Central America Food & Drink Report

Providing expert analysis, independent forecasts and competitive intelligence on the food & drink industry.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, BMI’s Food and Drink Risk Reward Index, Mass Grocery Retail Forecasts, Company Profiles and Global, Regional and Country Industry Overviews.

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  • Benefit from the latest market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position
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Central America Food & Drink Report
Product Price
$1,295.00

BMI View: Our consumer outlook for the region has brightened in recent quarters, as households benefit from low oil prices (which fuel their real purchasing power) and rising remittances flows from the US. Guatemala and Honduras, which have traditionally been vulnerable to structural macroeconomic weaknesses, will be the outperformers. Rising incomes will fuel growth in the food and drink sector, and the region will look increasingly attractive for food manufacturers as the rest of Latin America experiences a deteriorating consumer outlook and market saturation in the food sector. Thanks to its large and young consumer base, Guatemala will offer the strongest growth opportunities in Central America, while a strong tourism sector will drive premiumisation in Costa Rica.

Headline Industry Data (regional averages)

  • 2015 food consumption (US dollar terms) growth = +3.9%; compound annual growth rate (CAGR) 2014 to 2019 = +5.6%.

  • 2014 alcoholic drink sales (litres) growth = +5.6%; CAGR to 2019 = +4.9%.

  • 2014 soft drink sales (litres) = +5.0%; forecast CAGR 2014 to 2019 = +4.6%.

  • 2014 mass grocery retail sales (US dollar terms) growth = +2.1%; forecast CAGR to 2019 = +5.7%.

BMI Industry View
9
SWOT
11
Food
11
Drink
13
Mass Grocery Retail
15
Industry Forecast
17
Consumer Outlook
17
Food
21
Food Consumption
21
Table: Guatemala - Food Consumption Indicators, 2011-2019
22
Table: Costa Rica - Food Consumption Indicators, 2011-2019
22
Table: El Salvador - Food Consumption Indicators, 2011-2019
23
Table: Honduras - Food Consumption Indicators, 2011-2019
23
Confectionery
23
Meat
24
Table: El Salvador - Meat Volume Sales, Production & Trade, 2011-2019
25
Jams & Jellies
26
Table: El Salvador - Jams & Jellies Volume Sales, Production & Trade, 2011-2019
26
Pasta
27
Table: El Salvador - Pasta Volume Sales, Production & Trade, 2011-2019
28
Prepared Fish
29
Table: El Salvador - Fish Volume Sales, Production & Trade, 2011-2019
29
Table: Costa Rica - Fish Volume Sales, Production & Trade, 2011-2019
30
Oils & Fats
31
Table: Costa Rica - Soya Bean Oil Volume Sales, Production & Trade, 2011-2019
31
Table: Guatemala - Soya Bean Oil Volume Sales, Production & Trade, 2011-2019
33
Table: El Salvador - Margarine Volume Sales, Production & Trade, 2011-2019
34
Dairy
34
Table: El Salvador - Dairy Volume Sales, Production & Trade, 2011-2019
36
Drink
39
Hot Drinks
39
Table: Guatemala Coffee Sales, 2011-2019
40
Table: Costa Rica Coffee Sales, 2011-2019
40
Table: El Salvador Coffee Sales, 2011-2019
40
Table: Honduras Coffee Sales, 2011-2019
41
Alcoholic Drinks
41
Table: Guatemala Alcoholic Drink Sales, 2011-2019
42
Table: Costa Rica Alcoholic Drink Sales, 2011-2019
42
Table: El Salvador Alcoholic Drink Sales, 2011-2019
42
Table: Honduras Alcohol Sales, 2011-2019
43
Soft Drinks
43
Table: Guatemala Soft Drink Sales, 2011-2019
44
Table: Costa Rica Soft Drink Sales, 2011-2019
44
Table: El Salvador Soft Drink Sales, 2011-2019
44
Table: Honduras Soft Drink Sales, 2011-2019
45
Mass Grocery Retail
45
Table: Regional Sales Breakdown By Retail Format, %, 2012-2022
46
Table: Guatemala Mass Grocery Retail Sales, 2011-2019
46
Table: Costa Rica Mass Grocery Retail Sales, 2011-2019
47
Table: El Salvador Mass Grocery Retail Sales, 2011-2019
47
Table: Honduras Mass Grocery Retail Sales, 2011-2019
48
Trade
48
Table: Guatemala Food And Drink Trade Balance, 2011-2019
49
Table: Costa Rica Food And Drink Trade Balance, 2011-2019
49
Table: El Salvador Food And Drink Trade Balance, 2011-2019
49
Table: Honduras Food And Drink Trade Balance, 2011-2019
50
Macroeconomic Forecasts
51
Economic Analysis
51
Table: GDP Contribution To Growth (El Salvador 2012-2020)
54
Economic Analysis
54
Table: GDP Contribution To Growth (Guatemala 2012-2020)
59
Economic Analysis
60
Table: Fiscal Policy (Honduras 2011-2019)
63
Industry Risk Reward Ratings
64
Latin America - Risk/Reward Index
64
Table: Latin America Food & Drink Risk/Reward Index Q415
66
Table: Latin America Food & Drink Risk/Reward Sub-Factor Index Q415 (scores out of 10)
69
Market Overview
70
Food
70
Drink
71
Hot Drinks
71
Soft Drinks
72
Alcoholic Drinks
73
Mass Grocery Retail
74
Industry Trends And Developments
76
Food
76
Key Industry Trends And Developments
76
Drink
82
Key Industry Trends And Developments
82
Coffee Growers Gaining Support
86
Mass Grocery Retail
88
Key Industry Trends And Developments
88
Competitive Landscape
91
Table: Key Players In Central America's Food & Drink Sector
91
Table: Key Players In Guatemala's Mass Grocery Retail Sector
92
Table: Key Players In El Salvador's Mass Grocery Retail Sector
93
Table: Key Players In Costa Rica's Mass Grocery Retail Sector
94
Table: Key Players In Honduras' Mass Grocery Retail Sector
95
Company Profile
96
Diana Food
96
CBC
99
SABMiller
102
Florida Ice And Farm
105
Walmart de M-xico y Centroam-rica
108
Global Industry Overview
111
Table: Australia, Uk And Usa Estimated Herfindahl-Hirschman Index Scores - Food Retail Industry
114
Table: Boston Beer Company, Ab Inbev, Heineken And Sabmiller - Selected Trailing Return And Efficiency Ratios
122
Table: Food and Drink Core Views - Q215 Roundup
127
Demographic Forecast
129
Demographic Outlook
129
Table: Population Headline Indicators (Costa Rica 1990-2025)
130
Table: Key Population Ratios (Costa Rica 1990-2025)
130
Table: Urban/Rural Population & Life Expectancy (Costa Rica 1990-2025)
131
Table: Population By Age Group (Costa Rica 1990-2025)
131
Table: Population By Age Group % (Costa Rica 1990-2025)
132
Demographic Outlook
134
Table: Population Headline Indicators (Guatemala 1990-2025)
135
Table: Key Population Ratios (Guatemala 1990-2025)
135
Table: Urban/Rural Population & Life Expectancy (Guatemala 1990-2025)
136
Table: Population By Age Group (Guatemala 1990-2025)
136
Table: Population By Age Group % (Guatemala 1990-2025)
137
Demographic Outlook
139
Table: Population Headline Indicators (Honduras 1990-2025)
140
Table: Key Population Ratios (Honduras 1990-2025)
140
Table: Urban/Rural Population And Life Expectancy (Honduras 1990-2025)
141
Table: Population By Age Group (Honduras 1990-2025)
141
Table: Population By Age Group % (Honduras 1990-2025)
142
Demographic Outlook
144
Table: Population Headline Indicators (El Salvador 1990-2025)
145
Table: Key Population Ratios (El Salvador 1990-2025)
145
Table: Urban/Rural Population & Life Expectancy (El Salvador 1990-2025)
146
Table: Population By Age Group (El Salvador 1990-2025)
146
Table: Population By Age Group % (El Salvador 1990-2025)
147
Glossary
149
Food & Drink
149
Mass Grocery Retail
149
Methodology
151
Industry Forecast Methodology
151
Sector-Specific Methodology
152
Sources
152
Risk/Reward Index Methodology
153
Table: Food & Drink Risk/Reward Index Indicators
154
Table: Weighting
155

