Latin America Fumaric Acid Market Size & Outlook
The fumaric acid market in Latin America is expected to reach a projected revenue of US$ 60.8 million by 2030. A compound annual growth rate of 8.2% is expected of Latin America fumaric acid market from 2025 to 2030.
Revenue, 2024 (US$M)
$38.0
Forecast, 2030 (US$M)
$60.8
CAGR, 2025 - 2030
8.1%
Report Coverage
Latin America
Latin America fumaric acid market, 2018-2030 (US$M)
Latin America fumaric acid market highlights
- The Latin America fumaric acid market generated a revenue of USD 27.7 million in 2023.
- The market is expected to grow at a CAGR of 3.1% from 2024 to 2030.
- In terms of segment, food & beverages was the largest revenue generating product type in 2023.
- Food & Beverages is the most lucrative product type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 27.7 million |
| Market revenue in 2030 | USD 34.4 million |
| Growth rate | 3.1% (CAGR from 2023 to 2030) |
| Largest segment | Food & beverages |
| Fastest growing segment | Food & Beverages |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food & Beverages |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.9% of the global fumaric acid market in 2023.
- Globally, Asia Pacific 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 344.3 million by 2030.
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Fumaric Acid Market Scope
Fumaric acid market segmentation & scope
Food & Beverages
Pulp & Paper
Unsaturated Polyester Resins (UPR)
Pharmaceuticals
Feed Additives
Cosmetic Manufacturing
Other Products
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
India
Japan
Brazil
Argentina
South Africa
Saudi Arabia
Fumaric Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America fumaric acid market size, by country, 2018-2030 (US$M)
Latin America Fumaric Acid Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
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