Category: Food & Beverage
Central America Food & Beverage
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Consumer Health in Costa Rica
... Inflation in Costa Rica was 8.27% in 2022, the highest in the last decade. Consequently, price sensitivity is high, and consumers focus on priority items. Additionally, a high percentage of the population is still affected ... Read More
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Weight Management and Wellbeing in Costa Rica
... higher-income consumers who can afford them have resorted to using these injections to lose weight fast - ignoring the long-term consequences this can bring. However, this "" remedy "" competed heavily with traditional weight management ... Read More
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Sports Nutrition in Costa Rica
... Many Costa Ricans focus on losing weight gained during the pandemic as consumers return to their normal routines. Protein is gaining popularity among sports enthusiasts and the general population, with mainstream consumers buying protein to ... Read More
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Costa Rica Beer and Cider Market Overview by Category, Price Segment Dynamics, Brand and Flavour, Distribution and Packaging, 2023
... cider sector and the report contains introduction, category and segment insights, company and brand insights, channel insights, packaging insights, and appendix sections. Key insights and drivers behind the Beer and Cider market performance Reasons to ... Read More
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Costa Rica Tea Market Outloot (2019-2027)
... from 2019 to 2022 and forecasts until 2027 which makes the report an invaluable resource for business leaders, decision-makers, consultants, analysts, and other people looking for key industry data in a readily accessible document with ... Read More
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Ice Cream in Costa Rica
... continues to recover in 2023, although this trend is dampening home consumption, which is expected to see a marginal decline in volume terms for the full year. In retailers, consumers are very price conscious and ... Read More
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Sugar Confectionery in Costa Rica
... Sugar confectionery is frequently purchased for children´s birthday parties where bags of assorted confectionery products are placed inside piñatas. Talks of inclusion in schools have motivated parents to invite all classmates to birthday parties. Consequently, ... Read More
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Snacks in Honduras
... income made consumers more cautious in their spending and stimulated demand for products on promotion. Nonetheless, the removal of COVID-19 restrictions provided a much needed stimulus to impulse sales, especially small or single serve packages. ... Read More
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Chocolate Confectionery in Costa Rica
... remains high. Lingering concerns regarding the war in Ukraine and economic uncertainty have elevated consumer stress levels, thus increasing snacking occasions. Chocolate confectionery is often used as a small treat and is an affordable indulgence ... Read More
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Gum in Costa Rica
... and so it is easy to reduce consumption, and instead, is more popular as an out-and-about indulgence, or for freshening breath in social environments or whilst at work. It is usually bought by younger generations ... Read More
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Savoury Snacks in Costa Rica
... is therefore stronger in the mass segment, as manufacturers keep prices below or in alignment with their competitors. Private labels are continuing to gain traction in savoury snacks overall, including in niche areas with health ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Costa Rica
... common trend. Brand loyalty is generally quite weak in sweet biscuits, snack bars and fruit snacks, where consumers enjoy trying different products. In the current economic climate, lower priced alternatives are highly attractive, especially for ... Read More
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Snacks in Costa Rica
... have become accustomed to higher prices. Inflation reached 7.8% in 2022, according to the National Statistics Institute (INEC), the highest level in the past decade. Added to this, a significant percentage of the population is ... Read More
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Snacks in El Salvador
... consumer purchasing frequency will lead to flat volume growth but greater dynamism in value. The resumption of society in the wake of the pandemic will favour impulse products such as ice cream, while special editions ... Read More
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Snacks in Panama
... support. Confectionery is set to benefit from a return to the classroom, while sweet biscuits will be boosted from their free provision in schools. Sales of ice cream, however, will continue to contract due to ... Read More
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Gum in Guatemala
... 2023. Industry sources note that fewer social gatherings, reduced cigarette consumption and other social and mobility variables have influenced the category’s struggle to recover fully. They also stated it might be a category where consumers ... Read More
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Savoury Snacks in Guatemala
... growth in 2023 amid a well-developed culture for snacking occasions. Like vegetable, pulse and bread snacks, nuts, seeds, and trail mixes have benefited particularly from the healthier snacking trend to register solid retail volume growth. ... Read More
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Ice Cream in Guatemala
... both the foodservice and retail channels in 2023, with sales strong across ice cream shops and parlours, as well as modern and traditional retail channels. Impulse and take-home sales of ice cream remain robust, reflecting ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Guatemala
... snacking trends in the country and have continued to thrive in the forthcoming years as the country fully reopened. Further positive retail volume and current value growth is anticipated in 2023, with on-the-go consumption back ... Read More
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Snacks in Guatemala
... rise amid further inflationary pressure in 2023. Indeed, Guatemala saw its official inflation rate rise to 9.2% at the end of 2022, its highest rate since 2008. The impact on unit prices across several categories ... Read More
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Sugar Confectionery in Guatemala
... by younger children, particularly at birthday parties where traditional piñatas regularly feature, special events, and during certain seasonal holidays and occasions. Given its maturity, retail volume and current value growth rates are typically low year ... Read More
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Chocolate Confectionery in Guatemala
... impulse occasions and social gatherings has waned slightly in 2023, in the face of restricted budgets. However, the post-pandemic revival of on-the-go eating occasions continues to stimulate demand for chocolate confectionery and support retail sales ... Read More
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Wine in Costa Rica
... foreign tourists also contributed to the growth, as well as a significant cohort of older American consumers who retired to Costa Rica during the pandemic, and are connoisseurs of wine. This healthy volume growth was ... Read More
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Spirits in Costa Rica
... of foreign tourists also contributed to the growth. This healthy volume growth was in spite of high inflation, stemming from an energy crisis caused by the war in Ukraine. The currency also fell against the ... Read More
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Beer in Costa Rica
... in December also contributed to the high levels of socialising, as did the return of foreign tourists. This healthy volume growth was in spite of high inflation, stemming from an energy crisis caused by the ... Read More
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