Latin America Bakery Product Market, 2019-2025
Latin America Bakery Product Market, 2018-2025 (US$M)
Global Market
Related Markets
Latin America bakery product market highlights
- The Latin America bakery product market generated a revenue of USD 21,516.1 million in 2019.
- The market is expected to grow at a CAGR of 2% from 2020 to 2025.
- In terms of segment, cakes & pastries was the largest revenue generating product in 2019.
- Cakes & Pastries is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2025.
Latin America data book summary
| Market revenue in 2019 | USD 21,516.1 million |
| Market revenue in 2025 | USD 24,196.8 million |
| Growth rate | 2% (CAGR from 2019 to 2025) |
| Largest segment | Cakes & pastries |
| Fastest growing segment | Cakes & Pastries |
| Historical data covered | 2018 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bread & Rolls, Cakes & Pastries, Cookies, Tortillas, Pretzels |
| Key market players worldwide | The Kraft Heinz Co, Nestle SA, Grupo Bimbo SAB de CV ADR, Britannia Industries, General Mills Inc, Associated British Foods PLC, Campbell Soup Co |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.4% of the global bakery product market in 2019.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 55,564.3 million by 2025.
Central & South America bakery product market is likely to witness significant growth owing to the key driving factors such as growing working population owing to changing lifestyles, rise in disposable income, has spurred CSA market. Furthermore, rising awareness regarding diet & health among consumers is estimated to drive the demand for sugar-free, less additive, and fat-free bakery products.
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Bakery Product Market
Bakery Product Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nestle SA | View profile | 270,000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | www.nestle.com |
| Associated British Foods PLC | View profile | 133,000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | www.abf.co.uk |
| Campbell Soup Co | View profile | 14,500 | 1 Campbell Place, Camden, NJ, United States, 08103-1799 | www.campbellsoupcompany.com |
| General Mills Inc | View profile | 34,000 | Number One General Mills Boulevard, Minneapolis, MN, United States, 55426 | www.generalmills.com |
| The Kraft Heinz Co | View profile | 36,000 | One PPG Place, Pittsburgh, PA, United States, 15222 | www.kraftheinzcompany.com |
| Grupo Bimbo SAB de CV ADR | View profile | 148,868 | Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Mexico, MEX, Mexico, 01210 | www.grupobimbo.com |
| Britannia Industries | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | britannia.co.in/ |
Latin America Bakery Product Market
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Bakery Product Market will help companies and investors design strategic landscapes.
Cakes & Pastries was the largest segment with a revenue share of 27.98% in 2019.
Horizon Databook has segmented the Latin America bakery product market based on bread & rolls, cakes & pastries, cookies, tortillas, pretzels covering the revenue growth of each sub-segment from 2018 to 2025.
Central & South America bakery product market is likely to witness significant growth owing to the key driving factors such as growing working population owing to changing lifestyles, rise in disposable income, has spurred CSA market. Furthermore, rising awareness regarding diet & health among consumers is estimated to drive the demand for sugar-free, less additive, and fat-free bakery products.
- Latin America Bakery Product Market Product Outlook (Revenue, USD Million , 2018-2025)
- Bread & Rolls
- Cakes & Pastries
- Cookies
- Tortillas
- Pretzels
- Others
- Latin America Bakery Product Market Distribution Channel Outlook (Revenue, USD Million , 2018-2025)
- Hypermarket & Supermarket
- Convenience Store
- Specialty Stores
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Bakery Product Market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Bakery Product Market from 2018 to 2025, including revenue numbers, major trends, and company profiles.
Latin America Bakery Product Market, 2018-2025 (US$M)
Latin America bakery product market statistics, by product, 2018-2025 (US$M)
