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Latin America Bakery Market Size to Surpass USD 9.67 Billion by 2032, at a CAGR of 1.40%

10-22-2024 12:41 PM CET | Food & Beverage

Press release from: IMARC Group

Latin America Bakery Market Size to Surpass USD 9.67 Billion

๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐๐š๐ค๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

๐๐š๐ฌ๐ž ๐˜๐ž๐š๐ซ: ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘

๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐˜๐ž๐š๐ซ๐ฌ: ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘

๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐˜๐ž๐š๐ซ๐ฌ: ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž: ๐Ÿ.๐Ÿ’๐ŸŽ% (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)

The growing focus on healthier and premium bakery products is shaping the market in Latin America. According to the latest report by IMARC Group, Latin America bakery market size reached USD 8.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 9.67 Billion by 2032, exhibiting a growth rate (CAGR) of 1.40% during 2024-2032.

๐†๐ซ๐š๐› ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/latin-america-bakery-market/requestsample

๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐๐š๐ค๐ž๐ซ๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

The Latin American bakery market is experiencing significant growth, driven by a combination of factors. Advancing consumer lifestyles, expanding urbanization, and the increasing popularity of convenience foods have all contributed to the rising demand for bakery products. In particular, bread, pastries, and cakes have become everyday staples in urban centers, fueling market expansion.

As consumers become more health-conscious, there is a growing demand for healthier bakery options. Whole grain, gluten-free, and low-sugar varieties are gaining popularity, driving innovation and product diversification. The rise of supermarkets and retail chains across the region has also played a crucial role in improving the availability of bakery products, further stimulating market growth.

The influence of Western food culture, combined with traditional baking practices, is encouraging product innovation and diversity. Manufacturers are introducing new flavors, formats, and artisanal products to cater to evolving consumer tastes and preferences. Additionally, the adoption of advanced baking technologies is improving production efficiency, extending product shelf life, and enhancing the quality of baked goods.

The COVID-19 pandemic accelerated the growth of e-commerce and online delivery platforms, making bakery products more accessible to consumers. This trend has continued to drive market expansion as manufacturers tap into digital channels to meet demand and expand their customer base.

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/checkout?id=21994&method=505

๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐๐š๐ค๐ž๐ซ๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐“๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ก๐š๐ฌ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐œ๐š๐ญ๐ž๐ ๐จ๐ซ๐ข๐ž๐ฌ:

๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— Biscuit
โ— Cookies
โ— Cream Biscuits
โ— Glucose Biscuits
โ— Marie Biscuits
โ— Non Salt Crackers Biscuits
โ— Salt Crackers Biscuits
โ— Milk Biscuits
โ— Others
โ— Bread
โ— Sandwich Breads
โ— Hamburgers
โ— Croissants
โ— Others
โ— Cakes and Pastries
โ— Packed Cupcakes
โ— Pastries
โ— Muffins
โ— Layer Cakes
โ— Donuts
โ— Swiss Roll
โ— Others
โ— Rusk

๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— Convenience Stores
โ— Supermarkets and Hypermarkets
โ— Independent Retailers
โ— Artisanal Bakeries
โ— Online
โ— Others

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— Brazil
โ— Mexico
โ— Argentina
โ— Colombia
โ— Chile
โ— Peru
โ— Others
โ— Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โ— Market Performance (2018-2023)
โ— Market Outlook (2024-2032)
โ— COVID-19 Impact on the Market
โ— Porter's Five Forces Analysis
โ— Strategic Recommendations
โ— Historical, Current and Future Market Trends
โ— Market Drivers and Success Factors
โ— SWOT Analysis
โ— Structure of the Market
โ— Value Chain Analysis
โ— Comprehensive Mapping of the Competitive Landscape

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: https://www.imarcgroup.com/latin-america-bakery-market

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐œ๐š๐ง ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

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