The size of the Latin America Wafer Biscuits market is estimated to reach USD 10.37 billion by 2029 from USD 8.49 billion in 2024, growing at a CAGR of 4.09% from 2024 to 2029.
Wafer biscuits are crisp and thin usually filled with cream. They are gaining immense popularity. They are also used in the preparation of ice cream sandwiches.An ever-increasing demand for convenience food along with a rise in disposable income is driving the growth of the wafer market. They have a widespread application including the manufacture of ice creams and chocolate bars, which add to the market growth. Health concerns pose a major threat to the market, especially in developed countries. As a result, manufacturers are developing new healthier varieties to attract the health-conscious population. Heavy competition, coupled with a rise in the number of alternative products, restrains the growth of this market.
Cream filled
coated
sandwich cookies
ice cream decorations
chocolate bars
Supermarkets
convenience stores
food speciality stores
online retailers
Argentina
Brazil
Mexico
rest of Latin America
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