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LATAM INGREDIENTS NEWS SUMMARY 2025
💡The size of the global baby food global baby food snacks market is expected to grow at a CAGR of +6.63% over the to reach a growth valuation at a CAGR of +6.63% during the forecast period 2023-2029, according to Marketing Sights Reports.
💡 Cofco joins an unprecedented coffee operation in Brazil for water resilience in the Cerrado.
💡 Plant based market booms in Colombia: to grow more than 80% by 2023.
💡 26% of all German fruit and vegetable imports come from Spain.
💡 The food supplements industry will grow by 7% between 2022 and 2029.
💡 The Global Apple Pectin Market is predicted to grow by 5% between 2023 to 2031, according to Share Report.
💡 The Global Hydrolyzed Wheat Protein (HWP) Market is forecast to grow 3.1% from 2023 to 2031, according to Reed Intelligence Mars, the company behind brands such as M&M’s and Snickers, announced the acquisition of Kellanova, owner of Pringles and Cheez-Its, in a transaction valued at $35.9 billion. The company, which is owned by the Mars family, will pay $83.50 dollars per share, it revealed in a press release. “Kellanova has been on a transformational journey to become the best snack company in the world, and this opportunity to join Mars allows us to accelerate the realization of our full potential and vision,” said Steve Cahillane, president and CEO of Kellanova.
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Gummies Ingredients Industry
Globally, the gummies market is estimated to be worth $9500 million and is expected to grow at a CAGR of 8.3%, reaching an estimated value of $16.5 billion by 2028. In the U.S. alone, gummies occupy up to 40% of dietary supplement shelf space, according to The Insight Partner’s latest report.
Food and beverage ingredients
The food ingredients market is one of the most important segments within the food industry. According to a recent report by Grand View Research, the global food ingredient global food ingredients market is expected to reach to reach $91.8 billion by 2025, driven by the increasing global population and growing demand for healthy and nutritious food.
Ingredients Latam: Trends and Challenges in the Global Food Industry
The GLOBAL SPORTS NUTRITION AND SUPPLEMENTS supplements and sports nutrition market was valued at USD 44.43 billion in 2021 and is expected to grow in value to USD 85.7 billion by 2030.
The youth and amateur sports industry, valued at USD 19.2 billion, has also experienced steady growth since the early 2000s.
Currently, 73.4% of 13- to 17-year-olds in the U.S. play a team or individual sport on a regular basis.