Latin America

After being critically hit by the pandemic in 2020 and only a partial recovery in 2021, retail volume sales of sugar confectionery fully recovered in 2022 and are expected to continue growing to surpass 2019’s levels in 2023. Among the many…

The performance by snacks over the period of 2018-2022 varied significantly. Considering that 2018 was the last “normal” year for Chile, 2019 was marked by political protests and civil unrest, resulting in a significant part of the country’s retail…

After experiencing stronger retail volume growth than usual during the pandemic, demand for savoury snacks through the channel marginally decreased in 2022, with little change evident in the first half of 2023. However, as noted in snacks in general,…

Relative to the region, ice cream is considered fairly affordable in Chile, and is consumed more than anywhere else in Latin America on a per capita basis. Ice cream volume sales (particularly through foodservice) suffered when the pandemic hit in…

After having suffered a dramatic loss in 2020 due to lack of mobility outside of the home, volume sales of gum partially recovered in 2021. In 2022, with the full return to normality, gum’s volume sales returned to the longer-term trend of small…

The Córdoba in Argentina report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital penetration,…

Chileans remain the most avid chocolate consumers in the region. In terms of both volume and value, Chile leads the ranking in per capita chocolate consumption in LATAM (more than doubling the average). 2023 continues to be influenced by…

The Buenos Aires in Argentina report provides comprehensive city level information benchmarked against other cities in the country and region. The report includes historic data and forecasts on city population, consumer expenditure, digital…

Despite robust growth in volume sales of sweet biscuits, snack bars, and fruit snacks in 2022, the growth is expected to weaken in the current year. The strong demand for traditional filled biscuits known as "alfajores" was driven by children…

Sugar confectionery experienced robust volume growth in 2022, surpassing 2019 sales levels, and is expected to continue growing in 2023. Factors such as children's birthdays, the return to full-time school and workplaces post-pandemic are supporting…

The snacks market is set to record positive growth in 2023 in a continuation from 2022 due to the reopening of society and resumption of pre-pandemic activities. Nonetheless, poverty and income inequality have been exacerbated by the pandemic leading…

In 2023, snacks in Argentina experienced a strong recovery and surpassed pre-pandemic levels in terms of volume sales. This growth was driven by various factors, including on-the-go consumption, celebrations, and social gatherings at home. The World…

In 2022, salty snacks experienced significant growth in volume terms, driven by factors such as on-the-go consumption and home celebrations as the world began to return to normalcy after the COVID-19 pandemic. The peak of sales was observed during…

Impulse ice cream was the most dynamic category within ice cream in terms of retail volume sales in 2022, and this trend is expected to continue in 2023. The record-breaking local tourism during the 2022-2023 season, coupled with favourable weather…

In 2022, gum sales experienced robust growth in volume terms, and positive growth is expected in 2023, albeit still below pre-pandemic levels. While the end of the pandemic brought about a rebound in gum sales, several trends that emerged during the…

In 2022, retail sales of chocolate confectionery experienced robust double-digit growth in volume terms. This upward trend is expected to continue in 2023, albeit at a slower pace. The strong performance can be attributed to the recovery of kiosks,…

Sweet biscuits is an important category among Peruvians, with such products much appreciated and regularly consumed. Sales registered significant growth in 2022 with a similar performance expected in 2023, which will enable the category to exceed…

Sugar confectionery sales grew significantly in 2022, both in volume and value terms, achieving the strongest growth within the snacks market, with growth expected to remain high in 2023. Growth in value is set to remain higher than in volume terms…

Sales of snacks are set to maintain significant growth in 2023, continuing the outstanding performance seen in 2022. Nevertheless, growth is expected to be slower as sales have already recovered to pre-pandemic levels. Growth is set to be higher in…

Sales of savoury snacks experienced significant growth in 2022, with growth set to continue into 2023, although at a slower rate as the category had already reached pre-pandemic value and volume sales. The significant growth will mainly stem from the…