Packaged Food in Bolivia

Packaged Food in Bolivia

EXECUTIVE SUMMARY

Despite harsher economic landscape, rise of the middle-class benefits packaged food

Bolivian consumers are becoming aware of health benefits, and have increasingly busy lifestyles

Domestic players benefit from using local ingredients, and understanding consumers’ taste preferences

Traditional grocery retailers remain popular, despite promotional efforts from supermarkets

In line with slow economic recovery, packaged food will record low growth over the forecast period

FOODSERVICE

Sales to Foodservice

Changes in Bolivian lifestyles are positive for the growth of foodservice
Domestic players lead foodservice supply in Bolivia
Bolivian restaurants offer a spin on traditional foods to increase their consumer base

Category Data

Table 1 Foodservice Sales of Packaged Food by Category: Volume 2014-2019
Table 2 Foodservice Sales of Packaged Food by Category: % Volume Growth 2014-2019
Table 3 Forecast Foodservice Sales of Packaged Food by Category: Volume 2019-2024
Table 4 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2019-2024

MARKET DATA

Table 5 Sales of Packaged Food by Category: Volume 2014-2019
Table 6 Sales of Packaged Food by Category: Value 2014-2019
Table 7 Sales of Packaged Food by Category: % Volume Growth 2014-2019
Table 8 Sales of Packaged Food by Category: % Value Growth 2014-2019
Table 9 GBO Company Shares of Packaged Food: % Value 2015-2019
Table 10 NBO Company Shares of Packaged Food: % Value 2015-2019
Table 11 LBN Brand Shares of Packaged Food: % Value 2016-2019
Table 12 Penetration of Private Label by Category: % Value 2014-2019
Table 13 Distribution of Packaged Food by Format: % Value 2014-2019
Table 14 Distribution of Packaged Food by Format and Category: % Value 2019
Table 15 Forecast Sales of Packaged Food by Category: Volume 2019-2024
Table 16 Forecast Sales of Packaged Food by Category: Value 2019-2024
Table 17 Forecast Sales of Packaged Food by Category: % Volume Growth 2019-2024
Table 18 Forecast Sales of Packaged Food by Category: % Value Growth 2019-2024

SOURCES

Summary 1 Research Sources

Edible Oils in Bolivia

HEADLINES

PROSPECTS

Soybean remains preferred edible oil but growth stagnates due to limited production

The health and wellness trend leads to greater visibility for olive oil

In challenging financial times, consumers reuse edible oils to save on costs

COMPETITIVE LANDSCAPE

Alicorp acquires Industrias de Aceite and ADM to create Industrias de Aceite SA

Local producers supply the majority of vegetable and seed oils available in Bolivia

Smuggled edible oils, particularly olive oil, threaten future success

CATEGORY DATA

Table 19 Sales of Edible Oils by Category: Volume 2014-2019
Table 20 Sales of Edible Oils by Category: Value 2014-2019
Table 21 Sales of Edible Oils by Category: % Volume Growth 2014-2019
Table 22 Sales of Edible Oils by Category: % Value Growth 2014-2019
Table 23 NBO Company Shares of Edible Oils: % Value 2015-2019
Table 24 LBN Brand Shares of Edible Oils: % Value 2016-2019
Table 25 Distribution of Edible Oils by Format: % Value 2014-2019
Table 26 Forecast Sales of Edible Oils by Category: Volume 2019-2024
Table 27 Forecast Sales of Edible Oils by Category: Value 2019-2024
Table 28 Forecast Sales of Edible Oils by Category: % Volume Growth 2019-2024
Table 29 Forecast Sales of Edible Oils by Category: % Value Growth 2019-2024

Ready Meals in Bolivia

HEADLINES

PROSPECTS

Ready meals suffers due to the economic downturn and are only purchased by middle- and upper-income consumers

Shelf stable and dry ready meals preferred, especially by younger consumers

Street food is a threat to ready meals, offering instant food solutions at lower prices

