Packaged Food in Uruguay

Packaged Food in Uruguay

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Certain packaged foods register value decline due to restrictions in foodservice
Home delivery does not compensate for loss of business in foodservice
Foodservice in hotels suffer largest value sales decline

Category Data

Table 1 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 2 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 3 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 4 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 5 Sales of Packaged Food by Category: Volume 2015-2020
Table 6 Sales of Packaged Food by Category: Value 2015-2020
Table 7 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 8 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 9 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 10 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 11 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 12 Penetration of Private Label by Category: % Value 2015-2020
Table 13 Distribution of Packaged Food by Format: % Value 2015-2020
Table 14 Distribution of Packaged Food by Format and Category: % Value 2020
Table 15 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 16 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 17 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 18 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

SOURCES

Summary 1 Research Sources

Edible Oils in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Increased cooking at home due to COVID-19 leads to volume growth

COUSA remains the clear leader thanks to wide range and consumer trust

Domestic olive oil gradually displacing imported brands

RECOVERY AND OPPORTUNITIES

Dampened retail volume growth in 2021 due to stockpiling in 2020

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

CATEGORY DATA

Ready Meals in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Frozen pizza suffers retail volume decline as consumers opt for home-made pizza

McCain’s frozen pizza brands, La Sibarita, suffers dramatic value decline as more pizza made at home

Frozen products lead value sales

RECOVERY AND OPPORTUNITIES

Ready meals dependent on economy recovering quickly from COVID-19

Players need to invest more in healthy options and marketing

Refrigerated delivery trucks drives current value growth in e-commerce

CATEGORY DATA

Sauces, Dressings and Condiments in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Home cooking trend boosts demand but not all products benefit

Unilever del Uruguay leads value sales thanks to strong table sauce sales

Mayonnaise remains most popular table sauce in Uruguay

RECOVERY AND OPPORTUNITIES

Dampened retail volume growth in 2021, due to degree of stockpiling in 2020

Manufacturers expected to increasingly focus on healthy options

CATEGORY DATA

Sweet Spreads in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Rising at-home consumption and stockpiling benefit sales

Local players continue to dominate thanks to innovating

Honey remains small, with the majority of local production exported

RECOVERY AND OPPORTUNITIES

Stockpiling leads to retail volume decline in 2021

Moderate growth, with a focus on healthier versions

Manufacturers of jams and preserves expand into other sweet spreads

CATEGORY DATA

Chocolate Confectionery in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Tablets drops in demand due to the pandemic and smaller quantity sizes

Leading companies focus primarily on innovation

Supermarkets and hypermarkets increase value share due to the pandemic

RECOVERY AND OPPORTUNITIES

Chocolate confectionery will make an immediate recovery from 2021

Postponed labelling system will discourage purchasing of chocolate confectionery

Concerns regarding health increase post pandemic

Summary 2 Other Chocolate Confectionery by Product Type: 2020

CATEGORY DATA

Table 19 Sales of Chocolate Confectionery by Category: Volume 2015-2020
Table 20 Sales of Chocolate Confectionery by Category: Value 2015-2020
Table 21 Sales of Chocolate Confectionery by Category: % Volume Growth 2015-2020
Table 22 Sales of Chocolate Confectionery by Category: % Value Growth 2015-2020
Table 23 Sales of Chocolate Tablets by Type: % Value 2015-2020
Table 24 NBO Company Shares of Chocolate Confectionery: % Value 2016-2020
Table 25 LBN Brand Shares of Chocolate Confectionery: % Value 2017-2020
Table 26 Distribution of Chocolate Confectionery by Format: % Value 2015-2020
Table 27 Forecast Sales of Chocolate Confectionery by Category: Volume 2020-2025
Table 28 Forecast Sales of Chocolate Confectionery by Category: Value 2020-2025
Table 29 Forecast Sales of Chocolate Confectionery by Category: % Volume Growth 2020-2025
Table 30 Forecast Sales of Chocolate Confectionery by Category: % Value Growth 2020-2025

Gum in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Chewing gum suffers from home seclusion

CAS remains leading player despite losing value shares

Bubble gum grows in demand due to children being at home

RECOVERY AND OPPORTUNITIES

Chewing gum will make an immediate recovery as lockdown eases

Consumption of gum will continue declining despite innovation

E-commerce threatens consumption of gum

CATEGORY DATA

Table 31 Sales of Gum by Category: Volume 2015-2020
Table 32 Sales of Gum by Category: Value 2015-2020
Table 33 Sales of Gum by Category: % Volume Growth 2015-2020
Table 34 Sales of Gum by Category: % Value Growth 2015-2020
Table 35 NBO Company Shares of Gum: % Value 2016-2020
Table 36 LBN Brand Shares of Gum: % Value 2017-2020
Table 37 Distribution of Gum by Format: % Value 2015-2020
Table 38 Forecast Sales of Gum by Category: Volume 2020-2025
Table 39 Forecast Sales of Gum by Category: Value 2020-2025
Table 40 Forecast Sales of Gum by Category: % Volume Growth 2020-2025
Table 41 Forecast Sales of Gum by Category: % Value Growth 2020-2025

Sugar Confectionery in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Sugar confectionery benefits in 2020 from increased snacking

Van Dam maintains lead with introduction of nougat

Uruguayans prefer to pay with card during the pandemic

RECOVERY AND OPPORTUNITIES

Sugar confectionery will be unfazed by the economical backlash of the pandemic

Private label will benefit from lack of loyalty

Unit prices will remain low in order to boost consumer demand

Summary 3 Other Sugar Confectionery by Product Type: 2020

CATEGORY DATA

Table 42 Sales of Sugar Confectionery by Category: Volume 2015-2020
Table 43 Sales of Sugar Confectionery by Category: Value 2015-2020
Table 44 Sales of Sugar Confectionery by Category: % Volume Growth 2015-2020
Table 45 Sales of Sugar Confectionery by Category: % Value Growth 2015-2020
Table 46 Sales of Pastilles, Gums, Jellies and Chews by Type: % Value 2015-2020
Table 47 NBO Company Shares of Sugar Confectionery: % Value 2016-2020
Table 48 LBN Brand Shares of Sugar Confectionery: % Value 2017-2020
Table 49 Distribution of Sugar Confectionery by Format: % Value 2015-2020
Table 50 Forecast Sales of Sugar Confectionery by Category: Volume 2020-2025
Table 51 Forecast Sales of Sugar Confectionery by Category: Value 2020-2025
Table 52 Forecast Sales of Sugar Confectionery by Category: % Volume Growth 2020-2025
Table 53 Forecast Sales of Sugar Confectionery by Category: % Value Growth 2020-2025

Sweet Biscuits, Snack Bars and Fruit Snacks in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Snack bars and fruit snacks benefit in 2020 from the pandemic whilst sweet biscuits suffers

Durulte continues to lead with its household classic brand Portezuelo

Supermarkets and hypermarkets benefit from frequent discounting

RECOVERY AND OPPORTUNITIES

Growth will slow as consumers snack less

Low priced brands will benefit from the economic recession

Innovations using cannabis to be expected over the forecast period

CATEGORY DATA

Table 54 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2015-2020
Table 55 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2015-2020
Table 56 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2015-2020
Table 57 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2015-2020
Table 58 NBO Company Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2016-2020
Table 59 LBN Brand Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2017-2020
Table 60 NBO Company Shares of Sweet Biscuits: % Value 2016-2020
Table 61 LBN Brand Shares of Sweet Biscuits: % Value 2017-2020
Table 62 NBO Company Shares of Snack Bars: % Value 2016-2020
Table 63 LBN Brand Shares of Snack Bars: % Value 2017-2020
Table 64 NBO Company Shares of Fruit Snacks: % Value 2016-2020
Table 65 LBN Brand Shares of Fruit Snacks: % Value 2017-2020
Table 66 Distribution of Sweet Biscuits, Snack Bars and Fruit Snacks by Format: % Value 2015-2020
Table 67 Distribution of Sweet Biscuits by Format: % Value 2015-2020
Table 68 Distribution of Snack Bars by Format: % Value 2015-2020
Table 69 Distribution of Fruit Snacks by Format: % Value 2015-2020
Table 70 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2020-2025
Table 71 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2020-2025
Table 72 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2020-2025
Table 73 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2020-2025

