New market study, "Central America Food & Drink Report Q1 2015", has been published

From: Fast Market Research, Inc.
Published: Tue Jan 06 2015

The economic trajectory for the region remains divergent. Despite our expectations for slower real GDP growth in Panama in the next several years, it will remain the regional outperformer. On the other hand, we have a more mixed outlook for growth in the 'northern triangle' countries. While they will likely benefit from improved agricultural yields and stronger US demand for manufactured goods, Guatemala, Honduras and El Salvador are still vulnerable to significant structural macroeconomic weaknesses.

Headline Industry Data (regional averages)

* 2014 per capita food consumption (USD) = +4.82%; forecast compound annual growth rate (CAGR) 2013 to 2018 = +4.18%.
* 2014 alcoholic drink sales (litres) = +4.41%; forecast CAGR 2013 to 2018 = +2.30%.
* 2014 soft drink sales (litres) = +5.01%; forecast CAGR 2013 to 2018 = +2.71%.
* 2014 mass grocery retail sales (USD) = +6.13%; forecast CAGR 2013 to 2018 = +5.19%.

Full Report Details at

Key Company Trends

Kamuk Diversifies Product Range: In autumn 2014, Costa Rica-based sauce manufacturer, Alimentos Kamuk, announced plans to build a production plant as the company expands its product range. Part of local agribusiness company Grupo Pelon, Kamuk exports over three quarters of its sauces to the US and neighbouring Central American countries. The project has secured finance from German investment fund DEG and will involve Kamuk extending its range into products such as pasta sauces and jams. There have also been press reports that Kamuk, in conjunction with Grupo de Alimentacion Calvo, is to export to Europe under a private brand banner.

Florida Ice A nd Farm Moves I nto Craft Beer: In autumn 2014, Costa Rican drinks company Florida Ice and Farm confirmed that the company is to invest in creating a small craft beer manufacturing and distribution business. The introductory brand is to be called Domingo 7. According to officials at the company, the entry into this sector by Florida Ice and Farm is in response to the growing...

The Central America Food & Drink Report features Business Monitor International (BMI)'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

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