In April 2025, the food price index in New Zealand had risen by around *** percent in comparison to the same period of the previous year. The rising cost of food products contributed to the overall increasing cost of living in the country.

Cost of food in New Zealand increased 5 percent in July of 2025 over the same month in the previous year. This dataset provides - New Zealand Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In November 2024, the monthly change in the food price index of eggs in New Zealand amounted to *** percent. Across the given period, the sharpest increase in the food price index of eggs in the country was witnessed in February 2023.

New Zealand Food Price Index: Grocery Food: Milk, Cheese & Eggs data was reported at 1,302.000 Jun2006=1000 in Dec 2017. This records an increase from the previous number of 1,301.000 Jun2006=1000 for Nov 2017. New Zealand Food Price Index: Grocery Food: Milk, Cheese & Eggs data is updated monthly, averaging 1,167.000 Jun2006=1000 from Jun 1999 (Median) to Dec 2017, with 223 observations. The data reached an all-time high of 1,351.000 Jun2006=1000 in Jun 2014 and a record low of 880.000 Jun2006=1000 in Mar 2000. New Zealand Food Price Index: Grocery Food: Milk, Cheese & Eggs data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I010: Food Price Index: Jun2006=1000.

Key information about New Zealand CPI: Food and Non Alcoholic Beverage Change

• New Zealand CPI: Food and Non Alcoholic Beverage Change was reported at 2.257 % in Jan 2025.
• This records an increase from the previous number of 1.496 % for Dec 2024.
• New Zealand CPI: Food and Non Alcoholic Beverage Change data is updated monthly, averaging 3.555 % from Jan 1961 to Jan 2025, with 769 observations.
• The data reached an all-time high of 25.198 % in Mar 1980 and a record low of -1.987 % in Jun 2010.
• New Zealand CPI: Food and Non Alcoholic Beverage Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: CPI: Food and Non Alcoholic Beverage: Y-o-Y Growth: Monthly.

In November 2019, the food price index of eggs in New Zealand was *****. This indicates an increase in the price that households in New Zealand paid for eggs compared to the base month of June 2017. On the other hand, the relative price paid for yoghurt decreased in the same period.

New Zealand Food Price Index: Grocery Food: Milk, Cheese & Eggs: Yoghurt data was reported at 1,271.000 Jun2006=1000 in Dec 2017. This records an increase from the previous number of 1,154.000 Jun2006=1000 for Nov 2017. New Zealand Food Price Index: Grocery Food: Milk, Cheese & Eggs: Yoghurt data is updated monthly, averaging 1,136.000 Jun2006=1000 from Jun 1999 (Median) to Dec 2017, with 223 observations. The data reached an all-time high of 1,466.000 Jun2006=1000 in Jul 2011 and a record low of 855.000 Jun2006=1000 in Nov 2006. New Zealand Food Price Index: Grocery Food: Milk, Cheese & Eggs: Yoghurt data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I010: Food Price Index: Jun2006=1000.

In November 2019, the food price index of restaurant meals and ready-to-eat food in New Zealand was *****. This indicates an increase in the price that households in New Zealand paid for these products compared to the base month of June 2017.

New Zealand Food Price Index: Restaurant Meals & Ready to Eat Food: Ready to Eat Food data was reported at 1,383.000 Jun2006=1000 in Dec 2017. This records an increase from the previous number of 1,379.000 Jun2006=1000 for Nov 2017. New Zealand Food Price Index: Restaurant Meals & Ready to Eat Food: Ready to Eat Food data is updated monthly, averaging 1,134.000 Jun2006=1000 from Jun 1999 (Median) to Dec 2017, with 223 observations. The data reached an all-time high of 1,383.000 Jun2006=1000 in Dec 2017 and a record low of 798.000 Jun2006=1000 in Jun 1999. New Zealand Food Price Index: Restaurant Meals & Ready to Eat Food: Ready to Eat Food data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I010: Food Price Index: Jun2006=1000.

New Zealand supermarkets, grocery stores and convenience stores derive stable revenue from sales of essential items like bread, milk, fresh produce and household staples, shielding them from significant downturns. The pandemic briefly spurred stockpiling, but inflationary pressures in 2022–23 forced operators to adopt new discounting strategies, especially as rising costs couldn’t always be passed on to budget-conscious shoppers. Demand shifted to private-label products, reflecting consumers’ desire for cost-effective alternatives. While staples continue to anchor demand, these pressures have contributed to an overall decline in industry revenue. Even so, industry retailers still hold an advantage over non-essential retailers by offering core goods that remain indispensable in the consumer basket. Revenue is expected to have crept downwards at an annualised 0.2% over the five years through 2025-26, including an anticipated 0.3% dip in 2025-26, to total $27.3 billion. The industry is highly concentrated, with Foodstuffs and Woolworths earning about 80% of revenue. Fierce rivalry, rising supplier costs and cautious consumer behaviour have eroded industry profitability, though cost-of-living pressures have increased private-label sales. In 2024, both major players faced higher operating expenses, narrower profitability and mounting logistic challenges linked to inflation. To regain momentum in 2025, operators are looking to streamline costs through supply chain automation and by broadening their private-label offerings, reflecting an ongoing effort to balance aggressive pricing strategies with sustainable margins in a challenging retail environment. As sentiment remains below pre-pandemic levels, supermarkets are projected to emphasise essentials and mid-range goods while selectively enhancing premium ranges. Private-label products will continue to gain traction as in-house production helps contain costs and boost margins. Online shopping is poised to become more prominent through improved apps, personalised promotions and streamlined logistics, though heightened overhead costs may erode profitability if unmanaged. Operators that use data analytics effectively will tailor supply chains, maintain loyalty and capture untapped demand. Over the next five years, this integrated approach, combining private labels and strong digital channels, is set to shape the industry’s profitability and consumer engagement. Revenue is forecast to climb at an annualised 1.5% over the five years through 2030-31 to $29.4 billion.

In November 2019, the food price index of grocery food in New Zealand was *****. This indicates an increase in the price that households in New Zealand paid for these products compared to the base month of June 2017.

New Zealand: Hotel and restaurant price index, world average = 100: The latest value from 2021 is 173.37 index points, an increase from 140.97 index points in 2017. In comparison, the world average is 81.95 index points, based on data from 165 countries. Historically, the average for New Zealand from 2017 to 2021 is 157.17 index points. The minimum value, 140.97 index points, was reached in 2017 while the maximum of 173.37 index points was recorded in 2021.

Companies in the Catering Services industry have faced various challenges in recent years. Nonetheless, industry revenue is expected to increase at an annualised 2.1% over the five years through 2024-25 to $1.2 billion as industry demand has picked up following the lifting of pandemic restrictions. This includes a 1.4% revenue increase in 2024-25. The challenges faced by the industry can be attributed to a combination of factors, including increased market competition and shifts in consumer spending habits, as individuals and businesses opt for more cost-effective alternatives to traditional catering. Volatility in raw material costs has also pressured the industry's revenue, leading to caterers re-evaluating their pricing strategies. Moreover, the rise of dietary preferences and health-conscious eating has necessitated a change in caterers’ offerings, with consumer demand trending towards more diverse and customised menu options. Increased airline catering demand over the past three years as travel resumes has significantly boosted industry performance. The industry includes several larger catering service providers, including Compass Group, Spotless and LSG Sky Chefs, which typically have contracts with large corporate clients. The industry also comprises numerous smaller independent companies that cater to smaller events, like wedding receptions, engagements and other private functions. With the industry's diverse and fragmented nature, these smaller caterers only serve their local market or specific geographic areas. Premiumisation trends have encouraged smaller providers to enter the industry seeking to serve the higher end of the market, contributing to growth in enterprise numbers. Revenue is forecast to rise at an annualised 2.9% over the five years through 2029-30 to $1.4 billion. Rising business confidence and consumer sentiment will bolster demand for private and corporate catering events. Demand for airline catering services will continue increasing. However, intensifying industry competition will likely constrain revenue growth as some caterers lower prices to remain competitive. Growth in consumer demand for high-margin, gourmet food options will increase profitability.

New Zealand Food Price Index: Grocery Food: Milk, Cheese & Eggs: Preserved Milk data was reported at 1,469.000 Jun2006=1000 in Dec 2017. This records an increase from the previous number of 1,454.000 Jun2006=1000 for Nov 2017. New Zealand Food Price Index: Grocery Food: Milk, Cheese & Eggs: Preserved Milk data is updated monthly, averaging 1,397.000 Jun2006=1000 from Jun 2006 (Median) to Dec 2017, with 139 observations. The data reached an all-time high of 1,532.000 Jun2006=1000 in Apr 2015 and a record low of 1,000.000 Jun2006=1000 in Jun 2006. New Zealand Food Price Index: Grocery Food: Milk, Cheese & Eggs: Preserved Milk data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I010: Food Price Index: Jun2006=1000.

New Zealand Food Price Index: Grocery Food: Bread & Cereals: Breakfast Cereals data was reported at 1,142.000 Jun2006=1000 in Dec 2017. This records an increase from the previous number of 1,138.000 Jun2006=1000 for Nov 2017. New Zealand Food Price Index: Grocery Food: Bread & Cereals: Breakfast Cereals data is updated monthly, averaging 933.656 Jun2006=1000 from Jan 1989 (Median) to Dec 2017, with 348 observations. The data reached an all-time high of 1,256.000 Jun2006=1000 in Mar 2015 and a record low of 703.214 Jun2006=1000 in Apr 1989. New Zealand Food Price Index: Grocery Food: Bread & Cereals: Breakfast Cereals data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I010: Food Price Index: Jun2006=1000.

Increased consumer demand for health-conscious and eco-friendly products has driven innovation in the Tea, Coffee and Other Food Manufacturing industry, encouraging manufacturers to adopt sustainable packaging, prioritise locally sourced ingredients and incorporate natural additives. This shift has supported growth in niche markets, while online sales channels and digital tools enhance manufacturers' outreach and supply chain efficiency. However, transport delays and global supply chain issues have increased production costs, with manufacturers forced to adjust their sourcing strategies and inventory levels to avoid disruptions. This downturn is expected to have caused an annualised revenue decline of 1.7% over the five years through 2024-25, with total revenue reaching $3.2 billion. Additionally, competitive pressures, particularly from imports, have limited profit margins, prompting manufacturers to adopt premiumisation trends to capture value through high-quality specialty products, contributing to revenue declining by an estimated 1.4% in 2024-25. Manufacturers produce consumer-ready processed foods for supermarket shelves and products for other food manufacturing industries. The domestic retail market’s small size has increased the proportion of tea, coffee and other manufactured food sold in export markets. In particular, blended honey has performed strongly as manufacturers have successfully leveraged global perceptions of New Zealand produce's premium quality. That's why honey exports have increased since 2009-10 and continue to grow. However, manuka honey prices have declined from a peak in 2017-18 because of an excess honey supply. Industry revenue is forecast to grow at an annualised 1.9% through the end of 2029-30 to total $3.5 billion. The industry's growth will be increasingly tied to exports, with products like manuka honey, coffee and artisanal teas expanding in international markets, especially Asia. Rising demand for eco-conscious products may drive manufacturers to invest in sustainable ingredients and biodegradable packaging, enhancing their appeal in global markets. Premiumisation trends and consumer interest in niche flavours and health-focused beverages will likely bolster revenue. At the same time, New Zealand's reputation for quality agricultural products provides a strong foundation for expanding into new export markets. Emphasising quality and sustainability, the industry is positioned to capture demand among emerging middle-class consumers in Asia and the Middle East.

The Indian milk protein market, valued at approximately ₹63.3 billion (assuming "Million" refers to Indian Rupees) in 2025, is projected to experience robust growth, driven by a burgeoning population, rising disposable incomes, and increasing awareness of the health benefits of milk protein. This growth is further fueled by the expanding food and beverage industry, particularly the dairy and dairy alternative segments, which are incorporating milk protein into a wider range of products, including yogurt, cheese, infant formula, and protein supplements. The increasing demand for convenient and nutritious food options, coupled with the rising prevalence of health-conscious consumers seeking high-protein diets, contributes significantly to market expansion. Segments like whey protein isolates and concentrates are experiencing particularly high demand due to their superior nutritional profiles and versatility in applications. While challenges such as fluctuating milk prices and stringent regulatory compliance exist, the overall market outlook remains positive, with a projected Compound Annual Growth Rate (CAGR) of 6.79% from 2025 to 2033. Key players are strategically focusing on product innovation, expanding their distribution networks, and targeting niche consumer segments to solidify their market positions. The significant growth in the personal care and cosmetic sector using milk protein derivatives further strengthens market projections. The regional distribution within India showcases varying levels of market penetration, with higher growth anticipated in urban centers and regions with established dairy industries. However, the rising awareness of health and nutrition in rural areas presents a significant opportunity for market expansion. The competitive landscape is marked by both established international players and a growing number of domestic companies, resulting in increased product availability and competitive pricing. The market's future trajectory is strongly influenced by factors such as government policies promoting dairy farming and the development of new technologies that enhance milk protein extraction and processing efficiency. This will create a positive impact on the price and quality of milk proteins, which should further drive market expansion. Recent developments include: August 2022: New Zealand dairy giant Fonterra and bioscience company, Royal DSM, have launched a precision fermentation startup to create sustainable dairy proteins, including milk proteins., June 2022: NZMP, Fonterra's global ingredients and solutions brand, announced the launch of Pro-OptimaTM, a Grade A functional Whey Protein Concentrate (fWPC) including significant casein content, with Tillamook County Creamery Association (TCCA) and Three Mile Canyon Farms in a joint venture called Columbia River Technologies (CRT)., April 2020: Fonterra launched SureProteinTM SoftBar 1000, a milk protein in India that was claimed to be exceptionally soft with a relatively short chew-to-bar formulation. The ingredient was developed to address the high protein, low sugar formulation needs of consumers.. Key drivers for this market are: Increasing Heath Concerns are Boosting the Demand for Milk Protein, Growing Demand for Performance Nutrition and Beverages. Potential restraints include: Increasing Heath Concerns are Boosting the Demand for Milk Protein, Growing Demand for Performance Nutrition and Beverages. Notable trends are: Increasing Heath Concerns are Boosting the Demand for Milk Protein.

In February 2025, the average prepared dishes and meal export price amounted to $16,564 per ton, with an increase of 8.6% against the previous month.

The Australia & New Zealand food flavor and enhancer market is experiencing robust growth, driven by increasing consumer demand for convenient, flavorful, and healthy food products. The market's Compound Annual Growth Rate (CAGR) of 4.47% from 2019 to 2024 suggests a steadily expanding market, projected to continue its upward trajectory through 2033. This growth is fueled by several key factors: the rising popularity of processed foods, the expanding food and beverage industry, and the increasing focus on enhancing the taste and appeal of products to meet diverse consumer preferences. The market segmentation reveals strong performance across various applications, including bakery and confectionery, dairy, and beverages. Natural flavors are experiencing significant growth due to the rising consumer preference for clean-label products and a growing awareness of health and wellness. This trend is further propelled by the increasing demand for natural and organic food ingredients in Australia and New Zealand. However, factors like stringent regulations concerning food additives and fluctuating raw material prices could pose challenges to market expansion. Major players like Givaudan, Symrise AG, and Sensient Technologies Corporation are well-positioned to capitalize on this growth, leveraging their strong brand reputation and extensive product portfolios. The market's diverse applications and the continuing demand for enhanced food experiences suggest a promising future for food flavor and enhancer providers in Australia and New Zealand. The competitive landscape is characterized by both multinational corporations and smaller, specialized companies. The presence of established players ensures a strong supply chain and robust product innovation. Further growth is anticipated from the increasing penetration of international food brands and the evolving consumer preferences towards unique and sophisticated flavor profiles. Furthermore, ongoing research and development in flavor technology are expected to contribute to the development of innovative and sustainable flavor solutions, further propelling market growth. The market's future will likely be shaped by increasing focus on sustainability, the exploration of novel flavors, and a growing emphasis on clean labels, encouraging industry players to continuously adapt and innovate. While challenges remain, the overall outlook for the Australia & New Zealand food flavor and enhancer market remains positive, reflecting a strong and expanding market with promising growth opportunities for businesses in the sector. Notable trends are: Escalating Demand for Plant Derived Food Ingredients.

Fluctuating meat prices and shifts in household income have significantly impacted New Zealand's Meat, Poultry, and Smallgoods Wholesaling industry. Robust export demand – particularly from China – and global supply chain disruptions have elevated prices for beef, sheep and veal, boosting their share of industry revenue. Simultaneously, rising health consciousness has led consumers to favour unprocessed meats over products like bacon and ham, which typically carry higher margins for wholesalers. However, veganism’s growing popularity and recent economic constraints have reduced domestic sales, dampening industry revenue. As a result, industry revenue is expected to decline by 1.0% to $1.8 billion in 2024-25, after rising at an estimated annualised 6.3% over the past five years. The industry remains highly fragmented due to the exclusion of major vertically integrated processors like Silver Fern Farms, ANZCO Foods and Tegel Foods, which commonly supply clients directly and bypass traditional wholesalers. This fragmentation intensifies competition among industry wholesalers, keeping profit margins low. Wholesalers' limited engagement in value-added activities – like offering specialty cuts or branded products – hampers their ability to differentiate and command higher prices. Although rising meat prices over the past five years have allowed wholesalers to pass some costs on to consumers, intense competition and shifts in supply chain dynamics have restricted their capacity to fully pass on costs and expand profit margins. Looking ahead, advancements in chilling and packaging technologies are forecast to extend meat’s shelf life and boost industry revenue. The growing popularity of retail-ready and pre-marinated meats, coupled with rising disposable income, is projected to drive demand for food-service establishments like cafes and restaurants. However, wholesale bypass trends are forecast to swell, challenging and limiting industry wholesalers’ competitiveness. Declining livestock numbers present another looming threat that may reduce domestic meat supply. At the same time, volatile trade dynamics in key export markets like China and the United States could limit growth. This combination of factors is set to culminate in annualised growth of 0.9% over the five years through 2029-30, to $1.9 billion.