Brazilian food service market grows 10% per year.

From: South American Business Information | Date: December 13, 1999 | Copyright information

The Brazilian food service market generates annual sales of US$17bil. It grows between 8.5% and 10% per year and represents 25% of the global food industry, which will generate sales of US$71.3bil this year. Bunge's Santista is investing R$2mil to develop 30 new food service products. Half of those products were launched last November, while the other ones will be launched next February. At present the food service area generates 30% of the company's turnover, but with the n...

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