Cooking ingredients and meals returned to total volume growth in Ethiopia in 2024. The edible oils category continued to dominate sales during the year.
Cooking ingredients and meals were significantly affected by economic challenges in Ethiopia in 2024. High inflation significantly increased unit prices which muted growth of non-essential categories towards the end of the review period.
Overall, the cooking ingredients and meals market in Ethiopia is largely underdeveloped with limited local production. However, there is increasing investment into local production, such as the edible oils partnership of SAMANU and Norfund.
The worst drought in 40 years pushed local food prices up towards the end of the review period and, on top of this, the war in Ukraine led to further pressure on prices, stemming from increased fuel prices. In order to curb inflation, interest rates were raised and the currency also depreciated, which made imports in particular more expensive.
Informal retailing is prevalent across Ethiopia. Amongst formal retailers, traditional retailers are the preferred choice for most consumers, with open markets being especially popular.
The rate of growth in retail volume sales of cooking ingredients and meals will remain robust throughout the forecast period, with economic growth, population growth, expansion in the country’s middle class and urbanisation being the main drivers of expansion.
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Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals industry in Ethiopia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Cooking Ingredients and Meals industry in Ethiopia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cooking Ingredients and Meals
This report originates from Passport, our Cooking Ingredients and Meals research and analysis database.
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