Category: Oils & Fats
Oils & Fats 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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Edible Oils in Switzerland
Edible Oils in Switzerland In 2023, edible oils exhibited a robust performance, albeit under the influence of inflation. Unit prices surged due to escalating costs in commodities, energy, packaging, and transportation. The consumption of edible oils witnessed a steady rise during the review period, ... Read More
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Edible Oils in Argentina
Edible Oils in Argentina To secure an adequate domestic supply of edible oils and keep prices for consumers at affordable levels, early in 2023 the Argentinian government renewed its subsidy agreement with members of industry representative group CIARA (Chamber of the Oil Industry of the Argentine R ... Read More
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Edible Oils in Azerbaijan
Edible Oils in Azerbaijan In 2023, sunflower oil is witnessing moderate growth in retail volume terms compared to 2022 as unit prices fall. By some distance, it is the largest type of edible oil and is traditionally the cheapest oil per unit in Azerbaijan. The decrease in retail prices in 2023 is li ... 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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Edible Oils in Malaysia
Edible Oils in Malaysia Olive oil saw retail volume sales decline in 2023 at the same time as witnessing current value growth as unit prices continued to rise significantly. Most of the brands operating in the category, including Bertolli, Colavita, Naturel, and Filippo Berio, amongst others, are im ... 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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Edible Oils in South Africa
Edible Oils in South Africa Both retail volume and current value sales of edible oils are set to see strong declines in 2023. After two years of exceptionally strong growth, the average unit prices of vegetable and seed oils have started to normalise over 2023, with prices falling significantly. Exp ... Read More
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Edible Oils in Belgium
Edible Oils in Belgium The impact of the inflation crisis and of the spike in raw material prices had a huge impact on edible oils in both 2022 and 2023. Products such as rapeseed oil and sunflower oil experienced extreme price increases in 2022, while olive oil suffered from a similar situation in ... 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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Edible Oils in Israel
Edible Oils in Israel Edible oil prices continue to rise as a result of both local and domestic pressures and high inflation, which drives up the cost of amenities essential for manufacturing, such as water and electricity. Recent droughts and poor sunflower seed harvests in Canada, followed by the ... 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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