Latin America Plant-based Food And Beverage Market 2023-2030

Latin America Plant-based Food And Beverage Market 2023-2030



MARKET OUTLOOK

According to Triton Market Research, the Latin American plant-based food and beverage market is expected to experience significant growth during the forecast period of 2023-2030, with a compound annual growth rate of 11.54%. The report analyzes Mexico, Brazil, and the Rest of Latin America.

Mexico is witnessing a growing demand for plant-based food and beverage alternatives, driven by increasing consumer interest and a shift towards a vegetarian diet. The country's rich culinary tradition, incorporating fresh fruits, vegetables, and grains, is adapting to include meatless versions of popular dishes like Tacos. The rise in vegan and vegetarianism is also fueled by the country's focus on healthy eating, prompted by high obesity rates, particularly among children. Companies like Nestlé, Burger King, and Heartbeat Foods have entered the Mexican market with plant-based offerings, catering to this growing trend.

As one of the largest meat consumers, Argentina has witnessed a gradual rise in veganism, and Green Eats has tapped into this growing demand. Increased purchasing power and a growing awareness of health and wellness support the expansion of the market. Additionally, the country caters to the rising demand for plant-based alternatives due to allergies and intolerances related to animal protein, further fueling the food and beverage market growth.

COMPETITIVE OUTLOOK

The well-known enterprises in the plant-based food and beverage market include Living Harvest Foods Inc, General Mills Inc, Beyond Meat Inc, Campbell Soup Company, KeVita Inc, Conagra Brands Inc, Danone SA, and Amy's Kitchen Inc.


