About Packaged Tostones
Twice-fried plantain slices are known as tostones.
Technavio’s analysts forecast the packaged tostones market in the Americas will post a revenue of close to USD 580 million by 2022.
Covered in this report
The report covers the present scenario and the growth prospects of the packaged tostones market in the Americas for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Packaged Tostones Market in the Americas 2018-2022
Technavio recognizes the following companies as the key players in the packaged tostones market in the Americas: Goya Foods, Neilly’s Foods, Preference Foods, Quirch Foods, and TropicMax.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is inclination toward snacking. The American consumers are highly inclined toward snacking. More than 90% of the American consumers snack at least once a day. More than 60% of the consumers snack to satisfy their cravings.”
According to the report, one driver in the market is wide availability of plantains in Americas. Plantains are widely cultivated in the Americas. It has been observed that during 2016, the consumption of banana was high in the US as it was the most popular fruit in the country. This has resulted in an increased availability of plantains and plantain-based food products.
Further, the report states that one challenge in the market is increasing at-home preparation of tostones. The increasing at-home preparation of tostones hampers the sale of packaged tostones in the Americas. The easy availability of plantain in the region contributes to the increased preparation of tostones at homes.
Goya Foods, Neilly’s Foods, Preference Foods, Quirch Foods, and TropicMax.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook