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Snehathorat's Blog – March 2021 Archive (197)

Global Sweet Spreads Market Updates, News and Data 2020.

Sweet spreads recorded a rebound in both value and volume sales in 2020 as a result of increased home consumption after the outbreak of COVID-19. Demand for sweet spreads had been sluggish prior to 2019 due to stagnation in the consumption of plain bread in the country, coupled with increased dessert alternatives in retail and foodservice channels. However, home seclusion in 2020 spiked sales of plain bread. This along with the emergence of frozen baked goods, thanks to increased penetration…

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Added by snehathorat on March 29, 2021 at 9:54am — No Comments

Global Sweet Spreads Market Updates, News and Data 2020.

As New Zealand consumers spent more time at home, nut and seed based spreads experienced significant rises in value and volume sales, owing to the increase in eating and snacking occasions at home. The increase in demand can be attributed to rising consumer awareness about the health benefits of innovative new product varieties becoming available. Growth is in line with increasing consumer demand for plant-based foods as New Zealanders are adopting flexitarian lifestyles and trying to make…

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Added by snehathorat on March 29, 2021 at 9:50am — No Comments

Global Sweet Spreads Market Updates, News and Data 2020.

On the whole, sweet spreads is not overly affected by COVID-19, with continued healthy value growth on a par with growth during the review period. Cameroonians eat a lot of bread in their diet and enjoy topping it with a sweet spread. However, certain products are expected to perform better than others. Chocolate spreads is the by far the largest product area, is economically priced and continues to register the highest current value growth. On the other hand, jams and preserves and nut and…

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Added by snehathorat on March 29, 2021 at 9:43am — No Comments

Global Rice, Pasta and Noodles Market Updates, News and Data 2020.

Rice, pasta and noodles is expected to record faster growth in value and volume terms in 2020 compared with 2019. This is because the category is expected to benefit from channel shifts. As consumers eat out less often, they are likely to consume more staples at home. Rice is expected to record the fastest retail volume and value growth in 2020 as it is the staple food in the Filipino diet. There is also an expected shift from unpackaged rice in favour of packaged alternatives, as the latter…

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Added by snehathorat on March 29, 2021 at 9:37am — No Comments

Global Rice, Pasta and Noodles Market Updates, News and Data 2020.

COVID-19 has had a beneficial impact on the rice, pasta and noodles category in Thailand. In rice, for example, prices increased by around 2% for all types. This was due to the long-term drought, which has reduced supplies, coupled with increasing demand from global export markets. COVID-19 then affected supply chains and exports. COVID-19 also led to increased demand for instant noodles. This is the result of consumers having to self-quarantine, with instant noodles a good option for…

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Added by snehathorat on March 29, 2021 at 9:29am — No Comments

Global Rice, Pasta and Noodles Market Updates, News and Data 2020.

Rice, pasta and noodles saw excellent performance during the lockdown period in 2020, benefiting from consumers panic buying and stockpiling due to the fact rice, pasta and noodles lend themselves perfectly to this scenario. Furthermore, many Swiss consumers have been working from home and children were also out of school, which meant an uptick in home-cooking and a higher consumption of rice, pasta and noodles. In order to capitalise on this scenario, there was a surge of promotional…

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Added by snehathorat on March 29, 2021 at 3:09am — No Comments

Global Processed Meat and Seafood Market Updates, News and Data 2020.

Processed meat and seafood is expected to record a faster growth in value and volume terms in 2020 compared with 2019. The category is expected to benefit from channel shifts. With consumers eating out less often, they are likely to consume more protein at home, which they would eat together with rice. Shelf stable seafood is projected to record the fastest retail volume and value growth in 2020, with shelf stable sardines likely to be a popular choice. This is especially likely among…

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Added by snehathorat on March 29, 2021 at 2:45am — No Comments

Global Processed Meat and Seafood Market Updates, News and Data 2020.

In 2020, the COVID-19 pandemic boosted demand for canned fish in Thailand compared with the previous year, as consumers stockpiled such products as a result of the crisis. Apart from stockpiling by consumers, canned fish was also used by the private sector and government for donation purposes. Meanwhile, with changing lifestyles of consumers in urban areas, sausage is becoming an increasingly popular snack option. Sausage consumption as a meal is increasing, and it is likely that eating…

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Added by snehathorat on March 29, 2021 at 2:31am — No Comments

Global Processed Meat and Seafood Market Updates, News and Data 2020.

COVID-19 lockdowns have benefited the retail performance of processed meat and seafood in 2020, as consumers are spending more time at home and thus cooking more frequently. Another positive impact came from borders being closed, which meant that cross-border sales were non-existent as Swiss consumers were not able to use this shopping channel as they usually do. The Swiss food retail trade benefited from this with a significant increase in turnover when comparing the periods March to June…

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Added by snehathorat on March 29, 2021 at 2:26am — No Comments

Global Processed Fruit and Vegetables Market Updates, News and Data 2020.

