Category: Food
Food market research reports by Euromonitor International
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Switzerland Cheese
Cheese in Switzerland Cheese has seen positive growth in current value terms in 2024 albeit slower than the CAGR for the review period. However, this growth has been largely due to inflation with retail volume sales of cheese continuing to decline in 2024, continuing the pattern seen in the previous ... Read More
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Norway Plant-Based Dairy
Plant-Based Dairy in Norway Plant-based dairy in Norway is projected to see a further drop in retail volume sales in 2024. Plant-based milk in Norway is suffering from a decrease in consumption occasions, marked by a shift away from home cooking and leisurely sit-down breakfasts, coupled with a resu ... Read More
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New Zealand Butter and Spreads
Butter and Spreads in New Zealand With the price of milk rising significantly towards the end of the review period, all milk by-products have also been suffering from high rates of inflation, with butter in New Zealand no exception to this trend. Butter is a household staple ingredient for many loca ... Read More
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Norway Cheese
Cheese in Norway In 2024, cheese in Norway is projected to see a return to positive, if slight, retail volume growth and a stronger retail current value increase, compared with 2023. Improved retail volume sales are set to help push higher retail current value sales, with the average unit price risi ... Read More
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New Zealand Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in New Zealand Consumers are increasingly switching to plain yoghurt in New Zealand with retail volume sales continuing to rise in 2024, while demand for flavoured yoghurt is falling (despite driving overall sales in the category). A significant proportion of this chan ... Read More
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Oman Dairy Products and Alternatives
Dairy Products and Alternatives in Oman Dairy products have an established role in the daily diets of the Omani population, making demand relatively resilient. Moreover, increasingly hectic lifestyles and growth in the number of working mothers is boosting demand for packaged dairy and baby food, wh ... Read More
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Norway Butter and Spreads
Butter and Spreads in Norway Butter and spreads in Norway is projected to see moderate retail volume growth in 2024. While the full return to pre-Coronavirus (COVID-19) lifestyles has undermined the home baking and cooking trend, this residual practice continues to offer consumption opportunities fo ... Read More
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Hungary Plant-Based Dairy
Plant-Based Dairy in Hungary Hungarians are taking a growing interest in plant-based dairy and retailers are responding to provide a growing variety of branded and private label options with barista-style, regular milk or coffee creamers. Following the success of Alpro Barista, Lidl introduced its p ... Read More
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New Zealand Plant-Based Dairy
Plant-Based Dairy in New Zealand While all types of plant-based milk continue to grow in both retail value and volume terms in 2024, other plant-based milk, which primarily includes almond and oat options, continues to outperform soy drinks. Both oat milk and almond milk have witnessed a significant ... Read More
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Hungary Butter and Spreads
Butter and Spreads in Hungary Price inflation had a strong effect on butter and cooking fats in 2024, which are already considered relatively expensive dairy products. Both products witnessed a decrease in volume sales due to lower consumption and a shift towards alternatives at a lower price point. ... Read More
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Denmark Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Denmark Following a three-year period of decline, the market for yoghurt and sour milk products in Denmark is showing some signs of recovery in retail volume terms. This revival is being fuelled by an increasing consumer awareness of the health benefits associated w ... Read More
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Denmark Other Dairy
Other Dairy in Denmark The market for other dairy products in Denmark is expected to experience a further decline in retail volume terms in 2024. The category is grappling with market saturation and intensified competition from plant-based alternatives, which benefit from a more eco-friendly and hea ... Read More
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New Zealand Dairy Products and Alternatives
Dairy Products and Alternatives in New Zealand Retail volume growth of dairy products and alternatives in New Zealand remains low in 2024, as the cost of living and inflation continue to be main drivers of consumer spending. Although inflation has shown signs of easing, especially for dairy products ... Read More
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Denmark Plant-Based Dairy
Plant-Based Dairy in Denmark Following a two-year period of modest growth, the market for plant-based dairy in Denmark is set to see an improved performance in retail volume terms in 2024. Such offerings registered a surge in demand during the first half of the review period, but subsequently suffer ... Read More
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Jordan Dairy Products and Alternatives
Dairy Products and Alternatives in Jordan In 2024, value growth in dairy in Jordan is being driven partly by the rising cost of raw materials, particularly milk. An increase in tourism, more women in the workforce, and the expansion of chained supermarkets and hypermarkets is also fuelling growth. F ... Read More
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Norway Dairy Products and Alternatives
Dairy Products and Alternatives in Norway In 2024, dairy products and alternatives in Norway is projected to see a slight overall rise in retail volume sales and fast retail current value growth. High, if slowing, inflation rates, high interest and price hikes have made consumers more price-sensitiv ... Read More
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New Zealand Baby Food
Baby Food in New Zealand Baby food in New Zealand, including milk formula, remains fairly resilient in the face of inflation as parents will typically sacrifice other areas of their budgets before reducing their spending on their child’s growth and wellbeing. However, the declining birth rate in New ... Read More
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Norway Baby Food
Baby Food in Norway Overall, baby food in Norway is projected to see a further moderate decline in retail volume sales in 2024, although “other” baby food and milk formula are set to buck this trend. In retail current value terms, baby food is expected to see strong growth across the board, albeit s ... Read More
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New Zealand Other Dairy
Other Dairy in New Zealand Within other dairy in New Zealand, cream continues to sustain demand from consumers in 2024, recording both retail volume and value growth. The product is highly versatile and has many uses as a cooking ingredient, a relevant feature given the increase in cooking at home s ... Read More
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New Zealand Cheese
Cheese in New Zealand The inflation of dairy products towards the end of the review period has been having a significant impact on the pricing of cheese in New Zealand, making it difficult for consumers to maintain their typical spending habits. Cheese is already perceived as a relatively expensive ... Read More
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Denmark Dairy Products and Alternatives
Dairy Products and Alternatives in Denmark The Danish market for dairy products and alternatives is set to register a further decline in retail volume terms in 2024, albeit at a slower rate than the previous year. This trend can be traced back to significant inflationary pressures that began in late ... Read More
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Greece Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Greece Within the Greek dairy market, yoghurt and sour milk products is the only category expected to experience an increase in retail sales volumes in 2024. Yoghurt holds a significant place in the Greek diet, serving not just as a breakfast staple, but also as a v ... Read More
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Indonesia Ice Cream
Ice Cream in Indonesia Ice cream in Indonesia is achieving small value and volume gains in 2024. That said, retail ice cream has recently faced competition from foodservice, with the on-trade channel seeing significant volume growth in the previous year. In the recent review period, we have seen the ... Read More
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Portugal Butter and Spreads
Butter and Spreads in Portugal Butter consumption increased in 2023, both in retail volume and value terms and it continues to see steady growth in 2024. Due to the challenging economic environment and the sharp rise in the cost of living, many consumers are eating at home more frequently as it is t ... Read More
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Dominican Republic Butter and Spreads
Butter and Spreads in Dominican Republic In times of high inflation, when consumers reduce their discretionary expenditures and focus more on home-cooked meals, butter and spreads in the Dominican Republic has shown remarkable resilience, continuing to grow in both volume and value terms in 2024. Wh ... Read More
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