Brazil Bake Stable Pastry Fillings Market Size & Outlook
Brazil bake stable pastry fillings market, 2018-2028 (US$M)
Related Markets
Brazil bake stable pastry fillings market highlights
- The Brazil bake stable pastry fillings market generated a revenue of USD 49.6 million in 2020 and is expected to reach USD 79.7 million by 2028.
- The Brazil market is expected to grow at a CAGR of 6.1% from 2021 to 2028.
- In terms of segment, fruits was the largest revenue generating product in 2020.
- Nuts is the most lucrative product segment registering the fastest growth during the forecast period.
Bake stable pastry fillings market data book summary
| Market revenue in 2020 | USD 49.6 million |
| Market revenue in 2028 | USD 79.7 million |
| Growth rate | 6.1% (CAGR from 2020 to 2028) |
| Largest segment | Fruits |
| Fastest growing segment | Nuts |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chocolate, Fruits, Nuts |
| Key market players worldwide | Dr.Oetker, Avebe, Dawn Food Products, Herbstreith & Fox, Puratos, Andros Foods North America, Famesa, Malas Fruit |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.9% of the global bake stable pastry fillings market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil bake stable pastry fillings market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 79.7 million by 2028.
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Bake Stable Pastry Fillings Market Scope
Bake Stable Pastry Fillings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil bake stable pastry fillings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bake stable pastry fillings market will help companies and investors design strategic landscapes.
Fruits was the largest segment with a revenue share of 53.83% in 2020. Horizon Databook has segmented the Brazil bake stable pastry fillings market based on chocolate, fruits, nuts covering the revenue growth of each sub-segment from 2018 to 2028.
Baked goods consumption in Brazil has grown substantially over the past few years, especially in cities such as São Paulo, Rio de Janeiro, Belo Horizonte, Porto Alegre, Brasilia, and Campinas. Based on an article published by Baking Business in 2019, more than 63,000 traditional bakeries are currently operating in Brazil.
Thus, the high prevalence of bakeries coupled with the high consumption of baked goods is anticipated to propel the demand for baking supplies, such as bake stable pastry fillings, in the country.
Furthermore, during the pandemic, various government and non-government organizations, and churches in the region focused on donating freshly baked goods to low-income families, rehabilitation centers, and homeless people, among others.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil bake stable pastry fillings market, including forecasts for subscribers. This country databook contains high-level insights into Brazil bake stable pastry fillings market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Brazil bake stable pastry fillings market size, by product, 2018-2028 (US$M)
Brazil Bake Stable Pastry Fillings Market Share, 2020 & 2028 (US$M)
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