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Learn moreDec 2020
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Due to the outbreak of COVID-19 in Spain, demand for packaged food increased in the country, as COVID-19 restrictions saw consumers spending more time at home. Lockdown restrictions were introduced from 15 March, while schools were already closed from 12 March.
On 16 March, the Spanish government announced the closure of its land borders, allowing only citizens, residents and other people with special circumstances to enter the country. Spain imposed the restrictions on its land borders with France and Portugal after the EU agreed to close the bloc’s external borders for 30 days.
In response to the outbreak of COVID-19, manufacturers which were able to be flexible and adaptable, responding to their new circumstances, were the most successful. Companies had to adapt to ensure the health of employees while maintaining a steady supply of stock to stores.
In 2020, supermarkets are set to remain the key retailers, increasing share, having been proactive in quickly responding to the COVID-19 pandemic, implementing safety measures in stores. In response to the virus, retailers focused on food safety and hygiene, safeguarding both staff and customers.
Foodservice outlets across the country were closed from March 2020, when the government implemented a lockdown. Takeaway services were available during this time; however, many consumers moved away from this option in favour of curbing spending during the year.
Economic recovery from COVID-19 is expected to be slow in Spain, as public and private debt grow significantly, slowing consumption and investment decisions. Therefore, it will be important for the government, institutions and banks to provide security to the population.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Packaged food industry in Spain with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Packaged food industry in Spain, our research will save you time and money while empowering you to make informed, profitable decisions.
When you purchase this report, you also get the data and the content from the category reports in Spain for free.
The Packaged food in Spain market research report includes:
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Why buy this report?
This industry report originates from Passport, our Packaged Food market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.