Latin America Juice Concentrates Market Size & Outlook
The juice concentrates market in Latin America is expected to reach a projected revenue of US$ 16,125.6 million by 2030. A compound annual growth rate of 5.6% is expected of Latin America juice concentrates market from 2024 to 2030.
Revenue, 2023 (US$M)
$11,031.2
Forecast, 2030 (US$M)
$16,125.6
CAGR, 2024 - 2030
5.6%
Report Coverage
Latin America
Latin America juice concentrates market, 2018-2030 (US$M)
Latin America juice concentrates market highlights
- The Latin America juice concentrates market generated a revenue of USD 11,031.2 million in 2023.
- The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, fruit concentrates was the largest revenue generating type in 2023.
- Fruit Concentrates is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 11,031.2 million |
| Market revenue in 2030 | USD 16,125.6 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Fruit concentrates |
| Fastest growing segment | Fruit Concentrates |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruit Concentrates |
| Key market players worldwide | DohlerGroup, ADM, SunOpta Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.7% of the global juice concentrates market in 2023.
- 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 33,547.2 million by 2030.
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Juice Concentrates Market Scope
Juice concentrates market segmentation & scope
Fruit Concentrates
Citrus Fruits
Orange
Lemon
Grapefruit
Berries
Strawberry
Others
Tropical Fruits
Mango
Pineapple
Banana
Passion Fruit
Others
Form
Liquid Concentrates
Powder Concentrates
Application
Beverages
Bakery & Confectionery
Dairy Products
Snacks
Others
End Use
Food Processing
Food Service
Retail
Hypermarkets & Supermarkets
Convenience stores
Online
Others
Countries
U.S.
Canada
Mexico
UK
Spain
Italy
Germany
France
Brazil
China
Australia
India
Japan
South Korea
UAE
Juice Concentrates Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America juice concentrates market
Related regional statistics
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