Category: Food
Food market research reports by Euromonitor International
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Staple Foods in Morocco
Staple Foods in Morocco The Moroccan economy has witnessed modest growth in 2024, with GDP rising by 2.4% in 2023 and 3.3% in 2024. However, the ongoing geopolitical tensions linked to the Russian invasion of Ukraine have continued to exert upward pressure on global energy and raw material prices, i ... Read More
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Staple Foods in Serbia
Staple Foods in Serbia In 2024, the sales of staple foods in Serbia are largely driven by the fast-paced lifestyle of consumers and their increasing demand for convenience. A rising focus on health has led to an expansion of healthier choices, including plant-based alternatives, low-fat options, and ... Read More
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Staple Foods in the Netherlands
Staple Foods in the Netherlands In 2024, staple foods in the Netherlands has been significantly influenced by substantial price increases across nearly all categories. These price pressures have driven consumers to adopt cost-saving strategies, with private label products emerging as a critical bene ... Read More
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Cooking Ingredients and Meals in Cameroon
Cooking Ingredients and Meals in Cameroon Prices of edible oils have stabilised significantly in 2024, buoyed by a steady rise in volume and easing price pressures in the palm oil sector, which accounts for approximately 85% of the edible oil market. This shift represents a crucial development for a ... Read More
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Staple Foods in Kuwait
Staple Foods in Kuwait Retail volume sales of staple foods are set to grow in Kuwait in 2024, with demand supported by the essential nature of such products. Bread is the main staple, with rice also highly popular. Health and wellness continues to exert a growing influence on purchasing decisions, w ... Read More
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Staple Foods in Tunisia
Staple Foods in Tunisia While staples in Tunisia is expected to register double-digit percentage current value growth, constant value growth is expected to be much more moderate, though still healthy. This is in spite of continuing high inflation and also slower growth in the economy, as Tunisia gra ... Read More
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Staple Foods in Uruguay
Staple Foods in Uruguay It is an improving economic picture for staple foods in Uruguay in 2024 and it is expected to register moderate current value growth, as inflation eases. That being said, there are still significant price increases hikes for rice, due to continuing increases in international ... Read More
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Fresh Food in Australia
Fresh Food in Australia 2024 continues to be a challenging year for fresh food in Australia as many consumers are still unable to spend as freely as they would like, and are choosing to reduce their spending on fruits, vegetables and meat to help manage their budgets while paying bills and other ess ... Read More
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Cooking Ingredients and Meals in Morocco
Cooking Ingredients and Meals in Morocco Inflation has significantly shaped cooking ingredients and meals in Morocco in 2024, driven by persistent geopolitical tensions stemming from the Russian invasion of Ukraine. These tensions have exacerbated the rising costs of energy and raw materials, with n ... Read More
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Staple Foods in Latvia
Staple Foods in Latvia Staple foods in Latvia in 2024 presents a more stable outlook than the turmoil of previous years. The inflationary pressures of 2022 and 2023 appear to have subsided, offering some relief. However, ongoing economic uncertainty has hindered a more rapid recovery in sales. Many ... Read More
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Cooking Ingredients and Meals in Nigeria
Cooking Ingredients and Meals in Nigeria High inflation in Nigeria, persisting from 2023 into 2024, has significantly impacted the performance of cooking ingredients and meals by severely weakening consumer spending power. While these products are largely essential, many consumers have been compelle ... Read More
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Vegetables in Australia
Vegetables in Australia Retail volume sales of fresh vegetables in Australia have been declining since 2021-2022 across the category. During this period, the price of vegetables has been subject to high rates of inflation, making it difficult for consumers to regularly afford fresh options. The most ... Read More
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Breakfast Cereals in Latvia
Breakfast Cereals in Latvia Breakfast cereals in Latvia remains stagnant in 2024, reflecting a combination of long-standing and emerging challenges. Health-conscious parents continue to limit their children's consumption of breakfast cereals, citing concerns about high sugar content. Additionally, t ... Read More
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Fruits in Australia
Fruits in Australia Retail volume sales of fruits in Australia have been declining since 2021-2022, coinciding with high rates of inflation for the category due to supply issues and the climate impacting overall supply. Local consumers have been forced to budget more carefully to manage their expens ... Read More
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Edible Oils in Nigeria
Edible Oils in Nigeria Despite edible oils being an indispensable component of Nigerian cuisine, the category has faced challenges in 2024, largely due to the persistent inflationary pressures that have significantly eroded consumer purchasing power. Inflation, which has continued from 2023, has con ... Read More
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Meals and Soups in Nigeria
Meals and Soups in Nigeria Inflationary pressures in 2024 have significantly hampered the performance of meals and soups in Nigeria, with volume sales experiencing notable declines. Products in this category are widely regarded as non-essential by the majority of Nigerian consumers, and the weakened ... Read More
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Baked Goods in Greece
Baked Goods in Greece Baked goods in Greece continued to be affected by inflation and price increases at the end of the review period. While the rate of inflation slowed, it remained relatively high for the market in 2024. Moreover, average unit prices rose significantly, if slower than in 2023. Thu ... Read More
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Breakfast Cereals in Nigeria
Breakfast Cereals in Nigeria Breakfast cereals have experienced a decline in volume terms in 2024 due to the significant impact of inflationary economic conditions on consumer spending power. The rise in the price of breakfast cereals, coupled with the broader economic situation, has resulted in red ... Read More
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Rice, Pasta and Noodles in Latvia
Rice, Pasta and Noodles in Latvia In 2024, rice, pasta, and noodles in Latvia experiences stagnation in retail volume terms, with sales showing limited movement after several years of economic volatility. Price inflation, which previously disrupted the market, has now stabilised, offering some relie ... Read More
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Processed Fruit and Vegetables in Kazakhstan
Processed Fruit and Vegetables in Kazakhstan Processed fruit and vegetables is experiencing a slight increase in volume sales in 2024 due to the growing population in Kazakhstan. Stronger development of this category is hampered by economic uncertainty and a decline in the purchasing power. Also, ma ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Uruguay
Processed Meat, Seafood and Alternatives To Meat in Uruguay There is expected to be positive volume growth for processed meat, seafood and alternatives to meat in Uruguay in 2024. Volume sales have been boosted by the steep devaluation of the Argentinian peso at the end of 2023, which resulted in si ... Read More
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Baked Goods in Uzbekistan
Baked Goods in Uzbekistan Overall, baked goods in Uzbekistan in 2024 is expected to register double-digit current value percentage growth, though constant value is expected to be much more moderate, as high inflation still persists. In particular, flour prices continue to rise. That being said, volu ... Read More
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Sauces, Dips and Condiments in Bosnia and Herzegovina
Sauces, Dips and Condiments in Bosnia and Herzegovina Overall, sauces, dips and condiments is expected to register healthy constant value growth in Bosnia and Herzegovina in 2024, as inflation eases significantly. However, volume growth is expected to be minimal due to continuing population decline. ... Read More
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Rice, Pasta and Noodles in Kazakhstan
Rice, Pasta and Noodles in Kazakhstan Rice is experiencing a significant price increase in 2024 due to a poor harvest. This is resulting in volume sales decline in the year as consumers switch to loose, unpackaged rice, which is significantly more affordable than its packaged counterpart. There has ... Read More
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Breakfast Cereals in Serbia
Breakfast Cereals in Serbia Consumers in Serbia are increasingly seeking foods that can help strengthen their immunity in 2024, with a particular focus on products rich in vitamins, minerals, and antioxidants. Millennials, who are a key target group for breakfast cereals, are driving this demand. Du ... Read More
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