Market Research Logo

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

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

Summary

Global Ice Cream sector was valued at US$149,316.4 Million in 2016 and is forecast to record a CAGR of 4.1% during 2016-2021, to reach US$182,839.2 Million by 2021. North America, with a value share of 40.1% in 2016, represents the largest regional market, while Latin America accounted for a very minor share of 5.8% in the same year. The Latin America Ice Cream sector is forecast to grow at a CAGR of 4.6% in value terms during 2016-2021.

Latin America Ice Cream sector is forecast to grow from US$8,721.8 Million in 2016 to US$10,896.2 Million by 2021, registering a CAGR of 4.6%. Take-Home and Bulk Ice Cream is the largest market, followed by Impulse Ice Cream - Single Serve, and Artisanal Ice Cream. While the Take-Home and Bulk Ice Cream market was valued at US$3,373.2 Million in 2016, Impulse Ice Cream - Single Serve and Artisanal Ice Cream were valued at US$2,892.2 Million and US$2,456.4 Million, respectively.

On Trade is the most popular distribution channel for Ice Cream in Latin America, accounting for 60% of overall value sales in 2016, followed by Hypermarkets & Supermarkets with an 18.9% value share. Food & Drink Specialists and Convenience Stores are the other leading distribution channels in the Latin America Ice Cream sector. In Chile, Hypermarkets & Supermarkets is the largest distribution channel, with a value share of 50.4%.

Flexible Packaging is the most commonly used Package Material in the Latin America Ice Cream sector with a 68.5% volume share in 2016, while Bag/Sachet is the most popular Pack Type, accounting for a 58% volume share in the same year. Meanwhile, Prize Off is the most commonly used Closure Type, accounting for a 95.5% volume share, while Carton-Folding is the most commonly used Outer Type, accounting for a volume share of 57.8%.

Ice Cream sector in Latin America is fragmented with the top five brands - D`Onofrio, Trendy, Chicabon, Mega, and Fruttare - accounting for 11.9% of overall value share in 2016. Private Label products accounted for a 2.8% value share in the overall Latin America Ice Cream sector in the same year.