1. Latin America Plant-based Food And Beverage Market - Summary
2. Industry Outlook
2.1. Impact Analysis On The Plant-based Food And Beverage Market
2.1.1. Covid-19 Impact
2.2. Key Insights
2.2.1. Awareness About Animal Welfare And Food Safety
2.2.2. Favorable Initiatives By Governments And Associations
2.2.3. Demand For Plant-based Seafood
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Maturity Analysis
2.5. Industry Components
2.5.1. Raw Material Suppliers
2.5.2. Food Manufacturers
2.5.3. Distributors
2.5.4. End-users
2.6. Regulatory Framework
2.7. Key Market Strategies
2.7.1. Product Launches
2.7.2. Collaborations
2.7.3. Business Expansions & Divestitures
2.7.4. Acquisitions
2.8. Market Drivers
2.8.1. Shift Towards Veganism
2.8.2. Rising Lactose Intolerance
2.8.3. Advantages Of Plant-based Diet
2.9. Market Challenges
2.9.1. High Cost Of Plant-based Products
2.9.2. Limited Awareness About Plant-based Food Products
2.9.3. Different Perceptions About Plant-based Food And Beverages
2.10. Market Opportunities
2.10.1. Sustainable Products And Recyclable Packaging
2.10.2. Revolutionary Manufacturing Procedures
2.10.3. Innovation And Diversity In Plant-based Food And Beverages
2.11. Analyst Perspective
3. Latin America Plant-based Food And Beverage Market - By Type
3.1. Plant-based Dairy Derivatives
3.1.1. Plant-based Ice Cream And Frozen Desserts
3.1.2. Plant-based Cheese
3.1.3. Plant-based Yogurt
3.1.4. Plant-based Creamer
3.1.5. Plant-based Dairy Spreads And Dips
3.2. Plant-based Meat Substitutes
3.2.1. Textured Vegetable Protein
3.2.2. Tofu
3.2.3. Tempeh
3.2.4. Mycoprotein, Seitan, And Other Meat Substitutes
3.3. Plant-based Nutrition/Snack Bars
3.4. Plant-based Bakery Products
3.5. Plant-based Beverages
3.5.1. Plant-based Milk
3.5.1.1. Soy Milk
3.5.1.2. Almond Milk
3.5.1.3. Other Plant-based Milk
3.5.2. Packaged Smoothies
3.5.3. Coffee
3.5.4. Tea
3.5.5. Other Plant-based Beverages
3.6. Other Plant-based Type Products
4. Latin America Plant-based Food And Beverage Market- By Ingredient
4.1. Soy
4.2. Wheat
4.3. Pea
4.4. Coconut
4.5. Almond
4.6. Cashew
4.7. Other Ingredients
5. Latin America Plant-based Food And Beverage Market- By Storage
5.1. Frozen
5.2. Refrigerated
5.3. Shelf-stable
6. Latin America Plant-based Food And Beverage Market - By Sales Channel
6.1. Offline Sales Channel
6.1.1. Supermarkets/Hypermarkets
6.1.2. Convenience Stores
6.1.3. Specialty Stores
6.1.4. Other Offline Sales Channels
6.2. Online Sales Channel
7. Latin America Plant-based Food And Beverage Market – By Country Outlook
7.1. Latin America
7.1.1. Market By Type
7.1.1.1. Market By Dairy Derivatives
7.1.1.2. Market By Meat Substitutes
7.1.1.3. Market By Plant-based Beverages
7.1.1.3.1. Market By Plant-based Milk
7.1.2. Market By Ingredient
7.1.3. Market By Storage
7.1.4. Market By Sales Channel
7.1.4.1. Market By Offline Sales Channel
7.1.5. Country Analysis
7.1.5.1. Brazil
7.1.5.1.1. Brazil Plant-based Food And Beverage Market Forecast & Prospects
7.1.5.2. Mexico
7.1.5.2.1. Mexico Plant-based Food And Beverage Market Forecast & Prospects
7.1.5.3. Rest Of Latin America
7.1.5.3.1. Rest Of Latin America Plant-based Food And Beverage Market Forecast & Prospects
8. Competitive Landscape
8.1. General Mills Inc
8.1.1. Overview
8.1.2. Product Portfolio
8.1.3. Key Strengths
8.1.4. Key Challenges
8.2. Danone Sa
8.2.1. Overview
8.2.2. Product Portfolio
8.2.3. Key Strengths
8.2.4. Key Challenges
8.3. Conagra Brands Inc
8.3.1. Overview
8.3.2. Product Portfolio
8.3.3. Key Strengths
8.3.4. Key Challenges
8.4. The Hain Celestial Group Inc
8.4.1. Overview
8.4.2. Product Portfolio
8.4.3. Key Strengths
8.4.4. Key Challenges
8.5. Blue Diamond Growers
8.5.1. Overview
8.5.2. Product Portfolio
8.5.3. Key Strengths
8.5.4. Key Challenges
8.6. The Archer-daniels-midland Company (Adm)
8.6.1. Overview
8.6.2. Product Portfolio
8.6.3. Key Strengths
8.6.4. Key Challenges
8.7. Nestlé Sa
8.7.1. Overview
8.7.2. Product Portfolio
8.7.3. Key Strengths
8.7.4. Key Challenges
8.8. Impossible Foods Inc
