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Cooking Ingredients and Meals in Slovakia

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    Report

  • 49 Pages
  • November 2023
  • Region: Slovakia
  • Euromonitor International
  • ID: 5567588
Cooking ingredients and meals in Slovakia continues to feel the impact of rising unit prices in 2023, driving up value sales growth. As a result, Slovak consumers are becoming thriftier, allocating more of their budgets to essential expenditures such as housing and staple foods, for example. Under these market conditions, price promotions and discounts are increasingly sought after with saving money become an almost obsessive pursuit for a growing number of local consumers.

The Cooking Ingredients and Meals in Slovakia 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 SLOVAKIA
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 SLOVAKIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • High prices remain though price wars curb increases
  • Foodservice continues to recover, limiting growth in retail, as private label players face stiff competition
  • Butter proves popular as consumers seek low-cost alternatives, while health trends continue to make their mark
PROSPECTS AND OPPORTUNITIES
  • Ukrainian refugees to boost demand, though reduced meat consumption will hinder growth
  • Private label growth to be limited, while local, sustainable options are set to gain ground
  • EU clamps down on greenwashing
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 SLOVAKIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Economy ready meals see rising demand in an overall declining category
  • Foodservice growth hampers retail rises
  • Frozen meals lead growth as private label expands
PROSPECTS AND OPPORTUNITIES
  • Vegan and vegetarian options set to gain greater ground
  • Possible change in VAT rate could benefit vegan and other health-positioned products
  • Healthy soups to rise though lower-cost products will remain popular
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 SLOVAKIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Consumers continue to show growing interest in oriental options, with retailers benefiting from Asian food stands
  • Doma shuts down production in Slovakia
  • Competition intensifies through the rise of private label and fierce price wars, while clean and green products continue to expand
PROSPECTS AND OPPORTUNITIES
  • E-Commerce and delivery innovation to supercharge convenience factor
  • Innovation in grilling will support sales
  • Persistent convenience trend drives demand for specialisations, with larger pack sizes attracting consumers
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 Sales of Other Sauces and Condiments by Type: Rankings 2018-2023
  • Table 43 NBO Company Shares of Sauces, Dips and Condiments: % Value 2019-2023
  • Table 44 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2020-2023
  • Table 45 Distribution of Sauces, Dips and Condiments by Format: % Value 2018-2023
  • Table 46 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2023-2028
  • Table 47 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2023-2028
  • Table 48 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2023-2028
  • Table 49 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2023-2028
SWEET SPREADS IN SLOVAKIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Higher prices and the recovery of foodservice undermine retail volume sales, and ethical brands remain popular despite diminishing household budgets
  • Jams and preserves impacted by rise in home preservation practices as consumers shift further away from sugar
  • Honey exceeds expectations in 2023
PROSPECTS AND OPPORTUNITIES
  • Honey may face new labelling legislation
  • Distribution channels will feel impact of improved purchasing power
  • Domestic players set to see growth while health trends will continue to inform innovation
CATEGORY DATA
  • Table 50 Sales of Sweet Spreads by Category: Volume 2018-2023
  • Table 51 Sales of Sweet Spreads by Category: Value 2018-2023
  • Table 52 Sales of Sweet Spreads by Category: % Volume Growth 2018-2023
  • Table 53 Sales of Sweet Spreads by Category: % Value Growth 2018-2023
  • Table 54 NBO Company Shares of Sweet Spreads: % Value 2019-2023
  • Table 55 LBN Brand Shares of Sweet Spreads: % Value 2020-2023
  • Table 56 Distribution of Sweet Spreads by Format: % Value 2018-2023
  • Table 57 Forecast Sales of Sweet Spreads by Category: Volume 2023-2028
  • Table 58 Forecast Sales of Sweet Spreads by Category: Value 2023-2028
  • Table 59 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2023-2028
  • Table 60 Forecast Sales of Sweet Spreads by Category: % Value Growth 2023-2028