Latin America Muffins Market Size & Outlook, 2023-2030
The muffins market in Latin America is expected to reach a projected revenue of US$ 962.9 million by 2030. A compound annual growth rate of 2.9% is expected of Latin America muffins market from 2024 to 2030.
Revenue, 2023 (US$M)
$787.1
Forecast, 2030 (US$M)
$962.9
CAGR, 2024 - 2030
2.9%
Report Coverage
Latin America
Latin America muffins market, 2018-2030 (US$M)
Latin America muffins market highlights
- The Latin America muffins market generated a revenue of USD 787.1 million in 2023.
- The market is expected to grow at a CAGR of 2.9% from 2024 to 2030.
- In terms of segment, packaged was the largest revenue generating type in 2023.
- Packaged is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 787.1 million |
| Market revenue in 2030 | USD 962.9 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Packaged |
| Fastest growing segment | Packaged |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Packaged |
| Key market players worldwide | McKee Foods Corporation, Warrior Met Coal Inc, Grupo Bimbo SAB de CV ADR, George Weston Ltd, Britannia Industries, Aryzta AG, Goodfood Market Corp, Flowers Foods Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.7% of the global muffins 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 2,976.2 million by 2030.
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Muffins Market Scope
Muffins market segmentation & scope
Taste
Sweet
Savoury
Distribution Channel
Hypermarkets & Supermarkets
Convenience stores
Speciality stores
Online
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
New Zealand
South Korea
Brazil
UAE
Muffins Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America muffins market
Related regional statistics
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