South America Flavored Milk Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
South America Flavored Milk Market Analysis
South America Flavored Milk Market is growing at a CAGR of 4.8% during the forecast period (2020- 2025).
- The flavored milk market in South American comprises of milkshakes, which is growing at a faster rate as people are paying more attention to their health by consuming these types of milk. The demand for new flavored and nutrition rich dairy products is gaining popularity as the consumers are shifting to the vegan diet to fulfill their nutrition needs.
- Also, the company uses innovative drinks plus technology to create beverages with more perceptible additional benefits, thereby increasing shelf visibility in supermarkets to attract customers.
- However, consumers across the regions are more health conscious and inclined towards various sports activities, especially football, which, in turn, affects the growth of the flavored milk market as consumers are more inclined towards sports and energy drinks.
South America Flavored Milk Market Trends
This section covers the major market trends shaping the South America Flavored Milk Market according to our research experts:
Growing Demand For Fortified Food And Beverages
With the growing health concerns among the emerging South American economies, their consumers are swapping less healthy beverage options like carbonated soft drinks, and even juices, for flavored milk. The South American younger generation is creating an opportunity for flavored milk manufactures in the segment of ready-to-drink flavored milk, as this generation is more likely to recognize the health benefits, convenience, and nutrients content that come with the pre-packaged ready-to-drink dairy beverages. Therefore, there is a potential for innovation on flavors, formats, and formulation that are in sync what will appeal to a larger section of the population, while fulfilling the nutritional requirements.
Brazil Is The Fastest Growing Market For Flavored Milk
The flavored milk market in South America is segmented geographically on the basis of the major regions such as Brazil, Argentina, and other southern American countries. Brazil is expected to be the fastest growing market for flavored milk, due to the growing health concerns along with with the increasing disposable income level and rising population, which will lead to the increased sale of flavored milk in South America. Efforts are also being made to increase the flavored milk production in South-America and therefore enhance South American dairy farmer income.
South America Flavored Milk Industry Overview
Some of the leading manufacturers and suppliers of the flavored milk in the South America are Nestle S.A., Kraft Foods Group Inc. and CBL Alimentos S.A. (Betania). These companies are focusing on the expansion of facilities and product portfolio, due to the growing demand for flavored milk in the beverage industry. Companies are actively involved in developing innovative products, which is encouraging food and beverage manufacturers’ particularly dairy industry to make good use of the most preferred flavors among the customers, so as to enhance their product quality and increase health benefits to consumers.
Major Players: Nestle S.A., Kraft Foods Group Inc., Arla Foods, Mococa S.A. Produtos Alimenticios, CBL Alimentos S.A. (Betania), Coca Cola and others.
South America Flavored Milk Market Leaders
-
Nestle S.A
-
Arla Food
-
Mococa S.A. Produtos Alimenticios
-
CBL Alimentos S.A. (Betania)
-
The Coca-Cola Company
*Disclaimer: Major Players sorted in no particular order
South America Flavored Milk Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
- 3.1 Market Overview
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Type
- 5.1.1 Dairy-based
- 5.1.2 Plant-based
-
5.2 By Distribution Channel
- 5.2.1 Supermarkets/Hypermarkets
- 5.2.2 Convenience Stores
- 5.2.3 Specialist Stores
- 5.2.4 Online Stores
- 5.2.5 Other Distribution Channels
-
5.3 Geography
- 5.3.1 South America
- 5.3.1.1 Brazil
- 5.3.1.2 Argentina
- 5.3.1.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
-
6.4 Company Profiles
- 6.4.1 Nestle S.A
- 6.4.2 Arla Food
- 6.4.3 Mococa S.A. Produtos Alimenticios
- 6.4.4 CBL Alimentos S.A. (Betania)
- 6.4.5 The Coca-Cola Company
- 6.4.6 Dairy Farmers of America, Inc.
- 6.4.7 Prairie Farms Dairy, Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablitySouth America Flavored Milk Industry Segmentation
South America Flavored Milk Market is segmented by Type into Dairy-based and Plant-based; by Distribution Channel into Supermarket/ Hypermarkets, Convenience Stores, Specialist Stores, Online Retail Stores, and Other Distribution Channels; and by Geography
| By Type | Dairy-based | |
| Plant-based | ||
| By Distribution Channel | Supermarkets/Hypermarkets | |
| Convenience Stores | ||
| Specialist Stores | ||
| Online Stores | ||
| Other Distribution Channels | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
South America Flavored Milk Market Research FAQs
What is the current South America Flavored Milk Market size?
The South America Flavored Milk Market is projected to register a CAGR of 4.80% during the forecast period (2024-2029)
Who are the key players in South America Flavored Milk Market?
Nestle S.A, Arla Food, Mococa S.A. Produtos Alimenticios, CBL Alimentos S.A. (Betania) and The Coca-Cola Company are the major companies operating in the South America Flavored Milk Market.
What years does this South America Flavored Milk Market cover?
The report covers the South America Flavored Milk Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Flavored Milk Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Flavored Milk Industry Report
Statistics for the 2024 South America Flavored Milk market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Flavored Milk analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
