Convenience Food - Czechia

Czechia

Highlights

Revenue in the Convenience Food market amounts to US$1.07bn in 2024. The market is expected to grow annually by 4.46% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$154bn in 2024).
In relation to total population figures, per person revenues of US$101.80 are generated in 2024.
In the Convenience Food market, volume is expected to amount to 212.30m kg by 2029. The Convenience Food market is expected to show a volume growth of 2.6% in 2025.0.
The average volume per person in the Convenience Food market is expected to amount to 18.0kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Convenience Food Market in Czechia is experiencing slow growth due to various factors, such as increasing health awareness among consumers and the convenience of ready-to-eat meals and soups. However, the market growth is hindered by the negligible growth rate, possibly caused by the saturation of the market and a shift towards healthier food options.

Customer preferences: Convenience and time-saving have become top priorities for consumers in the Czechia convenience food market. As a result, there has been a rise in demand for pre-packaged, ready-to-eat meals and snacks that offer convenience without sacrificing quality or flavor. Additionally, with the increasing number of working professionals and busy lifestyles, there has been a growing preference for healthier options such as plant-based and low-calorie convenience foods. This trend is also influenced by the rising awareness of the importance of healthy eating and the impact of food choices on overall well-being.

Trends in the market: In Czechia, the Convenience Food market is experiencing an increase in demand for healthier and more sustainable options. This trend is being driven by a growing awareness of the impact of processed foods on health and the environment. In response, major players in the industry are investing in research and development to introduce more nutritious and environmentally-friendly convenience food options. This trend is expected to continue, with consumers becoming more health-conscious and environmentally aware. This presents an opportunity for industry stakeholders to capitalize on this trend by offering innovative and sustainable convenience food products.

Local special circumstances: In Czechia, the Convenience Food Market is thriving due to the fast-paced lifestyle and increasing urbanization. The country's geographical location and history of being part of the former Eastern Bloc have influenced the types of convenience foods available, with a strong focus on traditional, hearty dishes. Additionally, the Czech government has implemented strict regulations on food labeling and ingredients, ensuring transparency and quality for consumers. This has also led to the popularity of convenience food options that are locally sourced and made with natural ingredients.

Underlying macroeconomic factors: The Convenience Food Market in Czechia is heavily influenced by macroeconomic factors such as consumer spending power, inflation rates, and economic policies. The country's stable economic growth and rising disposable income have led to a higher demand for convenience food products. Additionally, the increasing trend of busy lifestyles and the growing number of working women have also contributed to the growth of the market. However, the market may face challenges due to rising health concerns and a shift towards healthier food choices among consumers. These factors demonstrate the significant impact of macroeconomic factors on the performance of the Convenience Food Market in Czechia, highlighting the need for companies to closely monitor and adapt to these trends.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.