Mega Trends in Latin America
During the past decade, Latin America has shown tremendous growth supported by the strong macroeconomic reforms implemented during the 1990s. In addition to strong fiscal reform, external demand for the significant wealth of Latin America’s natural resources has pushed the region to the frontiers of development. Frost and Sullivan has identified Mega Trends that will create new growth opportunities and increase the region’s growth over the next decade. At the core of these trends that will define the future consumer market of Latin America is its projected 661 million people and combined GDP of almost $15.14 trillion in 2025.