Category: Food
Food market research reports by Euromonitor International
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Small Local Grocers in Greece
Small local grocers registered current value growth in Greece in 2024. The market conditions are becoming a little more favourable for small local grocers as middle-sized shops are finding it increasingly difficult to survive. The market is increasingly home either to stores on the scale of hypermar ... Read More
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Supermarkets in Peru
Supermarket sales experienced slower growth in 2024, registering figures below the overall retail sector’s average expansion. This was primarily due to consumers reducing their spending in supermarkets amid economic difficulties that persisted through the first half of the year. Peru’s recession, wh ... Read More
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Supermarkets in Ireland
In 2024, despite the challenging economic conditions, supermarkets in Ireland demonstrated resilience, recording a retail value growth of 1%. As inflationary pressures eased, supermarkets experienced an increase in sales, driven by a rise in consumer consumption. Take-home grocery sales performed pa ... Read More
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Small Local Grocers in Israel
Despite various efforts, small local grocers have struggled to gain traction in recent years, largely due to their inability to compete on price and convenience against larger supermarket chains and discounters. Many consumers are prioritising cost savings, leading them to favour big retailers that ... Read More
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Small Local Grocers in Austria
In 2024, retail value sales of small local grocers in Austria grew by 1%. However, small local grocers, typically located in rural or economically weaker areas, have long faced challenges due to low-income populations and the high operating costs in these regions. The rise in operating expenses, dri ... Read More
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Small Local Grocers in Norway
Small local grocers, which are often individual entrepreneurs, experienced financial pressures in 2024 as competition intensified in the Norwegian retail industry. Large corporations have invested heavily in the expansion of retail chains, all-in-one place shopping, price promotions and loyalty prog ... Read More
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Small Local Grocers in Peru
Small local grocers continue to be the leading retail channel in Peru; however, they experienced a slight decline in sales in 2024. This decline has been driven by the significant expansion of modern retail formats, particularly discounters and convenience stores, as well as the competitive pricing ... Read More
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Small Local Grocers in the Netherlands
In the Netherlands, small local grocers faced significant challenges in 2024, due to ongoing economic uncertainty. Financial pressures, especially on lower-income households (which represent a key target market for this channel) significantly impacted sales within the category. Additionally, strong ... Read More
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Staple Foods in Ethiopia
High inflation and currency depreciation have driven price increases across staple foods in Ethiopia in 2024, forcing consumers to prioritise essentials like grains, pulses, and edible oils. Political instability and climate crises have worsened food insecurity, especially in Tigray. Informal market ... Read More
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Dairy Products and Alternatives in Western Europe
Consumers have been living through a difficult period in Western Europe in recent years, with inflation hitting unprecedented levels in some countries, following fast on the heels of the upheavals caused in the region by the pandemic. In addition, baby food is struggling for growth in a number of co ... Read More
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Dairy Products and Alternatives in Latin America
While sales of dairy products and alternatives have continued to grow in real value terms in Latin America in recent years, they have been declining in volume terms, given the difficult economic backdrop, including high inflation, in a number of countries in the region. Along with labelling regulati ... Read More
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Dairy Products and Alternatives in the Middle East and Africa
The dairy products and alternatives market in the Middle East and Africa shows a striking contrast. Amidst rising inflation, many consumers prioritise value for money, while those with higher disposable incomes increasingly seek healthier options. This trend is expected to drive new product innovati ... Read More
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Dairy Products and Alternatives in Asia Pacific
Declining sales in China and generally weak performances in Japan have been negatively impacting the dairy products and alternatives market in the overall region in recent years. A mature market, low birth rate and high inflation have been undermining the Japanese performance, with low consumer conf ... Read More
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PepsiCo Inc in Snacks (World)
PepsiCo is the clear leader in the global snacks market, holding a particularly strong position in savoury snacks. The company continues to innovate and make strategic acquisitions, as seen with the recent announcement of its planned takeover of Siete Foods, which will boost PepsiCo’s position in pe ... Read More
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Sports Drinks in Estonia
Sports drinks have emerged as one of the fastest-growing beverage categories in Estonia in 2024, showcasing impressive performance that has outpaced many traditional drinks. This robust growth has posed a competitive challenge to carbonates, a category that has seen some of its consumer base shift t ... Read More
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Staple Foods in Uganda
In 2024, staple foods in Uganda has witnessed growth due to the rising population and urbanisation. However, there is a continued focus on affordability. The majority low-income consumer group in the country looks for the lowest prices, and favours smaller pack sizes, with retailers thus offering co ... Read More
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Where Consumers Shop for Snacks
The snacks industry grew in 2024, driven by value-focused demand despite cost challenges. Discounters and warehouse clubs led sales growth, benefitting from low prices and rising demand amid inflation. E-commerce snack sales are expected to stay strong through strategies such as price promotions, co ... Read More
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Pulses in India
Pulses is expected to maintain total volume growth in India in 2024, with particularly strong growth rates anticipated for beans and peas. Volume growth is set to be seen across all channels, driven by rising demand for plant-based proteins and their nutritional benefits, as more consumers seek heal ... Read More
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Vegetables in India
Vegetables in India is expected to see slow total volume growth across all categories in 2024, and across all channels. Foodservice volumes are set to see a particularly strong increase, although retail volumes will continue to dominate. India’s production of vegetables in 2023-2024 saw a slight dec ... Read More
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Nuts in India
Nuts is set to maintain strong total volume growth in India in 2024, with increases across all channels. Pistachio is expected to see the strongest increase, although this is from a low base, and coconuts will continue see dynamic growth despite already being overwhelmingly dominant within nuts. Coc ... Read More
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Fresh Food in India
Fresh food in India is poised for significant total volume growth in 2024, with increases anticipated across the retail, foodservice, and institutional channels. In this year, sales of products such as fruits, eggs, meat, and seafood are set to increase due to changing lifestyles, with more of a foc ... Read More
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Fruits in India
Fruits is set to maintain solid total volume growth in India in 2024, with increases in retail, foodservice, and institutional sales. Maintaining general physical wellness is increasingly becoming a top priority for consumers, with consumers looking to consume foods which provide the required energy ... Read More
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Eggs in India
Eggs is expected to maintain solid total volume growth in India in 2024, although the rate of increase is set to be slower than seen in the previous few years. This is mainly due to increases in prices, with eggs set to see the strongest price rise within fresh food in 2024 – approaching double-digi ... Read More
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Meat in India
Poultry is set to account for the highest total volume sales within meat in India in 2024. In particular, chicken is in strong demand in the country due to its low fat content, high protein, and affordability, making it a popular choice amongst the rising middle-classes with increasing disposable in ... Read More
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Fish and Seafood in India
Fish and seafood is set to maintain dynamic growth in India in 2024, with increases for crustaceans, fish, and molluscs and cephalopods. Fish markets in urban areas have been rapidly expanding as demand for fresh, high-quality seafood grows, alongside rising urbanisation and changing dietary prefere ... Read More
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