South American juice market is estimated to grow at a CAGR of 8.3% with Brazil and Argentina as the major growth contributors
Wide expansion of cafÃ© chains such a Starbucks, Dunkin Donuts and Coffee Bean Co. In India, China and other Asia-Pacific Countries will drive the market for RTD coffee in the region.
South Americans are shifting from pet ownership to pet humanization and are willing to spend more on high quality and functional pet food.
RTD drink coffee is being made popular by establishments such as Starbucks and Dunkin Donuts which serve varied types of coffee based RTD beverages in their outlets
Mayonnaise and ketchup sauces exhibit very high growth owing to rise in population of middle and lower income groups.
Red Bull being the leader in energy drink market in Brazil offers most expensive products thus projected to lose some share in forecast period which is estimated to be more than 35% in 2014
South American salty snacks market is the third biggest segment in overall snacks after cookies and confectionery.
India spreads market which is estimated to grow at a CAGR of 9.6% during 2015-2020, is the major growth contributor for the regional market mainly due to rising disposable income, changing life styles and increasing consumption of bakery foods.
Cooking sauces exhibit a stable growth of 2.5% in the period 2015-2020. Table sauces to witness a growth of 4.5% in the forecast period. Spice based sauces exhibit 5% growth.
Europe sweet & savory spreads market in Europe was estimated at $9.8 billion in 2014 and is estimated to grow at a CAGR of 1.7% during the forecast period 2015-2020