After Grupo Lala decided to close the operations of its dairy production plant in Costa Rica, a debate began over whether Dos Pinos' dominance in the local market was due to protectionist policies or to the brand positioning, quality and price of its products.
On October 22nd, Nestle inaugurated its new 21,000 square meter distribution center located in the municipality of Villa Nueva, Guatemala, a project that required an investment of close to $11 million.
At the beginning of March of this year CentralAmericaData reported that the construction of the new industrial park, which has logistic services for the import and export of finished products, storage, distribution of products to supermarket chains, wholesalers and retailers, was expected to be completed in August 2020.
In the municipality of Villa Nueva, Nestlé began the construction of a new distribution center of 12 thousand square meters.
The construction of the new industrial park, which will have logistics services for import and export of finished products, storage, distribution of products to supermarket chains, wholesalers and retail, will be completed in August 2020.
Due to the fact that preference for "vegetable" or plant-based meat is growing quickly in major global markets, food industry business groups have begun to make investments to meet this novel and growing market niche.
Foods that were once considered the exclusive consumption of vegans or vegetarians are now becoming popular, and in the case of the United States, in supermarkets it is increasingly normal to see meat products made from plants.
It is estimated that Pricesmart S.A., Del Monte S.A. and Nestlé S.A. account for around 18% of the market share in the import of fruit and vegetable preparations.
Data from the “Corporate System of Companies” platform, from the Trade Intelligence unit of CentralAmericaData, provides details on the companies according to sector, main activity, volume and data of their imports, exports and other relevant data.
Alimentos y Bebidas Atlántida in Guatemala, Mayca in Costa Rica and Nestlé Panama, are part of the companies reporting the highest numbers of purchases of food preparations in Central America.
An analysis of CentralAmericaData's Trade Intelligence unit provides details on the companies according to sector, main activity, volume and value of their imports, exports and other relevant data.
In the food preparation business, it is estimated that Alimentos para Animales S.A. and ADM Guatemala Ltd. represent about 23% of the market share.
Data from the "Corporate System of Companies" platform compiled by the Trade Intelligence Unit at CentralAmericaData provides details on the companies according to sector, main activity, volume and value of their imports, exports and other relevant data.
In the business of different food preparations, it is estimated that Kris Food Processor, Kerns Food Industries and Malher concentrate about 13% of the market share.
Data from the report "Company's Corporate System", complied by the Business Intelligence Unit at CentralAmericaData, provides details on company information based on sector, main activity, imports, exports, contracts granted by the government and other data.
With the expansion carried out by Nestlé at its plant in the Dominican Republic, the company will have the capacity to produce 12,000 containers for ultra-pasteurized products per hour.
Representatives from the company reported that with the investment of $10 million made in its new line of flexible packaging, the plant located in San Francisco de Macoris will have the capacity to produce 12,000 containers per hour for ultra-pasteurized products.
Nestlé has announced that the growth plan in the Dominican Republic, which began in 2016 and will extend for four more years, includes a total investment of $130 million.
Creation of new products, innovation in the factories' production lines and the introduction of new brands in the country are part of the growth strategy that the food company envisages for the Dominican Republic.
The Nestlé company invested $20 million in Panama in its new distribution center and $75 million in a purchasing hub.
According to representatives from Nestlé, the new distribution center is located in Parque Sur and the investment allowed them to increase their logistics capacity by 40%, and the shopping hub is located in Costa del Este. From there a group of buyers will acquire different categories of Nestlé products for all countries.
The global food company may have chosen the country to set up a purchasing center in order to meet demand from the entire Latin American region.
According Anpanama.com review, the minister Augusto Arosemena announced that the food company Nestle has opened a regional purchasing center in Panama.
In the article Arosemena said that "... 'They (Nestle) currently have two regional centers of this kind, one in Switzerland and one in Malaysia.
The T9 variety of tomato seed, which comes from a cross between a hybrid and a Creole tomato, obtained the best performance per hectare in the 2013-2014 agricultural season.
Using the T9 seed, which provides fruits weighing nearly a pound and yields over a thousand quintals per hectare, industrial tomato farmers in the Panamanian province of Los Santos managed to harvest 8,400 tons of tomatoes in the recently concluded season increasing their production by 33.3 % compared to the agricultural cycle 2012-2013.
The increase in the purchasing power of consumers explains the growth of this market segment, which in the last five years has doubled its size.
From a statement issued by the Costa Rican Foreign Trade Promotion Office:
It is estimated that the market for chocolate in Chile reached about USD 528 million in 2013, growing at average annual rates of close to 4% in volume and 8% in value.
Organic and natural pet foods are the most in demand globally.
Natural and organic pet food has had great growth in the market. Between 2002-2012 premium brands increased their share by 68%, according to statistics provided by Euromonitor International.
From an article by the Costa Rican Foreign Trade Promotion Office (PROCOMER):
Greater awareness of health issues is affecting pet owners who are opting for organic or natural pet foods made from fresh products and which do not contain preservatives.