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

Travel in Chile

Sep 2022

Travel flows in Chile are increasing in 2022 due to an easing of restrictions in the country following high vaccination rates, leading to greater confidence to spent on non-essential goods and services. However, the number of trips taken and…

USD 2,450
Country Report

Tourism Flows in Chile

Sep 2022

The number of inbound arrivals is increasing in 2022, driven by Latin American markets such as Brazil, Peru and Argentina. Most tourists that arrive from these countries are mainly visiting friends and relatives after a long period of restrictions at…

USD 1,195
Country Report

Lodging (Destination) in Chile

Sep 2022

Confinement in Chile has been strict over the 2-year period of the pandemic, while 2022 has seen greater flexibility in line with a gradual easing of restrictions which has allowed the local population to resume various activities, including travel…

USD 1,195
Country Report

Booking in Chile

Sep 2022

After two years of pandemic-related disruptions, local families are now being impacted by internal and external economic factors when deciding to travel. Chile is experiencing rising inflation rates in 2022, increasing prices of essential products,…

USD 1,195
Country Report

Airlines in Chile

Sep 2022

The emergence of the pandemic has led to the cancellation of many trips, followed by rescheduling and a loss of customers, with airlines overwhelmed by consumers’ communications requesting refunds on tickets. In this scenario, Chileans demanded that…

USD 1,195
Country Report

Yoghurt and Sour Milk Products in Guatemala

Sep 2022

Yoghurt is expected to record robust growth in current value terms in 2022 with retail volume sales only marginally lower than in 2021 dampened by the continued recovery of foodservice sales. Yogurt witnessed significant product activity in 2021 as…

USD 1,195
Country Report

Yoghurt and Sour Milk Products in Ecuador

Sep 2022

This category saw a decline in volumes in 2020 because most sales of these products are generated by single serve formats that are usually consumed on-the-go, as a snack or used in school lunch boxes – drinking yoghurt is the largest part of the…

USD 1,195
Country Report

Yoghurt and Sour Milk Products in Bolivia

Sep 2022

In 2022, retail value and volume sales of yoghurt and sour milk products in Bolivia continue to record moderate growth and is mainly driven by many consumers’ perception that these products are a healthy alternative to overall dairy products. During…

USD 1,195
Country Report

Travel in Colombia

Sep 2022

Colombia’s travel industry is in the process of post-pandemic normalisation in 2022. In recent years the country’s government has focused efforts to attract travellers and to improve tourism infrastructure, with tax benefits allowing for the…

USD 2,450
Country Report

Tourism Flows in Colombia

Sep 2022

Overall inbound and outbound flows are rising fast in Colombia in 2022, as are domestic tourism flows, in both business and leisure tourism. All are still falling short of pre-pandemic levels in terms of number of trips, however, though domestic…

USD 1,195
Country Report

Plant-Based Dairy in Guatemala

Sep 2022

Vegan brand Violife launched in Guatemala in 2022 although distribution is focused on premium outlets in cities. Nevertheless, a wide range of offerings are available including grated, sliced, and spreadable cheese presentations. The launch of this…

USD 990
Country Report

Plant-Based Dairy in Ecuador

Sep 2022

Terrafertil is the outright leader in the category with its Nature's Heart brand. Terrafertil has been a subsidiary of Nestlé since 2018, the year in which Nestlé acquired 60% of the company's capital. Until then it had been an Ecuadorian start up.…

USD 990
Country Report

Plant-Based Dairy in Bolivia

Sep 2022

Plant-based dairy products in Bolivia are largely dominated by soy drinks, while plant-based yoghurt and plant-based cheese have negligible retail value and volume sales. Plant-based dairy is registering relatively healthy retail value sales growth…

USD 990
Country Report

Other Dairy in Guatemala

Sep 2022

Nestlé Guatemala SA launched two new squeezy bottles of leading condensed milk brand La Lechera in 2021 in 335g and 325g formats. This is a significant packaging innovation by Nestlé after many years of producing its condensed milk in standard…

USD 1,195
Country Report

Other Dairy in Ecuador

Sep 2022

Other dairy is suffering from a surge in health awareness as a result of the pandemic as more Ecuadorean consumers are examining their diets. This is encouraging them to cut down on their consumption of condensed milk and cream because of their high…

USD 1,195
Country Report

Other Dairy in Bolivia

Sep 2022

The competitive landscape of condensed and evaporated milk in Bolivia is relatively concentrated, with Pil Andina SA and Nestlé Bolivia Srl leading the category. In 2022, both these companies are facing a significant increase in illegal products from…

USD 1,195
Country Report

Lodging (Destination) in Colombia

Sep 2022

Hotels overall is rising in terms of room nights, number of rooms and sites/outlets in 2022, though has not yet reached pre-COVID-19 levels. Budget, mid-market, luxury and upscale hotels have all been rising in terms of sites/outlets since the…

USD 1,195
Country Report

Drinking Milk Products in Guatemala

Sep 2022

Shelf stable milk is the second most popular choice of drinking milk in Guatemala after powdered milk, with consumers favouring this option over fresh milk as refrigerators are present in only half of households. In 2022, the category is seeing…

USD 1,195
Country Report

Drinking Milk Products in Ecuador

Sep 2022

The price of milk decreased during 2021 as some consumers became more cautious in their expenses and therefore opted for cheaper brands. This created a price war between the different brands. Private label also pushed its milk prices down, while…

USD 1,195
Country Report

Drinking Milk Products in Bolivia

Sep 2022

In 2022, drinking milk products is registering negative retail value sales, but volume sales remain slightly positive. This is mostly due to an increase in the supply of contraband substitute dairy milk products such as powder milk and other dairy…

USD 1,195
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