COMPETITIVE LANDSCAPE

Following a tough year in 2018, Carozzi switches distributor

Supermarket chains promote private label ready meals to increase values sales

Rapid increase of fast food consumption likely to deter investment

CATEGORY DATA

Table 30 Sales of Ready Meals by Category: Volume 2014-2019
Table 31 Sales of Ready Meals by Category: Value 2014-2019
Table 32 Sales of Ready Meals by Category: % Volume Growth 2014-2019
Table 33 Sales of Ready Meals by Category: % Value Growth 2014-2019
Table 34 NBO Company Shares of Ready Meals: % Value 2015-2019
Table 35 Distribution of Ready Meals by Format: % Value 2014-2019
Table 36 Forecast Sales of Ready Meals by Category: Volume 2019-2024
Table 37 Forecast Sales of Ready Meals by Category: Value 2019-2024
Table 38 Forecast Sales of Ready Meals by Category: % Volume Growth 2019-2024
Table 39 Forecast Sales of Ready Meals by Category: % Value Growth 2019-2024

Sauces, Dressings and Condiments in Bolivia

HEADLINES

PROSPECTS

Condiments benefit from being used in traditional Bolivian dishes

Other sauces, dressings and condiments remain niche, but local production of herbs and spices grows

As restaurants see success, so do the values sales of sauces, dressings and condiments

COMPETITIVE LANDSCAPE

Sauces, dressings and condiments benefit from seasonal promotion

Industrias Venado leads as Kris offers table sauces that are popular in retail and foodservice

Industrias Kral Srl expands into new cities, offering discount prices on table sauces

CATEGORY DATA

Table 40 Sales of Sauces, Dressings and Condiments by Category: Volume 2014-2019
Table 41 Sales of Sauces, Dressings and Condiments by Category: Value 2014-2019
Table 42 Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2014-2019
Table 43 Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2014-2019
Table 44 NBO Company Shares of Sauces, Dressings and Condiments: % Value 2015-2019
Table 45 LBN Brand Shares of Sauces, Dressings and Condiments: % Value 2016-2019
Table 46 Distribution of Sauces, Dressings and Condiments by Format: % Value 2014-2019
Table 47 Forecast Sales of Sauces, Dressings and Condiments by Category: Volume 2019-2024
Table 48 Forecast Sales of Sauces, Dressings and Condiments by Category: Value 2019-2024
Table 49 Forecast Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2019-2024
Table 50 Forecast Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2019-2024

Soup in Bolivia

HEADLINES

PROSPECTS

Dehydrated soup benefits from the changing lifestyles of busy Bolivians

Instant soup that focuses on local taste preferences are a win for Bolivians

Dehydrated soup records high levels of value sales and growth as consumers seek convenience

COMPETITIVE LANDSCAPE

Maggi remains the leading player, however, the health and wellness trend means it struggles for growth

Knorr positions its products as naturally healthy, responding to the health and wellness trend

Domestic manufacturers focus on local taste preferences to differentiate themselves from global players

CATEGORY DATA

Table 51 Sales of Soup by Category: Volume 2014-2019
Table 52 Sales of Soup by Category: Value 2014-2019
Table 53 Sales of Soup by Category: % Volume Growth 2014-2019
Table 54 Sales of Soup by Category: % Value Growth 2014-2019
Table 55 NBO Company Shares of Soup: % Value 2015-2019
Table 56 LBN Brand Shares of Soup: % Value 2016-2019
Table 57 Distribution of Soup by Format: % Value 2014-2019
Table 58 Forecast Sales of Soup by Category: Volume 2019-2024
Table 59 Forecast Sales of Soup by Category: Value 2019-2024
Table 60 Forecast Sales of Soup by Category: % Volume Growth 2019-2024
Table 61 Forecast Sales of Soup by Category: % Value Growth 2019-2024

Sweet Spreads in Bolivia

HEADLINES

PROSPECTS

Jams and preserves lead sweet spreads while organic and local offerings are on the rise

Honey experiences an increase in per capita consumption as the government aims to increase production

Smuggled sweet spreads are a threat to both growth and values sales

COMPETITIVE LANDSCAPE

Cordill leads sweet spreads however its faces financial difficulties in 2019

The leading players in sweet spreads are domestic products

Arcor and Yacobs release healthier jams and preserves, appealing to consumers following the health and wellness trend

