Latin America Botanical Supplements Market Size & Outlook
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Latin America botanical supplements market highlights
- The Latin America botanical supplements market generated a revenue of USD 1,442.0 million in 2020.
- The market is expected to grow at a CAGR of 9.7% from 2021 to 2028.
- In terms of segment, leaves was the largest revenue generating source in 2020.
- Leaves is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 1,442.0 million |
| Market revenue in 2028 | USD 3,029.3 million |
| Growth rate | 9.7% (CAGR from 2020 to 2028) |
| Largest segment | Leaves |
| Fastest growing segment | Leaves |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Herbs, Leaves, Spices, Flowers |
| Key market players worldwide | Dabur India, Mondelez International Inc Class A, Procter & Gamble Co, Basf SE, The Himalaya Drug Company, Glanbia PLC, Kirin Holdings Co Ltd, The Carlyle Group Inc, Ricola, Nutraceutical International Corp. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.2% of the global botanical supplements market in 2020.
- 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 18,683.2 million by 2028.
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Botanical Supplements Market Scope
Botanical Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nutraceutical International Corp. | View profile | 501-1000 | Park City, Utah, United States, North America | http://www.nutraceutical.com |
| Ricola | View profile | 501-1000 | Laufen, Jura, Switzerland, Europe | http://www.ricola.com/en-ch |
| Kirin Holdings Co Ltd | View profile | 33739 | Nakano Central Park South, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, Japan, 164-0001 | http://www.kirinholdings.co.jp |
| The Carlyle Group Inc | View profile | 2200 | 1001 Pennsylvania Avenue, NW, Washington, DC, United States, 20004-2505 | https://www.carlyle.com |
| Mondelez International Inc Class A | View profile | 91000 | 905 West Fulton Market, Suite 200, Chicago, IL, United States, 60607 | https://www.mondelezinternational.com |
| Dabur India | View profile | 10001+ | Ghaziabad, Uttar Pradesh, India, Asia | http://www.dabur.com/ |
| The Himalaya Drug Company | View profile | 5001-10000 | Bangalore, Karnataka, India, Asia | http://www.himalayawellness.com |
| Glanbia PLC | View profile | 5534 | Ring Road, Glanbia House, Kilkenny, Ireland, R95 E866 | https://www.glanbia.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Procter & Gamble Co | View profile | 107000 | One Procter and Gamble Plaza, Cincinnati, OH, United States, 45202 | https://www.pginvestor.com |
Latin America botanical supplements 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 botanical supplements market will help companies and investors design strategic landscapes.
Leaves was the largest segment with a revenue share of 34.22% in 2020. Horizon Databook has segmented the Latin America botanical supplements market based on herbs, leaves, spices, flowers covering the revenue growth of each sub-segment from 2017 to 2028.
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Our clientele includes a mix of botanical supplements market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America botanical supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America botanical supplements market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America botanical supplements market size, by country, 2017-2028 (US$M)
Latin America Botanical Supplements Market Outlook Share, 2020 & 2028 (US$M)
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