DUBLIN, April 28, 2020 /PRNewswire/ -- ResearchAndMarkets.com published a new article on the packaged food industry, "Packaged Food Market Set to Rise by 377%; COVID-19 Lockdown Creates Immense Demand for Processed, Canned and Frozen Foods"
Long-life foods have experienced a surge in demand as consumers stock up on staples out of fear of shortages and to limit the need to venture out for food. Sales of processed, canned and frozen foods are rising as many consumers are moving away from fresh foods in favor of stockpiling foods with a longer shelf life.
Products that require little preparation such as ready meals and instant noodles are also seeing rising demand as more consumers move to preparing meals at home. Several large companies like Nestle, Kraft-Heinz, Hormel Foods, Kellogg's and Mondelez International are experiencing a surge in demand because consumers are reaching for familiar brands in this time of uncertainty.
To see the full article and a list of related reports on the market, visit "Packaged Food Market Set to Rise by 377%; COVID-19 Lockdown Creates Immense Demand for Processed, Canned and Frozen Foods"
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SOURCE Research and Markets