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…

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…

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…

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…

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…

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…

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…

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…

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 for p...

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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…

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…

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…

Retail value growth of processed fruit and vegetables spiked in 2020 after steady growth over the previous two years. The onset of the global pandemic had both negative and positive influences on the category, with the overall outcome being positive for retail and negative for foodservice. The unemployment rate was the highest in ten years with people at the lower end of the socioeconomic spectrum being the most badly affected in this regard. Diminishing disposable incomes encouraged many to…

All categories of processed fruit and vegetables are set to record stronger retail value and volume growth in 2020 compared to 2019, driven mainly by consumers spending increased amounts of time at home due to the COVID-19 pandemic. This, combined with the closure of foodservice outlets, led to a rise in the number of eating and cooking occasions within the home in 2020. Stockpiling was evident for shelf stable and frozen products due to their longer shelf lives and expiry dates as well as…

All categories of processed fruit and vegetables are set to record stronger retail value and volume growth in 2020 compared to 2019, driven mainly by consumers spending increased amounts of time at home due to the COVID-19 pandemic. This, combined with the closure of foodservice outlets, led to a rise in the number of eating and cooking occasions within the home in 2020. Stockpiling was evident for shelf stable and frozen products due to their longer shelf lives and expiry dates as well as…

All categories of processed fruit and vegetables are set to record stronger retail value and volume growth in 2020 compared to 2019, driven mainly by consumers spending increased amounts of time at home due to the COVID-19 pandemic. This, combined with the closure of foodservice outlets, led to a rise in the number of eating and cooking occasions within the home in 2020. Stockpiling was evident for shelf stable and frozen products due to their longer shelf lives and expiry dates as well as…

All categories of processed fruit and vegetables are set to record stronger retail value and volume growth in 2020 compared to 2019, driven mainly by consumers spending increased amounts of time at home due to the COVID-19 pandemic. This, combined with the closure of foodservice outlets, led to a rise in the number of eating and cooking occasions within the home in 2020. Stockpiling was evident for shelf stable and frozen products due to their longer shelf lives and expiry dates as well as…

All categories of processed fruit and vegetables are set to record stronger retail value and volume growth in 2020 compared to 2019, driven mainly by consumers spending increased amounts of time at home due to the COVID-19 pandemic. This, combined with the closure of foodservice outlets, led to a rise in the number of eating and cooking occasions within the home in 2020. Stockpiling was evident for shelf stable and frozen products due to their longer shelf lives and expiry dates as well as…

Pre-paid cards has been hit hard by the COVID-19 pandemic, with both the closed loop and open loop segments suffering pronounced adverse effects from measures to contain the spread of the disease. The suspension of retail and travel activity has had a major impact. In retail, pre-paid gift cards and merchant issued gift cards were affected. Meanwhile, in travel, RTA cards, closed loop pre-paid transport cards, have suffered from both the closure of public transport during lockdown and…

channels, foodservice, retail, and transportation, as part of measures aimed at limiting the spread of COVID-19. For example, while the beep card can be used for payment in some businesses such as convenience stores, its primary role is as a reloadable contactless smart card for paying rail-based rapid transit transportation fares in and around Metro Manila. As a result, it has suffered significantly fr...

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