Latin America Nanocellulose Market Size & Outlook
Latin America nanocellulose market, 2018-2030 (US$M)
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Latin America nanocellulose market highlights
- The Latin America nanocellulose market generated a revenue of USD 30.8 million in 2022.
- The market is expected to grow at a CAGR of 13.1% from 2023 to 2030.
- In terms of segment, cnf (nfc, mfc) was the largest revenue generating type in 2022.
- CNC is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 30.8 million |
| Market revenue in 2030 | USD 82.4 million |
| Growth rate | 13.1% (CAGR from 2022 to 2030) |
| Largest segment | Cnf (nfc, mfc) |
| Fastest growing segment | CNC |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CNF (NFC, MFC), Bacterial Cellulose, CNC |
| Key market players worldwide | Nippon Paper Industries Co Ltd, Borregaard ASA, Nano One Materials Corp, Stora Enso Oyj Ordinary Shares - Class R, CelluForce, FiberLean Technologies, Kruger, CelluComp, Melodea, GranBio |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.8% of the global nanocellulose market in 2022.
- Globally, Europe 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 589.2 million by 2030.
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Nanocellulose Market Scope
Nanocellulose Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America nanocellulose 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 nanocellulose market will help companies and investors design strategic landscapes.
Cnf (nfc, mfc) was the largest segment with a revenue share of 51.62% in 2022. Horizon Databook has segmented the Latin America nanocellulose market based on cnf (nfc, mfc), bacterial cellulose, cnc covering the revenue growth of each sub-segment from 2018 to 2030.
The growth in demand for nanocellulose in food & beverage packaging industry in the region can be ascribed to strong gains owing to rising adoption and investment by upcoming companies coupled with favorable production scenario in the region due to easy availability of raw materials.
Countries including Brazil, Chile and Peru are abundant with materials like cereal straw, sugarcane bagasse, reeds, kenaf, esparto and corn stalks. The region has a huge potential in the food & beverage industry as 8 million hectares of land were into organic farming.
According to Organic World, 11% of the global organic agricultural land is in the Central & South American region. This growth is hugely ascribed to grassland/grazing areas in Argentina and Uruguay. With huge potential to produce organic food like grains, vegetables and fruits, packaging would be an inevitable need for companies farming in the region which in turn should drive demand for nanocellulose in the food & beverage packaging industry in the Central & South America region.
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Our clientele includes a mix of nanocellulose 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 nanocellulose market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America nanocellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America nanocellulose market size, by country, 2018-2030 (US$M)
Latin America Nanocellulose Market Outlook Share, 2022 & 2030 (US$M)
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