Packaged Food in Uruguay

Packaged Food in Uruguay

EXECUTIVE SUMMARY

Consumption of packaged food continues to decline

Consumers increasingly looking for healthier products

Cooperativa Nacional de Productores de Leche remains the leader in 2019

Modern grocery retailers gain share in packaged food in 2019

A return to low retail volume growth expected over the forecast period

FOODSERVICE

Sales to Foodservice

Significant declines in inbound tourism lead to lower sales to foodservice outlets
Healthier foodservice options becoming increasingly available
Consumers increasingly buying packaged food online

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 Uruguay

HEADLINES

PROSPECTS

Soy and sunflower oil remain the preferred options for consumers

Olive oil set to record the strongest retail volume growth despite its high prices

Low prices key to maintaining demand

COMPETITIVE LANDSCAPE

COUSA remains the clear leader

Domestic olive oil gradually displacing imported brands

Leading player faces limited competition

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 Uruguay

HEADLINES

PROSPECTS

Ready meals an expensive luxury for many given the economic crisis

Ready meals to remain a niche due to high prices and a poor reputation

Frozen products lead value sales

COMPETITIVE LANDSCAPE

McCain Uruguay continues to lead ready meals

Frigorifico Tacuarembo strengthens its position in second place

Players expected to invest more in healthy options and marketing

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 LBN Brand Shares of Ready Meals: % Value 2016-2019
Table 36 Distribution of Ready Meals by Format: % Value 2014-2019
Table 37 Forecast Sales of Ready Meals by Category: Volume 2019-2024
Table 38 Forecast Sales of Ready Meals by Category: Value 2019-2024
Table 39 Forecast Sales of Ready Meals by Category: % Volume Growth 2019-2024
Table 40 Forecast Sales of Ready Meals by Category: % Value Growth 2019-2024

Sauces, Dressings and Condiments in Uruguay

HEADLINES

PROSPECTS

Mayonnaise remains most popular table sauce in Uruguay

Stock cubes and powders recovers from the decline in 2018

Tomato pastes and purées the most popular due to the wide variety of uses in Uruguayan cuisine

COMPETITIVE LANDSCAPE

Unilever del Uruguay leads sales thanks to strong table sauce sales

Competition remains intense

Manufacturers expected to increasingly focus on healthy options

CATEGORY DATA

Table 41 Sales of Sauces, Dressings and Condiments by Category: Volume 2014-2019
Table 42 Sales of Sauces, Dressings and Condiments by Category: Value 2014-2019
Table 43 Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2014-2019
Table 44 Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2014-2019
Table 45 NBO Company Shares of Sauces, Dressings and Condiments: % Value 2015-2019
Table 46 LBN Brand Shares of Sauces, Dressings and Condiments: % Value 2016-2019
Table 47 Distribution of Sauces, Dressings and Condiments by Format: % Value 2014-2019
Table 48 Forecast Sales of Sauces, Dressings and Condiments by Category: Volume 2019-2024
Table 49 Forecast Sales of Sauces, Dressings and Condiments by Category: Value 2019-2024
Table 50 Forecast Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2019-2024
Table 51 Forecast Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2019-2024

Soup in Uruguay

HEADLINES

PROSPECTS

Third consecutive year of declining consumption, with consumers turning increasingly to home-made soup

High prices restrict sales and innovation

Climate change negatively affects soup sales and may impact product development

COMPETITIVE LANDSCAPE

Unilever del Uruguay maintains its lead

Luis G Bonomi & Cía strengthens its share

Competition varies between the categories

CATEGORY DATA

Table 52 Sales of Soup by Category: Volume 2014-2019
Table 53 Sales of Soup by Category: Value 2014-2019
Table 54 Sales of Soup by Category: % Volume Growth 2014-2019
Table 55 Sales of Soup by Category: % Value Growth 2014-2019
Table 56 NBO Company Shares of Soup: % Value 2015-2019
Table 57 LBN Brand Shares of Soup: % Value 2016-2019
Table 58 Distribution of Soup by Format: % Value 2014-2019
Table 59 Forecast Sales of Soup by Category: Volume 2019-2024
Table 60 Forecast Sales of Soup by Category: Value 2019-2024
Table 61 Forecast Sales of Soup by Category: % Volume Growth 2019-2024
Table 62 Forecast Sales of Soup by Category: % Value Growth 2019-2024

