
Hispanic Food Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)
Description
The global hispanic food market size reached a value of approximately USD 241.46 Billion in 2024 . The market is further expected to grow at a CAGR of 7.60% between 2025 and 2034, reaching a value of USD 502.31 Billion by 2034 .
Key Trends in the Market
Hispanic food refers to the cuisine and food dishes from Spanish-speaking nations in South America, Central America, and the Caribbean, including Puerto Rico, Mexico, and Spain. They encompass unique regional recipes and are growing in popularity worldwide, with a variety of flavours and textures used for vegetarian and non-vegetarian preparations.
The EMR’s report titled “Global Hispanic Food Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Food Type
Tacos are anticipated to account for a significant portion of the market for Hispanic foods over the forecast period. This is due to the versatile nature of the tacos that allows the consumer to opt for their preferred type of filling. Tacos can be filled with meat and seafood as well as with vegetarian and vegan fillings such as potatoes, beans, and rice, among others, keeping in line according to the various dietary restrictions. Furthermore, tacos are relatively simple to prepare, and flavours can be adjusted to suit the consumer.
Global Hispanic Food Market Share by Region
North America is projected to witness significant growth in the market for Hispanic food over the upcoming years, this growth can be attributed to immigration from Hispanic regions and widespread likeability of the food. Many of the Hispanic dishes can be cooked on a budget with affordable ingredients, this in turn is booting the Hispanic food market in North America. Additionally, Hispanic dishes offer various health advantages such as lower glucose and blood cholesterol levels, are excellent sources of unsaturated fats, and help in relieving and managing congestion of allergies and the common cold.
Competitive Landscape
The comprehensive EMR 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 global Hispanic food market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
AmigoFoods
AmigoFoods is one of the world’s largest online grocery stores offering a wide range of freshly grown and hard to find foods and beverages. They were founded in 1912 and are headquartered in Florida, United States.
Campbell Soup Company
Campbell Soup Company is a food and beverage company that was established in 1869 and is based in New Jersey, United States. This brand powerhouse focuses on two major divisions; snacks, and meals and beverages.
B&G Foods Inc.
B&G Foods Inc. is a food and beverage services company that was founded in 1889 and is headquartered in New Jersey, United States. Their diverse family of brands includes a wide range of products, from snacks to spices.
Other market players include Conagra Brands Inc., Taco Bell IP Holder, LLC, Patron Mexican Bar and Grill, The Kraft Heinz Co., YUM Brands Inc, Food Concepts International (Abuelo), and PepsiCo, Inc., among others.
Key Trends in the Market
Hispanic food refers to the cuisine and food dishes from Spanish-speaking nations in South America, Central America, and the Caribbean, including Puerto Rico, Mexico, and Spain. They encompass unique regional recipes and are growing in popularity worldwide, with a variety of flavours and textures used for vegetarian and non-vegetarian preparations.
- The consumption of Hispanic foods is rising due to the growing knowledge about the various health benefits offered by the Hispanic dishes. Many of the food products are good sources of vitamins and minerals, proteins, soluble fibre, and capsaicin, among others.
- The key Hispanic food market trends include growing requirement for convenient and easy to cook meal solutions due to hectic work schedules. The popularity of Hispanic foods is therefore increasing as various Hispanic dishes are relatively easy to cook and do not require much preparation.
- Increasing popularity of Hispanic foods on social media platforms such as TikTok and Instagram is also expected to boost the Hispanic food market growth over the forecast period. Food bloggers and influencers are increasingly becoming interested in the cuisine due to its highly flavourful dishes.
The EMR’s report titled “Global Hispanic Food Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Food Type
- Tex-Mex Cuisine
- Refried Beans
- Burritos
- Tacos
- Salsa
- Tortilla
- Chilaquiles
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Tacos are anticipated to account for a significant portion of the market for Hispanic foods over the forecast period. This is due to the versatile nature of the tacos that allows the consumer to opt for their preferred type of filling. Tacos can be filled with meat and seafood as well as with vegetarian and vegan fillings such as potatoes, beans, and rice, among others, keeping in line according to the various dietary restrictions. Furthermore, tacos are relatively simple to prepare, and flavours can be adjusted to suit the consumer.
