Lockdown and restrictions to prevent the spread of COVID-19 boosted sales of retail packaged food in 2020 thanks to precautionary stockpiling by consumers and a sharp rise in working, cooking and eating at home. Most key retail distributors remained open throughout lockdown, having been deemed essential retailers. Packaged Food in...
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...
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...
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....
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...
Broadly speaking, sales of packaged food are set to see polarisation in 2020 as a direct result of the impact of COVID-19. The Lithuanian government’s rapid response to the onset of the pandemic saw the closure of all shops and businesses, with the exception of grocery stores, pharmacies and veterinary pharmacies. In addition, all educational...
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...
Packaged food is set to register the highest retail value growth of the review period in 2020 in Poland, driven by the COVID-19 pandemic, which has increased demand for packaged food in retail as consumer foodservice sales plummeted due to the enforced closures during the lockdown periods. Faced with the unprecedented calamity of the pandemic,...
Consumer stockpiling was observed in the Czech Republic in March 2020, when a state of emergency was declared in the country regarding COVID-19. However, this behaviour did not persist as there were no visible shortages of packaged food and all products remained available. At the beginning of the quarantine, consumers were less price-sensitive...
COVID-19 is set to have a significant impact on sales of packaged food sales in Bosnia and Herzegovina in 2020. The government’s attempts to manage the pandemic have had the most direct effect on sales. A state of emergency was introduced on 17 March, including the imposition of a curfew from 20:00 to 05:00 hrs. Although were some are regional...