Demand in retail for edible oils grew during the periods of 2020 that Tunisian consumers spent in lockdown, as people began to prepare more meals at home. However, rising unit prices mean that although there will be strong growth in current value terms, retail volume sales will decline overall. As imported brands are becoming prohibitively expensive, consumers are increasingly seeking out locally manufactured edible oils. Despite rising inflation and declining purchasing power, players were…

One of the biggest shifts in consumer behaviour stemming from COVID-19 has been the rapid rise in home cooking. Due to COVID-19, foodservice outlets have been forced to limit their operations in most states while many Americans have tried to limit their trips outside of the home. As such, many consumers avoided eating out during 2020 and chose instead to cook at home. As edible oils and especially olive oil are a significant part of many Americans’ preferred ingredients when preparing meals…

Coronavirus (COVID-19) provided an opportunity for sales of edible oils to rebound in 2020 after a period of stagnation. This sudden rise stemmed from increased home cooking despite several other factors that suppressed sales. During 2020, consumers avoided eating out and chose to cook more at home amidst social distancing measures. As such, edible oils, one of the main cooking ingredients in the country, experienced a sudden spike. This sudden spurt was also notable in traditional edible…

Edible oils is anticipated to respond well to the pandemic in 2020 overall, with current value sales rising noticeably. The main reason edible oils will see growth is due to increased consumption opportunities during lockdown. From March to May, the majority of Slovenians were obliged to stay in their homes, meaning all three meals were being prepared and consumed at home. As edible oils is considered a staple product and is used in many traditional and modern recipes, demand has risen in…

In 2020, edible oils is anticipating stronger retail volume and current value growth than was seen the previous year, while foodservice volume is expected to contract. The restrictions in functioning of foodservice outlets due to COVID-19 pandemic contributed substantially to the increase of home cooking, which supported the growing demand for edible oils in 2020. The performance of edible oils is largely driven by sunflower oil which is the most popular in the country and has a strong…

An effect of the COVID-19 pandemic in 2020 is that Portuguese consumers are paying more attention to healthy nutrition and wellbeing, and so are seeking out higher-quality food and ingredients. Premium olive oil, including extra virgin and organic olive oil, is benefitting from the increased demand for healthy edible oils, and will show the highest growth in both retail volume and current value terms. Responding to the growing demand for healthy nutrition and sustainability, Unilever Fima…

During 2020, consumption of olive oil has increased as people spent more time at home as a result of COVID-19 lockdown restrictions. This meant that more consumers were innovating in the kitchen, trying out new recipes and searching to add an element of indulgence to traditional meals such as salads, pasta sauces or lentils. During the COVID-19 lockdown, medium-and-high-income households have been willing to spend more money on groceries in order to add some luxury to their lives despite…

Foodservice volume sales of edible oils in Nigeria were strongly impacted by COVID-19 measures in 2020 as foodservice sales were restricted to takeaway only in major cities such as Abuja, Lagos, and Port Harcourt. (This followed a one-month lockdown in these cities when all foodservice outlets were fully closed). Edible oils is a major ingredient in food (such as jollof rice, fried rice, and fried chicken) sold through foodservice. Thus, it will witness low growth in 2020, being one of the…

Edible oils remain very popular in Morocco, as they form part of the local cuisine and most people in the country cook their main dishes with oil. Moreover, edible oils are also used to prepare different types of salads and are amongst the main ingredients when making local pastries and cakes, such as chebakia. Strong promotional activities and campaigns on local television channels have succeeded in increasing consumer awareness of edible oils; however, this product area is set to register…

Fearing supply chain disruption, many Latvian consumers rushed to stock up on cooking essentials during the early stages of the pandemic. Meanwhile, with restaurants and cafés closed for an extended period, a significant quantity of volume sales of edible oils shifted from the foodservice channel to retail. All of this will provide a significant boost to growth in retail current value sales of edible oils during 2020. Olive oil will be the biggest beneficiary of this trend, followed by other…