Global Hispanic Food Market Share by Region
North America is projected to witness significant growth in the market for Hispanic food over the upcoming years, this growth can be attributed to immigration from Hispanic regions and widespread likeability of the food. Many of the Hispanic dishes can be cooked on a budget with affordable ingredients, this in turn is booting the Hispanic food market in North America. Additionally, Hispanic dishes offer various health advantages such as lower glucose and blood cholesterol levels, are excellent sources of unsaturated fats, and help in relieving and managing congestion of allergies and the common cold.
Competitive Landscape
The comprehensive EMR 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 global Hispanic food market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
AmigoFoods
AmigoFoods is one of the world’s largest online grocery stores offering a wide range of freshly grown and hard to find foods and beverages. They were founded in 1912 and are headquartered in Florida, United States.
Campbell Soup Company
Campbell Soup Company is a food and beverage company that was established in 1869 and is based in New Jersey, United States. This brand powerhouse focuses on two major divisions; snacks, and meals and beverages.
B&G Foods Inc.
B&G Foods Inc. is a food and beverage services company that was founded in 1889 and is headquartered in New Jersey, United States. Their diverse family of brands includes a wide range of products, from snacks to spices.
Other market players include Conagra Brands Inc., Taco Bell IP Holder, LLC, Patron Mexican Bar and Grill, The Kraft Heinz Co., YUM Brands Inc, Food Concepts International (Abuelo), and PepsiCo, Inc., among others.
Table of Contents
150 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Hispanic Food Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Hispanic Food Historical Market (2018-2024)
- 5.3 Global Hispanic Food Market Forecast (2025-2034)
- 5.4 Global Hispanic Food Market by Food Type
- 5.4.1 Tex-Mex Cuisine
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Refried Beans
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.4.3 Burritos
- 5.4.3.1 Historical Trend (2018-2024)
- 5.4.3.2 Forecast Trend (2025-2034)
- 5.4.4 Tacos
- 5.4.4.1 Historical Trend (2018-2024)
- 5.4.4.2 Forecast Trend (2025-2034)
- 5.4.5 Salsa
- 5.4.5.1 Historical Trend (2018-2024)
- 5.4.5.2 Forecast Trend (2025-2034)
- 5.4.6 Tortilla
- 5.4.6.1 Historical Trend (2018-2024)
- 5.4.6.2 Forecast Trend (2025-2034)
- 5.4.7 Chilaquiles
- 5.4.7.1 Historical Trend (2018-2024)
- 5.4.7.2 Forecast Trend (2025-2034)
- 5.4.8 Others
- 5.5 Global Hispanic Food Market by Region
- 5.5.1 North America
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Europe
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Asia Pacific
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.5.4 Latin America
- 5.5.4.1 Historical Trend (2018-2024)
- 5.5.4.2 Forecast Trend (2025-2034)
- 5.5.5 Middle East and Africa
- 5.5.5.1 Historical Trend (2018-2024)
- 5.5.5.2 Forecast Trend (2025-2034)
- 6 North America Hispanic Food Market Analysis
- 6.1 United States of America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Canada
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Europe Hispanic Food Market Analysis
- 7.1 United Kingdom
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Germany
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 France
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Italy
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Asia Pacific Hispanic Food Market Analysis
- 8.1 China
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Japan
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 India
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 ASEAN
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Australia
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Latin America Hispanic Food Market Analysis
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Argentina
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mexico
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Hispanic Food Market Analysis
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 AmigoFoods
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Campbell Soup Company
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 B&G Foods Inc.
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Conagra Brands Inc.
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Taco Bell IP Holder, LLC
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Patron Mexican Bar and Grill
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 The Kraft Heinz Co.
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 YUM Brands Inc
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Food Concepts International (Abuelo)
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 PepsiCo, Inc.
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Others
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