The cooking ingredients and meals market in Kazakhstan has almost fully recovered from the negative impact of the COVID-19 pandemic. In 2023, inflation in the country slowed and prices declined in a number of categories compared to 2022, including the key sunflower oil category.
The share of locally produced brands is increasing in sunflower oil due to their favourable pricing. The share of unrefined oil is also on the rise as unrefined oil is healthier than its refined counterpart as the extraction process used for unrefined oils leaves the product as close to its natural form as possible.
The competition amongst manufacturers in ready meals remains strong in 2023. Consumers increasingly demand products that closely resemble home-cooked meals with more natural ingredients as they become more accustomed to better and healthier foods, therefore brands that remove GMOs, artificial flavours and preservatives from their products have a competitive advantage since they are considered a healthier option.
As the impact of the pandemic has waned, the foodservice industry in Kazakhstan has begun to develop rapidly. The population increased their visits to restaurants and cafés in 2023, which has had a positive impact on the development of cooking ingredients and meals in the year.
Cooking ingredients and meals faces a promising forecast period in Kazakhstan. Edible oils will remain staple products in the country and are therefore expected to witness good growth going forward.
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Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals industry in Kazakhstan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Cooking Ingredients and Meals
This report originates from Passport, our Cooking Ingredients and Meals research and analysis database.
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