Recent Study: Packaged Food in Brazil
Packaged food was set to record double-digit growth in value terms in Brazil in 2012. The strong growth was driven in part by rising prices of commodities such as sugar, wheat flour, soybeans and cocoa. The increasing sales of specific products in bakery, dairy and confectionery also played an important role in the performance of packaged food as consumers, in particular from lower-income brackets, are increasingly interested in trying new and different products.
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