Argentina Food & Drink Report 2015 - New Market Research Report

From: Fast Market Research, Inc.
Published: Thu Dec 11 2014


Argentina's struggling economy, plagued by high inflation and ongoing currency devaluation, will continue to have a negative impact on the country's food and drink sector. After considerable sales decline (in USD terms) in 2014, the industry is expected to enter the path of slow recovery throughout the rest of our forecast period to 2018. Nonetheless, the improvement will be negligible in 2015 with the risks lying firmly to the downside.

Headline Industry Data

* Total food consumption (local currency) growth year-on-year (y-o-y) in 2014: +15.0%; compound annual growth rate (CAGR) to 2018: +9.5%
* Total food consumption (USD) growth (y-o-y) in 2014: -7.2%; CAGR to 2018: +0.9%
* Per capita food consumption (local currency) growth (y-o-y) in 2014: +14.1%; CAGR to 2018: +8.6%
* Per capita food consumption (USD) growth (y-o-y) in 2014: -8.0%; CAGR to 2018: +0.0%
* Alcoholic drinks sales (local currency) growth (y-o-y) in 2014: +17.2%; CAGR to 2018: +9.3%
* Alcoholic drinks sales (USD) growth (y-o-y) in 2014: -5.4%; CAGR to 2018: +0.7%
* Alcoholic drinks volume sales (litres) growth (y-o-y) in 2014: +2.4%; CAGR to 2018: +1.4%
* Soft drinks sales (local currency) growth (y-o-y) in 2014: +18.9%; CAGR to 2018: +12.4%
* Soft drinks sales (USD) growth (y-o-y) in 2014: -4.1%; CAGR to 2018: +3.6%
* Mass grocery retail sales (local currency) growth year-on-year (y-o-y) in 2014: +16.9% CAGR to 2018: +11.8%
* Mass grocery retail sales (USD) growth (y-o-y) in 2014: -5.7%; CAGR to 2018: +3.1%

Full Report Details at
- http://www.fastmr.com/prod/912243_argentina_food_drink_report_2015.aspx?afid=301

Key Industry Trends & Developments

Finlays Buys Casa Fuentes : In September 2014, Finlays bought Argentina's largest tea estate company Casa Fuentes to ensure the supply of black tea, which is highly sought after by ready-to-drink tea brands in the US. Casa Fuentes, with an annual production capacity of 27mn kilograms of black teas a year, operates 2,000 hectares of plantations and five factories equipped with tea processing, grading, blending, packaging, storage and export...

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