South Korea Baby Food, 2021 Summary South Korea Baby Food, 2021, is an analytical report which provides extensive and highly detailed current and future market trends in the South Korean market. Government incentives to encourage childbirth have so far proved unable to reverse the birth trend,...
Due to the outbreak of COVID-19 in Switzerland, the government installed regulations and restrictions from 13 March, prohibiting large gatherings. On 16 March, non-essentials shops and entertainment locations were closed, including foodservice outlets. Foodservice venues were closed for dine-in customers until May, only able to provide takeaway...
Overall packaged food is expected to benefit from COVID-19 in 2020, with healthy retail volume growth. Growth in current value sales is expected to be even higher, with double-digit growth rates expected. However, part of this current value growth is driven by inflation. A worsening drought has made many local foods more expensive and imported...
Due to the outbreak of COVID-19 in Malaysia, on 18 March, the government implemented The Malaysia Movement Control Order (MCO), which closed borders and allowed only essential stores to remain open, such as grocery stores and pharmacies, but limited their opening hours. Foodservice outlets were closed for dine-in options, with only takeaway...
Unemployment soared during the lockdown periods and disposable incomes fell as many employees were forced to take pay cuts, whilst some did not receive any wages. This meant many consumers have been switching their purchasing behaviour during 2020. Essential products for home cooking, such as edible oils and sauces, dressings and condiments...
In 2020, the effects of national lockdown on consumer behaviour have led to a reversal in the poor performance of retail packaged food. From 2015 to 2019, sales of packaged food in retail volume terms decreased because of falling purchasing power and rising unemployment. However, in 2020 the situation has been completely different, with COVID-19...
The COVID-19 pandemic has had a significant impact across packaged food in Indonesia. As a response to the outbreak, the government installed large scale restrictions from April 2020, closing foodservice dine-in options, and requiring consumers to stay at home where possible. The regulations surrounding the lockdown led some consumers to stockpile...
In 2020, packaged food retail value sales in Germany are expected to record a higher rate of annual sales growth than over the review period. Although overall packaged food sales have only recorded modest growth in the review period, packaged food growth rate is expected to improve in 2020 to record retail current value growth that is more...
Overall, COVID-19 is expected to benefit packaged food in Bulgarian with healthy current value and retail volume growth. The healthy value growth was mainly driven by more cooking at home due to strict lockdown measures being in place. Even products that had been registering low volume growth over the review period, such as sauces, dressings...
Overall, COVID-19 is anticipated to have a moderate impact on the sales of packaged food in the Dominican Republic in 2020. In terms of staple foods, the Dominican Republic domestically produces enough to meet the local demand, with production guaranteed. As a result, an increase in the consumption of local products versus imported products...