Food & Beverages

Consumer and Market Insights: Fish and Seafood in Argentina

  • CAN530312
  • 70 Pages
  • March 2016
  • Food & Beverages
Summary
Argentina's Fish and Seafood market is forecast to register strong growth in value as well as volume terms during 2015-2020. While the Fresh Fish and Seafood (Counter) category has the largest volume share, the Frozen Fish and Seafood category is projected to witness fastest growth during 2015-2020. Fish and Seafood products with healthy claims are quite popular in Argentina due to high health awareness of the Argentinean consumers. Fresh Fish and Seafood that are sold over the counter will continue to thrive in Argentina as they are perceived to be better in terms of nutrition and flavor than the processed varieties.

Key Findings
-Among the six categories analyzed, Frozen Fish and Seafood will be the fastest growing value category, registering a CAGR of 14.6% during 2015-2020.

-Hypermarkets and Supermarkets is the leading distribution channel for the overall Fish and Seafood distribution in Argentina.

-Buying behaviour of consumers is inclined toward value for money products in the Fish and Seafood market in Argentina.

-The ready-to-eat or convenient Fish and Seafood products are favored by consumers and will drive demand in Argentine Fish and Seafood market.

-Value and Time Scarcity are the major trends that are driving the Argentine Fish and Seafood market.

Synopsis
Canadean's Consumer and Market Insights report on the Fish and Seafood market in Argentina provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?

-Market data: Overall market value and volume data with growth analysis for 2010-2020

-Category coverage: Value and growth analysis for Ambient Fish and Seafood, Chilled Raw Packaged Fish and Seafood - Processed, Chilled Raw Packaged Fish and Seafood - Whole Cuts, Dried Fish and Seafood, Fresh Fish and Seafood (Counter) and Frozen Fish and Seafood with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020

-Leading players: Market share of brands and private labels, including private label growth analysis from 2012-2015

-Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and others in 2014

-Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Rigid Metal, Rigid Plastics, Flexible Packaging, and others; container data for: Can-Food, Tray, Bag/Sachet, and others

-Consumer level trends: Top four consumer trends which influence Fish and Seafood products consumption

-Future outlook: Reviews and recommendations on how the market will shape up from 2015-2020

ReasonsToBuy
-Identify high potential categories and explore further market opportunities based on detailed value and volume analysis

-Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities

-Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning

-Access the key and most influential consumer trends driving Fish and Seafood products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target

-Access to analysis on products launched in the market

-Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
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