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Brazil Pet Food Market- Growth, Trends, and Forecast (2019 – 2024)

Animal Nutrition & Wellness Published by: Mordor Intelligence Market: Brazil
75 pages Published: 01-07-2019
  • Animal Nutrition & Wellness
  • Mordor Intelligence
  • Brazil
  • 75 pages
  • Published: 01-07-2019

Market Overview

 

The Brazilian pet food market was valued at USD 4.93 billion in 2018 and is projected to register a CAGR of 7.54%, during the forecast period (2019-2024). As consumers become progressively more concerned about their health, particularly in relation to their diet, similar concerns about the diets of their pets is increasing significantly. Furthermore, they highly prefer natural and organic products. The drivers identified in this market are pet refinement/humanization is influencing the purchase decisions, changing the perception of the consumer toward pet health, and increasing trend of a nuclear family. The restraints identified in this market are regulations imposed on pet food.

 

Scope of the Report

 

This report defines the market in terms of end users, who purchase pet food. The end users include pet owners. The market is further analyzed and segmented, based on the product’s type, pricing, animal, ingredients, and sales channel.For the purpose of this report, the pet food purchased by pet owners have been considered for market estimations and forecast.

 

Key Market Trends

 

Pet Refinement/ Humanization is Influencing the Purchase Decisions and Therefore is Driving the Market

 

Pet humanization is a result of rising income, changing demographic patterns, and consumer preferences. There has been a shift toward pet ‘parenting’ from ‘ownership’, which influenced the purchasing decisions of pet products. Furthermore, the rise in income led to more imports of pet foods for retail sale in Brazil. Consumers demand clearly defined, clean labels due to increasing health consciousness for their pets. Currently, pet owners resolute about knowing the food constituent information of the various pet food products. As a result, some pet food companies claim transparency in the sourcing and processing of ingredients. In Brazil, many consumers are turning to dogs and cats for companionship.

 

Brazil Pet Food Market is segmented by Product into Dry Pet Food, Wet Pet Food, Treat and Snacks and Other Products

 

The dry pet food segment of the Brazilian pet food market was valued at USD 2.62 billion in 2018 and it is projected to reach a value of USD 4.11 billion by 2024, registering a CAGR of 7.8%, during the forecast period. Economy dry dog food used to be the preferred choice due to its low cost, but as disposable income of the Brazilian consumers has increased, they are spending more on convenience, health, and nutrition. The dry dog and cat foods are the most popular pet foods in the Brazilian market, as their price and convenience are attractive to the pet owners of the country.

 

Competitive Landscape

 

The Brazilian pet food market is highly consolidated, with the top five market players accounting for more than 60% of the market. The Brazilian pet food market consists of few global players, like Nestle, Mars Incorporated, Hill’s Pet Nutrition, but domestic companies also still play a major role in the market. Although the top two places of the market are occupied by multinational companies viz. Mars and Nestle, domestic companies, such as Nutriara, Total Alimentos (acquired by Neovia), and Mogiana also occupy a major share in the market. Going by the various strategies being followed in the market, it is expected that the Brazilian pet food market would take a more consolidated shape in the future.

 

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format

– Report customization as per the client’s requirements

– 3 months of analyst support

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Introduction to Market Drivers and Restraints

4.3 Market Drivers

4.4 Market Restraints

4.5 Industry Attractiveness – Porter’s Five Force Analysis

4.5.1 Bargaining Power of Suppliers

4.5.2 Bargaining Power of Buyers/Consumers

4.5.3 Threat of New Entrants

4.5.4 Threat of Substitute Products

4.5.5 Intensity of Competitive Rivalry 

5 MARKET SEGMENTATION

5.1 Product

5.1.1 Dry Pet Food

5.1.1.1 Grain Free

5.1.1.2 Other Dry Pet Food

5.1.2 Wet Pet Food

5.1.2.1 Grain Free

5.1.2.2 Other Wet Pet Food

5.1.3 Treats and Snacks

5.1.4 Other Products (Organic Products and Veterinary diets)

5.2 Pricing Type

5.2.1 Economy Segment

5.2.2 Premium Segment

5.2.3 Super-Premium Segment

5.3 Animal Type

5.3.1 Dog

5.3.2 Cat

5.3.3 Bird

5.3.4 Other Animal Types

5.4 Ingredient Type

5.4.1 Plant-derived

5.4.2 Animal-derived

5.4.3 Other Ingredient Types

5.5 Sales Channel

5.5.1 Specialized Pet Shops

5.5.2 Internet Sales

5.5.3 Hypermarkets

5.5.4 Other Sales Channels(Grocery and Non-grocery Stores)

6 COMPETITIVE LANDSCAPE

6.1 Most Adopted Competitor Strategies

6.2 Market Share Analysis

6.3 Company Profiles

6.3.1 Mars Brasil Alimentos Ltda

6.3.2 Nestle Brasil Ltda

6.3.3 Nutriara Alimentos Ltda

6.3.4 Neovia Brazil

6.3.5 Mogiana Alimentos SA

6.3.6 Hill’s Pet Nutrition

6.3.7 Cargill Alimentos Ltda (Acquired JM Smucker Operations in Brazil)

6.3.8 Royal Canin Do Brasil Industria E Commercio Ltda

6.3.9 PremieRpet Alimentos De Alta Qualidade

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

MARKET SEGMENTATION

 

Product

Dry Pet Food

Grain Free

Other Dry Pet Food

Wet Pet Food

Grain Free

Other Wet Pet Food

Treats and Snacks

Other Products (Organic Products and Veterinary diets)

 

Pricing Type

Economy Segment

Premium Segment

Super-Premium Segment

 

Animal Type

Dog

Cat

Bird

Other Animal Types

 

Ingredient Type

Plant-derived

Animal-derived

Other Ingredient Types

 

Sales Channel

Specialized Pet Shops

Internet Sales

Hypermarkets

Other Sales Channels(Grocery and Non-grocery Stores)

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Brazil Ophthalmic Devices Market – Growth, Trends, and Forecast (2019-2024)

Healthcare Published by: Mordor Intelligence Market: Brazil
69 pages Published: 01-07-2019
  • Healthcare
  • Mordor Intelligence
  • Brazil
  • 69 pages
  • Published: 01-07-2019

Market Overview

 

The Brazilian ophthalmic devices market is expected to register a CAGR of 5.3% during the forecast period. Cataract, one of the leading causes of blindness in developing countries, is widely prevalent in Brazil. The ophthalmic device market in Brazil is expected to grow, due to the presence of a universal healthcare system providing coverage for the underserved, rising number of eye-related diseases and disorders, and greater awareness among people. Furthermore, the increasing availability of new ophthalmic devices and advanced techniques are favoring the growth of the market.

 

Scope of the Report

 

As per the scope of the report, the term ophthalmic devices refers to devices that are used in ophthalmic diagnostics, monitoring, and ophthalmic surgeries along with devices used for vision correction, such as contact lenses.

 

Key Market Trends

 

Cataract Surgery Devices hold the Largest Share In Surgical Devices Segment.

 

The factors attributing to the dominance of cataract surgery devices segment are a larger patient pool, high awareness, availability of therapy, and affordability. Cataract volume has seen a rapid increase in recent years. Brazil has a universal public healthcare system (Sistema Único de Saúde – SUS) under which surgeries are provided without cost to those in need. However, despite the presence of a universal healthcare system, cataract remains the major cause of blindness in Brazil.

 

According to ECLAC’s 2014 Statistical yearbook for Latin America, the percentage of the aging population (65 + years) is expected to almost double to 13.7% by 2030, from 6.9% in 2010. The rising geriatric population is driving the cataract surgery segment, while the aging population is expected to burden all areas of healthcare. The effect is even more prominent in the case of eye diseases as such ophthalmologists provide approximately 90% of their procedure-based services to seniors. Furthermore, according to a study which analyzed the prevalence of cataract in the Sao Paulo state of Brazil, 61% of the affected people were aged 50 years or older.

 

Cataract surgery is the most frequent ophthalmic surgical procedure performed in Brazil, providing significant improvements in the quality of life to the elderly population at a low cost. High-volume cataract surgery is now carried out predominantly on a same-day basis in Brazil which is contributing to the need for technologically advanced ophthalmic surgical and diagnostic devices.

 

Competitive Landscape

 

The Brazilian ophthalmic devices market is consolidated and is highly competitive. The Brazilian market is dominated by a few global players. Most of the complex surgical, monitoring and diagnostic devices are imported from developed countries, especially from the United States. Most of the global firms have a direct presence in Brazil, with some operating through a network of local distributors.

 

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format

– Report customization as per the client’s requirements

– 3 months of analyst support

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Increasing Prevalence of Eye Diseases

4.2.2 Increasing Availability of New Techniques

4.3 Market Restraints

4.3.1 Risk Associated with Eye Surgery

4.3.2 Lack of Awareness

4.4 Porter’s Five Forces Analysis

4.4.1 Threat of New Entrants

4.4.2 Bargaining Power of Buyers/Consumers

4.4.3 Bargaining Power of Suppliers

4.4.4 Threat of Substitute Products

4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 By Device Type

5.1.1 Surgical Devices

5.1.1.1 Glaucoma Surgery Devices

5.1.1.1.1 Glaucoma Drainage Devices

5.1.1.1.2 Glaucoma Stents and Implants

5.1.1.1.3 Other Glaucoma Surgery Devices

5.1.1.2 Cataract Surgery Devices

5.1.1.2.1 Intraocular Lenses

5.1.1.2.2 Other Cataract Surgery Devices

5.1.1.3 Refractive Surgery Devices

5.1.1.3.1 Lasers

5.1.1.3.2 Other Refractive Surgical Devices

5.1.1.4 Other Surgical Devices

5.1.2 Diagnostic and Monitoring Devices

5.1.2.1 Autorefractors and Keratometers

5.1.2.2 Corneal Topography Systems

5.1.2.3 Ophthalmic Ultrasound Imaging Systems

5.1.2.4 Ophthalmoscopes

5.1.2.5 Optical Coherence Tomography Scanners

5.1.2.6 Other Diagnostic and Monitoring Devices

5.1.3 Vision Care

5.1.3.1 Spectacles Lenses

5.1.3.2 Contact Lenses

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Alcon Inc.

6.1.2 Bausch & Lomb Inc.

6.1.3 Carl Zeiss Meditec AG

6.1.4 Essilor International SA

6.1.5 HAAG-Streit Group

6.1.6 Johnson & Johnson

6.1.7 Nidek Co. Ltd

6.1.8 Topcon Corporation

6.1.9 Ziemer Ophthalmic Systems AG

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

MARKET SEGMENTATION

 

By Device Type

Surgical Devices

Glaucoma Surgery Devices

Glaucoma Drainage Devices

Glaucoma Stents and Implants

Other Glaucoma Surgery Devices

Cataract Surgery Devices

Intraocular Lenses

Other Cataract Surgery Devices

Refractive Surgery Devices

Lasers

Other Refractive Surgical Devices

Other Surgical Devices

Diagnostic and Monitoring Devices

Autorefractors and Keratometers

Corneal Topography Systems

Ophthalmic Ultrasound Imaging Systems

Ophthalmoscopes

Optical Coherence Tomography Scanners

 Other Diagnostic and Monitoring Devices

Vision Care

Spectacles Lenses

Contact Lenses

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Brazil In-vitro Diagnostics Market – Growth, Trends, and Forecast (2019 – 2024)

Healthcare Published by: Mordor Intelligence Market: Brazil
62 pages Published: 01-07-2019
  • Healthcare
  • Mordor Intelligence
  • Brazil
  • 62 pages
  • Published: 01-07-2019

Market Overview

 

Brazil is a country with a growing middle class, stabilizing the economy, increasing urban population, and a supportive government. The country is showing a major shift in the private health sector, which is a supporting factor for the IVD market. The Brazilian healthcare funding is supported by the Ministry of Health, which runs the government hospitals in the country. The rising interest of the Brazilian researchers in molecular testing technologies, prenatal screening, and point of care (POC) glucose testing are the primary factors augmenting the growth of the IVD market in Brazil. According to the National Institute of Health, the prevalence of diabetes in Brazil was around 6.3% to 13.5% in 2016. This rising prevalence of diabetes in the country is propelling the growth of the in vitro diagnostics in Brazil. Therefore, factors, such as the rising interest of the Brazilian researchers in advanced diagnostics and high prevalence of chronic diseases are contributing to the growth of the IVD market in the country.

 

Scope of the Report

 

As per the scope of this report, in vitro diagnostics involves medical devices and consumables that are utilized to perform in vitro tests on various biological samples. They are used for the diagnosis of various medical conditions, such as chronic diseases. In this report, a detailed analysis of the in vitro diagnostics market is presented, with specific attention toward diabetes and thalassemia.

 

Key Market Trends

 

Molecular Diagnostics Segment by Techniques spearheaded the market

 

Molecular diagnostic devices are used to analyze biological markers in the genome and proteome to detect pathogens or mutations. On the basis of technology used, molecular diagnostic devices can be segmented into chips and microarrays, mass spectroscopy, next-generation sequencing (NGS), polymerase chain reaction (PCR)-based methods, cytogenetic, and molecular imaging. Factors, such as large outbreaks of bacterial and viral epidemics in the world, increasing demand for point-of-care diagnostics, and rapidly evolving technology, are driving the growth of the molecular diagnostics segment. Molecular diagnostics and pharmacogenomics can be used to reduce the adverse effects and toxicity of pharmaceutical interventions, and facilitate cost-effective therapy by avoiding unnecessary expensive drugs, optimizing doses and timing, and eliminating ineffective drugs. The field is rapidly evolving and remains attractive to academia and the industry. The use of molecular diagnostic techniques in the development and subsequent administration of personalized medicine is likely to boost the market growth.

 

Competitive Landscape

 

bioMérieux, Danaher Corporation, Roche Diagnostics, Becton, Dickinson and Company, and Bio-Rad Laboratories Inc., are some of the major players in the market. The major companies are focusing on increasing technological advancements, in order to address customer needs, like fully automated systems, which reduces manual processes and consumables and also provides fast and accurate results.

 

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format

– Report customization as per the client’s requirements

– 3 months of analyst support

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 High Prevalence of Chronic Diseases

4.2.2 Increasing Use of Point-of-care (POC) Diagnostics

4.2.3 Advanced Technologies

4.2.4 Increasing Awareness and Acceptance of Personalized Medicine and Companion Diagnostics

4.3 Market Restraints

4.3.1 Stringent Regulations

4.3.2 Cumbersome Reimbursement Procedures

4.4 Porter’s Five Forces Analysis

4.4.1 Threat of New Entrants

4.4.2 Bargaining Power of Buyers/Consumers

4.4.3 Bargaining Power of Suppliers

4.4.4 Threat of Substitute Products

4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 By Technique

5.1.1 Immunochemistry

5.1.2 POC Diagnostics

5.1.3 Molecular Diagnostics

5.1.4 Hematology

5.1.5 Tissue Diagnostics

5.1.6 Microbiology

5.1.7 Self-blood Glucose Monitoring

5.1.8 Other Techniques

5.2 By Product

5.2.1 Instrument

5.2.2 Reagent

5.2.3 Data Management System

5.3 By Usability

5.3.1 Disposable IVD Devices

5.3.2 Reusable IVD Devices

5.4 By Application

5.4.1 Infectious Disease

5.4.2 Diabetes

5.4.3 Cancer/Oncology

5.4.4 Cardiology

5.4.5 Autoimmune Disease

5.4.6 Nephrology

5.4.7 Drug Testing

5.4.8 HIV/AIDS

5.4.9 Other Applications

5.5 End Users

5.5.1 Laboratory

5.5.2 Hospital

5.5.3 Academia

5.5.4 POC Testing

5.5.5 Other End Users

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Abbott Laboratories

6.1.2 Arkray Inc.

6.1.3 Becton, Dickinson and Company

6.1.4 bioMerieux

6.1.5 Bio-Rad Laboratories Inc.

6.1.6 Danaher Corporation

6.1.7 QIAGEN

6.1.8 Roche Diagnostics

6.1.9 Siemens AG

6.1.10 Thermo Fisher Scientific

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

MARKET SEGMENTATION

 

By Technique

Immunochemistry

POC Diagnostics

Molecular Diagnostics

Hematology

Tissue Diagnostics

Microbiology

Self-blood Glucose Monitoring

Other Techniques

 

By Product

Instrument

Reagent

Data Management System

 

By Usability

Disposable IVD Devices

Reusable IVD Devices

 

By Application

Infectious Disease

Diabetes

Cancer/Oncology

Cardiology

Autoimmune Disease

Nephrology

Drug Testing

HIV/AIDS

Other Applications

 

End Users

Laboratory

Hospital

Academia

POC Testing

Other End Users

 
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Brazil Food Ingredient Market – Segmented by Type, Application, and Geography (2019- 2024)

Food & Beverage Published by: Mordor Intelligence Market: Brazil
85 pages Published: 01-07-2019
  • Food & Beverage
  • Mordor Intelligence
  • Brazil
  • 85 pages
  • Published: 01-07-2019

Market Overview

 

The Brazilian food ingredients market was valued at USD 17.43 billion and is estimated to be worth USD 23.65 billion by 2024, recording a CAGR of 5.2% during the forecast period. Food ingredients are added to a variety of food products to perform various functions, such as improving overall safety and effectiveness, maintaining the nutritional value of food products, and improving taste, texture, and appearance of the final food product. The demand for synthetic food ingredients from Brazil and other South American countries is declining significantly, as consumers are adopting plant-based food ingredients. Brazilian consumers, especially the millennials, are adopting a healthier and active lifestyle, and thus, there is a significant shift in food preferences, from junk food to more natural and healthier food choices. Consumers are following the labels to get information regarding calories, total fat, cholesterol, sugar, proteins, preservatives, carbohydrate, gluten, and sodium.

 

Scope of the Report

 

Brazil is one of the largest countries in the South America region, with natural and organic food products gaining prominence the country. There is a high consumer demand for ingredients, such as fibers, whole grains, dairy ingredients, and proteins among others, as they address specific health concerns, including immune and digestive health.

 

Key Market Trends

 

Increasing Demand for Clean Label and Functional Ingredients

 

With the evolving global food economy, the demand for food products with extra value is increasing significantly. There is a rising preference for food products that are nutritious, cleaner, and natural. As a result, an increasing number of food manufacturers are developing food products that contain natural ingredients, along with minimal processing. Consumers across the Latin American markets are highly concerned about the long-term effects of the food products they consume. This trend toward the authenticity of ingredients is mounting pressure on natural key ingredients suppliers in the market. Furthermore, major manufacturers are focusing on consumer needs and preferences, including the demand for natural products. Brazilian consumers are gaining awareness about nutrition and are adopting an active and healthy lifestyle to prevent chronic ailments. This is expected to boost the demand for natural food ingredients.

 

Ancient Grains and Seeds Dominate the Market

 

Ancient grains and seeds, such as quinoa, amaranth, and chia are gaining immense popularity as ingredients among various food product manufacturers. Health and wellness trends, coupled with the popularity of superfood products, are the key factors expected to drive the growth of the market.

These ancient grains and seeds provide a number of health benefits, such as maintaining cholesterol and triglyceride levels, improving blood glucose levels, lowering blood pressure, and others. Furthermore, there are also, gluten-free options available in the ancient grains and seeds category, such as gluten-free chia seeds, gluten-free buckwheat, gluten-free quinoa, and others for those with celiac disease, thus, contributing toward the overall market for the segment in Brazil.   

 

Competitive Landscape

 

The market studied is fragmented, and includes regional and global competitors. The market is dominated by players, like Cargill Inc., Koninklijke DSM NV, AAK AB, and DuPont. There are various small and medium local players holding a significant share in the market. The leading players in the market studied enjoy a dominant presence across the country. These players focus on leveraging opportunities posed by food industries to expand their product portfolio, in order to cater to the requirements for various product segments under the food industry.

 

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format

– Report customization as per the client’s requirements

– 3 months of analyst support

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Porter Five Forces Analysis

4.4.1 Bargaining Power of Suppliers

4.4.2 Bargaining Power of Buyers

4.4.3 Threat of New Entrants

4.4.4 Threat of Substitute Products and Services

4.4.5 Degree of Competition

5 MARKET SEGMENTATION

5.1 Product

5.1.1 Ancient Grains and Seeds

5.1.2 Nuts

5.1.3 Seasoning and Spices

5.1.4 Sweeteners and Sweetening Solutions

5.1.5 Edible Oils

5.1.6 Dried Fruits and Vegetables

5.1.7 Proteins

5.1.8 Acidulates and Emulsifiers

5.1.9 Flavors, Flavor Enhancers, and Colorants

5.1.10 Other Types

5.2 Application

5.2.1 Bakery

5.2.2 Confectionery

5.2.3 Dairy

5.2.4 Snacks and Savory

5.2.5 Meat and Meat Products

5.2.6 Other Applications

6 Competitive Landscape

6.1 Most Adopted Strategies

6.2 Market Share Analysis

6.3 Company Profiles

6.3.1 Olam International

6.3.2 Cargill Incorporated

6.3.3 Koninklijke DSM NV

6.3.4 AAK AB

6.3.5 Sensient Technologies

6.3.6 Du Pont

6.3.7 Ingredion Inc.

6.3.8 Archer Daniels Midland Company�

6.3.9 Kerry

6.3.10 Tate & Lyle

6.3.11 Associated British Foods PLC

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

MARKET SEGMENTATION

 

Product

Ancient Grains and Seeds

Nuts

Seasoning and Spices

Sweeteners and Sweetening Solutions

Edible Oils

Dried Fruits and Vegetables

Proteins

Acidulates and Emulsifiers

Flavors, Flavor Enhancers, and Colorants

Other Types

 

Application

Bakery

Confectionery

Dairy

Snacks and Savory

Meat and Meat Products

Other Applications

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Brazil Returnable Transport Packaging (RTP) Market – Growth, Trends and Forecast (2019 – 2024)

Packaging Published by: Mordor Intelligence Market: Brazil
100 pages Published: 10-06-2019
  • Packaging
  • Mordor Intelligence
  • Brazil
  • 100 pages
  • Published: 10-06-2019

Market Overview

 

The Brazilian returnable transport packaging market is expected to register a CAGR of over 5.6% during the forecast period, 2019 – 2024. With this propelling packaging industry, the Brazilian government is also focusing on adopting reusable and recyclable strategies to avoid the wastage of this diverse and growing packaging industry. Wastage and disposal of packaging products can lead to environmental impacts, such as landfills.

 

The Brazilian Food and Beverage (F&B) industry is one of the most vibrant industries that has seen unprecedented growth in the recent past, and continues to expand rapidly. This can be attributed to the changing demographics, increase in disposable incomes, and urbanization, in the country. The Brazilian Supermarket Association (ABRAS) reported supermarket revenues at USD 353.2 billion in 2017, a 5.4% of the country’s GDP. This result represented an increase of 0.8% in real terms and 4.3% in nominal terms. The retail sector is made up of 89,368 stores, expanding in both size and number of stores, 0.9% and 0.4%, respectively.

Of the overall retail industry, food and grocery accounts for a significant share in revenue, in Brazil. The growth in the retail industry is due to the demands from the consumers that subsequently result in rise in production and supply. Thus, transport packaging comes into action in the food and beverage industry. Reusable plastic containers (RPCs) excel at both temperature control and product protection, delivering superior quality in the marketplace. Designed and built for transport, display, safety, and over a hundred uses each, RPCs protect quality, reduce cost, and eliminate waste; thus, propelling the food and beverage industry to generate significant opportunities for the RTP market in Brazil.

The initial costs of RTP are high. This is because initially durable and costly products, such as crates, pallets, containers, are purchased (as a higher volume needs to be purchased, and the more durable nature of the materials are used). As a result of this, many companies view returnable transport packaging as a capital investment.

The usage of RTP may also increase operational costs, including, for example, transportation, sophisticated equipment, and tracing and tracking. These may pose as barriers to the adoption and use of RTP. Furthermore, barriers to the usage of RTP could be maintenance, storage, and administration. Additionally, the management of RTP is also resource intensive.

Another disadvantage of returnable transport packaging is that there is a significantly greater upfront cost due to the materials used, as well as the requirement for additional inventory to ensure that there is sufficient for use in all parts of the supply chain. However, the frequency of return and reuse drives the return on investment. The more times a returnable package is used, the greater are the long-term savings. Over time, a returnable package may save a considerable amount of money, when compared to a one-time or limited-use package.

 

Scope of the Report

 

Brazil has been a promising country for the global and Latin American packaging companies that are looking to expand their market presence in the country. The Brazilian packaging market is the fifth-largest in the world, with Brazil being the seventh-largest economy in the world, by nominal GDP. Moreover, there has been a constant growth in the Brazilian packaging market, from 2011 to 2016, due to a combination of various factors, like rising urbanization, investments in the construction sector, and the expansion of the healthcare sector.

 

Key Market Trends

 

Barrels and Drums is Expected to Register a Significant Growth

 

Drums and barrels are cylindrical containers that are used for shipping bulk cargo. They are primarily used in the transportation of liquid chemicals and handlings, such as hazardous chemicals, oils, petroleum, gasoline, liquefied natural gas (LNG), and liquid nitrogen. Industries, such as food and beverage, chemicals, oil and gas, etc., are mainly focusing on strengthening their supply chain capabilities, in order to deal with the increasing demand.

 

The country’s oil production, particularly, is contributing to the growth of the market studied, as oil transport mostly uses barrels. The volume of liquid bulk cargo handled by ports in Brazil decreased from 598.95 million metric ton in 2014 to 99 million metric ton in 2016, and 89.91 million metric ton during first half of 2017, as reported by the Brazilian Ministry of Transport.

 

Thus, as the oil and gas industry has been facing challenges, in terms of revenue, due to recovery from an economic downturn, companies are adopting sustainable solutions to reduce maintenance and transportation costs. Metals and plastics are the predominant materials used for forming drums and barrels. For food, grains and grocery, food-grade drums are manufactured using the best grade material and modern machinery that adhere to international standards, at the vendors’ end.

 

These drums are extensively used by numerous industries, for exporting their products to other countries. While food-grade drums and barrels are for the use of long-term food packaging, food safety grade barrels are for recycled drums, such that they do not contain toxic or harmful chemicals. Plastic drums and barrels are used for food products, as they do not react with food content, unlike metal barrels.

 

Further, pharmaceutical, chemicals, and wine manufacturers are demanding cost-effective, lightweight, yet durable packaging solutions for all their bulk liquid packaging needs, thereby, contributing to the demand for barrels and drums.

