Latin America Probiotic Ingredients Market Size & Outlook
Latin America probiotic ingredients market, 2018-2030 (US$M)
Related Markets
Latin America probiotic ingredients market highlights
- The Latin America probiotic ingredients market generated a revenue of USD 155.2 million in 2023.
- The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, dry/powder was the largest revenue generating form in 2023.
- Liquid is the most lucrative form 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 155.2 million |
| Market revenue in 2030 | USD 264.6 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Dry/powder |
| Fastest growing segment | Liquid |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dry/Powder, Liquid |
| Key market players worldwide | Kerry Group PLC Class A, Koninklijke DSM NV, DuPont de Nemours Inc, Associated British Foods PLC, Lallemand, Archer-Daniels Midland Co, Advanced Enzymes, Probi AB, Chr. Hansen, Bluestar Adisseo Co. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.4% of the global probiotic ingredients market in 2023.
- 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 1,949.8 million by 2030.
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Probiotic Ingredients Market Scope
Probiotic Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America probiotic ingredients 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 probiotic ingredients market will help companies and investors design strategic landscapes.
Dry/powder was the largest segment with a revenue share of 84.41% in 2023. Horizon Databook has segmented the Latin America probiotic ingredients market based on dry/powder, liquid covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Probiotic Ingredients Form Outlook (Revenue, USD Million, 2018-2030)
- Dry/Powder
- Liquid
- Latin America Probiotic Ingredients Ingredient Outlook (Revenue, USD Million, 2018-2030)
- Bacteria
- Lactobacilli
- Bifidobacterium
- Streptococcus
- Other Genus
- Yeast
- Spore Formers
- Bacteria
- Latin America Probiotic Ingredients Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Dairy
- Cereals
- Baked Food
- Others
- Dietary Supplements
- Chewanles & Gummies
- Capsules
- Powders
- Tablets
- Soft Gels
- Others
- Animal Feed
- Others
- Food & Beverages
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Target buyers of Latin America probiotic ingredients market databook
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Our clientele includes a mix of probiotic ingredients 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America probiotic ingredients market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America probiotic ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America probiotic ingredients market size, by country, 2018-2030 (US$M)
Latin America Probiotic Ingredients Market Outlook Share, 2023 & 2030 (US$M)
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