Despite the already significant penetration of instant noodles in Ecuador, the category is expected to experience further growth over the forecast period. Increasingly hectic lifestyles, a substantial rise in single-person households, and a notable decline in the average family size are set to drive demand for products that offer enhanced convenience.
Rice is a widely used staple in Ecuadorian cuisine, nevertheless, the prevalence of packaged rice is limited due to the widespread popularity of rice sold by weight. Selling rice by weight offers greater diversity for Ecuadorian consumers, particularly since a significant portion of the population (6 out of 10 Ecuadorians) lacks stable employment and relies on daily income.
Corporación Favorita, the leading retail group in Ecuador, has been expanding its market presence by broadening its portfolio with new, directly imported brands, such as the Cecco brand, which is imported from Italy. De Cecco offers competitive prices and a unique value proposition, bringing authentic Italian flavours to the Ecuadorian market.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Rice, Pasta and Noodles industry in Ecuador with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Rice, Pasta and Noodles industry in Ecuador, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Rice, Pasta and Noodles
This is the aggregation of rice, noodles and pasta. Includes: Pre-packaged noodles. Excludes: Any noodles, pasta or rice bought loose, bulk and/or unpackaged. Excludes: Any noodle-based ready meals, which would be tracked under ready meals.
See all of our definitionsThis report originates from Passport, our Rice, Pasta and Noodles research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!