Latin America Snack Food Market 2020-2026 by Product Category, Manufacturing Process, Flavor (Sweet, Savory), Food Type (Traditional, Organic), Consumer Group, Distribution Channel

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Latin America snack food market will grow by 4.7% annually over 2020-2026 to reach $61.89 billion by 2026, owing to the rising need for convenient food amid COVID-19 pandemic.
Highlighted with 40 tables and 80 figures, this 144-page report “Latin America Snack Food Market 2020-2026 by Product Category, Manufacturing Process, Flavor (Sweet, Savory), Food Type (Traditional, Organic), Consumer Group, Distribution Channel, and Country: Trend Forecast and Growth Opportunity” is based on a holistic research of the entire Latin America snack food market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Latin America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Latin America snack food market in every aspect of the classification from perspectives of Product Category, Manufacturing Process, Flavor, Food Type, Consumer Group, Distribution Channel, and Country.

Based on Product Category, the Latin America market is segmented into the following sub-markets with annual revenue for 2019-2026 included in each section.
Salty Snacks
• Potato Chips
• Popcorn
• Corn Chips
• Pretzels
• Nut-Based Snacks
• Other Salty Snacks
Frozen Snacks
• Ice Cream
• Yogurt
• Fruit and Vegetable
• Meat Products
• Other Frozen Snacks
Confectionery Snacks
• Chocolate
• Candies
• Crackers
• Jellies
• Other Confectionery Snacks
Bakery Snacks
• Bread
• Sandwich
• Cookies
• Pastry
• Cake
• Other Bakery Snacks
Other Product Categories

Based on Manufacturing Process, the Latin America market is segmented into the following sub-markets with annual revenue for 2019-2026 included in each section.
• Extruded Snacks
• Non-extruded Snacks

Based on Flavor, the Latin America market is segmented into the following sub-markets with annual revenue for 2019-2026 included in each section.
Sweet Snacks
Savory Snacks
• Salty Snacks
• Tangy Snacks
• Spicy Snacks
• Other Savory Snacks

Based on Food Type, the Latin America market is segmented into the following sub-markets with annual revenue for 2019-2026 included in each section.
• Traditional Snacks
• Organic Snacks

Based on Consumer Group, the Latin America market is segmented into the following sub-markets with annual revenue for 2019-2026 included in each section.
• Children (< 18)
• Millennial (18 - 34)
• Generation X (34 - 50)
• Baby Boomers (51 - 69)
• Elderly (> 69)

Based on Distribution Channel, the Latin America market is segmented into the following sub-markets with annual revenue for 2019-2026 included in each section.
• Supermarkets & Hypermarkets
• Convenience Stores
• Specialty Food Stores
• Online Retailers
• Other Distribution Channels

Geographically, the national/local markets are fully investigated:
• Argentina
• Brazil
• Columbia
• Mexico
• Chile
• Caribbean
• Rest of Latin America Market
For each aforementioned country, detailed analysis and data for annual revenue are available for 2019-2026. The breakdown of key national markets by Product Category, Consumer Group, and Distribution Channel over the forecast years is also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Latin America snack food market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Aviko
Calbee Inc.
ConAgra Foods Inc.
Ferrero S.P.A.
Frito-Lay Latin America, Inc.
General Mills Inc.
Hormel Foods Corporation
J&J Snack Foods Corporation
Kellogg Company
McCain Foods
Nestle SA
PepsiCo, Inc.
Sargento Foods, Inc.
Tyson Foods
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 27
2.4 Emerging Opportunities and Market Trends 30
2.5 Porter’s Fiver Forces Analysis 34
3 Segmentation of Latin America Market by Product Category 38
3.1 Market Overview by Product Category 38
3.2 Salty Snacks 40
3.2.1 Potato Chips 42
3.2.2 Popcorn 43
3.2.3 Corn Chips 44
3.2.4 Pretzels 45
3.2.5 Nut-Based Snacks 46
3.2.6 Other Salty Snacks 47
3.3 Frozen Snacks 48
3.3.1 Ice Cream 50
3.3.2 Yogurt 51
3.3.3 Fruit and Vegetable 52
3.3.4 Meat Products 53
3.3.5 Other Frozen Snacks 54
3.4 Confectionery Snacks 55
3.4.1 Chocolate 57
3.4.2 Candies 58
3.4.3 Crackers 59
3.4.4 Jellies 60
3.4.5 Other Confectionery Snacks 61
3.5 Bakery Snacks 62
3.5.1 Bread 64
3.5.2 Sandwich 65
3.5.3 Cookies 66
3.5.4 Pastry 67
3.5.5 Cake 68
3.5.6 Other Bakery Snacks 69
3.6 Other Product Categories 70
4 Segmentation of Latin America Market by Manufacturing Process 71
4.1 Market Overview by Manufacturing Process 71
4.2 Extruded Snacks 73
4.3 Non-extruded Snacks 74
5 Segmentation of Latin America Market by Flavor 75
5.1 Market Overview by Flavor 75
5.2 Sweet Snacks 77
5.3 Savory Snacks 78
5.3.1 Salty Snacks 80
5.3.2 Tangy Snacks 81
5.3.3 Spicy Snacks 82
5.3.4 Other Savory Snacks 83
6 Segmentation of Latin America Market by Food Type 84
6.1 Market Overview by Food Type 84
6.2 Traditional Snacks 86
6.3 Organic Snacks 87
7 Segmentation of Latin America Market by Consumer Group 89
7.1 Market Overview by Consumer Group 89
7.2 Children (< 18) 91
7.3 Millennial (18 - 34) 92
7.4 Generation X (34 - 50) 93
7.5 Baby Boomers (51 - 69) 94
7.6 Elderly (> 69) 95
8 Segmentation of Latin America Market by Distribution Channel 96
8.1 Market Overview by Distribution Channel 96
8.2 Supermarkets & Hypermarkets 98
8.3 Convenience Stores 99
8.4 Specialty Food Stores 100
8.5 Online Retailers 101
8.6 Other Distribution Channels 102
9 Latin America Market 2019-2026 by Country 103
9.1 Argentina 106
9.2 Brazil 108
9.3 Columbia 110
9.4 Mexico 112
9.5 Chile 114
9.6 Caribbean 116
9.7 Rest of Latin America Market 118
10 Competitive Landscape 119
10.1 Overview of Key Vendors 119
10.2 New Product Launch, Partnership, Investment, and M&A 122
10.3 Company Profiles 123
Aviko 123
Calbee Inc. 125
ConAgra Foods Inc. 126
Ferrero S.P.A. 127
Frito-Lay North America, Inc. 128
General Mills Inc. 129
Hormel Foods Corporation 130
J&J Snack Foods Corporation 131
Kellogg Company 132
McCain Foods 133
Nestle SA 134
PepsiCo, Inc. 135
Sargento Foods, Inc. 136
