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

2017-10-25
Price :
Published : Oct-2017
No. of Pages : 108
Inquire before Buying request discount

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

Summary

Global spirits sector is expected to grow from US$62,569.5 Million in 2016 at a CAGR of 8.7% till 2021. In volume terms, the sector is expected grow to 36,038.1 Million liters by 2021 at a CAGR of 7.1%. The Latin American spirits sector is expected to reach to an approximate value of US$40,000 Million in 2021, growing at a CAGR of 4.2%.

Brazil is the largest market for spirits in terms of both value and volume in 2016. In terms of growth, Colombia is expected to witness fastest value CAGR, while Peru is estimated to register the fastest volume CAGR of 9.4% during 2016-2021. The specialty spirits market was the largest in the Latin American spirits sector and is expected to grow to US$17,615.7 Million by 2021.

Food & drinks specialists represented the leading channel for sales of spirits in the region, accounting for 33.1% volume share in 2016, followed by hypermarkets & supermarkets with 24.8% share. Among the high potential countries, hypermarkets & supermarkets held the highest distribution share in Peru with 33.9% of total volume sales, followed by Brazil, where the channel accounted for 27.4% share in 2016.

Latin America region is moderately fragmented with the top five brands – Cachaca 51, Velho Barreiro, Pitu, Caninha Da Roca, and Ypióca – accounting for 21.4% volume share in 2016. Private label products accounted for a volume share of 2.4% in the same year.

The report “Opportunities in the Latin American Spirits Sector”, brings together multiple data sources to provide a comprehensive overview of the Latin American spirits sector.

In particular, this report provides the following –
– Sector overview: Provides an overview of the sector size, value, and volume growth analysis, across regions.
– Change in consumption: Analysis on the shift in consumption of spirits by markets across key countries in the Latin America region.
– High potential countries: Provides risk-reward analysis of the top four high potential countries in the Latin America region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
– Country analysis: Provides deep-dive analysis of four high potential countries 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 the Latin America region, besides analyzing the growth of private labels in the region.
– Key distribution channels: Provides analysis on the leading distribution channels for spirits across the key countries in the Latin America region in 2016. It covers six distribution channels – on-trade, hypermarkets & supermarkets, convenience stores, food & drinks specialists, e-retailers, and others that include – other retailers, “dollar stores”, variety stores & general merchandise retailers, department stores, vending machines.
– Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging material, pack type, closure type, and primary outer type based on the volume sales (by pack units) of spirits.

Companies mentioned in this report: Diageo Plc, IRB Tatuzinho 3 Fazendas Ltda, Pernod Ricard SA, Engarrafamento Pitu Ltda., Industria De Bebidas Paris Ltda, Davide Campari-Milano S.p.A., Private Label, Bacardi Limited, Oncinha Beverage Factory, Fábrica de Licores de Antioquia.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Latin American Spirits 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 Spirits by markets across the key countries in the Latin American region.
– High potential countries: Provides Risk-Reward analysis of top 4 high potential countries in the Latin American region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure
– Country analysis: Provides deep-dive analysis of 4 high potential countries 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 the Latin American region, besides analyzing the growth of Private Label products in the region.
– Key distribution channels: Provides analysis on the leading distribution channels for Spirits across the key countries in the Latin American region, in 2016. It covers these distribution channels – hypermarkets & supermarkets, convenience stores, food & drinks specialists, dollar stores, which include variety stores & general merchandisers and others, which includes 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 (units) of Spirits.

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 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

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

Grain Alcohol Market by Type (Ethanol, Polyols), Application (Food, Beverages, Pharmaceutical & Healthcare), Source (Sugarcane, Grains, Fruits), Functionality (Preservative, Coloring/Flavoring Agent, Coatings), and by Region – Global Forecast to 2026

“The grain alcohol market is projected to grow at a CAGR of 4.1% during the forecast period.” According to MarketsandMarkets, the global grain alcohol market size is estimated to be valued at USD 12.2 billion in 2021 and is projected to reach USD 14.9 billion by 2026, recording a CAGR of 4.1% during the forecast period. The increased consumption and production of alcoholic beverages is one of the key factors that is driving market growth. “By source, the sugarcane segment is projected to dominate the market during the forecast period.” Sugar is a natural carbohydrate found in all fruits & vegetables. Sugar cane and sugar beet plants are the most abundant sources of sucrose, which is fermented to produce alcohol. Molasses is the by-product in the sugarcane industry, obt......
 $4950

Belgium Beer and Cider Market Insights to 2026 – Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights

Belgium Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary Belgium was severely impacted by the COVID-19 pandemic, causing the country's GDP to shrink by 6.3% in 2020. The beer & cider sector was among the worst hit by the crisis due to the enforcement of lockdown rules, which involved the closure of bars and restaurants and restrictions on social gatherings. These factors led to a double-digit decline in volume sales for the sector in 2020. The cancellation of sporting events and flights also adversely impacted beer and cider sales in the country. Belgium Beer and Cider Market Insights to 2026 report provides a complete overview of the Belgium Beer and Cider industry struct......
 $6995

