Category: Food
Food market research reports by Euromonitor International
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The World Market for Fresh Food
In 2024, the fresh food industry continued to encounter the challenge of global inflationary pressure. Going forward, it faces economic and climate change uncertainty, negatively impacting supply and prices; however, affordability and health trends play in its favour. This report offers a global ove ... Read More
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Unilever Group in Snacks (World)
Unilever ranks sixth in overall snacks sales globally, but is the clear leader in the ice cream category, accounting for a fifth of retail value sales worldwide. However, 2024 is expected to be the last one in which Unilever’s ice cream business was included in the group’s overall earnings figures, ... Read More
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Nestlé SA in Cooking Ingredients and Meals (World)
Nestlé remains a leading player in cooking ingredients and meals globally, as it does in overall packaged food. However, share losses in recent years have seen it slip from first to third place in cooking ingredients and meals, although it has now identified a number of underperforming parts of the ... Read More
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ConAgra Brands Inc in Cooking Ingredients and Meals (World)
Thanks to its strength in the North American market, where it is a leading player in a number of categories, including ready meals, pickled products and tomato pastes and purées, ConAgra is a top 10 player in cooking ingredients and meals globally. Although it is very heavily exposed to its reliance ... Read More
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Supermarkets in South Africa
Supermarkets saw current value growth in Spain in 2024. The South African supermarkets landscape continues to grow, supported by diversified offerings targeting different market segments. However, the performance has been notable across budget friendly outlets, which have been attracting an increasi ... Read More
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Ting Hsin International Group in Staple Foods (World)
Ting Hsin, through its Master Kong brand, is the leading player in Chinese staple foods, thanks to its strong position in instant noodles. However, the company has a near negligible presence outside of this category and this country, exposing it to the vagaries of the Chinese market, including the f ... Read More
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Small Local Grocers in South Africa
Small local grocers saw current value growth in South Africa in 2024. Despite the evolution of mainstream modern grocery retail formats, South Africa's spaza shops continue to expand, playing a crucial role in township economies. These small, informal stores offer unmatched accessibility, often oper ... Read More
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Supermarkets in Germany
The slowdown in growth recorded by supermarkets in Germany in 2024 compared to the previous year was merely a reflection of lower inflation rates, particularly for groceries. When compared to discounters, the main other major grocery channel in Germany, supermarkets recorded a relative recovery in 2 ... Read More
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Small Local Grocers in Germany
With stagnant current value sales in 2024, small local grocers in Germany recorded the lowest growth among all grocery retailing channels. The weak performance by small local grocers was also driven by the continued decline in outlet numbers during the year, with some stores closing amid challenging ... Read More
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Competitor Strategies in Staple Foods
This report investigates the various strategies employed by staple foods companies in the current tough consumer spending environment. Attempts by major producers to grow volume sales face a significant challenge across this fragmented industry, while consumers are increasingly happy to seek out low ... Read More
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The Rise of Private Label Packaged Food in Latin America
Amid elevated prices and a stronger consumer focus on affordability, a more value favourable retail environment is driving the growth of private label packaged foods across Latin America. Retailers are expanding assortments, better understanding consumer needs, and partnering with quality suppliers. ... Read More
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Small Local Grocers in Morocco
Despite the rapid expansion of modern retail formats, small local grocers remain deeply rooted in Morocco’s retail ecosystem. Their widespread presence across urban and rural areas ensures continued accessibility, especially in neighbourhoods where modern grocery retail remains underpenetrated. Smal ... Read More
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Supermarkets in Mexico
In 2024, supermarkets in Mexico saw a more dynamic rate of current value growth than was recorded in the previous year. With higher real salaries in 2024 and reduced inflationary pressure compared to 2023, some consumers turned to supermarkets in a bid to access a wider variety of brands and product ... Read More
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Serbia in 2040: The Future Demographic
The population of Serbia is predicted to decline by 11.1%, due to changes in net migration and natural change, standing at a total of 5.9 million citizens by 2040. By 2040, the largest cohort of people will be middle-aged (aged 45-64). The birth rate in Serbia is anticipated to drop between 2024 and ... Read More
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Small Local Grocers in Mexico
In 2024, small local grocers saw moderate current value growth in Mexico. The expansion of modern grocery retailers, driven by chains such as OXXO in convenience stores and Tiendas 3B in discounters, has been hampering the performance of small local grocers, which are commonly known as tienditas in ... Read More
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Supermarkets in Morocco
In 2024, supermarkets in Morocco operated in a more challenging competitive environment, primarily due to the aggressive expansion of discounters such as Kazyon and the growing focus on convenience retail formats. These developments are prompting major players to reassess their strategies as urban s ... Read More
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Supermarkets in Switzerland
Supermarkets saw a decline in 2024 both in current value terms and in terms of the number of outlets. The decline in value sales was due in part to the decreasing number of outlets with companies restructuring and closing less profitable outlets. However, it was also due to the higher level of price ... Read More
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Small Local Grocers in Switzerland
Small local grocers suffered the consequences of consumers aiming to reduce their overall spending in 2024. Many people looked to cut down on purchasing non-essential items while others shopped at less expensive outlets including discounters, supermarkets, and hypermarkets, or waiting until items we ... Read More
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Supermarkets in Nigeria
Supermarkets in Nigeria continued to build momentum in 2024, benefiting from a mix of expansion into tier cities, digital integration, and value-driven offerings such as loyalty schemes and private label. Retailers like Spar adopted conservative physical expansion strategies, instead focusing on par ... Read More
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Small Local Grocers in Nigeria
Despite the rise of modern grocery channels, small local grocers continued to thrive in 2024, supported by the informal sector’s vast economic footprint and the needs of lower-income households. With around 40 million small enterprises, informal retail remains the backbone of Nigeria’s grocery lands ... Read More
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Small Local Grocers in India
In 2024, small local grocers in India continued to account for three quarters of overall value sales generated by grocery retailers, driven by sheer volume of these outlets across the country. This channel is one of the oldest and most established for grocery shopping in the country, and offers ease ... Read More
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Supermarkets in India
Supermarkets in India witnessed slowdowns in growth in its outlet count and value sales in 2024. This was on the back of weak consumer demand due to high food inflation, which led many consumers to prioritise essential purchases, and limit overall household consumption. With high inflation witnessed ... Read More
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Small Local Grocers in the United Arab Emirates
Despite a positive performance in value sales terms, the number of small local grocers in the United Arab Emirates continued to decline in 2024. This was primarily due to rising urbanisation rates, increased demand for diversified offerings, and lack of competitiveness with modern grocery retailers ... Read More
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Supermarkets in the United Arab Emirates
Supermarkets in the United Arab Emirates continued to expand in 2024, supported by a steady increase in the population. In particular, there was steady growth in the number of outlets in peripheral urban areas and other emirates such as Al Ain, as an increasing number of operators looked to leverage ... Read More
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Weight Management and Wellbeing in Brazil
After a year of double-digit growth in 2023, 2024 has presented a more restrained scenario, with weight management and wellbeing in Brazil expected to show limited growth in retail current value terms. However, performances are set to vary significantly across the different categories. The weakest p ... Read More