In 2024, cooking ingredients and meals in Côte d'Ivoire has been shaped by cooling inflation, improving affordability for essential goods like edible oils. Consumers have prioritised home cooking with cost-effective ingredients such as stock cubes and spices, often sourced from informal markets.
Cooking ingredients and meals in 2024: The big picture
During the review period, food prices have continued to increase; however, headline inflation has cooled down towards September 2024, providing much-needed relief to cash-strapped consumers. This reduction in inflation has been attributed to declining prices of essential goods, including edible oils.
Country background
Côte d'Ivoire continues to demonstrate robust economic growth and possesses one of the strongest GDPs in the sub-Saharan region. The local government’s investment through the National Government Development Plan aims to accelerate economic growth further by improving access to essential services such as drinking water, healthcare, and electricity.
Socioeconomic trends
Sustained robust economic growth over many years has enabled urban mid- to high-income consumers to experience rising disposable incomes, allowing them to purchase their preferred cooking ingredients and meals. On the other hand, lower-income consumers primarily shop at informal markets, which has mitigated the impact of rising prices on this demographic.
Logistics/infrastructure
Côte d'Ivoire's e-commerce sector has been expanding steadily, with significant growth observed since the onset of the pandemic. Digital marketing has further enhanced the appeal of e-commerce, providing retailers and manufacturers with opportunities to broaden their reach.
What next for cooking ingredients and meals?
Edible oils are expected to perform well over the forecast period, with palm oil anticipated to remain the top choice for consumers. While sunflower oil and rapeseed oil are poised for growth, their consumer bases are comparatively smaller, positioning them as secondary choices.
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Overview:
Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals industry in Côte d'Ivoire with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Cooking Ingredients and Meals industry in Côte d'Ivoire, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Cooking Ingredients and Meals in Côte d'Ivoire report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Cooking Ingredients and Meals in Côte d'Ivoire?
- Which are the leading brands in Cooking Ingredients and Meals in Côte d'Ivoire?
- How are products distributed in Cooking Ingredients and Meals in Côte d'Ivoire?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Cooking Ingredients and Meals?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Côte d'Ivoire?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Cooking Ingredients and Meals in Côte d'Ivoire
Cooking ingredients and meals in 2024: The big picture
Country background
Socioeconomic trends
Logistics/infrastructure
What next for cooking ingredients and meals?
DISCLAIMER
2024 Developments
Prospects and Opportunities
Category Data
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
2024 Developments
Prospects and Opportunities
Category Data
The following categories and subcategories are included:
Cooking Ingredients and Meals
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- Olive Oil
- Corn Oil
- Palm Oil
- Rapeseed Oil
- Soy Oil
- Sunflower Oil
- Other Edible Oil
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- Dried Ready Meals
- Shelf Stable Ready Meals
- Chilled Ready Meals
- Frozen Ready Meals
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- Dry Soup
- Shelf Stable Soup
- Chilled Soup
- Frozen Soup
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- Chilled Pizza
- Frozen Pizza
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- Meal Kits
- Quick Recipe Kits
- Chilled Lunch Kits
- Prepared Salads
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- Liquid Stocks and Fonds
- Stock Cubes and Powders
- Gravy Cubes, Powders and Pots
- Monosodium Glutamate
- Herbs and Spices
- Tomato Pastes and Purées
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- Liquid Recipe Sauces (excl pasta sauces)
- Dry Recipe Sauces
- Pasta Sauces
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- Barbecue Sauces
- Fish Sauces
- Ketchup
- Mayonnaise
- Mustard
- Oyster Sauces
- Salad Dressings
- Soy Sauces
- Chili Sauces
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- Dips
- Yeast-based Spreads
- Pickled Products
- Other Sauces and Condiments
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- Honey
- Chocolate Spreads
- Jams and Preserves
- Nut and Seed Based Spreads
Why buy this report?
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This report originates from Passport, our Cooking Ingredients and Meals research and analysis database.
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