Category: Food
Africa Food
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Staple Foods in Nigeria
... the industry, driving unit prices upwards and weakening consumer purchasing power. In response to these dynamics, industry players have adopted various strategies to mitigate the impact of these challenges. For instance, manufacturers have increasingly turned ... Read More
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Vanilla Bean Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
... global vanilla beans market is projected to grow at a value-based CAGR of 5.0% during 2024-2031, with revenues increasing from USD 2.69 billion in 2024 to USD 3.77 billion by 2031. Growth is driven by ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Tunisia
... tinned tune, continues to account for most value sales, and is considered an affordable source of protein and is heavily promoted in modern grocery retailers . Euromonitor International's Processed Meat, Seafood and Alternatives to Meat ... Read More
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Cooking Ingredients and Meals in Morocco
... rising costs of energy and raw materials, with national inflation reaching 6.2% in 2023. Coupled with the country's sixth consecutive year of drought, key agricultural outputs like olive oil and tomatoes have been severely impacted, ... Read More
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Cooking Ingredients and Meals in Nigeria
... largely essential, many consumers have been compelled to reduce consumption or switch to more affordable alternatives. This shift in behaviour has created a dual dynamic: while some essential categories, such as tomato pastes and purées, ... Read More
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Edible Oils in Nigeria
... Inflation, which has continued from 2023, has contributed to substantial increases in the unit prices of edible oil brands. Nonetheless, the category has managed to achieve marginal volume growth in 2024, as consumers, constrained by ... Read More
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Meals and Soups in Nigeria
... by the majority of Nigerian consumers, and the weakened disposable income of middle- and lower-income groups has further reduced demand. This sensitivity to pricing has been exacerbated by steep increases in unit prices, discouraging purchases. ... Read More
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Breakfast Cereals in Nigeria
... cereals, coupled with the broader economic situation, has resulted in reduced consumption, while simultaneously driving strong growth in current value sales. Consumers have been highly price-sensitive, leading many to opt for cheaper alternatives, such as ... Read More
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Edible Oils in Morocco
... 2023, following the suspension of import duties on raw oilseeds such as sunflower, soybean, and rapeseed in June 2022, growth in volume sales has remained subdued. Many consumers have adjusted their habits, opting to reduce ... Read More
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Breakfast Cereals in Morocco
... non-essential products such as breakfast cereals. With tighter household budgets, many have shifted to more affordable alternatives, such as bread-based meals, which are perceived to be both more economical and filling compared to breakfast cereals. ... Read More
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Sauces, Dips and Condiments in Cameroon
... for packaged herbs, spices, tomato paste, and stock cubes, all of which are staples in the average Cameroonian kitchen. Price sensitivity has intensified, with consumers opting for the most cost-effective solutions to meet their daily ... Read More
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Breakfast Cereals in Tunisia
... nutritional benefits of breakfast cereal, as well as the convenience, is driving growth, with players positioning breakfast cereal as providing health benefits. Children’s breakfast cereals continues to account for most value sales. Euromonitor International's Breakfast ... Read More
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Sweet Spreads in Nigeria
... them as non-essential compared to margarine, the dominant bread spread. Furthermore, the depreciation of the naira has significantly driven up unit prices, especially for imported brands, leading to a reduction in overall consumption. Euromonitor International's ... Read More
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Staple Foods in Morocco
... Ukraine have continued to exert upward pressure on global energy and raw material prices, including staple food categories. Inflation reached a significant 6.2% in 2023, exacerbating the cost-of-living crisis for many households and dampening consumption ... Read More
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Cooking Ingredients and Meals in Cameroon
... 85% of the edible oil market. This shift represents a crucial development for a market previously beleaguered by volatility. Euromonitor International's Cooking Ingredients and Meals in Cameroon report offers in-depth knowledge of the market at ... Read More
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Staple Foods in Tunisia
... continuing high inflation and also slower growth in the economy, as Tunisia grapples with persistent drought and external financing challenges, aligned with increasing debt. Euromonitor International's Staple Foods in Tunisia report offers in-depth knowledge of ... Read More
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Edible Oils in Kenya
... in the year. To manage these price increases and maintain consumer demand, companies are offering smaller pack sizes to make products more affordable. In addition, some brands like Avena have introduced promotional offers, such as ... Read More
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Sweet Spreads in Morocco
... towards healthier and more traditional alternatives like olive oil, honey, and argan oil, especially for breakfast. Rising unit prices, particularly in chocolate spreads, have exacerbated the decline in demand for indulgent products, which are perceived ... Read More
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Edible Oils in Cameroon
... towards more economical options such as crude and refined palm oil. These products remain dominant compared to soy, sunflower, and olive oils due to their relative affordability and entrenched culinary relevance. Crude palm oil, priced ... Read More
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Processed Fruit and Vegetables in Morocco
... processed vegetables and the continued underperformance of frozen options. Consumers have shown a marked inclination for shelf-stable vegetables, particularly where fresh alternatives are either scarce or prohibitively expensive. Products such as maize, mushrooms, and peas ... Read More
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Cooking Ingredients and Meals in Kenya
... import taxes have resulted in a rise in final product prices in the year. Trufoods Ltd reported a 6% price increase, driven by higher raw material and transport costs, as well as currency fluctuations??. Unilever, ... Read More
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Meals and Soups in Cameroon
... Ready meals and packaged soup are also considered to be unnecessarily expensive products and this also contributes to low consumer interest. Dry soup is the only product with any significant presence, but value sales are ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Morocco
... This decline is largely driven by the growing health and wellness trend, which has led Moroccan consumers to increasingly shun processed meats due to concerns about additives and preservatives used to extend shelf life. Fresh ... Read More
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Rice, Pasta and Noodles in Morocco
... unpackaged, loose products has had a notable impact, as these alternatives offer a cost advantage that resonates with budget-conscious households. Loose rice and pasta, which account for nearly 20% of total sales, continue to attract ... Read More
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Sauces, Dips and Condiments in Morocco
... of herbs and spices, which have driven consumers to seek more affordable alternatives. Stock cubes are perceived as cost-effective substitutes for traditional spice mixes, prompting significant consumer uptake. Manufacturers have capitalised on this trend by ... Read More
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