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

  • ID: 4394505
  • Report
  • Region: Latin America
  • 112 pages
  • GlobalData
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FEATURED COMPANIES

  • BRF
  • Ganaderos Producteros
  • Groupe Danone
  • Groupe Lactalis
  • Grupo Gloria
  • Grupo Lala
  • MORE
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
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • BRF
  • Ganaderos Producteros
  • Groupe Danone
  • Groupe Lactalis
  • Grupo Gloria
  • Grupo Lala
  • MORE
1. Executive summary

2. Market size and growth analysis (Regional analysis )
Market Size Analysis - Latin America compared to other regions
Growth analysis by region
Growth Analysis by Country
Growth Analysis by market

3. Growth potential by countries in Latin America
Risk and reward analysis - Opportunity scores

4. Market size and growth analysis
Overview - Value and volume growth analysis by country
Growth Contribution Analysis by Country
Share of Dairy compared to other Food sectors
Change in consumption levels by country and Dairy sector s
Per capita consumption and expenditure analysis

5. Country Profiles
Brazil
Chile
Colombia
Peru

6. Success Stories

7. Company and Brand Analysis
Brand Share Analysis in the Dairy sector
Leading brands in Latin America Dairy sector
Private Label penetration in the Dairy sector

8. Health & Wellness Analysis
Health & Wellness Analysis - Overview
Health & Wellness market growth analysis by country
Health & Wellness Analysis - Key product attributes and consumer benefits
Leading Health & Wellness companies 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 outers

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 Diary sector as a proportion of overall food by country
Change in consumption by market within Dairy (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
Brazil Dairy - Overview, % value share by market, 2016
Colombia Dairy - Overview % value share by market, 2016
Peru Dairy - Overview % value share by market, 2016
Chile Dairy - Overview % value share by market, 2016
Leading brands in the Latin America Dairy Sector and Markets by value, 2016
Leading companies in the Latin America Dairy Sector by value sales (US$ million), 2016
Leading Brands (including Private Label) in the Latin America Dairy Sector by value sales (US$ million), 2016
Private Label penetration in the Dairy 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 Dairy markets (2016)
Leading Distribution Channels in the Latin America region by countries, 2016
Leading Distribution Channels in the Latin America 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 America region, 2016-2021
Brazil Dairy - Demographic Analysis
Colombia Dairy - Demographic Analysis
Peru Dairy - Demographic Analysis
Chile Dairy - Demographic Analysis
Country level contribution to the growth of H&W Market in the Latin America 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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  • Savencia
  • Nestle
  • Mastellone
  • Itambe
  • Grupo Lala
  • Grupo Gloria
  • Groupe Lactalis
  • Groupe Danone
  • Ganaderos Producteros
  • BRF
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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