Staple foods in 2024: The big picture
Staple foods in Greece continued to be impacted by inflationary pressure on prices and the higher cost-of-living in 2024. While this dampened demand, there was a shift towards convenience and healthier options, which exerted upward pressure on unit prices and boosted retail value sales.
Key trends in 2024
Overall, from production to consumption habits, the trends to the fore internationally and domestically had the common denominator of the broad concept of health and wellness. Sustainability, healthier eating habits, friendliness to the environment and the body drove trends and created a new era for staple foods, and packaged food more widely.
Competitive landscape
Overall, the competitive landscape of staple foods remained highly fragmented in Greece in 2024. The landscape reflected the economic concerns of consumers in the market, with private label lines Lidl and AB ranked first and fourth, respectively, in retail value terms.
Channel developments
Food/drink/tobacco specialists and supermarkets continued to account for the bulk of retail value sales of staple foods in Greece in 2024. However, small local grocers and large hypermarkets have gained traction.
What next for staple foods?
Hectic lifestyles will shape demand, with modern consumers looking for convenience and time-saving products without compromising on healthy eating. As a result, convenient, ready-to-eat processed fruit and vegetables and processed meat and seafood products may gain momentum, driving innovation and competition among producers.
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Overview:
Understand the latest market trends and future growth opportunities for the Staple Foods industry in Greece 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 Greece, 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 Greece 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 Greece?
- Which are the leading brands in Staple Foods in Greece?
- How are products distributed in Staple Foods in Greece?
- 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 Greece?
- 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 Greece
Staple foods in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for staple foods?
DISCLAIMER
Baked Goods in Greece
KEY DATA FINDINGS
Frozen dough feeds the call for easy home preparation products
Alfa Athanasios Koukoutaris invests to expand in baked goods
Large supermarkets invest in private label frozen dough products
More natural, premium options to gain momentum
Free from gluten baked goods offer growth potential
Big players see investment opportunities in frozen dough
Breakfast Cereals in Greece
KEY DATA FINDINGS
Convenience and health aspects push a demand for breakfast cereals
Snacks brands start to appear in breakfast cereals
Consumers look for value for money in big packs
New consumption occasions to help broaden the category
Snack bars feeds into breakfast cereals
Nostalgia technique to blur the lines between children’s and adult breakfast cereals
Processed Fruit and Vegetables in Greece
KEY DATA FINDINGS
New product developments respond to “lazy” demand from consumers
Organic claims gain traction
Convenience and versatility push the frozen format
Plant-based food trend could favour processed fruit and vegetables
Companies to focus on waste reduction
Shelf stable format to leverage economy positioning
Processed Meat, Seafood and Alternatives To Meat in Greece
KEY DATA FINDINGS
Salmonella scare disrupts the category
Demand for private label and bulk purchases in response to price increases
Some players shift to ready meals in search of growth opportunities
The shift to meat substitutes becomes a mainstream trend
Convenience to shape selection developments
Sale of Avramar’s Greek division could disrupt processed seafood
Rice, Pasta and Noodles in Greece
KEY DATA FINDINGS
Pasta continues to provide an affordable and versatile meal solution
Innovation for a varied and balanced diet
Private label pasta benefits from the “Household Basket” initiative
New flavours and more adventure to push the demand for noodles
Pasta players push strongly on the health and wellness trend
Rice to continue to be best by climate change effects
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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