Brazil Soy Beverages Market Report by Product Type (Soy Milk, Soy-Based Drinkable Yogurt), Flavor (Plain Soy Beverages, Flavored Soy Beverages), Distribution Channel (Supermarkets and Hypermarkets, Online Retail Stores, Convenience Stores, and Others), and Region 2024-2032

Brazil Soy Beverages Market Report by Product Type (Soy Milk, Soy-Based Drinkable Yogurt), Flavor (Plain Soy Beverages, Flavored Soy Beverages), Distribution Channel (Supermarkets and Hypermarkets, Online Retail Stores, Convenience Stores, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A15758
Buy Now

Market Overview:

Brazil soy beverages market size is projected to exhibit a growth rate (CAGR) of 3.78% during 2024-2032. The growing health and awareness trends, increasing lactose intolerance among individuals, rise in vegetarian and vegan diets, growing environmental and sustainability concerns, significant product innovations and diversification, favorable government initiatives, effective marketing campaigns, and rapid urbanization represent some of the key factors driving the market.

Report Attribute
Key Statistics
Base Year
Forecast Years
Historical Years
Market Growth Rate (2024-2032) 3.78%

Soy beverages, commonly known as soy milk, are plant-based dairy alternatives made from soybeans. These beverages have gained popularity as a nutritious and lactose-free substitute for traditional milk of cow. In order to produce soy milk, soybeans are soaked, blended, and then strained to separate the liquid from the solid residue. The resulting soy milk is rich in essential nutrients, such as protein, calcium, and vitamins. It offers a creamy texture and a mild, slightly nutty flavor, making it versatile for various culinary applications. One of the primary benefits of soy beverages is their high protein content, making them an excellent choice for individuals seeking a plant-based protein source. Additionally, soy milk is often fortified with vitamins and minerals, including vitamin D and calcium, to mimic the nutritional profile of cow's milk. It is also naturally cholesterol-free and low in saturated fats, thus promoting heart health.

Brazil Soy Beverages Market Trends:

Increasing awareness about health and wellness represents one of the key factors driving the market growth. Soy beverages are perceived as a healthier alternative to traditional dairy milk due to their lower saturated fat content and potential benefits for heart health. Consumers are actively seeking options that align with their health-conscious lifestyles. Additionally, a substantial portion of the population in Brazil, like many other regions, is lactose intolerant. Soy beverages provide a lactose-free alternative, making them a preferred choice for individuals who experience discomfort or digestive issues after consuming dairy products. Other than this, the rise in vegetarianism and veganism has bolstered demand for plant-based alternatives, including soy beverages. These beverages serve as an essential source of protein and nutrients for those following plant-based diets, contributing to their popularity. Besides this, as consumers become more environmentally conscious, they are drawn to soy beverages due to their lower environmental impact compared to traditional dairy farming. Soybean cultivation generally requires fewer resources and produces fewer greenhouse gas emissions, aligning with sustainability goals. In line with this, manufacturers in Brazil have been proactive in introducing new and innovative soy-based products. This includes flavored soy beverages, fortified options with added vitamins and minerals, and even soy-based yogurt and desserts, appealing to a broader range of consumer preferences. Furthermore, government initiatives promoting the production and consumption of plant-based foods have played a role in the growth of the soy beverages market. Incentives and support for soybean cultivation and processing have encouraged industry expansion. Moreover, effective marketing campaigns and consumer education efforts have raised awareness about the benefits of soy beverages. Highlighting their nutritional value and versatility in cooking and baking has contributed to the increased product adoption, thereby creating a positive outlook for the market further across the country.

Brazil Soy Beverages Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, flavor, and distribution channel.

Product Type Insights:

  • Soy Milk
  • Soy-Based Drinkable Yogurt

The report has provided a detailed breakup and analysis of the market based on the product type. This includes soy milk and soy-based drinkable yogurt.

Flavor Insights:

  • Plain Soy Beverages
  • Flavored Soy Beverages

A detailed breakup and analysis of the market based on the flavor have also been provided in the report. This includes plain soy beverages and flavored soy beverages.

Distribution Channel Insights:

  • Supermarkets and Hypermarkets
  • Online Retail Stores
  • Convenience Stores
  • Others

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes supermarkets and hypermarkets, online retail stores, convenience stores, and others.

Regional Insights:

  • Southeast
  • South
  • Northeast
  • North
  • Central-West

The report has also provided a comprehensive analysis of all the major regional markets, which include Southeast, South, Northeast, North, and Central-West.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

 Brazil Soy Beverages Market Report Coverage:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Product Type
  • Flavor
  • Distribution Channel
  • Region
Product Types Covered Soy Milk, Soy-Based Drinkable Yogurt
Flavors Covered Plain Soy Beverages, Flavored Soy Beverages
Distribution Channels Covered Supermarkets and Hypermarkets, Online Retail Stores, Convenience Stores, Others
Regions Covered Southeast, South, Northeast, North, Central-West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the Brazil soy beverages market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Brazil soy beverages market?
  • What is the breakup of the Brazil soy beverages market on the basis of product type?
  • What is the breakup of the Brazil soy beverages market on the basis of flavor?
  • What is the breakup of the Brazil soy beverages market on the basis of distribution channel?
  • What are the various stages in the value chain of the Brazil soy beverages market? 
  • What are the key driving factors and challenges in the Brazil soy beverages?
  • What is the structure of the Brazil soy beverages market and who are the key players?
  • What is the degree of competition in the Brazil soy beverages market?

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Brazil soy beverages market from 2018-2032.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the Brazil soy beverages market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Brazil soy beverages industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Brazil Soy Beverages Market Report by Product Type (Soy Milk, Soy-Based Drinkable Yogurt), Flavor (Plain Soy Beverages, Flavored Soy Beverages), Distribution Channel (Supermarkets and Hypermarkets, Online Retail Stores, Convenience Stores, and Others), and Region 2024-2032
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More