Category: Food & Beverage
Africa Food & Beverage
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Dairy Products and Alternatives in Egypt
... risen more than 60% in 2023, following several waves of increase during 2022. These price changes have been due to global inflation, the high increase in raw material costs, and the war in Ukraine – ... Read More
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Baby Food in Cameroon
... been instrumental in driving up the prices of baby food. Both dried baby food and formula milk have experienced significant price hikes, with formula milk seeing the highest increase. The unit price of dried baby ... Read More
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Other Dairy in Cameroon
... in 2022. However, the first quarter of 2023 witnessed the most substantial price surge for condensed milk so far. The leading brand, Broil, saw its price rise from XAF1350 per kg at the end of ... Read More
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Plant-Based Dairy in Cameroon
... have yet to gain significant traction among consumers. Cultural preferences, familiarity with dairy-based products, and a lack of widespread awareness about plant-based options contribute to the minimal demand. Euromonitor International's Plant-based Dairy in Cameroon report ... Read More
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Yoghurt and Sour Milk Products in Egypt
... increases are driven by the rise in raw milk and animal feed prices, in addition to low supply and global inflation. Plain yoghurt is witnessing the best performance, with consumers preferencing the product for its ... Read More
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Plant-Based Dairy in Egypt
... due to the high inflation in Egypt and the increased cost of raw materials, including both milk and nuts. In addition, any imported raw materials doubled in price due to the devaluation of the Egyptian ... Read More
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Drinking Milk Products in Nigeria
... inflationary conditions continue to impact demand in 2023, albeit with a relatively improved situation compared to 2022. These conditions have significantly weakened consumer spending power, while unit prices continue to rise appreciably in 2022 due ... Read More
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Plant-Based Dairy in Morocco
... Trading led the way with Sojasun and Bjorg soya drink brands, respectively. However, limited availability in select modern stores, combined with the absence of robust advertising campaigns, hindered these products from reaching a broader consumer ... Read More
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Baby Food in South Africa
... formula is set to result in a retail volume decline for this category in 2023, as consumers have been trying to reduce their overall spending on food due to lower disposable incomes. Due to regulatory ... Read More
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Other Dairy in South Africa
... or luxury items. Economic challenges and soaring food prices have been leading to changes in consumer spending patterns, particularly during 2023, which have prompted individuals to allocate their budgets to staple food items, and reduce ... Read More
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Butter and Spreads in Cameroon
... remarkable transformation takes place. The dominance of these two oils has effectively marginalised the use of butter in Cameroonian cuisine, leaving little opportunity for its expansion. Furthermore, affordability plays a pivotal role. A litre of ... Read More
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Plant-Based Dairy in Nigeria
... unit pricing. Despite showing considerable growth over the review period, plant-based dairy remains a relatively niche category in Nigeria, rendering it non-essential in the eyes of most consumers. Euromonitor International's Plant-based Dairy in Nigeria report ... Read More
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Yoghurt and Sour Milk Products in Nigeria
... to inflationary conditions that affected both consumer affordability and unit prices. Inflation persists throughout 2023, influencing the pace of recovery. Nonetheless, yoghurt emerges as a substitute snack and dairy option for many consumers seeking alternatives ... Read More
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Butter and Spreads in Egypt
... growth. These price increases were due to butter being imported from countries such as New Zealand, with the devaluation of the Egyptian pound by more than 70% impacting its prices. For margarine and artificial ghee ... Read More
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Dairy Products and Alternatives in South Africa
... to record double-digit retail current value growth due to inflation, but inflation will also contribute to declining volume sales in most categories. Consumers have been prioritising housing and transport, leaving their food budget as the ... Read More
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Dairy Products and Alternatives in Cameroon
... in the double digits by the end of the 2023 fiscal year. This increase is primarily due to the rising prices of milk, as well as, to a lesser extent, dairy products and eggs. The ... Read More
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Drinking Milk Products in Cameroon
... of over 270,000 tonnes of fresh cow milk. It is important to note that there is an annual deficit of 130,000 tonnes in the country. Additionally, the demand for packaged fresh milk is quite low ... Read More
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Plant-Based Dairy in South Africa
... remains by far the biggest category, thanks its wide availability across supermarkets. However, South African consumers are also just starting to explore plant-based dairy options beyond milk, with plant-based yoghurt and cheese gaining traction in ... Read More
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Butter and Spreads in Morocco
... consumers. The burgeoning embrace of Western food items such as sandwiches, cakes, and cookies further bolsters its relevance. Although retail butter sales experienced a slight deceleration due to rising prices, a formidable competition emerges from ... Read More
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Butter and Spreads in Nigeria
... inflationary conditions throughout 2023 hinders a more substantial growth rate. Although unit prices for various categories witness a slower increase than in 2022, the inflationary pressures still exert a significant influence. The challenging economic climate, ... Read More
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Drinking Milk Products in Morocco
... dairy cows to offset losses and ensure survival. This led to a depletion of herds, resulting in a sharp decline in milk production. To counterbalance this setback, major dairy players like Cooperative Copag and Central ... Read More
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Other Dairy in Morocco
... small size, limited potential for innovation in some products, and the perception of slower growth potential might be reasons behind its relatively lower focus from dairy players. In 2023, the dairy industry's attention was directed ... Read More
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Dairy Products and Alternatives in Nigeria
... the local currency, increasing fuel costs, and a demonetisation policy of the government mean that consumers have to focus spending on the most essential products. Dairy products and alternatives remain fairly inessential for many consumers ... Read More
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Cheese in Cameroon
... The country’s cultural traditions do not deeply incorporate the consumption of cheese, resulting in a relatively undeveloped market for this dairy product. The culinary customs of Cameroon have traditionally revolved around staples such as yams, ... Read More
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Yoghurt and Sour Milk Products in Cameroon
... of the market. These local companies maintain their success due to robust and aggressive marketing strategies, extensive distribution networks spanning both urban and rural areas, innovative and distinctive packaging tailored to the local market conditions, ... Read More
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