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...
Prior to the outbreak of COVID-19, the social conflicts seen in Bolivia were having a negative impact on packaged food towards the end of the review period. When the pandemic struck Bolivia in March, the government implemented a strict lockdown that saw schools closed and many working from home. Both the pandemic and ongoing social unrest...
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...
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...
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...
Retail demand for packaged food is expected to surge in 2020 as a result of the COVID-19 pandemic. After the first case of COVID-19 was reported in North Macedonia in February 2020, consumer fears for the future and talk of lockdown restrictions fuelled panic buying and stockpiling behaviours across the country. Packaged Food in North...
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...
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...
The majority of packaged food types are set to enjoy retail volume boosts during the COVID-19 pandemic and the long periods of lockdowns and home seclusion imposed by the authorities as part of the national and regional responses to the virus. Given the restrictions placed on consumer foodservice and home seclusion, Russians had little option...