Sweet Spreads in Uruguay

HEADLINES

PROSPECTS

Sweet spreads suffers from declining demand for jams and preserves

Honey remains a small category, with the majority of local production exported

Demand to increase, with a focus on healthier versions

COMPETITIVE LANDSCAPE

Los Nietitos continues to lead sweet spreads

Competition remains limited

Manufacturers of jams and preserves expand into other sweet spreads

CATEGORY DATA

Table 63 Sales of Sweet Spreads by Category: Volume 2014-2019
Table 64 Sales of Sweet Spreads by Category: Value 2014-2019
Table 65 Sales of Sweet Spreads by Category: % Volume Growth 2014-2019
Table 66 Sales of Sweet Spreads by Category: % Value Growth 2014-2019
Table 67 NBO Company Shares of Sweet Spreads: % Value 2015-2019
Table 68 LBN Brand Shares of Sweet Spreads: % Value 2016-2019
Table 69 Distribution of Sweet Spreads by Format: % Value 2014-2019
Table 70 Forecast Sales of Sweet Spreads by Category: Volume 2019-2024
Table 71 Forecast Sales of Sweet Spreads by Category: Value 2019-2024
Table 72 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2019-2024
Table 73 Forecast Sales of Sweet Spreads by Category: % Value Growth 2019-2024

Baked Goods in Uruguay

HEADLINES

PROSPECTS

Unpackaged leavened bread continues to dominate baked goods

Healthier options begin to make their mark

Opportunities in smaller categories

COMPETITIVE LANDSCAPE

Artisanal bakeries continue to lead

Players respond to the health trend

Panificadora Bimbo del Uruguay extends its share as the leading branded player

CATEGORY DATA

Table 74 Sales of Baked Goods by Category: Volume 2014-2019
Table 75 Sales of Baked Goods by Category: Value 2014-2019
Table 76 Sales of Baked Goods by Category: % Volume Growth 2014-2019
Table 77 Sales of Baked Goods by Category: % Value Growth 2014-2019
Table 78 NBO Company Shares of Baked Goods: % Value 2015-2019
Table 79 LBN Brand Shares of Baked Goods: % Value 2016-2019
Table 80 Distribution of Baked Goods by Format: % Value 2014-2019
Table 81 Forecast Sales of Baked Goods by Category: Volume 2019-2024
Table 82 Forecast Sales of Baked Goods by Category: Value 2019-2024
Table 83 Forecast Sales of Baked Goods by Category: % Volume Growth 2019-2024
Table 84 Forecast Sales of Baked Goods by Category: % Value Growth 2019-2024

Breakfast Cereals in Uruguay

HEADLINES

PROSPECTS

Consumption of breakfast cereals to recover somewhat after a weak close to the review period

Muesli and granola continues to emerge, supported by the health trend

Uruguayans increasingly skip breakfast, limiting growth of breakfast cereals

COMPETITIVE LANDSCAPE

Nestlé del Uruguay continues to lead breakfast cereals

Silcom strengthens its position in second place

Supermarkets remains the most popular channel for breakfast cereals

CATEGORY DATA

Table 85 Sales of Breakfast Cereals by Category: Volume 2014-2019
Table 86 Sales of Breakfast Cereals by Category: Value 2014-2019
Table 87 Sales of Breakfast Cereals by Category: % Volume Growth 2014-2019
Table 88 Sales of Breakfast Cereals by Category: % Value Growth 2014-2019
Table 89 NBO Company Shares of Breakfast Cereals: % Value 2015-2019
Table 90 LBN Brand Shares of Breakfast Cereals: % Value 2016-2019
Table 91 Distribution of Breakfast Cereals by Format: % Value 2014-2019
Table 92 Forecast Sales of Breakfast Cereals by Category: Volume 2019-2024
Table 93 Forecast Sales of Breakfast Cereals by Category: Value 2019-2024
Table 94 Forecast Sales of Breakfast Cereals by Category: % Volume Growth 2019-2024
Table 95 Forecast Sales of Breakfast Cereals by Category: % Value Growth 2019-2024

