PUBLISHER: Euromonitor International | PRODUCT CODE: 1459412
PUBLISHER: Euromonitor International | PRODUCT CODE: 1459412
Global packaged food sales are set to exceed USD3 trillion in 2024, with volumes growing over the forecast period. Even with inflationary pressures moderating, each grocery category (staple foods, dairy products and alternatives, snacks, and cooking ingredients and meals) has seen price increases. Staple foods is benefiting from consumers' focus on the "essentials". The affordability crisis has magnified consumer purchase polarisation, exposing new and important strategy considerations.
Introduction
The state of food inflation
Performance of grocery categories
Consumer trade-offs
Navigating packaged food inflation
Next for packaged food inflation