Cooking and baking at home during lockdown is set to help to boost retail sales of sweet spreads in current value terms in 2020, but foodservice establishments were forced to close their doors as Finns worked and studied from home. Jams and preserves used for baking, for example, are set to perform well. Meanwhile, honey consumption is expected to increase, but nevertheless remain dependant on the domestic harvest in summer 2020, as Finns prefer to purchase local honey when they can.…

In 2020, sweet spreads is set to post stronger current value and retail volume growth than was seen the previous year. However, sweet spreads is anticipating a strong increase in average unit prices in 2020, especially chocolate spreads which is set to post the most dynamic current value growth and the highest average unit price increase. So, some of the current value growth in 2020 will be a result of increasing unit prices. Nevertheless, the performance of sweet spreads benefits from the…

In response to the outbreak of COVID-19, the Slovenian government implemented many restrictions, starting with a national lockdown that begun on 20 March 2020. Under lockdown, schools were forced to close, and employees had to work from home where possible. Only essential retailers could remain open and the foodservice industry was also obliged to close until May. When these implementations were first announced, many Slovenian consumers began stockpiling the essential products as there was a…

Ready meals is anticipated to perform well in response to the pandemic with current value and volume sales rising notably. However, average unit price has increased compared to the previous year, which will be the main factor to encourage current value growth in 2020 overall. When COVID-19 initially broke out in Q2, ready meals saw a slight boost in demand due to the stockpiling trends recorded in March and April. However, over the rest of the year, the pandemic has had very little impact on…

Being close to Italy, Slovenians have a long tradition of enjoying pasta and it is largely perceived to be a staple food. Pasta with sauce is one of the most common meals in Slovenia, providing a quick and convenient meal option, often chosen by modern families. In 2020, pasta will experience the highest values sales within rice, pasta and noodles, with dried pasta showing the most dynamic growth overall. Pasta has responded well to the pandemic due to its low-price, long shelf life and…

Prior to the pandemic, soup was benefiting from the increasingly busier lifestyles of Slovenians, particularly the younger generation who work long hours and are more career orientated. Once being a popular product to take to work for lunch, soup will suffer as a result of lockdown due to the lack of consumption opportunities. Whilst current volume sales are anticipated to decline, current value sales will rise notably, however this will be due to the significant raise of unit prices. With…

In terms of current volume sales, some product areas are anticipated to respond to the pandemic better than others. For example, cooking sauces and tomato pastes and purées will see their current volume sales grow noticeably. Cooking sauces benefits from being a staple food item and therefore was one of the products that consumers stockpiled when lockdown was first announced. Furthermore, due to increased consumption opportunities, demand for cooking sauces has risen as Slovenians have now…

Processed meat and seafood is anticipated to largely benefit from the COVID-19 pandemic with current value sales growing notably. The main reason for this will be due to increased consumption opportunities as most Slovenians have been spending more time at home in 2020 due to lockdown. However, consumption habits have changed significantly, with many consumers opting for packaged meat products compared to the more traditional butcher’s unpackaged meats due to safety concerns. Many perceive…

Due to the outbreak of COVID-19, processed fruit and vegetables will see an increase in current value sales in 2020 overall. With the majority of consumers having spent more time at home during 2020 than usual due to lockdown, consumption opportunities have risen. Likewise, given the nature of the crisis, health and wellness has become even more important in 2020, with many consumers adapting their diets to become healthier. This has been extremely beneficial for the demand of processed…

Retail volume sales and value sales of rice, pasta and noodles shot up to double-digit growth in 2020 as consumers purchased supplies to cover the long term as they settled in at home due to lockdowns and other pandemic-restrictions. In fact, in the early months of 2020, many consumers prepared for an indeterminable period of lockdown by taking part in a brief period of panic buying of rice, pasta and noodles, products that are versatile and easily storable. Despite the abrupt spike in…

As a result of consumers settling in and preparing more meals at home due to pandemic-related restrictions, retail volume sales growth of processed meat and seafood is expected to triple in 2020 while value sales growth is set to nearly double. In particular, value sales of popular chilled processed red meat and chilled processed poultry are approaching double-digit growth rates in 2020. Values sales of frozen processed poultry and frozen processed seafood are also likely to approach…

COVID-19 is set to have a significant impact on sales of packaged food sales in Bosnia and Herzegovina in 2020. The government’s attempts to manage the pandemic have had the most direct effect on sales. A state of emergency was introduced on 17 March, including the imposition of a curfew from 20:00 to 05:00 hrs. Although were some are regional variations, non-essential stores were closed. Only grocery retailers and pharmacists were allowed to remain open, and for a shorter time than normal.…

In 2020, there have been sharp rises in both retail volume sales and value sales of processed fruit and vegetables as consumers, increasingly home-bound due to pandemic-related lockdowns and restrictions, prepare more meals at home. Demand spiked in the early months of 2020 but has since stabilised. This has been facilitated in part by the gradual reopening of foodservice outlets.

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All types of sweet spreads will show growth in both current value and retail volume terms in 2020. This is largely due to their long expiry dates, which made them a popular item for stockpiling at the start of the lockdown period. The strong retail volume growth in honey this year is attributable to the fact that many Uzbeks believe that honey boosts the immune system, and can therefore protect them against COVID-19.

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Sweet spreads will see declining current volume growth rates in response to the pandemic in 2020 overall. When lockdown was first implemented, sweet spreads was largely unimpacted in terms of demand and consumption. The stockpiling trends recorded in March has had little impact on sweet spreads as it is perceived an essential item but at the same time consumers did not limit consumption either as not to disturb their normal eating patterns. However, as the pandemic has continued and the…

After seeing continual growth towards the end of the forecast period, baked goods is anticipated to record declining current value sales in 2020 in response to the pandemic. The main reason for this is that the majority of product areas that drive sales come in unpackaged formats, however since the outbreak of COVID-19, consumers have been switching to packaged formats. Despite bakeries and supermarkets attempting to assure the safety of their unpackaged baked goods, consumers have still…

Prior to the pandemic, the economy was slowly starting to become stronger in Slovenia which was having a significant influence on breakfast cereals. As disposable incomes rose, consumers were more willing to trade-up or pay for premium products. Additionally, the growing health and wellness trend led to the launch of healthier cereals containing nuts and seeds that tend to be more expensive, which therefore drove up value sales. Nonetheless, the onset of the COVID-19 pandemic has resulted in…

After posting a rise in 2019, demand for baked goods declined abruptly in 2020 as a result of the impact of COVID-19. In the early months of 2020, the government responded to the onset of the pandemic by implementing a number of precautionary health measures, including instituting a curfew, limiting retail hours and altering protocols for food distribution and handling and delivery to consumers. These and other pandemic-related efforts helped to immediately reduce demand for baked goods,…

In 2020, breakfast cereals benefited as consumers spent more time eating meals, including their breakfast, at home, a result of pandemic-related lockdowns and various precautionary restrictions on movement, gathering and foodservice. In the early months of 2020, some households stockpiled considerable amounts of breakfast cereal as they prepared for the lockdown and even as restrictions are eased as the year progresses, demand continues to be strong, boosting retail volume and value sales.…

Following the moderate year of growth in 2019, sweet spreads is expected to post slightly higher current value and retail volume growth rates in 2020. However, part of the current value growth may be attributed to increasing unit prices in 2020. While some consumers may be lowering their consumption of sweet spreads in 2020 due to prioritising other more essential goods, other consumers are actually increasingly looking for affordable indulgences during self-isolation periods which persisted…