Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 292.658268544928 USD Million |
| 2019 | 303.450696178672 USD Million |
| 2020 | 286.350461047233 USD Million |
| 2021 | 290.847039746301 USD Million |
| 2022 | 298.423809456212 USD Million |
| 2023 | 308.760650433295 USD Million |
| 2024 | 321.560192141118 USD Million |
| 2025 | 336.894623893606 USD Million |
| 2026 | 354.169889442588 USD Million |
| 2027 | 373.386958043463 USD Million |
| 2028 | 395.275423810871 USD Million |
| 2029 | 418.447079723705 USD Million |
| 2030 | 443.394271101472 USD Million |
| 2031 | 470.712809727895 USD Million |
| 2032 | 499.245290715975 USD Million |
Data Source: Wantstats Repository
Market Dynamics
Brazil’s pre-packaged sandwich market is an attractive area for food production companies to focus on, due to its convenience and affordability. In 2018, the Brazilian market for pre-packaged sandwiches was worth around US$XX billion, remaining relatively static from 2017. These sandwiches are typically found in supermarkets, convenience stores, gas stations and other outlets, with the convenience stores representing the majority of outlets. The Brazilian market is mostly dominated by the two major players in pre-packaged sandwiches, Nestlé and Kraft. Together the two companies have a market share of around 60%. The other leading players in the pre-packaged sandwich market are Perdigão and Unilever. Shifting consumer preferences have been driving changes in the market for pre-packaged sandwiches. Consumers are increasingly concerned about the nutritional value of their food and are favoring healthier options, such as lower calorie breads. Additionally, consumers are increasingly looking for convenience, with pre-packaged sandwiches targeted at busy lifestyles. The trend towards healthier options has also presented opportunities for producers of pre-packaged sandwiches. Producers are now offering sandwiches with reduced calories, added vitamins and minerals, and lower levels of saturated fats.
Additionally, vegetarian and vegan options are becoming more popular, with many producers focusing on developing more plant-based options. The demand for pre-packaged sandwiches is anticipated to increase in the forecast period (2018-2032). Pre-packaged sandwiches are gaining popularity in Brazil as they are convenient, affordable and offer more variety than freshly-prepared sandwiches. The market is expected to be driven by increasing disposable incomes, shorter work hours and rise in the number of working women. In conclusion, the Brazilian pre-packaged sandwich market is expected to experience healthy growth over the forecast period, driven by an increasing focus on convenience and health, and a growing disposable income. Producers of pre-packaged sandwiches need to keep up with the ever-changing consumer preferences in order to remain competitive.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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