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2020 saw a steep fall of 18% for weight management and wellbeing, led by wholesale changes in lifestyles during lockdown that are encouraging consumers to adopt a more holistic approach to their weight management.
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Added by lorreinhardy on March 29, 2021 at 5:46am — No Comments
Sales of sports nutrition fell by a significant 12% in 2020 due to the impact of the pandemic. With gyms, yoga and fitness centres all forced to close for various periods between March and August 2020, and large annual sporting events such as Standard Charter Marathon and the Spartan Race cancelled, the average consumer had limited opportunity to exercise to a point of consuming sports nutrition. While in some countries, the same conditions pushed consumers towards exercising in their homes,…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:45am — No Comments
While sleep aids are expected to record decline of 6% in 2020, this is one of the most resilient categories in consumer healthcare. This is due to the pandemic causing increased levels of insomnia in Hong Kong as large numbers of people worry about losing their jobs and about their health. The terms “insomnia” and “can’t fall asleep” racked up their highest number of searches of all time on Google during Q2 2020.
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Added by lorreinhardy on March 29, 2021 at 5:45am — No Comments
Rice, pasta and noodles is experiencing stronger retail value and volume growth in 2020 compared to 2019, helping to offset the sluggish growth of the review period. This reflects increased demand during the COVID-19 pandemic and stockpiling by consumers before and during the country’s lockdown period. According to the CEO of leading player Myllyn Paras Oy, the increased demand lasted for at least four weeks, with demand for pasta also rising sevenfold over a week. After initially being…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:44am — No Comments
Rice, pasta and noodles is experiencing stronger retail value and volume growth in 2020 compared to 2019, helping to offset the sluggish growth of the review period. This reflects increased demand during the COVID-19 pandemic and stockpiling by consumers before and during the country’s lockdown period. According to the CEO of leading player Myllyn Paras Oy, the increased demand lasted for at least four weeks, with demand for pasta also rising sevenfold over a week. After initially being…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:43am — No Comments
Due to the outbreak of COVID-19, consumer demands for frozen ready meals increased, with some consumers stockpiling goods they might need in cases of isolation or long periods of home seclusion. In addition, some consumers were wary that food supplies might be impacted by the outbreak of the virus, choosing to stockpile dried porridge and frozen ready meals as a solution to this concern. Many people associate dried porridge with being a nutritious food to consume when feeling ill, which…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:43am — No Comments
While many people have been forced to work and study from home during 2020 due to COVID-19 not everyone has had the time to produce regular home cooked food. Struggling to juggle home working, home schooling, household chores and family commitments many households have turned to ready meals as a convenient meal solution. As a result, ready meals is expected to record double-digit current value growth in 2020. Frozen ready meals have proven particularly popular with these being generally…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:41am — No Comments
With the closing of foodservice outlets, except for the purposes of take-away and delivery, in the first half of 2020, ready meals saw an unusual surge in demand compared to the same period the previous year. With a second lockdown in autumn and a ban on eating and drinking in restaurants, bars and cafés, it is anticipated that ready meals will see a significantly higher growth rate in 2020 than in other years. With home seclusion and people working from home, ready meals are a convenient…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:41am — No Comments
Ready meals is expected to strongly benefit from the widespread impact of COVID-19 in Serbia. As consumers are worried about an uncertain future and would rather reduce the number of times they need to go to the shops in order to reduce their chances of infection, many consumers began to stockpile products that can be stored for a long time. Many products in ready meals are suitable for stockpiling, such as frozen ready meals, which are expected to lead retail value growth in ready meals in…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:41am — No Comments
Ready meals is expected to see a particularly dramatic impact from the COVID-19 outbreak. As more consumers work from home, many are turning to ready meals for quick meals. Furthermore, home seclusion also meant that foodservice outlets were unavailable to customers, which means that products in ready meals were convenient alternatives to eating out.
