Category: Food & Beverage
Africa Food & Beverage
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Sugar Confectionery in Kenya
... been rising. For instance, reduced local production of sugar cane, declining imports, and global shortages have been driving up the prices of sugar, making it more expensive to produce products such as sugar confectionery. Higher ... Read More
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Gum in Nigeria
... unit prices, catalysed by persistent inflationary pressures in the economy that have diminished consumers' purchasing power and compelled them to focus on essential items. Euromonitor International's Gum in Nigeria report offers in-depth knowledge of the ... Read More
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Sugar Confectionery in Nigeria
... at a substantially more tempered pace. The main factors behind the decline in volume during 2022 were inflationary conditions and steep unit price increases. Although economic conditions have seen some improvement in 2023, they remain ... Read More
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Chocolate Confectionery in Nigeria
... from 2022 into 2023, notably curbing consumers' purchasing power. Euromonitor International's Chocolate Confectionery in Nigeria report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition ... Read More
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Savoury Snacks in Nigeria
... have negatively impacted consumer spending power, thereby limiting the demand for these snacks. Interestingly, many savoury snacks have cheaper unpackaged substitutes available in the market, such as nuts and popcorn. The existence of these economical ... Read More
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Ice Cream in Nigeria
... spurred by a depreciated local currency and various local elements such as the surge in fuel prices. These factors have adversely affected consumer purchasing power, although economic conditions have stabilised somewhat in 2023 compared to ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Nigeria
... began in 2022. This trend was largely driven by enduring inflationary conditions - a result of the depreciation of the local currency, which has eroded consumer spending power. The state of affairs persists into 2023, ... Read More
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Snacks in Ghana
... increases in price. Prices have risen as manufacturers have passed on significant increases in the costs of raw materials, packaging, energy, storage and transportation to consumers. In the context of broader rises in the cost ... Read More
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Middle East And Africa Plant-based Food And Beverage Market 2023-2030
... 2023 and 2030 at a compound annual growth rate of 10.63%. The countries examined in the region include the United Arab Emirates, Saudi Arabia, Turkey, South Africa, and the Rest of the Middle East & ... Read More
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Snacks in Nigeria
... was seen in 2022’s sharp fall. Inflationary pressures mean local consumers are suffering from curbed incomes and thus reducing their spending in several areas, including snacks. Though most items within snacks tend to be affordable ... Read More
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Tobacco in Nigeria
... the global recovery from the pandemic, the fallout of Russia’s invasion of Ukraine and the depreciation of the naira. With high inflation eroding purchasing power and causing the general cost of living to soar, rapidly ... Read More
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Middle East and Africa (MEA) Agtech Market Summary, Competitive Analysis and Forecast to 2027
... and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights AgTech refers to the use of technology in ... Read More
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Gum in South Africa
... driven by price rises, value-added options, and flavour innovation. New launches have focused on fruit and mint flavours in two main pack sizes to accommodate consumers with varying budgets. As they are considered the consumers ... Read More
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Savoury Snacks in South Africa
... production of potatoes used in the production of potato chips. While the price of edible oils has reduced thanks to improved local production and the stabilisation of oil prices globally, manufacturing costs continue to increase, ... Read More
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Snacks in South Africa
... well as consumers, as loadshedding has been implemented almost every day, averaging at stage 4 for the year (at the time of writing this report), which means that consumers experience power cuts for three to ... Read More
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Ice Cream in South Africa
... four two-hour slots per day. As a result, consumers have cut their purchases of non-essential freezer items such as ice cream in order to avoid the possible spoilage of products. Furthermore, rising food prices, interest ... Read More
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South Africa Ice Cream Market Summary, Competitive Analysis and Forecast to 2027
... 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The ice cream market consists of artisanal ice cream (both dairy ... Read More
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Chocolate Confectionery in South Africa
... flavours, and digital campaigns, stronger volume declines would have been a reality across categories, as consumers have focused on reducing their spending on non-essential items. Limited-edition launches have proven to be effective in driving sales ... Read More
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Sugar Confectionery in South Africa
... to see double-digit growth in unit prices as a result of rising production costs, such as added overhead costs for back-up power generation, and rising prices of raw materials. In 2020, the government signed the ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in South Africa
... unit prices in South Africa. During 2023 unit prices are set to increase by double digits, driven by higher raw materials costs, such as wheat flour, palm oil, and sugar, and further increases in production ... Read More
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Snacks in Tunisia
... higher retail prices. In retail volume terms, snacks is growing at a slightly faster pace than in 2022, but inflation and lower purchasing power are curbing demand and limiting overall growth potential. The launch of ... Read More
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Savoury Snacks in Tunisia
... snacks category, with marketing campaigns a key driver of retail volume and current value growth. Manufacturers continue to make a sizeable investment in potato chips. In 2023, international brand Lay’s is showing a good performance ... Read More
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Sugar Confectionery in Morocco
... often give sweets instead of change to customers, if the amount owed is minimal. However, volume growth slowed in 2023, due to a combination of the uncertain economic climate and rising health awareness. With inflation ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Morocco
... This was supported by the trend towards away-from-home consumption, following the return to pre-pandemic lifestyles, Moreover, manufacturers such as Mondelez Maroc and Stock Pralim SA became more aggressive in introducing new ranges of biscuits that ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Tunisia
... popular product in Tunisia and is also one of oldest sweet filled biscuits available. However, the launch of the wafer variant has helped to support brand sales, with demand skyrocketing and the brand becoming out ... Read More
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