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July 23, 2014

Top 3 Emerging Internet Markets in 2014

Pavel_MarceuxAnalyst Insight by Pavel Marceux - Technology, Communications and Media Analyst

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Euromonitor International has identified the top three emerging Internet markets in 2014, based on growth rates in annual digital indicators such as online adspend, e-commerce, Internet users and mobile Internet subscriptions. The online markets to look out for in 2014 are Vietnam, Chile and Iran, as improved local telecom infrastructure, growing IT literacy and greater adoption of new technological platforms are driving more consumers to the web. Improved conditions for the growth of domestic Internet start-ups, clearer regulatory oversight regarding web commerce and cheaper costs of telecom services are allowing more businesses to launch or expand their online offerings.

E-Commerce Value and Internet Users in Vietnam, Iran and Chile: 2014

Source: Euromonitor International from trade sources/national statistics/International Telecommunications Union/OECD

Note: Figures are forecast

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July 21, 2014

What Next for the BRIC Economies in 2014?

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The outlook for the BRIC for the second half of the year is as diverse as the grouping itself. Russia is set to suffer the worst performance of the BRICs, followed by Brazil. All four countries have seen their growth forecasts revised down since January, but for widely differing reasons.

Real GDP Growth Forecasts: 2014

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Source: Euromonitor International from national statistics/Eurostat/OECD/UN/IMF

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July 19, 2014

Function and Local Ingredients Drive Hot Drinks Sales in Peru

Dana LaMendolaAnalyst Insight by Dana LaMendola - Beverages Analyst

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Our research indicates that Peru will be the fastest-growing hot drinks market in Latin America increasing by 36% to reach US$ 818 million  by 2018. The Peruvian economy has skyrocketed in recent years, with Peru recording the fastest growth in total GDP in the region between 2008 and 2013, a trend that is expected to continue in the forecast. Rising disposable incomes are not only increasing consumer expenditure on food and non-alcoholic beverages, but are also creating more demanding Peruvian consumers. Hot drinks that are having the most success are those like fruit/herbal teas that have a functional position and other plant based hot drinks that appeal to local Peruvian traditions through the use of local ingredients

 

Demand for Health and Wellness Benefits

Peru is expected to be the fast growing tea market in Latin America over the forecast, increasing by 59% in retail value to record the second highest absolute value growth after Brazil. In Peru, tea is already nearly as popular as coffee in terms of at-home consumption. In 2013, per capita retail brewed volume was 6 litres, just slightly below coffee which was 6.8 litres. Although black tea (both standard and speciality) is the most traditional type of tea consumed in Peru, health and wellness trends are causing less mature categories like fruit/herbal tea and green tea to attract increasing consumer interest because of their perceived health benefits. These alternative tea types also carry a higher price tag, particularly fruit/herbal which in 2013 retailed at more than five times the unit price of black tea.

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July 13, 2014

Control de peso en Latinoamérica: claves de una industria millonaria

Más del 50% de la población latinoamericana sufre algún grado de sobrepeso u obesidad. Esta alarmante tasa ha hecho que tanto los consumidores como los gobiernos tomen una posición de prevención en relación a esta situación.  Por su parte la industria de alimentos y bebidas ha creado una gama de productos con menores contenidos de azúcar, grasas y carbohidratos para ayudar a combatir el problema.  Los consumidores demandan productos que además de ser “bajos en”, cumplan con lo que prometan, tengan un buen sabor y no tengan efectos nocivos para la salud. En este sentido los productos naturales empiezan a ganar terreno y entre éstos la stevia ha demostrado ser la favorita de la industria.

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July 9, 2014

Webinar: Costoso, único y con valor añadido: el producto más buscado en Belleza y Cuidado Personal

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Gerente de Investigación

 

 

 

Eurosantiago_Tomas.Leal_MThumbTomás Leal
Analista de Investigación

 

 

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Un nuevo consumidor da forma a la industria de Belleza y Cuidado Personal en Latinoamérica. Acompáñanos a través de un recorrido por los 2 grandes factores que impulsan el crecimiento en la región.  Innovación parece ser la palabra clave a través de la industria, pero ¿dónde y cómo innovar?

Ven a este webinar para conocer:

  • El nuevo perfil del consumidor latinoamericano
  • Las principales tendencias de la industria
  • Casos exitosos de innovación
  • ¿Qué podemos esperar para el futuro?

