In 2024, cooking ingredients and meals in Laos continued to be hampered by high inflationary pressure on fuel and product prices as well as an urban-centric demand. Nonetheless, growth opportunities were derived from population increases, urbanisation, a rising middle-to-high-income population, improved logistics/infrastructure, lifestyle changes and faster tourism flows.
A limited number of local companies are active in processing cooking ingredients and meals in Laos. As a result, the government supports the category through various initiatives funded by international development donors like the World Bank, Australian Aid, Irish Aid and others.
Laos is a small, landlocked country where forests play a crucial role in providing food and income for many rural communities. Since most rural households rely on subsistence farming, they often lack the income needed to afford a varied and nutritious diet.
Hopes for a swift economic recovery after the COVID-19 pandemic were derailed by both internal and external factors that negatively impacted household living standards. Domestically, the depreciation of the local currency and high inflation, driven by substantial external debt and low foreign exchange reserves, caused prices to soar, especially for imported fuel, food and medicine.
Logistical issues face distributors in Laos, with many roads being poorly maintained. Poor road infrastructure even impacts major cities like Vientiane, with the rising ownership of vehicles putting pressure on many roads.
Further healthy, if slowing, retail and foodservice volume growth is projected for cooking ingredients and meals in Laos over the forecast period. As with other packaged food categories, population growth, urbanisation, improving economic conditions and logistics developments will support a rise in awareness and demand.
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Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals industry in Laos with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Cooking Ingredients and Meals
This report originates from Passport, our Cooking Ingredients and Meals research and analysis database.
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