8.8.1. Overview
8.8.2. Product Portfolio
8.9. Amy’s Kitchen Inc
8.9.1. Overview
8.9.2. Product Portfolio
8.10. Beyond Meat Inc
8.10.1. Overview
8.10.2. Product Portfolio
8.11. Campbell Soup Company
8.11.1. Overview
8.11.2. Product Portfolio
8.12. Daiya Foods Inc
8.12.1. Overview
8.12.2. Product Portfolio
8.13. Living Harvest Foods Inc
8.13.1. Overview
8.13.2. Product Portfolio
8.14. Meatless Farm
8.14.1. Overview
8.14.2. Product Portfolio
8.15. Kevita Inc
8.15.1. Overview
8.15.2. Product Portfolio
9. Research Methodology & Scope
9.1. Research Scope & Deliverables
9.2. Sources Of Data
9.3. Research Methodology
Tables List
Table 1: Latin America Plant-based Food And Beverage Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: Country-wise Regulatory Framework For Plant-based Food And Beverage
Table 3: List Of Product Launches
Table 4: List Of Collaborations
Table 5: List Of Business Expansions & Divestitures
Table 6: List Of Acquisitions
Table 7: Veganism Around Latin America
Table 8: Population Percentage Of Lactose-intolerant People Across Latin America
Table 9: Annual Consumption Of Cow Milk In Latin America, By Country Outlook
Table 10: Latin America Plant-based Food And Beverage Market, By Type, 2023-2030 (In $ Million)
Table 11: Latin America Plant-based Food And Beverage Market, By Plant-based Dairy Derivatives, 2023-2030 (In $ Million)
Table 12: Latin America Plant-based Food And Beverage Market, By Plant-based Meat Substitutes, 2023-2030 (In $ Million)
Table 13: Latin America Plant-based Food And Beverage Market, By Plant-based Beverages, 2023-2030 (In $ Million)
Table 14: Latin America Plant-based Food And Beverage Market, By Plant-based Milk, 2023-2030 (In $ Million)
Table 15: Latin America Plant-based Food And Beverage Market, By Ingredient, 2023-2030 (In $ Million)
Table 16: Latin America Plant-based Food And Beverage Market, By Storage, 2023-2030 (In $ Million)
Table 17: Latin America Plant-based Food And Beverage Market, By Sales Channel, 2023-2030 (In $ Million)
Table 18: Latin America Plant-based Food And Beverage Market, By Offline Sales Channel, 2023-2030 (In $ Million)
Table 19: Latin America Plant-based Food And Beverage Market, By Country Outlook, 2023-2030 (In $ Million)
Figures List
Figure 1: Market Maturity Analysis
Figure 2: Industry Components
Figure 3: Latin America Plant-based Food And Beverage Market, By Type, 2022 & 2030 (In %)
Figure 4: Latin America Plant-based Food And Beverage Market, By Plant-based Dairy Derivatives, 2023-2030 (In $ Million)
Figure 5: Latin America Plant-based Food And Beverage Market, By Plant-based Dairy Derivatives, 2022 & 2030 (In %)
Figure 6: Latin America Plant-based Food And Beverage Market, By Plant-based Ice Cream And Frozen Desserts, 2023-2030 (In $ Million)
Figure 7: Latin America Plant-based Food And Beverage Market, By Plant-based Cheese, 2023-2030 (In $ Million)
Figure 8: Latin America Plant-based Food And Beverage Market, By Plant-based Yogurt, 2023-2030 (In $ Million)
Figure 9: Latin America Plant-based Food And Beverage Market, By Plant-based Creamer, 2023-2030 (In $ Million)
Figure 10: Latin America Plant-based Food And Beverage Market, By Plant-based Dairy Spreads And Dips, 2023-2030 (In $ Million)
Figure 11: Latin America Plant-based Food And Beverage Market, By Plant-based Meat Substitutes, 2023-2030 (In $ Million)
Figure 12: Latin America Plant-based Food And Beverage Market, By Plant-based Meat Substitutes, 2022 & 2030 (In %)
Figure 13: Latin America Plant-based Food And Beverage Market, By Textured Vegetable Protein, 2023-2030 (In $ Million)
Figure 14: Latin America Plant-based Food And Beverage Market, By Tofu, 2023-2030 (In $ Million)
Figure 15: Latin America Plant-based Food And Beverage Market, By Tempeh, 2023-2030 (In $ Million)
Figure 16: Latin America Plant-based Food And Beverage Market, By Mycoprotein, Seitan, And Other Meat Substitutes, 2023-2030 (In $ Million)
Figure 17: Latin America Plant-based Food And Beverage Market, By Plant-based Nutrition/Snack Bars, 2023-2030 (In $ Million)
