South America Flavored Milk Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

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

South America Flavored Milk Market Size

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Snapshot
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

South America Flavored Milk Market

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of South America Flavored Milk Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

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.

trend 2

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.

Trend1

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

  1. Nestle S.A

  2. Arla Food

  3. Mococa S.A. Produtos Alimenticios

  4. CBL Alimentos S.A. (Betania)

  5. The Coca-Cola Company

*Disclaimer: Major Players sorted in no particular order

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South America Flavored Milk Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Dairy-based

      2. 5.1.2 Plant-based

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/Hypermarkets

      2. 5.2.2 Convenience Stores

      3. 5.2.3 Specialist Stores

      4. 5.2.4 Online Stores

      5. 5.2.5 Other Distribution Channels

    3. 5.3 Geography

      1. 5.3.1 South America

        1. 5.3.1.1 Brazil

        2. 5.3.1.2 Argentina

        3. 5.3.1.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Nestle S.A

      2. 6.4.2 Arla Food

      3. 6.4.3 Mococa S.A. Produtos Alimenticios

      4. 6.4.4 CBL Alimentos S.A. (Betania)

      5. 6.4.5 The Coca-Cola Company

      6. 6.4.6 Dairy Farmers of America, Inc.

      7. 6.4.7 Prairie Farms Dairy, Inc.

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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South 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
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South America Flavored Milk Market Research FAQs

The South America Flavored Milk Market is projected to register a CAGR of 4.80% during the forecast period (2024-2029)

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.

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.

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South America Flavored Milk Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)