Mexico - North America Dairy Alternatives Market Size & Outlook
- Food Beverages & Tobacco
- Consumer Food & Beverages
- Dairy Alternatives Market Outlook
- Consumer Food & Beverages
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Mexico dairy alternatives market highlights
- The Mexico dairy alternatives market generated a revenue of USD 653.9 million in 2025 and is expected to reach USD 1,834.9 million by 2033.
- The Mexico market is expected to grow at a CAGR of 13.8% from 2026 to 2033.
- In terms of segment, almond was the largest revenue generating source in 2025.
- Almond is the most lucrative source segment registering the fastest growth during the forecast period.
Dairy alternatives market data book summary
| Market revenue in 2025 | USD 653.9 million |
| Market revenue in 2033 | USD 1,834.9 million |
| Growth rate | 13.8% (CAGR from 2026 to 2033) |
| Largest segment | Almond |
| Fastest growing segment | Almond |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soy, Almond, Coconut, Rice, Oats, Others Source |
| Key market players worldwide | Archer-Daniels Midland Co, Danone SA, The Hain Celestial Group Inc, Otsuka Pharmaceutical, SunOpta Inc, Oatly Group AB ADR, Blue Diamond Growers, CP Kelco, Vitasoy International Holdings Ltd, Eden Foods, Earth's Own, Freedom Foods Group, Organic Valley, Living Harvest Foods |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.8% of the global dairy alternatives market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. dairy alternatives market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,834.9 million by 2033.
Rising consumer demand for soy-based beverages in the region is expected to drive the dairy alternatives market in Mexico over the forecast period. Factors such as low-fat content, zero cholesterol, and increasing number of lactose intolerance cases are projected to drive the demand for soymilk in this region.
Manufacturers such as Unilever, Herdez, Del Valle, Jumex, and Sonrisa are offering soy fruit concoctions to attract the lactose intolerant consumers. In Mexico, beverage is a major application segment of the dairy alternatives market in terms of volume.
Increasing demand for lactose-free beverages such as soymilk, almond milk, rice milk, and others, especially in non-Hispanic consumers, is expected to drive the dairy alternatives market growth. Growing occurrence of milk allergies among Mexican consumers is expected to increase the demand for dairy alternative products over the forecast period.
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Publish Date: Mar 24, 2025
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Dairy Alternatives Market Scope
Dairy Alternatives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Danone SA | View profile | 88,843 | 17, Boulevard Haussmann, Paris, France, 75009 | www.danone.com |
| SunOpta Inc | View profile | 1,174 | 7078 Shady Oak Road, Eden Prairie, MN, United States, 55344 | www.sunopta.com |
| The Hain Celestial Group Inc | View profile | 2,837 | 4600 Sleepytime Drive, Co, Boulder, DE, United States, 80301 | www.hain.com |
| Vitasoy International Holdings Ltd | View profile | 6,534 | Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, Hong Kong, | www.vitasoy.com |
| Archer-Daniels Midland Co | View profile | 41,802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | www.adm.com |
| Otsuka Pharmaceutical | View profile | 251-500 | Tokyo, Tokyo, Japan, Asia | www.otsuka.co.jp/en/ |
| CP Kelco | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | www.cpkelco.com |
| Oatly Group AB ADR | View profile | 1,493 | Ångfärjekajen 8, Malmo, Sweden, 211 19 | www.oatly.com |
| Blue Diamond Growers | View profile | 1001-5000 | Sacramento, California, United States, North America | bluediamondgrowers.com/ |
| Freedom Foods Group | View profile | 501-1000 | Taren Point, New South Wales, Australia, Oceania | ffgl.com.au/ |
Mexico - North America Dairy Alternatives Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Dairy Alternatives Market Outlook will help companies and investors design strategic landscapes.
Almond was the largest segment with a revenue share of 44.04% in 2025.
Horizon Databook has segmented the Mexico - North America dairy alternatives market based on soy, almond, coconut, rice, oats, others source covering the revenue growth of each sub-segment from 2021 to 2033.
Rising consumer demand for soy-based beverages in the region is expected to drive the dairy alternatives market in Mexico over the forecast period. Factors such as low-fat content, zero cholesterol, and increasing number of lactose intolerance cases are projected to drive the demand for soymilk in this region.
Manufacturers such as Unilever, Herdez, Del Valle, Jumex, and Sonrisa are offering soy fruit concoctions to attract the lactose intolerant consumers. In Mexico, beverage is a major application segment of the dairy alternatives market in terms of volume.
Increasing demand for lactose-free beverages such as soymilk, almond milk, rice milk, and others, especially in non-Hispanic consumers, is expected to drive the dairy alternatives market growth. Growing occurrence of milk allergies among Mexican consumers is expected to increase the demand for dairy alternative products over the forecast period.
- Mexico - North America Dairy Alternatives Market Source Outlook (Revenue, USD Million , 2021-2033)
- Soy
- Almond
- Coconut
- Rice
- Oats
- Others
- Mexico - North America Dairy Alternatives Market Product Outlook (Revenue, USD Million , 2021-2033)
- Milk
- Yogurt
- Cheese
- Icecream
- Creamer
- Others
- Mexico - North America Dairy Alternatives Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
- Supermarket & Hypermarkets
- Convenience Stores
- Online retail
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Dairy Alternatives Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Dairy Alternatives Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Mexico - North America Dairy Alternatives Market, 2021-2033 (US$M)
Mexico dairy alternatives market statistics, by source, 2021-2033 (US$M)
