Latin America Lactose-free Infant Formula Market Size & Outlook
Latin America lactose-free infant formula market, 2018-2030 (US$M)
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Latin America lactose-free infant formula market highlights
- The Latin America lactose-free infant formula market generated a revenue of USD 992.9 million in 2024.
- The market is expected to grow at a CAGR of 7.9% from 2025 to 2030.
- In terms of segment, supermarkets & hypermarkets was the largest revenue generating distribution channel in 2024.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 992.9 million |
| Market revenue in 2030 | USD 1,568.2 million |
| Growth rate | 7.9% (CAGR from 2024 to 2030) |
| Largest segment | Supermarkets & hypermarkets |
| Fastest growing segment | Online |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Supermarkets & Hypermarkets, Convenience Stores, Online |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.5% of the global lactose-free infant formula market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 1,568.2 million by 2030.
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Lactose-free Infant Formula Market Scope
Lactose-free Infant Formula Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America lactose-free infant formula 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 lactose-free infant formula market will help companies and investors design strategic landscapes.
Supermarkets & hypermarkets was the largest segment with a revenue share of 46.6% in 2024. Horizon Databook has segmented the Latin America lactose-free infant formula market based on supermarkets & hypermarkets, convenience stores, online covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America lactose-free infant formula market databook
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Our clientele includes a mix of lactose-free infant formula market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 lactose-free infant formula market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America lactose-free infant formula market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America lactose-free infant formula market size, by country, 2018-2030 (US$M)
Latin America Lactose-free Infant Formula Market Outlook Share, 2024 & 2030 (US$M)
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