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Convenience Food - Mauritius

Mauritius
  • Revenue in the Convenience Food market amounts to US$210.30m in 2024. The market is expected to grow annually by 5.73% (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$161.60 are generated in 2024.
  • In the Convenience Food market, volume is expected to amount to 38.59m kg by 2029. The Convenience Food market is expected to show a volume growth of 2.2% in 2025.0.
  • The average volume per person in the Convenience Food market is expected to amount to 27.0kg in 2024.

Definition:

The Convenience Food market covers any form of pre-packaged or prepared food that is intended to be simple to prepare or consume quickly, requiring little to no cooking or other preparation. Examples include ready-to-eat meals, frozen dinners, and soups. The focus of these meals is less on quality and nutrition and more on convenience and accessibility.

Structure:

The market consists of two different submarkets:

  • The Ready-to-Eat Meals market covers products that require minimal preparation by the consumer, i.e., meals that only require heating up.
  • The Soups market covers finished products such as powders for making soup (instant soups), and broth or liquid soups that are purchased in prepared form (tinned soups).

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope

  • Ready-to-eat meals
  • Soups

Out-Of-Scope

  • Fresh cut salad
  • Frozen vegetables
  • Cut fruit
  • Out-of-home consumption
Convenience Food: market data & analysis - Cover

Market Insights report

Convenience Food: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Convenience Food Market in Mauritius is experiencing minimal growth, influenced by factors such as the increasing demand for ready-to-eat meals and soups, as well as the convenience and health consciousness of consumers towards online food services. Despite the slow growth rate, the market is expected to see steady development as digital technologies continue to be adopted in the food industry.

    Customer preferences:
    As convenience becomes a key priority for consumers in Mauritius, the demand for ready-to-eat and easy-to-prepare convenience food products is on the rise. This trend is particularly evident among the busy urban population, who are looking for quick and hassle-free meal options. Additionally, the growing number of working women and the rise in dual-income households are driving the demand for convenience foods, as they offer a time-saving solution for busy families.

    Trends in the market:
    In Mauritius, the Convenience Food Market within The Food market is experiencing a shift towards healthier options, driven by increasing health awareness among consumers. This trend is reflected in the rising demand for organic and natural convenience food products, as well as the introduction of new product lines catering to specific dietary needs, such as gluten-free and vegan options. These trends are expected to continue in the future, as consumers prioritize health and wellness. For industry stakeholders, this presents opportunities for innovation and growth in the market, as well as the need to adapt and meet changing consumer demands.

    Local special circumstances:
    In Mauritius, the Convenience Food Market within The Food market is heavily influenced by the country's unique cultural diversity, with a mix of Indian, Chinese, and European influences. This has led to a wide range of convenience food options, catering to different tastes and preferences. Additionally, the island's small size and high tourism industry have resulted in a demand for quick and easy meals, driving the growth of the convenience food market. Government regulations promoting food safety and quality have also played a role in shaping the market dynamics.

    Underlying macroeconomic factors:
    The Convenience Food Market within The Food market in Mauritius is heavily impacted by macroeconomic factors such as consumer spending, inflation rates, and economic stability. As the country continues to experience steady economic growth, the demand for convenience foods is expected to increase. Moreover, government initiatives to attract foreign investment and promote tourism are also contributing to the growth of the convenience food market in Mauritius. Additionally, the rising urbanization and changing lifestyles of the population are fueling the demand for convenient and ready-to-eat food options, further driving the growth of the convenience food market in the country.

    Methodology

    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.

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    Convenience Food: market data & analysis - BackgroundConvenience Food: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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