Consumer Foodservice in Argentina
Euromonitor International's Consumer Foodservice in Argentina report examine stand-alone restaurants and eating establishments in which the consumer can freely choose to eat. The report looks at market trends by sector (cafes/bars, full-service restaurants, fast food, home delivery and street stalls). It profiles the leading companies in the market and analyses factors influencing eating out patterns. Forecasts illustrate how the market is set to change
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Tables: 97 | Publication date: Oct 2007
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- Get insight into trends in market performance
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Product coverage
Consumer foodservice by chained/independent; Consumer foodservice by type; Consumer foodservice by type and chained/independent
Executive summary
Another Year of Growth
Consumer foodservice was able to post significant growth again in 2006. This was mostly a consequence of higher disposable income and higher employment rates, which allowed Argentineans to go out more frequently. It also increased the number of people having lunch outside of home, due their working schedules. Tourism, with a record number of tourists, also served to boost consumer goods sales, especially in the country's interior.
Consumers Demand More Sophisticated Dishes
Consumers are becoming increasingly sophisticated and demand more sophisticated dishes. For example they go more frequently to Asian restaurants. Another indicator is the fact that consumers are ordering desserts or wines more frequently than in previous years. The average transaction value is higher.
High Prices for Rent and Salary Increases Inhibit Outlet Growth
The high prices of rent, as well as salary increases inhibited outlet growth, as they both hurt profitability. This is because consumer foodservice companies cannot raise prices at the same rate as costs and expenses increase without losing a significant share of customers, especially during lunch.
Chains Gain Share at a Slow Pace
Chains is slowly gaining share at the expense of independents, as it is a more profitable channel than independents due to economies of scale and therefore can afford to expand. This higher profitability allows chains, such as Havanna Café, Solo Empanadas or Café Martínez to open new outlets and gain share. It must be noted, however, that Argentineans still show a strong preference towards independents, as they consider high-priced independents to be of higher quality and more sophisticated than chained outlets.
Strong Growth Anticipated
As a consequence of a projected booming economy with high levels of employment and increases in disposable income, consumer foodservice sales are expected to perform very well during 2006-2011. Tourism is also estimated to play a key role, as companies working in tourism planned investments for the forecast period, which is predicted to improve the infrastructure of tourism and contribute to increased consumer foodservice sales.
Table of contents
CONSUMER FOODSERVICE IN ARGENTINA : MARKET INSIGHT
EXECUTIVE SUMMARY
Another Year of Growth
Consumers Demand More Sophisticated Dishes
High Prices for Rent and Salary Increases Inhibit Outlet Growth
Chains Gain Share at a Slow Pace
Strong Growth Anticipated
KEY TRENDS AND DEVELOPMENTS
Culinary Education Contributes to Improve Full Service Restaurants Sales
Tourism Improves Overall CFS Sales
CFS Companies Obliged to Increase the Number of Day Parts
Rents Are Causing CFS Companies to Expand into the Interior
Hectic Lives Boost CFS Sales
Increased Number of Employed Persons Drives Sales Up
MARKET DATA
Table 1 Units, Transactions and Value Sales in Consumer Foodservice: 2001-2006
Table 2 Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2001-2006
