Category: Food & Beverage
Food & Beverage market research reports by Euromonitor International
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RTD Tea in Finland
RTD Tea in Finland In Finland, RTD tea traditionally offers iced tea products in various flavours. However, as consumer tastes evolve, innovations in 2024 have gone beyond traditional flavours, with brands focusing on convenience, functional benefits, and premium ingredients to meet the demands of m ... Read More
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Energy Drinks in Bulgaria
Energy Drinks in Bulgaria In 2024, the demand for energy drinks in Bulgaria was affected by pressures on consumer spending power and related cautious consumption behaviour. This impacted purchases of perceived non-essential goods like energy drinks. Therefore, off- and on-trade volume growth rates w ... Read More
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RTD Tea in Italy
RTD Tea in Italy RTD tea saw a significant decline in off-trade volume terms in 2023, driven by price increases and pressure on purchasing power. In 2024, prices stabilised and this helped provide a boost to off-trade volume sales of RTD tea with sales also benefiting from the relatively healthy and ... Read More
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Carbonates in Australia
Carbonates in Australia Off-trade demand for carbonates in Australia is improving as inflation eases in 2024, resulting in greater consumer confidence. The Consumer Price Index growth slowed to 3.8% in June, a notable decrease from its peak of 7.8% in December 2022. This inflationary decline has boo ... Read More
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HW Soft Drinks in South Africa
HW Soft Drinks in South Africa As consumers seek permissible indulgence amid the cost-of-living crisis in South Africa, soft drinks with various health and wellness claims continue to perform well in the local market. These beverages provide consumers with accessible and affordable treats while also ... Read More
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Energy Drinks in Australia
Energy Drinks in Australia Demand for energy drinks in Australia continues to rise in 2024, driven by increasing health-consciousness, especially among younger consumers seeking functional, reduced sugar options, and natural ingredients that support active, balanced lifestyles. Generation Z and mill ... Read More
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RTD Coffee in Australia
RTD Coffee in Australia RTD coffee in Australia is experiencing substantial growth in both off-trade volume and value terms, propelled by increased consumer mobility and the demand for convenient, grab-and-go beverages. Additionally, rising coffee prices in the on-trade channel have shifted consumer ... Read More
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Tea in Turkey
Tea in Turkey In 2024, retail sales of tea in Turkey experienced moderate volume growth. Black tea is the national drink in Turkey and thus it is a mature category with somewhat limited scope for strong growth. Despite this, sales continued to rise in tandem with population growth and the concerted ... Read More
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Soft Drinks in Bulgaria
Soft Drinks in Bulgaria In off- and on-trade terms, current value growth exceeded volume growth across soft drinks in Bulgaria in 2024. While differentials in growth terms were slower than in 2023 as the rate of inflation and price rises slowed, unit prices increments remained significant amid highe ... Read More
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Packaging Industry in Spain
Packaging Industry in Spain Spain's packaging market is evolving, driven by overarching trends that prioritise practicality, cost-efficiency and sustainability. Across industries such as beverages, packaged food and pet food larger pack sizes have gained traction as they offer better value for money ... Read More
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Soft Drinks in Australia
Soft Drinks in Australia According to the Australian Bureau of Statistics, the Consumer Price Index recorded a growth rate of 3.8% in June 2024, a significant slowdown from its peak of 7.8% in December 2022. This easing of inflation has positively impacted demand for soft drinks in Australia, contri ... Read More
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Soft Drinks in Italy
Soft Drinks in Italy Price spikes in 2023 had a negative effect on off-trade volume sales of soft drinks, but the category saw a slight recovery in 2024 as prices stabilised which boosted demand. Nonetheless, growth was modest with several factors contributing to the relatively stagnant performance ... Read More
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Bottled Water in the Philippines
Bottled Water in the Philippines Bottled water has emerged as one of the most dynamic segments within the soft drinks market in the Philippines.. Consumers are showing an increasing concern over the quality of tap water, which is largely perceived as being unsafe to drink. Indeed, with increasing ur ... Read More
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Rice, Pasta and Noodles in Singapore
Rice, Pasta and Noodles in Singapore Retail value sales of rice, pasta and noodles are set to rise in current terms in Singapore in 2024. Rice is expected to see the strongest growth in both retail volume and value terms during the year as rice is a main staple for Singaporeans when cooking at home. ... Read More
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HW Snacks in South Africa
HW Snacks in South Africa While health and wellness is not generally top-of-mind for many consumers in South Africa, post-pandemic, many of them are now more aware of healthy eating. Consumers, especially those with higher incomes, can afford healthier snacks accompanied by various claims, including ... Read More
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Asian Speciality Drinks in Australia
Asian Speciality Drinks in Australia Asian speciality drinks in Australia, including jelly beverages such as grass jelly, sugar cane drinks, and lactic acid beverages, continue to occupy a niche space in local soft drinks. However, consumer interest is gradually growing, driven by the expansion of t ... Read More
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Baked Goods in Singapore
Baked Goods in Singapore Baked goods is expected to see continued growth in retail volume sales in Singapore in 2024, though the rate of growth is set to slow as the category starts to normalise. The growth in the unit price of baked goods has begun to slow down in 2024, with the category having pre ... Read More
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HW Hot Drinks in South Africa
HW Hot Drinks in South Africa Hot drink innovations in South Africa are primarily focused on new offerings addressing consumer demand for non-animal products, including healthy plant-based alternatives, across chocolate-based, malt-based and other plant-based drinks. While the vegetarian claim in ho ... Read More
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Juice in Saudi Arabia
Juice in Saudi Arabia While Saudi Arabia's hot climate continues to drive a strong demand for juice, 2024 has seen a varied performance across different segments, largely influenced by a growing national focus on health and wellness. As part of its Vision 2030 strategy, the Kingdom is prioritising h ... Read More
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Carbonates in the Philippines
Carbonates in the Philippines Following the economic challenges of the previous year, the carbonates market in the Philippines is poised for accelerated volume growth in 2024. The intense competition between Coca-Cola Beverages Philippines Inc. and Pepsi-Cola Products Philippines Inc. has benefitted ... Read More
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Bottled Water in Saudi Arabia
Bottled Water in Saudi Arabia Bottled water remains the largest category within soft drinks in Saudi Arabia. While tap water in the Kingdom is generally considered safe to drink, many people still prefer bottled water, primarily due to taste preferences and concerns over the quality of tap water. Th ... Read More
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Processed Fruit and Vegetables in Malaysia
Processed Fruit and Vegetables in Malaysia The continued recovery of the foodservice industry in 2024 had a positive impact on processed fruit and vegetables in Malaysia. Indeed, foodservice volumes significantly outperformed their retail counterparts, thanks to a return to out-of-home lifestyles an ... Read More
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RTD Coffee in Finland
RTD Coffee in Finland RTD coffee in Finland has strong room for growth, particularly among younger consumers who value the convenience of coffee on-the-go. This demographic often seeks quick and portable coffee options and is increasingly drawn to value-added features, such as health and wellness be ... Read More
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Bottled Water in Italy
Bottled Water in Italy Sales of bottled water declined in off-trade volume terms in 2023 which was largely due to inflationary pressures which resulted in significant price increases. Prices stabilised in 2024 which provided a boost to sales of bottled water. Additionally, the category also benefite ... Read More
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Carbonates in Saudi Arabia
Carbonates in Saudi Arabia The hot climate in Saudi Arabia continues to drive strong sales of carbonated beverages. The Kingdom's dry desert climate, combined with soaring temperatures, particularly in the summer months, leads many consumers to seek cold drinks, particularly carbonates, as a way to ... Read More
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