Category: Food
Food market research reports by Euromonitor International
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Cooking Ingredients and Meals in China
Cooking Ingredients and Meals in China In 2023, cooking ingredients and meals in China experienced a retail current value decline; this was primarily due to the lifting of COVID-19 lockdown policies, which resulted in consumers returning to dining out, therefore having a negative impact on retail sa ... Read More
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Cooking Ingredients and Meals in Sweden
Cooking Ingredients and Meals in Sweden Cooking ingredients and meals in Sweden registered a solid performance in 2024, with retail volume growth picking up slightly year on year. Unit price growth was still evident following the recent inflationary period, although price increases were generally le ... Read More
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Meals and Soups in Austria
Meals and Soups in Austria In 2024, meals and soups is the stand-out performer in Austria’s cooking ingredients and meals. The category registered moderate current value growth and solid volume growth in 2024 reflecting the strong consumer demand for meals and soups and rising average unit prices. I ... Read More
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Breakfast Cereals in Hong Kong, China
Breakfast Cereals in Hong Kong, China Retail volume sales of breakfast cereals in Hong Kong remain flat in 2024, but above pre-pandemic levels. Local consumers are increasingly aware of following a healthy diet, and thus are focusing more on what they choose for breakfast. Although some breakfast ce ... Read More
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Sauces, Dips and Condiments in Australia
Sauces, Dips and Condiments in Australia As consumers continue to prepare more frequent meals at home in 2024, there is a noticeable increase in demand for sauces, dips and condiments in Australia. This trend is particularly influencing demand for cooking and table sauces, herbs and spices, and past ... Read More
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Processed Fruit and Vegetables in Hong Kong, China
Processed Fruit and Vegetables in Hong Kong, China Retail volume sales of processed fruit and vegetables in Hong Kong are gradually stabilising to return to pre-pandemic levels following a period of higher demand during home seclusion. Local consumers are now generally engaged in more frequent activ ... Read More
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Sweet Spreads in Azerbaijan
Sweet Spreads in Azerbaijan Overall, sweet spreads in Azerbaijan is expected to register healthy current value and volume growth in 2024. Jams and preserves continue to be the most popular sweet spread by far and is also expected to register the highest volume growth. Among the most popular flavours ... Read More
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Edible Oils in Argentina
Edible Oils in Argentina Following several years of double-digit growth, retail volume sales of edible oils witnessed a sharp contraction in 2024 as Argentina’s economy fell into recession. Rising unemployment together with the decrease in purchasing power, has led consumers to reuse edible oils mor ... Read More
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Edible Oils in Azerbaijan
Edible Oils in Azerbaijan Sunflower oil continues to dominate value and volume sales of edible oils in Azerbaijan in 2024 and is expected to register the highest value and volume growth. When the war broke out in nearby Ukraine in 2022, there was disruptions to supplies, as Ukraine is one of the lar ... Read More
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Breakfast Cereals in South Korea
Breakfast Cereals in South Korea With consumers having increasingly busy mornings, the traditional breakfast staple in South Korea, breakfast cereals, has been seeing declines in retail volume sales, and this is set to continue in 2024, although current value sales are expected to maintain growth. M ... Read More
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Meals and Soups in Belgium
Meals and Soups in Belgium Two significant yet contrasting trends shaped the performance of meals and soups in Belgium in 2024. On one side, high prices and pressure on purchasing power have led to an increase in home cooking, with consumers keen to keep costs as low as possible, purchasing items su ... Read More
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Sauces, Dips and Condiments in Belgium
Sauces, Dips and Condiments in Belgium Inflation, climbing price points and pressure on purchasing power led to the rise of the home cooking trend in Belgium in 2024. Home cooking is seen as a cost-effective solution during a time when prices on pre-cooked items, ready meals and products have risen. ... Read More
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Sweet Spreads in Argentina