Table 3 Consumer Foodservice by Independent vs Chained Outlets: Units/Outlets 2006
Table 4 Consumer Foodservice by Eat in vs Takeaway 2006
Table 5 Consumer Foodservice by Food vs Drinks Split 2006
Table 6 Sales in Consumer Foodservice by Location 2001-2006
Table 7 Leading Chained Consumer Foodservice Brands by Number of Units 2006
Table 8 Chained Consumer Foodservice Company Shares 2002-2006
Table 9 Chained Consumer Foodservice Brand Shares 2003-2006
Table 10 Forecast Units, Transactions and Value Sales in Consumer Foodservice: 2006-2011
Table 11 Forecast Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2006-2011
PUBLISHED DATA COMPARISONS
National Consumer Expenditure
Table 12 Consumer Expenditure on Consumer Foodservice 1999-2004
DEFINITIONS
Sources
Summary 1 Research Sources
LOCAL COMPANY PROFILES - ARGENTINA
FREDDO SA - CONSUMER FOODSERVICE - ARGENTINA
STRATEGIC DIRECTION
KEY FACTS
Summary 2 Freddo SA: Key Facts
Summary 3 Freddo SA: Operational Indicators 2004-2006
COMPANY BACKGROUND
COMPETITIVE POSITIONING
Summary 4 Freddo SA: Competitive Position 2006
GASTRO MANAGEMENT GROUP - CONSUMER FOODSERVICE - ARGENTINA
STRATEGIC DIRECTION
KEY FACTS
Summary 5 Gastro Management Group: Key Facts
Summary 6 Gastro Management Group: Operational Indicators 2004-2006
COMPANY BACKGROUND
COMPETITIVE POSITIONING
Summary 7 Gastro Management Group: Competitive Position 2006
GENERAL MILLS INC - CONSUMER FOODSERVICE - ARGENTINA
STRATEGIC DIRECTION
KEY FACTS
Summary 8 General Mills Argentina SA: Key Facts
Summary 9 General Mills Argentina SA: Operational Indicators 2004-2006
COMPANY BACKGROUND
COMPETITIVE POSITIONING
Summary 10 General Mills Argentina SA: Competitive Position 2006
PERSICCO - CONSUMER FOODSERVICE - ARGENTINA
STRATEGIC DIRECTION
KEY FACTS
Summary 11 Persicco SA: Key Facts
Summary 12 Persicco SA: Operational Indicators 2004-2006
COMPANY BACKGROUND
COMPETITIVE POSITIONING
Summary 13 Persicco SA: Competitive Position 2006
SAVA SA - CONSUMER FOODSERVICE - ARGENTINA
STRATEGIC DIRECTION
KEY FACTS
Summary 14 Sava SA: Key Facts
Summary 15 Sava SA: Operational Indicators 2004-2006
COMPANY BACKGROUND
COMPETITIVE POSITIONING
Summary 16 Sava SA: Competitive Position 2006
CAFéS/BARS IN ARGENTINA
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 13 Cafés/Bars by Subsector: Units/Outlets 2001-2006
Table 14 Cafés/Bars by Subsector: Transactions 2001-2006
Table 15 Cafés/Bars by Subsector: Foodservice Value 2001-2006
Table 16 Cafés/Bars by Subsector: % Volume Growth 2001-2006
Table 17 Cafés/Bars by Subsector: % Transaction Growth 2001-2006
Table 18 Cafés/Bars by Subsector: % Foodservice Value Growth 2001-2006
Table 19 Global Brand Owner Shares of Chained Cafés/Bars 2002-2006
Table 20 Brand Shares of Chained Cafés/Bars 2003-2006
Table 21 Forecast Sales in Cafés/Bars by Subsector: Units/Outlets 2006-2011
Table 22 Forecast Sales in Cafés/Bars by Subsector: Transactions 2006-2011
Table 23 Forecast Sales in Cafés/Bars by Subsector: Foodservice Value 2006-2011
Table 24 Forecast Sales in Cafés/Bars by Subsector: % Volume Growth 2006-2011
Table 25 Forecast Sales in Cafés/Bars by Subsector: % Transaction Growth 2006-2011
Table 26 Forecast Sales in Cafés/Bars by Subsector: % Foodservice Value Growth 2006-2011
FULL-SERVICE RESTAURANTS IN ARGENTINA
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 27 FSR by Subsector: Units/Outlets 2001-2006
Table 28 FSR by Subsector: Transactions 2001-2006
Table 29 FSR by Subsector: Foodservice Value 2001-2006
Table 30 FSR by Subsector: % Volume Growth 2001-2006
Table 31 FSR by Subsector: % Transaction Growth 2001-2006
Table 32 FSR by Subsector: % Foodservice Value Growth 2001-2006
Table 33 Global Brand Owner Shares of Chained FSR 2002-2006
Table 34 Brand Shares of Chained FSR 2003-2006
Table 35 Forecast Sales in FSR by Subsector: Units/Outlets 2006-2011
