Category: Food
Food market research reports by Euromonitor International
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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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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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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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Edible Oils in Austria
Edible Oils in Austria In 2024, average unit prices remain high in edible oils, despite the lower inflation rate in Austria. Volume sales continue to decline in both retail and foodservice reflecting the lower demand for edible oils. Nonetheless, volume sales of edible oils remain above pre-pandemic ... Read More
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Breakfast Cereals in Australia
Breakfast Cereals in Australia Retail volume sales of breakfast cereals in Australia remain stable, but growth is flat in 2024, with weak performances by flakes, children’s breakfast cereals, and hot cereals. Despite Australia's growing population, per capita consumption of breakfast cereals is wani ... Read More
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Baked Goods in Australia
Baked Goods in Australia Retail volume sales of baked goods in Australia remain fairly flat in 2024, with bread, the largest contributor to overall demand in the category, experiencing a marginal decline compared to the previous year. This is largely being driven by consumers adjusting their spendin ... Read More
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Sweet Spreads in Belgium
Sweet Spreads in Belgium While retail value sales were positive in 2024, this was the impact of inflation on price points, with a decline noted in retail volume sales. Two factors led to this volume decline in sweet spreads. Firstly, maturity on the landscape challenged sales, while high price point ... Read More
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Baked Goods in South Korea
Baked Goods in South Korea Heightened consumer interest in health continues to play a pivotal role in establishing various types of leavened bread, such as bagels, ciabatta, multigrain bread, whole wheat bread, and oatmeal bread, as a new dietary culture in South Korea. These bread varieties share k ... Read More
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Processed Fruit and Vegetables in Australia
Processed Fruit and Vegetables in Australia Processed fruit and vegetables in Australia continues to record solid retail value and volume growth rates in 2024. As Australians continue to face high living costs, they are increasingly cooking at home and prioritising value in their purchases. Products ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Hong Kong, China
Processed Meat, Seafood and Alternatives To Meat in Hong Kong, China In 2024, total volume sales of processed meat, seafood and alternatives to meat in Hong Kong continue to grow, primarily driven by the dominant foodservice channel. Demand for processed meat, seafood and alternatives to meat throug ... Read More
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Staple Foods in Australia
Staple Foods in Australia In 2024, the trend of home meal preparation continues to drive the solid performance of staple foods in Australia, including for categories such as rice, pasta and noodles, and shelf stable seafood. Many of these categories are experiencing volume-driven growth as consumers ... Read More
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Rice, Pasta and Noodles in Australia
Rice, Pasta and Noodles in Australia Retail demand for rice, pasta and noodles in Australia continues to strongly grow in 2024. This growth is largely attributed to the ongoing financial pressure on local consumers, leading to more frequent home cooking as a cost-saving measure. A significant shift ... Read More
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