Category: Food & Beverage
Food & Beverage market research reports by Euromonitor International
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Staple Foods in Croatia
Staple Foods in Croatia In 2024, Croatia’s staple foods market is experiencing significant changes, driven by both economic factors and a thriving tourism industry. As the country welcomes more tourists than in 2023, the demand for food and basic goods has surged in the year. According to Eurostat, ... Read More
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RTD Coffee in New Zealand
RTD Coffee in New Zealand While inflation in New Zealand has slowed to 2% in 2024, aligning with the Reserve Bank of New Zealand’s target range of 1-3%, high inflation from the past two years continues to affect consumer discretionary spending through sustained high interest rates. Despite a reducti ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Croatia
Processed Meat, Seafood and Alternatives To Meat in Croatia In 2024, increasing price-sensitivity amongst Croatian consumers due to rising food costs and inflation is changing consumption patterns of processed meat. Many households are moving away from more expensive meats like veal and lamb, opting ... Read More
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Concentrates in Azerbaijan
Concentrates in Azerbaijan Liquid concentrates are experiencing a decline in 2024, primarily due to their underdeveloped status within Azerbaijan and the increasing variety of ready-to-drink (RTD) alternatives. Unlike other soft drinks categories, concentrates have failed to gain significant tractio ... Read More
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Juice in Belgium
Juice in Belgium The juice landscape in Belgium continued to experience a rapid decline, driven by significant price increases. One of the primary challenges is the shortage of oranges caused by diseases, destroyed crops, and a lack of buffer stock, which has led to substantial inflation. Although m ... Read More
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Rice, Pasta and Noodles in Kenya
Rice, Pasta and Noodles in Kenya In 2024, the rice, pasta and noodles category overall is witnessing double-digit current value growth due to price increases as inflation has driven up the cost of raw materials and transportation. Companies have responded by introducing more affordable options and s ... Read More
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Staple Foods in Algeria
Staple Foods in Algeria It is expected to be a modest performance for staple foods in Algeria in 2024. With inflation continuing to be an issue, there is expected to be moderate constant value and volume growth, and with similar growth across all segments. That being said, inflation is on a downward ... Read More
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Staple Foods in Kenya
Staple Foods in Kenya Inflation has significantly impacted Kenya’s staple foods market in 2024 . The rising cost of raw materials such as wheat, transportation and packaging, as well as fluctuating foreign exchange rates have driven up production costs. Njoro Canning Factory Ltd , owner of Golden Va ... Read More
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Cooking Ingredients and Meals in Malaysia
Cooking Ingredients and Meals in Malaysia Cooking ingredients and meals is set to see retail sales grow in both volume and value terms in Malaysia in 2024. Retail volume sales of edible oils are expected to improve as the rise in the price of raw materials for products such as palm oil has stabilise ... Read More
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Soft Drinks in Azerbaijan
Soft Drinks in Azerbaijan In 2024, soft drinks in Azerbaijan continued to show positive dynamics, supported by a slowdown in unit price growth. This development made soft drinks more appealing to consumers. Unlike in many Central Asian countries, where rising unit prices have spurred heavy reliance ... Read More
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Soft Drinks in Belgium
Soft Drinks in Belgium In 2024, the soft drinks landscape in Belgium experienced a decline in retail volume as consumers increasingly prioritised health, with the aim of reducing their overall consumption. However, some of these beverages appealed as affordable indulgences. Consequently, the transit ... Read More
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Sports Drinks in New Zealand
Sports Drinks in New Zealand With New Zealand enveloped in a cost-of-living crisis in 2024, household budgets have come under considerable strain. Although the high inflation rates seen over the past two years have started to ease, they remain notably elevated compared to pre-COVID levels. Many othe ... Read More
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Bottled Water in Argentina
Bottled Water in Argentina Amid the ongoing economic downturn, bottled water, which accounts for a significant share of soft drink sales in Argentina, has registered a sharp decline in sales in 2024. The economic crisis has notably impacted middle and low-income households, leading to a substantial ... Read More
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Breakfast Cereals in Cameroon
Breakfast Cereals in Cameroon Following modest growth in 2023, breakfast cereals in Cameroon is set to register a decline in retail volume terms in 2024. Demand has been depressed by recent price hikes imposed to offset rising raw material costs on global markets amidst ongoing supply chain disrupti ... Read More
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Breakfast Cereals in Finland
Breakfast Cereals in Finland Breakfast cereals faced ongoing maturity in Finland in 2024. While it is a challenge to boost volume sales, current value sales tend to be driven by new product development. A key strategy is to combine many trends and needs into one product. For example, the newly launc ... Read More
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Other Hot Drinks in New Zealand
Other Hot Drinks in New Zealand New Zealand’s hospitality sector has faced considerable challenges in 2024, significantly impacting hot drinks sales in cafés and restaurants. With consumers increasingly mindful of their budgets amid rising living costs and economic uncertainty, many are cutting back ... Read More
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Edible Oils in Malaysia
Edible Oils in Malaysia Edible oils is set to see modest current value growth in Malaysia in 2024. The increase in the unit selling price of edible oils has decelerated, especially for palm oil and sunflower oil, which has helped to boost volumes, particularly as budget conscious consumers are cooki ... Read More
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Sports Drinks in Egypt
Sports Drinks in Egypt In 2024, sports drinks recorded a significant decline, with a retail volume fall of 24%. This decline was the result of the slow supply of the product, which led to empty shelves. Over the review period, sports drinks were one of the categories most negatively impacted by the ... Read More
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Processed Fruit and Vegetables in Croatia
Processed Fruit and Vegetables in Croatia A key trend in the processed fruit and vegetables market in Croatia is the growing tendency of consumers to stock up on products, especially when prices are reduced. As economic pressures and frequent price increases continue to impact household budgets in t ... Read More
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RTD Coffee in Denmark
RTD Coffee in Denmark In 2024, RTD iced coffee sales continued to perform well, driven by a broader selection of variants and increased availability in different pack sizes. This expansion has made the product more accessible and appealing to a wider range of consumers, offering choices to suit vari ... Read More
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Fishing in Italy: ISIC 5
Fishing in Italy: ISIC 5 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Fishing: ISIC 5 market at a national level. It provides the latest retail sales data, allowing ... Read More
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Tea in the United Arab Emirates
Tea in the United Arab Emirates Retail volume sales of tea in the United Arab Emirates continue to rise in 2024, although certain trends are influencing demand. Busy lifestyles in the United Arab Emirates, combined with the high purchasing power of much of the population, is encouraging consumers to ... Read More
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Breakfast Cereals in Turkey
Breakfast Cereals in Turkey In 2024, private label products were increasingly capturing market share in breakfast cereal, largely due to the significant price difference compared to branded options. As many households face reduced disposable income, value for money has become a top priority for shop ... Read More
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Baked Goods in the United Arab Emirates
Baked Goods in the United Arab Emirates The demand for baked goods is steadily increasing in the United Arab Emirates, fuelled by the latter’s strong tourism sector and diverse, multicultural population. Beyond tourism, the diverse population of the United Arab Emirates — comprised of people from va ... Read More
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Tea in France
Tea in France Tea remains in a negative volume slump in retail terms in France in 2024, while value is better supported by high prices and foodservice also fares better. That said, we should also note that, whilst tea is consumed in foodservice, it is not as widespread as coffee throughout the café ... Read More