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Atole Market in North America by Product and Distribution Channel - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 120
  • SKU: IRTNTR74340
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The atole market share in North America is expected to increase by USD 7.69 million from 2021 to 2026, at a CAGR of 3.19%.

This atole market in North America research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the atole market in North America segmentations by product (nut atole, fruit atole, and others) and distribution channel (offline and online). The atole market in North America report also offers information on several market vendors, including Grupo La Moderna SA de CV, HERMEL S.A. de C.V., Los Chileros de Nuevo Mexico, Nestle SA, PepsiCo Inc., The Klass Company SA de CV, and Unilever PLC among others.

What will the Atole Market Size in North America be During the Forecast Period?

Atole Market in North America Size

Download Report Sample to Unlock the Atole Market Size in North America for the Forecast Period and Other Important Statistics

 

Atole Market in North America: Key Drivers, Trends, and Challenges

Our researcher studied the historical data for years, with 2021 as the base year, and 2022 as the estimated year, and produced drivers, trends, and challenges for the atole market in North America. In the COVID-19 pandemic, the demand for the atole market in North America has impacted a lot decelerating but a holistic analysis of drivers will help in exact demands and refining marketing strategies to gain competitive advantage.

Key Atole Market Driver in North America

Increased consumption of atole in Mexico is one of the key factors driving the North America atole market growth. In Mexico, atole is considered a sought-after breakfast and dinner beverage, especially during winters. A number of street vendors in Mexico purchase atole mix from retailers and offer multiple flavors of the beverage. Moreover, the Mexican atole market is characterized by the increased availability of atole in ready-to-consume forms. This coupled with the availability of atole mixes, adds to the growth of the market in focus. Thus, the increasing consumption of atole in Mexico will boost the growth of the market during the forecast period.

Key Atole Market Trend in North America

Availability of multiple flavors is one of the key North America atole market trends fueling the market growth. The consumers of atole are exposed to sugar-and honey-flavored atole mixes and atoles. The other flavors that are available in the atole market in North America include fruit, chocolate, nuts, vanilla, and cinnamon. Moreover, chocolate-flavored atole mixes are in high demand in the market. Flavors that mimic chili peppers, beans, or corn kernels are the latest additions in the atole market in North America. Thus, the availability of multiple flavors aids in satiating the taste preferences of multiple categories of customers. This will boost the growth of the market during the forecast period.

Key Atole Market Challenge in North America

Home preparation of atole is one of the key factors challenging the North America atole market growth. Of late, a large percentage of the North American population prefers preparing atole and atole mixes at home. This limits the consumption of atole mixes and ready-to-consume atoles. The availability of multiple recipes that can easily be prepared at home adds to the high demand for such homemade atoles. This negatively impacts the commercial sales of atole and atole mixes in North America. 

This atole market in North America analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the atole market in North America as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the atole market in North America during the forecast period.^^^

Who are the Major Atole Market Vendors in North America?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Grupo La Moderna SA de CV
  • HERMEL S.A. de C.V.
  • Los Chileros de Nuevo Mexico
  • Nestle SA
  • PepsiCo Inc.
  • The Klass Company SA de CV
  • Unilever PLC

 

This statistical study of the North America atole market encompasses successful business strategies deployed by the key vendors. The atole market in North America is concentrated and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market.

Product Insights and News

  • unilever.com - The company offers atole such as Knorr Maizena Atole which contains vitamin A, vitamin C, thiamin, niacin, vitamin B6 and zinc.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The atole market in North America report contains a comprehensive market knowledge and in-depth vendor landscape added to an analysis of the key vendors.

Atole Market in North America Value Chain Analysis

Our In-house experts produce extensive information on the value chain, and parent market of the North America atole market which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

What are the Revenue-generating Product Segments in the Atole Market in North America?

Atole Market in North America Share

To gain further insights on the market contribution of various segments Request PDF Sample

The atole market share growth in North America by the nut atole segment will be significant during the forecast period. The increased preference for nut-flavored beverages in North America is a key driver that facilitates the growth of the market. Among the multiple nut-flavored atole mixes available in the market, peanut-flavored mixes are in high demand. Thus, the availability of multiple nut-flavored atole mixes in the market contributes to increased customer propensity toward such products. This, in turn, will drive the growth of the segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the atole market size in North America and actionable market insights on the post-COVID-19 impact on each segment.

 

Atole Market Scope in North America

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 3.19%

Market growth 2022-2026

$ 7.69 million

Market structure

Concentrated

YoY growth (%)

3.07

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Grupo La Moderna SA de CV, HERMEL S.A. de C.V., Los Chileros de Nuevo Mexico, Nestle SA, PepsiCo Inc., The Klass Company SA de CV, and Unilever PLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Atole Market in North America Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive atole market growth in North America during the next five years
  • Precise estimation of the atole market size in North America and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the atole industry in North America  
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of atole market vendors in North America 

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Regional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on North America: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Regional - Market size and forecast 2021-2026 ($ million)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 25: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 27: Chart on Comparison by Product
      • Exhibit 28: Data Table on Comparison by Product
    • 5.3 Nut atole - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Nut atole - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Nut atole - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Nut atole - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Nut atole - Year-over-year growth 2021-2026 (%)
    • 5.4 Fruit atole - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Fruit atole - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Fruit atole - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Fruit atole - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Fruit atole - Year-over-year growth 2021-2026 (%)
    • 5.5 Others - Market size and forecast 2021-2026
      • Exhibit 37: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 39: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 40: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Product
      • Exhibit 41: Market opportunity by Product ($ million)

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 42: Chart on Distribution Channel - Market share 2021-2026 (%)
      • Exhibit 43: Data Table on Distribution Channel - Market share 2021-2026 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 44: Chart on Comparison by Distribution Channel
      • Exhibit 45: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Offline - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Offline - Year-over-year growth 2021-2026 (%)
    • 6.4 Online - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Online - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Online - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 54: Market opportunity by Distribution Channel ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 56: Chart on Market share by geography - 2021-2026 (%)
      • Exhibit 57: Data Table on Market share by geography - 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 58: Chart on Geographic comparison
      • Exhibit 59: Data Table on Geographic comparison
    • 8.3 US - Market size and forecast 2021-2026
      • Exhibit 60: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 61: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 62: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.4 Mexico - Market size and forecast 2021-2026
      • Exhibit 64: Chart on Mexico - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Data Table on Mexico - Market size and forecast 2021-2026 ($ million)
      • Exhibit 66: Chart on Mexico - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on Mexico - Year-over-year growth 2021-2026 (%)
    • 8.5 Canada - Market size and forecast 2021-2026
      • Exhibit 68: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 8.6 Market opportunity by geography
      • Exhibit 72: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 73: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 74: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 75: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 76: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 77: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 78: Matrix on vendor position and classification
            • 11.3 Grupo La Moderna SA de CV
              • Exhibit 79: Grupo La Moderna SA de CV - Overview
              • Exhibit 80: Grupo La Moderna SA de CV - Product / Service
              • Exhibit 81: Grupo La Moderna SA de CV - Key offerings
            • 11.4 HERMEL S.A. de C.V.
              • Exhibit 82: HERMEL S.A. de C.V. - Overview
              • Exhibit 83: HERMEL S.A. de C.V. - Product / Service
              • Exhibit 84: HERMEL S.A. de C.V. - Key offerings
            • 11.5 Los Chileros de Nuevo Mexico
              • Exhibit 85: Los Chileros de Nuevo Mexico - Overview
              • Exhibit 86: Los Chileros de Nuevo Mexico - Product / Service
              • Exhibit 87: Los Chileros de Nuevo Mexico - Key offerings
            • 11.6 Nestle SA
              • Exhibit 88: Nestle SA - Overview
              • Exhibit 89: Nestle SA - Business segments
              • Exhibit 90: Nestle SA - Key news
              • Exhibit 91: Nestle SA - Key offerings
              • Exhibit 92: Nestle SA - Segment focus
            • 11.7 PepsiCo Inc.
              • Exhibit 93: PepsiCo Inc. - Overview
              • Exhibit 94: PepsiCo Inc. - Business segments
              • Exhibit 95: PepsiCo Inc. - Key news
              • Exhibit 96: PepsiCo Inc. - Key offerings
              • Exhibit 97: PepsiCo Inc. - Segment focus
            • 11.8 The Klass Company SA de CV
              • Exhibit 98: The Klass Company SA de CV - Overview
              • Exhibit 99: The Klass Company SA de CV - Product / Service
              • Exhibit 100: The Klass Company SA de CV - Key offerings
            • 11.9 Unilever PLC
              • Exhibit 101: Unilever PLC - Overview
              • Exhibit 102: Unilever PLC - Business segments
              • Exhibit 103: Unilever PLC - Key news
              • Exhibit 104: Unilever PLC - Key offerings
              • Exhibit 105: Unilever PLC - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 106: Inclusions checklist
                • Exhibit 107: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 108: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 109: Research methodology
                • Exhibit 110: Validation techniques employed for market sizing
                • Exhibit 111: Information sources
              • 12.5 List of abbreviations
                • Exhibit 112: List of abbreviations
              • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                Atole market growth will increase by $7.69 million during 2022-2026.
                The atole market is expected to grow at a CAGR of 3.19% during 2022-2026.
                Technavio has segmented the atole market by product (Nut atole, Fruit atole, and Others) and geographic (North America).
                Grupo La Moderna SA de CV, HERMEL S.A. de C.V., Los Chileros de Nuevo Mexico, Nestle SA, PepsiCo Inc., The Klass Company SA de CV, Unilever PLC are a few of the key vendors in the atole market.
                North America will register the highest growth rate of 100% among the other regions. Therefore, the atole market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the atole market growth are:
                • Increased consumption of atole in Mexico
                • Availability of multiple flavors
                The atole market vendors should focus on grabbing business opportunities from the nut atole segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
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