South America Dairy Based Beverages Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.10 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Dairy Based Beverages Market Analysis
South America Dairy Based Beverages Market is projected to register a CAGR of 5.1%, during the forecast period of 2020-2025.
- The consumer demand for convenient and healthy on-the-go snack options is the primary attribute for the sales of dairy beverages in the region. The changing lifestyle of consumers, involving the consumption of smaller meals, is leading to increased consumption of snacks. Hence, dairy snacks, being the healthier and nutritional option, are witnessing increasing demand.
- Dairy-based snack products are naturally high in calcium content, and hence, are perceived as a nutritional snacking option. The health benefits of probiotic drinks, especially their ability to improve digestion and the immune system, are attracting consumers across all age groups.
South America Dairy Based Beverages Market Trends
This section covers the major market trends shaping the South America Dairy Based Beverages Market according to our research experts:
Rising Consumption of Probiotic Beverage
Consumers are looking for beverages that give an additional benefit other than quenching their thirst. The increasing amount of health conscious population is the major factor boosting the growth of the dairy-based probiotic beverage market. Probiotic beverages have additional nutritional benefits that may help to maintain the balance of the body, especially the gut. Many fruit and beverages companies are extending their product line by adding probiotic beverages to their portfolio, which includes functional beverages. Functional foods and probiotic drinks are a trending food habit all over the world.
Brazil holds the Largest Market Share in the Market Studied
Milk constitutes a major segment of the agri-business in Brazil. The country is developing ways and means for developing and increasing the quantity of exports, and also the domestic production capacity. Further, new developments in the political scenario in Brazil resulted in high prices of raw milk prices, resulting in a slow growth of the entire dairy value chain, including ice cream and other dairy product manufacturers operating in Brazil. On the other hand, Brazil remains a lucrative market for international players, as it is one of the prominent producers of dairy, with a high acceptance of dairy products in the country.
South America Dairy Based Beverages Industry Overview
The global dairy beverage market in South America is fragmented with the presence of small and large manufacturers. The market is highly competitive and dominated by major players.The key players are embarking on mergers and acquisitions as one of their key strategies to achieve consolidation and optimize their offerings. Moreover, these players merge with local players to gain dominance in the local markets. Some of the major players in thte market studied are Nestle SA, Danone Groupe SA, FrieslandCampina, Grupo Lala among others.
South America Dairy Based Beverages Market Leaders
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Nestle SA
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Danone Groupe SA
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FrieslandCampina.
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Lactalis International
*Disclaimer: Major Players sorted in no particular order
South America Dairy Based Beverages Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Milk
- 5.1.2 Yogurt
- 5.1.3 Kefir
- 5.1.4 Others
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5.2 By Category
- 5.2.1 Flavoured drink
- 5.2.2 Unflavored drink
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5.3 By Distibution Channel
- 5.3.1 Supermarkets/hypermarkets
- 5.3.2 Convenience stores
- 5.3.3 Specialty Stores
- 5.3.4 Online Channels
- 5.3.5 Others
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5.4 By Geography
- 5.4.1 Brazil
- 5.4.2 Columbia
- 5.4.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
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6.4 Company Profiles
- 6.4.1 Nestle SA
- 6.4.2 Grupo Lala
- 6.4.3 Chobani, LLC.
- 6.4.4 FrieslandCampina.
- 6.4.5 COCA COLA
- 6.4.6 Chr. Hansen
- 6.4.7 Danone
- 6.4.8 Lactalis International
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Dairy Based Beverages Industry Segmentation
South America Dairy Based Beverages Market is segmented by Type, Category, distribution channel, and geography. On the basis of type, the market is segmented into Milk, Yogurt, Kefir, and Others. On the basis category, the market is segmented into Flavored and Unflavored drinks. On the basis of distribution channel, the market is segmented into Supermarkets/Hypermarkets, Convenience stores, Specialty Stores, Online Channels, and Others. Based on geography, the report provide a regional analysis, which includes Brazil, Columbia, and rest of South America.
| By Type | Milk |
| Yogurt | |
| Kefir | |
| Others | |
| By Category | Flavoured drink |
| Unflavored drink | |
| By Distibution Channel | Supermarkets/hypermarkets |
| Convenience stores | |
| Specialty Stores | |
| Online Channels | |
| Others | |
| By Geography | Brazil |
| Columbia | |
| Rest of South America |
South America Dairy Based Beverages Market Research FAQs
What is the current South America Dairy Based Beverages Market size?
The South America Dairy Based Beverages Market is projected to register a CAGR of 5.10% during the forecast period (2024-2029)
Who are the key players in South America Dairy Based Beverages Market?
Nestle SA, Danone Groupe SA, FrieslandCampina. and Lactalis International are the major companies operating in the South America Dairy Based Beverages Market.
What years does this South America Dairy Based Beverages Market cover?
The report covers the South America Dairy Based Beverages Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Dairy Based Beverages Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Dairy Based Beverages Industry Report
Statistics for the 2024 South America Dairy Based Beverages market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Dairy Based Beverages analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
