Market Size of South America Lime Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.40 % |
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South America Lime Market Analysis
The South America Lime Market Lime is expected to register a CAGR of 3.4% during the forecast period. Lime is used as one of the key raw ingredients for many food processing and other industrial applications. Certain beverage and chemical industries procure lime consistently. This is one of the major factors driving market consumption. Seasonal market behavior has increased with time-specific consumption of lime and lime products, keeping the market in line and moving forward. In Argentina, the highest lime producing country in the region, the lime harvest begins in the month of March, with most of the production concentrated in the northwestern region. The country is expected to have a favorable climate condition which is likely to boost the production of lime during the forecast period.
