Ready meals were increasingly embraced in home meals during the height of the pandemic in 2020. In general, Korean home-cooked meals consist of rice, soup or stew and many different side dishes, which involves rather complicated preparation steps. Prior to the COVID-19 outbreak, ready meals were generally welcomed by time-pressed consumers,...
COVID-19 has a positive effect on both current retail value and retail volumes in 2020, with volume growth expected to more than double. There was temporary stockpiling of shelf-stable and frozen ready meals because of their long expiration dates but prepared salads are expected to record the highest current value growth. Ready Meals...
Frozen ready meals will continue to show impressive growth in 2020, fuelled this year by the stockpiling of packets of dumplings (vareniki) and ravioli (pelmeni) during the lockdown period. Frozen ready meals have been well established since Soviet times. The main distribution channel continue to be traditional grocery retailers, which have...
As a result of the strict COVID-19 lockdown restrictions, the demand for ready meals in Costa Rica was boosted in the first half of 2020 as consumers spent more time at home and had a greater number of meals to prepare. Rising health consciousness also encouraged consumers to seek out healthier and more affordable meals, such as prepared salads. Ready...
While quarantined at home for parts of the year, consumers generally preferred to cook for themselves rather than purchase ready meals. This will result in a drop in retail volume sales in 2020. A significant increase in the average unit price will ensure that current value retail sales will still post growth, albeit from a very small base....
Ready meals is anticipated to see a higher growth rate in retail volume and current value terms in 2020 compared to the previous year. With consumers working from home during quarantine and foodservice outlets closed, ready meals was given a boost during the first half of 2020. Foodservice outlets and companies expanded their assortment and...
Demand for ready meals is expected to increase in 2020, as consumers are eating more meals at home during the COVID-19 crisis as a result of lockdown and a reticence to return to foodservice outlets even when they have reopened. Despite an increase in demand, however, the competitive landscape is expected to remain consistent with that of...
Retail current value sales growth in ready meals exhibited vigorous growth during the latter part of the review period, and this trend will extend into 2020, when retail current value sales growth will accelerate modestly. An increasing desire for convenience as consumers find themselves increasingly time poor is driving retail current value...
Foodservice volumes will be badly affected in 2020, as a result of restaurant and cafés closures as a measure against COVID-19. This is markedly changing the behaviour of Portuguese consumers, who are moving towards takeaway and home-delivery purchases. Although these channels were already growing before the pandemic, consumption generally...
In 2020, ready meals continues to be a small product area that is popular amongst a fraction of consumers in Bolivia. In response to the pandemic, current value growth rates are anticipated to drop as consumers have had more time to prepare their own meals. Prior to the pandemic, many Bolivians preferred to cook their own food from scratch,...