Latin America Cultured Food Market Size & Outlook
Latin America cultured food market, 2018-2030 (US$M)
Related Markets
Latin America cultured food market highlights
- The Latin America cultured food market generated a revenue of USD 2,313.2 million in 2023.
- The market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, dairy-based was the largest revenue generating product in 2023.
- Meat and Seafood 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 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,313.2 million |
| Market revenue in 2030 | USD 3,911.8 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Dairy-based |
| Fastest growing segment | Meat and Seafood |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dairy-Based, Plant-Based, Meat and Seafood, Kombucha |
| Key market players worldwide | Fonterra Co-operative Group, Danone SA, Nestle SA, Chobani, UPSIDE Foods, Mosa Meat, Finless Foods, BlueNalu, Aleph Farms, Wildtype, Mission Barns, Perfect Day, SuperMeat, Shiok Meats |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.3% of the global cultured food market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,511.7 million by 2030.
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Cultured Food Market Scope
Cultured Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America cultured food 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 cultured food market will help companies and investors design strategic landscapes.
Dairy-based was the largest segment with a revenue share of 60.94% in 2023. Horizon Databook has segmented the Latin America cultured food market based on dairy-based, plant-based, meat and seafood, kombucha covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America cultured food market databook
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Our clientele includes a mix of cultured food market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cultured food market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cultured food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America cultured food market report size, by country, 2018-2030 (US$M)
Latin America Cultured Food Market Outlook Share, 2023 & 2030 (US$M)
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