May 4, 2020

COVID-19’s Impact on the Food Industry

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During these uncertain times one thing is for sure – the food industry is being impacted by the coronavirus pandemic. But, adding to the uncertainty is wondering how exactly the industry is being impacted, how long the impacts will last, when things will go back to normal, and if there will be a new normal when that time comes. While no one can predict the future, we’ve rounded up the latest on how COVID-19 is impacting the food industry and the lasting impacts the experts are expecting.

The Current COVID-19 Consumer Effects

As a food manufacturer, whether you distribute to grocery stores, food service establishments, or direct to consumer, you’re supplying based on your consumers demands. In a perfect world, you’d be able to predict your consumer’s demand but with a pandemic going on, the world is far from perfect and consumer demand hasn’t exactly been predictable. And, where demand can now be predicted, your supply chain has become less dependable.

Changes in Consumer Behavior/Demand

The Supply Chain Effects

Future Predictions of COVID-19’s Effects on the  Food Industry

With new consumer demands, a major switch from foodservice focus to retail, supply chain disruptions and more, you’re likely asking yourself, “What’s next?” or “When will things go back to normal?” While no one can say with 100% certainty, here’s a roundup of the experts’ predictions of what’s to come for the food industry:

With so much uncertainty in the world and on the horizon for food manufacturers, we want to help the best way we know how: by providing you with software that understands your industry and will help you build the business you’ve always wanted. If you have the resources and are struggling with your current system(s), book a free NorthScope demo today to see how we can help you succeed.