Category: Food
Food market research reports by Euromonitor International
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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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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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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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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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Sauces, Dips and Condiments in South Africa
Sauces, Dips and Condiments in South Africa Retail demand for sauces, dips and condiments in South Africa continues to fall in 2024, driven by challenges for sauces, the dominant value category. However, there is some discrepancy, as demand for recipe sauces, particularly dry recipe sauces used to p ... Read More
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Meals and Soups in South Africa
Meals and Soups in South Africa Retail demand for meals and soups in South Africa continues to rise in 2024 in line with review period trends. Demand for meals and soups is being supported by the convenience of these meal solutions, especially during loadshedding periods. Certain consumers, especial ... Read More
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Edible Oils in the US
Edible Oils in the US Although not as high as in 2022, inflationary pressures persisted in edible oils in the US in 2023, and this has continued in 2024, influenced by a complex interplay of various headwinds, including geopolitical conflicts, climate change, and rising energy costs. For example, th ... Read More
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Edible Oils in South Africa
Edible Oils in South Africa Retail volume sales of edible oils in South Africa continue to fall in 2024, albeit at a much slower pace compared to the previous year, as consumers continue to return to foodservice – demand for edible oils through the latter channel continues to rise in line with great ... Read More
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Sauces, Dips and Condiments in Hong Kong, China
Sauces, Dips and Condiments in Hong Kong, China Retail volume sales of sauces, dips and condiments in Hong Kong remain flat and below pre-pandemic levels. Weak demand is being driven by several factors, including greater mobility outside of the home, with many busy consumers preferring to dine out i ... Read More
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Sauces, Dips and Condiments in South Korea
Sauces, Dips and Condiments in South Korea The current health-related trends have driven innovation in low sugar and low calorie products across packaged food in South Korea, also impacting sauces, dips and condiments. Most sauces brands are now targeting health-conscious consumers by emphasising ke ... Read More
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Sweet Spreads in South Africa
Sweet Spreads in South Africa Retail volume sales of sweet spreads in South Africa continue to rise in 2024, mainly driven by the most popular type, nut and seed based spreads. However, overall volume growth of sweet spreads is low due to economic pressures. Many South Africans continue to struggle ... Read More
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Yoghurt and Sour Milk Products in Brazil
Yoghurt and Sour Milk Products in Brazil Alongside the challenges faced by the dairy industry in terms of milk supply difficulties, and thus higher costs, the differing production processes for yoghurt have increased costs for products that are often considered non-essential, and targeted towards ni ... Read More
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Cooking Ingredients and Meals in the US
Cooking Ingredients and Meals in the US In cooking ingredients and meals in the US in 2024, retail current value sales are set to maintain slow and stable growth, while retail volume sales are expected to struggle to achieve growth overall. While 2024 has seen inflation ebb in the US in general, in ... Read More
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Sauces, Dips and Condiments in the US
Sauces, Dips and Condiments in the US As the recent steep unit price growth in packaged food tempered in he US in 2023, volume trends inflected towards the positive for some sauces, dips and condiments categories that had fared a difficult 2022. Mayonnaise, continually stricken by supply chain woes ... Read More
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Cheese in Brazil
Cheese in Brazil Brazil’s weather patterns are affected by the alternating La Ninã and El Niño phenomena, which have had greater impacts in recent years. El Niño, which started in 2023 and continued in 2024, caused one of the biggest natural disasters in the history of the country in the first quart ... Read More
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Cooking Ingredients and Meals in Hong Kong, China
Cooking Ingredients and Meals in Hong Kong, China Overall retail growth of cooking ingredients and meals in Hong Kong remains tepid in 2024, with low single-digit growth in value sales terms and a marginal decline in volume terms. Shifting consumer behaviour towards dining out and travelling abroad ... Read More
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Dairy Products and Alternatives in Brazil
Dairy Products and Alternatives in Brazil According to Euromonitor’s Economies and Consumers system, economic conditions in Brazil in 2024 have followed the positive patterns seen in 2023, driven by reduced borrowing costs and lower unemployment rates, resulting in robust domestic demand. In additio ... Read More
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Meals and Soups in South Korea
Meals and Soups in South Korea In terms of distribution, sales of meals and soups in South Korea are not only driven by traditional channels such as hypermarkets, but by convenience stores and retail e-commerce platforms. In 2024, these latter two channels are together expected to account for nearly ... Read More
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Sweet Spreads in the US
Sweet Spreads in the US Sweet spreads saw retail volumes plateau in the US in 2023. Entering 2023, prices remained as high as or even higher than in 2022, with unit price growth aggressively slowing down only in the second half of 2023. For the full year, this resulted in a very minimal slowdown in ... Read More
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Cooking Ingredients and Meals in South Africa
Cooking Ingredients and Meals in South Africa Overall retail demand for cooking ingredients and meals in South Africa continues to fall, as the economic difficulties of 2023 remain of concern in 2024. Inflation levels in the country remain fairly high, despite the high interest rates. This is in par ... Read More
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Dairy Products and Alternatives in Ethiopia
Dairy Products and Alternatives in Ethiopia In 2024, inflation remained high in Ethiopia, boosting current value sales of dairy products but hindering retail volume growth, which was modest overall. Packaged butter and spreads experienced marginal decline, as many opted for lower-priced unpackaged b ... Read More
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Gum in India
Gum in India In India, demand for gum has largely been linked to the smoking population, with many smokers relying on it to freshen their breath and mask the smell of tobacco after smoking. With India’s smoking population set to reach over 32 million in 2024, the consumption of both chewing gum and ... Read More
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