Market Trends of South America Flavored Milk Industry
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.