Latin America Supplements And Nutrition Packaging Market Size & Outlook
Latin America supplements and nutrition packaging market, 2018-2028 (US$M)
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Latin America supplements and nutrition packaging market highlights
- The Latin America supplements and nutrition packaging market generated a revenue of USD 2,158.6 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2028.
- In terms of segment, primary packaging was the largest revenue generating type in 2023.
- Secondary & Tertiary Packaging is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2028.
Latin America data book summary
| Market revenue in 2023 | USD 2,158.6 million |
| Market revenue in 2028 | USD 2,715.4 million |
| Growth rate | 4.7% (CAGR from 2023 to 2028) |
| Largest segment | Primary packaging |
| Fastest growing segment | Secondary & Tertiary Packaging |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Primary Packaging, Secondary & Tertiary Packaging |
| Key market players worldwide | Gerresheimer AG ADR, Enerpac Tool Group Corp Class A, Graham Packaging, Glenroy, Inc., Alpha Packaging, Comar, Law Print & Packaging Management, Mold Tek Packaging, OPM Corporation, Container and Packaging |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.6% of the global supplements and nutrition packaging market in 2023.
- 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 15,596.0 million by 2028.
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Supplements And Nutrition Packaging Market Scope
Supplements And Nutrition Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America supplements and nutrition packaging 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 supplements and nutrition packaging market will help companies and investors design strategic landscapes.
Primary packaging was the largest segment with a revenue share of 63.8% in 2023. Horizon Databook has segmented the Latin America supplements and nutrition packaging market based on primary packaging, secondary & tertiary packaging covering the revenue growth of each sub-segment from 2018 to 2028.
Latin America has distinguished biodiversity in terms of both flora and fauna, as well as is culturally diverse. The region is known for its tropical weather, rainforests, indigenous people, and exotic herbs. It is observed that the region is witnessing a tremendous trade boom, with being host to many emerging economies and democracies.
It is a major agricultural producer and home to a wide range of raw materials sourced from exotic locations, which find application in nutraceuticals. This is expected to create an increasing demand for supplements & nutritional products in the region.
Packaging industry has witnessed strong gains in the region pertaining to low-cost material sourcing and labor. Key packaging companies have set up their production and corporate offices in the region to serve the local companies and trade the surplus with other regions.
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Our clientele includes a mix of supplements and nutrition packaging market companies, investment firms, advisory firms & academic institutions.
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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 supplements and nutrition packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America supplements and nutrition packaging market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America supplements and nutrition packaging market size, by country, 2018-2028 (US$M)
Latin America Supplements And Nutrition Packaging Market Outlook Share, 2023 & 2028 (US$M)
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