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Dublin, January 24, 2024 (GLOBE NEWSWIRE) — “Ingredients & Meals for Cooking in the UK” has been added to the ResearchAndMarkets. com offering.
Extensive industry studies shed light on the driving forces shaping the UK’s kitchen and meal ingredients landscape. The lingering effect of the 2022 inflationary wave, exacerbated by Russia’s ongoing invasion of Ukraine, has led to continued economic pressures. In addition, the cooking of ingredients and foods is facing the consequences of climate change, adding excessive temperatures, which are affecting food production and origin chains. The Cooking Ingredients and Meals in United Kingdom report provides in-depth knowledge of the market nationally, offering local insights and understanding not only in addition to the most recent retail sales data from 2018-2022, identifies the most sensible companies, brands, and outlets, and assesses key demographic trends and changes driving customer 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.Key report benefits
Get detailed market information for cooking and eating ingredients;
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 the expected evolution of the market.
Key Topics Covered: EXECUTIVE SUMMARY
Cooking Ingredients & Meals in 2023: Overview
Key in 2023
Competitive landscape
Channel Developments
What are there for cooking ingredients and meals?
EDIBLE OILS IN THE UK: KEY DATA PREVIEWS IN 2023
Unit costs persist, leading to movements between categories
Continuous substitution and percentage of label development.
Increased popularity of various product formats, including spray bottles
PROSPECTS AND OPPORTUNITIES
Extreme Weather, Climate Change, and Implications for Edible Oils
Other edible oils are expected to experience resilience and a varied product offering.
Sustainability of Expected Progress
MEALS AND SOUPS IN THE UK: KEY DATA PREVIEWS IN 2023
Inflation pushes value growth, and delay of HFSS prevents further volume decline
New restaurant developments and drive for innovation
Declining budgets are causing a stabilization in the expansion of meal kits, while prepared foods are seeing an improvement as consumers return to busier lifestyles.
PROSPECTS AND OPPORTUNITIES
Health and wellness in food and plant-based innovation in soups are expected to drive growth.
Frozen and quality changes.
Convenience trend likely to boost quick recipe kits, and plant-based ready meals set to see growth
SAUCES, DIPS AND CONDIMENTS IN THE UNITED KINGDOM KEY DATA RESULTS EVOLUTION IN 2023
Steep unit price rises and supply chain challenges persist
Shrinkflation and others undertaken through corporations to offset emerging costs
A call for innovation and versatility motivated through fragrances
PROSPECTS AND OPPORTUNITIES
Increasing Priority in and Wellness
Exciting sauce to satisfy the palate of converted customers
Focus on the premiumization of pasta sauces
DIFFERENT SWEETS IN THE UK: KEY DATA RESULTS FOR 2023
Continued fluctuations in prices of key ingredients in sweet spreads
Private label gains in honey and chocolate spreads
Innovation in non-traditional flavours and plant-based alternatives
PROSPECTS AND OPPORTUNITIES
Healthier variants are more likely to bounce back, with continued demand for fitness degrees
New sizes and textures for versatility.
Increase in sustainably sourced ingredients.
For more information about this report visit https://www.researchandmarkets.com/r/2szcn4Source: Euromonitor International
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