Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Form (Cream Filled, Coated), By Distribution Channel (Super Markets/ Hyper Markets, Convenience Stores, Online retailers, Others) And Competitive Landscape
Product Code: ETC079402 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Wafer Biscuit Market is expected to register growth in the coming years. Wafer biscuits are crispy and thin layered wafers filled with cream. Since wafer biscuits have a significant role in the bakery and snacks market, top companies are engaged in delivering different flavours and variants of wafer biscuits to satisfy the consumer's demand. Changing tastes and preference of the consumers and impulsive purchases are the key drivers for the growth of the wafer biscuits market in Latin America. Heavy competition among the alternative products acts as restrain for the wafer biscuit market growth. The Covid-19 outbreak began in Wuhan (China) later reached all parts of the world. It has adversely affected the wafer biscuits market by affecting production and demand by creating disruptions in the market and the supply chain. In Latin American, the wafer biscuit, companies planning R&D investments and new product launch post-Covid. So, expecting that market recovery will begin from mid-2021.
According to 6Wresearch, Latin America Wafer Biscuit Market is expected to register growth during the forecast period 2021-2027. The Latin American wafer biscuit market is analysed under various geographical regions such as Argentina, Brazil, Mexico. Brazil holds the largest share in the Latin American wafer biscuit market due to its growing population and the high popularity of wafer biscuits in the region and expected to lead the market revenues during the forecast period. However, Argentina is yet to witness rapid growth rates in the wafer biscuit market, as changing food preferences and development among the consumers will lead to market growth. Additionally, in Mexico and the rest of Latin America, the availability of wafer biscuit varieties and the rising disposable income are important factors contributing to the growth of wafer biscuits. Moreover, the wafer biscuit companies adapting the current market trends by manufacturing gluten-free wafers or healthier wafer biscuits made of oats, honey that consists of less fat and calories as the growing concern towards health consciousness among consumers.
The wafer biscuit market is segmented into sources, packaging, product and distribution channel. By sources, it is segmented into wheat, multi-grain and other healthy sources. Wheat and multi-grains hold the largest market share as they contribute more protein and fibre. By packaging, the wafer biscuit market is segmented into packets, boxes and others. The boxes dominate the market due to ease of packaging and proper protection. By product, the market segmented into sweet, cream-filled and coated. The coated wafer segment dominates the market as it has a good consumer base. The segmentation of distribution channel is supermarkets, convenience stores, online retailers, in which the supermarkets dominate the market over the others. The end users are the young generation as they are very much attracted to the trendy snacks and few adult base consumers who prefer healthy snacks or consume as a meal replacer.
The Latin America Wafer Biscuit Market report thoroughly covers the market by form, distribution channel and countries including Mexico, Brazil, Argentina, Chile and rest of Latin America. Latin America Wafer Biscuit market outlook report provides an unbiased and detailed analysis of the ongoing Latin America Wafer Biscuit market opportunities/high growth area, trends, market drivers which would help the stakeholders to align their market strategies according to the current and future market dynamics
Markets Covered
The report provides a detailed analysis of the following market segments:
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Wafer Biscuit Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Wafer Biscuit Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Wafer Biscuit Market - Industry Life Cycle |
3.4 Latin America Wafer Biscuit Market - Porter's Five Forces |
3.5 Latin America Wafer Biscuit Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Wafer Biscuit Market Revenues & Volume Share, By Form, 2020 & 2027F |
3.7 Latin America Wafer Biscuit Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 Latin America Wafer Biscuit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Wafer Biscuit Market Trends |
6 Latin America Wafer Biscuit Market, 2017 - 2027 |
6.1 Latin America Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
6.2 Latin America Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7 Brazil Wafer Biscuit Market, 2017 - 2027 |
7.1 Brazil Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
7.2 Brazil Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8 Mexico Wafer Biscuit Market, 2017 - 2027 |
8.1 Mexico Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
8.2 Mexico Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9 Argentina Wafer Biscuit Market, 2017 - 2027 |
9.1 Argentina Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
9.2 Argentina Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10 Rest of Latin America Wafer Biscuit Market, 2017 - 2027 |
10.1 Rest of Latin America Wafer Biscuit Market, Revenues & Volume, By Form, 2017 - 2027 |
10.2 Rest of Latin America Wafer Biscuit Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11 Latin America Wafer Biscuit Market Key Performance Indicators |
12 Latin America Wafer Biscuit Market - Opportunity Assessment |
12.1 Latin America Wafer Biscuit Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Wafer Biscuit Market Opportunity Assessment, By Form, 2020 & 2027F |
12.3 Latin America Wafer Biscuit Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
13 Latin America Wafer Biscuit Market - Competitive Landscape |
13.1 Latin America Wafer Biscuit Market Revenue Share, By Companies, 2020 |
13.2 Latin America Wafer Biscuit Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |