UK food-to-go faces bigger dip but faster recovery
retailanalysis.igd.com Since we released our UK food-to-go market forecasts for 2020-2022* in September, developments have occurred in both the virus path and the economic impact of the pandemic: The UK entered a second round of national lockdowns Advances have been made in vaccine testing and rollout Brexit/EU talks continue But how do these changes affect the outlook for UK food-to-go? Here’s a summary of the findings from our new report UK food-to-go market forecast: Q4 2020 update. Bigger dip but faster recovery The latest national lockdowns will adversely impact food-to-go in Q4 2020 and Q1 2021, however, the potential earlier rollout of a vaccine could mean a faster recovery, and government intervention (e.g. extended furlough) could aid survival for at risk businesses So, although food-to-go sales in both retail and foodservice are likely to be slightly lower than we originally forecast for 2020, these could pick up faster in the second half of 2021 to reac...