Product Code: ETC018087 | Publication Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Venezuela Bread and Bakery Products market was valued at US$ 2.8 billion in 2020, with an estimated CAGR of 6.4% during the forecast period 2020-2026. Venezuela is a major producer, consumer and exporter of bakery products in South America, due to its large population size and rising disposable income among consumers. The growth in demand for convenience foods such as pastries, cakes and baked goods has been spurred by busy lifestyles and a growing appetite for traditional snacks like empanadas or arepas (cornmeal patties). Furthermore, rising health consciousness among consumers has led to an increasing demand for whole wheat breads that have lower fat content than white breads.
In addition to this, product innovation by manufactures has enabled the industry to launch new products including healthy snacking options such as gluten-free cookies or vegan muffins which have helped drive sales volume over recent years. Despite having faced economic challenges caused by inflationary pressures affecting purchasing power amongst Venezuelas, the category still registered strong growth over 2019 - 2020 prior to the pandemic driven downturn due to lockdowns implemented across Latin American countries from mid-March onwards.
However despite these challenges there remain numerous opportunities within the market moving forward into 2020 – 2026 primarily associated with continued population expansion paired with increased availability of premium quality ingredients enabling manufacturers focus on product uniqueness as well geographic expansions into neighboring markets through export channels where applicable.
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 Venezuela Bread and Bakery Products Market Overview |
3.1 Venezuela Country Macro Economic Indicators |
3.2 Venezuela Bread and Bakery Products Market Revenues & Volume, 2019 & 2026F |
3.3 Venezuela Bread and Bakery Products Market - Industry Life Cycle |
3.4 Venezuela Bread and Bakery Products Market - Porter's Five Forces |
3.5 Venezuela Bread and Bakery Products Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Venezuela Bread and Bakery Products Market Revenues & Volume Share, By Claim, 2019 & 2026F |
3.7 Venezuela Bread and Bakery Products Market Revenues & Volume Share, By Form , 2019 & 2026F |
4 Venezuela Bread and Bakery Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Venezuela Bread and Bakery Products Market Trends |
6 Venezuela Bread and Bakery Products Market, By Types |
6.1 Venezuela Bread and Bakery Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Venezuela Bread and Bakery Products Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Venezuela Bread and Bakery Products Market Revenues & Volume, By Cake, 2016 - 2026F |
6.1.4 Venezuela Bread and Bakery Products Market Revenues & Volume, By Pastries, 2016 - 2026F |
6.1.5 Venezuela Bread and Bakery Products Market Revenues & Volume, By Breads, 2016 - 2026F |
6.1.6 Venezuela Bread and Bakery Products Market Revenues & Volume, By Pastries, 2016 - 2026F |
6.1.7 Venezuela Bread and Bakery Products Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Venezuela Bread and Bakery Products Market, By Claim |
6.2.1 Overview and Analysis |
6.2.2 Venezuela Bread and Bakery Products Market Revenues & Volume, By Gluten-Free , 2016 - 2026F |
6.2.3 Venezuela Bread and Bakery Products Market Revenues & Volume, By Organic, 2016 - 2026F |
6.3 Venezuela Bread and Bakery Products Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Venezuela Bread and Bakery Products Market Revenues & Volume, By Fresh, 2016 - 2026F |
6.3.3 Venezuela Bread and Bakery Products Market Revenues & Volume, By Frozen, 2016 - 2026F |
6.3.4 Venezuela Bread and Bakery Products Market Revenues & Volume, By Others, 2016 - 2026F |
7 Venezuela Bread and Bakery Products Market Import-Export Trade Statistics |
7.1 Venezuela Bread and Bakery Products Market Export to Major Countries |
7.2 Venezuela Bread and Bakery Products Market Imports from Major Countries |
8 Venezuela Bread and Bakery Products Market Key Performance Indicators |
9 Venezuela Bread and Bakery Products Market - Opportunity Assessment |
9.1 Venezuela Bread and Bakery Products Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Venezuela Bread and Bakery Products Market Opportunity Assessment, By Claim, 2019 & 2026F |
9.3 Venezuela Bread and Bakery Products Market Opportunity Assessment, By Form , 2019 & 2026F |
10 Venezuela Bread and Bakery Products Market - Competitive Landscape |
10.1 Venezuela Bread and Bakery Products Market Revenue Share, By Companies, 2019 |
10.2 Venezuela Bread and Bakery Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |