Category: Ingredients
Ingredients market research reports by Euromonitor International
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Cooking Ingredients and Meals in Ethiopia
Cooking Ingredients and Meals in Ethiopia Edible oils continue to dominate cooking ingredients and meals. Demand is gradually shifting from palm oil to sunflower oil, as the latter is regarded as healthier by a growing number of local consumers. Meanwhile, stock cubes and powders and particularly to ... Read More
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Cooking Ingredients and Meals in Ghana
Cooking Ingredients and Meals in Ghana Price remains a pivotal factor during 2023 and continues to shape consumer choices. Consumers persist in making decisions, leaning towards more economical and affordable brands. Edible oils remain central to cooking, but retail sales dipped due to rising unit p ... Read More
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Cooking Ingredients and Meals in Côte d'Ivoire
Cooking Ingredients and Meals in Côte d'Ivoire Demand continued to increase across most categories of cooking ingredients and meals in 2023 despite significant average unit price increases as high inflation eroded consumer spending power. General economic development, urbanisation and the spread of ... Read More
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Cooking Ingredients and Meals in Angola
Cooking Ingredients and Meals in Angola In 2023, the COVID-19 pandemic is no longer a strong factor in the performance of cooking ingredients and meals, with the category now being impacted by global inflation instead. However, the annual inflation rate dropped to 11% in April 2023, the lowest since ... Read More
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Cooking Ingredients and Meals in Azerbaijan
Cooking Ingredients and Meals in Azerbaijan Cooking ingredients and meals is witnessing greater stability in 2023 following the price shocks of 2022, which created much upheaval for the category. There was a significant increase in prices across the cooking ingredients and meals category in 2022, bu ... Read More
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Cooking Ingredients and Meals in South Africa
Cooking Ingredients and Meals in South Africa 2023 has been a tough financial year for consumers, with double-digit food inflation, rising interest rates, and rolling blackouts. Loadshedding significantly affects the entire supply chain, as well as consumers, as it has been implemented almost every ... Read More
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Cooking Ingredients and Meals in Uganda
Cooking Ingredients and Meals in Uganda Demand for cooking ingredients and meals has remained centred around edible oils and sauces, dips and condiments in 2023. While the pandemic has come to an end, high inflation is putting pressure on incomes thus limiting stronger growth, with consumers focusin ... Read More
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Cooking Ingredients and Meals in Belgium
Cooking Ingredients and Meals in Belgium High rates of inflation and pressure on consumers’ purchasing power and disposable incomes strongly impacted demand for cooking ingredients and meals in the Belgian market in 2023. Indeed, following a strong performance in value sales in 2022 mostly driven by ... Read More
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Cooking Ingredients and Meals in Panama
Cooking Ingredients and Meals in Panama Cooking ingredients and meals slowed in volume terms in 2023 while value sales rose strongly due to rising inflation. Substantial unit price increases put significant pressure on household incomes, resulting in a more conservative approach to consumer spending ... Read More
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Cooking Ingredients and Meals in Malaysia
Cooking Ingredients and Meals in Malaysia Consumers continued to dine out more often in the aftermath of the COVID-19 crisis in 2023 as the return to busy lifestyles left them with limited time to cook from scratch at home and drove down in-home consumption. However, consumers continued to cook at h ... Read More
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Cooking Ingredients and Meals in Switzerland
Cooking Ingredients and Meals in Switzerland In 2023, cooking ingredients and meals experienced positive growth. Several factors contributed to this positive outlook. Convenience emerged as a pivotal element, with consumers seeking easy and time-efficient meal preparation options. The health and wel ... Read More
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Cooking Ingredients and Meals in Paraguay
Cooking Ingredients and Meals in Paraguay While value sales rose of cooking ingredients and meals rose in 2023, volume sales contracted. High inflation forced consumers to reduce the frequency of purchases. Nevertheless, while poverty and income inequality characterise Paraguay’s small economy, cook ... Read More
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Cooking Ingredients and Meals in Lebanon
