Latin America Ready Meals Market Size & Outlook, 2019-2027
Latin America ready meals market, 2016-2027 (US$M)
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Latin America ready meals market highlights
- An overview of the Latin America ready meals market trends heading towards 2027. The Latin America market generated a revenue of USD 13,113.8 million in 2019.
- The overall growth of the Latin America market from 2019 to 2027. The market is expected to grow at a CAGR of 5.1% from 2020 to 2027.
- A look at the Latin America market revenues per segment in 2019. In terms of segment, frozen and chilled was the largest revenue generating product in 2019.
- The segment witnessing the fastest revenue growth within the market. Canned is the most lucrative product segment registering the fastest growth during the forecast period.
- An overview of Latin America market per country. Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.
Latin America data book summary
| Market revenue in 2019 | USD 13,113.8 million |
| Market revenue in 2027 | USD 19,543.1 million |
| Growth rate | 5.1% (CAGR from 2019 to 2027) |
| Largest segment | Frozen and chilled |
| Fastest growing segment | Canned |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Frozen and Chilled, Canned, Dried |
| Key market players worldwide | Nestle SA, General Mills Inc, WK Kellogg Co, Conagra Brands Inc, Tyson Foods Inc Class A, Nomad Foods Ltd, Unilever PLC ADR, 2 Sisters Food Group(2sfg), DR. OETKER |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.2% of the global ready meals market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 69,866.7 million by 2027.
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Ready Meals Market Scope
Ready Meals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America ready meals 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 ready meals market will help companies and investors design strategic landscapes.
Frozen and chilled was the largest segment with a revenue share of 51.39% in 2019. Horizon Databook has segmented the Latin America ready meals market based on frozen and chilled, canned, dried covering the revenue growth of each sub-segment from 2016 to 2027.
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Target buyers of Latin America ready meals market databook
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Our clientele includes a mix of ready meals 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 ready meals market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America ready meals market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America ready meals market size, by country, 2016-2027 (US$M)
Latin America Ready Meals Market Share, 2019 & 2027 (US$M)
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