Snacks in Ecuador

June 2023 | 60 pages | ID: S9B4EFAEADE9EN
Euromonitor International Ltd

Abstracts

Snacks is heavily dependent on everyday impulse purchases in Ecuador. Confectionery, ice cream, sweet biscuits and savoury snacks are all largely procured through the traditional channel, which relies heavily on consumer footfall outside of the home. In contrast to most other regional economies, inflation in Ecuador has remained relatively stable. The US dollar is the official currency in Ecuador, which has helped to stabilise prices. Inflation has still risen, but to a lesser extent than in oth...

Euromonitor International's Snacks 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: Confectionery, Ice Cream, Savoury Snacks, Sweet Biscuits, Snack Bars and Fruit Snacks.

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

Why buy this report?

• Get a detailed picture of the Snacks 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

SNACKS IN ECUADOR
EXECUTIVE SUMMARY
Snacks in 2023: The big picture
Key trends in 2023
Competitive Landscape
Channel developments
What next for snacks?
MARKET DATA
Table 1 Sales of Snacks by Category: Volume 2018-2023
Table 2 Sales of Snacks by Category: Value 2018-2023
Table 3 Sales of Snacks by Category: % Volume Growth 2018-2023
Table 4 Sales of Snacks by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Snacks: % Value 2019-2023
Table 6 LBN Brand Shares of Snacks: % Value 2020-2023
Table 7 Penetration of Private Label by Category: % Value 2018-2023
Table 8 Distribution of Snacks by Format: % Value 2018-2023
Table 9 Forecast Sales of Snacks by Category: Volume 2023-2028
Table 10 Forecast Sales of Snacks by Category: Value 2023-2028
Table 11 Forecast Sales of Snacks by Category: % Volume Growth 2023-2028
Table 12 Forecast Sales of Snacks by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
CHOCOLATE CONFECTIONERY IN ECUADOR
KEY DATA FINDINGS
2023 DEVELOPMENTS
Consumption normalises in chocolate confectionery post-pandemic
European brands improve sales as import tariffs reduce
Local start-ups bring high-quality chocolate to the fore
PROSPECTS AND OPPORTUNITIES
Health-conscious consumers to drive demand for dark chocolate
Social media pushes the inclusion of dark chocolate in the diet
Growing demand for artisanal, sustainable and ethical chocolate
CATEGORY DATA
Table 13 Sales of Chocolate Confectionery by Category: Volume 2018-2023
Table 14 Sales of Chocolate Confectionery by Category: Value 2018-2023
Table 15 Sales of Chocolate Confectionery by Category: % Volume Growth 2018-2023
Table 16 Sales of Chocolate Confectionery by Category: % Value Growth 2018-2023
Table 17 Sales of Chocolate Tablets by Type: % Value 2018-2023
Table 18 NBO Company Shares of Chocolate Confectionery: % Value 2019-2023
Table 19 LBN Brand Shares of Chocolate Confectionery: % Value 2020-2023
Table 20 Distribution of Chocolate Confectionery by Format: % Value 2018-2023
Table 21 Forecast Sales of Chocolate Confectionery by Category: Volume 2023-2028
Table 22 Forecast Sales of Chocolate Confectionery by Category: Value 2023-2028
Table 23 Forecast Sales of Chocolate Confectionery by Category: % Volume Growth 2023-2028
Table 24 Forecast Sales of Chocolate Confectionery by Category: % Value Growth 2023-2028
GUM IN ECUADOR
KEY DATA FINDINGS
2023 DEVELOPMENTS
Impulse consumption continues to recover post-pandemic
Gum faces strong competition from other innovative snack categories
Trident launches bigger presentations for sharing occasions
PROSPECTS AND OPPORTUNITIES
Changing consumer preferences towards sugar-free gum
Widespread distribution is key to gum sales
Investment required to reinvigorate category performance
CATEGORY DATA
Table 25 Sales of Gum by Category: Volume 2018-2023
Table 26 Sales of Gum by Category: Value 2018-2023
Table 27 Sales of Gum by Category: % Volume Growth 2018-2023
Table 28 Sales of Gum by Category: % Value Growth 2018-2023
Table 29 Sales of Gum by Flavour: Rankings 2018-2023
Table 30 NBO Company Shares of Gum: % Value 2019-2023
Table 31 LBN Brand Shares of Gum: % Value 2020-2023
Table 32 Distribution of Gum by Format: % Value 2018-2023
Table 33 Forecast Sales of Gum by Category: Volume 2023-2028
Table 34 Forecast Sales of Gum by Category: Value 2023-2028
Table 35 Forecast Sales of Gum by Category: % Volume Growth 2023-2028
Table 36 Forecast Sales of Gum by Category: % Value Growth 2023-2028
SUGAR CONFECTIONERY IN ECUADOR
KEY DATA FINDINGS
2023 DEVELOPMENTS
Sugar confectionery recovers after the pandemic
Pastilles, gummies, jellies and chews thrives from innovation
Sugar confectionery remains heavily dependent on seasonality
PROSPECTS AND OPPORTUNITIES
Healthier options required to meet changing consumer needs
Constant innovation will nurture confectionery sales
Devaluation of currencies in neighbouring countries poses challenges for local brands
CATEGORY DATA
Table 37 Sales of Sugar Confectionery by Category: Volume 2018-2023
Table 38 Sales of Sugar Confectionery by Category: Value 2018-2023
