Latin America: baby food market value 2020-2025

Published by Statista Research Department, Nov 15, 2022
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)

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Sources

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Release date

February 2021

Region

LAC

Survey time period

February 2020

Special properties

forecast

Supplementary notes

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.

Based on information published in February 2020.

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