 

July 5, 2014

To Gain in the USA, Premium Carmakers Invest in Mexico

Neil-KingAnalyst Insight by Neil King - Automotive Analyst

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According to a Reuters news report on June 27, “Daimler AG and Nissan Motor Co are jointly investing $1.36 billion to develop premium small cars and build a factory in Mexico, the companies said on Friday, in a step that deepens cooperation between the Mercedes-Benz and Infiniti brands.” This was swiftly followed by a report on July 1, which stated that “Munich-based BMW said on Monday it would make an announcement in Mexico on July 3, all but confirming a widely expected decision to build a new factory to meet growing demand for premium cars, shortly after its rival Daimler announced similar plans.” Back in early 2012, before talk of the MINT economies, I identified Mexico as one of the MITE hotspots of future autos demand - along with Indonesia, Turkey and Egypt - and so these investment decisions hardly come as a surprise.

 

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July 3, 2014

Economic Inequalities to Impact Brazil’s Consumer Market Growth Potential

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Brazil has Latin America’s largest consumer market with rising incomes and an expanding middle class. However, economic inequalities persist, as the industrialised southern states charge ahead with higher income and spending. Inequality, coupled with high inflation and rising interest rates, can hamper the country’s consumer market expansion. Over 2014-2030, real consumer spending growth is set to slow to an average 3.9% per year, from average 5.2% per year recorded over 2008-2013.

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July 2, 2014

Euromonitor to Speak at LUXURYLAB.MX

Banner-llmx-EUROMONITOR-800px-X-125px-01072014-v2Event Dates: August 25th, 2014

Location: The St. Regis Mexico City
 
Presentation Time:  Monday August 25th

Event Description: LUXURYLAB.MX is the most important market intelligence event for the luxury market in Latin America. Founded in 2011 by LoveBrand Comunicación.

Speaker: Fflur Roberts, Head of Luxury Goods

Presentation Title: “The Rise of Global Wealth and Luxury Spending in Emerging and Developed Markets”

Presentation Descripton: The global picture of wealth is changing, with the number of high-income earners in emerging and developing countries rising rapidly. Are luxury brands taking sufficient advantage of this growth to drive profits? Insights into the profile and spending habits of high income earners and long-term forecasts on the wealth shift towards emerging markets can help luxury brands plan strategically. This presentation will focus on this consumer group and their impacting on expenditure across a wide range of high-end goods and services in both Latin America and other chore regions.

Website: http://www.luxurylab.mx/

On Twitter: @EuromonitorES, @luxurylabmx

June 28, 2014

Euromonitor to Speak at Food Ingredients South America 2014

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Event Dates: 5-7 August, 2014

Location: São Paulo, Brazil
 
Presentation Date:  Tuesday August 5th, 9:00 AM
 
Event Description: Be part the largest and most inspiring resource of food, nutraceutical and pharmaceutical ingredients. With over 17 years of experience in this region, Fi South America is your opportunity to: Source the latest and most innovative ingredients which have been directly discovered in the heart of Latin America, Grow your business in one of the fastest growing markets with a large appetite for food, health and functional ingredients, Nurture your business relationships by meeting with the most important ingredients suppliers and buyers in the region.

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June 27, 2014

Why is the Metal Beverage Can Becoming More Successful in Beer Packaging in Latin America?

Karine.DussimonAnalyst Insight by Karine Dussimon - Senior Packaging Analyst

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Latin America is expected to be a key growth region for metal beverage cans used in the packaging of beer, with an additional 3 billion units expected to be generated over 2013-2018. This is despite the established returnable system for glass bottles characterising Latin American countries, as retail distribution and consumption patterns are both changing. The beverage can, as one-way packaging, enables brewers to stand out on the shelves of new retailing outlets; at the same time, the can is also answering demand from Latin American consumers for more single-serve pack sizes.

Metal Beverage Can Sales in Beer by Region and Forecast Growth

Source: Euromonitor International

Continue reading "Why is the Metal Beverage Can Becoming More Successful in Beer Packaging in Latin America?" »

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Recent Posts

Top 3 Emerging Internet Markets in 2014

What Next for the BRIC Economies in 2014?

Function and Local Ingredients Drive Hot Drinks Sales in Peru

Control de peso en Latinoamérica: claves de una industria millonaria

Webinar: Costoso, único y con valor añadido: el producto más buscado en Belleza y Cuidado Personal

To Gain in the USA, Premium Carmakers Invest in Mexico

Economic Inequalities to Impact Brazil’s Consumer Market Growth Potential

Euromonitor to Speak at LUXURYLAB.MX

Euromonitor to Speak at Food Ingredients South America 2014

Why is the Metal Beverage Can Becoming More Successful in Beer Packaging in Latin America?