The FMCG Weekly News July Week 3
Welcome to a series of The FMCG Weekly News
Staying Ahead and Abreast with the Changing Consumer & Shopper behaviour.
At Kantar's Worldpanel Division, we believe behavioural evidence plays a greater role to help us see what is happening; more than ever. Having the clarity of sight allows us to develop or calibrate our growth strategies and responses to them. Our focussed insights reveal what happens to people behaviour whilst staying at home and post lockdown -giving a closer reality which allows us to measure the consequences of future behaviours.
Given the current development of COVID-19 situation, to ensure that you stay on top of what is happening, we would like to provide a more frequent update read on how consumer and shopper behaviours are changing in FMCG market through the series of The FMCG Weekly News.
What do we see so far?
- In the week ending 18th July, FMCG spending still remained at a very high level thanks to a continued demand of stockpiling.
Packaged Foods remained as the biggest sector in terms of value share in the latest week, while Beverages and Personal Care have been adversely impacted since early May.
Minimarket increased in importance, creating a significant gap with other channels in terms of value share amid the wave 4th of COVID-19.
With the recent FMCG performance, together with the assumptions that residential mobility and consumer confidence reduce slightly, and food inflation increases slightly, FMCG is forecasted to grow high in Q3, slow down in Q4 and reach +2.3% in 2021.
For more details, we invite you to have a look at the update of July Week 3 of the FMCG Weekly News 2021 by downloading the report on the right side of this page.
If you have further queries looking into your category on a weekly basis and/or in periods of time, please feel free to contact any of your existing client service team who will be able to assist or contact us.
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