Latin America Savory Snacks Market (2021-2027) | Growth, Value, Size, Trends, COVID-19 IMPACT, Revenue, Industry, Analysis, Share, Companies, Forecast & Outlook

Latin America Savory Snacks Market is anticipated to register sound revenues in the years ahead on account of the increased potential growth of the food industry. A rising number of consumers who not minding in consuming items that do not contain any nutritional value such as potato chips, corn & tortilla chips, and pretzels. Moreover, the growing working population has instigated the demand for convenient and ready-to-eat snacks such as instant noodles, frozen meals, and bakery items are expected to proliferate the exponential growth of the Latin America savory snacks market in the coming time zone. 

Latin America Savory Snacks Market is expected to gain sound growth prospects in the coming time zone. The Latin America Savory Snack market is driven by a rapidly growing economic scenario that has heightened the spending on indulgent and snacking options. The rising health consciousness amid the increasing prevalence of lifestyle diseases has enabled Latin America consumers to opt for healthy and sustainable snacking options. The free-from categories of snacks that are devoid of ingredients, such as sugar, gluten, and GMO, which carry negative public-health opinions, are expected to significant sales in countries, such as Brazil and Argentina. The Latin America Savory Snacks market is thriving on primarily two factors: changing eating habits of urban populations with increasing disposable income and the robustness of the distribution network of major manufacturers who are making these products readily available for their targeted customers.

According to 6Wresearch, Latin America Savory Snacks Market is expected to be driven by potential growth throughout the forecast period 2021-2027. Chile is one of the fastest-growing countries in Latin America. Due to the consumption of a large number of snacks the rate of obesity and Type II diabetes is being observed in almost every individual. Therefore, the sweet and salty snacks market vendors in this region as restructuring their product portfolio according to the organic food trend. Products are now baked not fried, and ingredients are more natural, which is enticing the existing fan base to pay a premium price for higher quality snacks. On the other hand, the Latin America Savory Snack market used to be filled with chips, plantain chips, and popcorns, etc. Snacking patterns and increase in intake of sugar-sweetened beverages (SSBs) have heavily impacted the health of people with cardiovascular diseases, Type II diabetes, and Obesity. Players aspiring to greater market share are overcoming this by developing healthier products that fall under governmental guidelines. However, due to the impact of COVID-19, the market is expected to take a huge hit. In the current situation, manufacturers are gradually realizing the importance of industrial safety more than ever. But due to lockdowns across countries, companies are facing severe cash flow issues and are deferring new projects related to the implementation of industrial safety.

Some of the key companies in Latin America are Doritos, Garoto, Soldanza, Cheetos, Maggi, Colombina. Alimentos Bermudez was established in 2010, located in Puerto Viejo de Sarapiquí in Costa Rica, providing snacks made from fresh agricultural products.

The Latin America savory snacks market is segmented based on product and distribution channels. Based on the product, the savory snacks market is segmented into extruded snacks, potato chips, nuts & seeds, meat snacks, popcorn, and others. By distribution channel, the market is segmented into supermarkets/hypermarkets, specialist retailers, convenience stores, online channels, and others.  The market is primarily driven by the wide range of its application in food and beverage industries for different functioning, such as preservative, flavor enhancer, emulsifier, sweetener, colorant, and many other functions. Also, the rising demand for convenience and packaged foods where additives are used in a higher quantity is further fueling the market growth.

The Latin America Savory snacks market report thoroughly covers the market by product type, distribution channels, and countries including Brazil, Argentina, Chile, Mexico, and the Rest of Latin America. The Latin America savory snack market outlook report provides an unbiased and detailed analysis of the ongoing Latin America savory snack market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Latin America Savory Snacks Market Outlook
• Market Size of Latin America Savory Snacks Market, 2020
• Forecast of Latin America Savory Snacks Market, 2027
• Historical Data and Forecast of Latin America Savory Snacks Revenues & Volume for the Period 2017 - 2027
• Latin America Savory Snacks Market Trend Evolution
• Latin America Savory Snacks Market Drivers and Challenges
• Latin America Savory Snacks Price Trends
• Latin America Savory Snacks Porter's Five Forces
• Latin America Savory Snacks Industry Life Cycle
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Potato Chips for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Extruded Snacks for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Nuts & Seeds for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Popcorn for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Potato Chips for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Extruded Snacks for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Nuts & Seeds for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Popcorn for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Potato Chips for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Extruded Snacks for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Nuts & Seeds for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Popcorn for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Potato Chips for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Extruded Snacks for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Nuts & Seeds for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Popcorn for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Product Type for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Potato Chips for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Extruded Snacks for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Nuts & Seeds for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Popcorn for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Supermarket/Hypermarket for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Independent Retailers for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Convenience Stores for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Service Station for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Supermarket/Hypermarket for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Independent Retailers for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Convenience Stores for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Service Station for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Supermarket/Hypermarket for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Independent Retailers for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Convenience Stores for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Service Station for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Supermarket/Hypermarket for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Independent Retailers for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Convenience Stores for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Service Station for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Distribution Channel for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Supermarket/Hypermarket for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Independent Retailers for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Convenience Stores for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Service Station for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Flavor for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Roasted/Toasted for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Barbeque for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Spice for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Beef for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Flavor for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Roasted/Toasted for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Barbeque for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Spice for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Beef for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Flavor for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Roasted/Toasted for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Barbeque for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Spice for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Beef for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Flavor for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Roasted/Toasted for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Barbeque for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Spice for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Beef for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Flavor for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Roasted/Toasted for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Barbeque for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Spice for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Beef for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Savory Snacks Market Revenues & Volume By Others for the Period 2017 - 2027
• Latin America Savory Snacks Market - Key Performance Indicators
• Latin America Savory Snacks Market - Import Export Trade Statistics
• Latin America Savory Snacks Market - Opportunity Assessment By Countries
• Latin America Savory Snacks Market - Opportunity Assessment By Product Type
• Latin America Savory Snacks Market - Opportunity Assessment By Distribution Channel
• Latin America Savory Snacks Market - Opportunity Assessment By Flavor
• Latin America Savory Snacks Market - Top Companies Market Share
• Latin America Savory Snacks Market - Top Companies Profiles
• Latin America Savory Snacks Market - Comparison of Players in Technical and Operating Parameters
• Latin America Savory Snacks Market - Strategic Recommendations

Markets Covered

The Market report includes the following segments:

• By Product Type:
• Potato Chips
• Extruded Snacks
• Nuts & Seeds
• Popcorns
• Others
• By Distribution Channel:
• Supermarket/Hypermarket
• Convenience Stores
• Service Station
• Independent Retailers 
• Others
• By Flavor:
• Roasted/Toasted
• Barbeque
• Spice
• Beef
• Others
• By Countries:
• Mexico
• Brazil
• Argentina
• Chile
• Rest of Latin America

Frequently Asked Questions About the Market Study (FAQs):