Brazil - The Future of Foodservice to 2027

“Brazil Foodservice Market Size and Trends by Profit and Cost Sector Channels, Players and Forecast to 2027” provides extensive insight and analysis of the Brazil Foodservice market over the next five years (2022-27) and acts as a vital point of reference for operators or suppliers.

The Brazil profit sector’s revenue reached BRL399.7 billion ($77.4 billion) in 2022, declining at a negative compound annual growth rate (CAGR) of 2.4% from 2017 to 2022. The economy was weighed down by COVID-19 restrictions in 2020 and 2021, and by the high inflation in 2022. The low wages and unfavorable credit policies adversely impacted overall consumption and foodservice sales in 2022. The profit sector is expected to revive and register a value CAGR of 12.3% during 2022-27. The number of transactions will register a CAGR of 6.2%, while the number of outlets will rise at a CAGR of 3%.

The report includes:

• Overview of Brazil's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the Brazil foodservice market including GDP per capita, consumer price index, population growth, and annual household income distribution.
• Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, coffee & tea shop, and pub, club & bar) within the Brazil foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.
• Customer segmentation: Identify the most important demographic groups, buying habits, and motivations that drive out-of-home meal occasions among segments of the Brazil population.
• Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.

Scope

• The Brazil profit sector’s revenue reached BRL399.7 billion ($77.4 billion) in 2022, declining at a negative compound annual growth rate (CAGR) of 2.4% from 2017 to 2022. In 2022, QSR was the largest channel in the Brazilian foodservice profit sector, with a 31.4% share of total sales. FSR was the second-largest channel, accounting for 25.2% of the sector’s sales. Furthermore, the QSR channel led the profit sector in terms of the number of outlets, with 360,534 in total. It was followed by the Pub, club, & bar and mobile operator channels. During 2022-27, the mobile operator channel will lead the sector in terms of outlet number growth, posting a CAGR of 8.7%. It will be followed by the FSR and QSR channels, which will register CAGRs of 4.7% and 4.5%, respectively.

Reasons to Buy

• Specific forecasts of the foodservice market over the next five years (2022-27) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
• Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, coffee & tea shop, and pub, club & bar) will allow readers understand the wants and needs of their target demographics.