Latin America Botanical Supplements Market Size & Outlook
Latin America botanical supplements market, 2017-2028 (US$M)
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Latin America botanical supplements market highlights
- The Latin America botanical supplements market generated a revenue of USD 1,442.0 million in 2020.
- The market is expected to grow at a CAGR of 9.7% from 2021 to 2028.
- In terms of segment, leaves was the largest revenue generating source in 2020.
- Leaves is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 1,442.0 million |
| Market revenue in 2028 | USD 3,029.3 million |
| Growth rate | 9.7% (CAGR from 2020 to 2028) |
| Largest segment | Leaves |
| Fastest growing segment | Leaves |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Herbs, Leaves, Spices, Flowers |
| Key market players worldwide | Dabur India, Mondelez International Inc Class A, Procter & Gamble Co, Basf SE, The Himalaya Drug Company, Glanbia PLC, Kirin Holdings Co Ltd, The Carlyle Group Inc, Ricola, Nutraceutical International Corp. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.2% of the global botanical supplements market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18,683.2 million by 2028.
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Botanical Supplements Market Scope
Botanical Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America botanical supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to botanical supplements market will help companies and investors design strategic landscapes.
Leaves was the largest segment with a revenue share of 34.22% in 2020. Horizon Databook has segmented the Latin America botanical supplements market based on herbs, leaves, spices, flowers covering the revenue growth of each sub-segment from 2017 to 2028.
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Target buyers of Latin America botanical supplements market databook
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Our clientele includes a mix of botanical supplements market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America botanical supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America botanical supplements market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America botanical supplements market size, by country, 2017-2028 (US$M)
Latin America Botanical Supplements Market Outlook Share, 2020 & 2028 (US$M)
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