CATEGORY DATA

Table 62 Sales of Sweet Spreads by Category: Volume 2014-2019
Table 63 Sales of Sweet Spreads by Category: Value 2014-2019
Table 64 Sales of Sweet Spreads by Category: % Volume Growth 2014-2019
Table 65 Sales of Sweet Spreads by Category: % Value Growth 2014-2019
Table 66 NBO Company Shares of Sweet Spreads: % Value 2015-2019
Table 67 LBN Brand Shares of Sweet Spreads: % Value 2016-2019
Table 68 Distribution of Sweet Spreads by Format: % Value 2014-2019
Table 69 Forecast Sales of Sweet Spreads by Category: Volume 2019-2024
Table 70 Forecast Sales of Sweet Spreads by Category: Value 2019-2024
Table 71 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2019-2024
Table 72 Forecast Sales of Sweet Spreads by Category: % Value Growth 2019-2024

Baked Goods in Bolivia

HEADLINES

PROSPECTS

Unpackaged leavened bread remains a favourite in Bolivia, aided by controlled price of flour

Sales of cakes benefit from the launch of chained cake shops

The health and wellness trend brings new offerings to baked goods

COMPETITIVE LANDSCAPE

Supermarkets and hypermarkets offer reasonable prices, but handmade offerings are still popular

Healthier options hit shelves as consumers demand beneficial qualities from food

Industrias Venado SA dominates dessert mixes with a high level of product innovation

CATEGORY DATA

Table 73 Sales of Baked Goods by Category: Volume 2014-2019
Table 74 Sales of Baked Goods by Category: Value 2014-2019
Table 75 Sales of Baked Goods by Category: % Volume Growth 2014-2019
Table 76 Sales of Baked Goods by Category: % Value Growth 2014-2019
Table 77 NBO Company Shares of Baked Goods: % Value 2015-2019
Table 78 LBN Brand Shares of Baked Goods: % Value 2016-2019
Table 79 Distribution of Baked Goods by Format: % Value 2014-2019
Table 80 Forecast Sales of Baked Goods by Category: Volume 2019-2024
Table 81 Forecast Sales of Baked Goods by Category: Value 2019-2024
Table 82 Forecast Sales of Baked Goods by Category: % Volume Growth 2019-2024
Table 83 Forecast Sales of Baked Goods by Category: % Value Growth 2019-2024

Breakfast Cereals in Bolivia

HEADLINES

PROSPECTS

As consumers remain price-conscious, smuggling negatively impacts sales of RTE cereals

Bolivians increase their consumption of healthy breakfast cereals

As the middle-class strengthens, sales of breakfast cereals rise

COMPETITIVE LANDSCAPE

Standard and economy brands led breakfast cereals due to ongoing price-sensitivity

Sociedad Industrial Molinera increases monthly production with the launch of its new factory

Alicorp SAA takes control of its distribution in Bolivia

CATEGORY DATA

Table 84 Sales of Breakfast Cereals by Category: Volume 2014-2019
Table 85 Sales of Breakfast Cereals by Category: Value 2014-2019
Table 86 Sales of Breakfast Cereals by Category: % Volume Growth 2014-2019
Table 87 Sales of Breakfast Cereals by Category: % Value Growth 2014-2019
Table 88 NBO Company Shares of Breakfast Cereals: % Value 2015-2019
Table 89 LBN Brand Shares of Breakfast Cereals: % Value 2016-2019
Table 90 Distribution of Breakfast Cereals by Format: % Value 2014-2019
Table 91 Forecast Sales of Breakfast Cereals by Category: Volume 2019-2024
Table 92 Forecast Sales of Breakfast Cereals by Category: Value 2019-2024
Table 93 Forecast Sales of Breakfast Cereals by Category: % Volume Growth 2019-2024
Table 94 Forecast Sales of Breakfast Cereals by Category: % Value Growth 2019-2024

Processed Fruit and Vegetables in Bolivia

HEADLINES

PROSPECTS

Established players keep costs low to prevent imported brands from gaining their consumers

Contraband products continue to be a threat in Bolivia

Fresh fruit and vegetables are a threat to frozen options, as consumers perceive them to be superior

COMPETITIVE LANDSCAPE

Cordill SA leads processed fruit and vegetables despite facing financial difficulties

Smaller manufacturers offer innovative products to appeal to middle and upper-class professionals

Arcor remains the biggest imported manufacturer, yet struggles for growth due to smuggled products

