Latin America Packaged Salad Market Size & Outlook
Latin America packaged salad market, 2016-2030 (US$M)
Related Markets
Latin America packaged salad market highlights
- The Latin America packaged salad market generated a revenue of USD 780.7 million in 2023.
- The market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, vegetarian was the largest revenue generating product in 2023.
- Vegetarian is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 780.7 million |
| Market revenue in 2030 | USD 1,225.1 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Vegetarian |
| Fastest growing segment | Vegetarian |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vegetarian, Non-Vegetarian |
| Key market players worldwide | Dole PLC, Fresh Del Monte Produce Inc, Gotham Greens, Fresh Express, Earthbound Farm, organicgirl, Misionero, Eat Smart, BrightFarms |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global packaged salad market in 2023.
- Globally, North America 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 4,336.3 million by 2030.
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Packaged Salad Market Scope
Packaged Salad Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America packaged salad 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 packaged salad market will help companies and investors design strategic landscapes.
Vegetarian was the largest segment with a revenue share of 67.84% in 2023. Horizon Databook has segmented the Latin America packaged salad market based on vegetarian, non-vegetarian covering the revenue growth of each sub-segment from 2016 to 2030.
The Central & South America packaged salad market is projected to witness growth due to the increasing demand for protein-rich foods, such as meats in salads. Various South American salads are popular across the globe, including lima bean salad, and are increasingly gaining popularity among consumers.
Packaged salads have been gaining popularity due to their easy availability and convenience as they reduce meal prep time and are thus gaining importance among the younger generations that lead fast-paced lives.
According to the International Vegetarian Union, one of the major challenges they face is promoting vegetarianism among the South American population. However, there has been a growing demand for vegetarian meals, including packaged salads, in the region.
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Target buyers of Latin America packaged salad market databook
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Our clientele includes a mix of packaged salad 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America packaged salad market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America packaged salad market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America packaged salad market size, by country, 2016-2030 (US$M)
Latin America Packaged Salad Market Outlook Share, 2023 & 2030 (US$M)
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