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Opportunities in the Latin American Dairy & Soy Food Sector: Analysis of Opportunities Offered by High Growth Economies

Opportunities in the Latin American Dairy & Soy Food Sector: Analysis of Opportunities Offered by High Growth Economies

Summary

Global Dairy & Soy Food sector was valued at US$624.3 Billion in 2016 and is forecast to record a CAGR of 4.3% during 2016-2021, to reach US$769.9 Billion by 2021. Western Europe is the largest region in value terms, while Asia Pacific is the largest region in volume terms. Latin America, with a value share of 10.3%, was the fourth largest region by value in 2016. Rising disposable incomes and the demand for healthy food options in the region is driving the growth of Dairy & Soy products with health and wellness attributes, while a large urban population demands conveniently packaged Dairy & Soy products to suit busy lifestyles.

Dairy & Soy Food sector in Latin America accounted for US$64,452.5 Million in 2016 and is expected to reach US$83,169.3 Million in 2021, at a CAGR of 5.2%. Among the different markets, Milk is the largest by value with a share of 46.7% (US$30,110.8 Million) and is expected to grow at a CAGR of 3.7% during 2016-2021. Cheese, the second largest market, accounted for a share of 23.4% in the same year, followed by Drinkable Yogurt at 9.2%. In terms of growth, Drinkable Yogurt and Soymilk & Soy Drinks are expected to record high growth, at a CAGR of 9.7% and 8.0% respectively during 2016-2021, as the consumer inclination for healthy breakfast/snack options increases.

Hypermarkets & Supermarkets has the highest share of value sales in the Latin American Dairy & Soy Food sector at 34.6%, followed by Convenience Stores and Food & Drinks Specialists at 24.3% and 14.0% shares respectively in 2016. On Trade sales accounted for 24.3% of the overall sector sales in the same year. Convenience stores continue to be a popular channel among the majority of Latinos; however, the entry and expansion of large North American retailers is expected to drive the growth of Hypermarkets & Supermarkets in the region.

Rigid Plastic is the most commonly used packaging material in the Latin American Dairy & Soy Food sector, accounting for 39.0% of the sector (by pack units) in 2016, while Carton is the most used packaging container type, accounting for 26.9% of all containers used. Foil is the most commonly used closure type, accounting for a 29.4% share in 2016, while Box is the most commonly used packaging outer type, accounting for a 54.0% share in 2016.

Overall Dairy & Soy Food sector in Latin America is fragmented with the top five brands - Ninho, Paulista, Elege, Batavo, and Itambé, accounting for 15.2% of overall value sales in the sector in 2016, while Private Label brands held a 4.7% share in the overall Latin American Dairy & Soy Food sector. In addition, the value offered by Private Label and the expansion of Hypermarkets & Supermarkets is expected to drive the growth of Private Label in the future.

The report Opportunities in the Latin American Dairy & Soy Food Sector brings together multiple data sources to provide a comprehensive overview of the Latin American Dairy & Soy Food sector.

In particular, this report provides the following analysis -

  • Market overview: Includes sector size, market size and growth analysis by markets.
  • Change in consumption: Provides a shift in the consumption of Dairy & Soy Food 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 Dairy & Soy Food sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Dairy & Soy Food in 2016. It also covers the market share of leading companies offering Dairy & Soy Food with health and wellness attributes in the same year.
  • Brand Analysis: Provides an overview of leading brands in Latin America region, besides analyzing the growth of Private Label in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels in the Latin American Dairy & Soy Food sector in 2016. It covers seven distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers, ‘Dollar Stores’ and Others that include - Cash & Carries and Warehouse Clubs and Other Retailers.
Companies mentioned in this report: Savencia, Nestle, Mastellone, Itambe, Grupo Lala, Grupo Gloria, Groupe Lactalis, Groupe Danone, Ganaderos Producteros, BRF.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Latin American Dairy & Soy Food 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 Dairy & Soy Food 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 Dairy & Soy Food sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Dairy & Soy Food in 2016. It also covers the market share of leading companies offering Dairy & Soy Food with health and wellness attributes in the same year.
  • Brand Analysis: Provides an overview of leading brands in Latin America region, besides analyzing the growth of Private Label in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels in the Latin American Dairy & Soy Food sector in 2016. It covers seven distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers, ‘Dollar Stores’ and Others that include - Cash & Carries and Warehouse Clubs and Other Retailers.
  • 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 Dairy & Soy Food.
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


