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Brazilian Confectionery Market - Growth, Research & Trends

The report “Consumer Trends Analysis: Understanding Consumer Trends and Drivers of Behavior in the Brazilian Confectionery Market″ by Canadean are now available at RnRMarketResearch.com.

Summary

Understanding Consumer Trends and Drivers of Behavior in the Brazilian Confectionery Market provides an overview of the market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. The report highlights innovative new product developments that effectively target the most pertinent consumer need states, and offers strategic recommendations to capitalize on evolving consumer landscapes.

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 Key Findings

  • Brazilian consumers seek Confectionery products to meet their desire for Personal Space & Time
  • Sugar Confectionery accounts for the highest share of volume consumption and Chocolate will register the fastest growth in the market
  • Consumption of Confectionery is driven by the large young population – manufacturers need to ensure they are meeting their needs.
  • Women over-consume Confectionery products compared to men

 

Complete report   http://www.rnrmarketresearch.com/consumer-trends-analysis-understanding-consumer-trends-and-drivers-of-behavior-in-the-brazilian-confectionery-market-market-report.html

 Synopsis

Understanding Consumer Trends and Drivers of Behavior in the Brazilian Confectionery Market identifies the key demographic groups driving consumption, and what motivates their consumption. The report uses a unique method of quantifying consumer trends to highlight the degree of influence they have on consumption within the category. The report also identifies the most important trends within the market and shows whether beliefs over what influences consumer behavior within the category are accurate.

Table Of Contents

Definitions
Category classification and demographic definitions
Summary methodology
Canadean has identified nine mega-trends that drive food choice: these can be broken down into 20 sub-trends

Market context
Confectionery products are consumed for Fun and Enjoyment and for seeking Personal Space and Time
Brazil's Confectionery market is growing rapidly and is forecast to reach BRL46.5 billion by 2018
Sugar Confectionery constitutes 57% of the Brazilian Confectionery market in volume consumption terms
There were 24.5 billion Confectionery occasions in Brazil in 2012, with the highest occasions witnessed among Older Young Adults and Females
High value growth of the Confectionery market in Brazil is driven by rising per capita volume consumption
Brazil is one of the most attractive Confectionery markets globally in terms of volume consumption

Demographic cohort consumption patterns
Women over-consume Confectionery products more than men in Brazil
Confectionery consumption is driven by Young consumers in Brazil
Brazilian Men and Women exhibit identical Confectionery consumption frequency patterns
Mid-Lifers have the largest proportion of heavy frequency Confectionery consumption

Consumer trend analysis
Personal Space and Time is the key motivation for choosing Confectionery products in Brazil
Comparing consumer trends' influence on consumption of Confectionery products across major markets
The Changing Lifestyle mega-trend: Consumers increasingly seek Confectionery that meets their age related needs
The Connectivity mega-trend: Social media is increasingly being used by marketers to up product awareness
The Convenience mega-trend: Busy consumer lifestyles will increase the need for convenient Confectionery for snacking
The Ethics mega-trend: Ethical concerns have minimal impact on consumption of Confectionery products in Brazil
The Experience and Enjoyment mega-trend: Consumers indulgence in Confectionery products is driven by their desire to seek fun experiences
The Health and Wellness mega-trend: Health concerns have limited impact on the purchase of Confectionery products
The Individuality mega-trend: Consumers' desire to seek Personal Space and Time drives the consumption of Confectioneries in Brazil
The Trust mega-trend: Brazilian consumers need to be assured that products are trustworthy
The Value mega-trend: Better Value for Money is one of the primary factors influencing product choices in Brazil

Innovation examples
Manufacturers are innovating across categories to target the growing needs of Brazilian consumers
Global innovations on formulation and positioning can be a source of inspiration for Brazilian manufacturers

Recommended actions
Manufacturers can explore premium ranges as well as target their products towards either adults or children
Manufacturers, marketers, and retailers need to consider changing consumption patterns and marketing opportunities

 

Explore More Reports on Confectionery Market at http://www.rnrmarketresearch.com/reports/food-beverage/food/confectionery

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