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: An improved consumer outlook in the Central American region will drive growth in the food and drink industry over our forecast period. Rising disposable incomes will support industry growth in Guatemala and Honduras , while a well developed tourism sector will support premiumisation in Costa Rica. Throughout the coming years, we expect Central America's mass grocery retail sector to attract investment on the back of rising incomes and favourable demographics. We hold the view that Guatemala's long-term prospects will position the country to be a bright spot in the region.

Key Trends & Industry Developments

  • Our outlook for the Central American food and drink sector has brightened in recent quarters, as household purchasing power benefits from low oil prices. The region is also looking increasingly attractive given the slowdown in several Latin American markets and market saturation.

  • Given the young population, the drinks industry will experience solid growth. In alcoholic drinks, we expect beer sales to rise at a steady pace while in soft drinks, all segments will do well.

  • Although incomes are rising, we believe that households will remain relatively price conscious throughout our forecast period to 2020, which will continue to favour the discount format in the mass grocery retail sector.

  • Breaking down by country, Guatemala will offer the strongest growth opportunities in Central America over the long term, while a strong tourism sector will drive premiumisation in Costa Rica.

BMI Industry View
7
Key Trends & Industry Developments
7
SWOT
8
Food & Drink
8
Industry Forecast
10
Consumer Outlook
10
Latest Updates
10
Structural Trends
10
Food
12
Latest Updates
12
Structural Trends
12
Table: Food Sales (Central America 2013-2020)
14
Drink
15
Latest Updates
15
Table: Total Alcoholic Drinks Spending And Consumption (Costa Rica 2014-2020)
16
Table: Total Alcoholic Drinks Spending And Consumption (El Salvador 2014-2020)
17
Table: Total Alcoholic Drinks Spending And Consumption (Guatemala 2014-2020)
17
Table: Total Alcoholic Drinks Spending And Consumption (Honduras 2014-2020)
18
Table: Non-Alcoholic Drink Sales (Central America 2013-2020)
19
Mass Grocery Retail
22
Latest Updates
22
Structural Trends
22
Industry Risk/Reward Index
23
Latin America - Risk/Reward Index
23
Table: Latin America Food & Drink Risk/Reward Index Q316
28
Market Overview
29
Food
29
Recent Developments
29
Market Drivers & Trends
29
Drink
30
Recent Developments
30
Market Drivers & Trends
30
Mass Grocery Retail
33
Recent Developments
33
Market Drivers & Trends
33
Competitive Landscape
34
Table: Key Players In Central America's Food & Drink Sector
34
Table: Key Players In Guatemala's Mass Grocery Retail Sector
35
Table: Key Players In El Salvador's Mass Grocery Retail Sector
36
Table: Key Players In Costa Rica's Mass Grocery Retail Sector
37
Table: Key Players In Honduras' Mass Grocery Retail Sector
38
Company Profile
39
Diana Food
39
CBC
41
SABMiller
44
Florida Ice And Farm
47
Walmart de M-xico y Centroam-rica
50
Demographic Forecast
53
Demographic Outlook
53
Table: Population Headline Indicators (Costa Rica 1990-2025)
54
Table: Key Population Ratios (Costa Rica 1990-2025)
54
Table: Urban/Rural Population & Life Expectancy (Costa Rica 1990-2025)
55
Table: Population By Age Group (Costa Rica 1990-2025)
55
Table: Population By Age Group % (Costa Rica 1990-2025)
56
Demographic Outlook
58
Table: Population Headline Indicators (Guatemala 1990-2025)
59
Table: Key Population Ratios (Guatemala 1990-2025)
59
Table: Urban/Rural Population & Life Expectancy (Guatemala 1990-2025)
60
Table: Population By Age Group (Guatemala 1990-2025)
60
Table: Population By Age Group % (Guatemala 1990-2025)
61
Demographic Outlook
63
Table: Population Headline Indicators (Honduras 1990-2025)
64
Table: Key Population Ratios (Honduras 1990-2025)
64
Table: Urban/Rural Population & Life Expectancy (Honduras 1990-2025)
65
Table: Population By Age Group (Honduras 1990-2025)
65
Table: Population By Age Group % (Honduras 1990-2025)
66
Demographic Outlook
68
Table: Population Headline Indicators (El Salvador 1990-2025)
69
Table: Key Population Ratios (El Salvador 1990-2025)
69
Table: Urban/Rural Population & Life Expectancy (El Salvador 1990-2025)
70
Table: Population By Age Group (El Salvador 1990-2025)
70
Table: Population By Age Group % (El Salvador 1990-2025)
71
Glossary
73
Food & Drink
73
Mass Grocery Retail
73
Methodology
75
Industry Forecast Methodology
75
Sector-Specific Methodology
76
Sources
76
Risk/Reward Index Methodology
77
Table: Food & Drink Risk/Reward Index Indicators
78
Table: Weighting
79

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.