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...
Prior to the COVID-19 pandemic in 2020, Ecuador was experiencing a complicated economic scenario in 2019. The government tried to impose a series of tax measures as part of the IMF’s requirement to disburse loans. This led to a national strike in October 2019, which caused even more of an economic loss in the country. The economic crisis in...
The majority of packaged food types are set to enjoy retail volume boosts during the COVID-19 pandemic and the long periods of lockdowns and home seclusion imposed by the authorities as part of the national and regional responses to the virus. Given the restrictions placed on consumer foodservice and home seclusion, Russians had little option...
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...
Fearing supply chain disruption, many Latvian consumers rushed to stock up on cooking essentials like edible oils, and sauces, dressings and condiments during the early stages of the pandemic. Meanwhile, with restaurants and cafés closed for an extended period, volume sales of these products have shifted from the foodservice channel to retail....