Table 36 Forecast Sales in FSR by Subsector: Transactions 2006-2011
Table 37 Forecast Sales in FSR by Subsector: Foodservice Value 2006-2011
Table 38 Forecast Sales in FSR by Subsector: % Volume Growth 2006-2011
Table 39 Forecast Sales in FSR by Subsector: % Transaction Growth 2006-2011
Table 40 Forecast Sales in FSR by Subsector: % Foodservice Value Growth 2006-2011
FAST FOOD IN ARGENTINA
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 41 Fast Food by Subsector: Units/Outlets 2001-2006
Table 42 Fast Food by Subsector: Transactions 2001-2006
Table 43 Fast Food by Subsector: Foodservice Value 2001-2006
Table 44 Fast Food by Subsector: % Volume Growth 2001-2006
Table 45 Fast Food by Subsector: % Transaction Growth 2001-2006
Table 46 Fast Food by Subsector: % Foodservice Value Growth 2001-2006
Table 47 Sales of Bakery Products Fast Food by Type 2006
Table 48 Global Brand Owner Shares of Chained Fast Food 2002-2006
Table 49 Brand Shares of Chained Fast Food 2003-2006
Table 50 Forecast Sales in Fast Food by Subsector: Units/Outlets 2006-2011
Table 51 Forecast Sales in Fast Food by Subsector: Transactions 2006-2011
Table 52 Forecast Sales in Fast Food by Subsector: Foodservice Value 2006-2011
Table 53 Forecast Sales in Fast Food by Subsector: % Volume Growth 2006-2011
Table 54 Forecast Sales in Fast Food by Subsector: % Transaction Growth 2006-2011
Table 55 Forecast Sales in Fast Food by Subsector: % Foodservice Value Growth 2006-2011
100% HOME DELIVERY/TAKEAWAY IN ARGENTINA
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 56 100% Home Delivery/Takeaway by Subsector: Units/Outlets 2001-2006
Table 57 100% Home Delivery/Takeaway by Subsector: Transactions 2001-2006
Table 58 100% Home Delivery/Takeaway by Subsector: Foodservice Value 2001-2006
Table 59 100% Home Delivery/Takeaway by Subsector: % Volume Growth 2001-2006
Table 60 100% Home Delivery/Takeaway by Subsector: % Transaction Growth 2001-2006
Table 61 100% Home Delivery/Takeaway by Subsector: % Foodservice Value Growth 2001-2006
Table 62 Global Brand Owner Shares of Chained 100% Home Delivery/Takeaway 2002-2006
Table 63 Brand Shares of Chained 100% Home Delivery/Takeaway 2003-2006
Table 64 Forecast Sales in 100% Home Delivery/Takeaway by Subsector: Units/Outlets 2006-2011
Table 65 Forecast Sales in 100% Home Delivery/Takeaway by Subsector: Transactions 2006-2011
Table 66 Forecast Sales in 100% Home Delivery/Takeaway by Subsector: Foodservice Value 2006-2011
Table 67 Forecast Sales in 100% Home Delivery/Takeaway by Subsector: % Volume Growth 2006-2011
Table 68 Forecast Sales in 100% Home Delivery/Takeaway by Subsector: % Transaction Growth 2006-2011
Table 69 Forecast Sales in 100% Home Delivery/Takeaway by Subsector: % Foodservice Value Growth 2006-2011
STREET STALLS/KIOSKS IN ARGENTINA
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 70 Street Stalls/Kiosks by Subsector: Units/Outlets 2001-2006
Table 71 Street Stalls/Kiosks by Subsector: Transactions 2001-2006
Table 72 Street Stalls/Kiosks by Subsector: Foodservice Value 2001-2006
Table 73 Street Stalls/Kiosks by Subsector: % Volume Growth 2001-2006
Table 74 Street Stalls/Kiosks by Subsector: % Transaction Growth 2001-2006
Table 75 Street Stalls/Kiosks by Subsector: % Foodservice Value Growth 2001-2006
Table 76 Forecast Sales in Street Stalls/Kiosks by Subsector: Units/Outlets 2006-2011
Table 77 Forecast Sales in Street Stalls/Kiosks by Subsector: Transactions 2006-2011
Table 78 Forecast Sales in Street Stalls/Kiosks by Subsector: Foodservice Value 2006-2011
Table 79 Forecast Sales in Street Stalls/Kiosks by Subsector: % Volume Growth 2006-2011
Table 80 Forecast Sales in Street Stalls/Kiosks by Subsector: % Transaction Growth 2006-2011
Table 81 Forecast Sales in Street Stalls/Kiosks by Subsector: % Foodservice Value Growth 2006-2011