Country Report

Biscuits and Snack Bars in

Sweet Biscuits, Snack Bars and Fruit Snacks in Ecuador

Sep 2020

US$990

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Executive Summary

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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Ecuadoreans find solace during COVID-19, with 2020 expected to post highest overall growth for the review period

Sweet biscuits, snack bars and fruit snacks is expected to show better than average value growth in 2020 compared to the review period. Despite school closures in March, and widespread store closures, food and medicine deliveries to homes were allowed from early morning until the evening from May 2020, with new habits benefitting fruit snacks which is associated with healthy snacking, and sweet biscuits as people spend more time at home wanting an indulgence.

Indulgence aspect sees sweet biscuits ride out healthy eating trend in 2020

Despite higher awareness of healthy eating and healthier lifestyles, indulgence remained the key factor in value sales demonstrated by sweet biscuits’ dominance despite its unhealthy image. Instead of being negatively affected, sweet biscuits continues to be seen as an affordable option for treats and indulgences.

Rise in interest in ingredients cannot match the appeal of Nestlé’s wide product offer in 2020

Ancient ingredients such as Chia, Quinoa or Amaranth are incorporated into cereal bars to give a greater food supplement because these ingredients are perceived as healthier. There are ever more options as interesting ingredients become a focal point for brands, but sales are not yet representative.

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Overview

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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 Ecuador 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.

If you're in the Biscuits and Snack Bars industry in Ecuador, our research will save you time and money while empowering you to make informed, profitable decisions.

The Biscuits and Snack Bars in Ecuador market research report includes:

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

Our market research reports answer questions such as:

What is the market size of Biscuits and Snack Bars in Ecuador?
What are the major brands in Ecuador?
Which dietary supplement grew the fastest in the past year?

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

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Sweet Biscuits, Snack Bars and Fruit Snacks in Ecuador - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Ecuadoreans find solace during COVID-19, with 2020 expected to post highest overall growth for the review period

Indulgence aspect sees sweet biscuits ride out healthy eating trend in 2020

Rise in interest in ingredients cannot match the appeal of Nestlé’s wide product offer in 2020

RECOVERY AND OPPORTUNITIES

Less fluctuations across products means overall current value CAGRs to remain similar in forecast period as thought the review period

Fruit snacks will continue to benefit from hectic lifestyles and smart nutrition trend

Sweet biscuits finds unexpected new interest with shift in ingredients, and modifications to pack size help improve profit margins

CATEGORY DATA

Table 1 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2015-2020
Table 2 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2015-2020
Table 3 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2015-2020
Table 4 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2016-2020
Table 6 LBN Brand Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2017-2020
Table 7 NBO Company Shares of Sweet Biscuits: % Value 2016-2020
Table 8 LBN Brand Shares of Sweet Biscuits: % Value 2017-2020
Table 9 NBO Company Shares of Snack Bars: % Value 2016-2020
Table 10 LBN Brand Shares of Snack Bars: % Value 2017-2020
Table 11 Distribution of Sweet Biscuits, Snack Bars and Fruit Snacks by Format: % Value 2015-2020
Table 12 Distribution of Sweet Biscuits by Format: % Value 2015-2020
Table 13 Distribution of Snack Bars by Format: % Value 2015-2020
Table 14 Distribution of Fruit Snacks by Format: % Value 2015-2020
Table 15 Forecast Sales of Biscuits and Snack Bars by Category: Volume 2020-2025
Table 16 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2020-2025
Table 17 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2020-2025
Table 18 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2020-2025

Packaged Food in Ecuador - Industry Overview

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

Foodservice forced to close at the beginning of lockdown to contain contamination
Consumers avoid eating out at restaurants due to fears of contracting the virus
Reduced business tourism contributes to the suffering foodservice industry as tourism usually boosts sales

Category Data

Table 19 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 20 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 21 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 22 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 23 Sales of Packaged Food by Category: Volume 2015-2020
Table 24 Sales of Packaged Food by Category: Value 2015-2020
Table 25 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 26 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 27 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 28 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 29 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 30 Distribution of Packaged Food by Format: % Value 2015-2020
Table 31 Distribution of Packaged Food by Format and Category: % Value 2020
Table 32 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 33 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 34 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 35 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

Megatrends

Country Report

Sweet Biscuits, Snack Bars and Fruit Snacks in Ecuador

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Ecuadoreans find solace during COVID-19, with 2020 expected to post highest overall growth for the review period

Indulgence aspect sees sweet biscuits ride out healthy eating trend in 2020

Rise in interest in ingredients cannot match the appeal of Nestlé’s wide product offer in 2020

Overview

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Table of Contents

Sweet Biscuits, Snack Bars and Fruit Snacks in Ecuador - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Ecuadoreans find solace during COVID-19, with 2020 expected to post highest overall growth for the review period

Indulgence aspect sees sweet biscuits ride out healthy eating trend in 2020

Rise in interest in ingredients cannot match the appeal of Nestlé’s wide product offer in 2020

RECOVERY AND OPPORTUNITIES

Less fluctuations across products means overall current value CAGRs to remain similar in forecast period as thought the review period

Fruit snacks will continue to benefit from hectic lifestyles and smart nutrition trend

Sweet biscuits finds unexpected new interest with shift in ingredients, and modifications to pack size help improve profit margins

CATEGORY DATA

Packaged Food in Ecuador - Industry Overview

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

Category Data

MARKET DATA

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

SOURCES

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