COVID19 EDITION Food for Thought has gathered hard food and drink market data for over 30 years. Now, FFT has developed a pioneering new approach to assessing food and drink markets in the context of the Corona Covid19 pandemic, as follows. ON MARKET FORECASTS AND THE COVID19 PANDEMIC The...
COVID19 EDITION Food for Thought has gathered hard food and drink market data for over 30 years. Now, FFT has developed a pioneering new approach to assessing food and drink markets in the context of the Corona Covid19 pandemic, as follows. ON MARKET FORECASTS AND THE COVID19 PANDEMIC The...
Due to the outbreak of COVID-19 in Malaysia, on 18 March, the government implemented The Malaysia Movement Control Order (MCO), which closed borders and allowed only essential stores to remain open, such as grocery stores and pharmacies, but limited their opening hours. Foodservice outlets were closed for dine-in options, with only takeaway...
The COVID-19 pandemic has had a significant impact across packaged food in Indonesia. As a response to the outbreak, the government installed large scale restrictions from April 2020, closing foodservice dine-in options, and requiring consumers to stay at home where possible. The regulations surrounding the lockdown led some consumers to stockpile...
The gum arabic market was valued at US$ 759.74 million in 2019 and is projected to reach US$ 1,206.35 million by 2027; it is expected to grow at a CAGR of 6.1% from 2020 to 2027. Gum Arabic, also known as acacia gum, gum sudani, Arabic gum, gum acacia, acacia, Indian gum, Senegal gum, and by other names, is a natural gum produced from...
Overall packaged food is expected to benefit from COVID-19 in 2020, with healthy retail volume growth. Growth in current value sales is expected to be even higher, with double-digit growth rates expected. However, part of this current value growth is driven by inflation. A worsening drought has made many local foods more expensive and imported...
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...
Overall, COVID-19 is expected to benefit packaged food in Bulgarian with healthy current value and retail volume growth. The healthy value growth was mainly driven by more cooking at home due to strict lockdown measures being in place. Even products that had been registering low volume growth over the review period, such as sauces, dressings...
In 2020, packaged food retail value sales in Germany are expected to record a higher rate of annual sales growth than over the review period. Although overall packaged food sales have only recorded modest growth in the review period, packaged food growth rate is expected to improve in 2020 to record retail current value growth that is more...