Latin America Tempeh Market Size & Outlook, 2023-2030
The tempeh market in Latin America is expected to reach a projected revenue of US$ 1,114.3 million by 2030. A compound annual growth rate of 4.6% is expected of Latin America tempeh market from 2024 to 2030.
Revenue, 2023 (US$M)
$812.1
Forecast, 2030 (US$M)
$1,114.3
CAGR, 2024 - 2030
4.6%
Report Coverage
Latin America
Latin America tempeh market, 2018-2030 (US$M)
Latin America tempeh market highlights
- An overview of the Latin America tempeh market trends heading towards 2030. The Latin America market generated a revenue of USD 812.1 million in 2023.
- The overall growth of the Latin America market from 2023 to 2030. The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- A look at the Latin America market revenues per segment in 2023. In terms of segment, frozen was the largest revenue generating type in 2023.
- The segment witnessing the fastest revenue growth within the market. Frozen is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 812.1 million |
| Market revenue in 2030 | USD 1,114.3 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Frozen |
| Fastest growing segment | Frozen |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Frozen |
| Key market players worldwide | Tootie's Tempeh, Nutrisoy, Plant Power Fast Food, Maple Leaf Foods Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 15.7% of the global tempeh 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 2,545.8 million by 2030.
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Tempeh Market Scope
Tempeh market segmentation & scope
Source
Soya Beans
Muti-grain
Others
Distribution Channel
Food service
Retail
Hypermarkets & Supermarkets
Convenience stores
Online
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
ANZ
South Korea
Indonesia
Brazil
South Africa
Tempeh Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America tempeh market
Related regional statistics
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