Latin America Yogurt Powder Market Size & Outlook
The yogurt powder market in Latin America is expected to reach a projected revenue of US$ 96.9 million by 2030. A compound annual growth rate of 6.2% is expected of Latin America yogurt powder market from 2024 to 2030.
Revenue, 2023 (US$M)
$63.7
Forecast, 2030 (US$M)
$96.9
CAGR, 2024 - 2030
6.2%
Report Coverage
Latin America
Latin America yogurt powder market, 2018-2030 (US$M)
Latin America yogurt powder market highlights
- The Latin America yogurt powder market generated a revenue of USD 63.7 million in 2023.
- The market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, whole yogurt powder was the largest revenue generating product in 2023.
- Whole Yogurt Powder is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 63.7 million |
| Market revenue in 2030 | USD 96.9 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Whole yogurt powder |
| Fastest growing segment | Whole Yogurt Powder |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Whole Yogurt Powder |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.0% of the global yogurt powder market in 2023.
- 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 243.9 million by 2030.
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Yogurt Powder Market Scope
Yogurt powder market segmentation & scope
Packaging
Sachets/Pouches
Cans/Jars
Bulk Packaging
End Use
HoReCa (Hotel/Restaurant/Cafe)
Industrial
Household
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
South Africa
Yogurt Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America yogurt powder market
Related regional statistics
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