Category: Soups
Soups market research reports by Euromonitor International
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Cooking Ingredients and Meals in Lebanon
Cooking Ingredients and Meals in Lebanon Lebanon remains embroiled in an economic crisis with elevated inflation and a weak local currency negatively impacting consumer purchasing power with many consumers struggling to afford basic essentials, while local businesses have seen their margins squeezed ... Read More
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Meals and Soups in Vietnam
Meals and Soups in Vietnam Ready meals is expected to remain the only category within meals and soups in Vietnam with notable sales in 2024. This category is set to record retail volume and current value growth in 2024, driven by strength in dried ready meals and shelf stable ready meals. Nonetheles ... Read More
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Meals and Soups in Indonesia
Meals and Soups in Indonesia The market for meals and soups in Indonesia experienced another year of positive growth in 2024, both in volume and current value terms. Frozen ready meals and frozen soups remained the dominant subcategories by retail value, largely driven by the increasingly fast-paced ... Read More
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Meals and Soups in Israel
Meals and Soups in Israel In meals and soups, the supply of prepared salads has been impacted by the Israel-Hamas war. Strauss Group has a production facility in Gaza and was closed for one month following the start of the war. Manufacturers have been unable to maintain production levels due to fluc ... Read More
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Meals and Soups in Switzerland
Meals and Soups in Switzerland Meals and soups posted a solid performance in Switzerland in 2024. This can be attributed to the establishment of hybrid work formats, and convenience and on-the-go consumption trends. The category also experienced price increases due to higher costs for manufacturers, ... Read More
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Meals and Soups in Tunisia
Meals and Soups in Tunisia The prices of meals and soups in Tunisia are recording an historical increase in 2024 due to inflation and increased production costs. As a result, demand is stagnating in the year. Meals and soups brands target upper-income consumers and foreigners, and are mostly sold in ... Read More
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Meals and Soups in Morocco
Meals and Soups in Morocco Moroccan consumers in 2024 have exhibited pronounced price sensitivity, which has significantly influenced the performance of meals and soups. Ready meals have seen minimal development as manufacturers have reduced their focus on the category. This trend aligns with consum ... Read More
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Meals and Soups in Bosnia and Herzegovina
Meals and Soups in Bosnia and Herzegovina Meals and soup in Bosnia and Herzegovina is expected to register moderate constant value growth in 2024, as inflation eases significantly. However, volume growth is expected to be minimal, due to a continuing declining population. That being said, consumers ... Read More
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Meals and Soups in Kenya
Meals and Soups in Kenya Inflation has made Kenyan consumers more price-sensitive in 2024, impacting their purchasing decisions in the meals and soups category. They are paying closer attention to discounts and deals, and some are even switching brands or stores in order to save money. This price se ... Read More
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Meals and Soups in Poland
Meals and Soups in Poland Meals and soup is expected to register healthy constant value growth, as inflation eases, as well as moderate volume growth in Poland in 2024. Meals is expected to register higher volume growth than soup, with frozen pizza, frozen and shelf stable ready meals being the bigg ... Read More
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Meals and Soups in Nigeria
Meals and Soups in Nigeria Inflationary pressures in 2024 have significantly hampered the performance of meals and soups in Nigeria, with volume sales experiencing notable declines. Products in this category are widely regarded as non-essential by the majority of Nigerian consumers, and the weakened ... Read More
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Meals and Soups in Cameroon
Meals and Soups in Cameroon Meals and soups in Cameroon continues to account for minimal value sales in 2024. These products have limited presence on retail shelves and this means that consumer awareness is low. Ready meals and packaged soup are also considered to be unnecessarily expensive products ... Read More
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Meals and Soups in Brazil
Meals and Soups in Brazil Brazil’s macroeconomic scenario in 2023 and 2024 has been marked by a mix of positive and challenging factors. While the country has experienced robust economic growth, driven by a strong labour market and fiscal transfers, inflationary pressures and rising interest rates h ... Read More
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Meals and Soups in Japan
Meals and Soups in Japan In 2024, meals and soups in Japan is expected to continue the trend from 2023 and see a retail volume decline. Following positive growth since the onset of the pandemic, retail current value sales are also set to turn to decline in 2024. This downturn is particularly evident ... Read More
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HW Cooking Ingredients and Meals in South Africa
HW Cooking Ingredients and Meals in South Africa In South Africa, many consumers have been reducing their spending on non-essentials due to the rising cost of living and to balance household budgets. Despite these pressures, healthy eating remained top of mind with consumers of all income groups in ... Read More
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Meals and Soups in Malaysia
Meals and Soups in Malaysia Retail value sales of meals and soups are expected to fall in current terms in Malaysia in 2024. However, frozen ready meals is set to see growth in both retail volume and value terms during the year, supported by product innovation. CJ Foods introduced bibigo halal Korea ... Read More
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Meals and Soups in North Macedonia
Meals and Soups in North Macedonia Meals and soups in North Macedonia has shown another solid performance in 2024, with retail volume growth anticipated to be up modestly on 2023 and the majority of categories set to register positive results in this regard. Overall demand continues to be buoyed by ... Read More
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Meals and Soups in Uruguay
Meals and Soups in Uruguay Frozen pizza witnessed volume growth in retail volume terms in 2024 following six consecutive years of decline, with sales supported by the recovery of purchasing power in Uruguay. Being a cheaper alternative, home-made pizza gained ground in previous years due to high inf ... Read More
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Meals and Soups in Uzbekistan
Meals and Soups in Uzbekistan Meals and soups in Uzbekistan is undergoing substantial growth in 2024, with marked increases in both the number of market players and the variety of products available compared to previous years. This growth is underpinned by strong consumer interest in convenience, es ... Read More
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Meals and Soups in Slovenia
Meals and Soups in Slovenia Meals and soup is expected to register positive volume growth in Slovenia in 2024. Consumers are leading increasingly busy lives and appreciate the convenience. Ready meals account for most values sales and within that, chilled ready meals are the largest segment in terms ... Read More
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Meals and Soups in Serbia
Meals and Soups in Serbia Meals and soup is expected to register positive volume growth in Serbia in 2024. Consumers are leading increasingly busy lives and appreciate the convenience. Dry soup accounts for most values sales; however, it is ready meals and in particular frozen ready meals that is ex ... Read More
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Meals and Soups in Latvia
Meals and Soups in Latvia Meals and soups in Latvia experiences steady growth in 2024, though significant sales breakthroughs remain elusive. In comparison to 2023, consumer interest in convenience remains high, especially among those with busy lifestyles, but economic factors, particularly concerns ... Read More
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Meals and Soups in Mexico
Meals and Soups in Mexico Meals and soups is seeing slightly stronger volume sales in Mexico in 2024, compared to 2023. This is attributed to the fact that price hikes were significant in 2023, supporting stronger value sales, but suppressing potential volume. In 2024, price increases are more moder ... Read More
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Meals and Soups in Saudi Arabia
Meals and Soups in Saudi Arabia Meals and soups is set to record healthy current value growth in Saudi Arabia in 2024 with frozen pizza registering the strongest growth amongst the subcategories. This growth is set to be driven by rising demand for convenient, ready-to-eat options amongst younger co ... Read More
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Meals and Soups in Egypt
Meals and Soups in Egypt In 2024, the volume of meals and soups available in Egypt has declined, while retail selling prices have risen significantly. This shift is largely due to the Egyptian pound’s devaluation in March 2024, during which the currency lost 60% of its value. This devaluation has le ... Read More
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