Hispanic Food Market

Global Hispanic Food Market Size, Trends & Analysis - Forecasts to 2028 By Authentic Hispanic Foods (Products Imported From Hispanic Countries and Products Prepared Locally Using Traditional Recipes) By Type (Tortillas, Tacos, Burritos, Enchiladas, Others), and By Region (North America, Asia Pacific, Central and South America, Europe, Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis

Category Food & Beverages

Format

This report was recently updated on April 20 2024 with the latest and most recent market numbers

Global Hispanic Food Market Size

The Global Hispanic Food Market is expected to generate USD 231.7 billion in 2023 and is projected to grow at a CAGR of 6.5% from 2023 to 2028.

Increasing popularity for Hispanic cuisine across developed & developing regions, clubbed with the rising adoption rate of healthy food lifestyle are some of the prime factors supporting the growth of the market. The inclination towards global cuisines, rapid acceptance for international cultures, and increasing awareness regarding inclusivity in food space, are directly and positively affecting the growth of the market.

Additionally, the rising number of touring expeditions and the rapidly evolving hotel and restaurant industry are also helping the market grow exponentially. However, the growth of the market is expected to be hampered to some extent owing to factors such as increasing cases of product recalls, and rapidly fluctuating prices in the food commodity sector. The market is expected to grow exponentially owing to various other factors such as rapidly evolving healthy lifestyles, increasing demand for organic and convenient food, new product launch activities, and the rapid expansion of the hotel-retail landscape.

Hispanic cuisine offers a number of significant health advantages. For instance, the necessary amount of sodium needed to keep the body's water balance is provided by tortillas. Also corn, a staple from the Hispanic cuisine, is a good source of vitamin B. It has pantothenic acid and folate, which support healthy metabolism regulation, lessen fatigue, and maintain physical activity. Hence, considering these factors, the market is ought to be growing rapidly, especially in the developing regions. Major hispanic food manufacturers across the globe are initiating strategies to create and launch new variety of food items, especially those that exude authenticity.

Furthermore, the growing demand for gluten-free tortillas is another significant trend influencing the market for Hispanic food. Customers are inclined towards gluten-free tortillas as they have become more aware of the ill-effects of gluten based products on overall health and well-being [Gluten causes inflammation in the gut in almost 80% of people who consume it, thereby increasing the risk of developing type 1 diabetes and hypothyroidism]. Hence, in order to meet the rising demand of consumers who are opting for gluten-free diet, a number of food producers are taking keen interest in launching Hispanic fast food products.

global hispanic food market

Global Hispanic Food Market: By Authentic Hispanic Foods

Based on authentic Hispanic foods segment, the market is bifurcated into products imported from Hispanic countries and products prepared locally using traditional recipes. Imported hispanic foods segment is anticipated to dominate the hispanic foods market from 2023-2028. The global food industry is expanding rapidly owing to the increasing popularity of Hispanic cuisine and culture. The market has grown as a result of numerous producers launching distinctive Hispanic food product lines for Asian and other non-Hispanic regions. Hence, these factors are mainly responsible for the rise in imported Hispanic food items and finished food products.

Global Hispanic Food Market: By Type

On the basis of type, the Hispanic food market has been segmented into tortillas, tacos, burritos, enchiladas, and others. The tacos segment is expected to be the fastest-growing segment in the market from 2023-2028 due to the rising per capita consumption and increasing demand from consumers across the globe. The sales of tortillas with flavours have also increased. Tacos have a long history and are popular across cultures; thereby the segment is anticipated to expand rapidly during the forecast period.

asia pacific hispanic food market

Global Hispanic Food Market: By Region

North America is expected to be the largest segment in the global market, owing to factors such as rapid adoption of gluten-free food lifestyle, rise in burrito chain restaurants across U.S., Canada and Mexico, increasing demand for convenient, healthy and international food products, and the presence of key players across the U.S. Additionally, increasing marketing expenditure on product advertisements and promotion to draw customers is another factor supporting the growth of the North American market.

Asia Pacific is analyzed to be the fastest growing segment in the market. The rapid adoption of urban food lifestyles, high sales rate of packaged and processed food, and presence of local players who offer Hispanic foods are anticipated to support the growth of this region. The development of this region is also aided by the rapidly evolving economies of nations such as South Korea, China, and India.

