Report: CPG Sales Could Increase 30% Between March and May — FoodDive.com

A recent study indicates that CPG sales could increase by 30% between March and May:

“The forecast is based on the ‘massive shift in eating patterns’ to more at-home consumption because of quarantine measures put in place during the coronavirus pandemic, Credit Suisse said. The firm said an industry contact told them food at home likely represents 80% of spending on food today compared to 50% typically.”

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