Read our latest reports on Latin America here, with analyses and ...
Read our latest reports on Latin America here, with analyses and market statistics that explore the evolving consumer preferences, market environment and inherent growth potential in individual countries, or briefings that assess key strategic themes...
Staples foods is expected to expected to register current value and volume growth, though inflation continues to hit companies’ profitability, with constant value growth expected to be more muted.
Volume sales of staple foods saw slow growth in 2023 while values rose due to inflationary pressures. The normalisation of lifestyles in the wake of the pandemic reduced the home cooking trend and lowered demand for products such as shelf stable…
The overall inflation rate in the Dominican Republic has decreased in 2023 and is projected to close at 4.9%, compared to 9.5% in 2022, marking a significant decline in price increases. However, inflation continues to impact various staple foods…
Rice, pasta and noodles in Peru has been experiencing significant growth in unit prices, primarily driven by rising manufacturing and distribution costs. Contributing factors include increased commodity prices, notably for wheat due to Russia's…
Rice continues to register price rises, but to a lesser extent than other staple products. Rice, as well as pasta, are seen as affordable staples and are consumed daily. There is also a wide range of brands available, across varying price points, and…
The price increase in the rise, pasta and noodles category has not been as sharp as in other staple foods categories, therefore volume growth has remained steady throughout 2023. Rice and pasta, being low-cost products, have benefited from…
In Peru, the political and economic instability, coupled with high inflation and reduced employment levels, has fostered the growth of chilled processed red meat. These economic challenges have led consumers to seek more cost-effective alternatives…
Following significant price increases in 2022, prices continue to rise in 2023, albeit at a lower rate. The implementation of the government’s zero tariff policy for basic basket goods to bring some relief to the country’s most vulnerable consumers…
Processed meat and seafood is expected to register a fall in constant value sales and minimal volume growth, as inflation continues to hit profit margins. Prices continue to rise as pressures from energy bills, transport, labour costs and the cost of…
Processed fruits and vegetables in Peru is demonstrating a notable trend: unlike other packaged food categories, it has not experienced significant price increases. This relative price stability has helped to slow down the decline in volume sales…