Market research on the cooking ingredients and meals industry. St...
Market research on the cooking ingredients and meals industry. Standardised and cross-comparable statistics including total market sizes, market share and brand performance, distribution and industry trends.​ Insight and data cover edible oils, ready...
In 2023, packaged food in Kenya faces the challenge of high inflation, leading to a significant increase in unit prices. As a result, consumers are prioritising essential grocery items while cutting back on impulse or non-essential purchases. For…
Commodity prices recorded a rise in 2022, compared to the previous year, aggravated by war in Ukraine. However, the second half of the year saw a downward correction in prices, explained by the weakness of global demand. The national economy has…
Cooking ingredients and meals saw a relatively strong decline in 2023 despite the fact that its major categories consist of several products that are central to consumer diets and even considered to be essential. Inflationary pressures, which had…
2023 has been a tough financial year for consumers, with double-digit food inflation, rising interest rates, and rolling blackouts. Loadshedding significantly affects the entire supply chain, as well as consumers, as it has been implemented almost…
Cooking ingredients and meals in Tunisia was characterised by significant price increases in 2023 as a result of rising production and transportation costs, inflation, and the difficult economic climate in the country. This upward trend in prices…
Demand for cooking ingredients and meals has remained centred around edible oils and sauces, dips and condiments in 2023. While the pandemic has come to an end, high inflation is putting pressure on incomes thus limiting stronger growth, with…
With significant price pressures on palm oil, the government agreed an official price with industry stakeholders in 2022, of FCFA1,500 per litre, though there has had to be a degree of rationing. Discussion are still ongoing regarding Cameroon’s…
The headline in edible oils in 2023 is the huge increase in unit prices, leading to astounding value growth. However, on the other hand, this means many consumers cannot afford such oils, and volume is crashing in turn. There are a number of factors…
In 2023, edible oil prices have remained persistently high, continuing the trend from the significant increase experienced in 2022. Unfortunately, there is little respite in sight, primarily due to the Kenyan government's imposition of a 25% import…
There was a poor olive oil harvest in Morocco, in 2022 due mainly to water shortages during winter (January-March). This resulted in reduced flowering and affected the harvest. Moreover, Morocco witnessed the blow of hot arid winds (Chergui) from the…
Edible oils declined in volume terms in 2023, following only weak volume growth in 2022. Inflationary conditions that had been strong in 2022 worsened in 2023 due to the continuing depreciation of the local currency, a government policy of…
Both retail volume and current value sales of edible oils are set to see strong declines in 2023. After two years of exceptionally strong growth, the average unit prices of vegetable and seed oils have started to normalise over 2023, with prices…
Despite the government’s efforts, subsidised edible oil continues to experience shortages in several regions in Tunisia, which is impacting lower income consumers as they are more likely to buy subsidised oil. The significance of the Ministry of…
Meals and soups in Cameroon accounts for minimal value sales. These products have limited presence on retail shelves and this means that consumer awareness is low. Ready meals and packaged soup are also considered to be unnecessarily expensive…
In a cross-category trend, meals and soups is seeing falling volumes in light of the skyrocketing unit prices which are supporting high value growth. Contributing factors include the rising costs of raw materials, ingredients, and energy, alongside…
There has been a growing demand for soups among consumers in Kenya. The landscape has quickly become one of the few industries that have witnessed a surge in demand after the outbreak of COVID-19. However, there is an overall perception in the…
Many Moroccans perceive ready meals to be less healthy and not as tasty than freshly cooked food, while they also see them as more expensive options. With consumers more appreciative of taste, sensitive to price and, to a lesser extent, health and…
Meals and soups declined in volume terms in 2023 following a strong negative decline in 2022. This remains a relatively niche category in Nigeria and is widely considered non-essential. Consequently, as consumers focused on essentials and sought to…
As in the previous year, in 2023 ready meals and soups is set to see solid retail volume growth, along with dynamic double-digit current value growth as a result of inflationary price rises. The growing demand for healthy and convenient ready meals…
All soup brands in Tunisia are imported, with Calfort, Ideal and Knorr dominating sales. These brands invest significantly in advertising campaigns, particularly on Middle Eastern television channels, which are widely viewed by Tunisian consumers.…