Ice Cream and Frozen Desserts in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Seasonality saves ice cream and desserts from devastation from the pandemic

Cooperative Nacional de Productores remains lead in 2020

Consumers avoid having to pay with cash out of fear or contracting the virus

RECOVERY AND OPPORTUNITIES

Ice cream will continue to perform well due to seasonality

Veganism to gather pace over the forecast period

Individualism trend will inspire innovation of packaging

CATEGORY DATA

Table 74 Sales of Ice Cream and Frozen Desserts by Category: Volume 2015-2020
Table 75 Sales of Ice Cream and Frozen Desserts by Category: Value 2015-2020
Table 76 Sales of Ice Cream and Frozen Desserts by Category: % Volume Growth 2015-2020
Table 77 Sales of Ice Cream and Frozen Desserts by Category: % Value Growth 2015-2020
Table 78 NBO Company Shares of Ice Cream and Frozen Desserts: % Value 2016-2020
Table 79 LBN Brand Shares of Ice Cream and Frozen Desserts: % Value 2017-2020
Table 80 NBO Company Shares of Ice Cream: % Value 2016-2020
Table 81 LBN Brand Shares of Ice Cream: % Value 2017-2020
Table 82 NBO Company Shares of Frozen Desserts: % Value 2016-2020
Table 83 LBN Brand Shares of Frozen Desserts: % Value 2017-2020
Table 84 Distribution of Ice Cream and Frozen Desserts by Format: % Value 2015-2020
Table 85 Distribution of Ice Cream by Format: % Value 2015-2020
Table 86 Distribution of Frozen Desserts by Format: % Value 2015-2020
Table 87 Forecast Sales of Ice Cream and Frozen Desserts by Category: Volume 2020-2025
Table 88 Forecast Sales of Ice Cream and Frozen Desserts by Category: Value 2020-2025
Table 89 Forecast Sales of Ice Cream and Frozen Desserts by Category: % Volume Growth 2020-2025
Table 90 Forecast Sales of Ice Cream and Frozen Desserts by Category: % Value Growth 2020-2025

Savoury Snacks in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Savoury snack suffers in 2020 due to high salt content

Papas Chips remains leading player in 2020

Card payments preferred by consumers during the pandemic

RECOVERY AND OPPORTUNITIES

Salty snacks will stagnate in response to the health and wellness trend

Health and wellness will be beneficial for vegetable, pulse and bread chips

Labelling system will cause savoury snacks to suffer

CATEGORY DATA

Table 91 Sales of Savoury Snacks by Category: Volume 2015-2020
Table 92 Sales of Savoury Snacks by Category: Value 2015-2020
Table 93 Sales of Savoury Snacks by Category: % Volume Growth 2015-2020
Table 94 Sales of Savoury Snacks by Category: % Value Growth 2015-2020
Table 95 NBO Company Shares of Savoury Snacks: % Value 2016-2020
Table 96 LBN Brand Shares of Savoury Snacks: % Value 2017-2020
Table 97 Distribution of Savoury Snacks by Format: % Value 2015-2020
Table 98 Forecast Sales of Savoury Snacks by Category: Volume 2020-2025
Table 99 Forecast Sales of Savoury Snacks by Category: Value 2020-2025
Table 100 Forecast Sales of Savoury Snacks by Category: % Volume Growth 2020-2025
Table 101 Forecast Sales of Savoury Snacks by Category: % Value Growth 2020-2025

Baby Food in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Consumers favour powder milk formula during financial hardship

Uruguayans prefer international players as they believe it guarantees high quality products

E-commerce gathers pace as consumers limit possible contact with the virus

RECOVERY AND OPPORTUNITIES

Breastfeeding will continue to hamper the sales of baby food during economic unrest

Prepared baby food will continue underperforming post pandemic as parents want guaranteed freshness

Little innovation for baby food expected over the forecast period as companies see it pointless to invest