The report Opportunities in the Latin American Ice Cream Sector brings together multiple data sources to provide a comprehensive overview of the Latin America Ice Cream 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 an overview of shift in the consumption of Ice Cream 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 Ice Cream sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Ice Cream in 2016. It also covers the market share of leading companies offering Ice Cream with Health & Wellness attributes in the same year.
  • Brand Analysis: Provides an overview of leading brands in the Latin America Ice Cream sector, besides analyzing the growth of private labels in the region.
  • Key Distribution Channels: Key distribution channels: Provides analysis on the leading distribution channels in the Latin America Ice Cream sector in 2016. It covers six distribution channels - On Trade, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Dollar Stores, which include Variety Stores & General Merchandise Retailers, and Others, which include Cash & Carries & Warehouse Clubs and Others.
Companies mentioned in this report: Unilever, Sorvetes Crème Mel, Popsy Pop, Nestle, Industria de Alimentos Trendy, Helados Mimo's, Grupo Nutresa, General Mills, Colombina, Arcor.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Latin America Ice Cream sector. It includes analysis on the following -
  • Market overview: Includes sector size, market size and growth analysis by markets
  • Change in consumption: Provides an overview of shift in the consumption of Ice Cream 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 Ice Cream sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Ice Cream in 2016. It also covers the market share of leading companies offering Ice Cream with Health & Wellness attributes in the same year.
  • Brand Analysis: Provides an overview of leading brands in the Latin America Ice Cream sector, besides analyzing the growth of private labels in the region.
  • Key distribution channels: Key distribution channels: Provides analysis on the leading distribution channels in the Latin America Ice Cream sector in 2016. It covers six distribution channels - On Trade, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, Dollar Stores, which include Variety Stores & General Merchandise Retailers, and Others, which include Cash & Carries & Warehouse Clubs and Others.
  • Preferred packaging formats: Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various package materials, pack, closure, and outer types based on the volume sales (by pack units) of Ice Cream.
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 in Context – 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
    • Identifying High Potential Countries – Methodology
    • Identifying High Potential Countries – Risk, Reward and Opportunity Analysis
  • Market size and growth analysis
  • High potential countries in Latin America
    • High Potential Countries in Latin America – Overview
      • Table Brazil is the largest Ice Cream market in both value and volume terms
    • Growth Contribution Analysis by Country (1/2)
    • Growth Analysis Contribution by Country (2/2)
    • Share of Ice Cream Compared to Other Food Sectors
    • Change in Consumption Levels by Country and Markets
    • Per Capita Consumption and Expenditure Analysis
  • Country Profiles
  • High potential countries in Latin America
    • Brazil
      • Brazilian Ice Cream – Overview
      • Brazilian Ice Cream – Demographic Analysis
      • Brazilian Ice Cream – Key Trends
    • Chile
      • Chile Ice Cream – Overview
      • Chile Ice Cream – Demographic Analysis
      • Chile Ice Cream – Key Trends
    • Colombia
      • Colombia Ice Cream – Overview
      • Colombia Ice Cream – Demographic analysis
      • Colombia – Key trends
    • Peru
      • Peru Ice Cream – Overview
      • Peru Ice Cream – Demographic Analysis
      • Peru Ice Cream – Key Trends
  • Success Stories
    • About Case Studies
    • Case Study: Froneri Ice Cream
    • Case Study: Brigadeiria Gelado
    • Case Study: Emporio La Rosa
  • Company and Brand Analysis
    • Brand Share Analysis in the Ice Cream sector
    • Top Companies in Latin America Ice Cream Sector
    • Top Brands in Latin America Ice Cream Sector
    • Private Label Penetration in the Ice Cream Sector
      • Table Private Label penetration (in value terms) in the Ice Cream sector, 2016*
  • Health & Wellness Analysis
    • Health & Wellness Analysis – Overview
      • Table Health & Wellness value and its share in overall sales, 2011-2021
    • Health & Wellness Analysis – Growth Contribution by Country
    • Health & Wellness Analysis – Key Product Attributes and Consumer Benefits
    • Leading Health & Wellness Companies by Market Share
  • Key Distribution Channels
    • Leading Distribution Channels by Countries
      • Table Leading Distribution Channels in Latin America by countries (by value) , 2016
    • Leading Distribution Channels by Markets
      • Table Leading Distribution Channels in the Latin America region by markets, 2016
  • Key Packaging Formats
    • Growth Analysis by Key Packaging Material and Container Type
    • Growth Analysis by Closure Type and Outer Type
  • Challenges and Future Outlook
    • Key Challenges
    • Future Outlook – Latin America
  • Appendix
    • Appendix
      • Table Global – Ice Cream Sales, by Region - Value (US$ Million)
      • Table Global Ice Cream 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 - Artisanal Ice Cream (US$ Million)
      • Table Market Growth Analysis, by Country - Impulse Ice Cream - Single Serve (US$ Million)
      • Table Market Growth Analysis, by Country - Take-Home and Bulk Ice Cream (US$ Million)
      • Table Market Growth Analysis, by Country - Artisanal Ice Cream (Kg Million)
      • Table Market Growth Analysis, by Country - Impulse Ice Cream - Single Serve (Kg Million)
      • Table Market Growth Analysis, by Country - Take-Home and Bulk Ice Cream (Kg Million)
      • Table Global - Brands vs. Private Label Value by Markets (US$ Million), 2016
      • Table Latin America - Brands vs. Private Label Value by Markets (US$ Million), 2016
      • Table Latin America - Brands vs. Private Label Value, by Country (US$ Million), 2016
      • Table Top five Brands value sales, Impulse Ice Cream - Single Serve (US$ Million), 2016
      • Table Top five Brands value sales, Take-Home and Bulk Ice Cream (US$ Million), 2016
      • Table Health & Wellness product attribute analysis in Latin America (US$ Million), 2016-2021
      • Table Health & Wellness consumer benefit attribute analysis in Latin America (US$ Million), 2016-2021
      • Table Leading Distribution Channels in Latin America (US$ Million)
      • Table Volume (Units) Growth by Packaging Material (2011-2021)
      • Table Volume (Units) Growth by Container Type (2011-2021)
      • Table Volume (Units) Growth by Closure Type (2011-2021)
      • Table Volume (Units) Growth by Outer Type (2011-2021)
  • Trends Definitions
    • GlobalData's TrendSights Framework
    • GlobalData has identified eight mega-trends that can be broken down into 63 trends
    • Definitions – Trends: Health & Wellness
    • Definitions – Trends: Sensory & Indulgence
    • Definitions – Trends: Comfort & Uncertainty (1/2)
    • Definitions – Trends: Sustainability & Ethics
    • Definitions – Trends: Individualism & Expression
    • Definitions – Trends: Smart & Connected
    • Definitions – Trends: Easy & Affordable

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report