In 2018, the value of the food encapsulation market in Latin America amounted to 4.46 billion U.S. dollars, it is expected to rise to 6.09 billion U.S. dollars by 2023, accompanied by a compound annual growth rate of 6.43 percent. The market can be further categorized by shell materials: polysaccharides, lipids, emulsifiers, and others. In the same period, the value of the food packaging market in Latin America is expected to grow from 35.2 billion of 2018 to 42.82 billion U.S dollars in 2023.
Food encapsulation market value in Latin America from 2018 to 2023
(in billion U.S. dollars)
* Forecast.
Figures have been rounded.
An exponential development of the values was assumed to estimate the annual values between 2018 and 2023, which were provided by the source.
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Statista, & Market Data Forecast. (February 15, 2020). Food encapsulation market value in Latin America from 2018 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/975092/food-encapsulation-market-value-latin-america/
Statista, und Market Data Forecast. "Food encapsulation market value in Latin America from 2018 to 2023 (in billion U.S. dollars)." Chart. February 15, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/975092/food-encapsulation-market-value-latin-america/
Statista, Market Data Forecast. (2020). Food encapsulation market value in Latin America from 2018 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/975092/food-encapsulation-market-value-latin-america/
Statista, and Market Data Forecast. "Food Encapsulation Market Value in Latin America from 2018 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Feb 2020, https://www.statista.com/statistics/975092/food-encapsulation-market-value-latin-america/
Statista & Market Data Forecast, Food encapsulation market value in Latin America from 2018 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/975092/food-encapsulation-market-value-latin-america/ (last visited November 21, 2024)
Food encapsulation market value in Latin America from 2018 to 2023 (in billion U.S. dollars) [Graph], Statista, & Market Data Forecast, February 15, 2020. [Online]. Available: https://www.statista.com/statistics/975092/food-encapsulation-market-value-latin-america/
