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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.
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.
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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.
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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.
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.
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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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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*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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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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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