Latin America Powdered Fats Market Size & Outlook
Latin America powdered fats market, 2018-2030 (US$M)
Related Markets
Latin America powdered fats market highlights
- The Latin America powdered fats market generated a revenue of USD 182.6 million in 2022.
- The market is expected to grow at a CAGR of 3.9% from 2023 to 2030.
- In terms of segment, palm & palm kernel was the largest revenue generating source in 2022.
- Coconut is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 182.6 million |
| Market revenue in 2030 | USD 248.7 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Palm & palm kernel |
| Fastest growing segment | Coconut |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Palm & Palm Kernel, Coconut, Milk, Sunflower, Canola, Corn |
| Key market players worldwide | Kerry Group PLC Class A, FrieslandCampina, Aarkay Food Products Ltd, Instafood, Castle Dairies, Zeon Lifesciences, Natural Extracts Industries |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.1% of the global powdered fats market in 2022.
- Globally, Asia Pacific 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 1,157.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Powdered Fats Market Scope
Powdered Fats Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America powdered fats 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 powdered fats market will help companies and investors design strategic landscapes.
Palm & palm kernel was the largest segment with a revenue share of 34.88% in 2022. Horizon Databook has segmented the Latin America powdered fats market based on palm & palm kernel, coconut, milk, sunflower, canola, corn covering the revenue growth of each sub-segment from 2018 to 2030.
The emerging dietary and nutraceutical supplement industry in the region, driven by changing consumer preferences toward health and wellness, is driving the demand for powdered fats in Central and South America.
Powdered fats, such as Medium-Chain Triglyceride (MCT) oil, help support weight management and a healthy metabolism. As consumers in the region seek supplements to aid in weight control and overall fitness, the demand for powdered fats has increased.
Additionally, the easy accessibility and rise in the number of supplement manufacturers offering their products through online channels in the region offering MCT oil powders are fueling the demand for powdered fats in the region.
Reasons to subscribe to Latin America powdered fats market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America powdered fats market databook
-
Our clientele includes a mix of powdered fats market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 powdered fats market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America powdered fats market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America powdered fats market size, by country, 2018-2030 (US$M)
Latin America Powdered Fats Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
