South America Sweet and Salty Snacks Market - Forecast(2019 - 2024)

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South America Sweet and Salty Snacks Market Overview:

In 2018, PepsiCo reported a quarterly revenue considerably above its financial estimates and evaluated that its net revenue increased by 1.5% owing to its highly propelled sales amongst the Latin American population. This can be credited to the rise in food cravings and the desire for small indulgences among the younger population. The hectic life, rotational shifts at the workplace, and independent living style along with the shrinking size of households have given rise to undefined food eating occasions. In the above-stated scenario, snacks such as tortilla chips, pretzels, popcorn, and plantain chips have become a recurring indulgence as they are solicited as stress busters and relieve people from boredom. Furthermore, augmented disposal income of the urban population, evolving food preferences, and the rising number of snack outlets are fueling the growth of the snacks market. Additional aspects of snacks such as varied flavors, easy availability, and low cost are propelling the growth of the South America sweet and salty snacks market which earned a global market revenue of $28 billion in 2018. The South America sweet and salty snacks market size is projected to increase at a CAGR of 4.10% during the forecast period of 2019-2025.

Supermarkets and hypermarkets are a prominent application segment of this market, with an estimated CAGR of 3.50% through to 2025. This is mainly due to the presence of supermarkets and hypermarkets both in urban and rural areas, close to residential and commercial communities and thereby facilitating the customers to buy the products on the go. Moreover, the supermarkets are adopting various trends such as the premiumization of private labels, becoming hyperlocal, delivering goods to the doorstep, offering more tailored and value-added lifestyle choices, to allure the customers by providing them a healthy shopping experience. Furthermore, supermarkets are usually consumer-friendly, more convenient, spacious hygienic, organized and well-maintained, and offer a wider range of items and brands for the consumers. These aforementioned aspects of supermarkets facilitated them to become a key application segment of the sweet and salty snacks market.


South America Sweet and Salty Snacks Market Drivers:

·         Low Cost

Snacks are available at a reasonably low cost as compared to other food products and are affordable to people belonging to any class of society. The manufacturing process of the packed snacks is very simple and almost everything is automated, consequently resulting in affordable prices.

·         Transforming Food Habits

The working class society is consistently low on time for themselves which results in unhealthy habits due to disorderly lifestyles. Therefore, people are preferring more number of short meals as compared to traditional culture of three meals per day which has resulted in the growth of the sweet and salty snacks market.

·         Sports and Entertainment Venues

The increasing stress conditions at workplaces has impelled people to spend more leisurely time outside their offices. Owing to this factor, the demand for sport and entertainment venues has considerably increased. These venues provide food facilities that are mainly composed of snack products, eventually rising the demand for snacks market.

·         Advertising Strategies and Appealing Packaging

In any market, promotional and advertising activities play a prominent role in attracting customers. The snacks producers have started promoting their product by utilizing different strategies to attract customers especially children. They often use colorful and attractive packing which is highly alluring to the consumers.

 

South America Sweet and Salty Snacks Market Key Players Perspective:

PepsiCo, which is one of the key market player, acquired UK-based brand Pipers Crisps. This acquisition is intended to meet the rising demand for sweet and salty snacks market in the coming future.

Other prominent players in the South America snacks market are Pepsi Co, Kellogg Company, Importadora Cafe Do Brasil S.A, Kraft Foods, Grupo Arcor, Kari Alimento, Banks DIH Ltd, Samai Snacks, Industrias Agricola S.R.L, and Productos Ramos SA.

 

South America Sweet and Salty Snacks Market Trends –

 v  Foodservice Digital Lab

In the recent times, PepsiCo has launched a completely new service called the “Foodservice Digital Lab.” This lab has enabled the customers and the staff to have an extensive knowledge about the snacks products that they purchase and produce in accordance with their taste preferences and health habits.

v  Fruit Snacks

Most of the snacks in the present time include vegetable snacks such as potato, green bean, and carrot chips. Owing to the ease of availability and uniformity of vegetable snacks, the fruit snacks have made their way into supermarket shelves. The high health benefits and varied flavors of fruit snacks is disrupting the sweet and salty snacks market.

  

South America Sweet and Salty Snacks Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the South America sweet and salty snacks market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of segments in the South America sweet and salty snacks market, and their specific applications in different areas.

 

South America Sweet and Salty Snacks Market Report: Industry Coverage

The South America sweet and salty snacks market can be segmented on the basis of type, and distribution channel. Based on the type, the market can be fragmented into chips, extruded snacks, nuts, pretzels, popcorn, and traditional snacks. By distribution channel, the market can be bifurcated into supermarkets/hypermarkets, convenience stores, specialty food stores, and online.

