Cooking Ingredients and Meals in Ecuador

November 2023 | 41 pages | ID: CED884E4D090EN
Euromonitor International Ltd

Abstracts

Cooking ingredients and meals experienced strong growth during the COVID-19 pandemic as consumers spent more time cooking meals at home. Since the sharp spike in retail volume sales in 2020, retail consumption has gradually normalized, with consumers resuming their usual activities outside of their homes. In 2023, retail volume sales of cooking ingredients and meals continue to normalise.

Euromonitor International's Cooking Ingredients and Meals in Ecuador report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Cooking Ingredients and Meals market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Cooking Ingredients and Meals in Ecuador
Euromonitor International
November 2023
List Of Contents And Tables
COOKING INGREDIENTS AND MEALS IN ECUADOR
EXECUTIVE SUMMARY
Cooking ingredients and meals in 2023: The big picture
Key trends in 2023
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
MARKET DATA
Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
Table 7 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
Table 8 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
EDIBLE OILS IN ECUADOR
KEY DATA FINDINGS

2023 DEVELOPMENTS

Edible oil prices stabilise in 2023
Retailer’s strategies aid volume growth in olive oil
Palm oil production continues to decline
PROSPECTS AND OPPORTUNITIES
El Ni?o impacts palm oil production and causes price fluctuations
High oleic palm has potential to reduce dependence on imported oils
Price constraints hinder widespread use of sunflower and olive oil
CATEGORY DATA
Table 12 Sales of Edible Oils by Category: Volume 2018-2023
Table 13 Sales of Edible Oils by Category: Value 2018-2023
Table 14 Sales of Edible Oils by Category: % Volume Growth 2018-2023
Table 15 Sales of Edible Oils by Category: % Value Growth 2018-2023
Table 16 NBO Company Shares of Edible Oils: % Value 2019-2023
Table 17 LBN Brand Shares of Edible Oils: % Value 2020-2023
Table 18 Distribution of Edible Oils by Format: % Value 2018-2023
Table 19 Forecast Sales of Edible Oils by Category: Volume 2023-2028
Table 20 Forecast Sales of Edible Oils by Category: Value 2023-2028
Table 21 Forecast Sales of Edible Oils by Category: % Volume Growth 2023-2028
Table 22 Forecast Sales of Edible Oils by Category: % Value Growth 2023-2028
MEALS AND SOUPS IN ECUADOR
KEY DATA FINDINGS

2023 DEVELOPMENTS

Dry soup leads with strong penetration in the traditional channel
Shelf stable soups limited by higher price positioning
Popularity of foodservice limits demand for ready meals
PROSPECTS AND OPPORTUNITIES
Younger generations to consume less soup in upcoming period
Ready meals consumption shows growth potential
Ready meals has an opportunity to respond to specialist dietary preferences
CATEGORY DATA
Table 23 Sales of Meals and Soups by Category: Volume 2018-2023
Table 24 Sales of Meals and Soups by Category: Value 2018-2023
Table 25 Sales of Meals and Soups by Category: % Volume Growth 2018-2023
Table 26 Sales of Meals and Soups by Category: % Value Growth 2018-2023
Table 27 LBN Brand Shares of Meals and Soups: % Value 2020-2023
Table 28 Distribution of Meals and Soups by Format: % Value 2018-2023
Table 29 Forecast Sales of Meals and Soups by Category: Volume 2023-2028
Table 30 Forecast Sales of Meals and Soups by Category: Value 2023-2028
Table 31 Forecast Sales of Meals and Soups by Category: % Volume Growth 2023-2028
Table 32 Forecast Sales of Meals and Soups by Category: % Value Growth 2023-2028
SAUCES, DIPS AND CONDIMENTS IN ECUADOR
KEY DATA FINDINGS

2023 DEVELOPMENTS

Retailers expand range of private label on offer
Sumesa SA faces financial challenges creating opportunities for other players
Rising consumption of barbecue sauces
PROSPECTS AND OPPORTUNITIES
Mustard faces solid growth prospects
Expansion of hard discounters is opportunity for private label
Unlocking sales potential in dips and pickled products
CATEGORY DATA
Table 33 Sales of Sauces, Dips and Condiments by Category: Volume 2018-2023
Table 34 Sales of Sauces, Dips and Condiments by Category: Value 2018-2023
Table 35 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2018-2023
Table 36 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2018-2023
Table 37 NBO Company Shares of Sauces, Dips and Condiments: % Value 2019-2023
Table 38 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2020-2023
Table 39 Distribution of Sauces, Dips and Condiments by Format: % Value 2018-2023
Table 40 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2023-2028
Table 41 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2023-2028
Table 42 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2023-2028
Table 43 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2023-2028
SWEET SPREADS IN ECUADOR
KEY DATA FINDINGS

2023 DEVELOPMENTS

Corporaciуn El Rosado makes chocolate spreads more accessible
Local flavours drive the growth of jams and preserves
Holistic approach to wellness benefits honey consumption
PROSPECTS AND OPPORTUNITIES
Sugar content is a challenge for the category
Premium, gourmet and organic products are key growth opportunities
Development of healthier and nutritious options provides growth opportunities
CATEGORY DATA
Table 44 Sales of Sweet Spreads by Category: Volume 2018-2023
Table 45 Sales of Sweet Spreads by Category: Value 2018-2023
Table 46 Sales of Sweet Spreads by Category: % Volume Growth 2018-2023
Table 47 Sales of Sweet Spreads by Category: % Value Growth 2018-2023
Table 48 NBO Company Shares of Sweet Spreads: % Value 2019-2023
Table 49 LBN Brand Shares of Sweet Spreads: % Value 2020-2023
Table 50 Distribution of Sweet Spreads by Format: % Value 2018-2023
Table 51 Forecast Sales of Sweet Spreads by Category: Volume 2023-2028
Table 52 Forecast Sales of Sweet Spreads by Category: Value 2023-2028
Table 53 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2023-2028
Table 54 Forecast Sales of Sweet Spreads by Category: % Value Growth 2023-2028