Global Hispanic Food Market Share and Competitor Analysis

The paramount competitors covered in the global Hispanic food market report are AmigoFoods, B and G Foods Inc., Campbell Soup Co., Conagra Brands Inc., Food Concepts International, General Mills Inc., Grupo Bimbo SAB de CV, MTY Food Group Inc., The Kraft Heinz Co., and YUM Brands Inc. among others.

Please note: This is not an exhaustive list of companies profiled in the report.

1 STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1 Strategic Opportunity & Attractiveness Analysis

1.1.1 Hot Revenue Pockets

1.1.2 Market Attractiveness Score

1.1.3 Revenue Impacting Opportunity

1.1.4 High Growing Region/Country

1.1.5 Competitor Analysis

1.1.6 Consumer Analysis

1.2 Global Market Estimates' View

1.3 Strategic Insights across Business Functions

1.3.1 For Chief Executive Officers

1.3.2 For Chief Marketing Officers

1.3.3 For Chief Strategy Officers

1.4 Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2 TECHNOLOGICAL TRENDS

2.1 Technological Adoption Rate

2.2 Current Trend Impact Analysis

2.3 Future Trend Impact Analysis

2.4 Data Metrics on Feed Stocks

3 GLOBAL MARKET OUTLOOK

3.1 Market Pyramid Analysis

3.1.1 Introduction

3.1.2 Adjacent Market Opportunities

3.1.3 Ancillary Market Opportunities

3.2 Demand Side Analysis

3.2.1 Market Drivers: Impact Analysis

3.2.2 Market Restraints: Impact Analysis

3.2.3 Market Opportunities: Impact Analysis

3.2.4 Market Challenges: Impact Analysis

3.3 Supply Side Analysis

3.3.1 Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2 SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3 Value Chain Analysis

