Latin America Oat Milk Market Size & Outlook, 2020-2028

The oat milk market in Latin America is expected to reach a projected revenue of US$ 262.3 million by 2028. A compound annual growth rate of 13.7% is expected of Latin America oat milk market from 2021 to 2028.
Revenue, 2020 (US$M)
$94.1
Forecast, 2028 (US$M)
$262.3
CAGR, 2021 - 2028
13.7%
Report Coverage
Latin America

Latin America oat milk market highlights

  • The Latin America oat milk market generated a revenue of USD 94.1 million in 2020.
  • The market is expected to grow at a CAGR of 13.7% from 2021 to 2028.
  • In terms of segment, conventional was the largest revenue generating source in 2020.
  • Organic is the most lucrative source segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2021 to 2028.

Latin America data book summary

Market revenue in 2020USD 94.1 million
Market revenue in 2028USD 262.3 million
Growth rate13.7% (CAGR from 2020 to 2028)
Largest segmentConventional
Fastest growing segmentOrganic
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationOrganic, Conventional
Key market players worldwideOatly Group AB ADR, Danone SA, RISE Brewing Co., Thrive Market, Happy Planet Foods, Califia Farms, The Coca-Cola Company, Elmhurst University, Century Pacific Food, HP Hood

Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.2% of the global oat milk market in 2020.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • North America is the fastest growing regional market and is projected to reach USD 866.6 million by 2028.

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Oat Milk Market Companies

Name Profile # Employees HQ Website

Latin America oat milk 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 oat milk market will help companies and investors design strategic landscapes.


Conventional was the largest segment with a revenue share of 67.8% in 2020. Horizon Databook has segmented the Latin America oat milk market based on organic, conventional covering the revenue growth of each sub-segment from 2017 to 2028.


  • Latin America Oat Milk Source Outlook (Revenue, USD Million, 2017-2028)
    • Organic
    • Conventional
  • Latin America Oat Milk Product Outlook (Revenue, USD Million, 2017-2028)
    • Plain
    • Flavored
  • Latin America Oat Milk Packaging Outlook (Revenue, USD Million, 2017-2028)
    • Cartons
    • Bottle
    • Others
  • Latin America Oat Milk Distribution Channel Outlook (Revenue, USD Million, 2017-2028)
    • Supermarkets & Hypermarkets
    • Convenience Stores
    • Online Retail
    • Others

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Target buyers of Latin America oat milk market databook

  • Our clientele includes a mix of oat milk market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America oat milk market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America oat milk market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America oat milk market size, by country, 2017-2028 (US$M)

Latin America Oat Milk Market Outlook Share, 2020 & 2028 (US$M)

Latin America oat milk market size, by country, 2017-2028 (US$M)

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