China’s demand for Fresh Meat and Seafood has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
Prior to the pandemic, one of the most pertinent factors in exerting a negative impact on potential volume growth of fresh food was the contraction of the Japanese population due to a declining birth rate. To combat this, fresh food producers were focusing on leveraging on key trends shaping consumer demand, particularly the growing influence...
The COVID-19 pandemic had a strong impact on many categories within fresh food in Morocco in 2020 as transport restrictions, unemployment rates, and fluctuations in supply and demand affected product prices and consumer consumption. Additionally, due to restaurant, hotel and other foodservice venue closures, the category experienced greatly...
The global casing market is expected to record a value of US$5.90 billion in 2024, increasing at a CAGR of 2.48%, for the time period of 2020-2024. The factors such as increasing meat consumption, growing world population, escalating the fast food market, rising demand for processed meat and rapid urbanisation would drive the growth of the...
The Indian fresh food market was impacted significantly by the spread of Coronavirus (COVID-19), beginning in March 2020. The COVID-19-induced lockdown which led to the closure of foodservice outlets such as restaurants, cafés, bars, etc, as well as institutional establishments such as educational institutes, cafeterias, etc, forced wholesalers...
COVID-19 had a negative effect on foodservice and institutional volume sales of fresh food during 2020. A significant decline in international tourism weighed heavily on foodservice demand, while local consumers ate out less frequently due to the negative impact of the pandemic on consumer confidence and a fear of contagion. The fact that...
COVID-19 restrictions had a significant negative effect on the Thai economy, particularly the crucial tourism sector, during 2020. As a result, there was a significant decline in demand for fresh food in the foodservice channel. The pandemic also led to a sharp increase in the rate of unemployment, which weighed on consumer confidence. Demand...
The Mexican market saw total volume sales of fresh food decline in 2020 as the COVID-19 crisis had a dramatic impact on foodservice channels and undermined consumer confidence and purchasing power. However, performances varied significantly across fresh food categories. Products that are perceived to offer a combination of affordability, nutritional...
During the pandemic, prices of fresh food in Spain increased in 2020. This was, in part, due to disruptions of the supply chain as producers had to adapt their production processes to account for social distancing and hygiene requirements during the COVID-19 pandemic. These disruptions in the supply chain increased the cost of logistics considerable,...
This study focuses on China’s Fresh Meat and Seafood industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s...