Category: Oils & Fats
Oils & Fats market research reports by Euromonitor International
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Cooking Ingredients and Meals in Asia Pacific
Cooking Ingredients and Meals in Asia PacificAfter China scrapped its zero-COVID policy at the end of 2022, retail sales declined in this country in both volume and real value terms in 2023. As consumers’ lives returned to normal, this resulted in a shift from cooking at home to eating out at foodse ... Read More
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Cooking Ingredients and Meals in Western Europe
Cooking Ingredients and Meals in Western EuropeAfter the pandemic resulted in a spike in demand for retail sales of cooking ingredients and meals in Western Europe in 2020, the volume performance was hit by high inflation in 2022 and 2023. This has been favouring growing shares for discounters and p ... Read More
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Cooking Ingredients and Meals in Latin America
Cooking Ingredients and Meals in Latin AmericaFollowing the major spike in demand seen in 2020, when the COVID-19 restrictions meant more cooking and eating at home, sales in real value terms have continued to increase, albeit at a slower rate. This is in spite of the inflationary environment being ... Read More
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Cooking Ingredients and Meals in Middle East and Africa
Cooking Ingredients and Meals in Middle East and AfricaPreparing and eating more meals at home meant that cooking ingredients and meals saw a spike in demand when the pandemic hit Middle East and Africa in 2020. However, in recent years, including 2023, volume sales have been struggling in the face ... Read More
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Cooking Ingredients and Meals in North Macedonia
Cooking Ingredients and Meals in North Macedonia In 2023, cooking ingredients and meals experienced robust volume growth alongside strong double-digit percentage increases in value terms. These achievements were largely driven by ongoing inflationary pressure and rising unit prices across all produc ... Read More
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Edible Oils in North Macedonia
Edible Oils in North Macedonia In 2023, edible oils witnessed stagnant retail volume growth, primarily due to static consumer demand and the saturation of leading categories, notably sunflower oil. Despite this, inflation significantly impacted unit prices, resulting in robust double-digit percentag ... Read More
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Edible Oils in Thailand
Edible Oils in Thailand Olive oil is seeing a return to popularity, with a rebound in robust retail volume growth, thanks to ongoing health and wellness trends and the fact olive oil is perceived to be a healthy product. The increasing popularity of Western cuisines, which often use olive oil, is al ... Read More
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Cooking Ingredients and Meals in Thailand
Cooking Ingredients and Meals in Thailand Cooking ingredients and meals is showing an overall positive performance in 2023, in both value and volume terms, and in both retail and foodservice. Whilst consumers remain somewhat price-sensitive and continue to seek value for money, we are also starting ... Read More
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HW Cooking Ingredients and Meals in Switzerland
HW Cooking Ingredients and Meals in Switzerland 2022 saw demand continue to increase across numerous categories of health and wellness cooking ingredients and meals, with these positive growth trends very much in line with the prevailing attitudes among Swiss consumers towards the dangers of excessi ... Read More
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HW Cooking Ingredients and Meals in Austria
HW Cooking Ingredients and Meals in Austria During 2022, convenience and health and wellness remained two of the most important megatrends influencing demand patterns among Austrian consumers and this combination of a desire to eat healthier types of convenience food supported strong growth in deman ... Read More
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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 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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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 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 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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