CATEGORY DATA

Table 102 Sales of Baby Food by Category: Volume 2015-2020
Table 103 Sales of Baby Food by Category: Value 2015-2020
Table 104 Sales of Baby Food by Category: % Volume Growth 2015-2020
Table 105 Sales of Baby Food by Category: % Value Growth 2015-2020
Table 106 NBO Company Shares of Baby Food: % Value 2016-2020
Table 107 LBN Brand Shares of Baby Food: % Value 2017-2020
Table 108 Distribution of Baby Food by Format: % Value 2015-2020
Table 109 Forecast Sales of Baby Food by Category: Volume 2020-2025
Table 110 Forecast Sales of Baby Food by Category: Value 2020-2025
Table 111 Forecast Sales of Baby Food by Category: % Volume Growth 2020-2025
Table 112 Forecast Sales of Baby Food by Category: % Value Growth 2020-2025

Butter and Spreads in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Increased cooking and baking benefits sales of butter and spreads during confinement

Cooperativa Nacional de Productores de Leche dominates butter in 2020 with its strong presence

E-commerce gathers pace amidst purchasing power is decreased by the pandemic

RECOVERY AND OPPORTUNITIES

Post-quarantine economic crisis will impact the sales of butter and spreads

Margarine and spreads will be favoured over butter by cash-strapped consumers

Cooking fats will continue to be unpopular in Uruguay

CATEGORY DATA

Table 113 Sales of Butter and Spreads by Category: Volume 2015-2020
Table 114 Sales of Butter and Spreads by Category: Value 2015-2020
Table 115 Sales of Butter and Spreads by Category: % Volume Growth 2015-2020
Table 116 Sales of Butter and Spreads by Category: % Value Growth 2015-2020
Table 117 NBO Company Shares of Butter and Spreads: % Value 2016-2020
Table 118 LBN Brand Shares of Butter and Spreads: % Value 2017-2020
Table 119 Distribution of Butter and Spreads by Format: % Value 2015-2020
Table 120 Forecast Sales of Butter and Spreads by Category: Volume 2020-2025
Table 121 Forecast Sales of Butter and Spreads by Category: Value 2020-2025
Table 122 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2020-2025
Table 123 Forecast Sales of Butter and Spreads by Category: % Value Growth 2020-2025

Cheese in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Soft cheese benefits from many consumers spending extended periods at home

Domestic player Pili in financial difficulties

Inflated prices lead to lower demand amidst the COVID-19 pandemic

RECOVERY AND OPPORTUNITIES

Demand for cheese will continue to suffer as a result of the complex economy post-quarantine

Healthy attributes of spreadable processed cheese will not be enough to counteract the complex economic backdrop

Cheese will be largely unimpacted by the pandemic over the forecast period as a whole, as it is a staple food product

CATEGORY DATA

Table 124 Sales of Cheese by Category: Volume 2015-2020
Table 125 Sales of Cheese by Category: Value 2015-2020
Table 126 Sales of Cheese by Category: % Volume Growth 2015-2020
Table 127 Sales of Cheese by Category: % Value Growth 2015-2020
Table 128 Sales of Spreadable Processed Cheese by Type: % Value 2015-2020
Table 129 NBO Company Shares of Cheese: % Value 2016-2020
Table 130 LBN Brand Shares of Cheese: % Value 2017-2020
Table 131 Distribution of Cheese by Format: % Value 2015-2020
Table 132 Forecast Sales of Cheese by Category: Volume 2020-2025
Table 133 Forecast Sales of Cheese by Category: Value 2020-2025
Table 134 Forecast Sales of Cheese by Category: % Volume Growth 2020-2025
Table 135 Forecast Sales of Cheese by Category: % Value Growth 2020-2025

Drinking Milk Products in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Shelf stable milk benefits from the stockpiling trend in March

Cooperativa Nacional de Productores de Leche continues dominating drinking milk due to its long standing presence

Economising becomes the most important factor shaping consumers’ shopping habits during the pandemic

RECOVERY AND OPPORTUNITIES

Flavoured milk drinks will recover immediately as consumers return to buying non-essential products

Milk alternatives will benefit from the growing health and wellness trend post pandemic

Full fat variants is expected to remain the most popular despite growing health concerns