Sweet Spreads in Argentina Sweet spreads in Argentina saw retail volume sales decline for a third consecutive year in 2024. The strong devaluation of the Argentinean peso combined with price inflation led to a downturn in demand, notably in the largest category of jams and preserves. In 2023, the co ... Read More
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Cooking Ingredients and Meals in Argentina
Cooking Ingredients and Meals in Argentina Retail volume sales of cooking ingredients and meals contracted in 2024 as Argentina’s economic crisis intensified, with inflation reaching triple digits and the country entering recession. Weaker purchasing power primarily affected non-essential categories ... Read More
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Cooking Ingredients and Meals in Bangladesh
Cooking Ingredients and Meals in Bangladesh Cooking ingredients and meals in Bangladesh in 2024 is marked by price increases, which have impacted sales performance. Some consumers are boycotting Indian brands, while lower-priced local brands are also benefiting from consumers watching their spending ... Read More
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Staple Foods in Hong Kong, China
Staple Foods in Hong Kong, China In 2024, retail volume sales of staple foods in Hong Kong continue to fall, while value sales are only recording marginal growth. The shift in consumer behaviour towards dining out and travelling abroad continues to negatively impact demand. Additionally, the rising ... Read More
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Sauces, Dips and Condiments in Austria
Sauces, Dips and Condiments in Austria Sauces, dips and condiments continue to account for the largest share of value sales within cooking ingredients and meals in Austria. The category registered a solid performance in retail volume and current value sales over 2024. Price increases continued in 20 ... Read More
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Sauces, Dips and Condiments in Argentina
Sauces, Dips and Condiments in Argentina Soaring inflation in Argentina has led to a decline in volume sales of sauces, dips and condiments over 2024. Affordability has shaped demand patterns, with more consumers opting to cook at home more frequently than normal. Given the stronger focus on home co ... Read More
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Meals and Soups in Australia
Meals and Soups in Australia Despite a rise in the average unit price, retail demand for meals and soups in Australia continues to grow across the category, with chilled ready meals, food kits, and prepared salads particularly strong performers. Local consumers are reducing visits to foodservice to ... Read More
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Rice, Pasta and Noodles in South Korea
Rice, Pasta and Noodles in South Korea Rice, pasta and noodles in South Korea is set to see fairly stable retail volume sales in 2024, while retail current value sales are expected to continue to rise. Retail volume sales of instant noodles are also expected to remain flat in 2024, continuing the tr ... Read More
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Processed Fruit and Vegetables in South Korea
Processed Fruit and Vegetables in South Korea Processed fruit and vegetables in South Korea is expected to see negligible retail volume growth and slightly stronger current value growth in 2024. However, performances are set to vary across categories. Due to macroeconomic factors such as domestic an ... Read More
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Rice, Pasta and Noodles in Hong Kong, China
Rice, Pasta and Noodles in Hong Kong, China Retail volume sales of rice, pasta and noodles in Hong Kong continue to marginally decline, taking them below pre-pandemic levels in 2024. As an increasing number of consumers choose to eat out in restaurants rather than preparing meals at home, the demand ... Read More
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Processed Meat, Seafood and Alternatives To Meat in South Korea
Processed Meat, Seafood and Alternatives To Meat in South Korea Overall processed meat, seafood and alternatives to meat in South Korea is expected to see minimal growth in retail volume terms, and a stronger increase in retail current value terms in 2024. However, growth is not expected across all ... Read More
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Edible Oils in Belgium
Edible Oils in Belgium Olive oil has traditional been a key part of eating habits in Belgium, forming the base of cooking, enhancing grilled vegetable salads and adding finesse to cooked dishes. However, production chain disruption in Spain and Greece throughout 2023 and 2024 led to heightened price ... Read More
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Meals and Soups in Azerbaijan
Meals and Soups in Azerbaijan Overall, meals and soup is expected to register modest volume growth in Azerbaijan in 2024. Though still niche, pizza, and in particular frozen pizza, is expected to register the highest current value and volume growth. This growth is being supported by an expanding off ... Read More
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