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COVID-19 impact on Food Industry

The COVID-19 outbreak has now spread around the world, leaving a trail of destruction in its wake. The pandemic has already changed how we work and how we live our lives. Many of these changes will have long-term implications. Companies in every sector, including food, will need to adopt new technologies and new ways of working as they adapt to these new realities.

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Deal trends in the Food Industry during COVID-19

Just Food’s COVID-19 deal tracker monitors deals that took place across the food industry during the pandemic.

Deals trends in the Food industry: Q1 2020 – Q3 2021

859 Acquisition

Total Value US$m: 109,880.6
YOY Change: -39.9%

775 Venture Financing

Total Value US$m: 11,055.1
YOY Change: 15.4%

402 Equity Offering

Total Value US$m: 48,790.6
YOY Change: -32.8%

308 Debt Offering

Total Value US$m: 126,168
YOY Change: -41.4%

294 Private Equity

Total Value US$m: 25,043.8
YOY Change: -52.2%

209 Asset Transaction

Total Value US$m: 17,723.7
YOY Change: -48.3%

60 Partnership

Total Value US$m: 132.4
YOY Change: -

42 Merger

Total Value US$m: 5,900
YOY Change: -

1 Licensing Agreement

Total Value US$m: NA
YOY Change: -

Innovation in the Food Industry during COVID-19

To best track innovation in response to COVID-19’s impact on the food, Just Food tracks the patent applications, as well as the patent applicants throughout the COVID-19 pandemic.

Number of patents in the Food Industry: 2018 – 2021

The COVID-19 patents tracker in the food monitors the patent applications pre- and post-outbreak.

Note: Application counts are based on publications. Patent applications which are not published yet are not considered for analysis. Publication may take up to 18 months from the application of patents.

Top Patent Applicants in the Food Industry: Pre-COVID-19 (Filing Year 2018 – 2019)

Just Food patent ownership data monitors the patent applicants in the sector before the COVID-19 outbreak.

Top Patent Applicants in the Food Industry: Post-COVID-19 (Filing Year 2020 – 9M 2021)

Just Food patent ownership data monitors the patent applicants in the sector after the COVID-19 outbreak.

Note: Application counts are based on publications. Patent applications which are not published yet are not considered for analysis. Publication may take up to 18 months from the application of patents.

Number of COVID-19 mentions in filings in the Food Industry: Q1 2020 – Q3 2021

Just Food tracks food companies and their annual and quarterly filings. Our analysis monitors the mentions of COVID-19 in those filings during the pandemic.

COVID-19 versus Top 5 Themes in Food Industry

Just Food compares COVID-19 mentions in filings with other top themes in filings data during the pandemic.

Top 10 Food Companies with COVID-19 mentions in filings

Just Food tracks which food companies mention COVID-19 in filings the most during the pandemic.

Jobs insights in the Food Industry during COVID-19

Just Food monitors live food company jobs postings to assess the impact of COVID-19 on the sector.

Job trends in the Food Industry

Jobs postings by food companies after the outbreak. Just Food’s jobs tracker looks at jobs posted, closed and active to assess the impact of the pandemic on sector jobs.

Most active Food Companies: Jobs

Just Food’s jobs tracker lists food companies with the most jobs posted during the COVID-19 period.

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