CATEGORY DATA

Table 136 Sales of Drinking Milk Products by Category: Volume 2015-2020
Table 137 Sales of Drinking Milk Products by Category: Value 2015-2020
Table 138 Sales of Drinking Milk Products by Category: % Volume Growth 2015-2020
Table 139 Sales of Drinking Milk Products by Category: % Value Growth 2015-2020
Table 140 NBO Company Shares of Drinking Milk Products: % Value 2016-2020
Table 141 LBN Brand Shares of Drinking Milk Products: % Value 2017-2020
Table 142 Distribution of Drinking Milk Products by Format: % Value 2015-2020
Table 143 Forecast Sales of Drinking Milk Products Products by Category: Volume 2020-2025
Table 144 Forecast Sales of Drinking Milk Products Products by Category: Value 2020-2025
Table 145 Forecast Sales of Drinking Milk Products Products by Category: % Volume Growth 2020-2025
Table 146 Forecast Sales of Drinking Milk Products Products by Category: % Value Growth 2020-2025

Yoghurt and Sour Milk Products in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Plain yoghurt benefits from its healthy image during the pandemic

Groupe Danone expands its domestic production in order to export and meet international standards

Manufacturers prioritise high selling products admits the pandemic in a bid to continue generating money

RECOVERY AND OPPORTUNITIES

Yoghurt and sour milk products will perform well over the forecast period due to associated health benefits

New health warning labels to be introduced

Sour milk products not popular in Uruguay and is unlikely to make an impact

CATEGORY DATA

Table 147 Sales of Yoghurt and Sour Milk Products by Category: Volume 2015-2020
Table 148 Sales of Yoghurt and Sour Milk Products by Category: Value 2015-2020
Table 149 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2015-2020
Table 150 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2015-2020
Table 151 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2016-2020
Table 152 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2017-2020
Table 153 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2015-2020
Table 154 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2020-2025
Table 155 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2020-2025
Table 156 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2020-2025
Table 157 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2020-2025

Other Dairy in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Cooking and baking trend benefits cream and condensed milk during home seclusion

Cooperativa Nacional de Productores de Leche continues to lead other dairy due to constant innovation

Chilled and shelf stable desserts suffers due to its unessential nature

RECOVERY AND OPPORTUNITIES

Coffee whiteners will underperform due to the growing health and wellness trend

Fromage frais and quark is not expected to become popular in Uruguay

Inflated prices will impact consumer shopping habits over the forecast period

CATEGORY DATA

Table 158 Sales of Other Dairy by Category: Volume 2015-2020
Table 159 Sales of Other Dairy by Category: Value 2015-2020
Table 160 Sales of Other Dairy by Category: % Volume Growth 2015-2020
Table 161 Sales of Other Dairy by Category: % Value Growth 2015-2020
Table 162 NBO Company Shares of Other Dairy: % Value 2016-2020
Table 163 LBN Brand Shares of Other Dairy: % Value 2017-2020
Table 164 Distribution of Other Dairy by Format: % Value 2015-2020
Table 165 Forecast Sales of Other Dairy by Category: Volume 2020-2025
Table 166 Forecast Sales of Other Dairy by Category: Value 2020-2025
Table 167 Forecast Sales of Other Dairy by Category: % Volume Growth 2020-2025
Table 168 Forecast Sales of Other Dairy by Category: % Value Growth 2020-2025

Baked Goods in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Government makes agreement with retailers and manufacturers to prevent price increases

Artisanal bakeries dominate in very fragmented product area

Unpackaged leavened bread continues to dominate baked goods

RECOVERY AND OPPORTUNITIES

As long as economy recovers from COVID-19, volume growth expected over forecast period

Healthier options begin to make their mark

Smaller products areas such as flat bread will drive value growth over the forecast period

CATEGORY DATA

Table 169 Sales of Baked Goods by Category: Volume 2015-2020
Table 170 Sales of Baked Goods by Category: Value 2015-2020
Table 171 Sales of Baked Goods by Category: % Volume Growth 2015-2020
Table 172 Sales of Baked Goods by Category: % Value Growth 2015-2020
Table 173 NBO Company Shares of Baked Goods: % Value 2016-2020
Table 174 LBN Brand Shares of Baked Goods: % Value 2017-2020
Table 175 Distribution of Baked Goods by Format: % Value 2015-2020
Table 176 Forecast Sales of Baked Goods by Category: Volume 2020-2025
Table 177 Forecast Sales of Baked Goods by Category: Value 2020-2025
Table 178 Forecast Sales of Baked Goods by Category: % Volume Growth 2020-2025
Table 179 Forecast Sales of Baked Goods by Category: % Value Growth 2020-2025

