As seen in other products in cooking ingredients and meals, consumers are becoming increasingly health conscious and are becoming increasingly aware of and selective about the food and drink they consume. This is also expected to ramp up further over the forecast period.
Jams and preserves are expected to undergo premiumisation over the forecast period. Jams and preserves are commonly used as a filling in home-made cakes, and the most popular flavours in Bolivia are strawberry and peach.
In recent years, there has been a sustained increase in the smuggling of packaged food products from neighbouring countries due to the devaluation of their local currencies. In 2022, soaring inflation in neighbouring countries has reduced profit margins for sales of smuggled goods in Bolivia, as retail prices have been more stable in Bolivia.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in Bolivia 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.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sweet Spreads industry in Bolivia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Excludes: Any products sold unpackaged or in bulk; margarine, butter substitutes, vegetable-oil based, yeast-based, and meat/seafood-based spreads.See All of Our Definitions
This report originates from Passport, our Sweet Spreads research and analysis database.
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