Industry Segment: Market Brief | Word Count: 90 Words

The Latin American sugar confectionery market has been strongly supported by the growing sugarcane industry. Brazil is one of the largest markets in the region, followed by Mexico, Argentina and Colombia, which are all intensifying their investments.

Innovation at sugar confectioneries has also enhanced the Latin American market, and consumption of sugar confectionery products, including chocolate, is expected to increase. This trend has been driving significant local investments.

Companies' main projects involve the addition of new production lines in order to increase plant capacity and diversify products.