The Packaged Tostones Market in Americas is being driven by Wide availability of plantains in Americas
The Packaged Tostones Market in Americas is expected to grow at a CAGR of 2.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 85.6 million. The Americas market for packaged tostones has experienced significant growth due to the region's increasing urbanization and the prevalence of busy, on-the-go lifestyles. These convenient, ready-to-eat snacks cater to consumers' time constraints and portability needs. Additionally, the cultural diversity of the Americas has fueled a growing interest in exploring unique and authentic flavors. Packaged tostones, rooted in Latin American and Caribbean cuisines, offer a distinctive and culturally rich snacking experience that aligns with this trend. The convenience and cultural appeal of packaged tostones make them an attractive option for consumers seeking quick and satisfying snacks.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
188 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.8% |
Market growth 2025-2029 |
USD 85.6 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
2.7 |
Key countries |
US, Colombia, Canada, Brazil, and Mexico |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Packaged Tostones Market in the Americas is significant for airport security, with Grand Rapids and Incheon Airport utilizing advanced systems like Airstar robot and Secom Robot for active interrogation of conventional explosives, weapons, chemical agents, contraband, and suspicious persons. Kansai Airports and Airports Authority employ facial recognition systems, sensors, cameras, and pulse rate detection for passenger identification and safety. Stanley Robotics and OEMs focus on business strategies and expansion plans, integrating airport infrastructure such as landside, terminal, boarding pass scanning, and airport baggage systems for health and safety measures. Leading players implement advanced technologies like advanced sensors, cameras, and pulse rate detection for passenger guidance and decision-making processes, ensuring a secure and efficient travel experience for air passengers during business and leisure travel.
The Packaged Tostones market in the Americas falls under the broader category of the global packaged foods and meats market. This market encompasses food processing vendors engaged in eliminating microorganisms and extending shelf life. According to Technavio, the market size is determined by the consolidated revenue of the participating vendors. It's important to note that this market excludes manufacturers of food processing equipment and producers of packaged alcoholic and non-alcoholic beverages, including mineral waters. Key growth drivers for the global packaged foods and meats market include the health benefits linked to minimally processed foods. Minimally processed foods, such as tostones, are nutrient-dense, providing essential minerals like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C. The global market's expansion is further fueled by the increasing consumer preference for convenience and healthier food options.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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