Latin America Bakery Products Market to Be Driven by Rising Preference for Ethnic Foods Over the Forecast Period 2022-2027 – Shanghaiist


Expert Market Research’s new report titled ‘Latin America Bakery Products Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027’, gives an in-depth analysis of the Bakery Products Market in Latin America, assessing the market based on its segments such as product types, distribution channels and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

Get Free Sample Report with Table of Contents –

Key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 1.5% (Brazilian retail confectionery market)

Sales of baked goods are expected to increase in the coming years due to factors such as an increasing preference for ethnic foods, changes in the flavor, texture and taste of baked goods, health consciousness and growing demand for breakfast cereals and cereals. Increased demand for bakery items such as pastries, fruit pies, doughnuts and croissants is expected to boost regional bakery sales. As a result, stores are responding to this need by producing organic baked goods, healthier breakfast foods, and “free” products to build customer loyalty and drive market growth. An increase in out-of-home consumption, an increased desire for quick and nutritious items, rapid urbanization, and an increase in the labor force are all contributing to the growth of the market.

Industry definition and major segments

Baking is the oldest baking procedure and is used to make everyday products like breads, cakes, pastries, pies, cookies, and donuts. Baked goods are made with a variety of ingredients, including rice, water, and leavening agents, depending on the grain.

Read the full report with table of contents –

By Product Type, the market is split into:

• Biscuits

o Cookies with cream
o Glucose cookies
o Marie cookies
o Milk Biscuits
o Cracker cookies without salt
o Salty Cracker Cookies
o Others

• Bread and rolls

o Artisan Bakeries
o In-store bakeries
o Wrapped

• Cakes and pastries

o Artisan Bakeries
o In-store bakeries
o Wrapped

• Rusks

o Artisan Bakeries
o In-store bakeries
o Wrapped

• Others

On the basis of distribution channel, the market is segmented into:

• Supermarkets and Hypermarkets
• Convenience stores
• Independent retailers
• Special stores
• On line
• Others

Regional markets for the product include:

• Brazil
• Argentina
• Mexico

Market trends

The market for bakery products in Latin America is estimated to grow as the market develops. The global coronavirus pandemic slowed market growth in the first half of 2020; however, the market began to recover at the end of the year thanks to the government’s efforts to ensure the continued availability of adequate, safe and nutritious food by ensuring the proper functioning of local, regional and national wholesale markets and by providing technical and financial services. aid to small and medium agro-industrial farmers. These policies should also improve food products, which would help the industry to develop. Additionally, market players are investing heavily in research and development (R&D) operations to bring organoleptically better products to market.

Main market players

Major players in the market are Grupo Bimbo, Empresas Carozzi SA, Barry Callebaut AG, Arcor Group and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

About Us

Expert Market Research (EMR) is a leading market research company with clients worldwide. Through comprehensive data collection and skillful data analysis and interpretation, the company provides its clients with comprehensive, up-to-date and actionable market insights that enable them to make informed and intelligent decisions and strengthen their position in the market. market. The customer base ranges from Fortune 1000 companies to small and medium-sized businesses.

EMR customizes syndicated reports based on client requirements and expectations. The company is active in more than 15 leading industry areas, including food and beverage, chemicals and materials, technology and media, consumer goods, packaging, agriculture and chemical products. pharmaceuticals, among others.

Over 3,000 EMR consultants and over 100 analysts work very hard to ensure that clients get only the most up-to-date, relevant, accurate and actionable information in the industry so they can formulate informed business strategies , efficient and intelligent and secure their market leadership.

Media Contact

Company name: Claight Corporation

Contact Person:- James Rowan, Business Consultant

Email: [email protected]

Toll Free: USA +1-415-325-5166 | UK +44-702-402-5790

Address: 30 North Gould Street, Sheridan, WY 82801, USA


Read more:

Global Immunotherapy Drugs Market from-2022-2027/

Global Redispersible Polymer Powder Market from-2022-2027/

Global WiGig Market

Global Defoamer Market user-industries-in-the-forecast-period-2022-2027/

Indian veterinary drug market 2022-2027/

Source link


About Author

Comments are closed.