13:52 ETBrazil Plant-Based Dairy Market to Reach USD 215 Million by 2032 Amid Rising Demand for Dairy Alternatives and Expanding Retail Presence| Vyansa Intelligence

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2026.03.28 17:53
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The Brazil Plant-Based Dairy Market is projected to grow from approximately USD 145 million in 2026 to nearly USD 215 million by 2032, with a CAGR of around 5.79%. This growth is driven by rising consumer demand for plant-based nutrition, awareness of lactose intolerance, and increased retail availability. Plant-based milk dominates the market, holding a 95% share, while offline retail accounts for 95% of sales. Major companies like Nestlé and Coca-Cola are expanding their presence, although the market faces challenges due to limited diversification beyond milk alternatives.