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Latin America Plant-Based Food and Beverage Market 2021-2028

  • ID: 5360089
  • Report
  • July 2021
  • Region: Latin America
  • 125 pages
  • Triton Market Research

FEATURED COMPANIES

  • Amy's Kitchen
  • Blue Diamond Growers
  • Conagra Brands
  • Danone Sa
  • Kikkoman Corporation
  • Moving Mountains
  • MORE
MARKET OUTLOOK

This research report puts forth that the Latin America plant-based food and beverage market would progress with a CAGR of 8.28% over the forecasting years from 2021 to 2028. Mexico, Brazil, and Rest of Latin America together make the market in this region.

Brazil is the largest beef exporter in the world. In recent years, owing to more sedentary lifestyles and the growing consumption of junk food, the prevalence of diabetes, obesity, and cardiovascular disease has increased significantly in the country. However, the last few years have seen Brazilians becoming more health-conscious. They are becoming increasingly aware of healthier dietary options, and many of them have even turned towards plant-based diets. Apart from health concerns, this shift toward a plant-based diet from animal meat is also driven by the growing deforestation caused by the meat industry, and a growing prominence of the animal rights movement.

Also, the number of self-declared vegetarians has increased by nearly two times in Brazil over the period of last six years. The largest food tech start-ups and meat processors in Brazil have been increasingly investing in plant-based products to cater to the rising demand. Their product portfolio includes nuggets, sausages, hamburgers, and other plant-based frozen foods. Plant-based food start-ups in the nation have witnessed a soaring demand since 2019, when animal-based protein analogs first became widely available across restaurants and supermarkets. These instances show that the market for plant-based food and beverage in Brazil will flourish in the years to come.

COMPETITIVE OUTLOOK

The eminent names in the plant-based food and beverage market are Conagra Brands, Kikkoman Corporation, The Hain Celestial Group Inc, Amy’s Kitchen, Sweet Earth Inc, Daiya Foods Inc, Sunfed, Yofix Probiotics, and Moving Mountains.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amy's Kitchen
  • Blue Diamond Growers
  • Conagra Brands
  • Danone Sa
  • Kikkoman Corporation
  • Moving Mountains
  • MORE
1. Latin America Plant-Based Food and Beverage Market - Summary

2. Industry Outlook
2.1. Impact of COVID-19 on the Plant-Based Food and Beverage Industry
2.2. Key Insights
2.2.1. Awareness About Animal Health and Safety
2.2.2. Manufacturing Plant Expansions
2.2.3. Concerns About Health and Changing Lifestyles
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Product Launches
2.6.2. Contract & Partnerships
2.7. Market Drivers
2.7.1. Shift Towards Veganism
2.7.2. Rising Lactose Intolerance
2.7.3. Advantages of Plant-Based Diet
2.8. Market Challenges
2.8.1. High Cost of Plant-Based Products
2.8.2. Limited Awareness
2.8.3. Disparity in Perception of Dairy and Plant-Based Food and Beverages
2.9. Market Opportunities
2.9.1. Availability of Sustainable Products and Recyclable Packaging
2.9.2. Revolutionary Manufacturing Procedures
2.9.3. Introduction of Brand New Products

3. Latin America Plant-Based Food and Beverage Market Outlook - by Type
3.1. Dairy
3.2. Meat
3.3. Other Types

4. Latin America Plant-Based Food and Beverage Market Outlook - by Source
4.1. Soy
4.2. Wheat
4.3. Almond
4.4. Corn
4.5. Other Sources

5. Latin America Plant-Based Food and Beverage Market Outlook - by Distributors
5.1. Supermarkets/Hypermarkets
5.2. Convenience Stores
5.3. Specialty Stores
5.4. Online Retail
5.5. Other Distributors

6. Latin America Plant-Based Food and Beverage Market - Regional Outlook
6.1. Brazil
6.2. Mexico
6.3. Rest of Latin America

