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Cooking Ingredients and Meals in New Zealand

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    Report

  • 49 Pages
  • October 2024
  • Region: New Zealand
  • Euromonitor International
  • ID: 5567483
In 2024, New Zealand faced ongoing economic challenges, including high inflation rates and a technical recession that significantly impacted consumer budgets. Retail current value sales growth remained strong, primarily driven by broader inflationary pressures. In response to the economic landscape, consumer purchasing habits shifted towards more efficient and cost-saving solutions.

The publisher's Cooking Ingredients and Meals in New Zealand 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 2019-2023, 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 in 2024 directly informs our forecasts to 2028, 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 NEW ZEALAND
EXECUTIVE SUMMARY
  • Cooking ingredients and meals in 2024: The big picture
  • Key trends in 2024
  • Competitive landscape
  • Channel developments
  • What next for cooking ingredients and meals?
MARKET DATA
  • Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2019-2024
  • Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2019-2024
  • Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2019-2024
  • Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2020-2024
  • Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2021-2024
  • Table 7 Penetration of Private Label by Category: % Value 2019-2024
  • Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2019-2024
  • Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2024-2029
  • Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2024-2029
  • Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2024-2029
  • Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
EDIBLE OILS IN NEW ZEALANDKEY DATA FINDINGS
2024 DEVELOPMENTS
  • The shortage of olive oil leads consumers to look for suitable alternatives
  • A rise in private label products as consumers look for affordable essentials
  • Brands offer a variety of pack sizes to appeal to cost-saving consumers
PROSPECTS AND OPPORTUNITIES
  • Brands focus on marketing olive oil substitutes, with a focus on local production
  • Players are set to highlight health benefits to enhance consumer awareness
  • Olive oil blends present an opportunity for innovation and growth
CATEGORY DATA
  • Table 13 Sales of Edible Oils by Category: Volume 2019-2024
  • Table 14 Sales of Edible Oils by Category: Value 2019-2024
  • Table 15 Sales of Edible Oils by Category: % Volume Growth 2019-2024
  • Table 16 Sales of Edible Oils by Category: % Value Growth 2019-2024
  • Table 17 NBO Company Shares of Edible Oils: % Value 2020-2024
  • Table 18 LBN Brand Shares of Edible Oils: % Value 2021-2024
  • Table 19 Distribution of Edible Oils by Format: % Value 2019-2024
  • Table 20 Forecast Sales of Edible Oils by Category: Volume 2024-2029
  • Table 21 Forecast Sales of Edible Oils by Category: Value 2024-2029
  • Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2024-2029
  • Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2024-2029
MEALS AND SOUPS IN NEW ZEALANDKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Affordable convenience remains highly attractive for busy consumers
  • The home cooking trends drives the rise of fake-aways in New Zealand
  • Despite rising prices, health and wellness remains a key priority
PROSPECTS AND OPPORTUNITIES
  • Variety and exploration in flavours is key for forecast innovation
  • Emphasis on local sourcing and specific dietary requirements boosts sales
  • Health, nutrition and functional benefits will drive new launches over the forecast period
CATEGORY DATA
  • Table 24 Sales of Meals and Soups by Category: Volume 2019-2024
  • Table 25 Sales of Meals and Soups by Category: Value 2019-2024
  • Table 26 Sales of Meals and Soups by Category: % Volume Growth 2019-2024
  • Table 27 Sales of Meals and Soups by Category: % Value Growth 2019-2024
  • Table 28 Sales of Chilled Ready Meals by Ethnicity: % Value 2019-2024
  • Table 29 Sales of Frozen Ready Meals by Ethnicity: % Value 2019-2024
  • Table 30 Sales of Soup by Leading Flavours: Rankings 2019-2024
  • Table 31 NBO Company Shares of Meals and Soups: % Value 2020-2024
  • Table 32 LBN Brand Shares of Meals and Soups: % Value 2021-2024
  • Table 33 Distribution of Meals and Soups by Format: % Value 2019-2024
  • Table 34 Forecast Sales of Meals and Soups by Category: Volume 2024-2029
  • Table 35 Forecast Sales of Meals and Soups by Category: Value 2024-2029
  • Table 36 Forecast Sales of Meals and Soups by Category: % Volume Growth 2024-2029
  • Table 37 Forecast Sales of Meals and Soups by Category: % Value Growth 2024-2029
SAUCES, DIPS AND CONDIMENTS IN NEW ZEALANDKEY DATA FINDINGS
2024 DEVELOPMENTS
  • The rise of cooking at home boosts sales of sauces, herbs and spices
  • Affordability and multiple pack sizes appeal to consumers managing their budgets
  • Health and wellness remains a key driver of innovation and sales
PROSPECTS AND OPPORTUNITIES
  • Traditional products have strong brand loyalty, however, space for innovation remains
  • The rising Asian demographic creates solid opportunities for flavour innovation
  • Innovation will focus on balancing interesting flavours with nutritional benefits
CATEGORY DATA
  • Table 38 Sales of Sauces, Dips and Condiments by Category: Volume 2019-2024
  • Table 39 Sales of Sauces, Dips and Condiments by Category: Value 2019-2024
  • Table 40 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2019-2024
  • Table 41 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2019-2024
  • Table 42 Sales of Liquid Recipe Sauces by Type: % Value 2019-2024
  • Table 43 Sales of Other Sauces and Condiments by Type: Rankings 2019-2024
  • Table 44 NBO Company Shares of Sauces, Dips and Condiments: % Value 2020-2024
  • Table 45 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2021-2024
  • Table 46 Distribution of Sauces, Dips and Condiments by Format: % Value 2019-2024
  • Table 47 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2024-2029
  • Table 48 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2024-2029
  • Table 49 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2024-2029
  • Table 50 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2024-2029
SWEET SPREADS IN NEW ZEALANDKEY DATA FINDINGS
2024 DEVELOPMENTS
  • The rise in health awareness drives ongoing sales of honey in 2024
  • Collaboration leads to premiumisation on the sweet spreads landscape
  • Nutrition and natural ingredients lead nut and seed-based spreads to lead sales
PROSPECTS AND OPPORTUNITIES
  • Innovation in sweet spreads is set to align with dietary trends and habits
  • Nut and seed based spreads is the most dynamic performer over the forecast period
  • As consumer confidence grows, brands focus innovations on functional ingredients
CATEGORY DATA
  • Table 51 Sales of Sweet Spreads by Category: Volume 2019-2024
  • Table 52 Sales of Sweet Spreads by Category: Value 2019-2024
  • Table 53 Sales of Sweet Spreads by Category: % Volume Growth 2019-2024
  • Table 54 Sales of Sweet Spreads by Category: % Value Growth 2019-2024
  • Table 55 Sales of Jams and Preserves by Leading Flavours: Rankings 2019-2024
  • Table 56 NBO Company Shares of Sweet Spreads: % Value 2020-2024
  • Table 57 LBN Brand Shares of Sweet Spreads: % Value 2021-2024
  • Table 58 Distribution of Sweet Spreads by Format: % Value 2019-2024
  • Table 59 Forecast Sales of Sweet Spreads by Category: Volume 2024-2029
  • Table 60 Forecast Sales of Sweet Spreads by Category: Value 2024-2029
  • Table 61 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2024-2029
  • Table 62 Forecast Sales of Sweet Spreads by Category: % Value Growth 2024-2029