Latin America Yogurt And Probiotic Drink Market Size & Outlook
Latin America yogurt and probiotic drink market, 2017-2030 (US$M)
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Latin America yogurt and probiotic drink market highlights
- The Latin America yogurt and probiotic drink market generated a revenue of USD 7,012.8 million in 2021.
- The market is expected to grow at a CAGR of 9% from 2022 to 2030.
- In terms of segment, probiotic drink was the largest revenue generating product in 2021.
- Probiotic Drink 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 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 7,012.8 million |
| Market revenue in 2030 | USD 15,185.8 million |
| Growth rate | 9% (CAGR from 2021 to 2030) |
| Largest segment | Probiotic drink |
| Fastest growing segment | Probiotic Drink |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Yogurt Drink, Probiotic Drink |
| Key market players worldwide | Yakult Honsha Co Ltd, Chobani, Danone SA, Califia Farms, Lifeway Foods Inc, Bio-K+ International |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.8% of the global yogurt and probiotic drink market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 38,604.8 million by 2030.
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Yogurt And Probiotic Drink Market Scope
Yogurt And Probiotic Drink Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America yogurt and 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 yogurt and probiotic drink market will help companies and investors design strategic landscapes.
Probiotic drink was the largest segment with a revenue share of 54.2% in 2021. Horizon Databook has segmented the Latin America yogurt and probiotic drink market based on yogurt drink, probiotic drink covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Latin America yogurt and probiotic drink market databook
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Our clientele includes a mix of yogurt and probiotic drink 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 yogurt and probiotic drink market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America yogurt and probiotic drink market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America yogurt probiotic drink market report size, by country, 2017-2030 (US$M)
Latin America Yogurt And Probiotic Drink Market Outlook Share, 2021 & 2030 (US$M)
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