Opportunities in the Latin American Meat Sector: Analysis of Opportunities Offered by High Growth Economies

2017-05-11
Price :
Published : May-2017
No. of Pages : 106

Opportunities in the Latin American Meat Sector: Analysis of Opportunities Offered by High Growth Economies

Summary

Global Meat sector was valued at US$909.3 Billion in 2016 and is forecasted to record a CAGR of 2.4% during 2016-2021, to reach US$1026 Billion by 2021. Asia Pacific, with a value share of 31% in the global Meat sector in 2016, represents the largest regional market and is forecasted to record the fastest CAGR of 3.8% during 2016-2021, while the Latin American Meat sector, with a value share of 6.5% (second lowest position in value terms), is expected to grow at a CAGR of 1.4% during the same period.

Fresh Meat (Counter) is the largest market in the Latin American Meat sector, accounting for US$28,826.9 Million (48.4% of the overall Meat sector) in 2016, and is expected to reach US$30,228.4 Million in 2021, growing at a CAGR of 1%. Furthermore, Brazil alone accounts for 60.5% of this market, followed by Argentina and Colombia. This high demand for Fresh Meat (Counter) is largely due to increased health consciousness among consumers, a lack of preservatives, and the low-cost of these products.

In the Meat Market, there is a huge disparity in terms of opportunities amongst the top countries: Chile, Colombia, Argentina, and Brazil. Brazil was the largest contributor in terms of market value as of 2016, while Colombia is forecasted to witness the highest CAGR of 4.3% during 2016-2021. Changing consumer preferences towards healthy Meat options and non-traditional variants has boosted the growth of Meat consumption in the region.

Latin American Health & Wellness market stood at US$317.3 Million (0.5% of the overall Meat market) in 2016 and is forecasted to grow at a CAGR of 1.9% during 2016-2021 Although a very small market, a large aging population (especially in Chile and Brazil) and rising awareness surrounding diet related health issues, such as diabetes and cholesterol (across demographics), are driving the growth of Health & Wellness products in the Latin American region. In addition, rising economic standards drive consumers to choose better-for-health variants over regular/standard varieties.

Hypermarkets & Supermarkets is the most popular channel for Meat sales in the Latin American region, accounting for 66.2% of overall sales, followed by Food & Drinks Specialists with a 27.7% share. This is due to the fact that Hypermarkets & Supermarkets offer a large variety of products in terms of flavors, cuisines, and pack sizes. Similar share patterns are witnessed across many countries in the Latin American region. Food and Drinks Specialists hold a significant share in the Fresh Meat (Counter) market.

The report “Opportunities in the Latin American Meat Sector: Analysis of Opportunities Offered by High Growth Economies”, provide a comprehensive overview of the Latin American (LATAM) Meat sector.

Specifically, this report includes –
– Market overview: Includes sector size, market size and growth analysis by markets
– Change in consumption: Provides a shift in the consumption of Meat by markets across different countries in the Latin American region.
– High potential countries: Provides Risk-Reward analysis of 6 countries across the Latin American region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure. Out of 6, a total of 4 high potential countries are shortlisted.
– Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Meat sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Meat in 2016. It also covers the market share of leading companies offering Meat with Health & Wellness attributes in the same year.
– Brand Analysis: Provides an overview of leading brands in the Latin American region, besides analyzing the growth of private labels in the region.
– Key distribution channels: Provides analysis on the leading distribution channels in the global Meat sector in 2016. It covers five distribution channels – Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Department Stores and Others that include – Cash & Carries and Warehouse Clubs, ‘Dollar Stores’, e-Retailers, and General Retailers.
– Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, containers, closures, and outer types based on the volume sales (by pack units) of Meat.

Companies mentioned in this report: Tyson Foods, Minerva, Kurson Kosher, Jbs, Cargill, BRF, Aurora, Alimentos, Alfa group.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Latin America (LATAM) Meat sector. It includes analysis on the following –
– Market overview: Includes sector size, market size and growth analysis by markets
– Change in consumption: Provides a shift in the consumption of Meat by markets across different countries in the Latin America region.
– High potential countries: Provides Risk-Reward analysis of 6 countries across the Latin America region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure. Out of 6, a total of 4 high potential countries are shortlisted.
– Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Meat sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Meat in 2016. It also covers the market share of leading companies offering Meat with Health & Wellness attributes in the same year.
– Brand Analysis: Provides an overview of leading brands in the Latin America region, besides analyzing the growth of private labels in the region.
– Key distribution channels: Provides analysis on the leading distribution channels in the global Meat sector in 2016. It covers five distribution channels – Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Department Stores and Others that include – Cash & Carries and Warehouse Clubs, ‘Dollar Stores’, e-Retailers, and General Retailers.
– Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, containers, closures, and outer types based on the volume sales (by pack units) of Meat.

Reasons to buy

– 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 APAC region.
– The report provides a detailed analysis of the high potential 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

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

Opportunities in the Americas Meat Sector: Analysis of Opportunities Offered by High-Growth Economies

Opportunities in the Americas Meat Sector: Analysis of Opportunities Offered by High-Growth Economies Summary The Americas was the largest region with a value share of 31.6% in the global meat sector in 2018, and is forecast to grow the fastest at a CAGR of 4.6% during 2018-2023High disposable income and increasing popularity of healthy and organic meat products will remain the primary factors driving the sector in the region. Fresh meat (counter) is the largest category both in value and volume terms. Hypermarkets & supermarkets was the leading distribution channel in the Americas meat sector, with a value share of 75.6% in 2018. This report brings together multiple data sources to provide a comprehensive overview of the region's meat sector. It includes market overview, high growth co......
$2100

Opportunities in the Asia-Pacific Meat Sector: Analysis of Opportunities Offered by High Growth Economies

