Latin America Kefir Market By Composition (Water Kefir And Milk Kefir), By Type (Greek Style, Frozen, Organic, Low Fat And Others), By Flavour (Regular And Flavoured), By Distribution Channel (Supermarkets, Convenience Stores, Grocery Stores, Online Retailers And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029

Updated On: January, 2024
ID: 7276
Pages: 145

Latin America Kefir Market Size, Share, Growth (2022-2027)

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.

Latin America Kefir Market Overview

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.

Latin America Kefir Market Segmentation

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.

Latin America Kefir Market Key players

  1. Lifeway Foods Inc.

  2. The Greek Gods

  3. Helios Ingredients

  4. Fresh Made Inc.

  5. Groupe Danone

  6. Krasnystaw OSM

  7. Nestle SA

  8. Danisco

  9. Danlac Canada Inc

  10. The KEFIR Company

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