  • Executive Summary
  • Market size and growth analysis
    • Market Size Analysis - Latin America compared to other regions
      • Table Regional comparison: Market size, growth, and per capita analysis, 2016-2021
    • Growth Analysis by Region
    • Growth Analysis by Country
    • Growth Analysis by Market
  • Identifying high potential countries in Latin America
    • High potential countries in Latin America
    • Analyzing countries in Latin America - Methodology
    • Risk, reward and opportunity analysis of Latin America countries
  • Market size and growth analysis High potential countries in Latin America
    • Countries in Latin America - Overview
    • Growth Contribution Analysis by Country (1/6)
    • Share of Dairy & Soy Food compared to other Food sectors
    • Change in consumption levels by country and Dairy & Soy Food markets
    • Per Capita Consumption Analysis
    • Per Capita Expenditure Analysis
  • High Potential Country Analysis: Latin America
    • Brazil
      • Brazilian Dairy & Soy Food - Overview
        • Table % Value Share, 2016
      • Brazilian Dairy & Soy Food - Demographic analysis
      • Brazilian Dairy & Soy Food - Key trends
    • Colombia
      • Colombia Dairy & Soy Food - Overview
        • Table % Value Share, 2016
      • Colombian Dairy & Soy Food - Demographic analysis
      • Colombia - Key trends
    • Peru
      • Peru Dairy & Soy Food - Overview
        • Table % Value Share, 2016
      • Peru Dairy & Soy Food - Demographic analysis
      • Peru Dairy & Soy Food - Key trends
    • Chile
      • Chilean Dairy & Soy Food - Overview
        • Table % Value Share, 2016
      • Chilean Dairy & Soy Food - Demographic analysis
      • Chilean Dairy & Soy Food - Key trends
  • Success Stories
    • About Case Studies
    • Case Study: Yogurisimo 3 in 1 Yogurt
    • Case Study: Nestlé Moça Condensed Milk
    • Case Study: Veronica Leche CLA
  • Company and Brand Analysis
    • Brand Share Analysis in the Dairy & Soy Food Sector (1/3)
    • Leading companies in the Latin America's Dairy & Soy Food sector
    • Leading Brands in the Latin American Dairy & Soy Food sector
    • Private Label penetration in the Dairy & Soy Food sector
      • Table Private Label penetration (in value terms) in the Dairy & Soy Food sector, 2016
  • Health & Wellness Analysis
    • Health & Wellness Analysis - Overview
      • Table Health & Wellness value and its share in overall sales, 2011-2021
    • Health & Wellness market growth analysis by country
    • Health & Wellness Analysis - Key product attributes and consumer benefits
    • Health & Wellness Analysis - Key Product Attributes and Consumer Benefits
    • Health & Wellness Analysis - Key Product Attributes and Consumer Benefits
    • Leading Health & Wellness companies by market share (1/3)
  • Key Distribution Channels
    • Leading Distribution Channels by countries
      • Table Leading Distribution Channels in Latin America by countries, 2016
      • Table Leading Distribution Channels in Latin America region by markets, 2016
  • Key Packaging Formats
    • Growth analysis by key packaging material and container type
    • Growth analysis by closure type and outers
  • Challenges and Future Outlook
    • Key Challenges
    • Future Outlook - Latin America
  • Appendix
    • Table Global Dairy & Soy Food - Sales, by Region - Value (US$ million)
    • Table Global Dairy & Soy Food Sales, by Region- Volume (Kg Million)
    • Table Growth Analysis, by Country- Value (US$ million)
    • Table Growth Analysis, by Country- Volume (Kg Million)
    • Table Market Growth Analysis, by Country - Butter & Spreadable Fats (US$ Million)
    • Table Market Growth Analysis, by Country - Cheese (US$ Million)
    • Table Market Growth Analysis, by Country - Cream (US$ Million)
    • Table Market Growth Analysis, by Country - Dairy-Based & Soy-Based Desserts (US$ Million)
    • Table Market Growth Analysis, by Country - Drinkable Yogurt (US$ Million)
    • Table Market Growth Analysis, by Country - Fromage Frais & Quark (US$ Million)
    • Table Market Growth Analysis, by Country - Milk (Sweet Biscuits) (US$ Million)
    • Table Market Growth Analysis, by Country - Soymilk & Soy Drinks (US$ Million)
    • Table Market Growth Analysis, by Country - Yogurt (US$ Million)
    • Table Market Growth Analysis, by Country - Butter & Spreadable Fats (Kg Million)
    • Table Market Growth Analysis, by Country - Cheese (Kg Million)
    • Table Market Growth Analysis, by Country - Cream (Kg Million)
    • Table Market Growth Analysis, by Country - Dairy-Based & Soy-Based Desserts (Kg Million)
    • Table Market Growth Analysis, by Country - Drinkable Yogurt (Kg Million)
    • Table Market Growth Analysis, by Country - Fromage Frais & Quark (Kg Million)
    • Table Market Growth Analysis, by Country - Milk (Sweet Biscuits) (Kg Million)
    • Table Market Growth Analysis, by Country - Soymilk & Soy Drinks (Kg Million)
    • Table Market Growth Analysis, by Country - Yogurt (Kg Million)
    • Table Global - Brands vs. Private Label Value (2016, US$ million)
    • Table Latin America - Brands vs. Private Label Value (2016, US$ million)
    • Table Latin America - Brands vs. Private Label Value, by Country (2016, US$ million)
    • Table Latin America Top 5 Brands value sales, Butter & Spreadable Fats (US$ million)
    • Table Latin America Top 5 Brands value sales, Cheese (US$ million)
    • Table Latin America Top 5 Brands value sales, Cream (US$ million)
    • Table Latin America Top 5 Brands value sales, Dairy-Based & Soy-Based Desserts (US$ million)
    • Table Latin America Top 5 Brands value sales, Drinkable Yogurt (US$ million)
    • Table Latin America Top 5 Brands value sales, Fromage Frais & Quark (US$ million)
    • Table Latin America Top 5 Brands value sales, Milk (Sweet Biscuits) (US$ million)
    • Table Latin America Top 5 Brands value sales, Soymilk & Soy Drinks (US$ million)
    • Table Latin America Top 5 Brands value sales, Yogurt (US$ million)
    • Table Health & Wellness product attribute analysis for Latin America
    • Table Health & Wellness consumer benefit attribute analysis for Latin America
    • Table Leading Distribution Channels in the Latin America region, 2016
    • Table Volume Growth by Packaging Material (2011-2021)
    • Table Volume Growth by Container Type (2011-2021)
    • Table Volume Growth by Closure Type (2011-2021)
    • Table Volume Growth by Outer Type (2011-2021)
  • Trends Definitions
  • About Global Data

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