Brazil: Food Service - Hotel Restaurant Institutional
Link to report:
The Brazilian economy continues to grow at a modest pace. In 2018 the Brazilian food service industry registered a 5 percent increase compared to the previous year, reaching R$428.5 billion (US$117 billion). According to food service operators, Brazil has a solid food service industry which is becoming more dynamic. The performance of online delivery platforms and changes on nutritional habits will likely change the profile of the industry. In the near future, new trade agreements may also play a key role. After twenty years of negotiations, Mercosul and Brazil concluded a trade deal to be ratified. The current government has also demonstrated willingness to negotiate a trade agreement with the United States.
