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Meals and Soups in Australia

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    Report

  • 22 Pages
  • October 2024
  • Region: Australia
  • Euromonitor International
  • ID: 5731911
Despite a rise in the average unit price, retail demand for meals and soups in Australia continues to grow across the category, with chilled ready meals, food kits, and prepared salads particularly strong performers. Local consumers are reducing visits to foodservice to better control their budgets in the face of inflation and the rising cost of living.

Meals and Soups in Australia 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 <|Year|> directly informs our forecasts to 2028, 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

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Rising demand for meals and soups as consumers search for convenient but healthy meal solutions
  • Ready meals continues to expand with new Korean flavours
  • Packaging formats evolve to adapt to consumers’ changing lifestyles
PROSPECTS AND OPPORTUNITIES
  • Further growth opportunities as busy consumers rely on quick meal solutions
  • Soup players explore weight management and wellbeing claims
  • E-commerce offers further growth potential but not without challenges
CATEGORY DATA
  • Table 1 Sales of Meals and Soups by Category: Volume 2019-2024
  • Table 2 Sales of Meals and Soups by Category: Value 2019-2024
  • Table 3 Sales of Meals and Soups by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Meals and Soups by Category: % Value Growth 2019-2024
  • Table 5 Sales of Chilled Ready Meals by Ethnicity: % Value 2019-2024
  • Table 6 Sales of Frozen Ready Meals by Ethnicity: % Value 2019-2024
  • Table 7 Sales of Soup by Leading Flavours: Rankings 2019-2024
  • Table 8 NBO Company Shares of Meals and Soups: % Value 2020-2024
  • Table 9 LBN Brand Shares of Meals and Soups: % Value 2021-2024
  • Table 10 Distribution of Meals and Soups by Format: % Value 2019-2024
  • Table 11 Forecast Sales of Meals and Soups by Category: Volume 2024-2029
  • Table 12 Forecast Sales of Meals and Soups by Category: Value 2024-2029
  • Table 13 Forecast Sales of Meals and Soups by Category: % Volume Growth 2024-2029
  • Table 14 Forecast Sales of Meals and Soups by Category: % Value Growth 2024-2029
COOKING INGREDIENTS AND MEALS IN AUSTRALIA
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 15 Sales of Cooking Ingredients and Meals by Category: Volume 2019-2024
  • Table 16 Sales of Cooking Ingredients and Meals by Category: Value 2019-2024
  • Table 17 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2019-2024
  • Table 18 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2019-2024
  • Table 19 NBO Company Shares of Cooking Ingredients and Meals: % Value 2020-2024
  • Table 20 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2021-2024
  • Table 21 Penetration of Private Label by Category: % Value 2019-2024
  • Table 22 Distribution of Cooking Ingredients and Meals by Format: % Value 2019-2024
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2024-2029
  • Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2024-2029
  • Table 25 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2024-2029
  • Table 26 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources