Latin America Kefir Market was worth USD 150.8 million in 2021 and is estimated to be growing at a CAGR of 6.3%, to reach USD 204.7 million by 2027.
Kefir is a functional beverage of Russian origin made by yeast/bacterial fermentation of milk. Kefir products have many nutrients like dietary minerals, vitamins, essential amino acids, and conjugated linoleic acid, in amounts similar to unfermented cow, goat or sheep milk. It is a probiotic drink, in addition to bacteria, kefir often contains strains of yeast that can metabolize lactose. Primary factors accounted for driving the market are the increasing popularity for Kefir products and their nutritional and health benefits and increasing awareness in consumers regarding healthy diets and the advantages of functional beverages and probiotic bacteria. However, expensive cost production and storage problems are the factors hindering the growth of the market.
based on
Composition
Type
Flavour
Distribution Channel
Based on Composition –
Water Kefir
Milk Kefir
Based on Type
Greek style
Frozen
Organic
Low fat
Based on Flavour
Regular Kefir
Flavoured Kefir
Based on Distribution Channels
Supermarkets
Convenience Stores
Grocery Stores
Online Retailers
Regional Analysis
Brazil
Argentina
Mexico
Rest of Latin America. Brazil is leading the market regionally, due to presence of market leaders and increasing popularity regarding the health benefits of Kefir among individuals. Argentina is expected to grow the fastest owing to its increasing disposable income and increasing adoption rate of functional beverages. Milk Kefir hold the major share in the market due to its additional nutritional benefits as it is prepared from milk. Greek type Kefir holds the major share in the market based on type. Flavoured Kefir holds the major share in terms of flavour while Regular Kefir is expected to grow the fastest due to the increasing number of individuals opting for natural and unflavoured Kefir.
Lifeway Foods Inc.
The Greek Gods
Helios Ingredients
Fresh Made Inc.
Groupe Danone
Krasnystaw OSM
Nestle SA
Danisco
Danlac Canada Inc
The KEFIR Company
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