Staple foods in 2024: The big picture
Geopolitical changes in the world continue to affect trade in Azerbaijan in 2024, including staple foods. Prices for numerous categories remain considerably high, leading to stagnating or stable sales volumes as consumers increasingly opt for essential and inexpensive goods.
Key trends in 2024
In 2024, the bread category witnesses a trend towards healthier baked goods, which include whole grain bread, bread enriched with added fibre, and a variety of seeds, accompanied by a reduction in sugar content. This shift aligns with an increasing consumer awareness of health and nutrition.
Competitive Landscape
The staple foods competitive landscape showcases a blend of local and international brands, with intense competition persisting between these entities in 2024. Breakfast cereals, as a product area, is notably dominated by international brands, particularly Nestlé, which has built a strong reputation for quality among consumers.
Channel developments
The year 2024 is poised to witness an increase in e-commerce levels within the country, driven by significant investments from manufacturing companies aimed at enhancing this sales channel and leveraging digital technologies. This reflects a growing recognition of the importance of online sales in reaching consumers effectively.
What next for staple foods?
Looking ahead, staple foods are expected to register moderate growth in both constant value and volume over the forecast period. Given that many staple foods are considered essential ingredients, this will support volume sales, further bolstered by continuing population growth.
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Overview:
Understand the latest market trends and future growth opportunities for the Staple Foods industry in Azerbaijan 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 Staple Foods industry in Azerbaijan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Staple Foods in Azerbaijan 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 Staple Foods in Azerbaijan?
- Which are the leading brands in Staple Foods in Azerbaijan?
- How are products distributed in Staple Foods in Azerbaijan?
- 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 Staple Foods?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Azerbaijan?
- 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?
Staple Foods in Azerbaijan
Staple foods in 2024: The big picture
Key trends in 2024
Competitive Landscape
Channel developments
What next for staple foods?
DISCLAIMER
Baked Goods in Azerbaijan
KEY DATA FINDINGS
Bread prices are not increasing
The share of local brands is increasing
Healthy baked goods gain in popularity
Premium baked goods more in demand in the capital
Development of e-commerce as a growth driver for baked goods
Shift towards consumption of packaged baked goods
Breakfast Cereals in Azerbaijan
KEY DATA FINDINGS
Low cultural integration of breakfast cereals
Dominance of international brands
Increasing health-consciousness among consumers
Retail expansion to drive demand for breakfast cereals
Limited growth prospects for muesli and granola
E-commerce growth supporting demand for breakfast cereals
Processed Fruit and Vegetables in Azerbaijan
KEY DATA FINDINGS
Stability in processed vegetables amid economic uncertainty
Challenges with raw material shortages for local producers
Growth of private label goods on store shelves
Rising demand for budget-friendly processed foods
Positive outlook for frozen processed potatoes
Health and wellness trends boost frozen vegetables during winter
Processed Meat, Seafood and Alternatives To Meat in Azerbaijan
KEY DATA FINDINGS
Moderate decline in processed meat sales due to economic pressures
Structural changes at Viciunai Group affect processed seafood offerings
Growing demand for seafood driven by health-conscious consumers
Raw material shortages may constrain shelf-stable seafood production
Processed poultry demand expected to rise alongside health trends
Horeca channels drive demand for frozen processed meat
Rice, Pasta and Noodles in Azerbaijan
KEY DATA FINDINGS
Decline in sales of noodles due to supply challenges
Stability in instant noodles prices amid economic pressures
Market saturation limits growth potential for the rice category
Expansion of retail trade and online platforms to boost demand for noodles
Growing demand for rice noodles as a health-conscious alternative
Competitive advantage of local brands in the pasta category
The following categories and subcategories are included:
Staple Foods
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- Packaged Flat Bread
- Unpackaged Flat Bread
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- Packaged Leavened Bread
- Unpackaged Leavened Bread
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- Packaged Cakes
- Unpackaged Cakes
- Dessert Mixes
- Frozen Baked Goods
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- Packaged Pastries
- Unpackaged Pastries
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- Sweet Pies and Tarts
- Frozen Cakes, Sweet Pies and Tarts
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- Hot Cereals
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- Children's Breakfast Cereals
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- Flakes
- Muesli and Granola
- Other RTE Cereals
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- Shelf Stable Beans
- Shelf Stable Fruit
- Shelf Stable Tomatoes
- Shelf Stable Vegetables
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- Frozen Fruit
- Frozen Processed Potatoes
- Frozen Processed Vegetables
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- Shelf Stable Processed Red Meat
- Shelf Stable Processed Poultry
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- Chilled Processed Red Meat
- Chilled Processed Poultry
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- Frozen Processed Red Meat
- Frozen Processed Poultry
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- Shelf Stable Seafood
- Chilled Processed Seafood
- Frozen Processed Seafood
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- Chilled Meat and Seafood Substitutes
- Frozen Meat and Seafood Substitutes
- Shelf Stable Meat and Seafood Substitutes
- Tofu and Derivatives
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- Chilled Noodles
- Frozen Noodles
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- Instant Noodle Cups
- Instant Noodle Pouches
- Plain Noodles
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- Chilled Pasta
- Dried Pasta
- Rice
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Staple Foods
NOTE: Couscous, polenta and quinoa are excluded from staple foods.
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This report originates from Passport, our Staple Foods research and analysis database.
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