Shortly after the first COVID-19 cases were confirmed in the largest Latin American economies, some of the most important stock market indexes in the region plummeted. Compared to its closing quote on ***********, the Brazilian stock exchange index IBOVESPA showed the largest decrease among the stock indexes shown in this graph, surpassing a ** percent fall both in March and in April. On *******, 2020 the IBOVESPA decreased **** percent in value, and gradually recovered to *** percent on **********. Throughout the indicated period, Mexico's IPC index was the one maintaining most of its value, not having decreased more than ** percent since ***********.

Brazil, the most populated country and the economy with the highest GDP in Latin America, had the largest market research revenue in the region in 2022. Out of all the Latin American and Caribbean countries included in the study, Brazil ranked first, with a market research revenue of *** million U.S. dollars, followed by Mexico, with *** million U.S. dollars.

The average for 2022 based on 8 countries was 218.07 billion U.S. dollars. The highest value was in Brazil: 794.42 billion U.S. dollars and the lowest value was in Costa Rica: 2.23 billion U.S. dollars. The indicator is available from 1975 to 2022. Below is a chart for all countries where data are available.

The Latin American IT Market is Segmented by Enterprise Size (Large Enterprises and Small and Medium Enterprises), End-user Industry (Retail, Manufacturing, BFSI, Government, IT and Telecom, and Other End-user Industries), and Country.

In 2023, Argentina was found to be the fastest growing market for market research in Latin America and the Caribbean. The Uruguayan market research sector grew approximately ** percent compared to the previous year, based on annual revenue. Brazil came in bottom position, with an annual growth rate of *** percent.

The revenue in the food market in Latin America was forecast to continuously increase between 2025 and 2030 by in total ***** billion U.S. dollars (+***** percent). After the tenth consecutive increasing year, the revenue is estimated to reach *** trillion U.S. dollars and therefore a new peak in 2030. Find further information concerning the volume in the 'Sauces & Spices' segment of the food market in Germany and the average volume per capita in the 'Convenience Food' segment of the food market in Uruguay. The Statista Market Insights cover a broad range of additional markets.

The Latin American Real Time Payments Market is segmented by Payment Type (P2P, P2B) and Country (Brazil, Mexico, Rest of Latin America).

The Latin America IT Services Market is segmented by Type (IT Consulting & Implementation, IT Outsourcing, Business Process Outsourcing), End-user (Manufacturing, Government, BFSI, Healthcare, Retail & Consumer Goods, Logistics), and by Country. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

The average for 2021 based on 17 countries was 0.225 index points. The highest value was in Panama: 0.771 index points and the lowest value was in Ecuador: 0.006 index points. The indicator is available from 1980 to 2021. Below is a chart for all countries where data are available.

End-of-day prices refer to the closing prices of various financial instruments, such as equities (stocks), bonds, and indices, at the end of a trading session on a particular trading day. These prices are crucial pieces of market data used by investors, traders, and financial institutions to track the performance and value of these assets over time. The Techsalerator closing prices dataset is considered the most up-to-date, standardized valuation of a security trading commences again on the next trading day. This data is used for portfolio valuation, index calculation, technical analysis and benchmarking throughout the financial industry. The End-of-Day Pricing service covers equities, equity derivative bonds, and indices listed on 170 markets worldwide.

