Category: Food & Beverage
Costa Rica Food & Beverage
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Costa Rica Alcoholic Drinks
... challenging market conditions faced by consumers. Persistent inflationary pressures increased economic uncertainty, and an extremely strong and rapid appreciation of the local currency created an environment that many consumers struggled to manage. Instead, many reduced ... Read More
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Costa Rica Rtds
... as they are pre-mixed. In addition, sales are benefiting from the widespread distribution of these products, both on- and off-trade, throughout the country. Euromonitor International's RTDs in Costa Rica report offers a comprehensive guide to ... Read More
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Costa Rica Beer
... inflationary pressures affecting the economy, consumers were forced to reduce consumption or trade down in 2023. As the year came to a close, however, prices came down for many products (negative CPI growth of 1.77%) ... Read More
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Costa Rica Cider/Perry
... and most of 2023, cider/perry is in line with strengthening consumer trends for lighter, low ABV drinks with fruity flavours, and, as result, consumer interest is increasing, particularly among women. Euromonitor International's Cider/Perry in Costa ... Read More
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Costa Rica Wine
... developments, wine saw a positive performance both in value and volume terms in 2023, bolstered in large part by a recovery in the on-trade channel, coupled with the strong return of tourism. Wine remains fashionable ... Read More
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Costa Rica Beverages Consumption Trends and Forecasts Tracker, Q1 2024 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)
... drinks and alcoholic drinks is an essential tool for keeping up-to-date with the latest industry performance and developments on a quarterly basis, covering- Top line consumption volumes for Q1-2024 vs Q1-2023, moving annual totals (MAT), ... Read More
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South and Central America: Tequila Market - Analysis, Size, Trends, Consumption, and Forecast
... market, the impact of COVID-19 on it, and a forecast for the market development in the medium term. The report provides a strategic analysis of the tequila market in South and Central America and describes ... Read More
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Soft Drinks in Costa Rica
... unit price increases across a range of soft drinks categories, although inflationary pressures have eased somewhat in 2023. Soft drinks prices had already risen in the post-COVID era, due to higher shipping costs and supply ... Read More
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Hot Drinks in Costa Rica
... colon vis-à-vis the dollar, which created a set of challenging economic conditions for the hot drinks industry. Whilst volume sales in coffee and tea were hit hard in 2022, hot drinks has started to recover ... Read More
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RTD Tea in Costa Rica
... both volume and value growth as consumers did not feel as compelled to reduce purchases of these items or eliminate them altogether. Consequently, RTD tea saw positive sales growth with no major disruptions over the ... Read More
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Energy Drinks in Costa Rica
... a solid performance overall. Penetration of energy drinks continues to expand in the off-trade as the number of consumption occasions rises, while on-trade sales have benefited greatly from the economy reopening post-pandemic as Costa Ricans ... Read More
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Coffee in Costa Rica
... favourable impact on retail volume growth in 2023, which returned to low single-digit growth. Costa Rica has experienced some of the highest levels of inflation in decades, leading to a sharp spike in coffee prices ... Read More
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Juice in Costa Rica
... persistent inflationary pressures, issues regarding the supply of certain juices, namely orange juice, also had an impact. The higher prices of juice affected volume levels as consumers opted instead for less expensive alternatives, including juice ... Read More
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Tea in Costa Rica
... in the coming years, in line with the consumer price index. Overall, tea has remained an affordable product for large numbers of consumers, and this perception has served it well helping to support strong volume ... Read More
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Carbonates in Costa Rica
... to purchase carbonates as unit price increases were somewhat modest when compared with other soft drinks categories (eg juices and nectars). The growing availability of reduced sugar options has enabled the category to accommodate a ... Read More
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Bottled Water in Costa Rica
... terms. Both the off- and on-trade channels enjoyed growth in bottled water sales as consumers reached for more water to combat higher temperatures and stay hydrated during periods of prolonged heat. Many consumers are opting ... Read More
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Concentrates in Costa Rica
... absorbed these higher production costs cutting into profit margins. However, unit price increases were inevitable due to economic conditions, resulting in retail volume sales decline. Expectations are that inflation will continue to fall in the ... Read More
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Sports Drinks in Costa Rica
... to fuel during sports and/or refuel after exercising. Despite higher unit prices resulting from inflationary pressures, consumers have been keen to use sports drinks to help them get back into fitness. Sports drinks enjoy wide ... Read More
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RTD Coffee in Costa Rica
... of RTD coffee in Costa Rica, the higher unit prices associated with these products led to lower consumption. Instead, shoppers opted to prepare cold coffee drinks at home or simply skipped on the treat altogether ... Read More
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Other Hot Drinks in Costa Rica
... channel continue to recover from the pandemic, aided by the return of tourists to the country and locals socialising over a hot beverage other than coffee or tea. Retail volumes remained steady across the modern ... Read More
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Processed Fruit and Vegetables in Costa Rica
... own benefits, frozen fruits and vegetables are a preferred choice for many consumers seeking nutritious food that delivers convenience and all year-round availability. Certain vegetables such as peas can only be found either canned or ... Read More
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Staple Foods in Costa Rica
... stretch further. The government has implemented aggressive policies to help keep prices down, such as lowering VAT, but while the price of raw materials may be stabilizing worldwide, companies are unable to reduce prices due ... Read More
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Baked Goods in Costa Rica
... the improvement in global wheat supply has enabled retailers to reduce prices on some goods. Grupo Bimbo has reduced retail prices across the country as its products now fall into the 1% VAT category. In ... Read More
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Rice, Pasta and Noodles in Costa Rica
... processed) grew by 477%. The main importing companies are Inter-Global (Walmart's logistics arm), the Industrial Rice Company (owner of the Tío Pelón brand), and the Costa Rica Rice Corporation (owner of the Imperio brand). Following ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Costa Rica
... imported and local products, with imported brands bringing innovative options to consumers. For example, Fiorucci 100% Natural uncured hard salami, Johnsonville smoked brats, Coicoa chistorra from Navarra, Spain, Delika peperoni and Black Label original bacon. ... Read More
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