Meal Vouchers and Employee Benefit Solutions Market in Brazil 2024-2028

Meal Vouchers And Employee Benefit Solutions Market In Brazil 2024-2028


The meal vouchers and employee benefit solutions market in Brazil is forecasted to grow by USD 6.99 bn during 2023-2028, accelerating at a CAGR of 9.55% during the forecast period. The report on the meal vouchers and employee benefit solutions market in Brazil provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by tax benefits of meal vouchers in Brazil, active participation of banks in employee benefit solutions, and growing popularity of job-hopping.

Technavio's meal vouchers and employee benefit solutions market in Brazil is segmented as below:

By Application
  • Meal vouchers
  • Employee benefits
By Product
  • Non-cash voucher
  • Cash voucher
By Type
  • Book card
  • Digital card
This study identifies the strategic partnerships between market and meal kit delivery vendors as one of the prime reasons driving the meal vouchers and employee benefit solutions market in Brazil growth during the next few years. Also, shift toward digital meal vouchers and employee benefit solutions and growing employment rates in Brazil will lead to sizable demand in the market.

The report on the meal vouchers and employee benefit solutions market in Brazil covers the following areas:
  • Meal vouchers and employee benefit solutions market in Brazil sizing
  • Meal vouchers and employee benefit solutions market in Brazil forecast
  • Meal vouchers and employee benefit solutions market in Brazil industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading meal vouchers and employee benefit solutions market in Brazil vendors that include Alelo, Asinta, Axis Bank Ltd., bswift LLC, CIRFOOD s.c., Edenred SE, PayPal Holdings Inc., Rakuten Group Inc., Sodexo SA, SWILE, Up group, and Zeta Services Inc.. Also, the meal vouchers and employee benefit solutions market in Brazil analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Country Market Characteristics
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by Product
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Brazil - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Brazil: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Brazil: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Meal vouchers and employee benefit solutions market in Brazil 2018 - 2022
      • Table Historic Market Size – Data Table on meal vouchers and employee benefit solutions market in Brazil 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • Product Segment Analysis 2018 - 2022
      • Table Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Meal vouchers - Market size and forecast 2023-2028
      • Table Chart on Meal vouchers - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Meal vouchers - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Meal vouchers - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Meal vouchers - Year-over-year growth 2023-2028 (%)
    • Employee benefits - Market size and forecast 2023-2028
      • Table Chart on Employee benefits - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Employee benefits - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Employee benefits - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Employee benefits - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2023-2028 (%)
      • Table Data Table on Product - Market share 2023-2028 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • Non-cash voucher - Market size and forecast 2023-2028
      • Table Chart on Non-cash voucher - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Non-cash voucher - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Non-cash voucher - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Non-cash voucher - Year-over-year growth 2023-2028 (%)
    • Cash voucher - Market size and forecast 2023-2028
      • Table Chart on Cash voucher - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Cash voucher - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Cash voucher - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Cash voucher - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ million)
      • Table Data Table on Market opportunity by Product ($ million)
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Book card - Market size and forecast 2023-2028
      • Table Chart on Book card - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Book card - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Book card - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Book card - Year-over-year growth 2023-2028 (%)
    • Digital card - Market size and forecast 2023-2028
      • Table Chart on Digital card - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Digital card - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Digital card - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Digital card - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Drivers, Challenges, and Trends
    • Market drivers
      • Tax benefits of meal vouchers in Brazil
      • Active participation of banks in employee benefit solutions
      • Growing popularity of job-hopping
    • Market challenges
      • Data privacy and security issues on personal information of employees
      • Alternative ways to save on tax
      • Advocacy against meal voucher companies
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Strategic partnerships between market and meal kit delivery vendors
      • Shift toward digital meal vouchers and employee benefit solutions
      • Growing employment rates in Brazil
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Alelo
      • Table Alelo - Overview
      • Table Alelo - Product / Service
      • Table Alelo - Key offerings
    • Asinta
      • Table Asinta - Overview
      • Table Asinta - Product / Service
      • Table Asinta - Key offerings
    • Axis Bank Ltd.
      • Table Axis Bank Ltd. - Overview
      • Table Axis Bank Ltd. - Business segments
      • Table Axis Bank Ltd. - Key offerings
      • Table Axis Bank Ltd. - Segment focus
    • bswift LLC
      • Table bswift LLC - Overview
      • Table bswift LLC - Product / Service
      • Table bswift LLC - Key offerings
    • CIRFOOD s.c.
      • Table CIRFOOD s.c. - Overview
      • Table CIRFOOD s.c. - Product / Service
      • Table CIRFOOD s.c. - Key offerings
    • Edenred SE
      • Table Edenred SE - Overview
      • Table Edenred SE - Business segments
      • Table Edenred SE - Key news
      • Table Edenred SE - Key offerings
      • Table Edenred SE - Segment focus
    • PayPal Holdings Inc.
      • Table PayPal Holdings Inc. - Overview
      • Table PayPal Holdings Inc. - Product / Service
      • Table PayPal Holdings Inc. - Key offerings
    • Rakuten Group Inc.
      • Table Rakuten Group Inc. - Overview
      • Table Rakuten Group Inc. - Business segments
      • Table Rakuten Group Inc. - Key offerings
      • Table Rakuten Group Inc. - Segment focus
    • Sodexo SA
      • Table Sodexo SA - Overview
      • Table Sodexo SA - Business segments
      • Table Sodexo SA - Key news
      • Table Sodexo SA - Key offerings
      • Table Sodexo SA - Segment focus
    • SWILE
      • Table SWILE - Overview
      • Table SWILE - Product / Service
      • Table SWILE - Key offerings
    • Up group
      • Table Up group - Overview
      • Table Up group - Product / Service
      • Table Up group - Key offerings
    • Zeta Services Inc.
      • Table Zeta Services Inc. - Overview
      • Table Zeta Services Inc. - Product / Service
      • Table Zeta Services Inc. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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