Latin America Hemp Protein Powder Market Size & Outlook
The hemp protein powder market in Latin America is expected to reach a projected revenue of US$ 34.3 million by 2030. A compound annual growth rate of 15.8% is expected of Latin America hemp protein powder market from 2022 to 2030.
Revenue, 2021 (US$M)
$9.2
Forecast, 2030 (US$M)
$34.3
CAGR, 2022 - 2030
15.7%
Report Coverage
Latin America
Latin America hemp protein powder market, 2018-2030 (US$M)
Latin America hemp protein powder market highlights
- The Latin America hemp protein powder market generated a revenue of USD 9.2 million in 2021.
- The market is expected to grow at a CAGR of 15.8% from 2022 to 2030.
- In terms of segment, organic was the largest revenue generating nature in 2021.
- Organic is the most lucrative nature segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2021 | USD 9.2 million |
| Market revenue in 2030 | USD 34.3 million |
| Growth rate | 15.8% (CAGR from 2021 to 2030) |
| Largest segment | Organic |
| Fastest growing segment | Organic |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic |
| Key market players worldwide | Bactolac Pharmaceutical, Archer-Daniels Midland Co, AMCO Proteins, Titan Biotech, AGT Food and Ingredients, A&B Ingredients, Garden of Life, Sunwarrior, Orgain |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.4% of the global hemp protein powder market in 2021.
- Globally, North America 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 134.9 million by 2030.
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Hemp Protein Powder Market Scope
Hemp protein powder market segmentation & scope
Flavor
Unflavored/Regular
Flavored
Chocolate
Vanilla
Berry
Others
Distribution Channel
Hypermarkets & Supermarkets
Convenience Stores
Health Stores
Online
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Hemp Protein Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America hemp protein powder market
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