Latin America Probiotic Drink Market Size & Outlook

The probiotic drink market in Latin America is expected to reach a projected revenue of US$ 761.6 million by 2027. A compound annual growth rate of 7.2% is expected of Latin America probiotic drink market from 2020 to 2027.
Revenue, 2019 (US$M)
$435.6
Forecast, 2027 (US$M)
$761.6
CAGR, 2020 - 2027
7.2%
Report Coverage
Latin America

Latin America probiotic drink market highlights

  • The Latin America probiotic drink market generated a revenue of USD 435.6 million in 2019.
  • The market is expected to grow at a CAGR of 7.2% from 2020 to 2027.
  • In terms of segment, dairy-based was the largest revenue generating product in 2019.
  • Plant-based is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.

Latin America data book summary

Market revenue in 2019USD 435.6 million
Market revenue in 2027USD 761.6 million
Growth rate7.2% (CAGR from 2019 to 2027)
Largest segmentDairy-based
Fastest growing segmentPlant-based
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationDairy-based, Plant-based
Key market players worldwideYakult Honsha Co Ltd, Danone SA, PepsiCo Inc, Harmless Harvest, Nestle SA, Lifeway Foods Inc, AMUL, NextFoods, Bio-K+ International, Fonterra Co-operative Group, Chobani

Other key industry trends

  • In terms of revenue, Latin America region accounted for 3.2% of the global probiotic drink market in 2019.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • Latin America is the fastest growing regional market and is projected to reach USD 761.6 million by 2027.

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Probiotic Drink Market Scope

Probiotic drink market segmentation & scope

Probiotic Drink Market Companies

Name Profile # Employees HQ Website

Latin America probiotic drink 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 probiotic drink market will help companies and investors design strategic landscapes.


Dairy-based was the largest segment with a revenue share of 59.96% in 2019. Horizon Databook has segmented the Latin America probiotic drink market based on dairy-based, plant-based covering the revenue growth of each sub-segment from 2016 to 2027.


  • Latin America Probiotic Drink Product Outlook (Revenue, USD Million, 2016-2027)
    • Dairy-based
    • Plant-based
  • Latin America Probiotic Drink Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
    • Offline
    • Online

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Target buyers of Latin America probiotic drink market databook

  • Our clientele includes a mix of probiotic drink 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 probiotic drink market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America probiotic drink market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Latin America probiotic drink market size, by country, 2016-2027 (US$M)

Latin America Probiotic Drink Market Outlook Share, 2019 & 2027 (US$M)

Latin America probiotic drink market size, by country, 2016-2027 (US$M)

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