Unsurprisingly, sauces, dressings and condiments, are expected to be one of the categories that have benefitted the most from a surge in home cooking during the pandemic. Not only are consumers making more food at home, they are also experimenting more with new recipes, which further boosts sauces, dressings and condiments. Moreover, with Swedish consumers increasingly experimenting with more exotic food and methods of cooking during periods spent at home due to COVID-19, chili sauces and…

Value sales of ready meals are experiencing a sharp rise in 2020 as a result of consumers spending more time at home and, in turn, eating more meals at home, first as a result of the lockdown in the early months of the year and later due to other pandemic-related restrictions, including the closure of foodservice outlets. Stockpiling early in the year, particularly the stockpiling of shelf stable ready meals and frozen ready meals, is expected to result in an increase in value sales by the…

The demand for sweet spreads increased during the COVID -19 crisis and this product area is expected to record growth in both current value and retail volume terns as a result. As households were confined during lockdown, greater volumes of sweet spreads including honey, nut and seed based spreads, jams and preserves and chocolate spreads were used during breakfast and snack times, as they offer convenient and affordable ways to enjoy sweet treats.

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Value sales of sweet spreads posted strong growth in 2020 as Austrians spent more leisure and working time at home, eating breakfast and enjoying snacks more frequently at home. The fastest growth, approaching a double-digit rate, is slated for nut and seed based spreads, the smallest segment in the category but nevertheless the one that is quickly growing in popularity. Indeed, consumers are increasingly considering products such as peanut butter as a healthy alternative to jams and…

Mired in an environment shaped by the impact of the COVID-19 pandemic, many hungry, home-bound Austrian consumers are choosing convenience and storability over aspirations about health and freshness, driving a sharp rise in value sales for soup. Indeed, current value sales of soup are set to post strong growth in 2020, at a rate nearly four times that of prior year. As they prepared for the pandemic-related lockdown in early 2020, consumers stockpiled soup in nearly all formats, resulting in…

Due to the outbreak of COVID-19, in early 2020 Austrians found themselves forced to spend more time at home and, in turn, forced to prepare nearly all of their meals at home. At the same time, school closures early in the year resulted in most children settling in at home and eating their meals at home, as well. As a result, value sales of sauces, dressings and condiments spiked in early 2020 as consumers stockpiled the easily storable products and that growth continues as the year has…

After seeing slow but solid retail volume growth rates during most of the review period, rice, pasta and noodles has seen a particularly dynamic volume increase in 2020, along with even stronger current value growth. Hardly any other packaged food category was affected by the COVID-19 pandemic in Austria as strongly as pasta, rice and noodles. Many consumers wanted to stock up on staple foods in the first half of the year in view of the uncertain situation. The long shelf life of many rice,…

After seeing slow but solid retail volume growth for most of the review period, in 2020 the growth rate of processed meat and seafood has risen dramatically, with an even higher current value increase. The second quarter of 2020 was determined by measures to control the spread of COVID-19 and resultant changes in consumer behaviour. The increase in the amount of time spent at home due to home working and home studying led many Austrians to cook more at home, with retail sales therefore…

After seeing a slow but increasing growth rate for most of the review period, processed fruit and vegetables has seen a dynamic increase in its retail volume and current value growth rates in 2020. This has mainly been due to the COVID-19 pandemic. With many more people working from home and children studying at home due to school closures for many weeks in the first half of the year, the demand for meals prepared at home rose sharply. However, this has had a negative impact of foodservice…

After seeing slow but stable retail volume and current value growth rates for most of the review period, breakfast cereals has seen far more dynamic increases in 2020 due to COVID-19. The pandemic led to a strong increase in demand for breakfast cereals, as more Austrian adults consumed this meal at home, due to an increase in home working. Meanwhile, children were unable to attend school or kindergarten for several weeks in the first half of the year, which meant they spent more time at…

