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The Hispanic food market share in Americas should rise by USD 6.60 billion from 2021 to 2026 at a CAGR of 4.58%.
This Hispanic food market research report of Americas 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 market segmentation by type (tacos, burritos, enchiladas, tortillas, and others) and geography (North America and South America). The Hispanic food market report of Americas also offers information on several market vendors, including AmigoFoods, B and G Foods Inc., Campbell Soup Co., Conagra Brands Inc., Food Concepts International, General Mills Inc., Grupo Bimbo SAB de CV, MTY Food Group Inc., The Kraft Heinz Co., and YUM Brands Inc. among others.
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The changing lifestyles and rise in demand for healthy convenient food are notably driving the Hispanic food market growth in Americas, although factors such as product recalls may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the Hispanic food industry in Americas. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This Hispanic food market analysis report of Americas 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.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
The vendor landscape of the Hispanic food market in Americas entails successful business strategies deployed by the vendors. The Hispanic food market in Americas is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from 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.
Download a free sample of the Hispanic food market forecast report of Americas for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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90% of the market's growth will originate from North America during the forecast period. The US, Mexico, and Cuba are the key markets for Hispanic food in North America.
The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increasing number of burrito chains will facilitate the Hispanic food market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
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The Hispanic food market share growth in Americas by the tacos segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2022-2026 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the Hispanic food market size in Americas. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.
Hispanic Food Market Scope in Americas |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.58% |
Market growth 2022-2026 |
$ 6.60 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.25 |
Regional analysis |
North America and South America |
Performing market contribution |
North America at 90% |
Key consumer countries |
US, Mexico, and Cuba |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Companies profiled |
AmigoFoods, B and G Foods Inc., Campbell Soup Co., Conagra Brands Inc., Food Concepts International, General Mills Inc., Grupo Bimbo SAB de CV, MTY Food Group Inc., The Kraft Heinz Co., and YUM Brands Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, 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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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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