Latin America Ethnic Food Market Size & Outlook, 2024-2030
Latin America ethnic food market, 2018-2030 (US$M)
Related Markets
Latin America ethnic food market highlights
- The Latin America ethnic food market generated a revenue of USD 4,234.8 million in 2024.
- The market is expected to grow at a CAGR of 7.9% from 2025 to 2030.
- In terms of segment, chinese was the largest revenue generating type in 2024.
- Chinese is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 4,234.8 million |
| Market revenue in 2030 | USD 6,676.1 million |
| Growth rate | 7.9% (CAGR from 2024 to 2030) |
| Largest segment | Chinese |
| Fastest growing segment | Chinese |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chinese, Japanese, Mexican, Italian |
| Key market players worldwide | Associated British Foods PLC, General Mills Inc, Ajinomoto Co Inc, McCormick & Co Inc, Orkla ASA, Aryzta AG, Paulig, Premier Foods PLC, Asli Fine Foods |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.7% of the global ethnic food market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 4,628.8 million by 2030.
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Ethnic Food Market Scope
Ethnic Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America ethnic 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 ethnic food market will help companies and investors design strategic landscapes.
Chinese was the largest segment with a revenue share of 37.76% in 2024. Horizon Databook has segmented the Latin America ethnic food market based on chinese, japanese, mexican, italian covering the revenue growth of each sub-segment from 2018 to 2030.
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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 ethnic food market databook
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Our clientele includes a mix of ethnic 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 ethnic food market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ethnic food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America ethnic food market report size, by country, 2018-2030 (US$M)
Latin America Ethnic Food Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
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