Food & Beverage Market Research News

Latin American savory snacks market scrutinized in new research

Food & Beverage Market Research

This report brings together multiple data sources to provide a comprehensive overview of the Latin American Savory Snacks sector.

It includes market overview, high growth country analysis, health & wellness analysis, top brands, key distribution channels, packaging formats and case studies.

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Companies Mentioned:
Tresmontes Lucchetti
The Kellogg Company
Productos Yupi SAS
Grupo Bimbo SAB de C.V.
General Mills Inc.
Conagra Foods Inc.
Companhia Brasileira De Distribuicao
Comestibles Ricos S.A.

The Latin America Savory Snacks sector represented the fifth largest regional market in 2016 and is forecast to record a CAGR of 6.2% during 2016-2021. Processed Savory Snacks is the largest market in the Latin America Savory Snacks sector, followed by Potato chips and Nuts and Seeds.

Amongst all the countries in Latin America, Brazil is the largest market in value and volume terms while Argentina Savory Snacks sector is forecast to grow at the fastest pace in volume terms during 2016-2021. Among all the markets, consumption of potato chips is forecast to rise in all high potential countries except Brazil, while nuts and seeds and popcorn markets are forecast to record a fall in consumption across high potential countries in the Latin America region.

Hypermarkets & Supermarkets was the leading distribution channel in the Latin American savory snacks sector in 2016.

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This report brings together multiple data sources to provide a comprehensive overview of the Latin American Savory Snacks sector. It includes analysis on the following -
- Sector overview: Provides overview of the sector size, value and volume growth analysis, across regions
- Change in consumption: Analysis on the shift in consumption of Savory Snacks by markets across countries in the Latin American region.
- Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Savory Snacks sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Savory Snacks in 2016.

It also covers the market share of leading companies offering Savory Snacks with Health & Wellness attributes in the same year.
- Country analysis: Provides deep-dive analysis of the countries in the region covering value growth during 2016-2021, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
- Brand Analysis: Provides an overview of leading brands in Latin America, besides analyzing the growth of private labels in the region.
- Key distribution channels: Provides analysis on the leading distribution channels in the Latin American Savory Snacks sector in 2016. It covers five distribution channels - Hypermarkets & Supermarkets, Food & Drinks Specialists, Convenience Stores, Dollar Stores, which include Variety Stores & General Merchandise Retailers, and Others that include - Cash & Carries & Warehouse Clubs and Others.
- Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (by pack units) of Ice Cream.

Benefits of having this report
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail.

This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.

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