Market revenue in 2023 | USD 15.1 million |
Market revenue in 2030 | USD 18.9 million |
Growth rate | 3.3% (CAGR from 2023 to 2030) |
Largest segment | Carbohydrates |
Fastest growing segment | Carbohydrates |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Carbohydrates, Proteins, Polymers, Minerals, Glycoside & Waxes, Esters, Ethers & Carboxylic Acids, Other Chemical Natures |
Key market players worldwide | Basf SE, Lonza Group Ltd, Evonik Industries AG, Roquette America, JRS Pharma, Micro Powders, Fumeipharm, Cristalco |
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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 plant-based excipients market will help companies and investors design strategic landscapes.
Carbohydrates was the largest segment with a revenue share of 21.19% in 2023. Horizon Databook has segmented the Argentina plant-based excipients market based on carbohydrates, proteins, polymers, minerals, glycoside & waxes, esters, ethers & carboxylic acids, other chemical natures covering the revenue growth of each sub-segment from 2018 to 2030.
A significant number of people in Argentina are vegetarians, and the growing awareness among the people in Argentina about the health risks associated with animal products is expected to create opportunities for market growth.
Moreover, as per the estimates of Veg economist, over 40 million people are vegetarians, and in the coming years, the number is expected to rise owing to the high burden of chronic diseases in the country. These factors are likely to promote the demand for plant-based excipients and the market growth of Argentina.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina plant-based excipients market , including forecasts for subscribers. This country databook contains high-level insights into Argentina plant-based excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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