Figure 18: Latin America Plant-based Food And Beverage Market, By Plant-based Bakery Products, 2023-2030 (In $ Million)
Figure 19: Latin America Plant-based Food And Beverage Market, By Plant-based Beverages, 2023-2030 (In $ Million)
Figure 20: Latin America Plant-based Food And Beverage Market, By Plant-based Beverages, 2022 & 2030 (In %)
Figure 21: Latin America Plant-based Food And Beverage Market, By Plant-based Milk, 2023-2030 (In $ Million)
Figure 22: Latin America Plant-based Food And Beverage Market, By Plant-based Milk, 2022 & 2030 (In %)
Figure 23: Latin America Plant-based Food And Beverage Market, By Soy Milk, 2023-2030 (In $ Million)
Figure 24: Latin America Plant-based Food And Beverage Market, By Almond Milk, 2023-2030 (In $ Million)
Figure 25: Latin America Plant-based Food And Beverage Market, By Other Plant-based Milk, 2023-2030 (In $ Million)
Figure 26: Latin America Plant-based Food And Beverage Market, By Packaged Smoothies, 2023-2030 (In $ Million)
Figure 27: Latin America Plant-based Food And Beverage Market, By Coffee, 2023-2030 (In $ Million)
Figure 28: Latin America Plant-based Food And Beverage Market, By Tea, 2023-2030 (In $ Million)
Figure 29: Latin America Plant-based Food And Beverage Market, By Other Plant-based Beverages, 2023-2030 (In $ Million)
Figure 30: Latin America Plant-based Food And Beverage Market, By Other Plant-based Type Products, 2023-2030 (In $ Million)
Figure 31: Latin America Plant-based Food And Beverage Market, By Ingredient, 2022 & 2030 (In %)
Figure 32: Latin America Plant-based Food And Beverage Market, By Soy, 2023-2030 (In $ Million)
Figure 33: Latin America Plant-based Food And Beverage Market, By Wheat, 2023-2030 (In $ Million)
Figure 34: Latin America Plant-based Food And Beverage Market, By Pea, 2023-2030 (In $ Million)
Figure 35: Latin America Plant-based Food And Beverage Market, By Coconut, 2023-2030 (In $ Million)
Figure 36: Latin America Plant-based Food And Beverage Market, By Almond, 2023-2030 (In $ Million)
Figure 37: Latin America Plant-based Food And Beverage Market, By Cashew, 2023-2030 (In $ Million)
Figure 38: Latin America Plant-based Food And Beverage Market, By Other Ingredients, 2023-2030 (In $ Million)
Figure 39: Latin America Plant-based Food And Beverage Market, By Storage, 2022 & 2030 (In %)
Figure 40: Latin America Plant-based Food And Beverage Market, By Frozen, 2023-2030 (In $ Million)
Figure 41: Latin America Plant-based Food And Beverage Market, By Refrigerated, 2023-2030 (In $ Million)
Figure 42: Latin America Plant-based Food And Beverage Market, By Shelf-stable, 2023-2030 (In $ Million)
Figure 43: Latin America Plant-based Food And Beverage Market, By Sales Channel, 2022 & 2030 (In %)
Figure 44: Latin America Plant-based Food And Beverage Market, By Offline Sales Channel, 2023-2030 (In $ Million)
Figure 45: Latin America Plant-based Food And Beverage Market, By Offline Sales Channel, 2022 & 2030 (In %)
Figure 46: Latin America Plant-based Food And Beverage Market, By Supermarkets/Hypermarkets, 2023-2030 (In $ Million)
Figure 47: Latin America Plant-based Food And Beverage Market, By Convenience Stores, 2023-2030 (In $ Million)
Figure 48: Latin America Plant-based Food And Beverage Market, By Specialty Stores, 2023-2030 (In $ Million)
Figure 49: Latin America Plant-based Food And Beverage Market, By Other Offline Sales Channels, 2023-2030 (In $ Million)
Figure 50: Latin America Plant-based Food And Beverage Market, By Online Sales Channel, 2023-2030 (In $ Million)
Figure 51: Latin America Plant-based Food And Beverage Market, By Country Outlook, 2022 & 2030 (In %)
Figure 52: United States Plant-based Food And Beverage Market 2023-2030 (In $ Million)
Figure 53: Brazil Plant-based Food And Beverage Market 2023-2030 (In $ Million)
Figure 54: Mexico Plant-based Food And Beverage Market 2023-2030 (In $ Million)
Figure 55: Rest Of Latin America Plant-based Food And Beverage Market 2023-2030 (In $ Million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings