As the fastest growing foodservice region, Latin America is poised to
offer significant long-term opportunities. In Brazil, fast food and cafés/bars
are taking centre stage as demand grows for convenient foodservice and
consumers adapt to an evolving coffee shop culture. The other major markets of
Mexico, Argentina, Colombia and Venezuela also offer opportunities, including
growth in chained full-service restaurants, expansion into retail locations and
increased demand for takeaway/delivery.
With 11% value growth in 2011, Latin
America foodservice was the fastest growing foodservice region in the
world, a fact that has certainly caught the attention of global operators.
Evolving Opportunities in a Major
Growth Market global briefing offers an insight into to the size and shape of
the Consumer Foodservice market, highlights buzz topics, emerging geographies,
categories and trends as well as pressing industry issues and white spaces. It
identifies the leading operators and brands, offers strategic analysis of key
factors influencing the operating environment – be they economic/lifestyle
influences, new foodservice concepts, outlet locations, menu innovation or
format development. The entire industry is considered, including both chained
and independent operators. Forecasts illustrate how the market is set to change
and what is the criteria for success.
Brazil is forecast to see the third largest absolute growth in chained
consumer foodservice in the world over 2011-2016, at just over US$6 billion.
US$4.5 billion of that growth will be in chained fast food.
Despite its large group of increasingly affluent urban consumers, Brazil
ranks 25th in per capita spending on foodservice with US$781.
Similarly, Argentina and Mexico posted 2011 per capita spending of only around
US$500, evidence of the growth potential in these markets.
Retail locations in Latin America grew faster than any other type in
both outlets and value in 2011, posting increases of 7% and 15%, respectively.
Rapid growth in shopping malls in the region’s more affluent areas is creating
lucrative expansion opportunities for foodservice outlets.
Product coverage: Consumer Foodservice by Location, Consumer
Foodservice by Type.
Data coverage: market sizes (historic and forecasts), company
shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Consumer Foodservice market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop
Report Details:
Published: Oct 2012
No. of pages:53
Price: Single User License: US $2000
Table of Contents
Latin America Foodservice: Evolving Opportunities in a Major Growth Market
Euromonitor International
October 2012
Introduction
Regional Performance
Competitive Landscape
Category Analysis
Regional Prospects
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