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

  • ID: 4296643
  • Report
  • Region: America (exc North)
  • 106 pages
  • GlobalData
1 of 4

FEATURED COMPANIES

  • Alfa group
  • Aurora Alimentos
  • BRF
  • Cargill
  • Jbs
  • Kurson Kosher
  • MORE
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
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Alfa group
  • Aurora Alimentos
  • BRF
  • Cargill
  • Jbs
  • Kurson Kosher
  • MORE
1. Executive summary

2. Market size and growth analysis (Region analysis)
Market Size in Context - Latin America compared to other regions
Growth analysis by region
Growth Analysis by country
Growth Analysis by Market

3. 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

4. Market size and growth analysis (High potential countries in Latin America)
High potential countries in Latin America - Overview
Growth Contribution Analysis by Country
Share of Meat compared to other Food sectors
Change in consumption levels by country and markets
Per Capita Consumption and Expenditure analysis

5. Country Profiles (High potential countries in Latin America)
Chile
Colombia
Argentina
Brazil

6. Success Stories

7. Company and Brand Analysis
Brand Share analysis in the Meat sector
Top companies in Latin American Meat sector
Top brands in Latin American Meat sector
Private Label penetration in the Meat sector

8. Health & Wellness Analysis
Health & Wellness Analysis - Overview
Health & Wellness Analysis - Growth contribution by country
Health & Wellness Analysis - Key product attributes and consumer benefits
Leading Health & Wellness brands by market share

9. Key Distribution Channels
Leading Distribution Channels by countries
Leading Distribution Channels by categories

10. Key Packaging Formats
Growth analysis by key packaging material and container type
Growth analysis by closure type and outer type

11. Challenges and Future Outlook
Key Challenges
Future Outlook

12. Appendix

List of Tables
Regional comparison: Market size, growth, and per capita analysis, 2016-2021
Identifying high potential countries - Risk, reward and opportunity analysis
High potential countries in Latin America - Overview
Value share of Meat sector as a proportion of overall food by country
Change in consumption by market within Meat (value terms), 2016-2021
Per Capita Consumption in Latin America and high potential countries, 2016
Per Capita Expenditure in Latin America and high potential countries, 2016
Chile Meat - Overview, % value share by market, 2016
Colombia Meat - Overview % value share by market, 2016
Argentina Meat - Overview % value share by market, 2016
Brazil Meat - Overview % value share by market, 2016
Leading brands in the Latin American Meat Sector and Markets by value, 2016
Leading companies in the Latin American Meat Sector by value sales (US$ million), 2016
Leading Brands (including Private label) in the Latin American Meat Sector by value sales (US$ million), 2016
Private Label penetration in the Meat sector
Health & Wellness value and its share in overall sales, 2011-2021
Share of product attributes and consumer benefits in high potential countries Latin America, 2016
Leading Health & Wellness companies with market share by Meat markets (2016)
Leading Distribution Channels in the Latin American region by countries, 2016
Leading Distribution Channels in the Latin American region by categories, 2016

List of Figures
Year-on-year value growth analysis by region (2016-2021)
Year-on-year volume growth analysis by region (2016-2021)
Value and volume growth analysis by country (2016-2021)
Value and volume growth analysis by market (2016-2021)
Country level contribution to the growth by Markets in the Latin Americam region, 2016-2021
Chile Meat - Demographic Analysis
Colombia Meat - Demographic Analysis
Argentina Meat - Demographic Analysis
Brazil Meat - Demographic Analysis
Country level contribution to the growth of H&W Market in the Latin American region, 2016-2021
Key packaging material volume (units) share, 2016
Unit volume growth by packaging material (2011-2021)
Key container type volume (units) share, 2016
Unit volume growth by container type (2011-2021)
Key closure type volume (units) share, 2016
Unit volume growth by closure type(2011-2021)
Key outers volume (units) share, 2016
Unit volume growth by outers (2011-2021)
Note: Product cover images may vary from those shown
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  • Tyson Foods
  • Minerva
  • Kurson Kosher
  • Jbs
  • Cargill
  • BRF
  • Aurora Alimentos
  • Alfa group
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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