The Central America Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Central America Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Guatemala, El Salvador, Costa Rica, Honduras.

Key Benefits

  • Benchmark BMI's independent food and drink industry forecasts for Guatemala, El Salvador, Costa Rica, Honduras to test other views - a key input for successful budgeting and strategic business planning in the Guatemalan, Salvadoran, Costa Rican, Honduran food and drink market.
  • Target business opportunities and risks in Guatemala, El Salvador, Costa Rica, Honduras through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
  • Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts and views, covering food and drink manufacturing and consumption and the mass grocery retail market.

Industry SWOT Analysis

Analysis of the major strengths, weaknesses, opportunities and threats within the food, drink and mass grocery retail sectors and within the broader political, economic and business environment.

BMI’s Food and Drink Risk Reward Index

BMI’s Risk Reward Index provides investors (food and drink manufacturers and mass grocery retailers) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic points. These provide indices of highest to lowest appeal to investors, with each position explained.

Food Forecasts

BMI’s food chapter is divided into sections such as meat, fish, confectionary, dairy and canned foods, and provides insight into each market’s food industry, centred on a forecast to end-2019 for the sector. The chapter includes the following elements:

  • Industry Forecast Scenario: Historical data series and a forecast to end-2019 for growth of key indicators within a market’s food industry. Indicators include food consumption, food consumption as % of GDP, canned food sales, confectionery sales and food and drink imports and exports, among others.
  • Industry Developments: A summary of corporate developments, including news on M&As, FDI, expansions, closures and financial results, in addition to analysis and explanation of the latest industry events and how these could influence further investment.
  • Market Overview: An overview of the structure of the market, introducing the key players and discussing underlying trends.

Drink Forecasts

Segmented the same way as BMI’s food chapter, the drink section provides insight into each market’s drink industry, centred on a forecast to end-2019 for the sector. Forecast indicators include alcoholic and soft drink sales by value, volume and sub-sector and tea and coffee sales, among others.

Mass Grocery Retail Forecasts

Segmented the same way as BMI’s food and drink chapters, the mass grocery retail section provides insight into each market’s grocery retail industry, centred on a forecast to end-2019 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets, hypermarkets, convenience and discount stores) and a breakdown of the organised retail sector versus the traditional sector, among others.

Competitive Landscape

Illustration of the mass grocery retail and food and drink industries via rankings tables comparing revenues, number of outlets and number of employees. This chapter also includes data-rich, in-depth regional analysis of the market position, business strategies and investment potential of the region’s leading mass grocery retail and food and drink operators.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Sources

The Food & Drink reports draw on an extensive network primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.