Staple Foods

Now in its seventh edition, this report explores the top digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this edition touch on topics such as second-hand shopping, community group buying,…

There was a greater return to normality in India as pandemic-related restrictions eased in 2022, and local consumers resumed daily lifestyles, including attending the workplace in person and socialising. In addition, artisanal bakeries and…

With the rising penetration of high-speed internet in India and increased access to smartphones, local consumers are increasingly exposed to OTT media and YouTube content. This means that many Indians are increasingly experimenting with international…

The strong return of avian influenza in India significantly reduced the availability of poultry to be processed in multiple states including Bihar, Maharashtra and Kerala in 2022. In addition, there was a rise in feed prices for chickens, which…

The easing of pandemic-related restrictions in India over 2022 resulted in many institutions such as schools and offices reopening, and consumers commuting more frequently. Therefore, increasingly busy lifestyles encouraged them to search for…

In 2022, prominent hot cereals brand Quaker expanded its portfolio to enter muesli and granola. Likewise, Tata Consumer Products expanded its range of hot cereals with the launch of Tata Soulfull Masala Oats+ in four different variants to cater for…

The easing of pandemic-related restrictions significantly benefitted demand for baked goods in 2022, particularly for unpackaged cakes as the number of social events picked up over the year. To leverage this opportunity, a prominent local bakery…

While healthy retail current value growth is expected for staple foods in 2022, comparable to that seen when the pandemic hit in 2020, retail volume sales are set to see a slower increase than value sales, due to unit price increases. The raw…

Retail sales of rice, pasta and noodles are expected to soar once again in current value terms in 2022, after seeing a decline in the previous year, although growth patterns are different at category level. When it comes to noodles, inflation has…

Sales of processed meat, seafood and alternatives to meat are set to record solid retail current value growth in 2022, continuing the category’s growth trajectory. Inflation accelerated price increases, resulting from several issues in terms of…

Retail volume and current value sales of processed fruit and vegetables are set to continue on their growth trajectory in both shelf-stable and frozen formats in 2022. While inflation has been increasing unit prices, retail volume consumption is…

Sales of breakfast cereals are expected to continue their growth trajectory in retail current value terms in 2022, with growth backed by price increases for grains, resulting from issues in global supply chains. However, while all categories are set…

In terms of packaged baked goods, leavened bread, cakes and pastries are set to see retail current value growth in 2022, with the most dramatic growth expected for packaged pastries. Although lifestyles are returning to pre-pandemic patterns, such as…

The impact of rising inflation in Singapore on the retail unit price of staple foods is slowing demand in 2022, although considering the strong penetration of certain staple foods in the local market, retail demand across the different categories…

Amid rising inflation, stakeholders such as the government and retailers are playing a role in attempts to moderate the unit price growth for rice, the dominant product within rice, pasta and noodles. For instance, leading grocery retailer FairPrice…

The average unit price of processed meat, seafood and alternatives to meat recorded the highest growth in 2022, closely followed by hard-hit baked goods due to the impact of wheat shortages from Ukraine. The rising price of processed meat, seafood…

Despite offering greater affordability overall, shelf stable fruit and vegetables witnessed higher unit price growth of 4% compared to frozen variants at 3% in 2022. This is attributable to growing packaging and processing costs for shelf stable…

Further retail demand for muesli and granola, children’s breakfast cereals, and hot cereals in 2022 is being driven by the full reopening of the local economy and consumers returning to in-person working and learning in schools, making these types of…

The average unit price of unpackaged baked goods exceeded that of packaged counterparts in 2022, which was in contrast to 2021. There was a notable shift from foodservice and artisanal bakeries during the pandemic in Singapore to home consumption in…

Asia Pacific remained the largest global producer of food, beverages and tobacco in 2021, with sales valued at USD3,809 billion. With the release of pent-up demand, the industry’s turnover witnessed an increase in 2021. Going forward, expanding…