The Latin American travel market, valued at $52.18 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 5.41% from 2025 to 2033. This growth is fueled by several key drivers. The rising middle class across various Latin American nations is a significant factor, with increased disposable income leading to greater spending on leisure and travel. Furthermore, improved infrastructure, including enhanced airport facilities and transportation networks in key tourist destinations like Mexico, Brazil, and Peru, is facilitating easier and more convenient travel. Government initiatives promoting tourism, such as visa relaxations and marketing campaigns highlighting cultural heritage and natural attractions, are also contributing to the market's expansion. Emerging trends include a growing preference for sustainable and eco-friendly tourism, a surge in adventure tourism activities catering to millennial and Gen Z travelers seeking unique experiences, and the increasing popularity of experiential travel focusing on immersive cultural interactions. However, the market faces certain restraints. Political instability in some regions, fluctuating exchange rates impacting travel costs, and concerns about safety and security in certain areas can deter potential tourists. The segment breakdown reveals a dynamic landscape: international tourism contributes significantly, driven by global interest in Latin America's diverse offerings, while domestic tourism is also expanding rapidly, fueled by rising local travel preferences. Purpose-based travel segments are diverse, ranging from the growing appeal of adventure tourism to the sustained demand for business travel and conferences, alongside significant family and friend visits. Key players in this market, including international hotel chains like Marriott and Hilton, alongside regional and specialized agencies such as Tangol SRL and Condor Travel, are actively competing to cater to these diverse segments. The competitive landscape is characterized by a mix of large multinational corporations and smaller, specialized travel agencies focusing on niche markets. International hotel chains leverage their global brand recognition and established infrastructure to dominate the accommodation sector. However, smaller, local agencies often possess a deeper understanding of the local culture and can offer more personalized and authentic experiences, attracting a distinct segment of travelers. The market's regional variations are significant, with Brazil and Mexico consistently ranking as the largest markets, attracting a substantial share of both domestic and international tourists. Other countries like Peru, Argentina, and Colombia are also experiencing considerable growth, benefiting from their unique cultural and natural attractions. Future growth will likely be influenced by factors such as economic conditions in both Latin America and key source markets globally, ongoing infrastructure development, and the effectiveness of government tourism policies in addressing challenges like safety and sustainability. The market's success hinges on effectively managing these challenges while capitalizing on the growing demand for unique and authentic travel experiences. The continued expansion of digital platforms and online booking services will also play a crucial role in shaping the future of this dynamic market. This report provides an in-depth analysis of the Latin America travel market, encompassing market size, segmentation, key trends, leading players, and future growth prospects. The market is valued in the billions, with significant opportunities for growth driven by both international and domestic tourism. Recent developments include: In January 2024, Trip.com Group and LATAM Airlines signed a new NDC agreement. Both companies have reached an agreement to give international travellers a contemporary and effective ticketing experience., In January 2023, UNWTO and the Development Bank of Latin America (CAF) have established a new partnership to encourage and maintain investment in tourism throughout Latin America and the Caribbean regions. As part of the collaboration, investment guides for tourism are being created for five nations, Uruguay, Barbados, Ecuador, El Salvador, and Panama.. Key drivers for this market are: Internet Penetration is Driving the Market. Potential restraints include: Government Regulations are Restraining the Market. Notable trends are: Rising Tourism Industry Investment affecting Latin America Travel and Tourism Industry..

The Latin America Lactase market is projected to be valued at USD 211.7 million in 2025 and is expected to reach USD 363.9 million by 2035, expanding at a CAGR of 5.6% over the forecast period.

Attributes	Description
Estimated Latin America Lactase Business Size (2025E)	USD 211.7 million
Projected Latin America Lactase Business Value (2035F)	USD 363.9 million
Value-based CAGR (2025 to 2035)	5.6%

The Latin America contact lenses market size was approximately USD 1440.40 Million in 2024. The market is estimated to grow at a CAGR of 5.00% during 2025-2034 to reach a value of USD 2346.26 Million by 2034.

The Latin America Food Cans Market Report is Segmented by Material Type (Aluminum Cans and Steel Cans), Application (Ready Meals, Powder Products, Fish and Seafood, Fruits and Vegetables, Processed Food, Pet Food, and Other Applications), and Country (Brazil, Mexico, Argentina, and Rest of Latin America). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Between 2019 and 2020, the market shares of Facebook and Pinterest have declined in most of the six largest Latin American markets. In Brazil and Colombia, Facebook's market shared decreased by nearly ** and ** percent, respectively. Only in Chile Mark Zuckerberg's flagship saw an increase in market share: it went almost *** percent up. Concurrently, Pinterest's market share in Chile decreased by over a third, while just in Brazil it went up – by around ********* as well.

More videos, anyone? Even though YouTube’s market share in Latin American countries remains somewhat modest – rarely surpassing ** percent – it has risen amidst COVID-19 outbreak in the region. In Argentina, Colombia, and Mexico, the market share of Google’s video platform increased by approximately **, **, and ** percent, respectively. But not all social media users turned to YouTube more often while quarantining: its market share decreased by almost ********* in Brazil.

stayhome (and double tap)

Instagram, which also belongs to Facebook, Inc., saw a more consistent expansion across Latin America’s key social media markets. In Brazil, its market share increased by nearly **********; in Mexico, by more than ** percent; and in Peru, by over a ******. Similarly, Twitter recorded growth in most of the countries listed, despite a *** percent decrease in market share in Mexico. The market share of this San Francisco-based microblogging service rose by roughly ** percent in Brazil and by ** percent in Colombia.

The Latin America sports drink market is estimated to register USD 2.6 billion in 2025 and is projected to reach USD 4.9 billion in 2035, recording a compounded annual growth rate (CAGR) of 6.4% over the forecast period 2025 to 2035.

