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Cooking Ingredients and Meals in Hungary

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    Report

  • 48 Pages
  • November 2023
  • Region: Hungary
  • Euromonitor International
  • ID: 5567408
Retail sales of cooking ingredients and meals in Hungary registered buoyant growth in current value terms in 2023. However, this was due to massive inflationary pressures, rather than any huge upturn in demand.

The Cooking Ingredients and Meals 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: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.

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

Why buy this report?

  • Get a detailed picture of the Cooking Ingredients and Meals 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

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 1 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
  • Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
  • Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
  • Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
  • Table 7 Penetration of Private Label by Category: % Value 2018-2023
  • Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
  • Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
  • Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
  • Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
  • Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
EDIBLE OILS IN HUNGARYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Price cap for sunflower oil boosts demand in 2023, while retailers reduce risk by optimising their portfolios
  • Olive oil benefits from health and wellness trends
  • Vénusz taps into functional food trend
PROSPECTS AND OPPORTUNITIES
  • Olive oil to lead growth, thanks to its known health benefits, with flavoured varieties gaining traction
  • Sunflower oil producers will focus on premium varieties, at the expense of blended options
  • E-commerce set to make further gains
CATEGORY DATA
  • Table 13 Sales of Edible Oils by Category: Volume 2018-2023
  • Table 14 Sales of Edible Oils by Category: Value 2018-2023
  • Table 15 Sales of Edible Oils by Category: % Volume Growth 2018-2023
  • Table 16 Sales of Edible Oils by Category: % Value Growth 2018-2023
  • Table 17 NBO Company Shares of Edible Oils: % Value 2019-2023
  • Table 18 LBN Brand Shares of Edible Oils: % Value 2020-2023
  • Table 19 Distribution of Edible Oils by Format: % Value 2018-2023
  • Table 20 Forecast Sales of Edible Oils by Category: Volume 2023-2028
  • Table 21 Forecast Sales of Edible Oils by Category: Value 2023-2028
  • Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2023-2028
  • Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2023-2028
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 24 Sales of Meals and Soups by Category: Volume 2018-2023
  • Table 25 Sales of Meals and Soups by Category: Value 2018-2023
  • Table 26 Sales of Meals and Soups by Category: % Volume Growth 2018-2023
  • Table 27 Sales of Meals and Soups by Category: % Value Growth 2018-2023
  • Table 28 Sales of Chilled Ready Meals by Ethnicity: % Value 2018-2023
  • Table 29 Sales of Frozen Ready Meals by Ethnicity: % Value 2018-2023
  • Table 30 NBO Company Shares of Meals and Soups: % Value 2019-2023
  • Table 31 LBN Brand Shares of Meals and Soups: % Value 2020-2023
  • Table 32 Distribution of Meals and Soups by Format: % Value 2018-2023
  • Table 33 Forecast Sales of Meals and Soups by Category: Volume 2023-2028
  • Table 34 Forecast Sales of Meals and Soups by Category: Value 2023-2028
  • Table 35 Forecast Sales of Meals and Soups by Category: % Volume Growth 2023-2028
  • Table 36 Forecast Sales of Meals and Soups by Category: % Value Growth 2023-2028
SAUCES, DIPS AND CONDIMENTS IN HUNGARYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Supply chain disruptions and adverse weather conditions pose challenges for manufacturers
  • Barbecues, outdoor cooking and TV streaming services have positive impact on sales
  • Univer focuses on spicy sauces
PROSPECTS AND OPPORTUNITIES
  • The market will become increasingly polarised
  • Rise of authentic, international cuisine will have positive impact on sales
  • Packaging will have eco-friendly focus
CATEGORY DATA
  • Table 37 Sales of Sauces, Dips and Condiments by Category: Volume 2018-2023
  • Table 38 Sales of Sauces, Dips and Condiments by Category: Value 2018-2023
  • Table 39 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2018-2023
  • Table 40 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2018-2023
  • Table 41 Sales of Liquid Recipe Sauces by Type: % Value 2018-2023
  • Table 42 NBO Company Shares of Sauces, Dips and Condiments: % Value 2019-2023
  • Table 43 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2020-2023
  • Table 44 Distribution of Sauces, Dips and Condiments by Format: % Value 2018-2023
  • Table 45 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2023-2028
  • Table 46 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2023-2028
  • Table 47 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2023-2028
  • Table 48 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2023-2028
SWEET SPREADS IN HUNGARYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Chocolate spreads lead growth, thanks to stable contribution of Nutella
  • Hungary bans Ukrainian honey imports in order to support domestic producers
  • Inflationary pressures facilitate trend towards home-made jams
PROSPECTS AND OPPORTUNITIES
  • Consumers will seek out sweet forms of indulgence
  • Shift towards healthier ingredients
  • Unique flavour combinations will help manufacturers to add value
CATEGORY DATA
  • Table 49 Sales of Sweet Spreads by Category: Volume 2018-2023
  • Table 50 Sales of Sweet Spreads by Category: Value 2018-2023
  • Table 51 Sales of Sweet Spreads by Category: % Volume Growth 2018-2023
  • Table 52 Sales of Sweet Spreads by Category: % Value Growth 2018-2023
  • Table 53 NBO Company Shares of Sweet Spreads: % Value 2019-2023
  • Table 54 LBN Brand Shares of Sweet Spreads: % Value 2020-2023
  • Table 55 Distribution of Sweet Spreads by Format: % Value 2018-2023
  • Table 56 Forecast Sales of Sweet Spreads by Category: Volume 2023-2028
  • Table 57 Forecast Sales of Sweet Spreads by Category: Value 2023-2028
  • Table 58 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2023-2028
  • Table 59 Forecast Sales of Sweet Spreads by Category: % Value Growth 2023-2028