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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Latin America Doughnut Market Outlook

The Latin America doughnut market size is expected to grow at a CAGR of 5.50% between 2024 and 2032. The market is being driven by the rising popularity of doughnuts, availability of a wide variety, and introduction of new flavours.


Key Trends in the Market

A doughnut or donut is a fried food that is typically sweet and prepared from leavened dough. Doughnuts are generally in the shape of a ring or ball, with optional filling within and often topped with a glaze. Common ingredients of doughnuts are flour, sugar, leavening agent, milk, eggs, and salt.

Latin America Doughnut Market

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  • Increasing interest in doughnuts across various countries in Latin America and rising disposable income of consumers are fuelling the growth of the Latin America doughnut market  and heightening the demand for premium doughnuts.
  • Customisation of doughnuts is a growing trend where consumers can choose the shape, flavour, fillings, and glaze of their doughnuts. These custom doughnuts are popular for gifting and general purchasing.
  • Rising trend of advertising doughnuts on the social media platforms using visually appealing images have increased their visibility and demand among consumers of various ages, particularly doughnuts in new flavours and variations.

Market Analysis

Based on type, the market is segmented into yeast doughnuts, and cake doughnuts, among others. On the basis of end use, the market is divided into food service, and retail, among others. By country, the doughnut market in Latin America is categorised into Brazil, Argentina, Mexico, Chile, and Colombia, among others.

Latin America Doughnut Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Latin America doughnut market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

  • Dunkin Donuts LLC
  • Krispy Kreme, Inc.
  • Grupo Bimbo
  • Hostess Brands
  • Starbucks Corporation
  • Little Debbie
  • Others

Market Share by End Use

Retail segment, based on end use, is growing rapidly in the Latin America doughnut market owing to growing popularity of doughnuts as a snack item. Consumers can easily purchase larger volumes of doughnuts at lower costs through retail outlets and choose from a wide range of options. Moreover, expansion of online retail outlets are increasing the convenience of purchasing doughnuts through retail as buyers can receive desired doughnuts directly at home. Meanwhile, food service end uses are anticipated to witness steady growth in the coming years as doughnuts are becoming a popular breakfast item served in several restaurants and cafes.

Latin America Doughnut Market

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Competitive Landscape

Dunkin Donuts LLC was founded in 1950 has its headquarter located in Massachusetts in the United States. This food coffee and doughnut company produces coffees, a wide range of doughnuts, and other baked goods for consumers globally.

Hostess Brands is a bakery company that was founded in 2013. The company is headquartered in Kansas in the United States and produces snack cakes, wafers, doughnuts, and cookies, among other products, with quality packaging for bulk items.

Starbucks Corporation was established in 1971 and has its headquarters located in Washington in the United States. This multinational coffeehouse company with branches worldwide offers cold coffees, hot drinks, and hot breakfast items, among others, to consumers.

Other market players include Krispy Kreme, Inc., Grupo Bimbo, and Little Debbie, among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • End Use
  • Country
Breakup by Type
  • Yeast Doughnuts
  • Cake Doughnuts
  • Others
Breakup by End Use
  • Food Service
  • Retail
  • Others
Breakup by Country
  • Brazil
  • Argentina
  • Mexico
  • Chile
  • Colombia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Dunkin Donuts LLC
  • Krispy Kreme, Inc.
  • Grupo Bimbo
  • Hostess Brands
  • Starbucks Corporation
  • Little Debbie
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is expected to grow at a CAGR of 5.50% between 2024 and 2032.

The major drivers of the market are increasing popularity of doughnuts, expansion of local and international doughnut brands, and introduction of new flavours.

The key trends of the market are growing innovations, rising health consciousness, increasing advertising and promotions, and customisation of doughnuts.

The significant types of doughnuts in the market are yeast doughnuts, and cake doughnuts, among others.

The primary end uses of doughnuts are food service, and retail, among others.

The major countries in the doughnut market in Latin America are Brazil, Argentina, Mexico, Chile, and Colombia, among others.

The recommended shelf-life of doughnuts depends on the baking process and any preservation methods used. Freshly baked doughnuts without cream typically have a shelf-life of 1-2 days at room temperature, and around 1 week when refrigerated.

The key players in the Latin America doughnut market, according to the report, are Dunkin Donuts LLC, Krispy Kreme, Inc., Grupo Bimbo, Hostess Brands, Starbucks Corporation, and Little Debbie, among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124