Latin America Desiccated Coconut Market Size & Outlook
The desiccated coconut market in Latin America is expected to reach a projected revenue of US$ 3,445.0 million by 2030. A compound annual growth rate of 3.4% is expected of Latin America desiccated coconut market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,730.4
Forecast, 2030 (US$M)
$3,445.0
CAGR, 2024 - 2030
3.4%
Report Coverage
Latin America
Latin America desiccated coconut market, 2018-2030 (US$M)
Latin America desiccated coconut market highlights
- The Latin America desiccated coconut market generated a revenue of USD 2,730.4 million in 2023.
- The market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, conventional was the largest revenue generating nature in 2023.
- Conventional is the most lucrative nature segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 2,730.4 million |
| Market revenue in 2030 | USD 3,445.0 million |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Conventional |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional |
Other key industry trends
- In terms of revenue, Latin America region accounted for 27.9% of the global desiccated coconut market in 2023.
- Globally, Latin 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 2,847.5 million by 2030.
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Desiccated Coconut Market Scope
Desiccated coconut market segmentation & scope
Application
Bakery and Confectionery
Dairy
Health foods and supplements
Culinary
Others (Pet food, cosmetics)
Distribution Channel
Supermarkets & Hypermarkets
Convenience Stores
Online
Others
Desiccated Coconut Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America desiccated coconut market
Related regional statistics
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