The Latin America, Middle East and Africa Drinking Yogurt Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 388.8 million litres, showcasing a growth of 9.5% (2023-2030).
Recently, there has been a surge in consumer interest and preference for organic products and foods. Preservatives and flavoring additives are two of the myriad chemicals in most packaged foods and beverages. Certain types of preservatives have been associated with adverse effects, including allergic reactions and an elevated cancer risk among consumers. More consumers are eschewing functional foods, natural beverages, and foods containing chemicals. A significant portion of the market is occupied by organic yogurt drinks, whose absence of detrimental additives and components—including growth hormone medications, herbicides, pesticides, and genetically modified organisms (GMOs)—has contributed to their increasing popularity and market share.
Drinking yogurt is a nutrient-dense beverage enriched with essential vitamins, minerals, and probiotics. Its popularity is fueled by its perceived health benefits, promoting gut health, boosting immunity, and aiding digestion. Consumers increasingly turn to drinking yogurt as a convenient and palatable way to incorporate these health-promoting elements into their daily routines. The versatility of this as a meal replacement or a satisfying snack has contributed significantly to its widespread adoption. With busy lifestyles and a growing emphasis on on-the-go nutrition, yogurt is convenient for those seeking a wholesome and quick refueling alternative.
According to the US Department of Agriculture, the UAE imported $12.5 billion in consumer-oriented products in 2022. Consumer-oriented products often offer customization and personalization options. This translates to a diverse range of flavors, formulations, and ingredient choices in the market. Manufacturers cater to individual taste preferences, dietary requirements, and health considerations, providing consumers with various options. As a result, these aspects will boost the market growth in the coming years.
The Brazil market dominated the LAMEA Drinking Yogurt Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,303 million by 2030. The Argentina market is registering a CAGR of 8.2% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 7.3% during (2023 - 2030).
Free Valuable Insights: The Worldwide Drinking Yogurt Market is Projected to reach USD 58.2 Billion by 2030, at a CAGR of 6.1%
Based on Type, the market is segmented into Dairy Based, and Non-Dairy Based. Based on Packaging, the market is segmented into Bottles, and Tetra Pack. Based on Flavor, the market is segmented into Flavored (Chocolate, Vanilla, Berries, Mango, and Others), and Plain. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type (Volume, Million Litres, USD Billion, 2019-2030)
By Packaging (Volume, Million Litres, USD Billion, 2019-2030)
By Flavor (Volume, Million Litres, USD Billion, 2019-2030)
By Distribution Channel (Volume, Million Litres, USD Billion, 2019-2030)
By Country (Volume, Million Litres, USD Billion, 2019-2030)
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