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...
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...
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...
Packaged food continues to record retail value growth in Romania in 2020 despite significant changes in consumers’ purchasing and consumption habits as a result of the COVID-19 pandemic. During 2020, many Romanians spent long periods working from home and studying remotely in a bid to curb COVID-19 transmission. This led to a fall in on-the-go...
Packaged food is expected to be one of the best performing industries in terms of retail growth rates in 2020 following the outbreak of COVID-19. This is because of consumer stockpiling which is fuelled by the fear of potential stock shortages as well as the continued uncertainty of the global pandemic. The closure of foodservice outlets is...
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...
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...
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...
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...
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...