Meal Vouchers and Employee Benefit Solutions Market in Brazil 2024-2028

The meal vouchers and employee benefit solutions market in Brazil is forecasted to grow by USD 6.99 bn during 2023-2028, accelerating at a CAGR of 9.55% during the forecast period. The report on the meal vouchers and employee benefit solutions market in Brazil provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by tax benefits of meal vouchers in Brazil, active participation of banks in employee benefit solutions, and growing popularity of job-hopping.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	9.07%
CAGR	9.55%
Incremental Value	$6.99bn

Technavio's meal vouchers and employee benefit solutions market in Brazil is segmented as below:

By Application

Meal vouchers
Employee benefits

By Product

Non-cash voucher
Cash voucher

By Type

Book card
Digital card

This study identifies the strategic partnerships between market and meal kit delivery vendors as one of the prime reasons driving the meal vouchers and employee benefit solutions market in Brazil growth during the next few years. Also, shift toward digital meal vouchers and employee benefit solutions and growing employment rates in Brazil will lead to sizable demand in the market.

The report on the meal vouchers and employee benefit solutions market in Brazil covers the following areas:

Meal vouchers and employee benefit solutions market in Brazil sizing
Meal vouchers and employee benefit solutions market in Brazil forecast
Meal vouchers and employee benefit solutions market in Brazil industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading meal vouchers and employee benefit solutions market in Brazil vendors that include Alelo, Asinta, Axis Bank Ltd., bswift LLC, CIRFOOD s.c., Edenred SE, PayPal Holdings Inc., Rakuten Group Inc., Sodexo SA, SWILE, Up group, and Zeta Services Inc.. Also, the meal vouchers and employee benefit solutions market in Brazil analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71534

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Application
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on Brazil - Market size and forecast 2023-2028 ($ billion)
Exhibit 13: Data Table on Brazil - Market size and forecast 2023-2028 ($ billion)
Exhibit 14: Chart on Brazil: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on Brazil: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Meal vouchers and employee benefit solutions market in Brazil 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on meal vouchers and employee benefit solutions market in Brazil 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.4 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 27: Chart on Application - Market share 2023-2028 (%)
Exhibit 28: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 29: Chart on Comparison by Application
Exhibit 30: Data Table on Comparison by Application
6.3 Meal vouchers - Market size and forecast 2023-2028
Exhibit 31: Chart on Meal vouchers - Market size and forecast 2023-2028 ($ billion)
Exhibit 32: Data Table on Meal vouchers - Market size and forecast 2023-2028 ($ billion)
Exhibit 33: Chart on Meal vouchers - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Meal vouchers - Year-over-year growth 2023-2028 (%)
6.4 Employee benefits - Market size and forecast 2023-2028
Exhibit 35: Chart on Employee benefits - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Data Table on Employee benefits - Market size and forecast 2023-2028 ($ billion)
Exhibit 37: Chart on Employee benefits - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Employee benefits - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
Exhibit 39: Market opportunity by Application ($ billion)
Exhibit 40: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 41: Chart on Product - Market share 2023-2028 (%)
Exhibit 42: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 43: Chart on Comparison by Product
Exhibit 44: Data Table on Comparison by Product
7.3 Non-cash voucher - Market size and forecast 2023-2028
Exhibit 45: Chart on Non-cash voucher - Market size and forecast 2023-2028 ($ billion)
Exhibit 46: Data Table on Non-cash voucher - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Chart on Non-cash voucher - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Non-cash voucher - Year-over-year growth 2023-2028 (%)
7.4 Cash voucher - Market size and forecast 2023-2028
Exhibit 49: Chart on Cash voucher - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Data Table on Cash voucher - Market size and forecast 2023-2028 ($ billion)
Exhibit 51: Chart on Cash voucher - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Cash voucher - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product
Exhibit 53: Market opportunity by Product ($ billion)
Exhibit 54: Data Table on Market opportunity by Product ($ billion)

