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The Americas hispanic food market size is forecast to increase by USD 7.8 billion at a CAGR of 4.9% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing popularity of traditional dishes such as stew-like soups made with Red and Green chiles, as well as Spicy offerings featuring Guajillo and Pasilla chiles. This trend aligns with the cultural significance of food as a representation of life's blessings and celebrations, particularly during holidays. Additionally, the convenience of ordering Mexican Street Food favorites like Elote and Mexican Street Corn through online portals and mobile apps continues to fuel market expansion. However, product recalls can pose challenges to market growth, emphasizing the importance of food safety and quality assurance. Overall, the market is poised for continued growth, fueled by changing consumer preferences and the enduring appeal of authentic, flavorful dishes.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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