Culinology - June 2020 - 48

NEWS bites

PROLONGED

DELAYED

EARLY

COVID-19: Timelines for global market regeneration

REBOUND

An early return to normal living conditions
(schools, workplaces, stores, restaurants,
etc. re-open) at some point in the third
quarter of 2020.

REBOOT

A medium-term scenario that is positioned
in the fourth quarter of the year.

REINVENT

A longer-term view that places the world in a
general return to normal living conditions at
some point in the first half of 2021.
Source: Nielsen

52% fewer

Adopting

1.6 million

grocery
shopping
trips

e-commerce

snacks and
beverages

Concern about the
pandemic has caused
consumers to reduce
trips to the store.
Source: Acosta

Walmart saw online
sales grow 74%
during the coronavirus
pandemic.
Source: Walmart

Food entrepreneurs
from nearly 300
brands have provided
healthy snacks and
drinks to healthcare
workers at 47 New
York City hospitals
through Founders Give.

42%
millennials
cooking
more from
scratch
Nearly half of
millennials are
cooking from scratch
more often than
before the crisis.

Source: Founders Give
Source: Information
Resources Inc.

"The world is fundamentally recalibrating right now...
understanding those changes...will be critical as businesses
prioritize how they too recalibrate to meet the changed
circumstances driven by COVID-19."  
Scott McKenzie, intelligence leader, Nielsen

48 |

Culinology | JUNE 2020



Culinology - June 2020

Table of Contents for the Digital Edition of Culinology - June 2020

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