Reopened borders, pent-up demand set to boost spending on travel-related goods

Value gains from organic and specialty yogurts expected to offset falling sales volumes

Recent gains from stay at home pandemic trends expected to taper off

High movement activity among workers to drive gains

Sanitation of office, public spaces to support increases

Rising freight activity offset by drop in business/commute travel, increasing fuel efficiency

Volumes in 2025 set to fall below pandemic-induced lows of 2020, in spite of near-term upticks

High rate of COVID-19 vaccination among elderly to support facility occupancy

Industry set for recovery after pandemic-induced contraction in 2020

Longer term recovery expected as business and recreation travel resume