Latin America Frozen Fruits Market Size & Outlook
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Latin America frozen fruits market highlights
- The Latin America frozen fruits market generated a revenue of USD 401.1 million in 2019.
- The market is expected to grow at a CAGR of 5.9% from 2020 to 2027.
- In terms of segment, tropical fruits was the largest revenue generating product in 2019.
- Berries 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 2020 to 2027.
Latin America data book summary
| Market revenue in 2019 | USD 401.1 million |
| Market revenue in 2027 | USD 632.4 million |
| Growth rate | 5.9% (CAGR from 2019 to 2027) |
| Largest segment | Tropical fruits |
| Fastest growing segment | Berries |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Citrus Fruits, Tropical Fruits, Berries |
| Key market players worldwide | Fresh Del Monte Produce Inc, Nomad Foods Ltd, Nature's Brands, SunOpta Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.1% of the global frozen fruits market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,311.4 million by 2027.
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Frozen Fruits Market Scope
Frozen Fruits Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nomad Foods Ltd | View profile | 7894 | No. 1 New Square, Bedfont Lakes Business Park, Feltham, Middlesex, United Kingdom, TW14 8HA | https://www.nomadfoods.com |
| Fresh Del Monte Produce Inc | View profile | 38887 | c/o H&C Corporate Services Ltd, 87 Mary Street, 4th Floor, Apollo House, P.O. Box 698, George Town, Grand Cayman, Cayman Islands, KY1-1107 | https://www.freshdelmonte.com |
| Nature's Brands | View profile | 11-50 | Chattanooga, Tennessee, United States, North America | https://www.naturesbrands.com/ |
| SunOpta Inc | View profile | 1174 | 7078 Shady Oak Road, Eden Prairie, MN, United States, 55344 | https://www.sunopta.com |
Latin America frozen fruits 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 frozen fruits market will help companies and investors design strategic landscapes.
Tropical fruits was the largest segment with a revenue share of 38.44% in 2019. Horizon Databook has segmented the Latin America frozen fruits market based on citrus fruits, tropical fruits, berries covering the revenue growth of each sub-segment from 2016 to 2027.
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Target buyers of Latin America frozen fruits market databook
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Our clientele includes a mix of frozen fruits market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America frozen fruits market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America frozen fruits market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America frozen fruits market size, by country, 2016-2027 (US$M)
Latin America Frozen Fruits Market Outlook Share, 2019 & 2027 (US$M)
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