Category: Food & Beverage
South America Food & Beverage
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Peru Chocolate Confectionery
... and has seen high-temperature records in several regions, prompting a greater preference in consumers for snacks that are fresh or at least are not usually associated with cold weather. Euromonitor International's Chocolate Confectionery in Peru ... Read More
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Peru Cream
... with an El Niño phenomenon that brought intense heat waves in different regions of the country. These temperatures together with high humidity in some regions of the country have triggered rapid growth in ice cream. ... Read More
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Argentina Savoury Snacks
... 2023 prompted the government to reinforce social aid throughout the year, but particularly during the second semester. The government reinforced social assistance programmes and increased the number of products within the national Precios Justos programme. ... Read More
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Colombia Gum
... trade sources, consumers’ oral care concerns and a desire to reduce their sugar consumption underpinned declines in retail volume sales. The downturn in demand is expected to continue for chewing gum and bubble gum over ... Read More
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Colombia Ice Cream
... according to the season, Colombia’s tropical weather aids sales significantly through the year. In 2023, Colombia its warmest recorded year in history, which generated significant wildfires and high radiation levels. From November 2023 to the ... Read More
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Peru Gum
... shortfall is the impact of price increases. While price increases have moderated compared to the steep rises seen in 2023, they still remain high relative to expected inflation levels. This has likely deterred consumers from ... Read More
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Peru Savoury Snacks
... growing preference for larger packaging sizes, particularly among consumers who enjoy staying at home for activities like binge-watching series or movies. This shift reflects a desire for convenience and value, as larger packages offer more ... Read More
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Peru Sugar Confectionery
... innovation in boiled sweets compared to lollipops. The latter has seen new versions introduced, featuring light and tongue-colouring, which captivates consumers' attention. Euromonitor International's Sugar Confectionery in Peru report offers in-depth knowledge of the market ... Read More
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Argentina Gum
... should be seen against the backdrop of the slump in demand in 2020 as consumers worked and studied at home and travel and socialisation were heavily restricted. Over 2024, a sharp decrease in retail volume ... Read More
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Argentina Sweet Biscuits, Snack Bars and Fruit Snacks
... (COVID-19) crisis in 2020 to exceed the 2019 pre-pandemic level in 2023. Despite the complexity of the economic context, with a triple-digit inflation rate, retail volume sales of sweet biscuits, snack bars and fruit snacks ... Read More
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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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