Research By Markets adds Market Research Report - COVID-19 Impact on Mondelez International, H2 2020 Update
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COVID-19 Impact on Mondelez International, H2 2020 Update
COVID-19 Impact on Mondelez International, H2 2020 Update key findings as of September 17th, 2020 based on market analysis and brand diversification by industry and geography
COVID-19-induced changes in consumer behavior and growing at-home consumption will prove to be beneficial for MondelÄ”z’s core business in food sectors, which will more than compensate for the decline in out-of-home consumption as well as lower demand in other industries such as non-alcoholic beverages and baby care products in 2020. In addition, the company is working towards keeping its business intact during the pandemic outbreak by hiring more employees.
– MondelÄ”z’s presence in the food industry will help mitigate the impact of the pandemic on brand sales
– Food business to assist MondelÄ”z weather-off the impact of COVID-19
– Diversification in MondelÄ”z International’s food business will help overcome losses in indulgent categories
– Soft drinks sector sales in Latin America and Asia will bear adverse impact of the pandemic
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