The sales of Kesko Group’s continuing operations in June 2020 totalled €1,023.3 million, representing an increase of 10.1%. In comparable terms, sales grew by 12.6%.
In K Group’s Food Trends 2019 survey, which was carried out last autumn, conscientious consumption was already the biggest trend affecting food purchases in Finland.
"This trend is here to stay: we expect conscientious consumption to be a major factor in purchasing decisions also in 2020," states Heidi Jungar, Customer Insight Director for K Group’s grocery trade division.
"In food stores, this is reflected in the increased popularity of local and ethical foods as well as in environmentally friendly choices. In addition, we believe that climate awareness will start to become more tangible in 2020. Consumers want more information on the climate impact of their grocery shopping and make choices with the climate in mind. For example, Baltic herring is an inexpensive and climate-friendly alternative that we expect to grow in popularity next year," says Jungar.
Besides climate awareness, one of the food trends of the year 2020 will be new vegetarian options, which will emerge as the boom for vegetarian food continues. The most interesting product novelties will be seen in vegan convenience foods.
According to K Group's experts, wellbeing is already part of many people's daily lives. In contrast, within this trend, tailored wellbeing is rapidly growing.
"Gluten-free, dairy-free, sugar-reduced products and white sugar-free delicacies are just the beginning of the customised diet trend. This trend is reflected in consumers' shopping baskets as a variety of tailored choices made with wellbeing in mind. On the other hand, at its simplest, it can mean that consumers switch more often to vegetables or fish as the main ingredient in their meal," says Jungar.
How the year 2020 will be reflected in Finnish shopping baskets:
Read the full report here.
Heidi Jungar, Customer Insight Director, K Group’s grocery trade division, tel. +358 40 535 8524
K Group media desk (Mon–Fri 8–16), tel. +358 105 350 200, firstname.lastname@example.org
K-food retailers guarantee customer satisfaction at K-food stores, and Kesko's grocery trade works with these retailers under the chain business model. The K-food store chains are K-Citymarket, K-Supermarket, K-Market and Neste K. K-food stores are the most sustainable in the world. Their strengths also include superior fresh food departments, professional service, diverse and high-quality selections, Finnish products, and own brand Pirkka products. K-food stores provide both high quality and affordable prices.