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Posted by smithmorgan on August 19, 2024 at 8:16pm 0 Comments 0 Likes
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Due to the outbreak of COVID-19, sweet spreads is expected to record faster growth in value and volume terms in 2020, compared to 2019. Chocolate spreads is set to lead both volume and value growth, benefiting from having multiple uses. Jams and preserves is set to follow chocolate spreads, also recording high levels of growth. While traditional grocery retailers is set to account for the bulk of sales, the improved demand for sweet spreads was also observed through e-commerce, especially…
ContinueAdded by Sneha thorat on March 31, 2021 at 9:42am — No Comments
In 2020, sweet spreads has seen similar retail volume and current value performances compared with the previous year. It has not been impacted strongly by COVID-19, as many Thai households already have sweet spreads in the refrigerator to eat with bread between meals. There was no need to stockpile these products as grocery retailers remained open during the lockdown, and consumers can easily purchase these products from local convenience stores such as 7-Eleven. However, foodservice volume…
ContinueAdded by Sneha thorat on March 31, 2021 at 9:33am — No Comments
COVID-19 will drive a significant acceleration in retail current value sales of sweet spreads during 2020. With educational institutions and many workplaces closed for an extended period, consumers are eating more at home, boosting the consumption of these products, which are generally not well suited to on-the-go consumption. With restaurants closed for an extended period due to COVID-19, a shift in volume sales of sweet spreads from foodservice to the retail channel will also play a role…
ContinueAdded by Sneha thorat on March 31, 2021 at 8:25am — No Comments
Sweet spreads was under increasing pressure in Spain during the review period due to changes in breakfast routines. The overall decline in retail volume sales towards the end of the period was counterbalanced by an increase in out-of-home consumption. However, in 2019, jams and preserves continued to recover the retail volume sales that were lost earlier in the review period, with consumption being driven by demand for more natural products with higher fruit content. Companies such as Hero…
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Sweet spreads have seen sales spike in 2020 in response to COVID-19. With consumers forced to work and study from home for much of the year and with foodservice outlets unable to operate as normal this has helped drive sales of sweet spreads. Sweet spreads on bread has become a popular quick breakfast fix as well as a tasty snack option during 2020 with consumers unable to go out for breakfast. Furthermore, trapped at home, some consumers have been taking up new hobbies such as cooking and…
ContinueAdded by Sneha thorat on March 31, 2021 at 8:12am — No Comments
The demand for sweet spreads increased during the COVID -19 pandemic and this category is expected to record growth in both current retail value and volume terns as a result. As a large proportion of the local population was confined during lockdown, greater volumes of sweet spreads including honey, nut and seed based spreads, jams and preserves and chocolate spreads were consumed during breakfast and snack times as convenient and affordable ways to enjoy sweet treats. The majority of Poles…
ContinueAdded by Sneha thorat on March 31, 2021 at 8:06am — No Comments
Retail volume sales of sweet spreads will see boosted performance in 2020, due to the combination of sweet spreads being a popular option at breakfast and consumers having more time for sit-down breakfasts during the COVID-19 lockdown. Honey particularly benefitted, due to its secondary use as a sweetener in hot drinks such as tea. With a greater number of consumers working from home, there was increased home consumption of hot drinks, thus boosting consumption of honey. Stockpiling of sweet…
ContinueAdded by Sneha thorat on March 31, 2021 at 8:00am — No Comments
Honey does not have a strong presence in Malaysia, but it has seen demand blossom in 2020 due to COVID-19. A big factor behind this has been the appearance in the media of articles relating to the health benefits of honey in relation to COVID-19. Research has found honey to be beneficial in the treatment of a range of chronic conditions, including diabetes, hypertension, and bacterial infections, among others. Furthermore, some research has shown honey to be an effective virucidal. In…
ContinueAdded by Sneha thorat on March 31, 2021 at 7:56am — No Comments
Growth in retail current value sales of sweet spreads will slow modestly during 2020. This is because the premiumisation trend, which had been strong for most of the review period, has been weakened by economic disruption arising from COVID-19. Honey, where the shift to premium and organic offerings had been strongest, will see the sharpest slowdown in retail current value sales growth, while the slowdown in the growth of retail current value sales of chocolate spreads will be more modest.…
ContinueAdded by Sneha thorat on March 31, 2021 at 7:51am — No Comments
Of all consumer health products, vitamins is expected to benefit the most from COVID-19 in 2020, with people looking to boost their immune systems. The sales of vitamin C combined with zinc in particular is expected to see a surge in value growth in 2020, as such a combination has been reported as having positive affects in treating COVID-19. Such has been the increased demand for vitamins that local manufacturers have adapted their production lines to concentrate on vitamin production.…