Table 39 Sales of Sugar Confectionery by Category: % Volume Growth 2018-2023
Table 40 Sales of Sugar Confectionery by Category: % Value Growth 2018-2023
Table 41 Sales of Pastilles, Gummies, Jellies and Chews by Type: % Value 2018-2023
Table 42 NBO Company Shares of Sugar Confectionery: % Value 2019-2023
Table 43 LBN Brand Shares of Sugar Confectionery: % Value 2020-2023
Table 44 Distribution of Sugar Confectionery by Format: % Value 2018-2023
Table 45 Forecast Sales of Sugar Confectionery by Category: Volume 2023-2028
Table 46 Forecast Sales of Sugar Confectionery by Category: Value 2023-2028
Table 47 Forecast Sales of Sugar Confectionery by Category: % Volume Growth 2023-2028
Table 48 Forecast Sales of Sugar Confectionery by Category: % Value Growth 2023-2028
SWEET BISCUITS, SNACK BARS AND FRUIT SNACKS IN ECUADOR
KEY DATA FINDINGS
2023 DEVELOPMENTS
On-the-go consumption strengthens post-pandemic
Back-to-school trend boosts sales
Nestl?’s Galletas Amor innovates with flavours to maintain relevancy
PROSPECTS AND OPPORTUNITIES
Healthier options are likely to gain prominence in forthcoming period
Affordability will remain pressing issue for brands
Hard discounters look to reshape the category
CATEGORY DATA
Table 49 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2018-2023
Table 50 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2018-2023
Table 51 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2018-2023
Table 52 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2018-2023
Table 53 NBO Company Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2019-2023
Table 54 LBN Brand Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2020-2023
Table 55 NBO Company Shares of Sweet Biscuits: % Value 2019-2023
Table 56 LBN Brand Shares of Sweet Biscuits: % Value 2020-2023
Table 57 NBO Company Shares of Snack Bars: % Value 2019-2023
Table 58 LBN Brand Shares of Snack Bars: % Value 2020-2023
Table 59 NBO Company Shares of Fruit Snacks: % Value 2019-2023
Table 60 LBN Brand Shares of Fruit Snacks: % Value 2020-2023
Table 61 Distribution of Sweet Biscuits, Snack Bars and Fruit Snacks by Format: % Value 2018-2023
Table 62 Distribution of Sweet Biscuits by Format: % Value 2018-2023
Table 63 Distribution of Snack Bars by Format: % Value 2018-2023
Table 64 Distribution of Fruit Snacks by Format: % Value 2018-2023
Table 65 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2023-2028
Table 66 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2023-2028
Table 67 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2023-2028
Table 68 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2023-2028
ICE CREAM IN ECUADOR
KEY DATA FINDINGS
2023 DEVELOPMENTS
Impulse consumption continues to recover as negative factors disappear
Take-home ice cream remains popular after pandemic boost
Two key players take majority of retail share
PROSPECTS AND OPPORTUNITIES
Take-home consumption expected to grow in modern channel
Impulse consumption to stabilise in years ahead
Plant-based ice cream to grow from niche base
CATEGORY DATA
Table 69 Sales of Ice Cream by Category: Volume 2018-2023
Table 70 Sales of Ice Cream by Category: Value 2018-2023
Table 71 Sales of Ice Cream by Category: % Volume Growth 2018-2023
Table 72 Sales of Ice Cream by Category: % Value Growth 2018-2023
Table 73 NBO Company Shares of Ice Cream: % Value 2019-2023
Table 74 LBN Brand Shares of Ice Cream: % Value 2020-2023
Table 75 Distribution of Ice Cream by Format: % Value 2018-2023
Table 76 Forecast Sales of Ice Cream by Category: Volume 2023-2028
Table 77 Forecast Sales of Ice Cream by Category: Value 2023-2028
Table 78 Forecast Sales of Ice Cream by Category: % Volume Growth 2023-2028
Table 79 Forecast Sales of Ice Cream by Category: % Value Growth 2023-2028
SAVOURY SNACKS IN ECUADOR
KEY DATA FINDINGS
2023 DEVELOPMENTS
Ready-to-eat popcorn thrives as new players enter category
Out-of-home lifestyles boost impulse consumption
Consumer concerns about fat and salt content gains importance
PROSPECTS AND OPPORTUNITIES
Healthy options as a way to appeal consumers
Affordability is key to future growth
Nuts, seeds and trail mixes increase in the modern channel
CATEGORY DATA
Table 80 Sales of Savoury Snacks by Category: Volume 2018-2023
Table 81 Sales of Savoury Snacks by Category: Value 2018-2023
Table 82 Sales of Savoury Snacks by Category: % Volume Growth 2018-2023
Table 83 Sales of Savoury Snacks by Category: % Value Growth 2018-2023
Table 84 NBO Company Shares of Savoury Snacks: % Value 2019-2023
Table 85 LBN Brand Shares of Savoury Snacks: % Value 2020-2023
Table 86 Distribution of Savoury Snacks by Format: % Value 2018-2023
Table 87 Forecast Sales of Savoury Snacks by Category: Volume 2023-2028
Table 88 Forecast Sales of Savoury Snacks by Category: Value 2023-2028
Table 89 Forecast Sales of Savoury Snacks by Category: % Volume Growth 2023-2028
Table 90 Forecast Sales of Savoury Snacks by Category: % Value Growth 2023-2028