3.3.4 Trend Analysis

3.3.5 Gap Analysis

3.3.6 Cost Analysis

4 GLOBAL HISPANIC FOOD MARKET, BY AUTHENTIC HISPANIC FOODS

4.1 Introduction

4.2 Hispanic Food Market: Authentic Hispanic Foods Scope Key Takeaways

4.3 Revenue Growth Analysis, 2022 & 2028

4.4 Products Imported From Hispanic Countries

4.4.1 Products Imported From Hispanic Countries Market Estimates and Forecast, 2020-2028 (USD Million)

4.5 Products Prepared Locally Using Traditional Recipes

4.5.1 Products Prepared Locally Using Traditional Recipes Market Estimates and Forecast, 2020-2028 (USD Million)

5 GLOBAL HISPANIC FOOD MARKET, BY TYPE

5.1 Introduction

5.2 Hispanic Food Market: Type Scope Key Takeaways

5.3 Revenue Growth Analysis, 2022 & 2028

5.4 Tortillas

5.4.1 Tortillas Market Estimates and Forecast, 2020-2028 (USD Million)

5.5 Tacos

5.5.1 Tacos Market Estimates and Forecast, 2020-2028 (USD Million)

5.6 Burritos

5.6.1 Burritos Market Estimates and Forecast, 2020-2028 (USD Million)

5.7 Enchiladas

5.7.1 Enchiladas Market Estimates and Forecast, 2020-2028 (USD Million)

5.8 Others

5.8.1 Others Market Estimates and Forecast, 2020-2028 (USD Million)

6 GLOBAL HISPANIC FOOD MARKET, BY REGION

6.1 Introduction

6.2 North America Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.1 By Authentic Hispanic Foods

6.2.2 By Type

6.2.3 By Country

6.2.3.1 U.S. Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.1.1 By Authentic Hispanic Foods

6.2.3.1.2 By Type

6.2.3.2 Canada Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.2.1 By Authentic Hispanic Foods

6.2.3.2.2 By Type

6.2.3.3 Mexico Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.3.1 By Authentic Hispanic Foods

6.2.3.3.2 By Type

6.3 Europe Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.1 By Authentic Hispanic Foods

6.3.2 By Type

6.3.3 By Country

6.3.3.1 Germany Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.1.1 By Authentic Hispanic Foods

6.3.3.1.2 By Type

6.3.3.2 U.K. Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.2.1 By Authentic Hispanic Foods

6.3.3.2.2 By Type

6.3.3.3 France Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.3.1 By Authentic Hispanic Foods

6.3.3.3.2 By Type

6.3.3.4 Italy Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.4.1 By Authentic Hispanic Foods

6.3.3.4.2 By Type

6.3.3.5 Spain Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.5.1 By Authentic Hispanic Foods

6.3.3.5.2 By Type

6.3.3.6 Netherlands Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.6.1 By Authentic Hispanic Foods

6.3.3.6.2 By Type

6.3.3.7 Rest of Europe Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.6.1 By Authentic Hispanic Foods

6.3.3.6.2 By Type

6.4 Asia Pacific Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.1 By Authentic Hispanic Foods

6.4.2 By Type

6.4.3 By Country

6.4.3.1 China Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.1.1 By Authentic Hispanic Foods

6.4.3.1.2 By Type

6.4.3.2 Japan Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.2.1 By Authentic Hispanic Foods

6.4.3.2.2 By Type

6.4.3.3 India Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.3.1 By Authentic Hispanic Foods

6.4.3.3.2 By Type

6.4.3.4 South Korea Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.4.1 By Authentic Hispanic Foods

6.4.3.4.2 By Type

6.4.3.5 Singapore Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.5.1 By Authentic Hispanic Foods

6.4.3.5.2 By Type

6.4.3.6 Malaysia Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.6.1 By Authentic Hispanic Foods

6.4.3.6.2 By Type

6.4.3.7 Thailand Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.6.1 By Authentic Hispanic Foods

6.4.3.6.2 By Type

6.4.3.8 Indonesia Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.7.1 By Authentic Hispanic Foods

6.4.3.7.2 By Type

6.4.3.9 Vietnam Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.8.1 By Authentic Hispanic Foods

6.4.3.8.2 By Type

6.4.3.10 Taiwan Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.10.1 By Authentic Hispanic Foods

6.4.3.10.2 By Type

6.4.3.11 Rest of Asia Pacific Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.11.1 By Authentic Hispanic Foods

6.4.3.11.2 By Type

6.5 Middle East & Africa Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.1 By Authentic Hispanic Foods

6.5.2 By Type

6.5.3 By Country

6.5.3.1 Saudi Arabia Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.1.1 By Authentic Hispanic Foods

6.5.3.1.2 By Type

6.5.3.2 U.A.E. Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.2.1 By Authentic Hispanic Foods

6.5.3.2.2 By Type

6.5.3.3 Israel Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.3.1 By Authentic Hispanic Foods

6.5.3.3.2 By Type

6.5.3.4 South Africa Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.4.1 By Authentic Hispanic Foods

6.5.3.4.2 By Type

6.5.3.5 Rest of Middle East & Africa Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.5.1 By Authentic Hispanic Foods

6.5.3.5.2 By Type

6.6 Central & South America Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.1 By Authentic Hispanic Foods

6.6.2 By Type

6.6.3 By Country

6.6.3.1 Brazil Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.1.1 By Authentic Hispanic Foods

6.6.3.1.2 By Type

6.6.3.2 Argentina Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.2.1 By Authentic Hispanic Foods

6.6.3.2.2 By Type

6.6.3.3 Chile Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.3.1 By Authentic Hispanic Foods

6.6.3.3.2 By Type

6.6.3.3 Rest of Central & South America Hispanic Food Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.3.1 By Authentic Hispanic Foods

6.6.3.3.2 By Type

7 COMPETITIVE LANDCAPE

7.1 Company Market Share Analysis

7.2 Four Quadrant Positioning Matrix

7.2.1 Market Leaders

7.2.2 Market Visionaries

7.2.3 Market Challengers

7.2.4 Niche Market Players

7.3.4 Rest of the World

7.4 Company Profiles

7.4.1 AmigoFoods

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2 B and G Foods Inc.

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3 Campbell Soup Co.

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4 Conagra Brands Inc.

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5 Food Concepts International

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6 General Mills Inc.

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7 Grupo Bimbo SAB de CV

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8 MTY Food Group Inc.

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9 The Kraft Heinz Co.

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10 YUM Brands Inc.

