Cooking Ingredients and Meals in Uruguay

Cooking Ingredients and Meals in Uruguay


In 2024, Uruguay’s GDP rose by 3.5% and purchasing power continued to recover, with salaries increasing above inflation. As a result, sales of cooking ingredients and meals registered positive growth in retail volume terms in 2024, reversing the decline experienced in 2023. Furthermore, after several years of elevated inflation rates, several categories in cooking ingredients and meals recorded a price contraction in 2024. The drop in international prices of edible oils significantly contributed...

Euromonitor International's Cooking Ingredients and Meals in Uruguay report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Cooking Ingredients and Meals market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.


Cooking Ingredients and Meals in Uruguay
Euromonitor International
November 2024
List Of Contents And Tables
COOKING INGREDIENTS AND MEALS IN URUGUAY
EXECUTIVE SUMMARY
Cooking ingredients and meals in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
MARKET DATA
Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2019-2024
Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2019-2024
Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2019-2024
Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2019-2024
Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2020-2024
Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2021-2024
Table 7 Penetration of Private Label by Category: % Value 2019-2024
Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2019-2024
Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2024-2029
Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2024-2029
Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2024-2029
Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources
EDIBLE OILS IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Falling prices drive volume growth in 2024
Less cross-border shopping as prices increase in neighbouring Argentina
Substantial price increases impact olive oil sales in 2024
PROSPECTS AND OPPORTUNITIES
Cost-effective corn oil set to gain ground
Olive oil to recover from its poor performance
Private label growth as it offers a cost-effective alternative to branded products
CATEGORY DATA
Table 13 Sales of Edible Oils by Category: Volume 2019-2024
Table 14 Sales of Edible Oils by Category: Value 2019-2024
Table 15 Sales of Edible Oils by Category: % Volume Growth 2019-2024
Table 16 Sales of Edible Oils by Category: % Value Growth 2019-2024
Table 17 NBO Company Shares of Edible Oils: % Value 2020-2024
Table 18 LBN Brand Shares of Edible Oils: % Value 2021-2024
Table 19 Distribution of Edible Oils by Format: % Value 2019-2024
Table 20 Forecast Sales of Edible Oils by Category: Volume 2024-2029
Table 21 Forecast Sales of Edible Oils by Category: Value 2024-2029
Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2024-2029
Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2024-2029
MEALS AND SOUPS IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Purchasing power recovery drives growth of frozen pizza following years of decline
Lack of brand availability and innovation impacts dried ready meals in 2024
Supply shortage and unhealthy image result in decline for dry soup
PROSPECTS AND OPPORTUNITIES
Growth potential in the underdeveloped frozen ready meals category
Food kits set to remain negligible
Unilever del Uruguay to lose its leadership to Frigorifico Tacuarembo
CATEGORY DATA
Table 24 Sales of Meals and Soups by Category: Volume 2019-2024
Table 25 Sales of Meals and Soups by Category: Value 2019-2024
Table 26 Sales of Meals and Soups by Category: % Volume Growth 2019-2024
Table 27 Sales of Meals and Soups by Category: % Value Growth 2019-2024
Table 28 NBO Company Shares of Meals and Soups: % Value 2020-2024
Table 29 LBN Brand Shares of Meals and Soups: % Value 2021-2024
Table 30 Distribution of Meals and Soups by Format: % Value 2019-2024
Table 31 Forecast Sales of Meals and Soups by Category: Volume 2024-2029
Table 32 Forecast Sales of Meals and Soups by Category: Value 2024-2029
Table 33 Forecast Sales of Meals and Soups by Category: % Volume Growth 2024-2029
Table 34 Forecast Sales of Meals and Soups by Category: % Value Growth 2024-2029
SAUCES, DIPS AND CONDIMENTS IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Growth supported by lower prices in 2024
Price increases in neighbouring Argentina reduce cross-border shopping
Unilever del Uruguay maintains its lead in 2024
PROSPECTS AND OPPORTUNITIES
Health trend to gain traction
Gibur acquired by Morixe
Leading small local grocers to lose ground to modern retailers offering private label
CATEGORY DATA
Table 35 Sales of Sauces, Dips and Condiments by Category: Volume 2019-2024
Table 36 Sales of Sauces, Dips and Condiments by Category: Value 2019-2024
Table 37 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2019-2024
Table 38 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2019-2024
Table 39 Sales of Liquid Recipe Sauces by Type: % Value 2019-2024
Table 40 NBO Company Shares of Sauces, Dips and Condiments: % Value 2020-2024
Table 41 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2021-2024
Table 42 Distribution of Sauces, Dips and Condiments by Format: % Value 2019-2024
Table 43 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2024-2029
Table 44 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2024-2029
Table 45 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2024-2029
Table 46 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2024-2029
SWEET SPREADS IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Less cross-border shopping drives volume growth in 2024
Demand for jams and preserves is driven by the affordability of thin plastic containers
Low level of innovation, with companies expanding into other categories
PROSPECTS AND OPPORTUNITIES
Local companies to maintain their lead, supported by loyal consumers
Apicultural Society’s campaign to boost honey consumption
Chocolate spreads to record the most dynamic growth
CATEGORY DATA
Table 47 Sales of Sweet Spreads by Category: Volume 2019-2024
Table 48 Sales of Sweet Spreads by Category: Value 2019-2024
Table 49 Sales of Sweet Spreads by Category: % Volume Growth 2019-2024
Table 50 Sales of Sweet Spreads by Category: % Value Growth 2019-2024
Table 51 NBO Company Shares of Sweet Spreads: % Value 2020-2024
Table 52 LBN Brand Shares of Sweet Spreads: % Value 2021-2024
Table 53 Distribution of Sweet Spreads by Format: % Value 2019-2024
Table 54 Forecast Sales of Sweet Spreads by Category: Volume 2024-2029
Table 55 Forecast Sales of Sweet Spreads by Category: Value 2024-2029
Table 56 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2024-2029
Table 57 Forecast Sales of Sweet Spreads by Category: % Value Growth 2024-2029

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