Processed Fruit and Vegetables in Uruguay

HEADLINES

PROSPECTS

Frozen fruit remains negligible

Frozen processed vegetables to continue to outperform shelf stable varieties

Limited number of brands and concerns around quality limit sales of shelf stable tomatoes

COMPETITIVE LANDSCAPE

The growing popularity of frozen processed vegetables benefits the leader

Cooperativa Nacional de Productores de Leche enjoys the strongest performance over the review period

Supermarkets extends its lead

CATEGORY DATA

Table 96 Sales of Processed Fruit and Vegetables by Category: Volume 2014-2019
Table 97 Sales of Processed Fruit and Vegetables by Category: Value 2014-2019
Table 98 Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2014-2019
Table 99 Sales of Processed Fruit and Vegetables by Category: % Value Growth 2014-2019
Table 100 NBO Company Shares of Processed Fruit and Vegetables: % Value 2015-2019
Table 101 LBN Brand Shares of Processed Fruit and Vegetables: % Value 2016-2019
Table 102 Distribution of Processed Fruit and Vegetables by Format: % Value 2014-2019
Table 103 Forecast Sales of Processed Fruit and Vegetables by Category: Volume 2019-2024
Table 104 Forecast Sales of Processed Fruit and Vegetables by Category: Value 2019-2024
Table 105 Forecast Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2019-2024
Table 106 Forecast Sales of Processed Fruit and Vegetables by Category: % Value Growth 2019-2024

Processed Meat and Seafood in Uruguay

HEADLINES

PROSPECTS

Frozen processed poultry to perform well over the forecast period due to its reputation as a healthy protein

Growth to slow over the forecast period as the health trend intensifies

Frozen meat substitutes begins to emerge as a niche

COMPETITIVE LANDSCAPE

Sadia Uruguay strengthens its leading share

Health trend influences product innovation

Supermarkets extends its share

CATEGORY DATA

Table 107 Sales of Processed Meat and Seafood by Category: Volume 2014-2019
Table 108 Sales of Processed Meat and Seafood by Category: Value 2014-2019
Table 109 Sales of Processed Meat and Seafood by Category: % Volume Growth 2014-2019
Table 110 Sales of Processed Meat and Seafood by Category: % Value Growth 2014-2019
Table 111 NBO Company Shares of Processed Meat and Seafood: % Value 2015-2019
Table 112 LBN Brand Shares of Processed Meat and Seafood: % Value 2016-2019
Table 113 Distribution of Processed Meat and Seafood by Format: % Value 2014-2019
Table 114 Forecast Sales of Processed Meat and Seafood by Category: Volume 2019-2024
Table 115 Forecast Sales of Processed Meat and Seafood by Category: Value 2019-2024
Table 116 Forecast Sales of Processed Meat and Seafood by Category: % Volume Growth 2019-2024
Table 117 Forecast Sales of Processed Meat and Seafood by Category: % Value Growth 2019-2024

Rice, Pasta and Noodles in Uruguay

HEADLINES

PROSPECTS

Rice consumption increases due to its affordable prices during the economic downturn

Rice registers the lowest retail value growth due to low price increases

Manufacturers expected to launch healthier versions to take advantage of the health trend

COMPETITIVE LANDSCAPE

Domestic companies lead

Wide variety of small pasta producers

Rice is a duopoly

CATEGORY DATA

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

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