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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.
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.
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:
Breakup by Distribution Channel:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|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
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|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)|
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