South America Fermented Drinks Market Size

Statistics for the 2023 & 2024 South America Fermented Drinks market size, created by Mordor Intelligence™ Industry Reports. South America Fermented Drinks size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of South America Fermented Drinks Industry

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South America Fermented Drinks Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.10 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

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South America Fermented Drinks Market Analysis

South America Fermented Drinks Market is projected to register a CAGR of 4.1%, during the forecast period, 2020-2025.

  • South America has had associated with fermented drinks as consumers traditionally have made cultured yogurts and probiotics drinks. The fermented drinks are available for sale at open public markets, which is driving the market growth in the region. This trend is likely to propel the fermented food and drink market in other countries, such as Chile, Uruguay, Colombia, and Peru.
  • Consumers in South America have a greater understanding of the relationship between diet and health, which is fueling the growth in the industry. Besides, the increasing purchasing power among the middle-class population is triggering the fermented food and drink market growth.

South America Fermented Drinks Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)