Latin America Fructooligosaccharides (fos) Market Size & Outlook
Latin America fructooligosaccharides (fos) market, 2018-2030 (US$M)
Related Markets
Latin America fructooligosaccharides (fos) market highlights
- The Latin America fructooligosaccharides (fos) market generated a revenue of USD 387.0 million in 2022.
- The market is expected to grow at a CAGR of 7.8% from 2023 to 2030.
- In terms of segment, chicory was the largest revenue generating source in 2022.
- Sucrose is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 387.0 million |
| Market revenue in 2030 | USD 705.7 million |
| Growth rate | 7.8% (CAGR from 2022 to 2030) |
| Largest segment | Chicory |
| Fastest growing segment | Sucrose |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chicory, Sucrose |
| Key market players worldwide | Cargill, Ingredion Inc, Meiji Holdings Co Ltd, TFF Group, Tata Chemicals, Beneo, Biosynth, galam |
Other key industry trends
- In terms of revenue, Latin America region accounted for 14.9% of the global fructooligosaccharides (fos) market in 2022.
- Globally, Europe 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 1,421.4 million by 2030.
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Fructooligosaccharides (FOS) Market Scope
Fructooligosaccharides (FOS) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America fructooligosaccharides (fos) 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 fructooligosaccharides (fos) market will help companies and investors design strategic landscapes.
Chicory was the largest segment with a revenue share of 65.12% in 2022. Horizon Databook has segmented the Latin America fructooligosaccharides (fos) market based on chicory, sucrose covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil, being one of the fastest-growing economies in Latin America, has experienced significant growth in its manufacturing and service sectors. This modernization and increased investment in the country are expected to have a positive impact on the fructooligosaccharide (FOS) market in the coming years.
Moreover, Brazil stands out as one of the dominant markets for functional food, driven by the rising prevalence of obesity. This has led to concerns about health and hygiene among the population. As a result, there has been an increased adoption of functional food and beverages, which is expected to drive the demand for FOS in the market over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America fructooligosaccharides (fos) market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America fructooligosaccharides (fos) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America fructooligosaccharides (fos) market size, by country, 2018-2030 (US$M)
Latin America Fructooligosaccharides (FOS) Market Outlook Share, 2022 & 2030 (US$M)
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