Latin America Kojic Acid Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$4.7

Forecast, 2030 (US$M)

$5.9

CAGR, 2024 - 2030

3.3%

Report Coverage

Latin America

Latin America kojic acid market, 2018-2030 (US$M)

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Latin America kojic acid market highlights

The Latin America kojic acid market generated a revenue of USD 4.7 million in 2023.
The market is expected to grow at a CAGR of 3.2% from 2024 to 2030.
In terms of segment, fermentation was the largest revenue generating process in 2023.
Fermentation is the most lucrative process segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 4.7 million
Market revenue in 2030	USD 5.9 million
Growth rate	3.2% (CAGR from 2023 to 2030)
Largest segment	Fermentation
Fastest growing segment	Fermentation
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Fermentation

Other key industry trends

In terms of revenue, Latin America region accounted for 10.4% of the global kojic acid market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Europe is the fastest growing regional market and is projected to reach USD 12.1 million by 2030.

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Kojic Acid Market Scope

Kojic acid market segmentation & scope

Process

Fermentation

Chemical Reaction

Application

Cosmetics & Personal Care

Pharmaceuticals

Food & Beverages

Chemical Industry

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Mexico

Germany

France

Italy

Spain

Sweden

Norway

Denmark

Brazil

Argentina

UAE

South Africa

Saudi Arabia

Kuwait

India

China

Japan

South Korea

Thailand

Australia

Kojic Acid Market Companies

Name	Profile	# Employees	HQ	Website

Latin America kojic acid 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 kojic acid market will help companies and investors design strategic landscapes.

Fermentation was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America kojic acid market based on fermentation covering the revenue growth of each sub-segment from 2018 to 2030.

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Our clientele includes a mix of kojic acid market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America kojic acid market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America kojic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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