Key Trends in the Market
A doughnut or donut is a fried food that is typically sweet and prepared from leavened dough. Doughnuts are generally in the shape of a ring or ball, with optional filling within and often topped with a glaze. Common ingredients of doughnuts are flour, sugar, leavening agent, milk, eggs, and salt.- Increasing interest in doughnuts across various countries in Latin America and rising disposable income of consumers are fuelling the growth of the Latin America doughnut market and heightening the demand for premium doughnuts.
- Customisation of doughnuts is a growing trend where consumers can choose the shape, flavour, fillings, and glaze of their doughnuts . These custom doughnuts are popular for gifting and general purchasing.
- Rising trend of advertising doughnuts on the social media platforms using visually appealing images have increased their visibility and demand among consumers of various ages, particularly doughnuts in new flavours and variations.
Market Segmentation
The report titled “Latin America Doughnut Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Type
- Yeast Doughnuts
- Cake Doughnuts
- Others
Market Breakup by End Use
- Food Service
- Retail
- Others
Market Breakup by Country
- Brazil
- Argentina
- Mexico
- Chile
- Colombia
- Others
Market Share by End Use
Retail segment, based on end use, is growing rapidly in the Latin America doughnut market owing to growing popularity of doughnuts as a snack item. Consumers can easily purchase larger volumes of doughnuts at lower costs through retail outlets and choose from a wide range of options. Moreover, expansion of online retail outlets are increasing the convenience of purchasing doughnuts through retail as buyers can receive desired doughnuts directly at home. Meanwhile, food service end uses are anticipated to witness steady growth in the coming years as doughnuts are becoming a popular breakfast item served in several restaurants and cafes.Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Latin America doughnut market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.Dunkin Donuts LLC
Dunkin Donuts LLC was founded in 1950 has its headquarter located in Massachusetts in the United States. This food coffee and doughnut company produces coffees, a wide range of doughnuts, and other baked goods for consumers globally.Hostess Brands
Hostess Brands is a bakery company that was founded in 2013. The company is headquartered in Kansas in the United States and produces snack cakes, wafers, doughnuts, and cookies, among other products, with quality packaging for bulk items.Starbucks Corporation
Starbucks Corporation was established in 1971 and has its headquarters located in Washington in the United States. This multinational coffeehouse company with branches worldwide offers cold coffees, hot drinks, and hot breakfast items, among others, to consumers.Other market players include Krispy Kreme, Inc., Grupo Bimbo, and Little Debbie, among others.
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Companies Mentioned
- Dunkin Donuts LLC
- Hostess Brands
- Starbucks Corporation