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Learn moreSep 2020
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Retail volume growth of sweet biscuits, snack bars and fruit snacks is set to be significantly stronger in 2020 than in 2019. The widespread distribution of these products in all retail channels, even during quarantine, is an important part of this trend, but of greater significance is the ongoing growth in availability of contraband products, smuggled from Argentina and Peru, and sold at markedly lower price points in the traditional markets that are the dominant retail channel for these products in Bolivia.
Sweet biscuits continued to account for the vast majority of the sweet biscuits, snack bars and fruit snacks retail value and volume sales in 2020. These products showed the steepest decline in unit prices, notably in plain biscuits, where manufacturers struggle to add value via product development.
Snack bars and fruit snacks performed strongly in 2020, partly as a result of health trends, but also because of a rising demand for convenience among consumers. Increasingly busy lifestyles mean consumers have less time to eat at home and so are looking for healthy alternatives to eat while on the go as a snack in-between meals or even as an alternative to breakfast, and snack bars have also benefited greatly from being included in government initiatives aimed at improving the nation’s diet.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Biscuits and Snack Bars industry in Bolivia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
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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.