Western Europe

Honey in the UK is outpacing many other types of sweet spreads in 2024. Despite the inflationary pressures, honey has emerged as a standout performer in the category, driven by growing awareness of its health benefits and perception as a more…

Across 2022 and 2023, the sweet spreads landscape experienced a significant increase in consumer prices, attributed to rising costs for glass jars and other packaging materials and an unprecedented spike in sugar prices. In 2024, some additional…

Honey is the only category in sweet spreads in Italy with declining retail volume and current value sales in 2024. The other categories in sweet spreads have proven to be more robust. Like edible oils players, beekeepers face multiple production…

Sweet spreads is seeing exceptional value growth in Finland in 2024, along with robust volume growth. This is in contrast to the negative performance seen in 2023. We also note that sweet spreads is a mature category in the country, thus players are…

The retail volume decline recorded in recent years by sauces, dips and condiments in the UK is noticeably slowing. The strength of at-home dining, largely influenced by economic factors such as inflation and the cost-of-living crisis, is shaping a…

In 2024, producers of sauces, dips, and condiments faced significant cost increases for key ingredients, including oils, sugar, vegetables, and packaging materials like glass and plastics.

Amid inflationary pressure on prices, sauces, dips and condiments in Italy continued to see retail current value growth in 2024. However, while higher prices dampened demand, retail volume and foodservice volume sales continued to see positive…

Sauces, dips and condiments is facing challenges in Finland in 2024, due to the relative maturity of the category, alongside inflationary pressures supressing potential volume sales. This means value growth is small, and volume growth is struggling…

Premium and luxury cars remains a strong category in Sweden in 2024, despite overall economic uncertainty, inflationary pressures, and a weak local currency. This can also be evidenced by the fact that the leading players in luxury goods are also…

Designer apparel and footwear (ready-to-wear) is only managing to achieve small value sales in Sweden in 2024. This is attributed to challenging economic conditions, characterised by rising inflation, high interest rates, weakening currencies, and…

The Dutch population remains diverse owing to the continued influx of immigrants, while businesses are continuously catering to the varying needs and taste of its multicultural customers. Ageing population and rise of singleton households are…

Retail volume sales of chilled ready meals in the UK are marginally improving in 2024, following a period of decline in recent years driven by inflationary pressures. As inflation begins to ease, sales are expected to benefit from greater consumer…

Within the meals and soups landscape, certain areas experienced significant growth, including chilled soup, which saw both double-digit retail value and volume growth in 2024. Compared to the more mature category of chilled ready meals, chilled soup…

Meals and soups in Italy is projected to see a return to positive, if slight, retail volume growth over 2024, following a decrease in 2023, caused mainly by a downturn in soup demand. Over 2024, all categories except pizza, which continues to ebb…

Ready meals and soups is enjoying healthy volume growth as well as value growth in Finland in 2024, thanks to the convenience aspect of such products. Ready meals and soups are used both for light meals (e.g., to eat during lunch break) and to…

Luxury goods is seeing positive gains in Sweden in 2024, despite a challenging economic climate and rising financial uncertainty. Indeed, it is reported that around a third of local consumers have cited concerns about their financial situation due to…

Fine wines/champagne and spirits is seeing relatively small growth in Sweden in 2024, which is mainly attributed to the fact that the majority of luxury alcoholic drinks are consumed at luxury foodservice establishments and hotels, rather than being…

Experiential luxury is seeing healthy value sales in 2024, which are slightly up from those reported for 2023. A key driver for this comes from inbound tourism, mainly from neighbouring Nordic countries such as Denmark, Finland and Norway, followed…

A combination of climate-related and geopolitical factors continues to disrupt edible oil supply and demand in the UK, building on the challenges of previous years. The most critical issue for olive oil has been extreme weather, especially the…

Across the review period, price increases have significantly shaped the edible oils landscape in the Netherlands, impacting buying habits. The war in Ukraine led to critical shortages in various oils, with sunflower oil—the most popular edible…