COVID-19 is expected to benefits edible oils with retail volume growth recovering after several years of decline. One factor that drove volume growth was dubious claims that consuming fat is good for the immune system. Increased cooking at home during lockdown also contributed to volume growth. There is also expected to be an upsurge in e-commerce purchases of edible oils in 2020, as consumers have grown to appreciate the convenience of it at a time when movement has been…

Retail demand is expected to increase in edible oils in 2020 as a result of the COVID-19 pandemic. The category is expected to demonstrate growth in both retail volume sales and retail current value sales as national lockdown and social distancing measures mean that more consumers are cooking at home. Furthermore, consumers are purchasing more non-perishable goods in order to prepare for uncertainty in the coming months as a result of the pandemic. Even as restrictions end and continue to be…

During the lockdown, many Irish consumers felt a call to support the domestic economy, and so switched from edible oils produced abroad to locally-made products. As a result, Irish rapeseed oil is becoming significantly more sought-after, while olive oil - which is entirely imported - will show the slowest growth of all edible oils in 2020. Retail sales of olive oil are still growing, but not as fast as for products of Irish origin such as rapeseed oil and sunflower oil. Poor crop yields and…

COVID-19 and the subsequent lockdown in quarter two of 2020 resulted in heightened consumer interest in being healthy (and thus eating healthily) in the medium/long term. The immediate impact was a spike in sales of edible oils and other staple foods (pasta, noodles, rice, canned/preserved food, etc.) as the Hungarian government imposed restrictions on their populations’ movements. In addition, consumers stockpiled sunflower oil specifically before lockdown started at the end of February and…

Edible oils is anticipated to experience stronger current value and retail volume growth in 2020 than was seen in 2019. The strong growth in 2020 is in part a result of COVID-19 restrictions including lockdown and nightly curfews. Due to these government restrictions that lasted throughout most of 2020 after March, many people were forced to stay home and as a result increased their at home cooking habits. Since more meals are expected to be made at home in Guatemala, edible oils is…

During the COVID-19 pandemic, edible oils have benefitted from state subsidies, which will likely help keep retail unit prices relatively stable. Local manufacturing of edible oils is also starting to take off in Georgia, albeit in limited quantities. Local production is seen as a positive move given the disruption to international supply chains during the pandemic, and it also serves to promote the local economy and protect jobs. Alfa Ltd has widened its assortment and now offers various…

In the spring, the impact of the COVID-19 pandemic increased home baking and cooking in Finland, while foodservice sales plummeted as hotels, restaurants and bars closed. Retail outlets ran out of stocks of both fresh and dry yeast as consumers stockpiled in order to bake bread, and sales of edible oils increased for the same reason during this time. According to Bunge Finland, the sales of domestic Keiju rapeseed oil doubled in March when compared with the previous year. Rapeseed oil has a…

Edible oils is expected to see a boost in retail volume growth as a result of the COVID-19 pandemic. Although the forced closure of all foodservice outlets meant a sharp decline in foodservice volumes, with edible oils being a key ingredient for many eateries throughout the country, retail volume growth will increase considerably, with more people cooking at home throughout the COVID-19 crisis. The category as a whole benefitted from a wave of panic buying as Egypt went into lockdown as…

As a result of the COVID-19 stay at home measures, the demand for edible oils in Costa Rica grew at more dynamic rate across retail channels in 2020, as families’ found themselves cooking home on a more regular basis. Equally, due to the economic downturn caused by COVID-19, many local mid-and-lower income consumers are facing reduced disposable incomes, resulting in them opting for more affordable eating options. As a result, the sale of more lower cost and healthier edible oils will be…

Shelf stable fruit and vegetables has seen sales significantly bolstered by demand for products with a long shelf life during the COVID-19 crisis. Before the pandemic, the category had been struggling for a number of years, as fresh and frozen fruit and vegetables gained in popularity at the expense of shelf stable alternatives, due to growing demand for less processed products. This shift in demand has been supported by the health and wellness trend leading to a focus on the nutritional…