30 Apr 2020 --- While out-of-home channels have taken a battering by the coronavirus pandemic, the at-home market is boosted by legions of locked down home workers and families turning to snacking. These trends are benefiting the likes of Mondelēz International and PepsiCo, which have both seen strong growth in the snacking segment, resulting from the blurring of meal occasions. Indulgent snacks such as chips, popcorn, cheese and bakery products are particularly popular. Meanwhile in Asia, snacking has taken what analysts call a “short-term hit,” as consumers are prioritizing staples over more high-end and festive snacks.
