Edible Oils

Compared to 2019, edible oils is set to see a significant rise in volume and value growth in 2020, with a spike in sales noted during March-May, the main lockdown period. During this time, all non-essential establishments were closed, with only ...

Foodservice closures as a result of lockdown measures will have a heavy impact on foodservice volume sales of edible oils in 2020, with decline being expected as a result. While the reopening of foodservice outlets will bolster sales in the second ...

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 ...

Edible oils is expected to register a boost as a result of COVID-19, with more people cooking at home and a degree of stockpiling happening during the early weeks of the pandemic. It is expected that retail volume will register double-digit growth. ...

The start of the lockdown in March and April saw the price of edible oils at open air markets rise in Uzbekistan, in some cases by up to three times. However, products remained generally more affordable than in supermarkets, and despite price rises, ...

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 ...

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 ...

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 ...

In 2020, many consumers were worried about the uncertain future and wanted to limit their shopping trips where possible in order to avoid potential exposure to the COVID-19 virus. As such, many Macedonian customers turned to panic buying and ...

Edible oils is expected to show a significantly higher retail volume and current value growth rate in 2020 relative to the previous year. This is in part due to the stockpiling effect in the early stages of the lockdown in the first quarter of 2020 ...

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...

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...

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 ...

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 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 ...

Edible oils has always been popular in Bolivia and after seeing consistent growth over the review period will record noticeably higher current value growth rates in 2020 due to the pandemic. In fact, edible oil has been one of the most purchased food...

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 ...

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 ...

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 ...

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...