ContinueAdded by Sneha thorat on March 31, 2021 at 7:45am — No Comments
Vitamins saw a strong spike in sales in 2020, mainly driven by the desperate need for immune system reinforcement that most Chileans consider to be essential to help prevent contracting COVID-19. Following the outbreak of the pandemic at the beginning of March, consumers rapidly turned towards vitamin products like vitamin C, vitamin D and multivitamins, often paying little attention to price. Consequently, almost all products suffered from shortages in pharmacies and drugstores.…
ContinueAdded by Sneha thorat on March 31, 2021 at 7:42am — No Comments
Vitamins saw a strong spike in sales in 2020, mainly driven by the desperate need for immune system reinforcement that most Chileans consider to be essential to help prevent contracting COVID-19. Following the outbreak of the pandemic at the beginning of March, consumers rapidly turned towards vitamin products like vitamin C, vitamin D and multivitamins, often paying little attention to price. Consequently, almost all products suffered from shortages in pharmacies and drugstores.…
ContinueAdded by Sneha thorat on March 31, 2021 at 7:35am — No Comments
In 2020, sports nutrition is expected to see a strong slowdown in its volume and current value growth rates compared with all other years of the review period. Although the growth rates were already slowing down due to the rising level of maturity, the slower increases in 2020 are also expected to be due to COVID-19. In order to control the spread of the virus in the country, amongst other measures the government closed gyms nationwide in April 2020, although the Ministry of Health…
ContinueAdded by Sneha thorat on March 31, 2021 at 7:28am — No Comments
The Movement Control Order (MCO) started on 18 March and lasted until 4 May. This was implemented as a preventive strategy by the Malaysian Government in an effort to contain the COVID-19 pandemic in the country. This resulted in the prohibition of outdoor exercise activities such as jogging and hiking, and the closure of indoor sports facilities such as gyms and fitness centres. The result was a contraction in demand for sports protein products. The protein/energy bars category was…
ContinueAdded by Sneha thorat on March 31, 2021 at 7:21am — No Comments
Sports nutrition is expected to register the lowest value growth of all consumer health products in 2020, with only single digit value growth and this is despite inflationary pressure. The product area is tiny in Egypt in terms of value share and with gyms closed for much of 2020, there is expected to be a drop in value growth compared with 2019. Sports nutrition is also considered non-essential and with COVID-19 being a major concern in 2020, consumers are spending their disposable income…
ContinueAdded by Sneha thorat on March 31, 2021 at 7:17am — No Comments
Sports nutrition has been negatively impacted by COVID-19 lockdown measures, including the closure of gyms and stores. From protein powder to energy bars and non-protein products sold through sports nutrition specialists, pharmacies and even supermarkets, sales depend on in-store performance as consumers value physically checking products and getting advice. In response, many consumers have shifted towards e-commerce to try and get their favourite brands. Through their own websites,…
ContinueAdded by Sneha thorat on March 31, 2021 at 7:12am — No Comments
Soup is set to record value growth of 11% in 2020, compared to a recorded growth of 6% in 2019.
Euromonitor International's Soup in Philippines report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2016-2020, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product…
ContinueAdded by Sneha thorat on March 31, 2021 at 7:02am — No Comments
Packaged soup is not a popular food in Thailand, and it has not seen a notable impact on its retail sales from COVID-19 in 2020, with just a slightly slower rate of growth, leading to a static performance in retail volume terms. At the beginning of the COVID-19 lockdown in the first half of the year, consumers preferred to stockpile cheaper products such as congee and instant noodles, which are also more substantial and provide a full feeling for longer. In addition, fresh soup is still…
ContinueAdded by Sneha thorat on March 31, 2021 at 6:57am — No Comments
COVID-19 will have a significant positive effect on growth in both retail current value and volume sales of soup during 2020 due to stockpiling in the early stages of the pandemic and an increase in home cooking due to remote working and the closure of educational institutions and restaurants for an extended period. Dehydrated soup and instant soup will see the sharpest acceleration in retail current value sales growth, as these products are particularly suited to stockpiling, given their…
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Sleep aids is one of the smallest consumer health product areas in Egypt. There is expected to be double-digit value growth in 2020, though not as high as in other consumer health areas. However, there was increased demand for sleep aids, particularly early in the pandemic, as people found it hard to sleep due to increased stress levels. However, this is expected to taper off later in the year as people’s sleeping patterns return to normal as they become habituated to the threat of…
ContinueAdded by Sneha thorat on March 31, 2021 at 6:45am — No Comments
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