Paul Thomen

Sunday, 11 November 2012

Latin America Foodservice Industry Evolving Opportunities in a Major Growth Market


As the fastest growing foodservice region, Latin America is poised to offer significant long-term opportunities. In Brazil, fast food and caf├ęs/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.

Get your copy of this report @ http://www.rnrmarketresearch.com/latin-america-foodservice-evolving-opportunities-in-a-major-growth-market-market-report.html

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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