Latin America's Food Service Heats Up Ahead of Fispal 2026
Global South EXPOHUB AI Analytics · 2026-05-28
Brazil's food service market — host of Fispal Food Service in São Paulo, South America's largest event for the sector — is set to grow from USD 18.56 billion in 2026 to USD 26.21 billion by 2031, at a 7.15% CAGR. Across the region, the quick-service segment alone topped USD 94 billion in 2025. Growth is powered by 88% urbanisation and 55+ million active delivery-app users on platforms like iFood and Rappi. Delivery revenue is advancing at 10.07% CAGR, while cloud kitchens — the fastest-growing format — surge at 11.18%. The professional ice cream and gelato segment is equally dynamic: South America's market climbs from USD 10.65 billion in 2026 to USD 13.39 billion by 2031. Key trends: kitchen automation, digital transformation, ANVISA traceability compliance, premium artisanal gelato, and regional flavours such as açaí and cupuaçu — making the region a magnet for equipment and ingredient suppliers.
Context event: Fispal Food Service 2026