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Interview, Fireside Chat

How Coronavirus is Changing the Way Food is Bought and Sold

Goldman SachsBen Frost, Liz
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  • Grocery store chains are expected to require a period to realign operations to match new packaging and product distribution channels following shifts in consumer usage.
  • The historical ratio of out-of-home to in-home dining may not fully revert to pre-existing levels even if temporary trends of at-home consumption subside.
  • Long-term trends favoring out-of-home consumption and reducing in-home consumption are projected to shift, irrespective of whether dining behaviors return to previous baselines.
  • Larger food companies plan to prioritize innovation and utilize established supply chains to compete against smaller entrants.