Latin America Kefir Market Size & Outlook, 2019-2027
Latin America kefir market, 2016-2027 (US$M)
Related Markets
Latin America kefir market highlights
- The Latin America kefir market generated a revenue of USD 23.1 million in 2019.
- The market is expected to grow at a CAGR of 4.2% from 2020 to 2027.
- In terms of segment, animal milk based was the largest revenue generating product in 2019.
- Milk Substitute Based is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2019 | USD 23.1 million |
| Market revenue in 2027 | USD 32.1 million |
| Growth rate | 4.2% (CAGR from 2019 to 2027) |
| Largest segment | Animal milk based |
| Fastest growing segment | Milk Substitute Based |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Animal Milk Based, Milk Substitute Based |
| Key market players worldwide | Lifeway Foods Inc, Emmi AG, Maple Hill Creamery, Green Valley Natural Solutions, Danone North America, findhelp, a Public Benefit Corporation, Nancy's Probiotic Foods, Lactalis, Forager Project, KeVita |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.3% of the global kefir market in 2019.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 293.4 million by 2027.
Key Regions: U.S. , UK , Japan , UAE , Switzerland
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Kefir Market Scope
Kefir Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America kefir market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to kefir market will help companies and investors design strategic landscapes.
Animal milk based was the largest segment with a revenue share of 69.26% in 2019. Horizon Databook has segmented the Latin America kefir market based on animal milk based, milk substitute based covering the revenue growth of each sub-segment from 2016 to 2027.
- Latin America Kefir Product Outlook (Revenue, USD Million, 2016-2027)
- Animal Milk Based
- Milk Substitute Based
- Latin America Kefir Distribution channel Outlook (Revenue, USD Million, 2016-2027)
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Our clientele includes a mix of kefir market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America kefir market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America kefir market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America kefir market
Latin America Kefir Market Outlook Share, 2019 & 2027 (US$M)
Latin America kefir market
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