Social distancing measures and lockdown protocols to prevent the spread of COVID-19 in 2020 forced some retail stores and foodservice outlets to close temporarily. The pandemic spurred panic buying over a few months in early 2020, with consumers stockpiling non-perishable pantry staples, including rice, pasta, noodles and baby food, as well...
During the COVID-19 crisis, the average number of meals consumed in the home rose to four from 1-2. This is due to an increased number of consumers working from home during the pandemic, which means they are more likely to consumer meals at home. This is expected to have a positive effect on retail sales of packaged food in Turkey, as consumers...
Many consumers rushed to stock up on products like rice, cooking oil and frozen processed potatoes, as well as shelf stable offerings ranging from processed red meat to milk, during the early weeks of the pandemic. Larger pack sizes proved particularly popular. However, demand for discretionary products like snacks declined. The economic impact...
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...
Fresh and perishable products saw a harsh impact from COVID-19 in Portugal in 2020, whereas processed and shelf stable products fared better. With regards to fresh and perishable products, disruptions such as the closure of borders, travel limitations, changes in the operating model of foodservice establishments, and even changes in consumption...
At the start of 2020 the Hungarian economy was experiencing strong growth with above average growth in packaged food sales in retail volume and retail value compared to other EU countries. Thanks to low unemployment and household’s strengthening purchasing power, many Hungarian households entered the pandemic period in good financial standing....
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...
As the COVID-19 pandemic spread across the world, the Greek government implemented measures to contain the spread of the coronavirus in March 2020. With the announcement of the lockdown, consumers rushed to stockpile essential packaged food items such as powdered and evaporated milk, frozen processed and shelf stable vegetables, rice, pasta...
Coronavirus (COVID-19) is having a significant impact on packaged food sales in India. A nationwide lockdown was imposed from 25 March for 21 days after which it was only lifted in some regions where the number of infections was low. The unprecedented measures necessary to curb virus transmission led to panic buying and subsequent stockpiling...