Unpackaged leavened bread is a staple food consumed by a large number of Bolivians. Though there will not be any significant volume growth in the coming years, considering its already high penetration levels, there will be some volume growth.
Dessert mixes is expected to register the highest current value growth in 2023 and will also register healthy growth over the forecast period. Dessert mixes experienced a boom during the pandemic lockdowns, as people turned to baking, as they spent significant amounts of time at home.
Tortilla consumption continues to grow in Bolivia, especially among younger generations. Such is the growing interest that local brands have also launched offerings.
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This is the aggregation of bread, pastries, dessert mixes, frozen baked goods and cakes. Note: Baked goods from in-store bakeries are classified under unpackaged/artisanal, not packaged/industrial. While they may be finished on-site, they are often prepared, then frozen or par-baked, at other locations. Such production models are very important for supermarket in-store bakeries, which have in the past been used to drive traffic and fill stores with appetising aromas, but for which the labour resources required to run a full-service scratch bakery are not always available.See All of Our Definitions
This report originates from Passport, our Baked Goods research and analysis database.
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