Breakfast Cereals in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Breakfast cereals benefits from COVID-19, with people having more time to eat breakfast due to spending more time at home

Nestlé del Uruguay continues to lead breakfast cereals

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

RECOVERY AND OPPORTUNITIES

Once threat of COVID-19 subsides, current value growth will reduce

Supermarkets remains the most popular channel for breakfast cereals

Uruguayans increasingly skip breakfast, limiting growth of breakfast cereals

CATEGORY DATA

Table 180 Sales of Breakfast Cereals by Category: Volume 2015-2020
Table 181 Sales of Breakfast Cereals by Category: Value 2015-2020
Table 182 Sales of Breakfast Cereals by Category: % Volume Growth 2015-2020
Table 183 Sales of Breakfast Cereals by Category: % Value Growth 2015-2020
Table 184 NBO Company Shares of Breakfast Cereals: % Value 2016-2020
Table 185 LBN Brand Shares of Breakfast Cereals: % Value 2017-2020
Table 186 Distribution of Breakfast Cereals by Format: % Value 2015-2020
Table 187 Forecast Sales of Breakfast Cereals by Category: Volume 2020-2025
Table 188 Forecast Sales of Breakfast Cereals by Category: Value 2020-2025
Table 189 Forecast Sales of Breakfast Cereals by Category: % Volume Growth 2020-2025
Table 190 Forecast Sales of Breakfast Cereals by Category: % Value Growth 2020-2025

Processed Meat and Seafood in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Steep price rises stifle retail volume growth for some products

Sadia Uruguay maintains its leading share thanks to wide range and distribution presence

Growth to slow over forecast period as the health trend intensifies

RECOVERY AND OPPORTUNITIES

Volume growth dampened by unhealthy perception

Meat substitutes will continue register healthy value growth over forecast period

Refrigerated delivery trucks drives value growth in e-commerce

CATEGORY DATA

Table 191 Sales of Processed Meat and Seafood by Category: Volume 2015-2020
Table 192 Sales of Processed Meat and Seafood by Category: Value 2015-2020
Table 193 Sales of Processed Meat and Seafood by Category: % Volume Growth 2015-2020
Table 194 Sales of Processed Meat and Seafood by Category: % Value Growth 2015-2020
Table 195 NBO Company Shares of Processed Meat and Seafood: % Value 2016-2020
Table 196 LBN Brand Shares of Processed Meat and Seafood: % Value 2017-2020
Table 197 Distribution of Processed Meat and Seafood by Format: % Value 2015-2020
Table 198 Forecast Sales of Processed Meat and Seafood by Category: Volume 2020-2025
Table 199 Forecast Sales of Processed Meat and Seafood by Category: Value 2020-2025
Table 200 Forecast Sales of Processed Meat and Seafood by Category: % Volume Growth 2020-2025
Table 201 Forecast Sales of Processed Meat and Seafood by Category: % Value Growth 2020-2025

Processed Fruit and Vegetables in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Bumper year for shelf stable products as consumers stockpile

Graba affected by temporary drop in volume sales of frozen goods

Supermarkets extends lead thanks to large freezer display area, wide range and attractive prices

RECOVERY AND OPPORTUNITIES

Moderate retail volume growth over forecast period as sales normalise post-pandemic

Frozen processed vegetables to outperform shelf stable varieties over forecast period due to widening range

Private label to gain value share due to offering good quality and low prices

CATEGORY DATA

Table 202 Sales of Processed Fruit and Vegetables by Category: Volume 2015-2020
Table 203 Sales of Processed Fruit and Vegetables by Category: Value 2015-2020
Table 204 Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2015-2020
Table 205 Sales of Processed Fruit and Vegetables by Category: % Value Growth 2015-2020
Table 206 NBO Company Shares of Processed Fruit and Vegetables: % Value 2016-2020
Table 207 LBN Brand Shares of Processed Fruit and Vegetables: % Value 2017-2020
Table 208 Distribution of Processed Fruit and Vegetables by Format: % Value 2015-2020
Table 209 Forecast Sales of Processed Fruit and Vegetables by Category: Volume 2020-2025
Table 210 Forecast Sales of Processed Fruit and Vegetables by Category: Value 2020-2025
Table 211 Forecast Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2020-2025
Table 212 Forecast Sales of Processed Fruit and Vegetables by Category: % Value Growth 2020-2025