Opportunities in the Asia-Pacific Meat Sector: Analysis of Opportunities Offered by High-Growth Economies Summary Asia-Pacific represents the second-largest market globally with a value share of 30.5% in the global meat sector in 2018, and is expected to grow at a CAGR of 3.8% during 2018-2023. The region registered the lowest per capita consumption and expenditure of all regions in 2018. Fresh meat (counter) is the largest category in the Asia-Pacific meat sector, accounting for 71% of overall value sales in 2018. Hong Kong accounted for 2.9% share of the regional meat sector in 2018 and is forecast to witness the highest CAGR of 11.9% during 2018-2023. The overall meat sector in the Asia-Pacific region is fragmented, with the top five brands - Shuanghui, Itoham, Grassland Xingfa, Nippo......
$2100

Country Profile: Confectionery in Mexico

Country Profile: Confectionery in Mexico Summary The Mexican confectionery sector is led by the sugar confectionery category in both value and volume terms, while chocolate is forecast to register the fastest growth over 2018-2023. With rising health consciousness, confectioneries with ‘free from' claims are expected to contribute the most to the growth of the health & wellness market in the sector over 2018-2023. Mondelez International, Inc., Mars, Incorporated, and Grupo Bimbo, S.A.B de C.V. are the leading companies in the sector. GlobalData's Country Profile report on the confectionery sector in Mexico provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands. What else is co......
$875

Country Profile: Confectionery in Italy

Country Profile: Confectionery in Italy Summary The Italian confectionery sector is led by the chocolate category in both value and volume terms, while sugar confectionery is expected to register the fastest growth in both value and volume terms during 2018-2023. Hypermarkets & supermarkets is the leading channel for the distribution of confectioneries in the country. Flexible packaging is the most commonly used pack material in the Italian confectionery sector, followed by rigid plastics and paper & board. ‘Perfetti Van Melle SpA', ‘Ferrero' and ‘Nestle SA' are the leading market players in the sector. GlobalData's Country Profile report on the confectionery sector in Italy provides insights on high growth categories to target, trends in the usage of package materials, category leve......
$875

Success Case Study: Deliveroo – Making take-away food delivery smart and connected

Success Case Study: Deliveroo - Making take-away food delivery smart and connected Summary Online/app-based food delivery is a growth market in the face of pressure on traditional quick-service restaurants. This has inspired both new start-ups and bigger brands with the logistics and online clout to explore such services, with competition springing up in major cities in markets such as the US, UK, and Europe. Established by two American expats in London, Deliveroo has become one of the most successful start-up brands in the developing online/app-based food delivery market. Scope - Deliveroo has been a definitive player in disrupting the market by leveraging existing providers and providing the branded platform and delivery rider network to offer enhanced choice (including restaurants ......
$995

Country Profile: Confectionery in the US

Country Profile: Confectionery in the US Summary The US confectionery sector is led by the chocolate category in both value and volume terms, while sugar confectionery is forecast to register the fastest value and volume growth during 2018-2023. Hypermarkets & supermarkets is the leading channel for distribution of confectionery products in the country. Flexible packaging is the most commonly used pack material, followed by rigid plastics and paper & board. The Hershey Co, Mars, Incorporated and Mondelez International, Inc are the leading players in the US confectionery sector. GlobalData's Country Profile report on the confectionery sector in the US provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data ......
$875

Top Growth Opportunities: Meat in Canada

Top Growth Opportunities: Meat in Canada Summary "Top Growth Opportunities: Meat in Canada", provides an overview of the meat sector, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData's proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for meat producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes. This report provides recommend......
$2995

Success Case Study: Bubs Australia – A determined cross-border strategy to capitalize on appeal in China

Success Case Study: Bubs Australia - A determined cross-border strategy to capitalize on appeal in China Summary "Success Case Study: Bubs Australia", is part of GlobalData's Successes and Failures research. It focuses on the baby food brand Bubs Australia, and its ability to capitalize on its appeal among Chinese consumers with a deliberate and aggressive cross-border strategy. The case study delivers crucial "what?", "why?", and "so what?" analysis to impart valuable lessons that can increase the prospects of a successful product or campaign launch. Ongoing food safety scandals in China have boosted demand for foreign-made goods, particularly in the baby food category, where safety is paramount. Collaborating with key retailers, social media influencers, and new shopper networks is cr......
$995

Company Profile: Recursion Pharmaceuticals, Inc.

Company Profile: Recursion Pharmaceuticals, Inc. Summary Recursion Pharmaceuticals, Inc. is a biotechnology company. Recursion combines experimental biology and bioinformatics with artificial intelligence (AI) in a parallel system to identify treatments quickly and efficiently for any disease which can be modeled at the cellular level. Scope The report provides information and insights into Recursion Pharmaceuticals, Inc., including - - Overview of the company and its product offering - Detailed insight into its business model, technology, revenue model and business presence - Information on partnerships and funding it received - Biography of top management. Reasons to buy - Gain insights into Recursion 's business operations. - Gain insights into funding and partnerships. - Gain un......
$350

Country Profile: Confectionery in Spain

Country Profile: Confectionery in Spain Summary The Spanish confectionery sector is led by the chocolate category in value terms in 2018 and is also forecast to register the fastest value and volume growth during 2018-2023. With rising health consciousness, confectioneries with ‘free from' attributes are gaining the fastest popularity amongst the Spanish consumers. Flexible packaging is the most commonly used pack material, followed by rigid plastics and paper & board. Mondelez International, Inc., Mars, Incorporated, and Nestle SA are the leading companies in the sector. GlobalData's Country Profile report on the confectionery sector in Spain provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and ma......
$875
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy