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Argentina Food & Drink Report 2008 Published by BUSINESS MONITOR INTERNATIONAL LTD Argentina Food & Drink Report 2008 Including 5-year industry forecasts © 2008 Business Monitor International. All rights reserved. ISSN: 1749-2572 All information, analysis, forecasts and data provided by Business Monitor International Ltd is for the exclusive use of subscribing persons or organisations (including those using the service on a trial basis). All such content is copyrighted in the name of Business Monitor International, and as such no part of this content may be reproduced, repackaged, copied or redistributed without the Business Monitor International express consent of Business Monitor International Ltd. Mermaid House, 2 Puddle Dock London EC4V 3DS UK All content, including forecasts, analysis and opinion, has been based on information and sources Tel: +44 (0)20 7248 0468 believed to be accurate and reliable at the time of publishing. Business Monitor International Fax: +44 (0)20 7248 0467 Ltd makes no representation of warranty of any kind as to the accuracy or completeness of any email: [email protected] information provided, and accepts no liability whatsoever for any loss or damage resulting from web: http://www.businessmonitor.com opinion, errors, inaccuracies or omissions affecting any part of the content. Argentina Food & Drink Report 2008 Including 5-year industry forecasts by BMI Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Publication Date: January 2008 Business Monitor International © 2008 Business Monitor International. Mermaid House, All rights reserved. 2 Puddle Dock, London, EC4V 3DS, All information contained in this publication is UK copyrighted in the name of Business Monitor Tel: +44 (0) 20 7248 0468 International, and as such no part of this publication Fax: +44 (0) 20 7248 0467 may be reproduced, repackaged, redistributed, resold in Email: [email protected] whole or in any part, or used in any form or by any Web: http://www.businessmonitor.com means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. DISCLAIMER All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Business Monitor International makes no representation of warranty of any kind as to the accuracy or completeness of any information hereto contained. Argentina Food and Drink Report 2008 © Business Monitor International Ltd Page 2 Argentina Food and Drink Report 2008 CONTENTS Executive Summary .........................................................................................................................................7 Business Environment ....................................................................................................................................8 Regional Food & Drink Business Environment Ratings ............................................................................................................................................. 8 Table: Latin America Food & Drink Business Environment Ratings – Q108 ...................................................................................................... 10 Argentina’s Food & Drink Business Environment Rating ................................................................................................................................... 10 SWOT Analysis ......................................................................................................................................................................................................... 12 Mass Grocery Retail ............................................................................................................................................................................................ 12 Argentina Mass Grocery Retail Industry SWOT .................................................................................................................................................. 12 Food and Drink ................................................................................................................................................................................................... 13 Argentina Food And Drink Industry SWOT ......................................................................................................................................................... 13 Macroeconomic Outlook........................................................................................................................................................................................... 14 Table: Economic Activity..................................................................................................................................................................................... 16 Retail................................................................................................................................................................17 Regional Overview: The Expansion of Mass Grocery Retailing ............................................................................................................................... 17 Table: Latin American MGRs’ Share In Food Retailing - 2006........................................................................................................................... 17 Table: Latin America’s Top Ten Regional MGRs, 2006 ...................................................................................................................................... 19 Table: Latin America: Estimated Concentration And Multinationalisation Of MGRs - 2006.............................................................................. 20 Industry Forecast Scenario....................................................................................................................................................................................... 23 Table: Sales Value by Format in Argentina's Mass Grocery Retail Sector - Historical Data & Forecasts (US$bn) ........................................... 24 Table: Sales Breakdown by Retail Format Type - 2006 & 2016.......................................................................................................................... 24 Industry Developments.............................................................................................................................................................................................. 24 Market Overview ...................................................................................................................................................................................................... 26 Table: Structure of Argentina's Mass Grocery Retail Sector by Estimated Number of Outlets............................................................................ 29 Table: Structure of Argentina's Mass Grocery Retail Market - Sales by Format (US$bn)................................................................................... 29 Table: Average Annual Sales Value by Format (US$mn) - 2006......................................................................................................................... 29 Food And Drink ..............................................................................................................................................30 Drink Regional Overview: Coffee Consumption In Latin America ........................................................................................................................... 30 Table: Latin America – Leading Coffee Producers By Country........................................................................................................................... 31 Table: Latin America – Actual And Projected Coffee Production, Exports And Imports..................................................................................... 32 Table: Latin America – Domestic Coffee Consumption, 2006-2007 .................................................................................................................... 34 Food Regional Overview: Confectionery in Latin America ...................................................................................................................................... 36 Table: Latin America – Estimated Confectionery Sales by Sub-Sector (US$mn)................................................................................................. 36 Table: Latin American Confectionery Producers Ranked Among the World's 100, 2006 .................................................................................... 37 Industry Forecast Scenario....................................................................................................................................................................................... 42 Food .................................................................................................................................................................................................................... 42 Table:
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