8 Market Segmentation by Type

8.1 Market segments
Exhibit 55: Chart on Type - Market share 2023-2028 (%)
Exhibit 56: Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Exhibit 57: Chart on Comparison by Type
Exhibit 58: Data Table on Comparison by Type
8.3 Book card - Market size and forecast 2023-2028
Exhibit 59: Chart on Book card - Market size and forecast 2023-2028 ($ billion)
Exhibit 60: Data Table on Book card - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Chart on Book card - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Book card - Year-over-year growth 2023-2028 (%)
8.4 Digital card - Market size and forecast 2023-2028
Exhibit 63: Chart on Digital card - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on Digital card - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on Digital card - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Digital card - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Type
Exhibit 67: Market opportunity by Type ($ billion)
Exhibit 68: Data Table on Market opportunity by Type ($ billion)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 70: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 71: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 72: Overview on factors of disruption
11.4 Industry risks
Exhibit 73: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 74: Vendors covered
12.2 Market positioning of vendors
Exhibit 75: Matrix on vendor position and classification
12.3 Alelo
Exhibit 76: Alelo - Overview
Exhibit 77: Alelo - Product / Service
Exhibit 78: Alelo - Key offerings
12.4 Asinta
Exhibit 79: Asinta - Overview
Exhibit 80: Asinta - Product / Service
Exhibit 81: Asinta - Key offerings
12.5 Axis Bank Ltd.
Exhibit 82: Axis Bank Ltd. - Overview
Exhibit 83: Axis Bank Ltd. - Business segments
Exhibit 84: Axis Bank Ltd. - Key offerings
Exhibit 85: Axis Bank Ltd. - Segment focus
12.6 bswift LLC
Exhibit 86: bswift LLC - Overview
Exhibit 87: bswift LLC - Product / Service
Exhibit 88: bswift LLC - Key offerings
12.7 CIRFOOD s.c.
Exhibit 89: CIRFOOD s.c. - Overview
Exhibit 90: CIRFOOD s.c. - Product / Service
Exhibit 91: CIRFOOD s.c. - Key offerings
12.8 Edenred SE
Exhibit 92: Edenred SE - Overview
Exhibit 93: Edenred SE - Business segments
Exhibit 94: Edenred SE - Key news
Exhibit 95: Edenred SE - Key offerings
Exhibit 96: Edenred SE - Segment focus
12.9 PayPal Holdings Inc.
Exhibit 97: PayPal Holdings Inc. - Overview
Exhibit 98: PayPal Holdings Inc. - Product / Service
Exhibit 99: PayPal Holdings Inc. - Key offerings
12.10 Rakuten Group Inc.
Exhibit 100: Rakuten Group Inc. - Overview
Exhibit 101: Rakuten Group Inc. - Business segments
Exhibit 102: Rakuten Group Inc. - Key offerings
Exhibit 103: Rakuten Group Inc. - Segment focus
12.11 Sodexo SA
Exhibit 104: Sodexo SA - Overview
Exhibit 105: Sodexo SA - Business segments
Exhibit 106: Sodexo SA - Key news
Exhibit 107: Sodexo SA - Key offerings
Exhibit 108: Sodexo SA - Segment focus
12.12 SWILE
Exhibit 109: SWILE - Overview
Exhibit 110: SWILE - Product / Service
Exhibit 111: SWILE - Key offerings
12.13 Up group
Exhibit 112: Up group - Overview
Exhibit 113: Up group - Product / Service
Exhibit 114: Up group - Key offerings
12.14 Zeta Services Inc.
Exhibit 115: Zeta Services Inc. - Overview
Exhibit 116: Zeta Services Inc. - Product / Service
Exhibit 117: Zeta Services Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 118: Inclusions checklist
Exhibit 119: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 120: Currency conversion rates for US$
13.4 Research methodology
Exhibit 121: Research methodology
Exhibit 122: Validation techniques employed for market sizing
Exhibit 123: Information sources
13.5 List of abbreviations
Exhibit 124: List of abbreviations