Rice, Pasta and Noodles in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Staple pasta and rice benefit from stockpiling and home cooking trends

Domestic companies lead

Wide variety of small pasta producers

RECOVERY AND OPPORTUNITIES

Stockpiling in 2020 will dampen retail volume growth in 2021

Manufacturers to launch healthier versions

Private label gains value share over the forecast period

CATEGORY DATA

Table 213 Sales of Rice, Pasta and Noodles by Category: Volume 2015-2020
Table 214 Sales of Rice, Pasta and Noodles by Category: Value 2015-2020
Table 215 Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2015-2020
Table 216 Sales of Rice, Pasta and Noodles by Category: % Value Growth 2015-2020
Table 217 NBO Company Shares of Rice, Pasta and Noodles: % Value 2016-2020
Table 218 LBN Brand Shares of Rice, Pasta and Noodles: % Value 2017-2020
Table 219 NBO Company Shares of Rice: % Value 2016-2020
Table 220 LBN Brand Shares of Rice: % Value 2017-2020
Table 221 NBO Company Shares of Pasta: % Value 2016-2020
Table 222 LBN Brand Shares of Pasta: % Value 2017-2020
Table 223 Distribution of Rice, Pasta and Noodles by Format: % Value 2015-2020
Table 224 Distribution of Rice by Format: % Value 2015-2020
Table 225 Distribution of Pasta by Format: % Value 2015-2020
Table 226 Forecast Sales of Rice, Pasta and Noodles by Category: Volume 2020-2025
Table 227 Forecast Sales of Rice, Pasta and Noodles by Category: Value 2020-2025
Table 228 Forecast Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2020-2025
Table 229 Forecast Sales of Rice, Pasta and Noodles by Category: % Value Growth 2020-2025

Edible Oils in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Increased cooking at home due to COVID-19 leads to volume growth

COUSA remains the clear leader thanks to wide range and consumer trust

Domestic olive oil gradually displacing imported brands

RECOVERY AND OPPORTUNITIES

Dampened retail volume growth in 2021 due to stockpiling in 2020

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

Low prices key to maintaining demand

CATEGORY DATA

Table 230 Sales of Edible Oils by Category: Volume 2015-2020
Table 231 Sales of Edible Oils by Category: Value 2015-2020
Table 232 Sales of Edible Oils by Category: % Volume Growth 2015-2020
Table 233 Sales of Edible Oils by Category: % Value Growth 2015-2020
Table 234 NBO Company Shares of Edible Oils: % Value 2016-2020
Table 235 LBN Brand Shares of Edible Oils: % Value 2017-2020
Table 236 Distribution of Edible Oils by Format: % Value 2015-2020
Table 237 Forecast Sales of Edible Oils by Category: Volume 2020-2025
Table 238 Forecast Sales of Edible Oils by Category: Value 2020-2025
Table 239 Forecast Sales of Edible Oils by Category: % Volume Growth 2020-2025
Table 240 Forecast Sales of Edible Oils by Category: % Value Growth 2020-2025

Ready Meals in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Frozen pizza suffers retail volume decline as consumers opt for home-made pizza

McCain’s frozen pizza brands, La Sibarita, suffers dramatic value decline as more pizza made at home

Frozen products lead value sales

RECOVERY AND OPPORTUNITIES

Ready meals dependent on economy recovering quickly from COVID-19

Players need to invest more in healthy options and marketing

Refrigerated delivery trucks drives current value growth in e-commerce

CATEGORY DATA

Table 241 Sales of Ready Meals by Category: Volume 2015-2020
Table 242 Sales of Ready Meals by Category: Value 2015-2020
Table 243 Sales of Ready Meals by Category: % Volume Growth 2015-2020
Table 244 Sales of Ready Meals by Category: % Value Growth 2015-2020
Table 245 NBO Company Shares of Ready Meals: % Value 2016-2020
Table 246 LBN Brand Shares of Ready Meals: % Value 2017-2020
Table 247 Distribution of Ready Meals by Format: % Value 2015-2020
Table 248 Forecast Sales of Ready Meals by Category: Volume 2020-2025
Table 249 Forecast Sales of Ready Meals by Category: Value 2020-2025
Table 250 Forecast Sales of Ready Meals by Category: % Volume Growth 2020-2025
Table 251 Forecast Sales of Ready Meals by Category: % Value Growth 2020-2025

