Category: Food
Food market research reports by Euromonitor International
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Croatia Baby Food
Baby Food in Croatia It is expected to be a muted picture for baby food in Croatia in 2024. While current values are expected to increase, constant value growth is expected to be more muted. Volume sales are also expected to be unchanged. Prices continue to rise and consumers continue to be price se ... Read More
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Croatia Other Dairy
Other Dairy in Croatia Other dairy in Croatia is expected to register healthy value and volume growth in 2024, with cream expected to the strongest performer in terms of value sales. That being said, fromage frais continues to be the most popular products in terms of value sales, followed by cream. ... Read More
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Estonia Plant-Based Dairy
Plant-Based Dairy in Estonia While sales are still relatively low compared with regular dairy, in 2024, sales of plant-based dairy enjoyed significant growth in both retail and current volume terms. This was largely thanks to increased consumption of plant-based milk, which has seen expansion in rec ... Read More
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Egypt Cheese
Cheese in Egypt Cheese in Egypt is experiencing modest growth in volume terms, whilst the surge in current value growth is primarily attributed to soaring prices. Most of the hard cheeses sold in Egypt are imported leaving players vulnerable to the currency devaluations and inflation seen in 2024. T ... Read More
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Portugal Other Dairy
Other Dairy in Portugal Chilled dairy desserts, particularly puddings, continue to be in high demand. Players continue to launch new flavours to attract consumers, such as YoPro with its new chocolate and hazelnut flavoured pudding. Despite the challenging economic environment these products have re ... Read More
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Indonesia Sweet Biscuits, Snack Bars and Fruit Snacks
Sweet Biscuits, Snack Bars and Fruit Snacks in Indonesia Sweet biscuits, snack bars and fruit snacks is achieving decent value and volume growth in Indonesia in 2024. Fruit snacks is seeing the strongest volume growth, while sweet biscuits shows the strongest value growth. However, as seen across sn ... Read More
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Portugal Baby Food
Baby Food in Portugal High inflation and a sharp rise in the cost of living, including increased food prices, led to a reduction in purchasing power and basic products were in greater demand in 2023, including when it came to baby food. This pattern has continued in 2024, with consumers seeking out ... Read More
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Costa Rica Dairy Products and Alternatives
Dairy Products and Alternatives in Costa Rica A positive economic picture is expected to support healthy current value and moderate volume growth in dairy products and alternatives in Costa Rica in 2024. Increasing tourist numbers is also expected to support value and volume growth, particularly for ... Read More
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World Market for Snacks
World Market for Snacks With economic challenges showing signs of easing (eg lower inflation and less price pressure), the global snacks industry is embarking on a path to recover eroded growth. The industry will be faced with thinly stretched consumers who now carry a stronger discern for affordabl ... Read More
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Indonesia Gum
Gum in Indonesia Gum remains in a structural decline in Indonesia in 2024, in both value and volume terms. Gum is a small and mature category, with few opportunities for innovation or reinvention. Thus, maturity is set to continue to limit growth potential in gum, although opportunities exist in sug ... Read More
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Indonesia Chocolate Confectionery
Chocolate Confectionery in Indonesia Chocolate confectionery is achieving positive value gains in Indonesia, thanks to high unit prices, with retail volume also in small positive retail growth. The high unit prices in chocolate confectionery are attributed to the high costs of cocoa, globally, in pa ... Read More
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Ecuador Butter and Spreads
Butter and Spreads in Ecuador The price of margarine in Ecuador continues its downward trend in 2024, following the sharp increase observed in 2022, triggered by the onset of the Russian invasion of Ukraine. The price of margarine is closely tied to the cost of edible oil, which experienced a signif ... Read More
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Ecuador Baby Food
Baby Food in Ecuador Baby food in Ecuador experiences a negative performance in 2024, primarily driven by the declining birth rates that reduce the target audience for these products. This demographic shift is compounded by the ongoing economic crisis, which significantly impacts the sales of baby f ... Read More
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Greece Cheese
Cheese in Greece The Greek cheese market is projected to exhibit stagnant performance in retail volume terms in 2024, largely due to ongoing inflationary pressures and rising prices. As a cornerstone of Greek cuisine, cheese continues to play a vital role in everyday meals. However, the increasing c ... Read More
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Portugal Plant-Based Dairy
Plant-Based Dairy in Portugal Plant-based dairy has continued to enjoy strong growth in retail volume and value terms in 2024 as an increasing number of consumers look to reduce or remove dairy products from their diet for health or ethical reasons. Other plant-based milk is contributing the most to ... Read More
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Estonia Baby Food
Baby Food in Estonia Baby food registered a moderate increase in current value sales in Estonia in 2024, largely as a result of high average unit prices. Meanwhile, volume growth remained stagnant. Local consumers remained highly price sensitive and prioritised value for money, and a degree of tradi ... Read More
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Egypt Other Dairy
Other Dairy in Egypt Other dairy market faced significant challenges in 2024, particularly with the substantial prices increase of dairy products like milk. This increase was driven by factors such as higher costs of raw materials, including powder milk which is often imported. Additionally, the dev ... Read More
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Estonia Cheese
Cheese in Estonia Cheese registered modest volume growth and more robust current value growth in Estonia in 2024. A significant number of migrants fleeing the war in Ukraine helped boost volume sales, while current value growth was largely attributable to ongoing high rates of inflation, which have ... Read More
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Estonia Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Estonia Yoghurt and sour milk products registered modest volume growth and more robust current value growth in Estonia in 2024. A significant number of newly arrived migrants from Ukraine, escaping the war, which increased volume sales, while high levels of inflatio ... Read More
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Egypt Baby Food
Baby Food in Egypt The surge in baby food prices at the beginning of 2024 was caused by a severe shortage of foreign currency and the depreciation of the local currency against the US Dollar. In March 2024, the Egyptian pound was devalued pushing the official exchange rate up from EGP30 to EGP50 per ... Read More
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Ecuador Other Dairy
Other Dairy in Ecuador Other dairy in Ecuador is witnessing a significant shift towards the production and distribution of shelf-stable cream products in 2024. More companies are entering this category, recognising the numerous advantages it offers. For instance, Miraflores, a brand traditionally kn ... Read More
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Greece Other Dairy
Other Dairy in Greece The market for other dairy products in Greece is expected to experience a continued decline in retail volume in 2023. This is partly due to inflationary pressures, with prices rising significantly. In addition, condensed and evaporated milk, which have traditionally held a domi ... Read More
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Greece Baby Food
Baby Food in Greece The Greek baby food market is projected to experience a decline in retail volume terms in 2024, continuing the downward trend observed in the previous year. While there will be an increase in current value growth, this will largely be driven by inflationary pressures, with prices ... Read More
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Romania Butter and Spreads
Butter and Spreads in Romania Butter and spreads in Romania felt the impact of lower average unit prices in 2023, with volume sales remaining flat compared to several years of decline. The government approved legislation to help consumers affected by the high cost of living to purchase basic product ... Read More
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Estonia Butter and Spreads
Butter and Spreads in Estonia Butter and spreads registered moderate current value growth in 2024, while foodservice volume sales saw a modest increase and retail volume sales declined. Economic uncertainty because of the Russian invasion of Ukraine, the meteoric rise in inflation, and a constrained ... Read More
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