Country Profile: Ice Cream Sector in Argentina

2017-07-26
Price :
Published : Jul-2017
No. of Pages : 90

Country Profile: Ice Cream Sector in Argentina

Summary

Argentina’s Ice Cream sector accounted for a volume share of 0.9% of the global market and 17.1% of the regional (Latin America) market in 2016. The sector was valued at ARS 13,179.8 Million (US$895.2 Million) in 2016 and is forecast to grow at a CAGR of 2.3% during 2016-2021.Rising urbanisation, recovering economy and growing consumer demand for innovative products and flavours are the key growth drivers for Ice Cream sector in Argentina. Per capita consumption of Ice Cream products stood at 4.4kg, which is high when compared to the global and Latin America levels of 4kg and 3kg, respectively, in 2016.

Artisanal Ice Cream was the largest with value sales of ARS 6,397.8 Million (US$434.6 Million) in 2016. The market is expected to grow at a CAGR of 2.4% during the forecast period (2016-2021), while the ‘Take-Home and Bulk Ice Cream’ market is expected to record the fastest CAGR of 2.6%.

On-trade transactions account for a leading share in the distribution of Ice Cream products in Argentina. In 2016, On-trade transactions held a 45.5% value share, followed by Food & Drinks Specialists with a22.2% share. Convenience Stores and Hypermarkets & Supermarkets accounted for shares of 19.3% and 12.1%, respectively, in the same year. Flexible Packaging is the most commonly used package material in Argentina’s Ice Cream sector. In 2016, it accounted for a volume share of 68.2%, followed by Rigid Plastics and Paper & Board with volume shares of 16.9% and 14.9%, respectively.

Cofler is the leading brand in Argentina’s Ice Cream sector. The top five brands in the sector accounted for a value share of 18.6%, while private labels and artisanal producers held 2.9% and 22.2% value shares, respectively, in 2016. ‘Food Intolerance’ is an important Health & Wellness product attribute, while ‘Health Management’ is the most sought after consumer benefit in Argentina’s Ice Cream sector.

The report “Country Profile: Ice Cream Sector in Argentina” provides insights on high growth markets to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

In particular, this report provides the following analysis –
- Market data: Overall market value and volume data with growth analysis for 2011-2021. The overall market value and volume included in the report is split on the basis of On-trade and Off-trade
- Category coverage: Value and growth analysis for Artisanal Ice Cream, Impulse Ice Cream – Single Serve, and Take-Home and Bulk Ice Cream with inputs on individual category share within each market and the change in their market share forecast for 2016-2021
- Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016
- Distribution data: Percentage of sales within each market through distribution channels such as On-trade, Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others
- Packaging data: consumption breakdown for package materials and pack types in each market, in terms of percentage share of number of units sold. Package material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; Pack data for: Carton, Film, Bag/Sachet, Tub, Wrapper, Bottle, and Tube.

Companies mentioned in this report: Arcor, Nestle, Unilever, ibsa

Scope

- Of the three markets analysed, Artisanal Ice Cream is the largest, registering a CAGR of 2% during 2011-2016
- On-trade transactions lead in the distribution of Ice Cream products, accounting for nearly half of the overall sales in 2016 in the country
- Private label penetration is higher in the ‘Take-Home and Bulk Ice Cream’ market compared to the ‘Impulse Ice Cream – Single Serve market
- Demand for Ice Cream with ‘Gluten-Free’ claims is increasing in Argentina
- Sleeve is the only primary outer type used in Argentina’s Ice Cream sector

Reasons to buy

- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
- Manufacturers can identify the opportunities to position products with H&W attributes/benefits
- Access the key and most influential consumer trends driving Ice Cream products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.

Filed in: Food & Beverage
Publisher : GlobalData
More Reports
Title Price Buy Now

Chilled Raw Packaged Meat – Whole Cuts (Meat) Market in India – Outlook to 2021: Market Size, Growth and Forecast Analytics

Chilled Raw Packaged Meat - Whole Cuts (Meat) Market in India - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Chilled Raw Packaged Meat - Whole Cuts (Meat) Market in India - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Chilled Raw Packaged Meat - Whole Cuts market in India. Chilled Raw Packaged Meat - whole cuts - raw whole cuts of meat packed in trays or similar Chilled Raw Packaged Meat - Whole Cuts market in India registered a positive compound annual growth rate (CAGR) of 7.26% during the period 2011 to 2016 with a sales value of INR 8,410.26 Million in 2016, an increase of 7.33% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast to 2021 c......
$500

Chilled Raw Packaged Meat – Processed (Meat) Market in the United States of America – Outlook to 2021: Market Size, Growth and Forecast Analytics

Chilled Raw Packaged Meat - Processed (Meat) Market in the United States of America - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Chilled Raw Packaged Meat - Processed (Meat) Market in the United States of America - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Chilled Raw Packaged Meat - Processed market in United States of America. Chilled Raw Packaged Meat - processed - raw whole cuts of meat packaged in trays or similar but which have been coated or pre-marinated or similar. Includes bacon. Chilled Raw Packaged Meat - Processed market in United States of America registered a positive compound annual growth rate (CAGR) of 0.91% during the period 2011 to 2016 with a sales value of USD 60,548.66 Million in......
$750

Fresh Meat (Counter) (Meat) Market in Canada – Outlook to 2021: Market Size, Growth and Forecast Analytics

