In 2020, the value of the Philippines' savory snacks market amounted to approximately *** million U.S. dollars. It was forecasted that by 2026, its market value would reach almost *** billion U.S. dollars.
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Meat Snacks (Savory Snacks) Market in Philippines – Outlook to 2022: Market Size, Growth and Forecast Analytics is a broad level market review of Meat Snacks market in Philippines. The research handbook provides up-to-date market size data for period 2012-2017 and illustrative forecast to 2022 covering key market aspects like Sales Value and Volume for Meat Snacks and its variants . Read More
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Meat Snacks – Ambient savory snacks made from meat which are specifically designed for snacking on (i.e. they don't form part of a main meal occasion such as breakfast, lunch or dinner). Includes Pepperami. Meat Snacks (Savory Snacks) Market in Philippines – Outlook to 2020: Market Size, Growth and Forecast Analytics is a broad level market review of Meat Snacks market of Philippines. The research handbook provides the up-to-date market size data for period 2011-2015 and illustrative forecast to 2020 covering key market aspects like Sales Value and Volume for Meat Snacks. Sales Values in the handbook are depicted in USD ($) and local currency of Philippines and Volumes are represented in M Kilograms. Furthermore, the research handbook details out Sales Value for top brands for the year 2012 to 2015 and overall market sales by Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Department Stores, Dollar Stores, Variety Store, Cash & Carries and Warehouse clubs, eRetailers, Food & Drinks specialists, Drug stores & Pharmacies, Health & Beauty Stores, Other general retailers and others) where ever applicable. The research handbook acts as an essential tool for companies active or planning to venture in to Philippines's Meat Snacks (Savory Snacks) market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting. Note: Certain content / sections in the research handbook may be removed or altered based on the availability and relevance of data. This is an on-demand report and will be delivered within 2 working days (excluding weekends) of the purchase. Read More
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Packaged Tamales Market Size 2025-2029
The packaged tamales market size is forecast to increase by USD 203.8 million at a CAGR of 5.9% between 2024 and 2029.
The market is experiencing significant growth due to several key trends. The increasing popularity of Latin American cuisines in the US and Canada is driving demand for traditional dishes like tamales.
Moreover, the convenience of ordering food online through portals, smartphones and mobile apps has led to an increase in the sales of packaged tamales. Additionally, the trend of preparing meals at home has gained momentum, particularly during the COVID-19 pandemic, resulting in higher demand for convenient and ready-to-eat options like packaged tamales. These factors are expected to fuel market growth in the coming years.
What will be the Size of the Packaged Tamales Market During the Forecast Period?
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The packaged tamale market presents a vibrant and dynamic sector in the global food industry. This market caters to consumers seeking convenient, authentic Mexican dishes for various occasions, including food at home, catering events, and online on-demand food delivery services. Tamales, a traditional savory dish wrapped in corn husks, offer a rich culinary experience with their flavorful filling and unique cornmeal dough. Tamales come in various meat-based and vegetarian options, reflecting the diversity of Mexican food culture. The market's growth is driven by the increasing popularity of quick meal options and the desire for healthy Mexican food. Homemade tamales, with their artisanal appeal, continue to be a favorite, while industrial production ensures consistent availability.
Moreover, tamale ingredients, including corn husks, cornmeal, and seasonings, are essential to maintaining authenticity. Innovations in tortilla making machines and tamale production techniques have led to new variations, such as spicy tamales and those wrapped in banana leaves. The market's growth is further fueled by the cultural significance of tamales during festivals, parties, and holidays. Despite the convenience of packaged tamales, homemade versions remain a cherished part of Mexican food culture. Nutrition related to tortilla continues to be of interest to consumers, with many seeking easy and authentic methods for making tamales at home. The market's future looks bright, with opportunities for innovation, cultural preservation, and growth in the food industry.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Meat and seafood-based packaged tamales
Vegetable and other ingredients-based packaged tamales
Distribution Channel
Offline
Online
Geography
North America
Mexico
US
Europe
UK
France
Spain
APAC
China
Japan
South America
Brazil
Middle East and Africa
By Product Insights
The meat and seafood-based packaged tamales segment is estimated to witness significant growth during the forecast period. The market encompasses meat and seafood-based options, which is a growing segment due to the increasing number of new companies and innovative flavors. Factors driving market growth include the rising demand for seafood-based products in the US, Mexico, the Philippines, and Spain, as well as the expanding presence of organized retailing outlets. Packaging materials, such as natural and advanced options, ensure product preservation and food safety. Gourmet and ready-to-eat tamales offer convenience and ease for consumers. Vegetables are also gaining popularity in the market, providing a healthier alternative. The market is poised for continued growth due to these trends and the increasing popularity of international cuisine.
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The meat and seafood-based packaged tamales segment was valued at USD 349.90 million in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 60% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The North American market is experiencing consistent growth due to the increasing number of middle-class families and their desire for convenient meal solutions. With hectic lifestyles, consumers are turning to foodservice outlets, including packaged tamale shops, for ease in meal preparation. In the US, a significant portion of the population prefers tamales, particula
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In 2020, the value of the Philippines' savory snacks market amounted to approximately *** million U.S. dollars. It was forecasted that by 2026, its market value would reach almost *** billion U.S. dollars.