Cooking Ingredients and Meals in Lebanon Demand for cooking ingredients and meals remained under huge pressure in 2023 as the impact of Lebanon’s severe socioeconomic crisis continued to undermine the spending power of much of the local population. However, the situation is improving slowly and this ... Read More
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Cooking Ingredients and Meals in Bangladesh
Cooking Ingredients and Meals in Bangladesh In 2023, a surge in living costs has driven price increases of 20-60% in cooking ingredients. As a result, demand has declined, especially among lower-middle-income consumers. To combat this, manufacturers have been focusing on smaller packs. On a more pos ... Read More
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Cooking Ingredients and Meals in Israel
Cooking Ingredients and Meals in Israel The cost of living continues to rise in Israel, and economic uncertainty is leading to wariness about investing in the domestic economy. Inflation reached the highest levels since 2008 in January 2023. Electricity prices rose by 9% in August 2022, and as the p ... Read More
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Cooking Ingredients and Meals in Argentina
Cooking Ingredients and Meals in Argentina While total current value sales growth for cooking ingredients and meals in Argentina in 2023 is set to be up markedly on the previous year, this is primarily because the country’s already chronically high inflation has skyrocketed due to the sharp devaluat ... Read More
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Cooking Ingredients and Meals in South Korea
Cooking Ingredients and Meals in South Korea There have been surges in raw material prices for cooking ingredients and meals in South Korea, primarily attributed to climate change and geopolitical issues, which are further pushing up the average unit price. This has created an upward trajectory in c ... Read More
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Cooking Ingredients and Meals in the US
Cooking Ingredients and Meals in the US The inflationary volatility of 2022 has continued into 2023, extending the impact on cooking ingredients and meals. Unit prices have climbed across categories in 2023, with edible oils seeing some of the largest jumps due to geopolitical strife and climate cri ... Read More
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Cooking Ingredients and Meals in Vietnam
Cooking Ingredients and Meals in Vietnam Retail value growth is stronger than volume in cooking ingredients and meals in Vietnam, due to inflationary pressures pushing up unit prices. That said, despite these economic pressures, volume growth is also relatively stable. We also note that foodservice ... Read More
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Cooking Ingredients and Meals in Algeria
Cooking Ingredients and Meals in Algeria An energy boom, caused by the war in Ukraine, continues to bolster national coffers in 2023. That being said, global inflationary pressures is leading to rising prices. As such, cooking ingredients and meals is expected to register an increase in current valu ... Read More
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HW Cooking Ingredients and Meals in Hong Kong, China
HW Cooking Ingredients and Meals in Hong Kong, China Local consumers have been paying greater attention to their diets as well as their gut health since the pandemic. As such, when consumers in Hong Kong choose cooking ingredients and meals, the natural claim is one of their main concerns. It is wid ... Read More
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HW Cooking Ingredients and Meals in Poland
HW Cooking Ingredients and Meals in Poland In 2022, more Polish consumers looked for vegan products within ready meals, and due to rising consumer demand, players expanded their portfolios. For instance, Iglotex expanded its vegan portfolio Proste Historie in the form of frozen vegan ready meals tha ... Read More
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HW Cooking Ingredients and Meals in Turkey
HW Cooking Ingredients and Meals in Turkey Turkey has a long history of consumers enjoying dips, although these are often either made from scratch at home, or consumed in neighbourhood restaurants. However, recently there has been an increase in the availability of packaged dips, which are tradition ... Read More
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HW Cooking Ingredients and Meals in the Netherlands
HW Cooking Ingredients and Meals in the Netherlands In general, there has been long-term growth in vegetarian cooking ingredients and meals. In 2022, there was a temporary dip in retail sales of these products, although this was mainly an adjustment after a sharp increase in retail sales of vegetari ... Read More
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HW Cooking Ingredients and Meals in the United Arab Emirates
HW Cooking Ingredients and Meals in the United Arab Emirates Since the pandemic, a rise has been seen in the number of consumers seeking active and healthy lifestyles, amidst the hybrid work model. Consumers have become more aware of and conscious of their food intake, and many are willing to spend ... Read More
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