Latin America Tonka Beans Market Size & Outlook, 2025-2030
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Latin America tonka beans market highlights
- The Latin America tonka beans market generated a revenue of USD 46.9 million in 2024.
- The market is expected to grow at a CAGR of 19.8% from 2025 to 2030.
- In terms of segment, tonka beans extract was the largest revenue generating type in 2024.
- Tonka Beans Extract is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 46.9 million |
| Market revenue in 2030 | USD 138.4 million |
| Growth rate | 19.8% (CAGR from 2025 to 2030) |
| Largest segment | Tonka beans extract |
| Fastest growing segment | Tonka Beans Extract |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tonka Beans Extract, Tonka Beans Whole |
| Key market players worldwide | Givaudan SA, Symrise AG, Biolandes |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.2% of the global tonka beans market in 2024.
- Globally, Europe 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 380.2 million by 2030.
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Tonka Beans Market Scope
Tonka Beans Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Thiercelin | View profile | 11-50 | Paris, Ile-de-France, France, Europe | https://www.thiercelin1809.com |
| Kaapi Ingredients | View profile | 51-100 | Campina, Sao Paulo, Brazil, South America | https://kaapiingredients.com |
| ELIXENS GROUP | View profile | 11-50 | Eurre, Rhone-Alpes, France, Europe | https://www.elixens.com |
| Firmenich | View profile | 5001-10000 | New Ulm, Minnesota, United States, North America | http://www.firmenich.com |
| Givaudan | View profile | 5001-10000 | Vernier, Geneve, Switzerland, Europe | http://www.givaudan.com |
| Eurovanille | View profile | 51-100 | Gouy-saint-andré, Nord-Pas-de-Calais, France, Europe | http://www.eurovanille.com/ |
| Symrise AG | View profile | 12435 | Muhlenfeldstrasse 1, Holzminden, ST, Germany, 37603 | https://www.symrise.com |
| Biolandes | View profile | 501-1000 | Le Sen, Aquitaine, France, Europe | https://www.biolandes.com |
Latin America tonka beans 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 tonka beans market will help companies and investors design strategic landscapes.
Tonka beans extract was the largest segment with a revenue share of 99.15% in 2024. Horizon Databook has segmented the Latin America tonka beans market based on tonka beans extract, tonka beans whole covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America tonka beans market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America tonka beans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America tonka beans market size, by country, 2018-2030 (US$M)
Latin America Tonka Beans Market Outlook Share, 2024 & 2030 (US$M)
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