Latin America Processed & Frozen Vegetables Market Size & Outlook
Latin America processed & frozen vegetables market, 2017-2028 (US$M)
Related Markets
Latin America processed & frozen vegetables market highlights
- The Latin America processed & frozen vegetables market generated a revenue of USD 7,195.7 million in 2021.
- The market is expected to grow at a CAGR of 3% from 2022 to 2028.
- In terms of segment, canned was the largest revenue generating product in 2021.
- Frozen 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 2022 to 2028.
Latin America data book summary
| Market revenue in 2021 | USD 7,195.7 million |
| Market revenue in 2028 | USD 8,873.7 million |
| Growth rate | 3% (CAGR from 2021 to 2028) |
| Largest segment | Canned |
| Fastest growing segment | Frozen |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dried, Canned, Frozen |
| Key market players worldwide | Seneca Foods Corp Class A, Conagra Brands Inc, Dole Food Company, Fresh Del Monte Produce Inc, Rhodes Food Group South Africa, Kangfa Foods, Greencore Group PLC, McCain Foods, SVZ International |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.2% of the global processed & frozen vegetables market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 30,401.0 million by 2028.
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Processed & Frozen Vegetables Market Scope
Processed & Frozen Vegetables Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America processed & frozen vegetables 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 processed & frozen vegetables market will help companies and investors design strategic landscapes.
Canned was the largest segment with a revenue share of 38.54% in 2021. Horizon Databook has segmented the Latin America processed & frozen vegetables market based on dried, canned, frozen covering the revenue growth of each sub-segment from 2017 to 2028.
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Target buyers of Latin America processed & frozen vegetables market databook
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Our clientele includes a mix of processed & frozen vegetables 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 processed & frozen vegetables market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America processed & frozen vegetables market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America processed & frozen vegetables market size, by country, 2017-2028 (US$M)
Latin America Processed & Frozen Vegetables Market Outlook Share, 2021 & 2028 (US$M)
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