Although the plant-based ice cream category has been experiencing significant growth in modern grocery channels, penetration in the traditional channel is still very limited. Brands such as Nature's Heart from Terrafertil will drive category growth and other major players such as Unilever Andina Ecuador and Tonicorp are likely to follow.
The foodservice category has been greatly affected by the pandemic, but it has also shown great resilience. There are several brands that have sought to innovate with concepts and new flavours, which help drive category growth in the forecast period.
The Ecuadorian population at large has been impacted by the economic crisis caused by the pandemic, which only compounded some of the underlying economic problems the country faced. Ecuador has very high levels of unemployment and underemployment and with many on low incomes, consumer expenditure has become more constrained.
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Ice Cream industry in Ecuador 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 Ice Cream industry in Ecuador, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Ice cream is the aggregation of frozen yoghurt, impulse ice cream, unpackaged ice cream and take-home ice cream. Frozen desserts is included in the project Staples. Includes: Non-dairy ice creams (for example, soy or rice-based products, as well as any other dairy-alternative ice creams), should be tracked alongside dairy ice cream in the relevant product subcategory. Rice and soy can be used as dairy substitutes in the manufacture of ice cream, but the product is still equivalent in terms of positioning/marketing and consumer target to standard dairy ice cream.See All of Our Definitions
This report originates from Passport, our Ice Cream research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!