Sauces, Dressings and Condiments in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Home cooking trend boosts demand but not all products benefit

Unilever del Uruguay leads value sales thanks to strong table sauce sales

Mayonnaise remains most popular table sauce in Uruguay

RECOVERY AND OPPORTUNITIES

Dampened retail volume growth in 2021, due to degree of stockpiling in 2020

Manufacturers expected to increasingly focus on healthy options

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

CATEGORY DATA

Table 252 Sales of Sauces, Dressings and Condiments by Category: Volume 2015-2020
Table 253 Sales of Sauces, Dressings and Condiments by Category: Value 2015-2020
Table 254 Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2015-2020
Table 255 Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2015-2020
Table 256 NBO Company Shares of Sauces, Dressings and Condiments: % Value 2016-2020
Table 257 LBN Brand Shares of Sauces, Dressings and Condiments: % Value 2017-2020
Table 258 Distribution of Sauces, Dressings and Condiments by Format: % Value 2015-2020
Table 259 Forecast Sales of Sauces, Dressings and Condiments by Category: Volume 2020-2025
Table 260 Forecast Sales of Sauces, Dressings and Condiments by Category: Value 2020-2025
Table 261 Forecast Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2020-2025
Table 262 Forecast Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2020-2025

Sweet Spreads in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Rising at-home consumption and stockpiling benefit sales

Local players continue to dominate thanks to innovating

Honey remains small, with the majority of local production exported

RECOVERY AND OPPORTUNITIES

Stockpiling leads to retail volume decline in 2021

Moderate growth, with a focus on healthier versions

Manufacturers of jams and preserves expand into other sweet spreads

CATEGORY DATA

Table 263 Sales of Sweet Spreads by Category: Volume 2015-2020
Table 264 Sales of Sweet Spreads by Category: Value 2015-2020
Table 265 Sales of Sweet Spreads by Category: % Volume Growth 2015-2020
Table 266 Sales of Sweet Spreads by Category: % Value Growth 2015-2020
Table 267 NBO Company Shares of Sweet Spreads: % Value 2016-2020
Table 268 LBN Brand Shares of Sweet Spreads: % Value 2017-2020
Table 269 Distribution of Sweet Spreads by Format: % Value 2015-2020
Table 270 Forecast Sales of Sweet Spreads by Category: Volume 2020-2025
Table 271 Forecast Sales of Sweet Spreads by Category: Value 2020-2025
Table 272 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2020-2025
Table 273 Forecast Sales of Sweet Spreads by Category: % Value Growth 2020-2025

Soup in Uruguay

KEY DATA FINDINGS

2020 IMPACT

Price discounts leads to increase in retail volume sales in 2020

Unilever del Uruguay maintains its lead due to strength of Knorr and innovation

Competition varies between different type of soups

RECOVERY AND OPPORTUNITIES

Moderate growth expected once threat of COVID-19 passes

Healthier positioning will drive value growth over the forecast period

Climate change negatively affects soup sales and may impact product development

CATEGORY DATA

Table 274 Sales of Soup by Category: Volume 2015-2020
Table 275 Sales of Soup by Category: Value 2015-2020
Table 276 Sales of Soup by Category: % Volume Growth 2015-2020
Table 277 Sales of Soup by Category: % Value Growth 2015-2020
Table 278 NBO Company Shares of Soup: % Value 2016-2020
Table 279 LBN Brand Shares of Soup: % Value 2017-2020
Table 280 Distribution of Soup by Format: % Value 2015-2020
Table 281 Forecast Sales of Soup by Category: Volume 2020-2025
Table 282 Forecast Sales of Soup by Category: Value 2020-2025
Table 283 Forecast Sales of Soup by Category: % Volume Growth 2020-2025
Table 284 Forecast Sales of Soup by Category: % Value Growth 2020-2025

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