Category: Food
Food market research reports by Euromonitor International
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Cooking Ingredients and Meals in Kazakhstan
Cooking Ingredients and Meals in Kazakhstan While cooking ingredients and meals in Kazakhstan is set to register an improved result in current value growth terms in 2024, retail volume growth is anticipated to be down modestly on the previous year. This is mainly explained by events in sunflower oil ... Read More
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Sweet Spreads in Serbia
Sweet Spreads in Serbia Sweet spreads in Serbia in 2024 is expected to register minimal volume growth, as continuing price rises stifle demand. This is particular for chocolate spreads, where increasing global cocoa prices putting pressure on retail prices. Jams and preserves continue to account for ... Read More
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Edible Oils in Egypt
Edible Oils in Egypt In 2024, the volume of edible oils available in Egypt has declined, accompanied by a substantial increase in prices. This dramatic rise in cooking oil costs can be attributed to three primary factors. First, both local and international oil prices have increased. Locally, high d ... Read More
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Sauces, Dips and Condiments in Mexico
Sauces, Dips and Condiments in Mexico Health and wellness trends are noted in sauces, dips and condiments in Mexico in 2024, which are influencing new formulations in popular products. Indeed, consumers becoming increasingly interested in the ingredients of foods and opting for healthier alternative ... Read More
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Meals and Soups in Egypt
Meals and Soups in Egypt In 2024, the volume of meals and soups available in Egypt has declined, while retail selling prices have risen significantly. This shift is largely due to the Egyptian pound’s devaluation in March 2024, during which the currency lost 60% of its value. This devaluation has le ... Read More
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Sauces, Dips and Condiments in Kazakhstan
Sauces, Dips and Condiments in Kazakhstan Mayonnaise has remained the single biggest category within sauces, dips and condiments in Kazakhstan in 2024. While it is poised to record a modestly improved performance in current value growth terms, this is primarily the result of price hikes imposed to o ... Read More
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Sauces, Dips and Condiments in Serbia
Sauces, Dips and Condiments in Serbia Overall, sauces, dips and condiments in Serbia is expected to register healthy current value growth and positive volume growth in 2024. Pickled products continues to account for most values sales and is also expected to register the highest value and volume grow ... Read More
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Edible Oils in Kazakhstan
Edible Oils in Kazakhstan Sunflower oil has remained by far the largest contributor to edible oils retail volume and current value sales in Kazakhstan in 2024, and is also set to post the fastest growth in both respects. The overwhelming and enduring preference for this product type is mainly explai ... Read More
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Meals and Soups in Kazakhstan
Meals and Soups in Kazakhstan Ready meals have continued to dominate meals and soups in Kazakhstan in 2024. With increasingly busy lifestyles leaving less time for cooking, appreciation for the convenience of these products is on the rise, hence the frozen, shelf stable and chilled categories are al ... Read More
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Sauces, Dips and Condiments in Egypt
Sauces, Dips and Condiments in Egypt In 2024, sauces, dips, and condiments in Egypt has seen a notable decline in volume, accompanied by a significant increase in value. This shift has primarily resulted from a substantial price hike of over 30% in the first quarter of the year, driven by a sharp ri ... Read More
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Cooking Ingredients and Meals in Saudi Arabia
Cooking Ingredients and Meals in Saudi Arabia Cooking ingredients and meals is set to see growth in both volume and value terms in Saudi Arabia in 2024. Stronger domestic income, more women participating in the paid workforce, a rising population through a continuous influx of expatriates into the c ... Read More
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Cooking Ingredients and Meals in Mexico
Cooking Ingredients and Meals in Mexico Cooking ingredients and meals in Mexico in 2024 is being influenced by the economic situation in the country, with a low GDP indicating a struggling economy. Despite 2024 being an election year in Mexico, which was expected to bring a solid rebound in spending ... Read More
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Meals and Soups in Saudi Arabia
Meals and Soups in Saudi Arabia Meals and soups is set to record healthy current value growth in Saudi Arabia in 2024 with frozen pizza registering the strongest growth amongst the subcategories. This growth is set to be driven by rising demand for convenient, ready-to-eat options amongst younger co ... Read More
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Sweet Spreads in Mexico
Sweet Spreads in Mexico Sweet spreads is seeing positive gains in both value and volume terms in Mexico in 2024, with value sales supported by a stabilisation in unit prices. Notably, in 2023, significant price hikes pushed up value but suppressed volume at the same time. Sweet spreads also benefits ... Read More
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Breakfast Cereals in Colombia
Breakfast Cereals in Colombia The breakfast cereals landscape underwent changes in 2024, driven by intensified competition from private labels and competition from alternative breakfast options, including bread. Retailer-affiliated private label lines have gained substantial traction by emphasising ... Read More
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Rice, Pasta and Noodles in Ireland
Rice, Pasta and Noodles in Ireland Rice, pasta and noodles is expected to see modest current value growth in Ireland in 2024. In 2023, rice, pasta and noodles experienced dramatic cost increases due to the limited supply of durum wheat and rice. Adverse weather conditions in the US, Canada and Europ ... Read More
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Breakfast Cereals in Portugal
Breakfast Cereals in Portugal Private label is becoming increasingly influential in the purchasing decisions of breakfast cereal consumers. Private label goods are aligning their product portfolios with established manufacturers, with a focus on product areas perceived as healthier and lower in suga ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Colombia
Processed Meat, Seafood and Alternatives To Meat in Colombia The impact of inflation has been notable across various product areas, especially in processed meat and processed poultry, both experienced a decline in retail volume while still achieving healthy growth in current value terms. In contrast ... Read More
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Staple Foods in Peru
Staple Foods in Peru Despite lower levels of inflation in 2024, many product areas within staple foods continued to experience value growth that was bolstered by unit prices rather than an expansion of retail volume sales. This outcome was the result of stagnant incomes in Peru, which have not kept ... Read More
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Baked Goods in Colombia
Baked Goods in Colombia The baked goods industry faced significant challenges due to sharp increases in raw material, labour, and energy costs, resulting in a substantial reduction in profit margins in 2024. This led to a staggering 30% decline in production and sales for neighbourhood bakeries. How ... Read More
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Breakfast Cereals in Peru
Breakfast Cereals in Peru Due to an ongoing uncertain economy, consumers are increasingly seeking lower price points. While retail value sales grew by 3% in 2024, volume was much lower at under 1%. While prices stabilised in 2024, this was insufficient to trigger significant volume growth. Peruvian ... Read More
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Baked Goods in Ireland
Baked Goods in Ireland Baked goods is set to see stagnation in current value terms in Ireland in 2024. In the previous year, baked goods experienced another year of high single-digit price increases as inflationary pressures across the supply chain persisted. The main factor was the global wheat sho ... Read More
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Staple Foods in Myanmar
Staple Foods in Myanmar Myanmar's post-coup economic crisis deepened in 2024 with prices of staple foods rising steeply due to a fall in Myanmar’s currency, product shortages and government mismanagement. In an effort to control prices, the military government introduced subsidies on rice, while cra ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Peru
Processed Meat, Seafood and Alternatives To Meat in Peru In 2024, processed meat, seafood, and alternatives to meat saw retail value sales grow by 5% in current terms, while retail volume growth was positive at 3%. Although the category of processed poultry—shelf-stable, chilled, and frozen—remains ... Read More
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Processed Fruit and Vegetables in Ireland
Processed Fruit and Vegetables in Ireland Processed fruit and vegetables is set to see current value growth in Ireland in 2024. In the previous year, the processed fruit and vegetables category recorded another year of high single-digit price increases. However, retail volume sales continued to grow ... Read More
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