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Latin America Plant-based Dairy Market 2025
$1,675.00
Anticipated to grow steadily, the Latin America plant-based dairy market is expected to rise from USD 2,220.0 million in 2024 to USD 3,639.2 million by 2030, with a CAGR of 8.6% throughout the forecast period. The Latin American market for plant-based dairy is on the rise as consumers prioritize health and wellness, particularly in urban areas. Growing concerns about lactose intolerance and digestive health are driving demand for alternatives to traditional dairy. The region is also seeing an increase in vegan and environmentally conscious lifestyles, leading to greater acceptance of plant-based products.
The report provides a comprehensive analysis of the Latin America plant-based dairy market, offering detailed data on historical market size and growth rates over the past six years, alongside forecasts extending to 2030. It presents an in-depth examination of market categories and subcategories, with a particular focus on key trends shaping the industry across product type, distribution channel and country.
Market Segmentation
The following outlines the segmentation of the Latin America plant-based dairy market:
Product type: plant-based milk, plant-based yoghurt, plant-based cheese
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
In Latin America, the plant-based dairy market is segmented by product type, distribution channel and country. By product type, the market features plant-based milk, plant-based yoghurt, and plant-based cheese. Distribution channel segmentation includes convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, food & drinks stores, grocery stores, e-commerce, and others. Geographically, the market encompasses Argentina, Brazil, Chile, Colombia, Mexico and others.
Competitive Landscape
The plant-based dairy market is characterized by dominance from key players such as Watt’s S.A., The Coca-Cola Company, Positive Brands Industria e Comercio de Alimentos Saudaveis S.A., Nestle S.A., Mastellone Hnos S.A., Laive S.A., Grupo Lala S.A.B. de C.V. , Grupo Industrial Cuadritos Biotek S.A. de C.V., GRUPO GLORIA, Danone S.A. and Alvarez Y Sanchez C. Por A.
This report delivers an in-depth examination of leading companies in the plant-based dairy sector, analyzing their performance from 2020 to 2024. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Latin America plant-based dairy market.
Gain in-depth analysis and forecasts for the key segments of the Latin America plant-based dairy market: product type, distribution channel and country.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Latin America plant-based dairy market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Latin America plant-based dairy market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Latin America Plant-based Dairy Market – Product Type Analysis
Latin America Plant-based Dairy Market – Distribution Channel Analysis
Latin America Plant-based Dairy Market – Country Analysis
Company Shares Analysis
Watt’s S.A.
The Coca-Cola Company
Positive Brands Industria e Comercio de Alimentos Saudaveis S.A.
Nestle S.A.
Mastellone Hnos S.A.
Laive S.A.
Grupo Lala S.A.B. de C.V.
Grupo Industrial Cuadritos Biotek, S.A. de C.V.
GRUPO GLORIA
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Latin America Plant-based Dairy Market 2020-2030
Chart Latin America Plant-based Dairy Market, Net Growth, 2020-2030
Chart Latin America Plant-based Dairy Market, Growth Rates, 2020-2030
Table Latin America Plant-based Dairy Market by Product Type, 2020-2030
Chart Latin America Plant-based Dairy Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Latin America Plant-based Dairy Market by Product Type, 2020-2030
Table Latin America Plant-based Dairy Market by Distribution Channel, 2020-2030
Chart Latin America Plant-based Dairy Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Latin America Plant-based Dairy Market by Distribution Channel, 2020-2030
Table Latin America Plant-based Dairy Market by Country, 2020-2030
Chart Latin America Plant-based Dairy Market by Country, CAGR Historic and Forecast, 2020-2030
Chart Latin America Plant-based Dairy Market by Country, 2020-2030
Table Latin America Plant-based Dairy Market Share (%), by Companies, 2020-2024
Chart Latin America Plant-based Dairy Market, by Companies, 2024
Table Latin America Plant-based Dairy Market Share (%), by Brands, 2020-2024
Chart Latin America Plant-based Dairy Market, by Brands, 2024
Table Latin America – Population (Millions) and Forecast
Table Latin America – Consumer Price Index (CPI) and Forecast
Table Latin America – Gross Domestic Product and Forecast
Table Latin America Plant-based Dairy Market: Spend as a Proportion of GDP (%)
Table Latin America Plant-based Dairy Market: Consumption per Capita (Population)
Companies Mentioned
Watt’s S.A.
The Coca-Cola Company
Positive Brands Industria e Comercio de Alimentos Saudaveis S.A.
Nestle S.A.
Mastellone Hnos S.A.
Laive S.A.
Grupo Lala S.A.B. de C.V.
Grupo Industrial Cuadritos Biotek, S.A. de C.V.
GRUPO GLORIA
Danone S.A.
Alvarez Y Sanchez, C. Por A.
| Product Type | Market Research |
|---|---|
| Region | Latin America |
| Published Date | 2025 |
What’s Inside?
→ Market Estimates, Forecasts & Historical Data
→ Critical Performance Data and Rankings
→ Emerging Trends, Market Changes
→ PDF Report and Excel Datasheet
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