Cooking Ingredients and Meals

While retail volume sales of meals and soups in Australia continue to grow in 2023, another increase in the average unit price ensures that current value growth is more dynamic. Unit price growth is being driven by inflation and labour shortages.…

Edible oils continues to face challenges caused by shortages of raw materials and supply chain disruptions, along with climatic impacts. As such and added to inflationary pressures, this is pushing up prices and supporting value sales, while retail…

The woes of edible oils in 2022 have continued to play out in 2023, as unit price rises have easily outpaced the inflationary growth of packaged food prices at-large. Many of the edible oils available in the US originate from other regions globally,…

Edible oils in the UK has still been experiencing various challenges in 2023, including inflation, rising costs, and supply chain disruptions. While there has been a slight improvement, persistently high unit prices continue to pose difficulties for…

The number of health-conscious consumers is on the rise in the United Arab Emirates. Increasing numbers of local consumers are following a balanced diet, and they are selecting healthy food sources. Edible oils is one of the categories in which…

Edible oils continues to face challenges connected to inflationary pressures and supply chain restrictions, which are affecting different edible oils in different ways. For example, inflationary pressures are boosting value growth due to an increase…

Sales of edible oils have continued to decline in retail volume terms in 2023, driven in part by a further steep increase in retail prices. Price rises and the drop in demand is the result of several factors including the adverse effects of the…

In 2023, the global supply chain of edible oil raw materials has faced significant disruptions due to climate change and geopolitical complexities, impacting availability in South Korea. The country's reliance on external sources has made it…

Players in edible oils continued to face a number of ongoing challenges towards the end of the review period, not least logistical issues created by the ongoing conflict in Ukraine. The country is the world’s largest exporter of sunflower oil, and…

Current value sales growth within edible oils remains strong in 2023 with broader inflationary pressures a key contributor to this. While fuel costs have stabilised following the initial shock in 2022 after Russia’s invasion of Ukraine, the…

Price increases of edible oils in Mexico stemming from widespread inflation seen in 2022 persist; however, these are generally slower in 2023. According to Euromonitor International's Voice of the Industry: Food Survey 2023, 90% of the food industry…

Olive oil is an important part of the traditional Italian diet but the category has continued to see declining sales in retail volume terms in 2023, although elevated inflation and a sharp rise in prices has ensured the category has continued to see…

Edible oils is enjoying a recovery back to normalisation in 2023, following the turbulence caused by the impacts of the Russia-Ukraine war. Indeed, in 2022, it was strongly noted how reliant France was on imports for its edible oils and, moreover,…

In 2023, overall demand for retail edible oils in China has weakened compared with 2022, with the expected volume and current value declines in this year primarily driven by the resumption of normal activities post-pandemic. Towards the end of 2022…

Retail demand for edible oils in Australia continues to grow in 2023. The increasing cost of living is encouraging many local consumers to cook more often at home, driving up the demand for edible oils, particularly those produced locally. Olive oil,…

Retail value growth is stronger than volume in cooking ingredients and meals in Vietnam, due to inflationary pressures pushing up unit prices. That said, despite these economic pressures, volume growth is also relatively stable. We also note that…

The inflationary volatility of 2022 has continued into 2023, extending the impact on cooking ingredients and meals. Unit prices have climbed across categories in 2023, with edible oils seeing some of the largest jumps due to geopolitical strife and…

The lingering effect of the inflationary wave from 2022, exacerbated by the ongoing Russian invasion of Ukraine, has resulted in continued economic pressures. Moreover, cooking ingredients and meals is dealing with the consequences of climate change,…

Retail demand for cooking ingredients and meals continues to grow in the United Arab Emirates. The increase in the expatriate population and the boom in tourism since the easing of pandemic restrictions, are positively impacting retail volume growth…

Inflationary pressures continue in 2023, however, we are seeing an overall resilience in cooking ingredients and meals in the Philippines – in both value and volume terms, variably. Shortages in raw materials continue to affect some categories, such…