Cooking ingredients and meals in 2024: The big picture
In 2024, cooking ingredients and meal sales continued to record strong retail value growth. However, rising prices somewhat drove value growth, while challenging retail volume sales.
Key trends in 2024
The popularity of grilling continued to fuel innovation and consumer interest in 2024, particularly as the number of flexitarians, vegans, and vegetarians rose in Slovakia. This shift in dietary preferences is influencing food choices, leading to rising demand for spice mixes and condiments designed for grilled vegetables and salads.
Competitive landscape
Product innovation was a significant trend in 2024, particularly in the areas of grilling and spice mixes. Vegan-labelled products also gained ground, reflecting the shifting preferences of health-conscious consumers.
Channel developments
During 2024, the foodservice channel continued to steadily regain share it lost during the outbreak of COVID-19, despite facing challenges from a declining number of establishments immediately afterward. The recovery of the foodservice industry, somewhat tempered by a weak economic climate and cautious spending among Slovak consumers, is driven by solid employment rates and a growing demand for convenient food options.
What next for cooking ingredients and meals?
Retail sales of cooking ingredients and meals are projected to perform strongly over the forecast period, driven by the improving real purchasing power of Slovak households and a growing trend towards premiumisation. Consumers are increasingly seeking quality ingredients that are free from artificial preservatives and added sugars, reflecting a broader shift towards healthier eating habits.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals industry in Slovakia 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 Slovakia, 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 Slovakia 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 Slovakia?
- Which are the leading brands in Cooking Ingredients and Meals in Slovakia?
- How are products distributed in Cooking Ingredients and Meals in Slovakia?
- 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 Slovakia?
- 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 Slovakia
Cooking ingredients and meals in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
DISCLAIMER
Edible Oils in Slovakia
KEY DATA FINDINGS
Despite price hikes, olive oil remains relevant due to its healthy image
Butter and ghee butter is rising competition against traditional cooking oils
EU legislation on greenwashing impact innovations and communications
Health awareness drives sales of organic and alternative edible oils
Challenges for private label as consumers invest in known edible oil brands
Meals and Soups in Slovakia
KEY DATA FINDINGS
Price promotions and discounts support sales, however, volume declines
Rising competition from instant noodles and food service, challenges sales
Innovations focus on health, taste and texture to appeal to consumers in 2024
Strong growth for prepared salads, aligned with health and convenience trends
Vegan ready meals and food options gain ground over the forecast period
Premiumisation, sustainability and fresh ingredients shape ready-to-eat soups
Sauces, Dips and Condiments in Slovakia
KEY DATA FINDINGS
Price promotions and larger pack sizes gain ground as price sensitivity rises
The rising number of vegetarians impacts choices for sauces, dips and condiments
Rising interest in Asian food options reflected in ongoing innovations
Selling sauces, dips and condiments with complementary food items
E-commerce and delivery innovation to gain ground, enhancing convenience
Brands launch sustainable spices and condiments to align with consumer demands
Sweet Spreads in Slovakia
KEY DATA FINDINGS
Rising sugar prices impact sales, however, retail volume growth remains positive
Fall in locally sourced products puts pressure on the retail prices of honey
Home-made jam challenges sales of retail products in 2024
New honey regulations enhance transparency and traceability
Convenient, on-the-go breakfast options challenge sales of sweet spreads
E-commerce becomes a growing channel for the sales of sweet spreads
The following categories and subcategories are included:
Cooking Ingredients and Meals
-
- Olive Oil
- Corn Oil
- Palm Oil
- Rapeseed Oil
- Soy Oil
- Sunflower Oil
- Other Edible Oil
-
-
- Dried Ready Meals
- Shelf Stable Ready Meals
- Chilled Ready Meals
- Frozen Ready Meals
-
- Dry Soup
- Shelf Stable Soup
- Chilled Soup
- Frozen Soup
-
- Chilled Pizza
- Frozen Pizza
-
- Meal Kits
- Quick Recipe Kits
- Chilled Lunch Kits
- Prepared Salads
-
-
-
-
- Liquid Stocks and Fonds
- Stock Cubes and Powders
- Gravy Cubes, Powders and Pots
- Monosodium Glutamate
- Herbs and Spices
- Tomato Pastes and Purées
-
-
-
- Liquid Recipe Sauces (excl pasta sauces)
- Dry Recipe Sauces
- Pasta Sauces
-
- Barbecue Sauces
- Fish Sauces
- Ketchup
- Mayonnaise
- Mustard
- Oyster Sauces
- Salad Dressings
- Soy Sauces
- Chili Sauces
-
- Dips
- Yeast-based Spreads
- Pickled Products
- Other Sauces and Condiments
-
-
- Honey
- Chocolate Spreads
- Jams and Preserves
- Nut and Seed Based Spreads
Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Cooking Ingredients and Meals research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!