Mexico Dairy Alternatives Market Report and Forecast 2025-2034
Market Report I 2025-06-05 I 124 Pages I EMR Inc.
The Mexico dairy alternatives market reached approximately USD 347.45 Million in 2024. The market is projected to grow at a CAGR of 9.90% between 2025 and 2034, reaching a value of around USD893.04 Million by 2034.
Mexico Dairy Alternatives Market Growth
The rising trend towards health and well-being, growth of lactose-intolerant consumers, and shift in consumer preference towards plant-based products are crucial market drivers. This shift is heavily influenced by the multiple health benefits of dairy alternatives such as low risk of cholesterol and obesity.
Moreover, with the rising popularity of vegetarian, vegan, and flexitarian lifestyles, the demand for plant-based and dairy alternative food products has witnessed growth in the Mexican market. This trend is further supported by growing concerns related to animal welfare and the environmental impact of dairy production. This has further led the market participants to focus on implementing eco-conscious manufacturing practices that can mitigate carbon emissions.
Several companies are also offering innovative solutions such as a wide range of flavours in dairy alternatives such as milk, ice cream, and yoghurt, among others, to stand out among their peers. Such innovations may also include the usage of plant-based ingredients and low-calorie content to appeal to health-conscious consumers.
Mexico Dairy Alternatives Industry Segmentation
"Mexico Dairy Alternatives Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Market Breakup by Source:
- Soy
- Almond
- Coconut
- Rice
- Oats
- Hemp
- Others
Market Breakup by Formulation:
- Plain
- Flavoured
Market Breakup by Application:
- Milk
- Ice-Cream
- Yoghurt
- Cheese
- Creamers
- Others
Market Breakup by Distribution Channel:
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Channels
- Others
Market Breakup by Region:
- Central Mexico
- Northern Mexico
- Pacific Coast
- The Bajio
- Yucatan Peninsula
- Baja California
Mexico Dairy Alternatives Market Share
Based on source, the market is divided into soy, almond, coconut, rice, oats, and hemp, among others. Almond is expected to witness rapid growth in the market in the coming years as almond milk is laced with nutrients such as iron, magnesium, zinc, and copper, among others, which can lower the risk of heart diseases.
Leading Companies in the Mexico Dairy Alternatives Market
The market players are introducing novel and innovative flavours in their dairy alternative products to stay ahead of the competition.
- Danone S.A
- Nestle S.A
- Califia Farms LLC
- Others
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Dairy Alternatives Market Overview
5.1 Key Industry Highlights
5.2 Latin America Dairy Alternatives Historical Market (2018-2024)
5.3 Latin America Dairy Alternatives Market Forecast (2025-2034)
5.4 Latin America Dairy Alternatives Market Share by Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Chile
5.4.5 Others
6 Mexico Dairy Alternatives Market Overview
6.1 Key Industry Highlights
6.2 Mexico Dairy Alternatives Historical Market (2018-2024)
6.3 Mexico Dairy Alternatives Market Forecast (2025-2034)
7 Mexico Dairy Alternatives Market by Source
7.1 Soy
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Almond
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Coconut
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Rice
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Oats
7.5.1 Historical Trend (2018-2024)
7.5.2 Forecast Trend (2025-2034)
7.6 Hemp
7.6.1 Historical Trend (2018-2024)
7.6.2 Forecast Trend (2025-2034)
7.7 Others
8 Mexico Dairy Alternatives Market by Formulation
8.1 Plain
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Flavoured
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
9 Mexico Dairy Alternatives Market by Application
9.1 Milk
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Ice-Cream
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Yoghurt
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Cheese
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Creamers
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Others
10 Mexico Dairy Alternatives Market by Distribution Channel
10.1 Hypermarkets/Supermarkets
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Convenience Stores
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Online Channels
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Others
11 Mexico Dairy Alternatives Market by Region
11.1 Central Mexico
11.1.1 Historical Trend (2018-2024)
11.1.2 Forecast Trend (2025-2034)
11.2 Northern Mexico
11.2.1 Historical Trend (2018-2024)
11.2.2 Forecast Trend (2025-2034)
11.3 Pacific Coast
11.3.1 Historical Trend (2018-2024)
11.3.2 Forecast Trend (2025-2034)
11.4 The Bajio
11.4.1 Historical Trend (2018-2024)
11.4.2 Forecast Trend (2025-2034)
11.5 Yucatan Peninsula
11.5.1 Historical Trend (2018-2024)
11.5.2 Forecast Trend (2025-2034)
11.6 Baja California
11.6.1 Historical Trend (2018-2024)
11.6.2 Forecast Trend (2025-2034)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter's Five Forces Analysis
12.2.1 Supplier's Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Dairy Alternatives
13 Competitive Landscape
13.1 Supplier Selection
13.2 Key Global Players
13.3 Key Regional Players
13.4 Key Player Strategies
13.5 Company Profiles
13.5.1 Danone S.A
13.5.1.1 Company Overview
13.5.1.2 Product Portfolio
13.5.1.3 Demographic Reach and Achievements
13.5.1.4 Certifications
13.5.2 Nestle S.A
13.5.2.1 Company Overview
13.5.2.2 Product Portfolio
13.5.2.3 Demographic Reach and Achievements
13.5.2.4 Certifications
13.5.3 Califia Farms LLC
13.5.3.1 Company Overview
13.5.3.2 Product Portfolio
13.5.3.3 Demographic Reach and Achievements
13.5.3.4 Certifications
13.5.4 Others
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