Category: Food & Beverage
Food & Beverage market research reports by Euromonitor International
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Soft Drinks in Canada
Soft Drinks in Canada Soft drinks in Canada reported a slowdown in current value sales in 2024 as price growth eased, although total volume sales remained steady. The inflation rate cooled in 2024, but the cost of living remained high in Canada and consumers were still highly price sensitive. Health ... Read More
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Staple Foods in Indonesia
Staple Foods in Indonesia The market for staple foods in Indonesia demonstrated solid growth in current value terms in 2024, continuing the trend of the previous year. Most categories experienced lower unit price growth compared to 2023, driven by easing global supply chain disruptions. However, pro ... Read More
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Staple Foods in Angola
Staple Foods in Angola In 2024, the staple foods market in Angola faced challenges due to inflation and fluctuations in currency exchange rates. An insufficient supply of locally produced raw materials maintained the importance of imports and contributed to rising prices. Economic challenges encoura ... Read More
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Hot Drinks in Dominican Republic
Hot Drinks in Dominican Republic Hot drinks in Dominican Republic registered healthy current value and more modest volume growth in 2024. An improving economy, as well as lower inflation, contributed to volume growth. In addition, high tourist numbers also boosted volume sales. Euromonitor Internati ... Read More
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Staple Foods in Ghana
Staple Foods in Ghana The staple foods market in Ghana continued to be significantly impacted by inflation in 2024. Prices rose across product categories with an increasing proportion of consumers’ disposable incomes being required for staple foods, while the broader increase in the cost of living p ... Read More
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Baked Goods in Indonesia
Baked Goods in Indonesia In 2024, unit price growth of baked goods in Indonesia began to normalise after two consecutive years of steep increases. This is largely attributable to the restoration of global supply chains and easing tensions among major exporters, which is significant for Indonesia due ... Read More
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Rice, Pasta and Noodles in Indonesia
Rice, Pasta and Noodles in Indonesia In 2024, the Indonesian market for rice, pasta, and noodles continued to expand in retail volume terms, despite ongoing price increases. The retail unit price of rice grew at a higher rate than in 2023, driven by a decline in domestic rice production. Adverse wea ... Read More
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Juice in Canada
Juice in Canada The juice category in Canada registered a flat performance in 2024 driven by health concerns around sugar content which has led to the shift away from juice products. Fuelled by the abundance of research online about the high sugar content of fruit juices, including fresh ones, consu ... Read More
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Energy Drinks in Canada
Energy Drinks in Canada Energy drinks in Canada continue to face headwinds as current value and volume growth slowed down significantly in 2024. The category, marred by its increasingly negative perception, continues to face strong competition from healthier alternatives, particularly powdered conce ... Read More
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Coffee in Dominican Republic
Coffee in Dominican Republic Dominican Republic continued to be a nation of coffee drinkers in 2024, in a country where coffee growing is a significant industry and coffee drinking is a part of the culture. In 2024, coffee registered healthy current value, though volume growth was more modest in wh ... Read More
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RTD Tea in Canada
RTD Tea in Canada In 2024, RTD tea in Canada witnessed relatively flat compared to recent years. The product has strong appeal among younger consumers in the Gen Z cohort who are drawn to its health association with tea. Carbonated RTD tea is considered a healthier alternative to carbonates and suga ... Read More
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Sports Drinks in Canada
Sports Drinks in Canada Sports drinks saw volume sales decline in 2024, as the category faced headwinds from several competing products in Canada. Hydration sticks/drinks have emerged in powder concentrates causing some challenges for the sports drinks category as they provide a convenient single se ... Read More
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Cooking Ingredients and Meals in Tanzania
Cooking Ingredients and Meals in Tanzania The growth in the demand for cooking ingredients and meals in Tanzania in 2024 was supported by population growth, a developing middle class and wider distribution. However, high prices, unpackaged and home-made alternatives and a strong informal market hind ... Read More
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Hot Drinks in Côte d'Ivoire
Hot Drinks in Côte d'Ivoire During 2024, retail volume sales of hot drinks expanded, supported by urbanisation, population growth, and continued recovery of the economy since the end of the pandemic. However, the market now faces a new set of challenges due to global inflation rates and fuel price h ... Read More
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Processed Fruit and Vegetables in Indonesia
Processed Fruit and Vegetables in Indonesia In 2024, retail unit price growth for processed fruits and vegetables in Indonesia decelerated compared to 2023. However, retail volume growth remained stable, as unit prices continued to be significantly higher than in previous years. A major factor contr ... Read More
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Concentrates in Canada
Concentrates in Canada Concentrates in Canada registered an impressive performance in 2024 driven by stronger demand and consumption. Both liquid and powder concentrates are seeing a revival in demand stimulated by new product development and promotional activity. The wider availability of concentra ... Read More
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Other Hot Drinks in Dominican Republic
Other Hot Drinks in Dominican Republic After coffee, other hot drinks, and in particular chocolate-based flavoured powder drinks, are the most popular hot drink in Dominican Republic in 2024. However, it registered a significant decrease in volume sales in 2024 due to a shortage of supply in retail ... Read More
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Tea in Dominican Republic
Tea in Dominican Republic Volume sales of tea continued to be low in Dominican Republican in 2024. However, tea registered healthy volume growth in what is an immature product area, with plenty of room for growth. Though tea is generally more expensive than coffee in Dominican Republic, price increa ... Read More
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Energy Drinks in South Africa
Energy Drinks in South Africa Following several years of double-digit growth, off-trade volume sales of energy drinks in South Africa are slowing, but growth still remains above the average for soft drinks overall. Two factors are contributing to the slower growth for energy drinks compared to the p ... Read More
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Carbonates in South Africa
Carbonates in South Africa Demand for carbonates in South Africa continues to rise in 2024, but pack size remains a primary indicator of consumer preferences regarding value for money and bulk purchase discounts. During the year, inflation has slowed, but remains a challenge for consumers, especiall ... Read More
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RTD Tea in South Africa
RTD Tea in South Africa Albeit from a low base, off-trade volume sales of carbonate RTD tea and kombucha in South Africa continue to record solid growth in 2024, leading to further share gain and now the dominance of Happy Culture Kombucha in this space. The brand’s success is being supported by the ... Read More
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Concentrates in South Africa
Concentrates in South Africa In 2024, the affordability of concentrates in South Africa remains one of the key drivers of demand for the category. Despite shifts towards perceived healthier beverages, many South Africans continue to purchase concentrates based on cost-effect pricing. In addition, th ... Read More
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Coffee in Tunisia
Coffee in Tunisia Instant standard coffee in Tunisia has experienced stagnation in demand during 2024, primarily due to significant price increases. Local coffee manufacturers have attributed this development to the rising global prices of coffee beans, particularly those imported from major supplie ... Read More
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Bottled Water in India
Bottled Water in India Bottled water in India is expected to maintain dynamic growth by all measures in 2024, with double-digit increases in sales both on-trade and off-trade, in both volume and current value terms. The ongoing growth in demand for bottled water in India can primarily be attributed ... Read More
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Sports Drinks in India
Sports Drinks in India Sports drinks in India, which only has a presence off-trade, is expected to maintain double-digit growth rates in both volume and current value terms in 2024. Nevertheless, sales of sports drinks continue to lag many other soft drinks categories, such as juice, carbonates, and ... Read More
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