Mexico Gelatin Substitutes Market Size & Outlook
Mexico gelatin substitutes market, 2017-2030 (US$M)
Related Markets
Mexico gelatin substitutes market highlights
- The Mexico gelatin substitutes market generated a revenue of USD 14,476.3 million in 2022 and is expected to reach USD 27,509.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.4% from 2023 to 2030.
- In terms of segment, agar was the largest revenue generating product in 2022.
- Pectin is the most lucrative product segment registering the fastest growth during the forecast period.
Gelatin substitutes market data book summary
| Market revenue in 2022 | USD 14,476.3 million |
| Market revenue in 2030 | USD 27,509.5 million |
| Growth rate | 8.4% (CAGR from 2022 to 2030) |
| Largest segment | Agar |
| Fastest growing segment | Pectin |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Agar, Pectin, Carageenan, Cornstarch, Guar Gum, Xanthan Gum, Other Products |
| Key market players worldwide | Cargill, NOW Foods, Bravo Mining Corp, Gelita AG, Cargille Laboratories, Agarmex, Java Biocolloid, Great American Spice Company, Bravo Wellness, Niblack Foods, SUBITUS S.A. DE C.V. |
Other key industry trends
- In terms of revenue, Mexico accounted for 4.1% of the global gelatin substitutes market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. gelatin substitutes market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 27,509.5 million by 2030.
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Gelatin Substitutes Market Scope
Gelatin Substitutes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico gelatin substitutes 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 gelatin substitutes market will help companies and investors design strategic landscapes.
Agar was the largest segment with a revenue share of 50.53% in 2022. Horizon Databook has segmented the Mexico gelatin substitutes market based on agar, pectin, carageenan, cornstarch, guar gum, xanthan gum, other products covering the revenue growth of each sub-segment from 2017 to 2030.
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Our clientele includes a mix of gelatin substitutes market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico gelatin substitutes market , including forecasts for subscribers. This country databook contains high-level insights into Mexico gelatin substitutes market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico gelatin substitutes market size, by product, 2017-2030 (US$M)
Mexico Gelatin Substitutes Market Outlook Share, 2022 & 2030 (US$M)
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