Foodservice chains in Brazil and Mexico dominate the ranks of the largest local restaurant players in Latin America, led by the uniquely Brazilian Habib’s, a brand offering low-priced, meat-filled pastries popular in a region where low-income consumers still account for a major portion of demand. Habib’s meat-filled offerings, or esfihas, are ubiquitous in Brazil and are based on similar pastries found in the Middle East. Indeed, the chain is sometimes referred to as the ...

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