In 2020, packaged food in South Korea is recording the strongest current value growth in years. Consumers are again staying at home more frequently as COVID-19 infection rates have climbed again since November, strengthening the home-cooking trend and thus demand for packaged food. The ready meals category gradually increased its sales in...
Prior to the pandemic, one of the most pertinent factors in exerting a negative impact on potential volume growth of packaged food was the contraction of the Japanese population due to a declining birth rate. This was encouraging manufacturers to focus on the development of higher-value products, particularly in mature categories. Packaged...
COVID-19 has had a significant impact on the packaged food industry in 2020. Foodservice closures and capacity limitations to prevent the spread of the virus have led to large spikes in retail demand for packaged food, at the expense of foodservice sales. Eating occasions have shifted into the home, and this has changed the way consumers eat...
In New Zealand, sales of packaged food in terms of retail volume and current value are expected to see a strong increase in 2020. Part of the growth is a result of changing consumer habits because of Coronavirus (COVID-19) restrictions, such as stockpiling on pantry essentials and changes in lifestyles that resulted in more eating occasions...
During 2020, the government of Peru implemented a number of measures to limit the spread of COVID-19, including several months of lockdown restrictions, where residents were forced to remain at expect for essential travel in order to limit the transmission of the virus in the community. The introduction of the lockdown period saw a spike in...
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...
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...
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...
Packaged food will see markedly boosted sales in 2020 as the category was heavily impacted by COVID-19. In mid-March, as the spread of the virus intensified in Norway, people avoided non-essential trips outside their homes, greatly reducing the footfall in cafés and restaurants. Instead, they visited local grocery retailers or relied upon...
Packaged food will see a significant impact from COVID-19 in 2020 with drastically reduced revenue takings. This was largely due to the temporary closure of bars and restaurants from mid-March to mid-May, which was imposed to reduce the spread of the virus. After May, the venues were allowed to reopen provided social distancing restrictions...