After a decade of solid growth, Brazil's economy has slowed sharply. The fall in the value of the real has also contributed to stubborn inflation, hitting consumer confidence. Many FMCG firms continue to enjoy sales...
Earlier this week, Brazil's finance minister, Guido Mantega, admitted the country's economy was going through a "mini crisis" but said it remained "strong". GDP growth has slowed and inflation is a problem but, for all the immediate challenges, the FMCG sector and industry watchers are largely bullish about the country's prospects.
As Brazil's largest producer of biscuits and pasta, M. Dias Branco is the type of company that can provide notable insight into trading conditions in the country. just-food spoke to senior executive Geraldo Luciano Mattos about the group's recent performance and outlook for the economy.
As the fifth-largest country in the world, Brazil is simply too big a market for food retailers to ignore. And with a population of around 190m, the potential for growth and expansion in a market of this size is tremendous. However, for international retailers in the country, it has proved a tough nut to crack.
Brazil has become an exciting investment prospect for both domestic and foreign FMCG firms looking to offset weakness in other markets. Here we offer quotes from a number of firms commenting on Brazil in their recent second-quarter results.