Latin America Digestive Health Products Market Size & Outlook
Latin America digestive health products market, 2017-2030 (US$M)
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Latin America digestive health products market highlights
- The Latin America digestive health products market generated a revenue of USD 4,259.7 million in 2021.
- The market is expected to grow at a CAGR of 7.8% from 2022 to 2030.
- In terms of segment, dairy products was the largest revenue generating product in 2021.
- Bakery & Cereals 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 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 4,259.7 million |
| Market revenue in 2030 | USD 8,355.5 million |
| Growth rate | 7.8% (CAGR from 2021 to 2030) |
| Largest segment | Dairy products |
| Fastest growing segment | Bakery & Cereals |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dairy Products, Supplements, Non-Alcoholic Beverages, Bakery & Cereals |
| Key market players worldwide | Basf SE, Nestle SA, International Flavors & Fragrances Inc, DuPont de Nemours Inc, Bayer AG, Danone SA, Arla Foods, Sanofi SA, Cargill, Chr. Hansen |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.6% of the global digestive health products market in 2021.
- 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 23,664.4 million by 2030.
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Digestive Health Products Market Scope
Digestive Health Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America digestive health 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 digestive health products market will help companies and investors design strategic landscapes.
Dairy products was the largest segment with a revenue share of 74.3% in 2021. Horizon Databook has segmented the Latin America digestive health products market based on dairy products, supplements, non-alcoholic beverages, bakery & cereals covering the revenue growth of each sub-segment from 2017 to 2030.
Central & South American market has estimated to grow for digestive health products with the new discoveries being build up for various diseases including diarrheal treatment, oral health, digestive health, weight health for the consumers in the region. Younger and adult consumers are more receptive to health and wellness trends which will drive sales of digestive health products.
Furthermore, growing consumer interest on healthy lifestyles coupled with untapped opportunities in Latin America are few of the opportunities to pave new paths for the market over the forecast period. However, stringent regulations for health claims, inequality & poverty and return on investment (ROI) for new delivery forms paves hurdles for the further expansion.
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Target buyers of Latin America digestive health products market databook
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Our clientele includes a mix of digestive health 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 digestive health products market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America digestive health products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America digestive health products market size, by country, 2017-2030 (US$M)
Latin America Digestive Health Products Market Outlook Share, 2021 & 2030 (US$M)
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