In 2020, sales of packaged food in Ireland in retail are expected to perform well, anticipated to post higher current value growth than was seen in 2019. Stockpiling during the early months of lockdown heavily encouraged sales of long-expiry products such as canned vegetables, frozen meat, milk formula or dairy. Packaged Food in Ireland...
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...
Broadly speaking, sales of packaged food are set to see polarisation in 2020 as a direct result of the impact of COVID-19. The Lithuanian government’s rapid response to the onset of the pandemic saw the closure of all shops and businesses, with the exception of grocery stores, pharmacies and veterinary pharmacies. In addition, all educational...
The emergence of COVID-19 in Vietnam and the early action taken by the government to introduce various lockdown measures in an attempt to control the spread of the virus, is set to have a mixed impact on packaged food in 2020. Packaged Food in Vietnam report offers a comprehensive guide to the size and shape of the market at a national...
Consumer stockpiling was observed in the Czech Republic in March 2020, when a state of emergency was declared in the country regarding COVID-19. However, this behaviour did not persist as there were no visible shortages of packaged food and all products remained available. At the beginning of the quarantine, consumers were less price-sensitive...
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...
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...
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...