Three months of strict lockdown and Americans are gradually beginning to reclaim their lives. However, the spike in new coronavirus cases is derailing all plans. In fact, record-breaking rise in daily infection cases acts as a major setback to economic reopening plans. The United States registered 61,848 new cases on Jul 8.
While the spike in cases is hindering the economic rebooting process, it gives a boost to the packaged food industry as more customers prepare to hoard given the prospects of a resurgence of the virus.
Packaged Food Stock Up to Continue
Since the coronavirus outburst, panic buying and