Market Overview:
The Latin America extruded snack food market is expected to exhibit a CAGR of 4.37% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Extruded snack food is generally processed via the process of food extrusion. It includes numerous food products, including corn curls and puffs, onion rings, breakfast cereals, macaroni, processed cheese, and bread. These snacks are usually prepared using multiple ingredients, such as wheat, corn, tapioca, potatoes, oats, and rice, that are subjected to high temperature and pressure in order to produce extruded snacks.
Latin America Extruded Snack Food Market Trends:
The market in Latin America is primarily driven by significant growth in the food and beverages sector. Along with this, key players across the region are heavily investing in launching extruded snacks that are processed using natural and dairy-free ingredients, especially for diet-conscious consumers. This, in turn, is creating a positive outlook for the market. Moreover, the changing dietary preferences and lifestyle patterns of the masses are also providing an impetus to the market growth. Some of the other factors contributing to the market growth across the region include the innovative marketing strategies adopted by leading players, inflating disposable incomes levels of individuals and the easy product availability via online and offline distribution channels.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America extruded snack food market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type and distribution channel.
Breakup by Type:
- Potato
- Corn
- Rice
- Tapioca
- Mixed Grains
- Others
Breakup by Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Food Stores
- Online Retail
- Others
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Distribution Channel, Country |
| Region Covered |
Brazil, Mexico, Argentina, Colombia, Chile, Peru |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Latin America extruded snack food market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Latin America extruded snack food market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Latin America extruded snack food market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Latin America Extruded Snack Food Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Potato
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Corn
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Rice
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Tapioca
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Mixed Grains
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Supermarkets/Hypermarkets
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Convenience Stores
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Specialty Food Stores
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Online Retail
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Country
8.1 Brazil
8.1.1 Market Trends
8.1.2 Market Breakup by Type
8.1.3 Market Breakup by Distribution Channel
8.1.4 Market Forecast
8.2 Mexico
8.2.1 Market Trends
8.2.2 Market Breakup by Type
8.2.3 Market Breakup by Distribution Channel
8.2.4 Market Forecast
8.3 Argentina
8.3.1 Market Trends
8.3.2 Market Breakup by Type
8.3.3 Market Breakup by Distribution Channel
8.3.4 Market Forecast
8.4 Colombia
8.4.1 Market Trends
8.4.2 Market Breakup by Type
8.4.3 Market Breakup by Distribution Channel
8.4.4 Market Forecast
8.5 Chile
8.5.1 Market Trends
8.5.2 Market Breakup by Type
8.5.3 Market Breakup by Distribution Channel
8.5.4 Market Forecast
8.6 Peru
8.6.1 Market Trends
8.6.2 Market Breakup by Type
8.6.3 Market Breakup by Distribution Channel
8.6.4 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Breakup by Type
8.7.3 Market Breakup by Distribution Channel
8.7.4 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Policy and Regulatory Landscape
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: Latin America: Extruded Snack Food Market: Major Drivers and Challenges
Figure 2: Latin America: Extruded Snack Food Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Latin America: Extruded Snack Food Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Latin America: Extruded Snack Food Market: Breakup by Type (in %), 2021
Figure 5: Latin America: Extruded Snack Food Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Latin America: Extruded Snack Food Market: Breakup by Country (in %), 2021
Figure 7: Latin America: Extruded Snack Food (Potato) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Latin America: Extruded Snack Food (Potato) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Latin America: Extruded Snack Food (Corn) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Latin America: Extruded Snack Food (Corn) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Latin America: Extruded Snack Food (Rice) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Latin America: Extruded Snack Food (Rice) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Latin America: Extruded Snack Food (Tapioca) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Latin America: Extruded Snack Food (Tapioca) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Latin America: Extruded Snack Food (Mixed Grains) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Latin America: Extruded Snack Food (Mixed Grains) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Latin America: Extruded Snack Food (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Latin America: Extruded Snack Food (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Latin America: Extruded Snack Food (Supermarkets/Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Latin America: Extruded Snack Food (Supermarkets/Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Latin America: Extruded Snack Food (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Latin America: Extruded Snack Food (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Latin America: Extruded Snack Food (Specialty Food Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Latin America: Extruded Snack Food (Specialty Food Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Latin America: Extruded Snack Food (Online Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Latin America: Extruded Snack Food (Online Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Latin America: Extruded Snack Food (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Latin America: Extruded Snack Food (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Brazil: Extruded Snack Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Brazil: Extruded Snack Food Market: Breakup by Type (in %), 2021
Figure 31: Brazil: Extruded Snack Food Market: Breakup by Distribution Channel (in %), 2021
Figure 32: Brazil: Extruded Snack Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Mexico: Extruded Snack Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Mexico: Extruded Snack Food Market: Breakup by Type (in %), 2021
Figure 35: Mexico: Extruded Snack Food Market: Breakup by Distribution Channel (in %), 2021
Figure 36: Mexico: Extruded Snack Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Argentina: Extruded Snack Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Argentina: Extruded Snack Food Market: Breakup by Type (in %), 2021
Figure 39: Argentina: Extruded Snack Food Market: Breakup by Distribution Channel (in %), 2021
Figure 40: Argentina: Extruded Snack Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Colombia: Extruded Snack Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Colombia: Extruded Snack Food Market: Breakup by Type (in %), 2021
Figure 43: Colombia: Extruded Snack Food Market: Breakup by Distribution Channel (in %), 2021
Figure 44: Colombia: Extruded Snack Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Chile: Extruded Snack Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Chile: Extruded Snack Food Market: Breakup by Type (in %), 2021
Figure 47: Chile: Extruded Snack Food Market: Breakup by Distribution Channel (in %), 2021
Figure 48: Chile: Extruded Snack Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Peru: Extruded Snack Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Peru: Extruded Snack Food Market: Breakup by Type (in %), 2021
Figure 51: Peru: Extruded Snack Food Market: Breakup by Distribution Channel (in %), 2021
Figure 52: Peru: Extruded Snack Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Extruded Snack Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Extruded Snack Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Latin America: Extruded Snack Food Industry: SWOT Analysis
Figure 56: Latin America: Extruded Snack Food Industry: Value Chain Analysis
Figure 57: Latin America: Extruded Snack Food Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Latin America: Extruded Snack Food Market: Key Industry Highlights, 2021 and 2027
Table 2: Latin America: Extruded Snack Food Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Latin America: Extruded Snack Food Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Latin America: Extruded Snack Food Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 5: Latin America: Extruded Snack Food Market: Competitive Structure
Table 6: Latin America: Extruded Snack Food Market: Key Players