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 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 overall packaged food market in 2020 in Taiwan has been increasing significantly because of the impact of COVID-19. In the first half year of the year, most consumers were worried and concerned about the outbreak and possible food shortages. This resulted in panic-buying at the beginning of the outbreak in March. This lasted for a short...
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...
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...
Despite the COVID-19 pandemic, health and wellness products performed well during 2020, with a growing number of consumers looking to boost their immune systems with added vitamins or to look after their health by reducing sugar intake. No and low sugar tea and juices that are low in calories are increasingly consumed as health boosters in...
Due to the outbreak of COVID-19 in Austria, the government enforced a lockdown in the country from 16 March, closing non-essential stores while grocery retailers and pharmacies remained open. Foodservice venues had to close for dine-in options; however, takeaway and delivery was permitted, with an increasing number of players offering these...
With Canada introducing a raft of measures to control the spread of COVID-19 this has had a significant impact on demand for a range of products, including health and wellness packaged food and beverages. When the initial lockdown was first announced there was a spike in demand for these products, especially those with a long shelf life, with...
Unemployment soared during the lockdown periods and disposable incomes fell as many employees were forced to take pay cuts, whilst some did not receive any wages. This meant many consumers have been switching their purchasing behaviour during 2020. Essential products for home cooking, such as edible oils and sauces, dressings and condiments...
Overall, COVID-19 is anticipated to have a moderate impact on the sales of packaged food in the Dominican Republic in 2020. In terms of staple foods, the Dominican Republic domestically produces enough to meet the local demand, with production guaranteed. As a result, an increase in the consumption of local products versus imported products...