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Added by lorreinhardy on March 29, 2021 at 5:40am — No Comments
Ready meals will record solid performance in volume terms in 2020, with frozen pizza, frozen ready meals and shelf stable ready meals benefitting from stockpiling during the initial COVID-19 panic. However, this factor quickly lessened and had only a moderately positive impact on overall volume sales. Chilled ready meals will see the most dynamic growth in 2020 as these are generally considered to be fresher and more convenient than many frozen foods, which typically require thawing,…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:38am — No Comments
Ready meals is likely to see the largest retail value growth in the cooking ingredients and meals category in 2020. Generally, ready meals is not part of Greek consumption patterns as families enjoy cooking at home and eating together. However, with the pandemic’s subsequent lockdown and more people staying at home, consumers increasingly bought ready meals, especially frozen ready meals and frozen pizza. This is as a result of consumers avoiding supermarkets and trying to stock up on food…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:37am — No Comments
By far the highest growth rate in 2020 has been for dinner mixes. Due to COVID-19, sales have grown enormously, as demand for home order boxes has increased due to quarantine and social distancing, as well as a general increase in Germans’ willingness to order food online. As a result, the leader within dinner mixes, HelloFresh, is seeing above average growth, as is Marley Spoon. Partly due to increased demand in Q2 2020, producers of dinner mixes have started to reach their capacity…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:36am — No Comments
Having expanded rapidly for most of the review period, the rate of growth in retail current value sales of ready meals is forecast to slow significantly during 2020. While COVID-19 meant that local consumers could not dine in their favourite restaurants for an extended period, most of them turned to home cooking, rather than ready meals, to fill this gap. Spending more time at home due to work and school closures during the lockdown, they also had more free time in which to cook. The economy…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:35am — No Comments
Ready meals is expected to see moderately higher current value growth in 2020 than in 2019 (albeit from a low base), slightly benefitting from eating occasions shifting to the home as a result of COVID-19 and related lockdown measures. The temporary closure of foodservice outlets due to a non-essential categorisation in the first quarter of the year initially benefited ready meals. This is because in the Dominican Republic, ready meals traditionally competes with prepared meals from a…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:35am — No Comments
Volume retail sales of ready meals are set to see positive growth in 2020, following consistent decline over the review period until the onset of COVID-19 at the beginning of the year. Demand for these products has been driven by a mix of virus-related factors – the closure, or at least extreme restriction, of foodservice, the fact that many consumers have chosen to work from home or have been encouraged to do so to reduce their exposure, and the closure of schools which has increased the…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:34am — No Comments
The nationwide lockdown in the first quarter of 2020 significantly boosted demand for frozen ready meals. Indeed, in February, frozen dumplings sold out in many physical retail outlets. The strong demand for frozen ready meals was underpinned by a number of factors. The long shelf life of frozen ready meals products made them good for stockpiling at a time when opportunities for grocery shopping were limited and consumers were concerned about running out of essentials. Furthermore, the…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:34am — No Comments
Sales of processed meat and seafood have risen in 2020 as a large number of Finnish consumers spent more time at home due to COVID-19. This has helped to reverse the negative value growth of 2019 in areas such as chilled processed seafood and chilled processed red meat. The closure of foodservice outlets and schools has also led to increased occasions of cooking and eating in the home, boosting sales of products such as minced meat and frankfurters, along with tinned tuna. Growth in demand…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:32am — No Comments
After seeing slow but stable retail volume growth during most of the review period, in 2020 the growth rate in processed meat and seafood has soared, with even higher current value growth. As part of the government’s efforts to curb the community transmission of COVID-19 in the first half of the year, Singapore residents were required to stay at home and avoid unnecessary contact with others, and some consumers stockpiled these products, particularly frozen processed meat and seafood due to…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:30am — No Comments
Sales of processed meat and seafood have risen in 2020 as a large number of Finnish consumers spent more time at home due to COVID-19. This has helped to reverse the negative value growth of 2019 in areas such as chilled processed seafood and chilled processed red meat. The closure of foodservice outlets and schools has also led to increased occasions of cooking and eating in the home, boosting sales of products such as minced meat and frankfurters, along with tinned tuna. Growth in demand…
ContinueAdded by lorreinhardy on March 29, 2021 at 5:28am — No Comments
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