Mexico Dairy Alternatives Market Report and Forecast 2025-2034

Published May 29, 2025

Length 124 Pages

SKU # EMAR20078782

Description

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 USD 893.04 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 Bajío
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 Bajío; 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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