Category: Food
Food market research reports by Euromonitor International
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Food Preparation Appliances in India
In 2024, retail volume sales of food preparation appliances in India resumed their growth trajectory following a marginal decline the previous year. In India, food is mainly prepared at home and involves crushing, grinding and mixing various ingredients. Traditionally, this was done manually using t ... Read More
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Small Cooking Appliances in India
Retail volume sales of small cooking appliances in India remained significantly higher than pre-pandemic levels in 2024. Indian food is mostly cooked on a hob, and many of these meals are perceived as offering the best results when exposed to an open flame. This resulted in the continued dominance o ... Read More
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Small Local Grocers in Malaysia
Small local grocers in Malaysia continued to see positive, if moderate, retail current value growth in 2024, although sales remained below the 2019 Coronavirus (COVID-19) level at the end of the review period. The operators of small local grocers faced strong challenges as they struggled to compete ... Read More
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Supermarkets in Thailand
Supermarkets continued to see strong growth in Thailand in 2024 both in current value terms and in terms of the number of outlets. This strong performance continued to be supported by changing consumer preferences regarding where they choose to shop for groceries including food and beverages. Thanks ... Read More
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Supermarkets in Malaysia
Supermarkets in Malaysia continued to recover from the effects of the Coronavirus (COVID-19) at the end of the review period. In 2024, retail current value sales and the number of outlets saw further growth, albeit remaining below their 2019 pre-pandemic levels. The rising number of premium supermar ... Read More
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Small Local Grocers in the Philippines
Despite the rapid expansion of smaller-format supermarkets and convenience retailers in 2024, small local grocers remain a cornerstone of the Philippine retail landscape. Sari-sari stores, prevalent especially in rural and residential areas, are indispensable for securing day-to-day necessities. The ... Read More
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Supermarkets in the Philippines
Supermarkets in the Philippines enjoyed positive gains in current value terms in 2024. Growth was boosted by the continued expansion of players such as SM Retail Inc, Robinsons Retail Holdings and Puregold Inc, which extended their presence into new territories. In this sense, supermarkets had the a ... Read More
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Small Local Grocers in Thailand
Due to an increase in the number of middle-income consumers and urbanisation there has been a steady move away from traditional grocery retailers and towards modern grocery retailers. As a result, small local grocers have been losing ground to other channels such as convenience stores and supermarke ... Read More
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Small Local Grocers in Colombia
In 2024, small local grocers in Colombia continued to lose ground as they have become less attractive as a format for price-sensitive consumers. The challenging economy and rising cost of living in Colombia has led to further expansion of large stores and hard discounters, but this has in turn slowe ... Read More
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Small Local Grocers in Sweden
Small local grocers achieved positive sales in 2024, despite ongoing competition from other grocery retailers, and notably so from major retail chains and discounters, with the latter continuing to benefit from consumers’ ongoing price-sensitivity. However, it should also be noted that lower value s ... Read More
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Small Local Grocers in Poland
Small local grocers in Poland faced increasing challenges in 2024, due to rising operating costs. To maintain profitability, these stores are often forced to raise prices more aggressively than larger chains, further eroding their competitive position. As a result, many small local grocers are strug ... Read More
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Supermarkets in Romania
Supermarkets registered healthy current value growth in Romania in 2024, though constant value growth was much more muted. Though inflation eased, prices continued to rise and cut into profit margins. That being said, there continued to be expansion with chains such as Profi and Mage Image opening n ... Read More
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Small Local Grocers in Italy
Small local grocers performing poorly in Italy in 2024 with a further decline in terms of the number of outlets alongside a drop in sales in current value terms. This was due to the strong competition coming from other types of grocery retailers. Larger format grocery retailers such as hypermarkets, ... Read More
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Supermarkets in Poland
Supermarkets demonstrated healthy growth in Poland 2024, benefiting from both increased sales volumes and price increases. Polish consumers increasingly favour supermarkets due to their convenient locations and wide range of products. The expansion of leading chains such as Dino, Lewiatan, and Stokr ... Read More
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Small Local Grocers in Romania
Small local grocers continued to be significant retailers in Romania in 2024 in terms of overall value sales. However, though there was a modest increase in current value sales, constant value sales fell. The number of outlets also continued to decline. While consumers do appreciate the proximity of ... Read More
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Supermarkets in Italy
2024 was a relatively good year for supermarkets with the channel seeing an increase in the number of outlets as well as solid growth in current value terms. Sales benefited from more stable inflation which was accompanied by the return of increased promotional activity all of which encouraged consu ... Read More
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Supermarkets in Sweden
Supermarkets achieved healthy value sales in Sweden in 2024, thanks to the strengthening economy, with lower inflation, growing real wages, and improving consumer spending confidence. Value sales were slightly lower in 2024 compared to 2023, although this is attributed to lowering unit prices for go ... Read More
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Supermarkets in Colombia
Supermarkets have lost ground in Colombia’s grocery retail landscape amid growing competition from hard discounters, which gained share in 2024. Low single-digit value growth was driven by inflation while consumers shifted towards outlets offering more affordable everyday goods. To capitalise on thi ... Read More
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Supermarkets in Bulgaria
With lower inflation and stabilising retail prices, consumer purchasing power began to gradually improve in Bulgaria in 2024, leading to positive constant value growth in the supermarket channel. As economic conditions became less volatile, shoppers started to focus not only on price but also on the ... Read More
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Small Local Grocers in Bulgaria
The year 2024 was particularly challenging for small local grocers in Bulgaria, as consumers continued to reduce spending in these outlets in favour of larger grocery retailers that offer more competitive pricing. Although inflationary pressures eased compared to previous years, food prices remained ... Read More
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Small Local Grocers in Canada
In 2024, small local grocers in Canada registered marginal growth in the number of outlets, while retail current value sales dropped, albeit moderately and for the first time in the review period. Small grocers continued to face significant challenges at the end of the review period, as they struggl ... Read More
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Supermarkets in Argentina
In Argentina’s supermarkets in 2024, Asian concept stores, as the main competitors to chained players, enjoyed a reversal of their previously poor performance. Towards the end of the review period, Asian concepts saw a continued deep crisis, resulting in some such supermarkets closing their business ... Read More
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Small Local Grocers in the US
Despite maintaining marginal current value growth, small local grocers in the US faced an uphill battle in 2024, as rising prices and shrinking profit margins continued to erode the ability of many such outlets to compete. High inflation remained a persistent issue, driving up the cost of goods, whi ... Read More
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Supermarkets in Canada
In 2024, supermarkets in Canada continued to rebound from the downturn in the number of outlets in the wake of the Coronavirus (COVID-19) pandemic, albeit at a slow rate, to move into line with the 2019 figure. In retail current value terms, sales continued to rise, albeit only marginally following ... Read More
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Supermarkets in China
Supermarkets remained one of the largest retail channels in the country in terms of value sales in 2024, behind only retail e-commerce and small local grocers. However, supermarkets experienced only low current value growth in China in 2024, reflecting stabilisation amidst shifting consumer shopping ... Read More