Latin America Individual Quick Frozen Cheese Market Size & Outlook
Latin America individual quick frozen cheese market, 2018-2030 (US$M)
Related Markets
Latin America individual quick frozen cheese market highlights
- The Latin America individual quick frozen cheese market generated a revenue of USD 571.3 million in 2021.
- The market is expected to grow at a CAGR of 5.1% from 2022 to 2030.
- In terms of segment, mozzarella was the largest revenue generating product in 2021.
- Mozzarella is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Chile is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 571.3 million |
| Market revenue in 2030 | USD 896.9 million |
| Growth rate | 5.1% (CAGR from 2021 to 2030) |
| Largest segment | Mozzarella |
| Fastest growing segment | Mozzarella |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mozzarella, Cheddar, Parmesan |
| Key market players worldwide | Procter & Gamble Co, Granarolo, Fonterra Co-operative Group, Leprino Foods, Ornua Ingredients North America, Casa RADICCI |
Other key industry trends
- In terms of revenue, Latin America region accounted for 15.4% of the global individual quick frozen cheese 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 2,004.2 million by 2030.
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Individual Quick Frozen Cheese Market Scope
Individual Quick Frozen Cheese Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America individual quick frozen cheese 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 individual quick frozen cheese market will help companies and investors design strategic landscapes.
Mozzarella was the largest segment with a revenue share of 64.96% in 2021. Horizon Databook has segmented the Latin America individual quick frozen cheese market based on mozzarella, cheddar, parmesan covering the revenue growth of each sub-segment from 2018 to 2030.
Rapid increase in the number of pizzerias and fast-food chains across the region is a prominent factor driving the market for IQF cheese.
Pizzas of all types have been gaining popularity, providing opportunities for companies domestically and internationally to grow in the coming years. This is likely to create new avenues for the IQF cheese market.
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Target buyers of Latin America individual quick frozen cheese market databook
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Our clientele includes a mix of individual quick frozen cheese market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America individual quick frozen cheese market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America individual quick frozen cheese market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America individual quick frozen cheese market size, by country, 2018-2030 (US$M)
Latin America Individual Quick Frozen Cheese Market Outlook Share, 2021 & 2030 (US$M)
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