Latin America

The rising cost of raw materials in 2024 has forced manufacturers in sweet biscuits, snack bars and fruit snacks category in Ecuador to raise prices. This has led to a shift in consumer behaviour, with shoppers seeking more affordable options. Hard…

Sweet biscuits, snack bars and fruit snacks is expected to register healthy constant value and volume growth in 2024. Positive economic indicators are expected to support growth. Snack bars, in particular, are expected to perform strongly and…

Retail volume growth for sweet biscuits, snack bars and fruit snacks in Bolivia in 2024 is projected to be slower than in 2023, while current value growth looks set to surpass that recorded the previous year. Like snacks in general, its performance…

Sugar confectionery continues to post robust retail volume and current value growth in Ecuador in 2024. Pastilles, gummies, jellies, and chews have become the undisputed champions of sugar confectionery in Ecuador. This category's success stems from…

Sugar confectionery in Costa Rica is expected to be one the weaker performing snacks in 2024, registering only minimal volume growth, as consumers increasingly opt for other snacks such as chocolate confectionery. As such, players look to bolster…

While sugar confectionery in Bolivia is set to expand in retail volume terms in 2024, growth is anticipated to be down slightly on 2023. Conversely, current value sales growth is expected to be moderately stronger than in the previous year. This is…

Ecuador's snack industry has endured a rollercoaster ride in 2024. A confluence of negative events – rising insecurity, economic woes stemming from the pandemic, and political instability following the early departure of President Lasso –…

A positive economic picture is expected to support moderate current value and volume growth in snacks in Costa Rica in 2024. Increasing tourist numbers is also expected to support value and volume growth, particularly in more premium offerings – such…

Retail volume and current value growth rates for snacks in Bolivia in 2024 are expected to be slower than those recorded in 2023. The downturn is mainly explained by a severe shortage of US dollars in the economy resulting from declining production…

In 2024, savoury snacks in Ecuador looks set to record minimal value growth, whilst volume sales are on the decline. The rising cost of raw materials during the year has forced manufacturers to raise prices. This has led to a shift in consumer…

Savoury snacks with a healthier positioning are gaining value share. There is an increasing offering from both local and global brands. Examples include local brand Soldanza Party Mix, which incorporates a variety of root vegetables such as yuca,…

With inflationary pressures and heightened economic uncertainty fuelled by the balance of payments crisis eroding purchasing power and confidence among consumers, retail volume and current value growth rates for savoury snacks in Bolivia in 2024 are…

The Santo Domingo in Dominican Republic report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital…

The Santiago in Dominican Republic report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital…

The San Pedro Sula in Honduras report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital…

The Quito in Ecuador report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital penetration,…

The Quezaltenango in Guatemala report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital…

Brazil’s political landscape is more stable, which is reflected in slight improvement in economic freedom, although government finances have worsened. The economy will moderate further, but inflationary pressures have subsided and the foreign…

Ecuador's 2024 energy crisis, triggered by a drought impacting hydroelectric plants, threw a curveball at the ice cream industry. Power outages lasting up to eight hours significantly disrupted operations. Ice cream shops, reliant on constant power…

Current value and volume growth is expected to continue to be healthy for ice cream in Costa Rica in 2024. A positive economic picture, along with increasing tourist numbers is also expected to boost volume sales. Local dairy and food company, Dos…