The South America sweet and salty snacks market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

1. South America : Macroeconomic Snapshot
2. South America. Sweet & Salty Snacks Market Overview
   2.1. Scope of the Study
   2.2. Definitions
3. Executive Summary
4. South America. Sweet & Salty Snacks: Market Landscape
   4.1. Market Share Analysis
      4.1.1. Brazil
            4.1.1.1. Pepsi Co is the dominant player with regular launch of new flavored snacks under Doritos brand
      4.1.2. Argentina
            4.1.2.1. Highly concentrated market with Pespi Co accounting for over three-fourth of the market
      4.1.3. Colombia
      4.1.4. Peru
            4.1.4.1. Snacks America Latina SRL continues its dominance with its strong product mix and distribution network
      4.1.5. Venezuela
      4.1.6. Rest of the South America
   4.2. Competitive Developments
      4.2.1. Providers are shifting focus on organic snack lines
      4.2.2. Major companies are strengthening their brand presence through regular product extensions
   4.3. Consumer Insights
      4.3.1. Rising health concerns to spur the market for low-calorie snacks
      4.3.2. High brand awareness and loyalty among consumers
5. South America. Sweet & Salty Snacks Market: By Type
   5.1. Chips
      5.1.1. Key Trends:
            5.1.1.1. Emergence of low fat and organic chips
      5.1.2. Potato Chips
      5.1.3. Corn/Tortilla Chips
      5.1.4. Tomato
      5.1.5. Meat
      5.1.6. Others
   5.2. Extruded Snacks
      5.2.1. Highly popular among youth in Brazil wide array of flavored snacks
   5.3. Pretzels
   5.4. Popcorn
   5.5. Nuts
      5.5.1. Rising popularity of nuts as a healthier snack stands spurs the market growth
   5.6. Traditional snacks
   5.7. Others
6. South America. Sweet & Salty Snacks Market: By Distribution Channel
   6.1. Supermarkets/Hypermarkets
   6.2. Convenience Stores
      6.2.1. Continuing its dominance as a top revenue generating channel
   6.3. Specialty Food stores
   6.4. Online Retail
   6.5. Others
7. South America. Sweet & Salty Snacks Market: By Country
   7.1. Brazil
      7.1.1. Price fluctuations in packaged snacks market due to rising ingredient costs
   7.2. Argentina
      7.2.1. Low-salt and low-fat snacks will drive the market growth
   7.3. Peru
      7.3.1. Continuing preference of consumers to artisanal snacks restrains the growth of packaged snacks
   7.4. Colombia
      7.4.1. Witnessing considerable number of new flavored snacks
   7.5. Venezuela
      7.5.1. Popcorn and fruit snacks are witnessing steep decline
   7.6. Rest of the South America
8. South America. Sweet & Salty Snacks Market: By Companies
   8.1. Pepsi Co
   8.2. Kellogg Company
   8.3. Importadora Cafe Do Brasil S.A.
   8.4. Kraft Foods
   8.5. Grupo Arcor
   8.6. Kari Kari Alimento
   8.7. Banks DIH Ltd
   8.8. Samai Snacks
   8.9. Industrias Agricola S.R.L
   8.10. Productos Ramos SA
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"
9. Appendix
   9.1. Abbreviations
   9.2. Sources
   9.3. Research Methodology
   9.4. Disclaimer
List of Tables
Table 1: South America Sweet and Salty Snacks Market Overview 2019-2024
Table 2: South America Sweet and Salty Snacks Market Leader Analysis 2018-2019 (US$)
Table 3: South America Sweet and Salty Snacks Market Product Analysis 2018-2019 (US$)
Table 4: South America Sweet and Salty Snacks Market End User Analysis 2018-2019 (US$)
Table 5: South America Sweet and Salty Snacks Market Patent Analysis 2013-2018* (US$)
Table 6: South America Sweet and Salty Snacks Market Financial Analysis 2018-2019 (US$)
Table 7: South America Sweet and Salty Snacks Market Driver Analysis 2018-2019 (US$)
Table 8: South America Sweet and Salty Snacks Market Challenges Analysis 2018-2019 (US$)
Table 9: South America Sweet and Salty Snacks Market Constraint Analysis 2018-2019 (US$)
Table 10: South America Sweet and Salty Snacks Market Supplier Bargaining Power Analysis 2018-2019 (US$)
Table 11: South America Sweet and Salty Snacks Market Buyer Bargaining Power Analysis 2018-2019 (US$)
Table 12: South America Sweet and Salty Snacks Market Threat of Substitutes Analysis 2018-2019 (US$)
Table 13: South America Sweet and Salty Snacks Market Threat of New Entrants Analysis 2018-2019 (US$)
Table 14: South America Sweet and Salty Snacks Market Degree of Competition Analysis 2018-2019 (US$)
Table 15: South America Sweet and Salty Snacks Market Value Chain Analysis 2018-2019 (US$)
Table 16: South America Sweet and Salty Snacks Market Pricing Analysis 2019-2024 (US$)
Table 17: South America Sweet and Salty Snacks Market Opportunities Analysis 2019-2024 (US$)
Table 18: South America Sweet and Salty Snacks Market Product Life Cycle Analysis 2019-2024 (US$)
Table 19: South America Sweet and Salty Snacks Market Supplier Analysis 2018-2019 (US$)
Table 20: South America Sweet and Salty Snacks Market Distributor Analysis 2018-2019 (US$)
Table 21: South America Sweet and Salty Snacks Market Trend Analysis 2018-2019 (US$)
Table 22: South America Sweet and Salty Snacks Market Size 2018 (US$)
Table 23: South America Sweet and Salty Snacks Market Forecast Analysis 2019-2024 (US$)
Table 24: South America Sweet and Salty Snacks Market Sales Forecast Analysis 2019-2024 (Units)
Table 25: South America Sweet and Salty Snacks Market, Revenue & Volume, By Type, 2019-2024 ($)
Table 26: South America Sweet and Salty Snacks Market By Type, Revenue & Volume, By Chips, 2019-2024 ($)
Table 27: South America Sweet and Salty Snacks Market By Type, Revenue & Volume, By Extruded Snacks, 2019-2024 ($)
