PROSPECTS AND OPPORTUNITIES
Convenience and a rise in availability boosts sales across the forecast period
Across the forecast period, retail sales of soups and meals is set to increase at a current value CAGR of 3%, to reach retail value sales of UAH16.8 billion in 2029.
Innovation set to cater to the increasingly diverse tastes of local consumers
The forecast period is set to see innovation in ready meals, with the leading names in the category expected to widen their product assortments, offering ready meals with unique tastes and international flavours. Over the review period, the Veres brand launched a range of shelf stable ready meals offering foreign cuisines, including Mexican-style bean chilli and chilli con carne, as well as the Georgian speciality lobio (bean stew) and Polish-style bigos (meat stew).
Strong opportunity for players to expand on the shelf-stable soup landscape
Shelf-stable soup is an emerging product category in Ukraine that is expected to grow across the forecast period due to expanded supply. These products require no special storage conditions, have a long shelf life, and provide convenience for busy individuals while being suitable for limited cooking scenarios—such as during electricity or water shortages.
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 Meals and Soups industry in Ukraine 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 Meals and Soups industry in Ukraine, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Meals and Soups in Ukraine 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 Meals and Soups in Ukraine?
- Which are the leading brands in Meals and Soups in Ukraine?
- How are products distributed in Meals and Soups in Ukraine?
- 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 Meals and Soups?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Ukraine?
- 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?
Meals and Soups in Ukraine - Category analysis
KEY DATA FINDINGS
Chilled and frozen options face strong competition from shelf-stable goods
The plant-based trend declines as consumers focus on cost savings
Opportunity for smaller players to expand within dried ready meals
Convenience and a rise in availability boosts sales across the forecast period
Innovation set to cater to the increasingly diverse tastes of local consumers
Strong opportunity for players to expand on the shelf-stable soup landscape
Cooking Ingredients and Meals in Ukraine - Industry Overview
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
The following categories and subcategories are included:
Meals and Soups
-
- 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
Meals and Soups
This is the aggregation of ready meals, pizza, food kits, prepared salads, and soup. Includes: These are products that have had recipe 'skills' added to them by the manufacturer, resulting in a high degree of readiness, completion and convenience. Food kits is an exception where typically the extent of preparation is much shorter than other meal products; includes meal kits where consumers are to put together pre-portioned ingredients and cook with the guidance of recipe cards. Ready meals are generally accepted to be complete meals that require few or no extra ingredients. However, in the case of shelf stable ready meals, the term also encompasses meal 'centres’; for food kits, they do require a degree of cooking and preparation. As such, some meals may require cooking (ready-to-cook); others may simply need reheating, prior to serving (ready-to-eat). Excludes: Any products sold unpackaged and/or by weight, including food sold from a retail deli counter.
See all of our definitionsWhy 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 Meals and Soups 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!