Latin America Dried Processed Food Market was worth USD 32.38 billion in 2021 and estimated to be growing at a CAGR of 5.23%, to reach USD 41.78 billion by 2026.
Food preservation by drying of food inhibits the growth of bacteria since water is removed from it, and this method has been used for many centuries for preserving food. This market is primarily driven by busy lifestyles which primarily solves the purpose of convenience of food preparation.
Dried processed foods like noodles and pasta are staple foods in many countries around the globe. Need for leisure and busy lifestyles of consumers has driven the use of such convenience foods like dried pasta and noodles, dried ready meals and several other dried processed foods which require less time for preparation. These dried foods have unique flavour and taste, good nutritional value, and high convenience which makes them an important diet.
The driving factors of Latin America dried processed food market are longer shelf-life, rising popularity of ready-to-cook foods, demand for high-quality convenience foods, changing lifestyles and dietary habits and low price. The key restraints faced by this market are high manufacturing and production cost involvement and loss of nutrients as well the lost original taste of products.
The dried processed food market is divided on the basis of drying technology into freeze dried, spray dried, sun dried, Vacuum dried, hot air dried and others. On the basis of product types, the market is segmented into dried soup, pasta and noodles, dried ready meals, dessert mixes and others. In the Latin America market, pasta and noodles segment has the largest market share which is followed by dried soup.
Geographically the Latin America Dried Processed Food Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. Factors such as need for leisure and busy lifestyles of consumers is expected to propel the market growth in the region.
Key Players in the Market:
Major Key Players in the Latin America Dried Processed Food Market are
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Drying Technology
5.1.1 Freeze Dried
5.1.2 Spray Dried
5.1.3 Sun Dried
5.1.4 Vacuum Dried
5.1.5 Hot Air Dried
5.1.6 Other Drying Technologies
5.1.5 Y-o-Y Growth Analysis, By Drying Technology
5.1.6 Market Attractiveness Analysis, By Drying Technology
5.1.7 Market Share Analysis, By Drying Technology
5.2 Product Types
5.2.1 Dried Soup
5.2.2 Pasta and Noodles
5.2.3 Dried Ready Meals
5.2.4 Dessert Mixes
5.2.5 Other Product Types
5.2.6 Y-o-Y Growth Analysis, By Product Types
5.2.7 Market Attractiveness Analysis, By Product Types
5.2.8 Market Share Analysis, By Product Types
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Drying Technology
6.1.3.2 By Product Types
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Drying Technology
6.1.4.2 By Product Types
6.1.5 Market Share Analysis
6.1.5.1 By Drying Technology
6.1.5.2 By Product Types
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Ajinomoto
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Kraft
8.3 Heinz
8.4 Nestlé
8.5 Nissin Foods
8.6 Unilever
8.7 Acecook Vietnam
8.8 B&G Foods
8.9 Campbell
8.10 ConAgra Foods
8.11 CJ Group
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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