COVID-19 will have a significant effect on demand for packaged food in Uzbekistan during 2020. The economic instability it engendered has led to an acceleration in the country’s already rapid rate of consumer price inflation during the spring by means of a depreciation in the foreign-exchange value of the Uzbek som. The pandemic also lead...
Packaged Food will see a slowdown in volume and constant value sales in 2020 as consumers focus on essentials, with consumers in many instances focusing on unpackaged, unbranded, and fresh food products at the expense of branded and packaged products where such substitutes are available. Categories that provide essential foods and have limited...
COVID-19 will strongly impact packaged food in 2020 as consumers remain at home to avoid catching the virus and the economic climate worsens. While there was no official quarantine in Belarus in 2020, and local producers have continued to work throughout the pandemic, the country’s packaged food industry has still been heavily impacted. For...
Fearing supply chain disruption, many Latvian consumers rushed to stock up on cooking essentials like edible oils, and sauces, dressings and condiments during the early stages of the pandemic. Meanwhile, with restaurants and cafés closed for an extended period, volume sales of these products have shifted from the foodservice channel to retail....
The COVID-19 outbreak in Mexico saw the government implementing a lockdown in the country from 31 March, when the population was encouraged to stay at home. All non-essential stores were closed, leaving grocery stores and pharmacies open. Only those who worked essential jobs were permitted to work, while school children also learnt from home....
Many areas of packaged food benefited from stockpiling in early-2020 in response to concerns over potential product shortages due to the impact of the COVID-19 pandemic. Many consumers also stocked up as they sought to minimise shopping trips away-from-home. This led to a surge in demand in early-2020 for products including rice, packaged...
COVID-19 is expected to have a considerable impact on packaged food in 2020. In retail, the COVID-19 pandemic is expected to stimulate higher growth for categories perceived as essential or long-lasting products, as consumer stockpiling will increase demand. Growth in retail packaged food will also be driven by the fact that, as a result of...
The COVID-19 pandemic has been the main driver for retail sales growth in basic Brazilian packaged food categories as consumers have prioritised essential household items such as rice, pasta, sauces and dairy products. Consumption of baked goods has been benefiting from home seclusion, as well as a certain amount of stockpiling, during the...
Retail current value sales of packaged food in Tunisia was relatively stable in the face of COVID-19 during 2020, reflecting the fundamental inelasticity of demand for these products. With the exception of hypermarkets, which were forced to close for a brief period, grocery retail outlets have continued to operate without significant disruption. Packaged...
In 2020, sales of packaged food in Ireland in retail are expected to perform well, anticipated to post higher current value growth than was seen in 2019. Stockpiling during the early months of lockdown heavily encouraged sales of long-expiry products such as canned vegetables, frozen meat, milk formula or dairy. Packaged Food in Ireland...