Table 28: South America Sweet and Salty Snacks Market By Type, Revenue & Volume, By Pretzels, 2019-2024 ($)
Table 29: South America Sweet and Salty Snacks Market By Type, Revenue & Volume, By Popcorn, 2019-2024 ($)
Table 30: South America Sweet and Salty Snacks Market By Type, Revenue & Volume, By Nuts, 2019-2024 ($)
Table 31: South america South America Sweet and Salty Snacks Market, Revenue & Volume, By Type, 2019-2024 ($)
Table 32: Top Companies 2018 (US$)South America Sweet and Salty Snacks Market, Revenue & Volume
Table 33: Product Launch 2018-2019South America Sweet and Salty Snacks Market, Revenue & Volume
Table 34: Mergers & Acquistions 2018-2019South America Sweet and Salty Snacks Market, Revenue & Volume
List of Figures
Figure 1: Overview of South America Sweet and Salty Snacks Market 2019-2024
Figure 2: Market Share Analysis for South America Sweet and Salty Snacks Market 2018 (US$)
Figure 3: Product Comparison in South America Sweet and Salty Snacks Market 2018-2019 (US$)
Figure 4: End User Profile for South America Sweet and Salty Snacks Market 2018-2019 (US$)
Figure 5: Patent Application and Grant in South America Sweet and Salty Snacks Market 2013-2018* (US$)
Figure 6: Top 5 Companies Financial Analysis in South America Sweet and Salty Snacks Market 2018-2019 (US$)
Figure 7: Market Entry Strategy in South America Sweet and Salty Snacks Market 2018-2019
Figure 8: Ecosystem Analysis in South America Sweet and Salty Snacks Market 2018
Figure 9: Average Selling Price in South America Sweet and Salty Snacks Market 2019-2024
Figure 10: Top Opportunites in South America Sweet and Salty Snacks Market 2018-2019
Figure 11: Market Life Cycle Analysis in South America Sweet and Salty Snacks Market
Figure 12: GlobalBy TypeSouth America Sweet and Salty Snacks Market Revenue, 2019-2024 ($)
Figure 13: Global South America Sweet and Salty Snacks Market - By Geography
Figure 14: Global South America Sweet and Salty Snacks Market Value & Volume, By Geography, 2019-2024 ($) 
Figure 15: Global South America Sweet and Salty Snacks Market CAGR, By Geography, 2019-2024 (%)
Figure 16: Entropy Share, By Strategies, 2018-2019* (%)South America Sweet and Salty Snacks Market
Figure 17: Developments, 2018-2019*South America Sweet and Salty Snacks Market
Figure 18: Company 1 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 19: Company 1 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 20: Company 1 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 21: Company 2 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 22: Company 2 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 23: Company 2 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 24: Company 3 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 25: Company 3 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 26: Company 3 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 27: Company 4 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 28: Company 4 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 29: Company 4 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 30: Company 5 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 31: Company 5 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 32: Company 5 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 33: Company 6 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 34: Company 6 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 35: Company 6 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 36: Company 7 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 37: Company 7 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 38: Company 7 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 39: Company 8 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 40: Company 8 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 41: Company 8 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 42: Company 9 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 43: Company 9 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 44: Company 9 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 45: Company 10 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 46: Company 10 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 47: Company 10 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 48: Company 11 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 49: Company 11 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 50: Company 11 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 51: Company 12 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 52: Company 12 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 53: Company 12 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 54: Company 13 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 55: Company 13 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 56: Company 13 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 57: Company 14 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 58: Company 14 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 59: Company 14 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)
Figure 60: Company 15 South America Sweet and Salty Snacks Market Net Revenue, By Years, 2018-2019* ($)
Figure 61: Company 15 South America Sweet and Salty Snacks Market Net Revenue Share, By Business segments, 2018 (%)
Figure 62: Company 15 South America Sweet and Salty Snacks Market Net Sales Share, By Geography, 2018 (%)