7. Competitive Landscape
7.1. Amy's Kitchen
7.2. Beyond Meat Inc
7.3. Blue Diamond Growers
7.4. Califia Farms
7.5. Conagra Brands
7.6. Daiya Foods Inc
7.7. Danone Sa
7.8. Field Roast Grain Meat Co Inc
7.9. Impossible Foods Inc
7.10. Kikkoman Corporation
7.11. Morningstar Farms
7.12. Moving Mountains
7.13. Pacific Foods of Oregon
7.14. Quorn Foods
7.15. Sunfed
7.16. Sweet Earth Inc
7.17. The Hain Celestial Group Inc
7.18. Yofix Probiotics

8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources of Data
8.3. Research Methodology

Table List
Table 1: Latin America Plant-Based Food and Beverage Market, by Country, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Veganism Around the World
Table 4: Population Percentage of Lactose-Intolerant People Across the World
Table 5: Annual Consumption of Cow Milk Worldwide by Country
Table 6: New Product Launches of Plant-Based Products
Table 7: Latin America Plant-Based Food and Beverage Market, by Type, 2021-2028 (In $ Million)
Table 8: Latin America Plant-Based Food and Beverage Market, by Source, 2021-2028 (In $ Million)
Table 9: Latin America Plant-Based Food and Beverage Market, by Distributors, 2021-2028 (In $ Million)
Table 10: Latin America Plant-Based Food and Beverage Market, by Country, 2021-2028 (In $ Million)

Figure List
Figure 1: Market Attractiveness Index
Figure 2: Latin America Plant-Based Food and Beverage Market, by Type, 2020 & 2028 (In %)
Figure 3: Latin America Plant-Based Food and Beverage Market, by Dairy, 2021-2028 (In $ Million)
Figure 4: Latin America Plant-Based Food and Beverage Market, by Meat, 2021-2028 (In $ Million)
Figure 5: Latin America Plant-Based Food and Beverage Market, by Other Types, 2021-2028 (In $ Million)
Figure 6: Latin America Plant-Based Food and Beverage Market, by Source, 2020 & 2028 (In %)
Figure 7: Latin America Plant-Based Food and Beverage Market, by Soy, 2021-2028 (In $ Million)
Figure 8: Latin America Plant-Based Food and Beverage Market, by Wheat, 2021-2028 (In $ Million)
Figure 9: Latin America Plant-Based Food and Beverage Market, by Almond, 2021-2028 (In $ Million)
Figure 10: Latin America Plant-Based Food and Beverage Market, by Corn, 2021-2028 (In $ Million)
Figure 11: Latin America Plant-Based Food and Beverage Market, by Other Sources, 2021-2028 (In $ Million)
Figure 12: Latin America Plant-Based Food and Beverage Market, by Distributors, 2020 & 2028 (In %)
Figure 13: Latin America Plant-Based Food and Beverage Market, by Supermarkets/Hypermarkets, 2021-2028 (In $ Million)
Figure 14: Latin America Plant-Based Food and Beverage Market, by Convenience Stores, 2021-2028 (In $ Million)
Figure 15: Latin America Plant-Based Food and Beverage Market, by Specialty Stores, 2021-2028 (In $ Million)
Figure 16: Latin America Plant-Based Food and Beverage Market, by Online Retail, 2021-2028 (In $ Million)
Figure 17: Latin America Plant-Based Food and Beverage Market, by Other Distributors, 2021-2028 (In $ Million)
Figure 18: Latin America Plant-Based Food and Beverage Market, Regional Outlook, 2020 & 2028 (In %)
Figure 19: Brazil Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 20: Mexico Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 21: Rest of Latin America Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Note: Product cover images may vary from those shown
  • Amy's Kitchen
  • Beyond Meat Inc
  • Blue Diamond Growers
  • Califia Farms
  • Conagra Brands
  • Daiya Foods Inc
  • Danone Sa
  • Field Roast Grain Meat Co Inc
  • Impossible Foods Inc
  • Kikkoman Corporation
  • Morningstar Farms
  • Moving Mountains
  • Pacific Foods of Oregon
  • Quorn Foods
  • Sunfed
  • Sweet Earth Inc
  • The Hain Celestial Group Inc
  • Yofix Probiotics
Note: Product cover images may vary from those shown

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