Latin America

The rising consumer health consciousness, given further impetus by the COVID-19 pandemic, is helping honey sales to grow given its perceived natural and beneficial properties. Honey's popularity is also being boosted by its adaptability as a…

As Mexican parents returned to offices and busy lifestyles once pandemic-related restrictions eased, demand for baby food grew as a convenient and time-saving way to ensure their children’s nutritional needs were met. Prepared baby food packaging…

Sugar confectionery packaging continued to record increasing unit volume sales from the previous year, marking its post-pandemic recovery. Sugar confectionery in Mexico is most often purchased as an impulse at-the-counter buy in Mexico, and as such,…

Following a marginal upturn in demand for dairy products in 2020 in line with home seclusion during the first year of the pandemic, retail volumes fell in 2021, followed by a marginal improvement in 2022. Therefore, demand for dairy products remained…

The pandemic in Mexico prompted a sustained interest in home cooking, which has lasted even after pandemic-induced restrictions were removed. With the resumption of busy lives, time-strapped consumers looking to make meals at home opted for meals and…

Plant-based dairy in Mexico is mainly represented by plant-based milk products such as oat milk or coconut milk. Demand for alternatives to cow’s milk is being driven by two major trends – health concerns and environmental awareness. Plant-based milk…

In 2022, processed fruit and vegetables packaging returned to growth in total unit volumes after witnessing a marginal decline the previous year. After the significant boost in demand during the pandemic as a result of home seclusion, packaging unit…

Packaging unit volume sales in processed meat and seafood in Mexico only witnessed marginal growth in 2022, considering that the category was reaching more normal levels of demand following the pandemic-induced boost. During the pandemic, local…

Sauces, dips and condiments recorded an increase in packaging unit volume sales in 2022, driven by the sustained interest in home cooking generated by the pandemic in Mexico. In 2022, after lockdown restrictions had been lifted and consumers resumed…

Sweet spreads packaging volumes witnessed an increase in 2022 over the previous year, when volume sales declined. The pandemic initially drove up demand for sweet spreads and associated packaging in 2020 due to home seclusion, as it gave rise to…

This report examines inflation levels and drivers globally and in key countries in Q4 2023 and 2024. Global inflation is moderating, although divergence remains among the key economies. Higher volatility in the energy markets and disruption of…

The briefing examines how the pulp commodity performs globally and in the largest countries in terms of supply and production. The report also provides data and analysis on pulp price dynamics, as well as trends across key commodity-consuming…

Technological advances in 2024 will continue to reshape consumer behaviour. This annual report explores the top five digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this report’s edition…

In Brazil, 2022 saw significant developments in the packaging industry, driven by changing consumer behaviour and environmental concerns. With the post-pandemic shift towards on-the-go consumption, convenience and portability becoming key…

There was a clear shift in consumer preferences in Columbia in 2022, of which the main one was emphasising a delicate balance between affordability and quantity. This trend, driven by environmental consciousness and economic concerns amid rising…

Over the past two decades, packaging trends in Mexico have undergone significant transformations, reflecting evolving consumer preferences and environmental concerns. There has been increasing adoption of plastic pouches, particularly in the food…

In the wake of the pandemic a significant shift in consumer behaviour was seen as people started spending more time outside their homes in 2022. There was a rise in on-the-go consumption, which necessitated a change in the way products were packaged.…

Flexible packaging was the main pack type used in hot drinks packaging in 2023, just ahead of glass jars. Flexible packaging was continuing to record increasing unit volumes and gaining share in hot drinks packaging in 2023, with this expected to…

PET bottles continued to be the main pack type in soft drinks in Mexico in 2023. This can be attributed to the importance of carbonates and bottled water in Mexican soft drinks, as PET bottles are the main pack type in these two categories, which are…

Flexible packaging remained the dominant pack type in hot drinks packaging in Argentina, with its dominance expected to continue over the forecast period. Flexible packaging is popular thanks to its affordability, durability and convenience over…