Argentina Beer and Cider Market Insights to 2026 – Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights

Argentina Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary Although Argentina recorded an unstable economy during 2020, hit by the pandemic as well as the financial difficulties of consumers, volume of premium beer and cider grew. Growth was led by consumers seeking greater value for their money, as they were willing to buy premium and superpremium priced beer and cider if it offered high-quality. Argentina Beer and Cider Market Insights to 2026 report provides a complete overview of the Argentina Beer and Cider industry structure offering a comprehensive insight into historical background trends, 2020 performance and outlook to 2026. Scope Covering total market (On and ......
 $3450

Russia Beer and Cider Market Insights to 2026 – Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights

Russia Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary Despite being a small category, cider is gaining traction among consumers seeking beverages with a fruity taste and a relatively low alcohol content. Health-conscious individuals looking to reduce their alcohol consumption are turning to cider to satisfy their thirst. Rising tourist numbers are encouraging cider manufacturers to introduce new varieties in the form of dry and semi-dry options to appease a broad range of consumers. This bodes well for the country's cider market. Russia Beer and Cider Market Insights to 2026 report provides a complete overview of the Russia Beer and Cider industry structure offering a co......
 $11995

Australia Beer and Cider Market Insights to 2026 – Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights

Australia Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary In response to the COVID-19 calamity, the Australian Federal government imposed stringent measures in March and April 2020. Authorities tightened social distancing regulations, banned public gatherings of over two people and closed non-essential businesses. People were asked to remain indoors, and leave their home only for emergencies. By May, the federal, state and territorial governments began lifting restrictions. However, a second wave in major cities in July 2020 led to the reimposition of the lockdown and restrictions. Border closures, travel bans and quarantines cut off foreign tourist arrivals. By October ......
 $6995

Bulgaria Beer and Cider Market Insights to 2026 – Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights

Bulgaria Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary During the first wave of COVID-19 in March 2020, the government declared a state of emergency and imposed a lockdown. Restaurants, cafés, bars, clubs, discos, piano bars, cinemas, concert halls, schools, and offices were closed. Cultural and entertainment events and other large gatherings were banned, and road borders and airports were closed. However, grocery stores, pharmacies, gas stations, and banks were allowed to operate with certain caveats. The restrictions were eased from June 1, 2020, with restaurants, cafés, and bars allowed to reopen with limited seating capacity, outdoor and indoor gatherings of up to ......
 $6995

Slovak Republic Beer and Cider Market Insights to 2026 – Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights

Slovak Republic Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary The economic growth of the Slovak Republic hit a roadblock due to the COVID-19 pandemic, and its GDP recorded a YoY decline of 4.8% in 2020. Although the spread of COVID-19 was contained in the first phase during March-April 2020, the arrival of second wave in September forced the government to re-introduce the emergency and containment measures, which were in force until May 2021. The economic turmoil and restrictions on public movement affected the beer & cider sector in the country, which was already posting oscillating growth rates during the last three years owing to contraction of cider category and non-......
 $1995

Czech Republic Beer and Cider Market Insights to 2026 – Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights

Czech Republic Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary Due to the COVID-19 pandemic, the economy of the Czech Republic declined significantly in 2020 and its GDP at market prices declined by 5.6% in the year. Private consumption dropped by 5.2% as the purchasing power of consumers was hit hard. The unemployment rate rose to 2.5% in 2020 from 2% in 2019. In order to control their finances, Czech consumers restricted their alcohol consumption. Consequently, the per-capita consumption of beer in the country fell in 2020. The closure of many pubs and bars in 2020 also contributed to significant decline in beer volume. However, the beer consumption is likely to recover......
 $6995

Brazil Beer and Cider Market Insights to 2026 – Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights

Brazil Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary Brazil was one of the countries worst affected by the COVID-19 outbreak in 2020. After the first case of COVID-19 was reported in February 2020, the disease spread rapidly across the country. President Jair Bolsonaro downplayed the pandemic, and firmly opposed lockdowns and social distancing protocols that could hurt the economy. Nonetheless, the federal government declared a state of emergency, and closed international borders by mid-March 2020, and several state governors put lockdowns and quarantines in place. As most restrictions were relaxed from May, infections surged, with one million cases reported by June 2020......
 $3450

Switzerland Beer and Cider Market Insights to 2026 – Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights

Switzerland Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary The ongoing pandemic has, like many countries, impacted the beer & cider sector in Switzerland. Although the country did not have a proper lockdown during the pandemic, the alcoholic beverages industry was affected overall, with a major shutdown in the hospitality sector. HoReCa was closed for a large proportion of the year, along with no events during the summer of 2020. This justified the decline in the consumption of alcoholic beverages, including beer, in the country. Switzerland Beer and Cider Market Insights to 2026 report provides a complete overview of the Switzerland Beer and Cider industry structure off......
 $6995
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