In 2021, the food processing machinery market in Latin America was estimated at 6.91 billion U.S. dollars. Due to a rise in population numbers and demand for processed foods, this market is forecasted to rise to 9.42 billion U.S. dollars by 2026.
Food processing machinery market value in Latin America from 2021 to 2026
(in billion U.S. dollars)
*Forecast.
This Statista estimate is based on the 2021 value and the compound annual growth rate until 2026 of 6.4 percent, which were provided by the source. An exponential development of the value was assumed.
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Statista. (August 17, 2021). Food processing machinery market value in Latin America from 2021 to 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/750728/food-processing-machinery-value-latin-america/
Statista. "Food processing machinery market value in Latin America from 2021 to 2026 (in billion U.S. dollars)." Chart. August 17, 2021. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/750728/food-processing-machinery-value-latin-america/
Statista. (2021). Food processing machinery market value in Latin America from 2021 to 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/750728/food-processing-machinery-value-latin-america/
Statista. "Food Processing Machinery Market Value in Latin America from 2021 to 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 17 Aug 2021, https://www.statista.com/statistics/750728/food-processing-machinery-value-latin-america/
Statista, Food processing machinery market value in Latin America from 2021 to 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/750728/food-processing-machinery-value-latin-america/ (last visited November 12, 2024)
Food processing machinery market value in Latin America from 2021 to 2026 (in billion U.S. dollars) [Graph], Statista, August 17, 2021. [Online]. Available: https://www.statista.com/statistics/750728/food-processing-machinery-value-latin-america/
