Regional Insight: Baked goods abound in AmericasDavid Elliott, 30 September 2009Be the first to comment on this article In this month’s look at regional trends from across the globe, we travel to Latin America and discover a region in the midst of a boom in consumer products and with a penchant for goods from the bakery Latin America is currently at the centre of an explosion in consumer products, with more than 30,000 hitting the continent’s shelves in the past year, according to Mintel’s Global New Products Database. Yet while last month’s analysis of Japan revealed that country’s love of cosmetics, Latin American tastes are more workaday, with bakery products topping the list of new category launches. For pack types, flexibles have dominated in terms of new product numbers since 2003 and account for almost a third of all new packs launched in the region in the last year, according to the database. The prevalence of bottles may not be so surprising, but it is interesting to note that cartons have the upper hand over cans – again, a trend that has persisted for several years. Top 10 new product types (number of products) Top 10 packaging types (number of variants) Source: Mintel GNPD, products launched in 12 months to September 2009 New packs
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12th February 2012
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