Attributes	Value
Estimated Latin America Industry Size (2025E)	USD 2.6 billion
Projected Latin America Value (2035F)	USD 4.9 billion
Value-based CAGR (2025 to 2035)	6.4%

Semi-Annual Market Update for the Latin America Sports Drink Market

Period	CAGR
H1(2024 to 2034)	6.2%
H2(2024 to 2034)	6.5%
H1(2025 to 2035)	6.4%
H2(2025 to 2035)	6.7%

The Latin American payments market is experiencing robust growth, driven by the region's increasing smartphone penetration, expanding e-commerce sector, and a burgeoning young population increasingly comfortable with digital financial services. The market, valued at approximately $X billion in 2025 (assuming a reasonable market size based on the provided CAGR and comparable markets), is projected to expand at a compound annual growth rate (CAGR) exceeding 8% through 2033. This growth is fueled by several key trends, including the rising adoption of mobile wallets, the expansion of Buy Now, Pay Later (BNPL) services, and the increasing integration of open banking technologies. Fintech companies are at the forefront of this transformation, offering innovative solutions tailored to the unique needs of the Latin American market, which often lacks access to traditional banking services. The market is segmented into money transfer and payments, savings and investments, digital lending, online insurance, and other services, with each segment exhibiting significant growth potential. While the market presents considerable opportunities, certain challenges persist. These include regulatory hurdles in some countries, concerns around cybersecurity and data privacy, and the need to bridge the digital divide that still exists across various demographics and geographic locations within the region. Despite these obstacles, the continued expansion of digital infrastructure and growing consumer demand for convenient, accessible financial services are poised to drive further market expansion. Key players such as Nubank, Uala, and others are strategically positioned to capitalize on this growth, while new entrants are constantly emerging, fostering a competitive yet dynamic landscape. The market's future trajectory hinges on factors such as government initiatives promoting financial inclusion, ongoing technological advancements, and consumer confidence in digital platforms. Given the current growth trajectory and these positive drivers, the Latin American payments market is expected to reach a significant market valuation by 2033. Recent developments include: July 2021 - Z1, a digital bank geared at Latin American GenZers based in Sao Paulo, has secured USD 2.5 million in a round led by Homebrew in the United States. Z1 is a digital banking software designed specifically for teenagers and young people. The company was formed on the idea that Brazilian and Latin American teenagers may become more financially independent by using its app and linked prepaid card. Z1 is focused on Brazil but the startup has plans to expand into other countries in Latin America over time., June 2021 - Conductor, a leading payments & banking as service platform in Latin America, has announced the arrival of its technological platform in Mexico, considered strategic for the internationalization and global expansion of the company.. Notable trends are: Brazil and Mexico, are Dominating the Market.

The Latin America Licorice Root Sales is set to grow from an estimated USD 170.0 million in 2025 to USD 298.8 million by 2035, with a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2025 to 2035.

Metric	Value
Estimated Latin America Industry Size (2025E)	USD 170.0 million
Projected Latin America Value (2035F)	USD 298.8 million
Value-based CAGR (2025 to 2035)	5.8%

Semi-Annual Market Update for the Licorice Root Market in Latin America

Particular	Value CAGR
H1 2024	1.6% (2024 to 2034)
H2 2024	2.0% (2024 to 2034)
H1 2025	2.8% (2025 to 2035)
H2 2025	3.2% (2025 to 2035)

Country-wise Insights

Countries	Market Share (%)
Brazil	35%
Mexico	20%
Other Countries	45%

An analysis of Latin America Licorice Root Categories by Form Type and End-Use Application Type

Main Segment	Market Share (%)
Form Type (Powder)	30%
Remaining segments	70%

Main Segment	Market Share (%)
End Use Application (Cosmetics and Personal Care)	24%
Remaining segments	76%

Market Concentration

Manufacturer	Market Share (%)
Gustav Heess	24%
Dandy	19%
Naturex (part of Givaudan)	12%
Symrise	10%
Tate & Lyle	8%
Others	27%

Latin America mushroom market size reached USD 840.9 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,710.7 Million by 2033, exhibiting a growth rate (CAGR) of 8.14% during 2025-2033. The emerging popularity of plant-based protein among individuals across the region is primarily propelling the market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 840.9 Million
Market Forecast in 2033	USD 1,710.7 Million
Market Growth Rate (2025-2033)	8.14%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for ​2025-2033​. Our report has categorized the market based on mushroom type, form, distribution channel, and end use.

The Latin America automotive market had a volume of 5.90 Million Units in 2024. The industry is expected to grow at a CAGR of 4.80% during the forecast period of 2025-2034. Rapid urbanization across the region is increasing demand for personal and public vehicles thus putting pressure on cities to grow, while improvements in infrastructure and general accessibility for middle-class consumers allow for ownership of vehicles. In turn, all these factors have resulted in the market attaining a volume of 9.43 Million Units by 2034.