March 9, 2020 — In the wake of coronavirus-related cases and mortalities increasing in the United States, Americans are already staying home more and eating out less.
Reports of “panic buying” hand sanitizers, toilet paper, cold and flu medicines, and other products are prolific. Many Americans have shifted to buying non-perishable foods to stock their pantries (such as fruit snacks and oat milk, according to Nielsen) – a move that bodes well for canned and shelf-stable seafood suppliers.