Latin America Vegan Yogurt Market Size & Outlook
Latin America vegan yogurt market, 2016-2027 (US$M)
Related Markets
Latin America vegan yogurt market highlights
- The Latin America vegan yogurt market generated a revenue of USD 37.3 million in 2019.
- The market is expected to grow at a CAGR of 18.1% from 2020 to 2027.
- In terms of segment, soy was the largest revenue generating product in 2019.
- Rice 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 2019 | USD 37.3 million |
| Market revenue in 2027 | USD 141.0 million |
| Growth rate | 18.1% (CAGR from 2019 to 2027) |
| Largest segment | Soy |
| Fastest growing segment | Rice |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soy, Almond, Rice |
| Key market players worldwide | The Hain Celestial Group Inc, Danone SA, General Mills Inc, Chobani, Stonyfield Farms, Daiya Foods, Good Karma Foods, Hudson River Foods, Nancy's Probiotic Foods, Kite Hill, COYO |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.3% of the global vegan yogurt 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 1,792.7 million by 2027.
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Vegan Yogurt Market Scope
Vegan Yogurt Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America vegan yogurt 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 vegan yogurt market will help companies and investors design strategic landscapes.
Soy was the largest segment with a revenue share of 45.58% in 2019. Horizon Databook has segmented the Latin America vegan yogurt market based on soy, almond, rice covering the revenue growth of each sub-segment from 2016 to 2027.
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Target buyers of Latin America vegan yogurt market databook
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Our clientele includes a mix of vegan yogurt market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America vegan yogurt market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America vegan yogurt market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America vegan yogurt market size, by country, 2016-2027 (US$M)
Latin America Vegan Yogurt Market Outlook Share, 2019 & 2027 (US$M)
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