Investigating the Impacts of COVID-19 on the Food Industry

Abstract

The COVID-19 pandemic has impacted positively and negatively a variety of industries, including the food industry [1-3]. Meanwhile, the food industry is more affected by this disease compared to other industries because of its wide relationship with the household and the community. Various places, such as restaurants, coffee shops, hotels, and schools were either closed during this period or did not provide services same as in the past. As a result, many blows were inflicted on such industries. The demand for food by households decreased during this period and caused a part of the food market to be lost [4]. Global average prices for a variety of food products increased by 2% to 9% with half of the tracked goods rising by 7% or more [5].

Keywords

• covid-19
• food industry
• pandemic
• economics