This infographic highlights recent trends in staple foods and Euromonitor's projections for the industry. Overall, retail value sales rose by 3.5% in 2024, with baked goods remaining the largest category. Rice, pasta and noodles are forecast to see the fastest growth through to 2029, with this category remaining resilient during inflationary pressures as one of the cheapest sources of carbohydrates and a vital part of diets worldwide. Rising ingredient costs, regulatory changes, and shifting preferences continue to reshape staple food categories, impacting consumer choices and industry growth.
Learn how you can use Euromonitor's Industry Forecast Models to more accurately predict future demand for packaged food by reading our report, Unpacking the Drivers of Global Packaged Food Demand.