Latin America Cranberries Market Size & Outlook, 2023-2030
The cranberries market in Latin America is expected to reach a projected revenue of US$ 300.0 million by 2030. A compound annual growth rate of 3.5% is expected of Latin America cranberries market from 2024 to 2030.
Revenue, 2023 (US$M)
$235.2
Forecast, 2030 (US$M)
$300.0
CAGR, 2024 - 2030
3.5%
Report Coverage
Latin America
Latin America cranberries market highlights
- The Latin America cranberries market generated a revenue of USD 235.2 million in 2023.
- The market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, fresh cranberries was the largest revenue generating type in 2023.
- Fresh Cranberries is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 235.2 million |
| Market revenue in 2030 | USD 300.0 million |
| Growth rate | 3.5% (CAGR from 2024 to 2030) |
| Largest segment | Fresh cranberries |
| Fastest growing segment | Fresh Cranberries |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fresh Cranberries |
| Key market players worldwide | Ocean Spray Cranberries Inc Pref Share, Graceland Fruit, Decas Cranberry Products Inc., Fruit d'Or inc, Mariani Packing Co., Inc., The Wonderful Company, Cliffstar Corp. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.6% of the global cranberries 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 619.7 million by 2030.
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Cranberries Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cliffstar Corp. | View profile | 1001-5000 | Dunkirk, New York, United States, North America | http://www.cliffstar.com/ |
| Mariani Packing Co., Inc. | View profile | 251-500 | Vacaville, California, United States, North America | http://mariani.com |
| Fruit d'Or inc | View profile | 251-500 | Quebec, Quebec, Canada, North America | https://fruitdor.ca/en/ |
| Decas Cranberry Products Inc. | View profile | 101-250 | Carver, Massachusetts, United States, North America | http://decascranberry.com |
| Graceland Fruit | View profile | 251-500 | Frankfort, Michigan, United States, North America | https://www.gracelandfruit.com/ |
| The Wonderful Company | View profile | 5001-10000 | Los Angeles, California, United States, North America | http://www.wonderful.com/ |
| Ocean Spray Cranberries Inc Pref Share | View profile | - | 1 Ocean Spray Drive, Lakeville, MA, United States, 02349 | http://www.oceanspray.com |
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