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

7.4.11 Other Companies

7.4.11.1 Business Description & Financial Analysis

7.4.11.2 SWOT Analysis

7.4.11.3 Products & Services Offered

7.4.11.4 Strategic Alliances between Business Partners

8 RESEARCH METHODOLOGY

8.1 Market Introduction

8.1.1 Market Definition

8.1.2 Market Scope & Segmentation

8.2 Information Procurement

8.2.1 Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2 Primary Research

8.2.2.1 Various Type of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3 Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4 Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3 Market Estimation

8.3.1 Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2 Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4 Data Triangulation

8.4.1 Data Collection

8.4.2 Time Series, Cross Sectional & Panel Data Analysis

8.4.3 Cluster Analysis

8.5 Analysis and Output

8.5.1 Inhouse AI Based Real Time Analytics Tool

8.5.2 Output From Desk & Primary Research

8.6 Research Assumptions & Limitations

8.6.1 Research Assumptions

8.6.2 Research Limitations

LIST OF TABLES

1 Global Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

2 Products Imported From Hispanic Countries Market, By Region, 2020-2028 (USD Mllion)

3 Products Prepared Locally Using Traditional Recipes Market, By Region, 2020-2028 (USD Mllion)

4 Global Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

5 Tortillas Market, By Region, 2020-2028 (USD Mllion)

6 Tacos Market, By Region, 2020-2028 (USD Mllion)

7 Burritos Market, By Region, 2020-2028 (USD Mllion)

8 Enchiladas Market, By Region, 2020-2028 (USD Mllion)

9 Others Market, By Region, 2020-2028 (USD Mllion)

10 Regional Analysis, 2020-2028 (USD Mllion)

11 North America Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

12 North America Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

13 U.S. Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

14 U.S. Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

15 Canada Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

16 Canada Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

17 Mexico Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

18 Mexico Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

19 Europe Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

20 Europe Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

21 Germany Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

22 Germany Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

23 U.K. Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

24 U.K. Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

25 France Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

26 France Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

27 Italy Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

28 Italy Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

29 Spain Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

30 Spain Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

31 Netherlands Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

32 Netherlands Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

33 Rest Of Europe Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

34 Rest Of Europe Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

35 Asia Pacific Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

36 Asia Pacific Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

37 China Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

38 China Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

39 Japan Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

40 Japan Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

41 India Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

42 India Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

43 South Korea Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

44 South Korea Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

45 Singapore Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

46 Singapore Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

47 Thailand Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

48 Thailand Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

49 Malaysia Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

50 Malaysia Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

51 Indonesia Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

52 Indonesia Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

53 Vietnam Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

54 Vietnam Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

55 Taiwan Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

56 Taiwan Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

57 Rest of APAC Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

58 Rest of APAC Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

59 Middle East & Africa Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

60 Middle East & Africa Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

61 Saudi Arabia Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

62 Saudi Arabia Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

63 UAE Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

64 UAE Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

65 Israel Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

66 Israel Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

67 South Africa Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

68 South Africa Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

69 Rest Of Middle East & Africa Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

70 Rest Of Middle East & Africa Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

71 Central & South America Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

72 Central & South America Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

73 Brazil Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

74 Brazil Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

75 Chile Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

76 Chile Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

77 Argentina Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

78 Argentina Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

79 Rest Of Central & South America Hispanic Food Market, By Authentic Hispanic Foods, 2020-2028 (USD Mllion)

80 Rest Of Central & South America Hispanic Food Market, By Type, 2020-2028 (USD Mllion)

81 AmigoFoods: Products & Services Offering

82 B and G Foods Inc.: Products & Services Offering

83 Campbell Soup Co.: Products & Services Offering

84 Conagra Brands Inc.: Products & Services Offering

85 Food Concepts International: Products & Services Offering

86 GENERAL MILLS INC.: Products & Services Offering

87 Grupo Bimbo SAB de CV : Products & Services Offering

88 MTY Food Group Inc.: Products & Services Offering

89 The Kraft Heinz Co., Inc: Products & Services Offering

90 YUM Brands Inc.: Products & Services Offering

91 Other Companies: Products & Services Offering

LIST OF FIGURES

1 Global Hispanic Food Market Overview

2 Global Hispanic Food Market Value From 2020-2028 (USD Mllion)

3 Global Hispanic Food Market Share, By Authentic Hispanic Foods (2022)

4 Global Hispanic Food Market Share, By Type (2022)

5 Global Hispanic Food Market, By Region (Asia Pacific Market)

6 Technological Trends In Global Hispanic Food Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global Hispanic Food Market

