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Latin America

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...

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Country Report

Meals and Soups Packaging in Brazil

Sep 2023

Frozen ready meals, the biggest category in Brazilian meals and soups packaging in unit volume terms, continued to grow in 2022. This was attributed to the increasing demand for convenient and time-saving meal solutions. With changing lifestyles and…

USD 990
Country Report

Meals and Soups Packaging in Argentina

May 2024

Flexible plastic remained the leading choice of packaging for ready meals in 2023. Its versatility in terms of adapting to different shapes and sizes means it can accommodate various types of meals, catering to diverse consumer preferences. This is…

USD 990
Country Report

Meals and Soups in Uruguay

Nov 2023

Dry soup remains the largest category in sauces, dips and condiments, in current value terms. The reduction of imports, largely from Argentina, is hindering retail volume sales in 2023. Category leader Unilever del Uruguay SA leads sales of dry soup…

USD 990
Country Report

Meals and Soups in Peru

Nov 2023

Growth in the meals and soups category has been driven by value rather than volume. With a marked rise in prices generally, volume sales have contracted. This has been a particularly prominent feature of categories like this, which are usually not…

USD 990
Country Report

Meals and Soups in Mexico

Nov 2023

Health and wellness trends have been on the rise since the pandemic in Mexico. According to Euromonitor International's Voice of the Consumer: Lifestyles Survey 2023, 55% of consumers actively seek products containing healthy ingredients in their…

USD 990
Country Report

Meals and Soups in Guatemala

Nov 2023

In 2023, meals and soups witnessed a moderate lift in retail volume sales as consumption of dry soups increased. Standard brands, including Maggi, Malher and Knorr, continue to characterise soup in 2023 with similar products, flavours and unit…

USD 990
Country Report

Meals and Soups in Ecuador

Nov 2023

Dry soup is a prominent category within the packaged food industry in Ecuador. Nestlé Ecuador is the leading player due to its popular and affordable Maggi brand, which has an extensive portfolio focused on cream and traditional soups and newer…

USD 990
Country Report

Meals and Soups in Dominican Republic

Nov 2023

Meals and soups continues to be impacted by rising prices in 2023 as inflation remains high, resulting in double-digit current value growth. Since 2022, increases in the cost of raw materials, shipping costs, labour wages and energy have led to…

USD 990
Country Report

Meals and Soups in Costa Rica

Nov 2023

Meals and soups is expected to register both current value and volume growth in 2023. With society fully opened up post pandemic, and consumers leading busy lives, they appreciate the convenience of meals and coups, with ready meals in particular…

USD 990
Country Report

Meals and Soups in Colombia

Nov 2023

Sales of ready meals are declining in retail volume terms in 2023, with people returning to their normal routines and spending more time outside of the home thanks to the lifting of COVID-19 restrictions. This is seeing a shift back towards…

USD 990
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