The processed fruit and vegetables category is expected to record faster growth in value and volume terms in 2020 compared with 2019. Categories in shelf stable format (fruit, vegetable, tomatoes, beans) are expected to record faster value growth than frozen processed potatoes in 2020, as the former offer greater convenience in terms of storage. Also, the stay-at-home situation has made access to fresh food more challenging. This will likely drive purchases of alternatives in shelf stable…

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Added by snehathorat on March 29, 2021 at 2:18am — No Comments

Global Processed Fruit and Vegetables Market Updates, News and Data 2020.

The COVID 19 pandemic has had quite a significant impact on demand for processed fruit and vegetables. As consumers focussed on stockpiling important staples such as rice, canned fish, water and instant noodles, demand for processed fruit and vegetables dropped, with these products considered less important during lockdown. Furthermore, most processed vegetables in Thailand are imported, and were thus affected by supply chain issues arising from COVID-19.

Also Read :…

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Added by snehathorat on March 29, 2021 at 2:13am — No Comments

Global Tea Market Updates, News and Data 2020.

Tea is set to receive a boost in sales during the COVID-19 epidemic. Switzerland is largely a coffee-drinking nation, although tea had been steadily growing more popular over the review period, albeit at lower levels of consumption growth than fresh coffee, for example. Growth is being driven by growing demand for functional and wellbeing teas, given the increasing awareness of the importance of health and wellbeing during the health crisis. During the COVID-19 pandemic, many claims have…

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Added by snehathorat on March 28, 2021 at 1:47pm — No Comments

Global Tea Market Updates, News and Data 2020.

During 2020, and particularly during the COVID-19 quarantine, there was increased demand for tea and filters. Consumers who typically drank tea in the office worked from home and thus purchased greater amounts of tea than in previous years to consume at home. Categories such as fruit/herbal tea, green tea and chamomile tea also benefitted from the perceived immunity-strengthening properties as many consumers sought to consume more preventative health products, hoping to stave off…

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Added by snehathorat on March 28, 2021 at 1:39pm — No Comments

Global Tea Market Updates, News and Data 2020.

With COVID-19 regulations closing foodservice venues across the country, while imposing safety restrictions once venues were open, tea is set to record a double-digit volume decline for foodservice in 2020, compared to growth of 4% in 2019.

Also Read :…

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Added by snehathorat on March 28, 2021 at 1:31pm — No Comments

Global Tea Market Updates, News and Data 2020.

As in coffee, some of the increase in retail volume sales for tea in 2020 is attributable to the customer base buying more of the products for home consumption, with many people being advised to work from home earlier in the year due to COVID-19. However, any stockpiling only took place for the first two weeks of the Movement Control Order (MCO), which was put in place on 18 March. Since that time there has not been much disruption in the distribution of tea products, which are deemed…

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Added by snehathorat on March 28, 2021 at 1:25pm — No Comments

Global Tea Market Updates, News and Data 2020.

Retail sales of tea will strongly benefit from the COVID-19 pandemic in 2020. COVID-19 is expected to intensify the established review period health and wellness trend that is already supporting growth in tea, as consumers are increasingly turning to tea as a preventative product. COVID-19 will contribute to this trend, as publicity and advertising tends to focus on the health benefits of green tea which boosts the immune system. These health and wellness claims will support retail growth…

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Added by snehathorat on March 28, 2021 at 1:19pm — No Comments

Global Tea Market Updates, News and Data 2020.

Retail sales of tea will strongly benefit from the COVID-19 pandemic in 2020. COVID-19 is expected to intensify the established review period health and wellness trend that is already supporting growth in tea, as consumers are increasingly turning to tea as a preventative product. COVID-19 will contribute to this trend, as publicity and advertising tends to focus on the health benefits of green tea which boosts the immune system. These health and wellness claims will support retail growth…

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Added by snehathorat on March 28, 2021 at 1:19pm — No Comments

Global Tea Market Updates, News and Data 2020.

Retail sales of tea will strongly benefit from the COVID-19 pandemic in 2020. COVID-19 is expected to intensify the established review period health and wellness trend that is already supporting growth in tea, as consumers are increasingly turning to tea as a preventative product. COVID-19 will contribute to this trend, as publicity and advertising tends to focus on the health benefits of green tea which boosts the immune system. These health and wellness claims will support retail growth…

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Added by snehathorat on March 28, 2021 at 1:19pm — No Comments

Global Tea Market Updates, News and Data 2020.

At the beginning of the pandemic in Europe, consumers started stockpiling essential goods. Alongside dried pasta and toilet paper, German shoppers turned their attention to health-orientated products. While hot tea has always suffered from an image as a drink to be consumed to relieve a cold or sore throat, this health positioning has proven to be an advantage during the Coronavirus (COVID-19) crisis. In early 2020, tea sales outperformed 2019 sales, and tea is expected to see retail volume…

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Added by snehathorat on March 28, 2021 at 1:13pm — No Comments

Global Tea Market Updates, News and Data 2020.

The negative growth that was recorded in retail value sales of tea towards the end of the review period was reversed during 2020 as consumers sought products that they perceive can help them to boost their immune systems and minimise the chances of falling seriously ill with the COVID-19 virus. This forms part of the general health and wellness positioning of fruit/herbal tea and in particular specific variants with specific healthy claims and positionings such as detox, immune boosting and…

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Added by snehathorat on March 28, 2021 at 1:09pm — No Comments

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