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Cooking Ingredients and Meals in Sri Lanka

Published Dec 04, 2025
Length 39 Pages
SKU # EP20639397

Description

In 2025, value sales of meals and cooking supplies are set to see moderate growth, with mixed consumer sentiment affecting the marketplace. For instance, while price sensitivity remained high due to ongoing inflation and cost-of-living pressures, demand for essential categories, such as basic sauces, spices, and edible oils remained steady.

Euromonitor International's Cooking Ingredients and Meals in Sri Lanka report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2020-2024, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are currently shaping the market along with prospects for the next five years, clearly indicating how the market is expected to change.

Product coverage: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report??
* Get a detailed picture of the Cooking Ingredients and Meals market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

39 Pages
Cooking Ingredients and Meals in Sri Lanka
Euromonitor International
December 2025
List Of Contents And Tables
COOKING INGREDIENTS AND MEALS IN SRI LANKA
EXECUTIVE SUMMARY
Steady demand for essentials despite high price sensitivity
KEY DATA FINDINGS
INDUSTRY PERFORMANCE
Consumers endeavour to strike a balance between affordability and comfort
Growing health consciousness boosts interest in natural formulas and health and wellness products
Desire to make costs savings boosts the popularity of private label and influences choice of pack sizes
WHAT’S NEXT?
Moderate growth of cooking ingredients and meals over the forecast period
Industry players focus on price effectiveness, regional expansion and targeted marketing
Evolving distribution boosts modern grocery retailers and retail e-commerce though small local grocers remains vital
COMPETITIVE LANDSCAPE
Pyramid Wilmar Pvt Ltd leads in cooking ingredients and meals with its Fortune brand of edible oil
Edinborough Products (Pvt) Ltd achieves the fastest growth
CHANNELS
Small local grocers dominates the distribution of cooking ingredients and meals
Retail e-commerce experiences dynamic growth as consumers appreciate the convenience
CHART 1 Cooking Ingredients and Meals: Supermarket
CHART 2 Cooking Ingredients and Meals: Supermarket
MARKET DATA
Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2020-2025
Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2020-2025
Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2020-2025
Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2020-2025
Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2021-2025
Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2021-2025
Table 7 Distribution of Cooking Ingredients and Meals by Format: % Value 2020-2025
Table 8 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2025-2030
Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2025-2030
Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2025-2030
Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
EDIBLE OILS
Key Data Findings
2025 Developments
Consumer price sensitivity boosts the popularity of less expensive substitutes
Industry Performance
Many global and local players in a variety of industries are dependent on local palm oil production
Coconut oil and olive oil are valued for their associated healthy qualities, while most consumers prioritise price
What’s Next?
Forecast period sales growth of edible oils as price sensitivity alleviates somewhat
The health and wellness trend stimulates demand for better for you edible oils
Growing importance of innovation and sustainability
Competitive Landscape
Pyramid Wilmar Pvt Ltd retains the lead with its Fortune brand
In addition to Pyramid Wilmar Pvt Ltd, Sunshine Holdings records strong growth
Channels
Small local grocers retains the outright lead in the distribution of edible oils
Retail e-commerce achieves significant growth from a low base
Category Data
Table 12 Sales of Edible Oils by Category: Volume 2020-2025
Table 13 Sales of Edible Oils by Category: Value 2020-2025
Table 14 Sales of Edible Oils by Category: % Volume Growth 2020-2025
Table 15 Sales of Edible Oils by Category: % Value Growth 2020-2025
Table 16 NBO Company Shares of Edible Oils: % Value 2021-2025
Table 17 LBN Brand Shares of Edible Oils: % Value 2021-2025
Table 18 Forecast Sales of Edible Oils by Category: Volume 2025-2030
