The baby food market in Latin America was forecast to reach a value of more than seven billion U.S. dollars in 2025, up from an estimated five billion dollars in 2020. In 2019, it was calculated that 62 percent of 6 to 23 month old infants in Latin America and the Caribbean would fulfill the minimum recommended diet diversity.
Baby food market value in Latin America from 2020 to 2025
(in billion U.S. dollars)
The Statista estimate is based on values in 2025 and the compound annual growth rate from 2020 to 2025 of 6.76%, which were provided by the source. An exponential development of the market was assumed.
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Statista. (February 5, 2021). Baby food market value in Latin America from 2020 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/790032/baby-food-market-value-latin-america/
Statista. "Baby food market value in Latin America from 2020 to 2025 (in billion U.S. dollars)." Chart. February 5, 2021. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/790032/baby-food-market-value-latin-america/
Statista. (2021). Baby food market value in Latin America from 2020 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/790032/baby-food-market-value-latin-america/
Statista. "Baby Food Market Value in Latin America from 2020 to 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Feb 2021, https://www.statista.com/statistics/790032/baby-food-market-value-latin-america/
Statista, Baby food market value in Latin America from 2020 to 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/790032/baby-food-market-value-latin-america/ (last visited November 26, 2024)
Baby food market value in Latin America from 2020 to 2025 (in billion U.S. dollars) [Graph], Statista, February 5, 2021. [Online]. Available: https://www.statista.com/statistics/790032/baby-food-market-value-latin-america/