Latin America Pastries Market was worth USD 4.9 billion in 2021 and estimated to be growing at a CAGR of 2.2%, to reach USD 5.47 billion by 2026.
Pastry is a dough of flour, water and shortening that may be savoury or sweetened. Sweetened pastries are often described as bakers' confectionery.
The word "pastries" refer to many kinds of baked products that are made from ingredients such as flour, sugar, milk, butter, baking powder, shortening, and eggs. The pastry varies from bread by having a higher fat content, which contributes to a flaky or crumbly texture.
The Latin America Pastries market is driven by the rising demand, increase in urbanization leading to higher availability of bakeries. However, health concerns are a major factor restraining market growth. Therefore, to attract the health conscious populace, the vendors introduced healthier varieties with lesser fat content. Also, the rapid growth in home baking also acts as a restraint on market growth as it reduces the demand for packaged pastries.
The Latin America Pastries market is segmented on the basis of taste, sales and by distribution channels. On the basis of taste, the market is segmented into sweet and savoury. On the basis of sales, the market is further categorised into packaged pastries and artisanal and in-store bakeries. On the basis of distribution channel, the market is distributed among online sales, supermarkets/hypermarkets, convenience stores and others.
Geographically the Latin America Pastries Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. The huge rise in spending in the Pastries market has increased the demand in the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of large customer base with rising disposable incomes is set to drive the market in the foreseeable future.
Key Players in the Market:
Major Key Players in the Latin America Pastries 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
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 Taste
5.1.1 Introduction
5.1.2 Sweet
5.1.3 Savory
5.1.4 Y-o-Y Growth Analysis, By Taste
5.1.5 Market Attractiveness Analysis, By Taste
5.1.6 Market Share Analysis, By Taste
5.2 Sales
5.2.1 Introduction
5.2.2 Packaged Pastries
5.2.3 Artisanal and In-store Bakeries
5.2.4 Y-o-Y Growth Analysis, By Sales
5.2.5 Market Attractiveness Analysis, By Sales
5.2.6 Market Share Analysis, By Sales
5.3 Distribution Channel
5.3.1 Introduction
5.3.2 Online Sales
5.3.3 Supermarkets/Hypermarkets
5.3.4 Convenience Stores
5.3.5 Others
5.3.6 Y-o-Y Growth Analysis, By Distribution Channel
5.3.7 Market Attractiveness Analysis, By Distribution Channel
5.3.8 Market Share Analysis, By Distribution Channel
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 Geographical Area
6.1.3.2 By Taste
6.1.3.3 By Sales
6.1.3.4 By Distribution Channel
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Taste
6.1.4.3 By Sales
6.1.4.4 By Distribution Channel
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Taste
6.1.5.3 By Sales
6.1.5.4 By Distribution Channel
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
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 American Baking Company
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 Aryzta
8.3 BreadTalk
8.4 Britannia
8.5 Edeka
8.6 Edwards
8.7 Edwards Cake & Candy Supplies
8.8 Finsbury
8.9 George Weston
8.10 Groupo Bimbo
8.11 Hillshire Brands
8.12 Hostess Brands
8.13 McKee Foods
8.14 Monginis
8.15 Mulino bianco
8.16 Pepperidge Farm
8.17 Tyson Foods
8.18 Yamazaki Baking
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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