Latin America Plant-Based Butter Market Size & Outlook
The plant-based butter market in Latin America is expected to reach a projected revenue of US$ 244.0 million by 2030. A compound annual growth rate of 6.5% is expected of Latin America plant-based butter market from 2024 to 2030.
- Food Beverages & Tobacco
- Consumer Food & Beverages
- Plant-based Butter Market Outlook
- Consumer Food & Beverages
Revenue, 2023 (US$M)
$157.2
Forecast, 2030 (US$M)
$244.0
CAGR, 2024 - 2030
6.5%
Report Coverage
Latin America
Latin America Plant-Based Butter Market, 2018-2030 (US$M)
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Latin America plant-based butter market highlights
- The Latin America plant-based butter market generated a revenue of USD 157.2 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, almond was the largest revenue generating source in 2023.
- Almond is the most lucrative source segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 157.2 million |
| Market revenue in 2030 | USD 244.0 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Almond |
| Fastest growing segment | Almond |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Almond |
| Key market players worldwide | Upfield, Califia Farms, Kite Hill |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.4% of the global plant-based butter market in 2023.
- Globally, North America 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 981.9 million by 2030.
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Publish Date: Jul 16, 2024
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Plant-Based Butter Market Scope
Plant-based Butter Market segmentation & scope
Nature
Organic
Conventional
Flavor
Flavored
Non-Flavored
Distribution Channel
B2B
B2C
Hypermarkets & Supermarkets
Specialty Stores
Online
Others
Plant-Based Butter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Califia Farms | View profile | 101-250 | Bakersfield, California, United States, North America | www.califiafarms.com/ |
| Kite Hill | View profile | 11-50 | Hayward, California, United States, North America | www.kite-hill.com/ |
| Upfield | View profile | 1001-5000 | Amsterdam, Noord-Holland, The Netherlands, Europe | upfield.com/ |
Latin America Plant-based Butter 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 Plant-based Butter Market Outlook will help companies and investors design strategic landscapes.
Almond was the largest segment with a revenue share of 100.0% in 2023.
Horizon Databook has segmented the Latin America plant-based butter market based on almond covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Plant-Based Butter Market Source Outlook (Revenue, USD Million , 2018-2030)
- Almond
- Oat
- Soy
- Coconut
- Others
- Latin America Plant-Based Butter Market Nature Outlook (Revenue, USD Million , 2018-2030)
- Organic
- Conventional
- Latin America Plant-Based Butter Market Flavor Outlook (Revenue, USD Million , 2018-2030)
- Flavored
- Non-Flavored
- Latin America Plant-Based Butter Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- B2B
- B2C
- Hypermarkets & Supermarkets
- Specialty Stores
- Online
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Plant-based Butter Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Plant-based Butter Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.