Latin America Tomato Ketchup Market Size & Outlook

The tomato ketchup market in Latin America is expected to reach a projected revenue of US$ 1,613.6 million by 2028. A compound annual growth rate of 2.1% is expected of Latin America tomato ketchup market from 2022 to 2028.
Revenue, 2021 (US$M)
$1,393.8
Forecast, 2028 (US$M)
$1,613.6
CAGR, 2022 - 2028
2.1%
Report Coverage
Latin America

Latin America tomato ketchup market highlights

  • The Latin America tomato ketchup market generated a revenue of USD 1,393.8 million in 2021.
  • The market is expected to grow at a CAGR of 2.1% from 2022 to 2028.
  • In terms of segment, regular was the largest revenue generating product in 2021.
  • Flavored 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 2021USD 1,393.8 million
Market revenue in 2028USD 1,613.6 million
Growth rate2.1% (CAGR from 2021 to 2028)
Largest segmentRegular
Fastest growing segmentFlavored
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationRegular, Flavored
Key market players worldwideNestle SA, The Kraft Heinz Co, Unilever PLC, Bolton Group, Fresh Del Monte Produce Inc, Conagra Brands Inc, General Mills Inc, Campbell Soup Co, Premier Foods PLC, Kagome Co Ltd, Lee Kum Kee


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.7% of the global tomato ketchup 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 5,964.1 million by 2028.

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Tomato Ketchup Market Companies

Name Profile # Employees HQ Website

Latin America tomato ketchup 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 tomato ketchup market will help companies and investors design strategic landscapes.


Regular was the largest segment with a revenue share of 65.05% in 2021. Horizon Databook has segmented the Latin America tomato ketchup market based on regular, flavored covering the revenue growth of each sub-segment from 2017 to 2028.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America tomato ketchup market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America tomato ketchup market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America tomato ketchup market size, by country, 2017-2028 (US$M)

Latin America Tomato Ketchup Market Outlook Share, 2021 & 2028 (US$M)

Latin America tomato ketchup market size, by country, 2017-2028 (US$M)

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