Category: Beverages
South America Beverages
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Uruguay Spirits
... the country highly affordable for Uruguayan tourists, leading to a substantial influx throughout the year. Consequently, many Uruguayans spent weekends in Argentina, where they consumed spirits at significantly lower prices and also stocked up for ... Read More
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Dairy in Brazil
... players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The dairy market consists of retail sales of butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, ... Read More
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Uruguay Alcoholic Drinks
... GDP grew and overall consumption remained stable. Inflation, which initially showed similar trends to 2022 in the early months, managed to decrease in the second half, concluding the year with a 5% increase according to ... Read More
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Peru Alcoholic Drinks
... in their spending when it came to alcoholic drinks, with the most affected categories being spirits and wine. On the other hand, higher temperatures, in addition to lower prices, helped to sustain demand for beer, ... Read More
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Uruguay Rtds
... a whole. Growth has been in line with the trend towards cocktails and more sophisticated drinks amongst younger consumers of legal drinking age. Moreover, the prominent health and wellness trend has encouraged young people of ... Read More
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Peru Rtds
... as the wide variety of brands and flavours helped to draw attention, in addition to the use of promotions as retailers looked to push these products. The impact was such that the category was able ... Read More
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Chile Beer
... factors, chiefly revolving around robust price increases and a paucity of liquidity within the national economy. As the Chilean economy grappled with challenges such as inflationary pressures and economic uncertainty, many consumers found themselves constrained ... Read More
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Chile Rtds
... a pivotal role in curbing demand for these products. Inflation, by eroding the purchasing power of consumers, had a direct impact on their discretionary spending. As prices for essential goods and services rose, some consumers ... Read More
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Chile Cider/Perry
... the cultivation of apples, and the category is intricately intertwined with the delicate balance of climatic conditions. Chile, like many other regions, has been grappling with the adverse effects of climate change, witnessing shifts in ... Read More
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Chile Wine
... dual challenges of an unstable economic scenario and upward price trajectory. Traditionally renowned for producing high-quality wines, Chile faced the impact of global economic fluctuations and internal economic challenges. In times of instability, consumers tend ... Read More
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Chile Spirits
... Chilean culture, has demonstrated remarkable resilience amidst the inflationary challenges facing Chile, and still accounted for 45% of total volume sales in 2023. This can be attributed to a confluence of factors rooted in the ... Read More
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Chile Alcoholic Drinks
... these trends, it is essential to consider how economic constraints, such as inflation and liquidity issues, influenced consumer behaviour, and how these shifts affected different categories within the alcoholic drinks industry, including beer, wine, mocktails, ... Read More
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Bolivia Rtds
... in the category. For example, Four Loko – distributed by DICOM Distribuidores del Oriente SRL – expanded its range with the addition of Summer and Rosé flavour variants, which are targeted at men and women, ... Read More
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Bolivia Alcoholic Drinks
... had rebounded strongly in the previous two years in tandem with the easing of the pandemic and the ending of associated restrictions. With inflationary pressures continuing to drive up the general cost of living and ... Read More
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Bolivia Cider/Perry
... was mainly attributable to contraband trade, particularly the widespread sale of cheaper products illicitly brought in from neighbouring Argentina. Indeed, because it primarily appeals to lower- and middle-income consumers, who were harder hit by cost-of-living ... Read More
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Bolivia Wine
... was the case earlier in the review period, the contraction was primarily attributable to contraband trade, particularly in lower-priced still light grape wines. Argentina remained the main source of this trade, with organised gangs illicitly ... Read More
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Bolivia Spirits
... lion’s share of consumption and where the category registered a negative result in volume terms for the third year in a row. Similarly, although on-trade volume sales grew, they remained below pre-pandemic levels primarily due ... Read More
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Bolivia Beer
... of the pandemic and the lifting of associated restrictions. However, the downturn also reflected heightened budget-consciousness among consumers amidst rising prices and mounting economic uncertainty. Conversely, the latter factors supported an improved performance by the... ... Read More
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Paraguay Alcoholic Drinks
... of pent-up demand as well as the return of tourism. Consumers craved sophistication, which pushed demand towards higher-priced options such as craft beer, fine wine and premium spirits. However, sales were impacted by inflation and ... Read More
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Colombia Cider/Perry
... aware of this product, because of its limited availability at retail channels along with the lack of promotion. Cider is typically purchased for celebratory occasions in 750ml bottles but faces competition from other drinks. For ... Read More
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Argentina Rtds
... of consumers, particularly within the middle and low-income brackets. Consequently, RTDs experienced a notable decline in total volume sales, juxtaposed with a compensatory increase in retail sales value, which closely paralleled the trajectory of inflation. ... Read More
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Colombia Rtds
... due to the lower alcohol content and sweeter flavours, but also the visual impact of packaging and the colours of the drink itself. Likewise, with the reduction in visits to restaurants, bars, etc., home entertainment ... Read More
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Colombia Alcoholic Drinks
... the end of the pandemic, high inflation impacted household budgets and Colombians curbed visits to restaurants and bars. When locals went out, consumption of alcoholic drinks was also reduced. Thus, on-trade volume sales fell into ... Read More
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Colombia Wine
... high inflation rates and low economic growth have negatively impacted purchasing power. Faced with this scenario, consumer preferences shifted, leading to lower wine consumption, particularly in categories like fruit wine where many consumers abandoned the ... Read More
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Argentina Spirits
... majority of spirits sales and reached the highest historical consumption in 2023. Conversely, cognac consumption reinvigorated for a second consecutive year, driven by a significant increase in the number of foreign tourists visiting Argentina. Additionally, ... Read More
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