CATEGORY DATA

Table 95 Sales of Processed Fruit and Vegetables by Category: Volume 2014-2019
Table 96 Sales of Processed Fruit and Vegetables by Category: Value 2014-2019
Table 97 Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2014-2019
Table 98 Sales of Processed Fruit and Vegetables by Category: % Value Growth 2014-2019
Table 99 NBO Company Shares of Processed Fruit and Vegetables: % Value 2015-2019
Table 100 LBN Brand Shares of Processed Fruit and Vegetables: % Value 2016-2019
Table 101 Distribution of Processed Fruit and Vegetables by Format: % Value 2014-2019
Table 102 Forecast Sales of Processed Fruit and Vegetables by Category: Volume 2019-2024
Table 103 Forecast Sales of Processed Fruit and Vegetables by Category: Value 2019-2024
Table 104 Forecast Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2019-2024
Table 105 Forecast Sales of Processed Fruit and Vegetables by Category: % Value Growth 2019-2024

Processed Meat and Seafood in Bolivia

HEADLINES

PROSPECTS

Processed meat increases in availability, responding to consumer demand for quick and easy meals

Per capita consumption of poultry continues to increase due to the wide availability of products

Processed seafood sales are up as Bolivians’ awareness of cooking and preparing seafood increases

COMPETITIVE LANDSCAPE

Cordill SA faces financial difficulties, reducing production as a result

Van Camp’s uses social media to communicate the health benefits of its products

Granja Avícola Integral Sofía increases the number of its own stores to secure value growth

CATEGORY DATA

Table 106 Sales of Processed Meat and Seafood by Category: Volume 2014-2019
Table 107 Sales of Processed Meat and Seafood by Category: Value 2014-2019
Table 108 Sales of Processed Meat and Seafood by Category: % Volume Growth 2014-2019
Table 109 Sales of Processed Meat and Seafood by Category: % Value Growth 2014-2019
Table 110 NBO Company Shares of Processed Meat and Seafood: % Value 2015-2019
Table 111 LBN Brand Shares of Processed Meat and Seafood: % Value 2016-2019
Table 112 Distribution of Processed Meat and Seafood by Format: % Value 2014-2019
Table 113 Forecast Sales of Processed Meat and Seafood by Category: Volume 2019-2024
Table 114 Forecast Sales of Processed Meat and Seafood by Category: Value 2019-2024
Table 115 Forecast Sales of Processed Meat and Seafood by Category: % Volume Growth 2019-2024
Table 116 Forecast Sales of Processed Meat and Seafood by Category: % Value Growth 2019-2024

Rice, Pasta and Noodles in Bolivia

HEADLINES

PROSPECTS

As prices reduce, consumers buy pasta and rice more frequently

Smuggling continues to impact value sales of rice negatively

Instant noodles continue to be a favourite amongst Bolivian consumers

COMPETITIVE LANDSCAPE

Caisy continues to lead, with a robust distribution system and an extensive product portfolio

Local pasta players diverse offerings to appeal to health-conscious consumers

Maruchan continues to dominate noodles, but Ajinomen is working on brand awareness

CATEGORY DATA

Table 117 Sales of Rice, Pasta and Noodles by Category: Volume 2014-2019
Table 118 Sales of Rice, Pasta and Noodles by Category: Value 2014-2019
Table 119 Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2014-2019
Table 120 Sales of Rice, Pasta and Noodles by Category: % Value Growth 2014-2019
Table 121 NBO Company Shares of Rice, Pasta and Noodles: % Value 2015-2019
Table 122 LBN Brand Shares of Rice, Pasta and Noodles: % Value 2016-2019
Table 123 NBO Company Shares of Rice: % Value 2015-2019
Table 124 LBN Brand Shares of Rice: % Value 2016-2019
Table 125 NBO Company Shares of Pasta: % Value 2015-2019
Table 126 LBN Brand Shares of Pasta: % Value 2016-2019
Table 127 NBO Company Shares of Noodles: % Value 2015-2019
Table 128 LBN Brand Shares of Noodles: % Value 2016-2019
Table 129 Distribution of Rice, Pasta and Noodles by Format: % Value 2014-2019
Table 130 Distribution of Rice by Format: % Value 2014-2019
Table 131 Distribution of Pasta by Format: % Value 2014-2019
Table 132 Distribution of Noodles by Format: % Value 2014-2019
Table 133 Forecast Sales of Rice, Pasta and Noodles by Category: Volume 2019-2024
Table 134 Forecast Sales of Rice, Pasta and Noodles by Category: Value 2019-2024
Table 135 Forecast Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2019-2024
Table 136 Forecast Sales of Rice, Pasta and Noodles by Category: % Value Growth 2019-2024

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