10 Impact Of Challenges On The Global Hispanic Food Market

11 Porter’s Five Forces Analysis

12 Global Hispanic Food Market: By Authentic Hispanic Foods Scope Key Takeaways

13 Global Hispanic Food Market, By Authentic Hispanic Foods Segment: Revenue Growth Analysis

14 Products Imported From Hispanic Countries Market, By Region, 2020-2028 (USD Mllion)

15 Products Prepared Locally Using Traditional Recipes Market, By Region, 2020-2028 (USD Mllion)

16 Global Hispanic Food Market: By Type Scope Key Takeaways

17 Global Hispanic Food Market, By Type Segment: Revenue Growth Analysis

18 Tortillas Market, By Region, 2020-2028 (USD Mllion)

19 Tacos Market, By Region, 2020-2028 (USD Mllion)

20 Burritos Market, By Region, 2020-2028 (USD Mllion)

21 Enchiladas Market, By Region, 2020-2028 (USD Mllion)

22 Others Market, By Region, 2020-2028 (USD Mllion)

23 Regional Segment: Revenue Growth Analysis

24 Global Hispanic Food Market: Regional Analysis

25 North America Hispanic Food Market Overview

26 North America Hispanic Food Market, By Authentic Hispanic Foods

27 North America Hispanic Food Market, By Type

28 North America Hispanic Food Market, By Country

29 U.S. Hispanic Food Market, By Authentic Hispanic Foods

30 U.S. Hispanic Food Market, By Type

31 Canada Hispanic Food Market, By Authentic Hispanic Foods

32 Canada Hispanic Food Market, By Type

33 Mexico Hispanic Food Market, By Authentic Hispanic Foods

34 Mexico Hispanic Food Market, By Type

35 Four Quadrant Positioning Matrix

36 Company Market Share Analysis

37 AmigoFoods: Company Snapshot

38 AmigoFoods: SWOT Analysis

39 AmigoFoods: Geographic Presence

40 B and G Foods Inc.: Company Snapshot

41 B and G Foods Inc.: SWOT Analysis

42 B and G Foods Inc.: Geographic Presence

43 Campbell Soup Co.: Company Snapshot

44 Campbell Soup Co.: SWOT Analysis

45 Campbell Soup Co.: Geographic Presence

46 Conagra Brands Inc.: Company Snapshot

47 Conagra Brands Inc.: Swot Analysis

48 Conagra Brands Inc.: Geographic Presence

49 Food Concepts International: Company Snapshot

50 Food Concepts International: SWOT Analysis

51 Food Concepts International: Geographic Presence

52 General Mills Inc.: Company Snapshot

53 General Mills Inc.: SWOT Analysis

54 General Mills Inc.: Geographic Presence

55 Grupo Bimbo SAB de CV : Company Snapshot

56 Grupo Bimbo SAB de CV : SWOT Analysis

57 Grupo Bimbo SAB de CV : Geographic Presence

58 MTY Food Group Inc.: Company Snapshot

59 MTY Food Group Inc.: SWOT Analysis

60 MTY Food Group Inc.: Geographic Presence

61 The Kraft Heinz Co., Inc.: Company Snapshot

62 The Kraft Heinz Co., Inc.: SWOT Analysis

63 The Kraft Heinz Co., Inc.: Geographic Presence

64 YUM Brands Inc.: Company Snapshot

65 YUM Brands Inc.: SWOT Analysis

66 YUM Brands Inc.: Geographic Presence

67 Other Companies: Company Snapshot

68 Other Companies: SWOT Analysis

69 Other Companies: Geographic Presence

The Global Hispanic Food Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Hispanic Food Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

What is the projected market size of the hispanic food market?

The Global Hispanic Food Market is expected to generate USD 231.7 billion in 2023 and is projected to grow at a CAGR of 6.5% from 2023 to 2028.

Who are the major vendors in the hispanic food market?

The paramount competitors covered in the global Hispanic food market report include AmigoFoods, B and G Foods Inc., Campbell Soup Co., Conagra Brands Inc., Food Concepts International, General Mills Inc., Grupo Bimbo SAB de CV, MTY Food Group Inc., The Kraft Heinz Co., and YUM Brands Inc. among others.

What are the opportunities prevailing in the global hispanic food market?

The opportunities prevailing in the global Hispanic food market are increasing popularity for Hispanic cuisine across developed & developing regions, clubbed with the rising adoption rate of healthy food lifestyle.

What are the major drivers in the hispanic food market?

The inclination towards global cuisines, rapid acceptance for international cultures, and increasing awareness regarding inclusivity in food space, are directly and positively affecting the growth of the market. Additionally, the rising number of touring expeditions and the rapidly evolving hotel and restaurant industry are also helping the market grow exponentially.