Latin America Fresh Herbs Market Size & Outlook, 2025-2030
The fresh herbs market in Latin America is expected to reach a projected revenue of US$ 989.0 million by 2030. A compound annual growth rate of 9.9% is expected of Latin America fresh herbs market from 2025 to 2030.
- Food Beverages & Tobacco
- Food Ingredients
- Fresh Herbs Market Outlook
- Food Ingredients
Revenue, 2024 (US$M)
$562.8
Forecast, 2030 (US$M)
$989.0
CAGR, 2025 - 2030
9.9%
Report Coverage
Latin America
Global Market
Related Markets
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Latin America fresh herbs market highlights
- The Latin America fresh herbs market generated a revenue of USD 562.8 million in 2024.
- The market is expected to grow at a CAGR of 9.9% from 2025 to 2030.
- In terms of segment, basil was the largest revenue generating product in 2024.
- Basil 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 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 562.8 million |
| Market revenue in 2030 | USD 989.0 million |
| Growth rate | 9.9% (CAGR from 2025 to 2030) |
| Largest segment | Basil |
| Fastest growing segment | Basil |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Basil, Cilantro/Coriander, Mint, Parsley |
| Key market players worldwide | HerbThyme Farms, Superior Fresh, Meridian Farm Market, Enza Zaden, McCormick & Company, SpiSa, GrowUp Farms, Kerry Group PLC Class A, Pacific Botanicals, Langmead Herbs, Organic Herb Trading, Nomad Foods Ltd, Rocket Farms, Inc., Vitacress |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.6% of the global fresh herbs market in 2024.
- Globally, Asia Pacific 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 4,708.4 million by 2030.
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Publish Date: Dec 11, 2024
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Fresh Herbs Market Scope
Fresh Herbs Market segmentation & scope
Fresh Herbs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kerry Group PLC Class A | View profile | 21,000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | www.kerry.com |
| Nomad Foods Ltd | View profile | 7,894 | No. 1 New Square, Bedfont Lakes Business Park, Feltham, Middlesex, United Kingdom, TW14 8HA | www.nomadfoods.com |
| GrowUp Farms | View profile | 101-250 | Bristol, Bristol, City of, United Kingdom, Europe | www.growupfarms.co.uk |
| HerbThyme Farms | View profile | 501-1000 | Pico Rivera, California, United States, North America | www.herbthyme.com |
| Superior Fresh | View profile | 51-100 | Hixton, Wisconsin, United States, North America | www.superiorfresh.com |
| Meridian Farm Market | View profile | 51-100 | Maple Ridge, British Columbia, Canada, North America | meridianfarmmarket.ca |
| Enza Zaden | View profile | 1001-5000 | Enkhuizen, Noord-Holland, The Netherlands, Europe | enzazaden.nl |
| McCormick & Company | View profile | 10001+ | Baltimore, Maryland, United States, North America | www.mccormickcorporation.com |
| SpiSa | View profile | 1-10 | Groningen, Groningen, The Netherlands, Europe | - |
| Pacific Botanicals | View profile | 11-50 | Grants Pass, Oregon, United States, North America | www.pacificbotanicals.com |
Latin America Fresh Herbs 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 Fresh Herbs Market Outlook will help companies and investors design strategic landscapes.
Basil was the largest segment with a revenue share of 38.33% in 2024.
Horizon Databook has segmented the Latin America fresh herbs market based on basil, cilantro/coriander, mint, parsley covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Fresh Herbs Market Product Outlook (Revenue, USD Million , 2018-2030)
- Basil
- Cilantro/Coriander
- Mint
- Parsley
- Others
- Latin America Fresh Herbs Market Type Outlook (Revenue, USD Million , 2018-2030)
- Foodservice
- Retail
- Latin America Fresh Herbs Market Application Outlook (Revenue, USD Million , 2018-2030)
- Retail
- Specialty Stores
- Sports Store
- Online Retailers
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Fresh Herbs Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Fresh Herbs Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Fresh Herbs Market, 2018-2030 (US$M)
Latin America fresh herbs market statistics, by product, 2018-2030 (US$M)
