The major progress that was being seen in the development and growth of staple foods over the first half of the review period has been arrested by three major events: the COVID-19 pandemic in 2020, the civil unrest that has plagued Myanmar since the February 2021 military coup, and now in 2022, the global inflation rates, rising cost of living, and fuel shortages. As a result of all of these factors, the economic backdrop in Myanmar has become very unstable and many consumers are now having to economise and cut out any unnecessary expenditure.
In 2022, staple foods remain an important category in Myanmar as rice is a very important dish in the country. Meanwhile, products such as instant noodles, baked goods, and processed meat, seafood, fruit, and vegetables continue to grow in demand.
Rice remains the most important staple food for virtually all households in Myanmar and it is widely consumed for both lunch and dinner. Moreover, rice is also one of the country’s most important agricultural exports.
In 2022, many consumers continue to see economic pressures due to the instability of the country in the past few years with the pandemic and military coup. However, now the country is also being impacted by the global inflation rates and fuel shortages, which is causing the cost of living to increase rapidly.
In 2022, ongoing armed conflicts and instabilities in the northwest and southwest regions of Myanmar have continued to have a negative impact on the country overall, with transport costs and restocking continuing to be a problem for both manufacturer and consumers.
Over the forecast period, staple foods will register steady growth as these products are regarded as essential by most consumers. However, as the country continues to face many challenges, households will continue economising and therefore switch to more affordable brands and alternatives, or buy in bulk.
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Understand the latest market trends and future growth opportunities for the Staple Foods industry in Myanmar 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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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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