LATAM FMCG Market Size & Outlook, 2025-2033

LATAM FMCG Market Insights

Deep Market Insights analysis indicates that the LATAM FMCG Market size, which was USD 509.09 Billion in 2024, is projected to attain USD 1123.93 Billion by 2033.
The market is expected to register a CAGR of 9.11% over the period 2025–2033.
In 2024, Food & Beverage emerged as the dominant Category based on market size.
Personal Care is projected to register the fastest growth, positioning it as the most attractive Category segment over the forecast horizon.

The global FMCG Market size saw LATAM holding a share of 9.79% in 2024.
United States is forecasted to account for the leading share of the global market by 2033.
In LATAM, Argentina is forecasted to be the fastest-expanding market, projected to reach USD 133.06 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 509.09 Billion
Market Size In 2033	USD 1123.93 Billion
Largest segment	Food & Beverage
Units	Revenue in USD Billion
CAGR	9.11% (2025-2033)
Segmnetation Covered
LATAM	Brazil Mexico Argentina Colombia Chile
Category	Food & Beverage Personal Care Household Care
Distribution	Modern Trade Traditional Trade E-commerce
End-user	Household Institutional
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

LATAM	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Brazil	XX.x	XX.x	XX.x	228.42	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Mexico	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Argentina	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Colombia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Chile	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Category	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Food & Beverage	XX.x	XX.x	XX.x	264.42	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Personal Care	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Household Care	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Distribution	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Modern Trade	XX.x	XX.x	XX.x	263.09	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Traditional Trade	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
E-commerce	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

End-user	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Household	XX.x	XX.x	XX.x	324.69	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Institutional	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x