In 2023, cooking ingredients and meals will see an improved performance in comparison with 2022 due to the COVID-19 pandemic finally coming to an end and inflation finally stabilising. In line with the economic reopening and tourism resuming, demand has started to return to what it was prior to the pandemic.
In 2023, cooking ingredients in Cambodia is experiencing robust growth, driven by the full recovery of the economy. Notably, the on-trade sector is performing well thanks to the COVID-19 pandemic coming to an end.
There are three main meals eaten per day in Cambodia: Breakfast, lunch and dinner. However, many rural workers will not eat a full breakfast and will instead snack on fruit before having an early lunch.
In 2023, Cambodia's economic growth is anticipated to pass that of 2022, primarily due to the service sector and agriculture. The forecasted decline in inflation during 2023 also adds to the positive outlook, indicating a healthier economic landscape.
Rural road infrastructure remains poor, with most rural roads unpaved and subject to frequent flooding, especially during the rainy season that runs from May to October. Despite these challenges, the country’s road infrastructure was improved during the review period, although a sharp increase in traffic has also had a negative impact on rural roads.
Over the forecast period, ongoing urbanisation is set to enhance the growth of cooking ingredients in Cambodia. The recent establishment of the new city of Arey Ksat in the Kandal province, situated in close proximity to Phnom Penh city, by the Cambodian government, along with other burgeoning real estate developments, is contributing to this trend.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals industry in Cambodia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Cooking Ingredients and Meals industry in Cambodia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cooking Ingredients and Meals
This report originates from Passport, our Cooking Ingredients and Meals research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!