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

  • ID: 4394497
  • Report
  • Region: America (exc North)
  • 96 pages
  • GlobalData
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FEATURED COMPANIES

  • Arcor
  • Colombina
  • General Mills
  • Grupo Nutresa
  • Helados Mimo's
  • Nestle
  • MORE
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
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Arcor
  • Colombina
  • General Mills
  • Grupo Nutresa
  • Helados Mimo's
  • Nestle
  • MORE
1. Executive summary

2. Market size and growth analysis (Regional 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 Ice Cream 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)
Brazil
Chile
Colombia
Peru

6. Success Stories

7. Company and Brand Analysis
Brand Share analysis in the Ice Cream sector
Top companies in Latin American Ice Cream Sector
Top brands in the Latin American Ice Cream Sector
Private Label penetration in the Ice Cream 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
Products meeting consumers’ Health & Wellness needs
Leading Health & Wellness brands by market share

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

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
Share of Ice Cream sector compared to other food sectors
Change in consumption levels by country and markets
Per Capita Consumption and Expenditure in Latin America and high potential countries, 2016
Brazil Ice Cream - Overview, % value share by market, 2016
Chile Ice Cream - Overview % value share by market, 2016
Colombia Ice Cream - Overview % value share by market, 2016
Peru Ice Cream - Overview % value share by market, 2016
Leading brands in the Latin America Ice Cream Sector and Markets by value, 2016
Leading companies in the Latin America Ice Cream Sector by value sales (US$ million), 2016
Leading Brands (including Private label) in the Latin America Ice Cream Sector by value sales (US$ million), 2016
Private Label penetration in the Ice Cream 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 Ice Cream markets (2016)
Leading Distribution Channels in the Latin American region by countries, 2016
Leading Distribution Channels in the Latin American region by markets, 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 of Artisanal Ice Cream Market in the Latin American region, 2016-2021
Country level contribution to the growth of Impulse Ice Cream - Single Serve Market in the Latin American region, 2016-2021
Country level contribution to the growth of Take-Home and Bulk Ice Cream Market in the Latin American region, 2016-2021
Brazil Ice Cream - Demographic Analysis
Chile Ice Cream - Demographic Analysis
Colombia Ice Cream - Demographic Analysis
Peru Ice Cream- Demographic Analysis
Country level contribution to the growth of H&W Market in the Latin American region, 2016-2021
Key Package Material volume (units) share, 2016
Unit volume growth by Package Material (2011-2021)
Key Pack Type volume (units) share, 2016
Unit Volume Growth by Pack Type (2011-2021)
Key Closure Type volume (units) share, 2016
Unit volume growth by Closure Type (2011-2021)
Key Outer Type volume (units) share, 2016
Unit volume growth by Outer Type(2011-2021)
Note: Product cover images may vary from those shown
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  • Unilever
  • Sorvetes Crème Mel
  • Popsy Pop
  • Nestle
  • Industria de Alimentos Trendy
  • Helados Mimo's
  • Grupo Nutresa
  • General Mills
  • Colombina
  • Arcor
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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