During 2024 sales of snacks suffered from inflationary pressures which dampened growth in volume sales. Imported brands lost competitiveness due to their higher prices as constraints on disposable income stimulated consumer caution in their spending and boosted demand for products on promotion.
In 2024, the market continued to experience inflationary pressures. Consumers became increasingly cautious in their purchasing decisions and sought out promotions and offers in order to make savings, a trend that also stimulated demand for small or single serve packages.
In Honduras, most people eat three meals a day comprised of breakfast, lunch and dinner, with lunch being the most significant and largest daily meal. In the past, the typical traditional Honduran diet was comprised of starches, fresh fruit, and meat, usually in Caribbean-style dishes.
In 2024, the Honduran population was estimated to be close to 10.8 million.
Overall, the road infrastructure remains deficient, especially in rural areas where there are still unpaved roads and where transit difficulties often occur in the rainy season. The government is currently seeking to improve the road infrastructure through projects such as the Honduran Social Investment Fund (FHIS).
Over the forecast period, the snacks category in Honduras is projected to register sustained if only moderate growth in retail volume sales. Hondurans have incorporated the habit of frequent snack consumption both on impulse in small formats and at home as a vital part of their social gatherings.
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Understand the latest market trends and future growth opportunities for the Snacks industry in Honduras with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Snacks industry in Honduras, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Snacks
This report originates from Passport, our Snacks research and analysis database.
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