After a couple of years of retail volume decline, baked goods has seen a strong increase in 2020, along with an even higher current value increase. The COVID-19 pandemic led to much stronger demand amongst Austrians for packaged bread products, especially sandwich and toast breads, due to more time spent in the home. Decreases in sales by bakeries and the strong decline in foodservice led to a jump in sales figures, especially in the second quarter, for bread from modern grocery retailers,…

Car rental in Peru is reliant on inbound arrivals. The majority of Peruvians prefer to use their own car or land transportation to travel within the country. Consequently, the drastic decrease in inbound arrivals will negatively impact the sales of car rentals in 2020 overall. As many tourists fly into Lima, it is common for them to hire a car and drive to other parts of the country that are not accessible by air travel. However, due to the international travel bans and restrictions, the…

Car rental in Peru is reliant on inbound arrivals. The majority of Peruvians prefer to use their own car or land transportation to travel within the country. Consequently, the drastic decrease in inbound arrivals will negatively impact the sales of car rentals in 2020 overall. As many tourists fly into Lima, it is common for them to hire a car and drive to other parts of the country that are not accessible by air travel. However, due to the international travel bans and restrictions, the…

Car rental in Norway will register steep double-digit declines in current value sales and transactions for 2020 as a whole. This category is heavily dependent on inbound tourism, and has therefore been badly affected by the collapse in the number of foreign visitors that has resulted from the COVID-19 pandemic. Despite aggressive discounting by leading operators, the summer staycation boom did little to improve demand for car rental services. This was partly because many Norwegians used…

The Coronavirus (COVID-19) epidemic is striking hard in Spain, leading to severe impacts on the economy and personal and household budgets. Many businesses were forced to close by the measures taken to combat the spread of the virus, whilst unemployment levels are anticipated to witness significant increases in 2020. Consumers are less likely to take on loans in times of economic crises, with many using their savings or overdraft facilities to get through the outbreak. Consumption during the…

Border closures and travel restrictions have caused the demand for car rentals (destination) to plummet in Saudi Arabia in 2020. With restrictions on movement within the Kingdom during the nationwide lockdown, along with the steep drop in numbers of international tourists due to border closures, the demand for car rental dropped sharply from the end of the first quarter, with rental sales falling to rock bottom by the second quarter. The sudden decline in the number of tourists has caused…

Border closures and travel restrictions have caused the demand for car rentals (destination) to plummet in Saudi Arabia in 2020. With restrictions on movement within the Kingdom during the nationwide lockdown, along with the steep drop in numbers of international tourists due to border closures, the demand for car rental dropped sharply from the end of the first quarter, with rental sales falling to rock bottom by the second quarter. The sudden decline in the number of tourists has caused…

The car rental industry in Finland has been hit hard by the impact of COVID-19, with the plummet in inbound and domestic tourism flows lowering demand for car rentals. Car rental companies which rely on partnerships with airports have particularly suffered from the drop in demand. For example, bookings via Avis, Europcar, Sixt, Hertz and intermediary Rentalcars.com earn Finnair Plus loyalty program points. From mid-March, the only airports open for domestic flights were Helsinki, Mariehamn,…

The car rental industry in Finland has been hit hard by the impact of COVID-19, with the plummet in inbound and domestic tourism flows lowering demand for car rentals. Car rental companies which rely on partnerships with airports have particularly suffered from the drop in demand. For example, bookings via Avis, Europcar, Sixt, Hertz and intermediary Rentalcars.com earn Finnair Plus loyalty program points. From mid-March, the only airports open for domestic flights were Helsinki, Mariehamn,…

The car rental industry in Finland has been hit hard by the impact of COVID-19, with the plummet in inbound and domestic tourism flows lowering demand for car rentals. Car rental companies which rely on partnerships with airports have particularly suffered from the drop in demand. For example, bookings via Avis, Europcar, Sixt, Hertz and intermediary Rentalcars.com earn Finnair Plus loyalty program points. From mid-March, the only airports open for domestic flights were Helsinki, Mariehamn,…