Opportunities in the Latin American Spirits Sector: Analysis of Opportunities Offered by High Growth Economies

NEW YORK, Nov. 6, 2017 /PRNewswire/ --

Opportunities in the Latin American Spirits Sector: Analysis of Opportunities Offered by High Growth Economies



Read the full report: https://www.reportlinker.com/p05175901



Summary
Global spirits sector is expected to grow from US$62,569.5 Million in 2016 at a CAGR of 8.7% till 2021. In volume terms, the sector is expected grow to 36,038.1 Million liters by 2021 at a CAGR of 7.1%. The Latin American spirits sector is expected to reach to an approximate value of US$40,000 Million in 2021, growing at a CAGR of 4.2%.

Brazil is the largest market for spirits in terms of both value and volume in 2016. In terms of growth, Colombia is expected to witness fastest value CAGR, while Peru is estimated to register the fastest volume CAGR of 9.4% during 2016-2021. The specialty spirits market was the largest in the Latin American spirits sector and is expected to grow to US$17,615.7 Million by 2021.

Food & drinks specialists represented the leading channel for sales of spirits in the region, accounting for 33.1% volume share in 2016, followed by hypermarkets & supermarkets with 24.8% share. Among the high potential countries, hypermarkets & supermarkets held the highest distribution share in Peru with 33.9% of total volume sales, followed by Brazil, where the channel accounted for 27.4% share in 2016.

Latin America region is moderately fragmented with the top five brands - Cachaca 51, Velho Barreiro, Pitu, Caninha Da Roca, and Ypióca - accounting for 21.4% volume share in 2016. Private label products accounted for a volume share of 2.4% in the same year.

The report "Opportunities in the Latin American Spirits Sector", brings together multiple data sources to provide a comprehensive overview of the Latin American spirits sector.

In particular, this report provides the following -
- Sector overview: Provides an overview of the sector size, value, and volume growth analysis, across regions.
- Change in consumption: Analysis on the shift in consumption of spirits by markets across key countries in the Latin America region.
- High potential countries: Provides risk-reward analysis of the top four high potential countries in the Latin America region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
- Country analysis: Provides deep-dive analysis of four high potential countries covering value growth during 2016-2021, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
- Brand Analysis: Provides an overview of leading brands in the Latin America region, besides analyzing the growth of private labels in the region.
- Key distribution channels: Provides analysis on the leading distribution channels for spirits across the key countries in the Latin America region in 2016. It covers six distribution channels - on-trade, hypermarkets & supermarkets, convenience stores, food & drinks specialists, e-retailers, and others that include - other retailers, "dollar stores", variety stores & general merchandise retailers, department stores, vending machines.
- Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging material, pack type, closure type, and primary outer type based on the volume sales (by pack units) of spirits.

Companies mentioned in this report: Diageo Plc, IRB Tatuzinho 3 Fazendas Ltda, Pernod Ricard SA, Engarrafamento Pitu Ltda., Industria De Bebidas Paris Ltda, Davide Campari-Milano S.p.A., Private Label, Bacardi Limited, Oncinha Beverage Factory, Fábrica de Licores de Antioquia.

Scope
This report brings together multiple data sources to provide a comprehensive overview of the Latin American Spirits sector.

It includes analysis on the following -
- Sector overview: Provides overview of the sector size, value and volume growth analysis, across regions
- Change in consumption: Analysis on the shift in consumption of Spirits by markets across the key countries in the Latin American region.
- High potential countries: Provides Risk-Reward analysis of top 4 high potential countries in the Latin American region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure
- Country analysis: Provides deep-dive analysis of 4 high potential countries covering value growth during 2016-2021, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
- Brand analysis: Provides an overview of leading brands in the Latin American region, besides analyzing the growth of Private Label products in the region.
- Key distribution channels: Provides analysis on the leading distribution channels for Spirits across the key countries in the Latin American region, in 2016. It covers these distribution channels - hypermarkets & supermarkets, convenience stores, food & drinks specialists, dollar stores, which include variety stores & general merchandisers and others, which includes cash & carries & warehouse clubs and others.
- Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (units) of Spirits.

Reasons to buy
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates

Read the full report: https://www.reportlinker.com/p05175901

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