Latin America Dairy Products Market Size & Outlook
Latin America dairy products market, 2016-2027 (US$M)
Related Markets
Latin America dairy products market highlights
- The Latin America dairy products market generated a revenue of USD 62,733.3 million in 2019.
- The market is expected to grow at a CAGR of 2.7% from 2020 to 2027.
- In terms of segment, cheese was the largest revenue generating product in 2019.
- Cheese 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 2019 | USD 62,733.3 million |
| Market revenue in 2027 | USD 77,366.1 million |
| Growth rate | 2.7% (CAGR from 2019 to 2027) |
| Largest segment | Cheese |
| Fastest growing segment | Cheese |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Milk, Cheese, Yogurt, Butter, Other Products |
| Key market players worldwide | Fonterra Co-operative Group, The Kraft Heinz Co, Nestle SA, Danone SA, Dairy Farmers of America, DMK Group, Meiji Holdings Co Ltd, FrieslandCampina, Arla Foods, AMUL |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.0% of the global dairy products market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 205,137.3 million by 2027.
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Dairy Products Market Scope
Dairy Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America dairy products 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 dairy products market will help companies and investors design strategic landscapes.
Cheese was the largest segment with a revenue share of 34.96% in 2019. Horizon Databook has segmented the Latin America dairy products market based on milk, cheese, yogurt, butter, other products covering the revenue growth of each sub-segment from 2016 to 2027.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America dairy products market databook
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Our clientele includes a mix of dairy products 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 dairy products market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America dairy products market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America dairy product market size, by country, 2016-2027 (US$M)
Latin America Dairy Products Market Share, 2019 & 2027 (US$M)
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