Sales of packaged food are set to be strongly affected by the impact of the COVID-19 virus in early 2020. The Colombian government’s response to the pandemic has had the most immediate, direct effect. On 17 March, President Iván Duque declared a state of emergency, followed by the announcement of 19-day nationwide quarantine, starting on 24...
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...
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...
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...
Global Carboxymethyl Cellulose Market 2021-2025 The analyst has been monitoring the carboxymethyl cellulose market and it is poised to grow by $ 463.11 mn during 2021-2025, progressing at a CAGR of 6% during the forecast period. Our report on carboxymethyl cellulose market provides a holistic analysis, market size and...
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 Global Vitamin B3 Market is poised to grow at a CAGR of around xx% over the next decade to reach approximately $xx million by 2028. Some of the prominent trends that the market is witnessing include rising demand for nutrition supplements, increasing demand for global meat, and growth in demand for functional and...