- Packs are set to see 17% unit volume CAGR in powder milk, while 1kg packs will see 4% CAGR. Larger multipacks of six will see a strong performance in yogurt and dairy desserts, with 5% CAGR and 4% CAGR respectively in unit volume terms.
- Shelf stable milk, shaped liquid cartons and PET bottles are notably likely to see 12% CAGR and 8% retail volume CAGR respectively.
- With the Brazilian economy expected to return to slow growth in the forecast period, the shift away from less convenient pack types is expected to continue. Flexible plastic will struggle as a result and is expected to see 12% retail volume decline in milk and 34% decline in drinking yogurt. This pack type is set to remain strong in powder milk, with 3% unit volume CAGR.
- Easy-open can ends will see 7% unit volume CAGR and plastic dispensing closures will see a similar growth rate. Within cream, aerosol sprays will see over 6% retail volume CAGR.
- Glass is set to see 4% unit volume CAGR as it is used to convey a premium and natural image. A particularly strong performance is expected in pasta sauces with 7% CAGR.
- Stand-up pouches are expecting 7% unit volume CAGR in pasta sauces. Many consumers will likely to opt for stand-up pouches, while buying premium pasta sauces in glass as an occasional treat.
- PET bottles gained over HDPE bottles in sauces, dressings and condiments, but PET bottles expect 2% unit volume CAGR in comparison to 3% CAGR for HDPE bottles.
- Metal lug and screw closures will have 4% and 6% unit volume CAGR respectively.
- Oven-ready packaging will be a strong trend in frozen processed meat and should expand into frozen processed seafood.
- Aluminium/plastic pouches will see 9% retail volume CAGR in processed meat and seafood.
- Confectionery will see players focus heavily on packaging innovation with limited edition packs and flavors and opulent, distinctive designs.
- Flexible plastic will remain the dominant pack type used for confectionery, accounting for 63% share and see 11% unit volume growth in countlines and 4% growth in tablets.
- Stand-up pouches are key success story in processed fruit and due to low production and distribution costs and strong preservation qualities and will thus see a 10% retail volume CAGR from a low base, and a stronger 11% CAGR in frozen processed potatoes.
- Metal food cans will see sluggish growth, with an increase of 2% in comparison to 12% growth during the review period. This pack type accounts for 56% unit volume share in overall processed fruit and vegetables 2021
- Within shelf stable vegetables, bulk 500g packs will see retail volume CAGR of 15%, while single-portion 70g packs will perform with 4% CAGR.
- Metal screw closures will see 3% retail volume CAGR, albeit from a low sales base.
- Stand-up pouches will see 16% unit volume CAGR in dried baby food and prepared baby food, particularly for 150g and 180g sizes, which will see 15% and 16% CAGR respectively in dried baby food in the forecast period, while 113g single-portion pouches will see 11% CAGR in prepared baby food.
- Within milk formula, metal tins will see below-average growth at 3% CAGR. Glass jars will continue to dominate prepared baby food but will see just 2% CAGR.
- Within powder milk formula, 1.1kg packs will see the strongest performance in metal tins, with 6% unit volume CAGR.
Disclaimer
This database attempts to compile data from numerous sources. Users should be aware that because different sources are used, there could be errors or omissions. The user accepts that the information is only intended to be an initial reference. The user understands that there is no assurance that this reference material is error free, and that no one involved in compiling or distributing this reference material shall be liable for any damages arising out of its use. Commercially important information should be rechecked and verified with knowledgeable parties in the country of interest.