Latin America Mirin Market Size & Outlook, 2023-2030
The mirin market in Latin America is expected to reach a projected revenue of US$ 82.4 million by 2030. A compound annual growth rate of 4.2% is expected of Latin America mirin market from 2024 to 2030.
Revenue, 2023 (US$M)
$61.9
Forecast, 2030 (US$M)
$82.4
CAGR, 2024 - 2030
4.2%
Report Coverage
Latin America
Latin America mirin market highlights
- The Latin America mirin market generated a revenue of USD 61.9 million in 2023.
- The market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, aji-mirin was the largest revenue generating type in 2023.
- Aji-mirin is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 61.9 million |
| Market revenue in 2030 | USD 82.4 million |
| Growth rate | 4.2% (CAGR from 2024 to 2030) |
| Largest segment | Aji-mirin |
| Fastest growing segment | Aji-mirin |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aji-mirin |
| Key market players worldwide | Kikkoman Corp, Eden Foods, Takara Bio Inc, Urban Platter |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.6% of the global mirin market in 2023.
- 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 216.6 million by 2030.
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Mirin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Eden Foods | View profile | 51-100 | Clinton, Michigan, United States, North America | http://www.edenfoods.com |
| Kikkoman Corp | View profile | 8387 | 250 Noda, Noda-shi, Chiba, Japan, 278-8601 | http://www.kikkoman.co.jp |
| Urban Platter | View profile | 101-250 | Mumbai, Maharashtra, India, Asia | https://urbanplatter.in/ |
| Takara Bio Inc | View profile | 1793 | Nojihigashi 7-4-38 Kusatu, Shiga, Otsu, Japan, 520-0058 | http://www.takara-bio.co.jp |
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