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Meals and Soups in Hungary

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    Report

  • 21 Pages
  • November 2023
  • Region: Hungary
  • Euromonitor International
  • ID: 5731948
Retail volume sales of meals and soups registered continued growth in 2023. With consumers leading increasingly busy lifestyles, there was a growing interest in convenient meal solutions, which boosted demand for products such as ready meals and frozen pizza.

The Meals and Soups in Hungary report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Food Kits, Pizza, Prepared Salads, Ready Meals, Soup.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Meals and Soups market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

MEALS AND SOUPS IN HUNGARYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Ready meals and pizzas benefit from shift towards more convenient meal solutions, while prepared salads suffer from effects of high food inflation
  • Retailers rationalise their portfolios
  • Cash-strapped retailers turn off energy-guzzling fridges and freezers
PROSPECTS AND OPPORTUNITIES
  • Demand for ready meals will continue to grow, due to convenience and immigration trends
  • Health conscious consumers will drive new product development, including that of private label offerings
  • Ageing population could present opportunity for ready meal manufacturers
CATEGORY DATA
  • Table 1 Sales of Meals and Soups by Category: Volume 2018-2023
  • Table 2 Sales of Meals and Soups by Category: Value 2018-2023
  • Table 3 Sales of Meals and Soups by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Meals and Soups by Category: % Value Growth 2018-2023
  • Table 5 Sales of Chilled Ready Meals by Ethnicity: % Value 2018-2023
  • Table 6 Sales of Frozen Ready Meals by Ethnicity: % Value 2018-2023
  • Table 7 NBO Company Shares of Meals and Soups: % Value 2019-2023
  • Table 8 LBN Brand Shares of Meals and Soups: % Value 2020-2023
  • Table 9 Distribution of Meals and Soups by Format: % Value 2018-2023
  • Table 10 Forecast Sales of Meals and Soups by Category: Volume 2023-2028
  • Table 11 Forecast Sales of Meals and Soups by Category: Value 2023-2028
  • Table 12 Forecast Sales of Meals and Soups by Category: % Volume Growth 2023-2028
  • Table 13 Forecast Sales of Meals and Soups by Category: % Value Growth 2023-2028
COOKING INGREDIENTS AND MEALS IN HUNGARY
EXECUTIVE SUMMARY
  • Cooking ingredients and meals in 2023: The big picture
  • Key trends in 2023
  • Competitive landscape
  • Channel developments
  • What next for cooking ingredients and meals?
MARKET DATA
  • Table 14 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
  • Table 15 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
  • Table 16 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
  • Table 17 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
  • Table 18 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
  • Table 19 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
  • Table 20 Penetration of Private Label by Category: % Value 2018-2023
  • Table 21 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
  • Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
  • Table 25 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources