Category: Food & Beverage
Food & Beverage market research reports by Euromonitor International
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Staple Foods in South Korea
Staple Foods in South Korea Staple foods in South Korea is set to experience little movement across most categories in 2024, due to the impact of rising raw materials prices stemming from climate change and supply chain issues. Elevated inflation rates are expected to result in a slight upward trend ... Read More
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Cooking Ingredients and Meals in Australia
Cooking Ingredients and Meals in Australia In 2024, cooking ingredients and meals in Australia is experiencing solid retail volume growth as consumers focus on preparing meals at home. With the high cost of living and tightened consumer budgets, many Australians are turning to home cooking as a more ... Read More
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Rice, Pasta and Noodles in Australia
Rice, Pasta and Noodles in Australia Retail demand for rice, pasta and noodles in Australia continues to strongly grow in 2024. This growth is largely attributed to the ongoing financial pressure on local consumers, leading to more frequent home cooking as a cost-saving measure. A significant shift ... Read More
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Edible Oils in Australia
Edible Oils in Australia In 2024, value sales of edible oils in Australia are experiencing strong growth, primarily driven by the significant unit price increase of olive oil. This type of edible oil has long been regarded as a healthy choice among Australian consumers, and its consistent rise in pr ... Read More
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Sweet Spreads in Austria
Sweet Spreads in Austria Sweet spreads in Austria reported a slight increase in volume sales over 2024. Price increases have slowed in line with the lower rate of inflation although they continue to rise. Overall, sweet spreads are perceived as less essential than, say, edible oils or cooking sauces ... Read More
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Cooking Ingredients and Meals in Azerbaijan
Cooking Ingredients and Meals in Azerbaijan In 2024, it is expected to be a positive picture for cooking ingredients and meals in Azerbaijan, with a healthy increase in both current value and volume sales. This performance is due to several factors, including the essentialness of cooking ingredients ... Read More
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Cooking Ingredients and Meals in Belgium
Cooking Ingredients and Meals in Belgium In 2024, cooking ingredients and meals in Belgium recorded a slight uplift in retail value sales while retail volume sales remained stagnant. Following inflation and a strong uplift in prices during 2023, price stabilisation aided retail volume sales to stabi ... Read More
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Cooking Ingredients and Meals in Austria
Cooking Ingredients and Meals in Austria Consumer demand for cooking ingredients and meals picked up in Austria during 2024. Retail volume sales enjoyed growth for the first year since the pandemic boost seen in 2020. Price increases have slowed considerably compared to the steep price hikes of cook ... Read More
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Sweet Spreads in Australia
Sweet Spreads in Australia In 2024, sweet spreads in Australia is experiencing low retail volume growth of 1%, but higher value growth of 5%. The category is not particularly benefiting from the trend of greater meal preparation at home, largely because Australians are becoming more mindful of their ... Read More
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Sauces, Dips and Condiments in Azerbaijan
Sauces, Dips and Condiments in Azerbaijan Overall, sauces, dips and condiments in Azerbaijan is expected to register muted volumed growth in 2024, in what is a mature product area. Pickled products continue to be by far the most important product in terms of value sales, though volume growth is expe ... Read More
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Meals and Soups in Argentina
Meals and Soups in Argentina In Argentina, soup continues to face declining volume sales in 2024 for two key reasons. First, packaged soup is more expensive than home-made options, and with the economic crisis deepening consumers have chosen to economise by making soup at home. Second, soup is consi ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Australia
Processed Meat, Seafood and Alternatives To Meat in Australia Following on from the previous year’s trend, the average unit price of processed meat, seafood and alternatives to meat in Australia continues to rise, driving up value sales. Nevertheless, retail volumes are also rising, primarily due to ... Read More
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Baked Goods in Hong Kong, China
Baked Goods in Hong Kong, China Retail demand for baked goods in Hong Kong continues to fall, as the category faces growing pressure from the ""travelling north"" trend, whereby local residents are increasingly interested in affordable shopping and dining experiences in cities located in the Greater ... Read More
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Sweet Spreads in Hong Kong, China
Sweet Spreads in Hong Kong, China Retail volume sales of overall sweet spreads in Hong Kong are only marginally declining, due to greater mobility outside of the home, resulting in ongoing dynamic growth for the foodservice channel. Eating breakfast at home has become less common in Hong Kong due to ... Read More
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Butter and Spreads in Brazil
Butter and Spreads in Brazil Brazil has been experiencing the impacts of strong natural phenomena since 2022, with La Ninã and El Niño manifesting opposite effects across the country. While the former brought heavy rains to the southeast and drought to the south, the latter, which started in 2023, a ... Read More
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Meals and Soups in the US
Meals and Soups in the US While global supply chain woes largely stabilised from the chaos of 2022, US consumer retail value spending on meals and soups saw only minor growth in 2023. Even as real wages started seeing continuous positive growth in early 2023, which has continued through 2024, the sh ... Read More
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Other Dairy in Brazil
Other Dairy in Brazil The low availability of raw milk and difficulties in the supply chain of dairy products, especially in the wake of El Niño, has led to high and rising prices across other dairy. Companies have developed alternatives to bypass final prices hikes by launching mixed dairy products ... Read More
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Cooking Ingredients and Meals in South Korea
Cooking Ingredients and Meals in South Korea In 2024, as in 2023, cooking ingredients and meals in South Korea is set to maintain low retail volume growth and stronger retail current value growth. In 2023, there were surges in raw materials prices for cooking ingredients and meals in South Korea, pr ... Read More
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Edible Oils in Hong Kong, China
Edible Oils in Hong Kong, China Compared to 2023, retail demand for edible oils in Hong Kong is decreasing, while the category is recording low single-digit retail value growth. The latter is being driven by further price increases, due to stagnating global palm oil production, which is reflected in ... Read More
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Edible Oils in South Korea
Edible Oils in South Korea In 2024, some of the leading producers of edible oils have been lowering product prices since the beginning of the year, in response to the falling international prices of major oils, and government requests for price stabilisation. Raw palm oil prices have been consistent ... Read More
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Sweet Spreads in South Korea
Sweet Spreads in South Korea Sweet spreads is set to see a slight retail volume decline in South Korea in 2024, along with solid retail current value growth. Like other packaged food categories, jams and preserves is also adapting to the demand for low sugar and low calorie options. Consequently, co ... Read More
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Meals and Soups in Hong Kong, China
Meals and Soups in Hong Kong, China Although retail demand for meals and soups in Hong Kong remains above pre-pandemic levels in 2024, the category is a weak performer, with marginal decline in retail volumes and low single-digit value growth. The overall demand for meals and soups is undynamic due ... Read More
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Drinking Milk Products in Brazil
Drinking Milk Products in Brazil In the first quarter of 2024, Rio Grande do Sul, the southernmost state of Brazil, saw one of the biggest natural disasters in the history of the country. The state experienced heavy rain and flooding, leaving most municipalities underwater, and many thousands of hou ... Read More
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Plant-Based Dairy in Brazil
Plant-Based Dairy in Brazil Less mature plant-based dairy categories in Brazil, such as other plant-based milk, and plant-based cheese, have experienced rapid growth in recent years, driven by a confluence of factors. Increasing consumer awareness of the environmental, health, and ethical benefits o ... Read More
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Baby Food in Brazil
Baby Food in Brazil Baby food is set to maintain solid retail current value growth in Brazil in 2024, with milk formula continuing to account for the highest share of sales. Despite ongoing discussions about the benefits of breastfeeding, milk formula maintains its relevance in the Brazilian market, ... Read More
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