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Country Profile: Prepared Meals sector in Venezuela

Country Profile: Prepared Meals sector in Venezuela

  • March 2017
  • 71 pages
  • ID: 4826813
In this report:
It was followed by Film closures, which grew at a CAGR of ##.##% during 2011-2016 and is expected to grow at a CAGR of ##.##% during 2016-2021.
The value of Health & Wellness claims in the Pizza market is expected to decline from US$##.## million in 2016 to US$##.## million in 2021 declining at a CAGR of ##.##% during 2016-2021.
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Summary

Table of Contents

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Country Profile: Prepared Meals sector in Venezuela

Brief

The per capita consumption of Prepared Meals in Venezuela remains very low when compared to the overall and North American levels. Of the three markets, Ready Meals is the leading market in the Venezuelan Prepared Meals sector. The Prepared Meal sector in the country is highly fragmented, while Rigid Plastic remains the commonly used packaging material. Convenience Stores is the leading distribution channel for Prepared Meals in the country.

GlobalData's Country Profile report on the Prepared Meals sector in Venezuela offers business insights on high growth categories to target, forecasts in the usage of packaging materials, types and closures category level distribution data and brands market shares.

Other key elements:

- Market data: Overall market value and volume data with growth analysis for 2016-2021

- Category coverage: Value and growth analysis for Meal Kits, Pizza and Ready Meals with inputs on individual segment share within each category and the change in their market share forecast for 2016-2021

- Key players: Market share of brands and private labels, containing private label growth analysis from 2011-2016

- Distribution data: Value shares within each category through channels including Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists and more

- Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for flexible packaging, rigid plastics, rigid metal and others; container data for: film, trays, tubs, foils and others.

Overview

- The Prepared Meals sector in Venezuela is anticipated to grow at a CAGR (Compound annual growth rate) of 4.80 percent during 2016-2021.

- Venezuela's GDP per capita grew at a compound annual growth rate (CAGR) of 82.70 percent during 2011-2016.

Great reasons to purchase

- Identify high plausible categories and explore farther market opportunities established on exhaustive value and volume analysis

- Existing and new competitors can analyze top distribution channels to identify and evaluate forecasts and alternatives

- Gain an understanding of the global ambitious landscape established on in-depth brand share analysis to plan effective market positioning

- Manufacturers can identify the opportunities to position products with H&W attributes/benefits

- Access the key and most influential consumer trends driving Prepared Meals products consumption, and how they influence consumer behavior in the industry which will help determine the best audiences to target

- Our team of analysts have placed a meaningful emphasis on changes expected in the sector that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion

- The packaging analysis report benefits manufacturers, in identifying the most commonly used packaging materials in the sector

- Analysis on main macro-economic indicators including GDP per capita, population (global and breakdown by age), and consumer price index. It also covers a comparable analysis of political, economic, socio-demographic, and technological indicators across 50 countries.

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