Soup in Venezuela

November 2018
USD 990
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Overview:

Understand the latest market trends and future growth opportunities for the Soup industry in Venezuela with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the Soup industry in Venezuela, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Soup in Venezuela report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Soup in Venezuela?
  • Which are the leading brands in Soup in Venezuela?
  • How are products distributed in Soup in Venezuela?
  • How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
  • What are the key health and wellness concerns driving, or challenging, sales in Soup?
  • How significant are vegan and vegetarian dietary requirements in determining sales growth in Venezuela?
  • How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
  • Where is future growth expected to be most dynamic?
  • How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?

Soup in Venezuela - Category analysis

HEADLINES

PROSPECTS

Volume decline slows in 2018
Dehydrated soup remains an affordable product
Input substitution continues to guarantee product presence

COMPETITIVE LANDSCAPE

Maggi remains the leading soup brand in Venezuela
Domestic company continues to strengthen its presence

CATEGORY DATA

Table 1 Sales of Soup by Category: Volume 2013-2018 Table 2 Sales of Soup by Category: Value 2013-2018 Table 3 Sales of Soup by Category: % Volume Growth 2013-2018 Table 4 Sales of Soup by Category: % Value Growth 2013-2018 Table 5 Sales of Soup by by Leading Flavours: Rankings 2013-2018 Table 6 NBO Company Shares of Soup: % Value 2014-2018 Table 7 LBN Brand Shares of Soup: % Value 2015-2018 Table 8 Distribution of Soup by Format: % Value 2013-2018 Table 9 Forecast Sales of Soup by Category: Volume 2018-2023 Table 10 Forecast Sales of Soup by Category: Value 2018-2023 Table 11 Forecast Sales of Soup by Category: % Volume Growth 2018-2023 Table 12 Forecast Sales of Soup by Category: % Value Growth 2018-2023

Packaged Food in Venezuela - Industry Overview

EXECUTIVE SUMMARY

Hyperinflation forces the government to change regulations
Venezuelan households spend their meagre incomes on food
Increasingly concentrated competitive landscape
Supermarkets remains the main distribution channel for packaged food
Recession expected to last

FOODSERVICE

Sales to Foodservice
Unstable supply of products negatively affects foodservice performance Confectionery continues its disappointing performance in 2018 Local manufacturers characterise sales to foodservice
Consumer Foodservice
Hyperinflation hits menu prices hard in 2018 Economic downturn impacts eating out habits Outlets focus on desserts to survive

CATEGORY DATA

Table 13 Foodservice Sales of Packaged Food by Category: Volume 2013-2018 Table 14 Foodservice Sales of Packaged Food by Category: % Volume Growth 2013-2018 Table 15 Forecast Foodservice Sales of Packaged Food by Category: Volume 2018-2023 Table 16 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2018-2023

MARKET DATA

Table 17 Sales of Packaged Food by Category: Volume 2013-2018 Table 18 Sales of Packaged Food by Category: Value 2013-2018 Table 19 Sales of Packaged Food by Category: % Volume Growth 2013-2018 Table 20 Sales of Packaged Food by Category: % Value Growth 2013-2018 Table 21 GBO Company Shares of Packaged Food: % Value 2014-2018 Table 22 NBO Company Shares of Packaged Food: % Value 2014-2018 Table 23 LBN Brand Shares of Packaged Food: % Value 2015-2018 Table 24 Penetration of Private Label by Category: % Value 2013-2018 Table 25 Distribution of Packaged Food by Format: % Value 2013-2018 Table 26 Distribution of Packaged Food by Format and Category: % Value 2018 Table 27 Forecast Sales of Packaged Food by Category: Volume 2018-2023 Table 28 Forecast Sales of Packaged Food by Category: Value 2018-2023 Table 29 Forecast Sales of Packaged Food by Category: % Volume Growth 2018-2023 Table 30 Forecast Sales of Packaged Food by Category: % Value Growth 2018-2023

DEFINITIONS

SOURCES

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Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This report originates from Passport, our Soup research and analysis database.

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