Category: Food & Beverage
South America Food & Beverage
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Argentina Chocolate Confectionery
... fell much more slowly than for other types of confectionery in 2020 in the wake of the Coronavirus (COVID-19) pandemic years. The market size remained higher than in 2019 in a country blighted by an ... Read More
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Peru Snacks
... shift in market dynamics. The increase in input prices has squeezed profit margins for manufacturers, making it difficult to maintain competitive pricing in the domestic market. In addition, the decline in domestic consumption reflects the ... Read More
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Chile Snacks
... chocolate confectionery, primarily driven by the increasing cost of cocoa. As cocoa prices rise, manufacturers face higher production expenses, prompting them to pass on these costs to consumers through retail price increases. This inflationary trend ... Read More
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Peru Cider/Perry
... The main reason for this was due to the fact that the category was growing from a very low base, with cider/perry still being unfamiliar to many local consumers. As such, sales are still dependent ... Read More
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Peru Beer
... decline in sales in total volume terms demand for beer remained more stable. Beer dominates sales of alcoholic drinks in Peru with it having the greatest distribution presence and the lowest average price per litre. ... Read More
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Peru Wine
... faced an economic crisis in 2023 due to internal and external factors. Out of this the informal market has grown in Peru with smuggling, especially on the border with Bolivia, becoming a serious problem, where ... Read More
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Peru Spirits
... and protests following the replacement of former President Castillo, in addition to the floods on the north coast of Peru, a product of the Niño Costero phenomenon, all of which had a huge impact on ... Read More
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Uruguay Beer
... economic beer on the one hand and premium on the other, while the middle segments experienced a decline. This trend was driven by the rising cost of living, prompting lower socioeconomic households to opt for ... Read More
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Chile Sugar Confectionery
... the practice of reducing the size or quantity of a product while maintaining its price, effectively passing on the cost burden to consumers in a subtle manner. Amid rising production costs, including raw materials, transportation, ... Read More
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Uruguay Wine
... using a taxi due to the prohibition on drinking and driving, have made dining out more expensive for many consumers. Consequently, a significant portion of the population preferred to avoid alcohol when dining out to ... Read More
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Uruguay Cider/Perry
... As the market for alcoholic beverages in Uruguay has become increasingly sophisticated with a focus on higher quality, cider/perry has lost relevance. Its volume has diminished year by year, maintaining strong seasonality during the end-of-year ... Read More
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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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Chile Chocolate Confectionery
... directly impact production costs for chocolate manufacturers. When the cost of cocoa rises, chocolate producers in Chile are compelled to adjust their pricing strategies to maintain profitability, which often translates to higher retail prices for ... Read More
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Chile Ice Cream
... collectively drive its robust demand. First and foremost, Chile's climate plays a significant role in its high ice cream consumption rates. With its extensive coastline and a climate that varies from the arid deserts in ... 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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Oils & Fats in Brazil
... also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The oils & fats market consist of the retail sale of edible oils and ... 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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Chile Savoury Snacks
... or even increase, reflects a complex interplay of economic factors impacting the category. The analysis of this shift requires an understanding of its causes and implications for consumers and producers alike. Rising production costs in ... 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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Chile Gum
... gum experiences fluctuations, influenced by factors such as economic conditions, consumer preferences, and health trends, manufacturers and retailers often resort to adjusting prices to maintain profitability and sustain revenue streams. Unit price growth becomes particularly ... Read More
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Chile Sweet Biscuits, Snack Bars and Fruit Snacks
... known as shrinkflation. This approach, while not new, has become increasingly prevalent in response to the rising costs of raw materials, labour, and transportation that have escalated due to a mix of global and local ... 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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Brazilian Agricultural Tractor Aftermarket Growth Opportunities
... evaluating market demand for select aftermarket components. Year-round harvests, an aging fleet, and high fleet utilization are driving year-on-year agricultural tractor growth in Brazil. Agriculture original equipment manufacturers (OEMs) across the globe are therefore keen ... 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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