The forecast period from 2024 to 2029 suggests that the Ecuador savory snacks market will see a slight growth trajectory, with an anticipated increase of USD 55.1 million and a CAGR of around 3.4%. In Ecuador, the savory snacks market is experiencing growth, driven by a rising middle class and changing consumer habits. As urbanization continues, the demand for convenient and affordable snack options is increasing, with products such as chips, pretzels, and nuts gaining popularity. Ecuadorian consumers are also becoming more health-conscious, contributing to the demand for healthier alternatives, such as baked snacks and those made with natural ingredients. Local snacks, such as roasted peanuts and plantain chips, remain an important part of the market alongside international snack trends.
The report provides a comprehensive analysis of the Ecuador savory snacks industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging material and distribution channel. The insights gained from this evaluation help reveal the growth potential within the savory snacks sector.
Market Segmentation
The segmentation of the Ecuador savory snacks market is outlined below:
Product type: corn and tortilla chips, nuts and seeds, popcorn, potato chips, puffed snacks, savoury biscuits and crackers, others
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, grocery stores, general merchant stores, e-commerce, others
The Ecuador savory snacks market is segmented by product type, packaging material and distribution channel. In terms of product type, the market is segmented into corn and tortilla chips, nuts and seeds, popcorn, potato chips, puffed snacks, savoury biscuits and crackers, and others. Packaging material segments cover flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, grocery stores, general merchant stores, e-commerce, and others.
Competitive Landscape
The competitive landscape of the industry has been analyzed, featuring profiles of major players such as PepsiCo Inc., Mondelez International Inc., Kellanova, Grupo Superior, Grupo Nutresa S.A., Grupo Bimbo S.A.B. de C.V., Cris Alimentos, Colombina SA and Arca Continental S.A.B. de C.V.
This report presents an extensive analysis of major entities in the savory snacks market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Ecuador savory snacks market.
Gain in-depth analysis and forecasts for the key segments of the Ecuador savory snacks market: product type, packaging material and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Ecuador savory snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Ecuador savory snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Ecuador Savory Snacks Market – Product Type Analysis
Ecuador Savory Snacks Market – Packaging Material Analysis
Ecuador Savory Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– PepsiCo, Inc.
– Mondelez International Inc.
– Kellanova
– Grupo Superior
– Grupo Nutresa S.A.
– Grupo Bimbo, S.A.B. de C.V.
– Cris Alimentos
– Colombina SA
– Arca Continental S.A.B. de C.V.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Ecuador Savory Snacks Market 2019-2029
Chart Ecuador Savory Snacks Market, Net Growth, 2019-2029
Chart Ecuador Savory Snacks Market, Growth Rates, 2019-2029
Table Ecuador Savory Snacks Market by Product Type, 2019-2029
Chart Ecuador Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Ecuador Savory Snacks Market by Product Type, 2019-2029
Table Ecuador Savory Snacks Market by Packaging Material, 2019-2029
Chart Ecuador Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2019-2029
Chart Ecuador Savory Snacks Market by Packaging Material, 2019-2029
Table Ecuador Savory Snacks Market by Distribution Channel, 2019-2029
Chart Ecuador Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Ecuador Savory Snacks Market by Distribution Channel, 2019-2029
Table Ecuador Savory Snacks Market Share (%), by Companies, 2019-2023
Chart Ecuador Savory Snacks Market, by Companies, 2023
Table Ecuador Savory Snacks Market Share (%), by Brands, 2019-2023
Chart Ecuador Savory Snacks Market, by Brands, 2023
Table Ecuador – Population (Millions) and Forecast
Table Ecuador – Consumer Price Index (CPI) and Forecast
Table Ecuador – Gross Domestic Product and Forecast
Table Ecuador Savory Snacks Market: Spend as a Proportion of GDP (%)
Table Ecuador Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
PepsiCo, Inc.
Mondelez International Inc.
Kellanova
Grupo Superior
Grupo Nutresa S.A.
Grupo Bimbo, S.A.B. de C.V.
Cris Alimentos
Colombina SA
Arca Continental S.A.B. de C.V.