Table 19 Forecast Sales of Edible Oils by Category: Value 2025-2030
Table 20 Forecast Sales of Edible Oils by Category: % Volume Growth 2025-2030
Table 21 Forecast Sales of Edible Oils by Category: % Value Growth 2025-2030
MEALS AND SOUPS
Price sensitivity dampens sales of meals and soups
Meals and soups faces several barriers to wider adoption
Dry soup remains by far the more popular category with frozen pizza growing from a highly niche base
Improving economic scenario boosts demand for convenience as consumer confidence improves
Product innovation is influenced by health and wellness factors
Industry increasingly characterised by technologically and sustainability
Competitive Landscape
Ceylon Biscuits retains the lead in meals and soups
Among “others” Keells is becoming a more important player
Small local grocers leads in the distribution of meals and soups
Retail e-commerce records the fastest growth in 2025
Table 22 Sales of Meals and Soups by Category: Volume 2020-2025
Table 23 Sales of Meals and Soups by Category: Value 2020-2025
Table 24 Sales of Meals and Soups by Category: % Volume Growth 2020-2025
Table 25 Sales of Meals and Soups by Category: % Value Growth 2020-2025
Table 26 NBO Company Shares of Meals and Soups: % Value 2021-2025
Table 27 LBN Brand Shares of Meals and Soups: % Value 2021-2025
Table 28 Forecast Sales of Meals and Soups by Category: Volume 2025-2030
Table 29 Forecast Sales of Meals and Soups by Category: Value 2025-2030
Table 30 Forecast Sales of Meals and Soups by Category: % Volume Growth 2025-2030
Table 31 Forecast Sales of Meals and Soups by Category: % Value Growth 2025-2030
SAUCES, DIPS AND CONDIMENTS
Consumer price sensitivity shapes the category in 2025
The essential nature of sauces, dips and condiments boosts category sales
The nature of Sri Lankan cuisine benefits dry recipe sauces
Moderate forecast period sales with potential for specialised flavour profiles
Product innovation impacted by health and wellbeing
Industry players alter packaging to provide consumers with more convenience and to reduce their costs
Edinborough leads thanks to the variety of its table sauces
Edinborough records the strongest growth thanks to its increasing appeal in retail and foodservice
Small local grocers dominates in sauces, dips and condiments
Retail e-commerce develops rapidly from a low base
Table 32 Sales of Sauces, Dips and Condiments by Category: Volume 2020-2025
Table 33 Sales of Sauces, Dips and Condiments by Category: Value 2020-2025
Table 34 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2020-2025
Table 35 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2020-2025
Table 36 NBO Company Shares of Sauces, Dips and Condiments: % Value 2021-2025
Table 37 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2021-2025
Table 38 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2025-2030
Table 39 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2025-2030
Table 40 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2025-2030
Table 41 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2025-2030
SWEET SPREADS
Steady sales of sweet spreads
Jams and preserves benefits from widespread popularity across socioeconomic groups
Local honey production has an impact on category sales
Forecast period growth for sweet spreads
Demand for healthy sweet spreads rises
Greater investment in more convenient and environmentally-friendly packaging
Lake Canneries retains the outright lead with its MD brand
Cargills (Ceylon) Plc with Kist is the fastest growing player in 2025
Small local grocers dominates the distribution of sweet spreads
Retail e-commerce enjoys strong growth followed by supermarkets
Table 42 Sales of Sweet Spreads by Category: Volume 2020-2025
Table 43 Sales of Sweet Spreads by Category: Value 2020-2025
Table 44 Sales of Sweet Spreads by Category: % Volume Growth 2020-2025
Table 45 Sales of Sweet Spreads by Category: % Value Growth 2020-2025
Table 46 NBO Company Shares of Sweet Spreads: % Value 2021-2025
Table 47 LBN Brand Shares of Sweet Spreads: % Value 2021-2025
Table 48 Forecast Sales of Sweet Spreads by Category: Volume 2025-2030
Table 49 Forecast Sales of Sweet Spreads by Category: Value 2025-2030
Table 50 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2025-2030
Table 51 Forecast Sales of Sweet Spreads by Category: % Value Growth 2025-2030

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