Prior to the pandemic, Tetra Pak launched packaging with QR codes in Russia for milk, juice and baby food products, enabling greater communication with consumers and a way to collect data and promote brand loyalty. The development allows consumers to track the whole path of their chosen products from manufacture to store shelves. The trend has been intensified by COVID-19 as manufacturers seek to assure consumers of quality and safety of produce during the pandemic. At the beginning of the…

The short-term effects of coronavirus (COVID-19) on the hot drinks industry are clear: massive channel shifting, consumer stockpiling and a struggling foodservice sector. The long-term term effects are now beginning to be seen as well – existing trends towards home delivery and takeaway have been permanently boosted, whilst long-standing trends towards premiumisation have shifted dramatically.

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The short-term effects of coronavirus (COVID-19) on the hot drinks industry are clear: massive channel shifting, consumer stockpiling and a struggling foodservice sector. The long-term term effects are now beginning to be seen as well – existing trends towards home delivery and takeaway have been permanently boosted, whilst long-standing trends towards premiumisation have shifted dramatically.

Also Read :…

IHG`s focus on mid-market hotels, such as Holiday Inn has stood it well in the light of the COVID-19 pandemic where this segment has been more resilient. The group is currently adding more brands more mid-market brands with Avid and Atwell Suites. IHGs presence is currently focused on the US but its expansion is pivoting towards the Asia Pacific. Speculation about a merger with Accor re-surfaced in 2020, such a merger would increase IHGs presence in Western Europe.

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The emergence of COVID-19 encouraged German consumers to take greater precaution while boosting their immune systems, which had a direct positive impact on demand for vitamins in 2020. A spectacular increase in sales was noted from February with a meteoric peak in the middle of March (week of March 16), with particularly high demand for vitamin C. The latter remains the most popular vitamin in terms of an immune support supplement, and local consumers were noted stockpiling as panic set…

The emergence of COVID-19 in 2020 enhanced the already growing awareness of pursuing preventive attitudes towards their health among German consumers. The pandemic only served to strengthen these attitudes in terms of heightened awareness of the importance of maintaining a strong immune system in order to be able combat infections and viruses, with dietary supplements with an immune system positioning gaining the strongest value share and recording the most impressive current value…

Similar to its impact on adult analgesics and vitamins and dietary supplements, the emergence of COVID-19 has resulted in short-term stockpiling of paediatric cough/cold remedies in addition to a notable increase in demand for paediatric vitamins and dietary supplements. While the extent of the spike might not be as apparent for paediatric categories, the impact can be seen for major contributing categories including paediatric acetaminophen, and vitamins and dietary supplements.

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Similar to its impact on adult analgesics and vitamins and dietary supplements, the emergence of COVID-19 has resulted in short-term stockpiling of paediatric cough/cold remedies in addition to a notable increase in demand for paediatric vitamins and dietary supplements. While the extent of the spike might not be as apparent for paediatric categories, the impact can be seen for major contributing categories including paediatric acetaminophen, and vitamins and dietary supplements.

Also…

Sweet spreads is expected to record strong growth in retail volume terms and stronger growth in retail current value terms in 2020, on a par with that seen across the review period. All categories are likely to see positive performances by both measures, as sweet spreads are an affordable and convenient way to consume treats in economically difficult times. The unit prices of such products are moderate to low, and they are accessible to consumers from different income groups, which is…

The COVID-19 lockdown measures in force across Costa Rica in 2020 boosted demand for sweet spreads as consumers spent increasing amounts of time at home. Sweet spreads are most often consumed during traditional eating occasions, particularly at breakfast and in the afternoon, when people usually have coffee with sweet spreads on bread or toast. These products are generally considered good comfort foods and as a result have increased in popularity during the uncertain times of the pandemic.…

Rice and noodles are two of the key staples of the Indonesian diet, with these products being used in a huge range of traditional dishes. These products are also largely affordable to most consumers making them an economical option. Given the importance of these products in the local diet, panic buying was seen around March and April 2020 when the first cases of COVID-19 were reported and when the government announced its LSSR measures. Rumours quickly spread of potential supply shortages…

Overall retail volume sales growth for rice, pasta and noodles in 2020 is expected to be up on 2019, and well above the CAGR for the entire review period. This is due to increased consumption of rice and pasta – the dominant product types – since the beginning of the COVID-19 pandemic. Because rice and pasta are reasonably affordable, widely used in traditional Argentinian cuisine and have long storage lives, both categories benefited from high levels of panic buying and stockpiling after…

Shelf stable seafood has been the most dynamic category within processed meat and seafood in 2020, with growth being driven by several factors. Firstly, due to its long shelf life and ambient storage these products are ideal for stockpiling. Concerned about food shortages some households began stockpiling products once LSSR measures were announced. Secondly, with schools closed and many consumers forced to work from home there has also been an increased demand for meal solutions, with…

After declining in 2018 and 2019 amidst worsening economic conditions, processed meat and seafood retail volume sales look set to grow strongly over 2020 as a whole. The turnaround is partly the result of panic buying and stockpiling that occurred in March and April after the Argentinian government moved to contain the COVID-19 pandemic via the imposition of a nationwide lockdown. Due to their longer storage lives, shelf stable and frozen products were the main beneficiaries of this…

Like with many staples, processed fruit and vegetables has benefited from consumers stockpiling in 2020 due to concerns over potential food shortages. Around the time that LSSR measures were introduced in April, media reports appeared which suggested there could be potential food shortages due to supply issues. As such, for those that could afford to do so, households stockpiled products such as shelf stable beans, shelf stable fruit, and frozen processed potatoes. These products have also…

Processed fruit and vegetables looks set to record robust growth in retail volume sales in 2020, which would be a marked improvement on the declines recorded over 2018-2019. Similar to other types of staples, retail demand for these products has increased substantially since the beginning of the COVID-19 pandemic in Argentina. Initially, this was due to panic buying and stockpiling that occurred in March and April after the government imposed a nationwide lockdown to slow transmission of the…

As part of its efforts to contain the spread of COVID-19, the Indonesian government closed educational facilities for part of 2020 with children forced to study at home. With children spending more time at home this provided a boost to a range of breakfast cereals, especially children’s breakfast cereals which many parents perceive to offer a nutritious start to the day. Home schooling also boosted demand for children’s breakfast cereals as a convenient afternoon snack, with these products…

Following six consecutive years of decline, breakfast cereals is poised to record robust growth in retail volume sales for 2020 as a whole. The category witnessed high levels of panic buying and stockpiling between March and May after the government imposed a nationwide lockdown to curb the spread of COVID-19 in Argentina, in part because these products have long storage lives. Given that consumption had fallen throughout the review period and was not expected to improve in 2020 due to a…

In response to COVID-19 the Indonesia government introduced large-scale social restrictions (LSSR) which have resulted in consumers spending more time at home, including working and studying from home. As such, this has resulted in increased demand for a wide range of packaged food, including baked goods. Packaged leavened bread has been the most dynamic category within baked goods in 2020, with these products being widely consumed for breakfast, lunch and as a snack. Packaged leavened bread…

Having recorded consistent declines earlier in the review period due to a worsening economic crisis that drove up prices and eroded purchasing power among Argentinians, baked goods looks set to post robust growth in retail volume sales for 2020 as a whole. The return to growth has been underpinned by increased consumption of leavened bread – the dominant product type in this category – since the beginning of the COVID-19 pandemic. Retail demand for leavened bread surged in late March and…