Latin America Clarified Butter Market Size & Outlook

The clarified butter market in Latin America is expected to reach a projected revenue of US$ 263.7 million by 2027. A compound annual growth rate of 10.7% is expected of Latin America clarified butter market from 2020 to 2027.
Revenue, 2019 (US$M)
$116.6
Forecast, 2027 (US$M)
$263.7
CAGR, 2020 - 2027
10.7%
Report Coverage
Latin America

Latin America clarified butter market highlights

  • The Latin America clarified butter market generated a revenue of USD 116.6 million in 2019.
  • The market is expected to grow at a CAGR of 10.7% from 2020 to 2027.
  • In terms of segment, conventional was the largest revenue generating product in 2019.
  • Flavored is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.

Latin America data book summary

Market revenue in 2019USD 116.6 million
Market revenue in 2027USD 263.7 million
Growth rate10.7% (CAGR from 2019 to 2027)
Largest segmentConventional
Fastest growing segmentFlavored
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationConventional, Flavored
Key market players worldwideSaputo Inc, Arla Foods, Lactalis, AMUL, Almarai, Heritage Foods, Britannia Industries, Jhandewalas Foods

Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.6% of the global clarified butter market in 2019.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • Europe is the fastest growing regional market and is projected to reach USD 742.0 million by 2027.

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Clarified Butter Market Scope

Clarified butter market segmentation & scope

Clarified Butter Market Companies

Name Profile # Employees HQ Website

Latin America clarified butter 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 clarified butter market will help companies and investors design strategic landscapes.


Conventional was the largest segment with a revenue share of 67.24% in 2019. Horizon Databook has segmented the Latin America clarified butter market based on conventional, flavored covering the revenue growth of each sub-segment from 2016 to 2027.


  • Latin America Clarified Butter Product Outlook (Revenue, USD Million, 2016-2027)
    • Conventional
    • Flavored
  • Latin America Clarified Butter Application Outlook (Revenue, USD Million, 2016-2027)
    • B2B
    • B2C
  • Latin America Clarified Butter Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • Online
    • Offline

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Target buyers of Latin America clarified butter market databook

  • Our clientele includes a mix of clarified butter market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America clarified butter market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America clarified butter market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Latin America clarified butter market size, by country, 2016-2027 (US$M)

Latin America Clarified Butter Market Outlook Share, 2019 & 2027 (US$M)

Latin America clarified butter market size, by country, 2016-2027 (US$M)

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