Cooking Ingredients and meals has seen solid growth in in 2024 supported by an improving economy, population growth and an expanding urban population. The government has also taken steps to ensure that the prices of basic food supplies have remained stable which has also helped to boost retail volume sales of some products.
Cooking ingredients and meals in 2024: The big picture
Sales of cooking ingredients and meals have seen stronger growth in retail volume terms in 2024 after sales stagnated in 2022 and 2023 due to high inflation and economic pressures. Improving economic conditions, more stable inflation, population growth, and urbanisation are all factors that have contributed to the growth of cooking ingredients and meals in 2024.
Country background
Cooking ingredients are becoming increasingly essential in the meals that are prepared and eaten by Iraqi consumers. There is a focus on using these products to enhance the flavours of various dishes, with consumption rising across the entire population, particularly among the younger generation.
Socioeconomic trends
The consumption of packaged cooking ingredients and meals is highest among teenagers and young adults, who are the main consumers of sweet spreads, sauces, dips, and condiments. This trend is further reinforced by the popularisation of fast food, particularly among new families in urban centres.
Logistics/infrastructure
There has been a general lack of significant new players in the market as new entries must invest heavily in logistics, distribution and marketing to obtain and maintain a meaningful and beneficial share. Additionally, there is an established and booming packaged food industry both inside and outside Iraq, causing an over-supply in the market, which is expected to keep prices stable for the foreseeable future.
What next for cooking ingredients and meals?
Cooking ingredients and meals is projected to see strong growth over the forecast period in retail volume and foodservice volume terms, but the category is also expected to change significantly. On the one hand, consumer preferences are not well established, making it hard for players to establish and maintain brand loyalty.
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Overview:
Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals industry in Iraq 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 Iraq, 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 Iraq 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 Iraq?
- Which are the leading brands in Cooking Ingredients and Meals in Iraq?
- How are products distributed in Cooking Ingredients and Meals in Iraq?
- 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 Iraq?
- 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 Iraq
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
2024 Developments
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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