 

Increase in the Number of Retail Establishments

 

The Brazilian consumer good industry is one of the fastest-growing applications for returnable transport packaging. A considerable increase in the number of retail establishments and average number of goods provided by the retailers is increasing the demand for RTP solutions, in both intra-logistics and transport applications. The Brazilian supermarket sector alone recorded a turnover of BRL 353.2 billion in 2017, thus, indicating a nominal growth of 4.3%, when compared to 2016. (Brazilian Association of Supermarkets (ABRAS)). This growth and increasing e-commerce activities create a significant potential for the growth of the market studied.

 

The e-commerce sector is one of the largest users of RTP solutions, in the country. With over 68% internet penetration and over 52 million online shoppers in the country, e-commerce is increasing, thus, becoming a popular channel for the sales of consumer goods. In addition, there is a considerable increase in the number of cross-border e-commerce activities, in the country. In 2017 alone, about 22.4 million customers (41% of total e-shoppers in Brazil) purchased cross-border goods online, indicating an increase of 6%, when compared to 2016.

 

When compared to regular purchases, cross-border purchases involve more logistics operations, thus, leading to an immense demand for returnable transport packaging solutions, in the Brazilian e-commerce and retail industry. Over the forecast period, the increasing number of online shoppers (87 million by 2020) and considerable economic growth in the country are expected to bolster the retail activity, and subsequently, the demand for RTP solutions.

 

The downside scenario of the market would include Brazil not showing significant recovery from its economic crisis suffered in 2013, due to which the GDP and spending power of consumers may further drop. Because of limited consumer spending, sales of smartphones and other high-end products could face a frugal demand. This will lead to limited e-commerce sales as well. In such a case, the CAGR for this sector may range between 2-2.7%.

 

Competitive Landscape

 

The Brazilian returnable transport packaging market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with prominent share in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market shares and profitability. The companies operating in the market are also acquiring start-ups working on Brazilian returnable transport packaging technologies, in order to strengthen their product capabilities. In January 2018, Packaging company, Crown Holdings Inc., acquired Signode Industrial Group Holdings Ltd from Carlyle Group LP, in a deal valued at USD 3.91 billion.

 

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1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Introduction to Market Drivers and Restraints

4.3 Market Drivers

4.3.1 Growing Food and Beverage Sector in Brazil to Propel Demand For RTP

4.3.2 Long-term Cost Benefits Associated With RTP

4.4 Market Restraints

4.4.1 Relatively Higher Initial Costs Remain a Concern in Some Parts of the Country

4.5 Value Chain / Supply Chain Analysis

4.6 Industry Attractiveness- Porter’s Five Forces Analysis

4.6.1 Threat of New Entrants

4.6.2 Bargaining Power of Buyers/Consumers

4.6.3 Bargaining Power of Suppliers

4.6.4 Threat of Substitute Products and Services

4.6.5 Intensity of Competitive Rivalry 

4.7 Technology Snapshot

4.7.1 Types of Circulation Systems

5 MARKET SEGMENTATION

5.1 By Material

5.1.1 Plastic

5.1.2 Metal

5.1.3 Wood

5.2 By Product

5.2.1 Containers

5.2.2 Pallets

5.2.3 Drums and Barrels

5.2.4 Other Products

5.3 By Application

5.3.1 Automotive

5.3.2 Food and Beverages

5.3.3 Consumer Goods

5.3.4 Other Applications

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Kuehne-Nagel Servicos Logisticos

6.1.2 Polymer Logistics NV

6.1.3 Chep Brazil

6.1.4 Nefab Embalagens LTDA

6.1.5 Signode Brasileira LTDA

6.1.6 IFCO Systems do Brasil Packing Services LDA

6.1.7 Orbis Corporation

6.1.8 Mugele Do Brasil LTDA

6.1.9 SSI Schaefer LTDA

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

8 INVESTMENT ANALYSIS

MARKET SEGMENTATION

 

By Material

Plastic

Metal

Wood

 

By Product

Containers

Pallets

Drums and Barrels

Other Products

 

By Application

Automotive

Food and Beverages

Consumer Goods

Other Applications

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