Fresh Meat (Counter) (Meat) Market in Canada - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Fresh Meat (Counter) (Meat) Market in Canada - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Fresh Meat - Counter market in Canada. Fresh Meat (counter) - fresh meat products sold over butchers' counters in retailers. Fresh Meat (Counter) market in Canada registered a positive compound annual growth rate (CAGR) of 1.08% during the period 2011 to 2016 with a sales value of CAD 11,150.86 Million in 2016, an increase of 2.25% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast to 2021 covering key market aspects like Sales Value and Volume for Fresh Meat - ......
$750

Chilled Raw Packaged Meat – Whole Cuts (Meat) Market in Mexico – Outlook to 2021: Market Size, Growth and Forecast Analytics

Chilled Raw Packaged Meat - Whole Cuts (Meat) Market in Mexico - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Chilled Raw Packaged Meat - Whole Cuts (Meat) Market in Mexico - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Chilled Raw Packaged Meat - Whole Cuts market in Mexico. Chilled Raw Packaged Meat - whole cuts - raw whole cuts of meat packed in trays or similar Chilled Raw Packaged Meat - Whole Cuts market in Mexico registered a positive compound annual growth rate (CAGR) of 4.28% during the period 2011 to 2016 with a sales value of MXN 50,231.93 Million in 2016, an increase of 4.43% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast to 2......
$750

Fresh Meat (Counter) (Meat) Market in Egypt – Outlook to 2021: Market Size, Growth and Forecast Analytics

Fresh Meat (Counter) (Meat) Market in Egypt - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Fresh Meat (Counter) (Meat) Market in Egypt - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Fresh Meat - Counter market in Egypt. Fresh Meat (counter) - fresh meat products sold over butchers' counters in retailers. Fresh Meat (Counter) market in Egypt registered a positive compound annual growth rate (CAGR) of 2.77% during the period 2011 to 2016 with a sales value of EGP 34,914.15 Million in 2016, an increase of 3.32% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast to 2021 covering key market aspects like Sales Value and Volume for Fresh Meat - Coun......
$750

Chilled Raw Packaged Meat – Whole Cuts (Meat) Market in Spain – Outlook to 2021: Market Size, Growth and Forecast Analytics

Chilled Raw Packaged Meat - Whole Cuts (Meat) Market in Spain - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Chilled Raw Packaged Meat - Whole Cuts (Meat) Market in Spain - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Chilled Raw Packaged Meat - Whole Cuts market in Spain. Chilled Raw Packaged Meat - whole cuts - raw whole cuts of meat packed in trays or similar Chilled Raw Packaged Meat - Whole Cuts market in Spain registered a positive compound annual growth rate (CAGR) of 2.76% during the period 2011 to 2016 with a sales value of EUR 5,502.83 Million in 2016, an increase of 2.84% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast to 2021 c......
$750

Chilled Raw Packaged Meat – Processed (Meat) Market in Australia – Outlook to 2021: Market Size, Growth and Forecast Analytics

Chilled Raw Packaged Meat - Processed (Meat) Market in Australia - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Chilled Raw Packaged Meat - Processed (Meat) Market in Australia - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Chilled Raw Packaged Meat - Processed market in Australia. Chilled Raw Packaged Meat - processed - raw whole cuts of meat packaged in trays or similar but which have been coated or pre-marinated or similar. Includes bacon. Chilled Raw Packaged Meat - Processed market in Australia registered a positive compound annual growth rate (CAGR) of 3.27% during the period 2011 to 2016 with a sales value of AUD 2,712.91 Million in 2016, an increase of 4.37% over 2015. The research handbook provides......
$750

Fresh Meat (Counter) (Meat) Market in Israel – Outlook to 2021: Market Size, Growth and Forecast Analytics

Fresh Meat (Counter) (Meat) Market in Israel - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Fresh Meat (Counter) (Meat) Market in Israel - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Fresh Meat - Counter market in Israel. Fresh Meat (counter) - fresh meat products sold over butchers' counters in retailers. Fresh Meat (Counter) market in Israel registered a positive compound annual growth rate (CAGR) of 1.77% during the period 2011 to 2016 with a sales value of ILS 6,508.34 Million in 2016, an increase of 2.23% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast to 2021 covering key market aspects like Sales Value and Volume for Fresh Meat - C......
$750

Chilled Raw Packaged Meat – Whole Cuts (Meat) Market in Saudi Arabia – Outlook to 2021: Market Size, Growth and Forecast Analytics

Chilled Raw Packaged Meat - Whole Cuts (Meat) Market in Saudi Arabia - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Chilled Raw Packaged Meat - Whole Cuts (Meat) Market in Saudi Arabia - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Chilled Raw Packaged Meat - Whole Cuts market in Saudi Arabia. Chilled Raw Packaged Meat - whole cuts - raw whole cuts of meat packed in trays or similar Chilled Raw Packaged Meat - Whole Cuts market in Saudi Arabia registered a positive compound annual growth rate (CAGR) of 5.98% during the period 2011 to 2016 with a sales value of SAR 3,548.05 Million in 2016, an increase of 6.10% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and ill......
$750

Chilled Raw Packaged Meat – Processed (Meat) Market in China – Outlook to 2021: Market Size, Growth and Forecast Analytics

Chilled Raw Packaged Meat - Processed (Meat) Market in China - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Chilled Raw Packaged Meat - Processed (Meat) Market in China - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Chilled Raw Packaged Meat - Processed market in China. Chilled Raw Packaged Meat - processed - raw whole cuts of meat packaged in trays or similar but which have been coated or pre-marinated or similar. Includes bacon. Chilled Raw Packaged Meat - Processed market in China registered a positive compound annual growth rate (CAGR) of 2.39% during the period 2011 to 2016 with a sales value of CNY 82,524.35 Million in 2016, an increase of 2.53% over 2015. The research handbook provides up-to-date mar......
$750