Latin America Reconstituted Milk Market Size & Outlook
Latin America reconstituted milk market, 2017-2030 (US$M)
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Latin America reconstituted milk market highlights
- The Latin America reconstituted milk market generated a revenue of USD 29,747.2 million in 2022.
- The market is expected to grow at a CAGR of 8.7% from 2023 to 2030.
- In terms of segment, whole milk was the largest revenue generating source in 2022.
- Anhydrous milk fat is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 29,747.2 million |
| Market revenue in 2030 | USD 58,139.7 million |
| Growth rate | 8.7% (CAGR from 2022 to 2030) |
| Largest segment | Whole milk |
| Fastest growing segment | Anhydrous milk fat |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skimmed milk, Whole milk, Anhydrous milk fat, Unsalted frozen butter |
| Key market players worldwide | Nestle SA, Fonterra Shareholders Fund, Saputo Inc, China Mengniu Dairy Co Ltd, Meiji Holdings Co Ltd, Pine Hill Group, Schreiber Foods, Sodiaal, Lactalis, Dairy Farmers of America, Arla Foods |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.9% of the global reconstituted milk market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 42,860.1 million by 2030.
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Reconstituted Milk Market Scope
Reconstituted Milk Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America reconstituted milk 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 reconstituted milk market will help companies and investors design strategic landscapes.
Whole milk was the largest segment with a revenue share of 49.07% in 2022. Horizon Databook has segmented the Latin America reconstituted milk market based on skimmed milk, whole milk, anhydrous milk fat, unsalted frozen butter covering the revenue growth of each sub-segment from 2017 to 2030.
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Our clientele includes a mix of reconstituted milk market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America reconstituted milk market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America reconstituted milk market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America reconstituted milk market size, by country, 2017-2030 (US$M)
Latin America Reconstituted Milk Market Outlook Share, 2022 & 2030 (US$M)
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