Food & Beverages

Market Focus: Trends and Developments in the Bakery & Cereals Sector in Brazil

  • CAN60269
  • 24 Pages
  • September 2013
  • Food & Beverages
Synopsis
This report provides a concise overview of the Bakery & Cereals market in Brazil. After reading this report, you will understand the size of the market, the economic, demographic, and behavioral trends that will drive its evolution and the leading players within the market, allowing you to plan effectively for the future.
Scope
Analysis of consumer behavior, economic conditions, and demography reveals emerging opportunities in the Bakery & Cereals sector.

Key growth categories are highlighted by analyzing the market dynamics of 11 Bakery & Cereal categories.

Market shares are provided for the leading brands and private label across Bakery & Cereals categories.

An overview of packaging trends in the Brazilian Bakery & Cereals sector is provided, including primary packaging material and type, packaging closures, and outer packaging.
Summary
Why was the report written?
This overview of the consumer and market dynamics of the Brazilian Bakery & Cereals sector allows new entrants and established players to gain rapid and comprehensive insight into the current state of the market and identify the key trends that will drive growth in the coming years.

What is the current market landscape and what is changing?
Price appreciation, due to rising input prices, is likely to result in higher revenue growth in the Baking Ingredients and Baking Mixes categories during 20122017. Meanwhile, volume growth will remain subdued in these categories, as baking at home is not as popular in Brazil when compared to Europe and America.

What are the key drivers behind recent market changes?
Brazils middle income class population currently account for around half the countrys population. Rising levels of real income in this section of the population have resulted in significant changes in consumer spending on retail items, including Food &Grocery and Foodservices.

What makes this report unique and essential to read?
This report brings together consumer insight and market data to provide a comprehensive brief of the Brazilian Bakery & Cereals sector. This allows for the rapid identification of key growth opportunities across 11 Bakery & Cereal categories and their packaging.
ReasonsToBuy
Brazilian consumers prefer to purchase bakery products, such as Bread & Rolls and Cakes & Pastries, from Food & Drinks Specialists. A considerable amount of these are artisanal products.

Women consume more Bakery & Cereals products by volume than men. The male market is concentrated amongst Older consumers and the Kids & Babies categories, whilst Early Young Adults and Pre-Mid-Lifers, among Females consumers, enjoy Bakery & Cereal products more than other female age groups.

Health concerns means that Older Consumers eat Bakery & Cereals most often; marketers need to target this category with healthier products.

The most important motivation, by far, is Better Value for Money. This tracks products chosen to meet individual consumers desires for better value for money from their purchases of Bakery & Cereals.

With increased economic prosperity and wealth, there has been significant change in the consumer behavior of the Brazilian consumers who have imbibed a more individualistic consumer outlook.
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