Category: Food
Food market research reports by Euromonitor International
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Sauces, Dips and Condiments in Azerbaijan
Sauces, Dips and Condiments in Azerbaijan Overall, sauces, dips and condiments in Azerbaijan is expected to register muted volumed growth in 2024, in what is a mature product area. Pickled products continue to be by far the most important product in terms of value sales, though volume growth is expe ... Read More
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Meals and Soups in Argentina
Meals and Soups in Argentina In Argentina, soup continues to face declining volume sales in 2024 for two key reasons. First, packaged soup is more expensive than home-made options, and with the economic crisis deepening consumers have chosen to economise by making soup at home. Second, soup is consi ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Australia
Processed Meat, Seafood and Alternatives To Meat in Australia Following on from the previous year’s trend, the average unit price of processed meat, seafood and alternatives to meat in Australia continues to rise, driving up value sales. Nevertheless, retail volumes are also rising, primarily due to ... Read More
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Baked Goods in Hong Kong, China
Baked Goods in Hong Kong, China Retail demand for baked goods in Hong Kong continues to fall, as the category faces growing pressure from the ""travelling north"" trend, whereby local residents are increasingly interested in affordable shopping and dining experiences in cities located in the Greater ... Read More
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Butter and Spreads in Brazil
Butter and Spreads in Brazil Brazil has been experiencing the impacts of strong natural phenomena since 2022, with La Ninã and El Niño manifesting opposite effects across the country. While the former brought heavy rains to the southeast and drought to the south, the latter, which started in 2023, a ... Read More
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Edible Oils in Hong Kong, China
Edible Oils in Hong Kong, China Compared to 2023, retail demand for edible oils in Hong Kong is decreasing, while the category is recording low single-digit retail value growth. The latter is being driven by further price increases, due to stagnating global palm oil production, which is reflected in ... Read More
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Meals and Soups in the US
Meals and Soups in the US While global supply chain woes largely stabilised from the chaos of 2022, US consumer retail value spending on meals and soups saw only minor growth in 2023. Even as real wages started seeing continuous positive growth in early 2023, which has continued through 2024, the sh ... Read More
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Other Dairy in Brazil
Other Dairy in Brazil The low availability of raw milk and difficulties in the supply chain of dairy products, especially in the wake of El Niño, has led to high and rising prices across other dairy. Companies have developed alternatives to bypass final prices hikes by launching mixed dairy products ... Read More
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Sweet Spreads in Hong Kong, China
Sweet Spreads in Hong Kong, China Retail volume sales of overall sweet spreads in Hong Kong are only marginally declining, due to greater mobility outside of the home, resulting in ongoing dynamic growth for the foodservice channel. Eating breakfast at home has become less common in Hong Kong due to ... Read More
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Edible Oils in South Korea
Edible Oils in South Korea In 2024, some of the leading producers of edible oils have been lowering product prices since the beginning of the year, in response to the falling international prices of major oils, and government requests for price stabilisation. Raw palm oil prices have been consistent ... Read More
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Sweet Spreads in South Korea
Sweet Spreads in South Korea Sweet spreads is set to see a slight retail volume decline in South Korea in 2024, along with solid retail current value growth. Like other packaged food categories, jams and preserves is also adapting to the demand for low sugar and low calorie options. Consequently, co ... Read More
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Meals and Soups in Hong Kong, China
Meals and Soups in Hong Kong, China Although retail demand for meals and soups in Hong Kong remains above pre-pandemic levels in 2024, the category is a weak performer, with marginal decline in retail volumes and low single-digit value growth. The overall demand for meals and soups is undynamic due ... Read More
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Cooking Ingredients and Meals in South Korea
Cooking Ingredients and Meals in South Korea In 2024, as in 2023, cooking ingredients and meals in South Korea is set to maintain low retail volume growth and stronger retail current value growth. In 2023, there were surges in raw materials prices for cooking ingredients and meals in South Korea, pr ... Read More
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Cooking Ingredients and Meals in the US
Cooking Ingredients and Meals in the US In cooking ingredients and meals in the US in 2024, retail current value sales are set to maintain slow and stable growth, while retail volume sales are expected to struggle to achieve growth overall. While 2024 has seen inflation ebb in the US in general, in ... Read More
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Plant-Based Dairy in Brazil
Plant-Based Dairy in Brazil Less mature plant-based dairy categories in Brazil, such as other plant-based milk, and plant-based cheese, have experienced rapid growth in recent years, driven by a confluence of factors. Increasing consumer awareness of the environmental, health, and ethical benefits o ... Read More
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Yoghurt and Sour Milk Products in Brazil
Yoghurt and Sour Milk Products in Brazil Alongside the challenges faced by the dairy industry in terms of milk supply difficulties, and thus higher costs, the differing production processes for yoghurt have increased costs for products that are often considered non-essential, and targeted towards ni ... Read More
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Edible Oils in South Africa
Edible Oils in South Africa Retail volume sales of edible oils in South Africa continue to fall in 2024, albeit at a much slower pace compared to the previous year, as consumers continue to return to foodservice – demand for edible oils through the latter channel continues to rise in line with great ... Read More
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Sauces, Dips and Condiments in South Korea
Sauces, Dips and Condiments in South Korea The current health-related trends have driven innovation in low sugar and low calorie products across packaged food in South Korea, also impacting sauces, dips and condiments. Most sauces brands are now targeting health-conscious consumers by emphasising ke ... Read More
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Sweet Spreads in South Africa
Sweet Spreads in South Africa Retail volume sales of sweet spreads in South Africa continue to rise in 2024, mainly driven by the most popular type, nut and seed based spreads. However, overall volume growth of sweet spreads is low due to economic pressures. Many South Africans continue to struggle ... Read More
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Baby Food in Brazil
Baby Food in Brazil Baby food is set to maintain solid retail current value growth in Brazil in 2024, with milk formula continuing to account for the highest share of sales. Despite ongoing discussions about the benefits of breastfeeding, milk formula maintains its relevance in the Brazilian market, ... Read More
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Sauces, Dips and Condiments in South Africa
Sauces, Dips and Condiments in South Africa Retail demand for sauces, dips and condiments in South Africa continues to fall in 2024, driven by challenges for sauces, the dominant value category. However, there is some discrepancy, as demand for recipe sauces, particularly dry recipe sauces used to p ... Read More
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Meals and Soups in South Africa
Meals and Soups in South Africa Retail demand for meals and soups in South Africa continues to rise in 2024 in line with review period trends. Demand for meals and soups is being supported by the convenience of these meal solutions, especially during loadshedding periods. Certain consumers, especial ... Read More
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Edible Oils in the US
Edible Oils in the US Although not as high as in 2022, inflationary pressures persisted in edible oils in the US in 2023, and this has continued in 2024, influenced by a complex interplay of various headwinds, including geopolitical conflicts, climate change, and rising energy costs. For example, th ... Read More
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Sauces, Dips and Condiments in Hong Kong, China
Sauces, Dips and Condiments in Hong Kong, China Retail volume sales of sauces, dips and condiments in Hong Kong remain flat and below pre-pandemic levels. Weak demand is being driven by several factors, including greater mobility outside of the home, with many busy consumers preferring to dine out i ... Read More
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Cooking Ingredients and Meals in South Africa
Cooking Ingredients and Meals in South Africa Overall retail demand for cooking ingredients and meals in South Africa continues to fall, as the economic difficulties of 2023 remain of concern in 2024. Inflation levels in the country remain fairly high, despite the high interest rates. This is in par ... Read More
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