New Study: Grocery Retailers in Ecuador

From: Fast Market Research, Inc.
Published: Sun Mar 13 2016

With the goal of mitigating the external economic impact on Ecuador, the government decided to apply in March of 2015 a surcharge customs duty fee of between 5% and 45% which is going to be applied to products such as fruits, meats, dairy products and construction finishings amongst others that are part of the 32% share of imported products. During the first trimester of the regulation’s validity, the imports were reduced by US$360 million, which implies a reduction of 19% in contrast with the same period in 2014.

Competitive Landscape

Corporación Favorita CA held the leadership in the category with 25% current value share in 2015. Historically the company has led grocery retail due to its constant innovation in channels and processes. Currently it has more than 18 different retail formats, the most important being Supermaxi, Megamaxi, Aki, Gran Aki and Super Aki. It is important to emphasise that it also has vertical diversification companies specialised in slaughter of chickens and bovine cattle; on the other hand it is the owner of malls such as El Jardin, Multiplaza and Citymall, amongst others.

Full Report Details at

Industry Prospects

Modern grocery retailers will keep a positive tendency in front of traditional grocery retailers. It is expected that the negative effects of the import regulations will affect in a more aggressive way the traditional channel due to its lack of economies of scale.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Grocery Retailers industry in Ecuador with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Grocery Retailers industry in Ecuador, our research will save you time and money while empowering you to make informed, profitable decisions.

The Grocery Retailers in Ecuador market research report includes:

* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* How is grocery retailing performing in Ecuador?
* Are consumers switching towards more convenient grocery channels?
* Are independent and family run grocery stores coming under pressure in Ecuador?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats

About Fast Market Research

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You may also be interested in these related reports:

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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