Market Size of South America Fruit & Vegetable Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.51 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Fruit and Vegetable Ingredient Market Analysis
The fruit and vegetable ingredient in South America Market is expected to register a CAGR of 4.51% during the forecast period from 2020 to 2025.
- The rise of tourism along with the hotel and restaurant industry in South America, is opening up new avenues and demand of innovative fruit and vegetable ingredients in South America, to make final dishes appealing to foreigners, and also to meet the needs of fast altering local consumer's tastes and preferences.
- On the other hand, the country has a growing preference towards the inclusion of vegetables as an ingredient in their daily diet such as that of traditional native crops ie. potatoes, oca, olluco, mashua, quinoa, tarwi and other products that form part of the rich agricultural treasures.
