The expansion of BRICS+ marks a pivotal shift in the global economic landscape, offering a strategic response to escalating trade tensions and mounting geopolitical uncertainty. By integrating diverse emerging markets, fostering deeper cooperation and diversifying trade routes, the growing bloc can help to enhance supply chain resilience and mitigate exposure to global risks, while its vibrant consumer base offers vast growth opportunities, fuelled by rising incomes and evolving demand.
The expansion of private label products in packaged food continues across Latin America, driven by a positive growth cycle fuelled by the uncertain and challenging macroeconomic environment, consumers’ increasing need to cut costs, the transformation of the retail landscape, and the clear business advantages retailers gain by introducing private label products. In this article we provide insights about this development.
Our Chart of the Month series provides visuals that can help you navigate economic uncertainty and make informed decisions on spending, investment, and consumer engagement. This month, we are looking at global inflation.
Your target customer—their preferences, priorities or pain points—should shape the direction of your growth and innovation strategies. You often need to sense their needs (before they do) and deliver new solutions. That’s why we identify the top global consumer trends each year. Keep reading for a look at the five biggest consumer trends in 2025.
Brazil is among the top five countries for innovation in fast moving consumer goods, according to Euromonitor International’s Passport Innovation tracker, with over 12,000 new products tracked entering the market via e-commerce in FMCG industries since 2021. International brands often choose Brazil as an entry point into the wider Latin American market.
Latin America is emerging as a key player in global consumer appliances, leading volume growth with a projected 2.7% increase for 2024. While the global industry grew by just 1% in 2024 and a modest 0.1% CAGR over 2019-2024, Latin America posted a remarkable 2.6% CAGR during the same period. This performance was driven by rapid urbanisation, rising disposable household incomes, and more frequent heatwaves.