The section is about the diverse segments in retail sector. It encapsulates features on the developments, recent trends, active players and other pertinent details about the sectors. The coverage herein highlights the market response towards the different sectors and consumers’ shopping trends.
Almost 9 in 10 global adults (88 percent) say they are snacking more (46 percent) or the same (42 percent) during the pandemic, says The 2020 State of Snacking Report by Mondelz International and The Harris Poll.
The need to eat healthy food, environmental concerns, convenience, affordability and at the same time trying out something unique are the factors that would drive the growth of the snacking industry in 2020.
The footfall at the physical retail stores is unendingly decreasing due to Covid-19, following the instructions and guidelines from the government, the stores are operating under lockdown and therefore customers are heading towards online purchase more.