Category: Food & Beverage
South America Food & Beverage
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Beer in Bolivia
... socioeconomic segments seeking indulgence during challenging times. This trend has prompted major companies to expand their product portfolios and distribution channels. Martens Bolivia, for example, entered the Bolivian beer market with its premium imported beer, ... Read More
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Spirits in Bolivia
... low-priced beers dominate the shelves. The expansion of distribution for these brands is driven by an increase in contraband and efforts by formal companies to maintain low prices to compete. As a result, consumers see ... Read More
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Rtds in Ecuador
... fresh message to engage its audience. Switch is a well-known spirit-based RTD in Ecuador, with a low price positioning appealing to university students subsiding on small budgets. A variety of flavours are available including Bongo ... Read More
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Wine in Ecuador
... income groups are less price sensitive and are becoming wine connoisseurs with a growing interest in different origins. Medium-high priced red wine is one of the best performers offered at over $40 per bottle. Economy ... Read More
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Rtds in Bolivia
... occupy a niche segment, primarily appealing to individuals who have travelled abroad and wish to continue enjoying these products locally. Additionally, there is a subset of consumers who stay informed about international trends through cable ... Read More
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Alcoholic Drinks in Paraguay
... 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 a flat economy which forced some demographics to ... Read More
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Alcoholic Drinks in Ecuador
... led to mild restrictions during this period. However, these outbreaks were quite brief, and the rest of the year passed without much disruption. Consumers were able to resume their social lives and with this, alcoholic ... Read More
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Wine in Bolivia
... importers, resulting in lower prices for consumers. Among the importers, AJ Vierci Srl stands out as the most prominent, with Bodega Catena Zapata being highly relevant for red wines such as Malbec and Cabernet Sauvignon, ... Read More
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Cider/Perry in Bolivia
... sweeter ciders, which they often pair with traditional breads like panettone and holiday meals. This sweet taste profile is particularly well-received by medium and low-income households, which make up the majority of the cider market. ... Read More
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Alcoholic Drinks in Bolivia
... hours, played a significant role in this growth. The resumption of mass events, including concerts featuring local and international artists, particularly in the major cities of Bolivia such as Santa Cruz, La Paz, and Cochabamba, ... Read More
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Spirits in Argentina
... of spirits consumption in Argentina, with mature consumption, showed upbeat growth again in 2022. Bitters is driven by the most popular spirits brand in Argentina, Fernet Branca, which besides being a premium brand captures the ... Read More
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Alcoholic Drinks in Argentina
... by 4% by the end of 2022, fuelled by a steep increase in the investment rate, which reached 22.3% of GDP in August 2022. Inbound and domestic tourism increased significantly in 2022, exceeding pre-pandemic figures, ... Read More
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Wine in Argentina
... brands could not enter the government’s price control programme, ""Precios Cuidados"", which resulted in a significant difference between the retail price of wine and beer. As a result, medium and low-income social economic groups switched ... Read More
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Cider/Perry in Argentina
... ciders at a national level in 2022. With the new distribution of Quilmes, which has the largest distribution force in the country, the number of points of sale nationwide for the Del Valle and 1930 ... Read More
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Rtds in Argentina
... Meet, a hard seltzer RTD in June 2022. The new brand is a combination of sparkling water, fruit juice and alcohol content of less than 5%. The product is advertised as gluten-free with 99 calories ... Read More
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Beer in Argentina
... considerable growth in 2021, beer consumption saw further growth in 2022 with increasing advertising and promotional activity from multinational breweries and the expansion of the on-trade sector. The desire to socialise following the pandemic further ... Read More
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Wine in Chile
... alcoholic drinks, including wine. This heightened demand was carried into the first half of 2022, despite financial aid ending in late 2021. However, in the second half of 2022, demand plummeted, resulting in a 6% ... Read More
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Beer in Chile
... results from the first half of the year. However, the effects of financial liquidity fading from the local economy and the soaring inflation rates finally had an impact during the second half of 2022, strongly ... Read More
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Alcoholic Drinks in Chile
... economy supporting further demand as consumers continued to spend record amounts, even as the government reduced most financial aid and as inflation rates quickly rose. For alcoholic drinks, this meant that most products, especially premium ... Read More
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Rtds in Chile
... therefore demand. For RTDs, inflation had a stronger impact in terms of unit prices compared to the overall local industry (a 17% rise in total value RSP compared to 15%). This negatively impacted demand for ... Read More
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Spirits in Chile
... off-trade channel). Liqueurs continued to record positive growth momentum as part of a trend noted over much of the review period (with the exceptions of 2018 and 2020). In 2022, the dynamic performances by bitters ... Read More
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Cider/Perry in Chile
... apple production prevailed. However, the fast growth and premium positioning of this category proved appealing for major Spanish brands REAL and Rama Caída, which gained significant share in 2019 to hold a combined 44% total ... Read More
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Tobacco in Colombia
... shift can be attributed to increasing health concerns, with people being urged to quit smoking or to reduce their consumption. There has also been a shift in the market towards e-vapour and heated tobacco products. ... Read More
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South America Gin Market Outlook, 2028
... premium and sophisticated alcoholic beverages. Consumers are becoming more adventurous in their taste preferences and are seeking out new and innovative gin offerings. Several South American countries have witnessed a rise in local gin production, ... Read More
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Spirits Market in Peru to 2027
... to 2022 and forecasts until 2027 which makes the report an invaluable resource for business leaders, decision-makers, consultants, analysts, and other people looking for key industry data in a readily accessible document with clearly presented ... Read More
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