In 2023, staple foods will see an improved performance in comparison with the previous year. In line with the full reopening of the economy and the resumption in tourism, demand has improved.
The onset of the COVID-19 pandemic had a detrimental impact on the economy and therefore consumer confidence. However, since 2022 Cambodia has seen a near full recovery of its domestic economic activities, which in turn made consumers more likely to spend again.
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.
Cambodia’s real GDP growth in 2023 is projected to grow by around 5.5% over the previous year, mainly driven by the service sector and agriculture while inflation is forecast to fall further to around 3.
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 is improving, although a sharp increase in traffic has also had a negative impact on rural roads.
Over the forecast period, the staple foods market in Cambodia is likely to continue to evolve and adapt to changing consumer preferences and market conditions. One potential area of growth is in the production of organic and speciality rice varieties.
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Understand the latest market trends and future growth opportunities for the Staple Foods 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 Staple Foods 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.
NOTE: Couscous, polenta and quinoa are excluded from staple foods.See All of Our Definitions
This report originates from Passport, our Staple Foods research and analysis database.
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