South America Dairy Alternatives Market Forecast to 2028

Report Code : BMIRE00026305 | Region : LAMEA | Industry : Food and Beverages | Published Date : 26/Sep/2022
South America Dairy Alternatives Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Source (Soy, Almond, Coconut, Oats, and Others), Product Type (Milk, Ice Cream, Yogurt, Cheese, and Others), and Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, and Others)

The SAM dairy alternatives market is expected to grow from US$ 1,135.72 million in 2022 to US$ 2,159.25 million by 2028. It is estimated to grow at a CAGR of 11.3% from 2022 to 2028.

Dairy alternative manufacturers are investing significantly in product innovation to appeal to a large group of consumers. Product innovation strategy offers a competitive edge to the players operating in the market, boosting their profitability. Manufacturers of dairy alternatives provide certified organic, non-GMO, gluten-free, clean-label, and allergen-free products to cater to ever-rising customer requirements.

Moreover, consumers have become health-conscious and prefer low-calorie and low-fat products. Therefore, manufacturers of plant-based dairy offer unsweetened and low-sugar products. Further, manufacturers are experimenting with different plant-based milk sources, such as barley, peas, hemp, chia seeds, bananas, and cashews.

Generally, plant-based ice cream manufacturers use almond milk, coconut milk, or oat milk. Several innovations open new opportunities in the dairy alternatives market. Leading manufacturers of dairy alternatives are developing products that resemble the taste and texture of conventional dairy milk to attract many consumers. Several product developments are further expected to provide potential growth opportunities to the manufacturers of dairy alternatives in the coming years across the region.

Vendors can attract new customers and expand their footprints in emerging markets with new features and technologies. This factor is likely to drive the SAM dairy alternatives market at a promising CAGR during the forecast period.

SAM Dairy Alternatives Market Revenue and Forecast to 2028 (US$ Million)

SAM Dairy Alternatives Market Segmentation

The SAM dairy alternatives market is segmented based on source, product type, distribution channel, and country. Based on product type, the market is segmented into milk, ice cream, yogurt, cheese, and others. The milk segment dominated the market in 2022.

Based on source, the market is segmented into soy, almond, coconut, oats, and others. The almond segment dominated the market in 2022.

Based on distribution channel, the market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others. The supermarkets & hypermarkets segment dominated the market in 2022.

Based on country, the market is segmented into Brazil, Argentina, and the Rest of SAM. Brazil dominated the market in 2022.

Blue Diamond Growers; Califia Farms, LLC; Danone S.A.; Nestlé SA; Oatly Inc.; and Valio Ltd are the leading companies in the SAM dairy alternatives market.

The List of Companies - South America Dairy Alternatives Market

● Blue Diamond Growers

● Califia Farms, LLC

● Danone S.A.

● Nestlé SA

● Oatly Inc.   

● Valio Ltd

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis Formulation:

3.2.4 Macro-economic Factor Analysis:

3.2.5 Developing Base Number:

3.2.6 Data Triangulation:

3.2.7 Country Level Data:

4. SAM Dairy Alternatives Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Expert Opinion

5. SAM Dairy Alternatives Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Trend of Veganism

5.1.2 Increasing Prevalence of Lactose Intolerance

5.2 Market Restraints

5.2.1 High Product Price

5.3 Market Opportunities

5.3.1 Product Innovation

5.4 Future Trends

5.4.1 Surging Demand for Functional Dairy Alternatives

5.5 Impact Analysis of Drivers and Restraints

6. Dairy Alternatives Market – SAM Analysis

6.1 SAM Dairy Alternatives Market –Revenue and Forecast to 2028 (US$ Million)

7. SAM Dairy Alternatives Market Analysis – By Product Type

7.1 Overview

7.2 SAM Dairy Alternatives Market, By Product Type (2021 and 2028)

7.3 Milk

7.3.1 Overview

7.3.2 Milk: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

7.4 Ice Cream

7.4.1 Overview

7.4.2 Ice Cream: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

7.5 Yogurt

7.5.1 Overview

7.5.2 Yogurt: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

7.6 Cheese

7.6.1 Overview

7.6.2 Cheese: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

8. SAM Dairy Alternatives Market Analysis – By Source

8.1 Overview

8.2 SAM Dairy Alternatives Market, By Source (2021 and 2028)

8.3 Soy

8.3.1 Overview

8.3.2 Soy: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Almond

8.4.1 Overview

8.4.2 Almond: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Coconut

8.5.1 Overview

8.5.2 Coconut: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Oats

8.6.1 Overview

8.6.2 Oats: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Others

8.7.1 Overview

8.7.2 Others: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

9. SAM Dairy Alternatives Market Analysis – By Distribution Channel

9.1 Overview

9.2 SAM Dairy Alternatives Market, By Distribution Channel (2021 and 2028)

9.3 Supermarkets & Hypermarkets

9.3.1 Overview

9.3.2 Supermarkets & Hypermarkets: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

9.4 Convenience Stores

9.4.1 Overview

9.4.2 Convenience Stores: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

9.5 Online Retail

9.5.1 Overview

9.5.2 Online Retail: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: Dairy Alternatives Market– Revenue and Forecast to 2028 (US$ Million)

10. SAM Dairy Alternatives Market – Country Analysis

10.1 Overview

10.1.1 SAM: Dairy Alternatives Market, by Key Country

10.1.1.1 Brazil: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Brazil: Dairy Alternatives Market, By Product Type

10.1.1.1.2 Brazil: Dairy Alternatives Market, by Source

10.1.1.1.3 Brazil: Dairy Alternatives Market, by Distribution Channel

10.1.1.2 Argentina: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 Argentina: Dairy Alternatives Market, By Product Type

10.1.1.2.2 Argentina: Dairy Alternatives Market, by Source

10.1.1.2.3 Argentina: Dairy Alternatives Market, by Distribution Channel

10.1.1.3 Rest of SAM: Dairy Alternatives Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Rest of SAM: Dairy Alternatives Market, By Product Type

10.1.1.3.2 Rest of SAM: Dairy Alternatives Market, by Source

10.1.1.3.3 Rest of SAM: Dairy Alternatives Market, by Distribution Channel

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 Blue Diamond Growers

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Nestlé SA

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Danone S.A.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Oatly Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Califia Farms, LLC

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Valio Ltd

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1.             SAM Dairy Alternatives Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Brazil Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Brazil Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Brazil Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Argentina Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Argentina Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Argentina Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Rest of SAM Dairy Alternatives Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Rest of SAM Dairy Alternatives Market, by Source – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Rest of SAM Dairy Alternatives Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 11.          List of Abbreviation

The List of Companies - South America Dairy Alternatives Market

● Blue Diamond Growers

● Califia Farms, LLC

● Danone S.A.

● Nestlé SA

● Oatly Inc.   

● Valio Ltd

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM dairy alternatives market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the SAM dairy alternatives market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the dairy alternatives market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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