Tyson Foods 137
11 Investing in Latin America Market: Risk Assessment and Management 138
11.1 Risk Evaluation of Latin America Market 138
11.2 Critical Success Factors (CSFs) 141
Related Reports and Products 144
 

List of Tables:

Table 1. Snapshot of Latin America Snack Food Market, 2019-2026 18
Table 2. Main Product Trends and Market Opportunities in Latin America Snack Food Market 30
Table 3. Latin America Snack Food Market by Product Category, 2015-2026, $ bn 38
Table 4. Latin America Snack Food Market: Salty Snacks by Snack Type, 2015-2026, $ bn 41
Table 5. Latin America Snack Food Market: Frozen Snacks by Snack Type, 2015-2026, $ bn 49
Table 6. Latin America Snack Food Market: Confectionery Snacks by Snack Type, 2015-2026, $ bn 56
Table 7. Latin America Snack Food Market: Bakery Snacks by Snack Type, 2015-2026, $ bn 63
Table 8. Latin America Snack Food Market by Manufacturing Process, 2015-2026, $ bn 71
Table 9. Latin America Snack Food Market by Flavor, 2015-2026, $ bn 75
Table 10. Latin America Snack Food Market: Savory Snacks by Snack Type, 2015-2026, $ bn 79
Table 11. Latin America Snack Food Market: Savory Snacks by Snack Flavor, 2015-2026, $ bn 79
Table 12. Latin America Snack Food Market by Food Type, 2015-2026, $ bn 84
Table 13. Latin America Snack Food Market by Consumer Group, 2015-2026, $ bn 89
Table 14. Latin America Snack Food Market by Distribution Channel, 2015-2026, $ bn 96
Table 15. Latin America Snack Food Market by Country, 2015-2026, $ bn 105
Table 16. Argentina Snack Food Market by Product Category, 2015-2026, $ bn 107
Table 17. Argentina Snack Food Market by Consumer Group, 2015-2026, $ bn 107
Table 18. Argentina Snack Food Market by Distribution Channel, 2015-2026, $ bn 107
Table 19. Brazil Snack Food Market by Product Category, 2015-2026, $ bn 109
Table 20. Brazil Snack Food Market by Consumer Group, 2015-2026, $ bn 109
Table 21. Brazil Snack Food Market by Distribution Channel, 2015-2026, $ bn 109
Table 22. Columbia Snack Food Market by Product Category, 2015-2026, $ bn 111
Table 23. Columbia Snack Food Market by Consumer Group, 2015-2026, $ bn 111
Table 24. Columbia Snack Food Market by Distribution Channel, 2015-2026, $ bn 111
Table 25. Mexico Snack Food Market by Product Category, 2015-2026, $ bn 113
Table 26. Mexico Snack Food Market by Consumer Group, 2015-2026, $ bn 113
Table 27. Mexico Snack Food Market by Distribution Channel, 2015-2026, $ bn 113
Table 28. Chile Snack Food Market by Product Category, 2015-2026, $ bn 115
Table 29. Chile Snack Food Market by Consumer Group, 2015-2026, $ bn 115
Table 30. Chile Snack Food Market by Distribution Channel, 2015-2026, $ bn 115
Table 31. Caribbean Snack Food Market by Product Category, 2015-2026, $ bn 117
Table 32. Caribbean Snack Food Market by Consumer Group, 2015-2026, $ bn 117
Table 33. Caribbean Snack Food Market by Distribution Channel, 2015-2026, $ bn 117
Table 34. Aviko: Company Snapshot 123
Table 35. Aviko: Business Segmentation 123
Table 36. Aviko: Product Portfolio 124
Table 37. Aviko: Revenue, 2016-2018, $ bn 124
Table 38. Aviko: Recent Developments 124
Table 39. Risk Evaluation for Investing in Latin America Market, 2019-2026 139
Table 40. Critical Success Factors and Key Takeaways 142

List of Figures:

Figure 1. Research Method Flow Chart 11
Figure 2. Breakdown of Primary Research 13
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 4. Latin America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 17
Figure 5. Latin America Snack Food Market, 2019-2026, $ bn 20
Figure 6. Primary Drivers and Impact Factors of Latin America Snack Food Market 23
Figure 7. GDP per capita in the World, 1960-2018, $ thousand 26
Figure 8. Forecast of Middle-class Population by Region, 2015-2030, million 26
Figure 9. Primary Restraints and Impact Factors of Latin America Snack Food Market 27
Figure 10. Investment Opportunity Analysis 31
Figure 11. Porter’s Fiver Forces Analysis of Latin America Snack Food Market 34
Figure 12. Breakdown of Latin America Snack Food Market by Product Category, 2019-2026, % of Revenue 39
Figure 13. Contribution to Latin America 2020-2026 Cumulative Revenue by Product Category, Value ($ bn) and Share (%) 39
Figure 14. Latin America Snack Food Market: Salty Snacks, 2015-2026, $ bn 40
Figure 15. Latin America Snack Food Market: Potato Chips, 2015-2026, $ bn 42
Figure 16. Latin America Snack Food Market: Popcorn, 2015-2026, $ bn 43
Figure 17. Latin America Snack Food Market: Corn Chips, 2015-2026, $ bn 44
Figure 18. Latin America Snack Food Market: Pretzels, 2015-2026, $ bn 45
Figure 19. Latin America Snack Food Market: Nut-Based Snacks, 2015-2026, $ bn 46
Figure 20. Latin America Snack Food Market: Other Salty Snacks, 2015-2026, $ bn 47
Figure 21. Latin America Snack Food Market: Frozen Snacks, 2015-2026, $ bn 48
Figure 22. Latin America Snack Food Market: Ice Cream, 2015-2026, $ bn 50
Figure 23. Latin America Snack Food Market: Yogurt, 2015-2026, $ bn 51
Figure 24. Latin America Snack Food Market: Fruit and Vegetable, 2015-2026, $ bn 52
Figure 25. Latin America Snack Food Market: Meat Products, 2015-2026, $ bn 53
Figure 26. Latin America Snack Food Market: Other Frozen Snacks, 2015-2026, $ bn 54
Figure 27. Latin America Snack Food Market: Confectionery Snacks, 2015-2026, $ bn 55
Figure 28. Latin America Snack Food Market: Chocolate, 2015-2026, $ bn 57
Figure 29. Latin America Snack Food Market: Candies, 2015-2026, $ bn 58
Figure 30. Latin America Snack Food Market: Crackers, 2015-2026, $ bn 59
Figure 31. Latin America Snack Food Market: Jellies, 2015-2026, $ bn 60
Figure 32. Latin America Snack Food Market: Other Confectionery Snacks, 2015-2026, $ bn 61
Figure 33. Latin America Snack Food Market: Bakery Snacks, 2015-2026, $ bn 62
Figure 34. Latin America Snack Food Market: Bread, 2015-2026, $ bn 64
Figure 35. Latin America Snack Food Market: Sandwich, 2015-2026, $ bn 65
Figure 36. Latin America Snack Food Market: Cookies, 2015-2026, $ bn 66
Figure 37. Latin America Snack Food Market: Pastry, 2015-2026, $ bn 67
Figure 38. Latin America Snack Food Market: Cake, 2015-2026, $ bn 68
Figure 39. Latin America Snack Food Market: Other Bakery Snacks, 2015-2026, $ bn 69
Figure 40. Latin America Snack Food Market: Other Product Categories, 2015-2026, $ bn 70
Figure 41. Breakdown of Latin America Snack Food Market by Manufacturing Process, 2019-2026, % of Revenue 71
Figure 42. Contribution to Latin America 2020-2026 Cumulative Revenue by Manufacturing Process, Value ($ bn) and Share (%) 72
Figure 43. Latin America Snack Food Market: Extruded Snacks, 2015-2026, $ bn 73
Figure 44. Latin America Snack Food Market: Non-extruded Snacks, 2015-2026, $ bn 74
Figure 45. Breakdown of Latin America Snack Food Market by Flavor, 2019-2026, % of Revenue 75
Figure 46. Contribution to Latin America 2020-2026 Cumulative Revenue by Flavor, Value ($ bn) and Share (%) 76
Figure 47. Latin America Snack Food Market: Sweet Snacks, 2015-2026, $ bn 77
Figure 48. Latin America Snack Food Market: Savory Snacks, 2015-2026, $ bn 78
Figure 49. Latin America Snack Food Market: Salty Snacks, 2015-2026, $ bn 80
Figure 50. Latin America Snack Food Market: Tangy Snacks, 2015-2026, $ bn 81
Figure 51. Latin America Snack Food Market: Spicy Snacks, 2015-2026, $ bn 82
Figure 52. Latin America Snack Food Market: Other Savory Snacks, 2015-2026, $ bn 83
Figure 53. Breakdown of Latin America Snack Food Market by Food Type, 2019-2026, % of Revenue 84
Figure 54. Contribution to Latin America 2020-2026 Cumulative Revenue by Food Type, Value ($ bn) and Share (%) 85
Figure 55. Latin America Snack Food Market: Traditional Snacks, 2015-2026, $ bn 86
Figure 56. Latin America Snack Food Market: Organic Snacks, 2015-2026, $ bn 87
Figure 57. Breakdown of Latin America Snack Food Market by Consumer Group, 2019-2026, % of Revenue 90
Figure 58. Contribution to Latin America 2020-2026 Cumulative Revenue by Consumer Group, Value ($ bn) and Share (%) 90
Figure 59. Latin America Snack Food Market: Children (< 18), 2015-2026, $ bn 91
Figure 60. Latin America Snack Food Market: Millennial (18 - 34), 2015-2026, $ bn 92
Figure 61. Latin America Snack Food Market: Generation X (34 - 50), 2015-2026, $ bn 93
Figure 62. Latin America Snack Food Market: Baby Boomers (51 - 69), 2015-2026, $ bn 94
Figure 63. Latin America Snack Food Market: Elderly (> 69), 2015-2026, $ bn 95
Figure 64. Breakdown of Latin America Snack Food Market by Distribution Channel, 2019-2026, % of Revenue 97
Figure 65. Contribution to Latin America 2020-2026 Cumulative Revenue by Distribution Channel, Value ($ bn) and Share (%) 97
Figure 66. Latin America Snack Food Market: Supermarkets & Hypermarkets, 2015-2026, $ bn 98
Figure 67. Latin America Snack Food Market: Convenience Stores, 2015-2026, $ bn 99
Figure 68. Latin America Snack Food Market: Specialty Food Stores, 2015-2026, $ bn 100
Figure 69. Latin America Snack Food Market: Online Retailers, 2015-2026, $ bn 101
Figure 70. Latin America Snack Food Market: Other Distribution Channels, 2015-2026, $ bn 102
Figure 71. Breakdown of Latin America Snack Food Market by Country, 2019 and 2026, % of Revenue 104
Figure 72. Contribution to Latin America 2020-2026 Cumulative Revenue by Country, Value ($ bn) and Share (%) 105
Figure 73. Snack Food Market in Argentina, 2015-2026, $ bn 106
Figure 74. Snack Food Market in Brazil, 2015-2026, $ bn 108
Figure 75. Snack Food Market in Columbia, 2015-2026, $ bn 110
Figure 76. Snack Food Market in Mexico, 2015-2026, $ bn 112
Figure 77. Snack Food Market in Chile, 2015-2026, $ bn 114
Figure 78. Snack Food Market in Caribbean, 2015-2026, $ bn 116
Figure 79. Snack Food Market in Rest of Latin America, 2015-2026, $ bn 118
Figure 80. Growth Stage of Latin America Snack Food Industry over the Forecast Period 119