Latin America Food Processing Blades Market Size & Outlook

The food processing blades market in Latin America is expected to reach a projected revenue of US$ 190.9 million by 2028. A compound annual growth rate of 7.7% is expected of Latin America food processing blades market from 2022 to 2028.
Revenue, 2021 (US$M)
$113.9
Forecast, 2028 (US$M)
$190.9
CAGR, 2022 - 2028
7.7%
Report Coverage
Latin America

Latin America food processing blades market highlights

  • The Latin America food processing blades market generated a revenue of USD 113.9 million in 2021.
  • The market is expected to grow at a CAGR of 7.7% from 2022 to 2028.
  • In terms of segment, circular was the largest revenue generating product in 2021.
  • Circular is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2022 to 2028.


Latin America data book summary

Market revenue in 2021USD 113.9 million
Market revenue in 2028USD 190.9 million
Growth rate7.7% (CAGR from 2021 to 2028)
Largest segmentCircular
Fastest growing segmentCircular
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationStraight, Curved, Circular
Key market players worldwideMinerva SA ADR, Dorian Drake International, GEA Group AG, John Bean Technologies Corp, Nemco Food Equipment, Marel hf, Baader Bank AG., Bettcher Industries, HALLDE


Other key industry trends

  • In terms of revenue, Latin America region accounted for 13.6% of the global food processing blades market in 2021.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 454.7 million by 2028.

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Food Processing Blades Market Companies

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Latin America food processing blades 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 food processing blades market will help companies and investors design strategic landscapes.


Circular was the largest segment with a revenue share of 38.1% in 2021. Horizon Databook has segmented the Latin America food processing blades market based on straight, curved, circular covering the revenue growth of each sub-segment from 2017 to 2028.


The Central & South America region was one of the hardest-hit regions the COVID-19 virus. The pandemic is significantly affecting the socio-economic landscape of the region, exacerbating an existing complex scenario of structural weaknesses such as high informality and inequality, low productivity, and deficient public services and institutions.

According to the Economic Commission for Latin America and the Caribbean (ECLAC), the Latin America and the Caribbean witnessed a decline of 7.7% in 2020. According to the IMF, the GDP was forecasted to grow by 6.3% in 2021 and by 3% in 2022.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America food processing blades market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America food processing blades market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America food processing blades market size, by country, 2017-2028 (US$M)

Latin America Food Processing Blades Market Share, 2021 & 2028 (US$M)

Latin America food processing blades market size, by country, 2017-2028 (US$M)

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