You are currently viewing Latin America Dairy Market to Exhibit Significant Share due to Rising Popularity of On-the-Go Food Product During 2023-2028

Latin America Dairy Market to Exhibit Significant Share due to Rising Popularity of On-the-Go Food Product During 2023-2028

El nuevo estudio de Informes de Expertos titulado ‘Mercado Lácteo de América Latina, Informe y Pronóstico 2023-2028′, ofrece un análisis profundo del mercado, evaluándolo por producto y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Latin America Dairy Market 2023-2028’ , gives an in-depth analysis of the market, assessing it based on product and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe son:

Visión General del Mercado (2018-2028)

• CAGR del Periodo de Pronóstico (2023-2028): 3,5%

La ausencia de marcos normativos rigurosos y el aumento de la financiación de los sectores público y privado han impulsado la expansión de la industria láctea en todo el mundo. La expansión de la producción de productos lácteos es el resultado del desarrollo de las industrias agrícolas y ganaderas en muchas partes del mundo. La expansión del negocio también se ha visto favorecida por el aumento de tiendas de conveniencia, supermercados, grandes almacenes e hipermercados en la región. El mercado se ha inundado con una abundancia de productos ofrecidos por diferentes marcas.

La producción de leche está aumentando, lo cual es una buena noticia para la industria láctea latinoamericana. En 2018, la producción de leche de América del Sur aumentó, y para 2021, tuvo un valor de 75 mil millones de dólares. Además, la producción de leche de América del Sur aumentó apenas un 1,1% con respecto a 2017, alcanzando los 64 millones de toneladas en 2018. Se prevé que la producción de leche aumente aún más en naciones como Argentina, Colombia, Chile y Uruguay. Las apretadas agendas de la clase trabajadora han provocado un aumento de la demanda de artículos móviles, accesibles y prácticos.

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Industry Definition and Major Segments

Due to the importance of dairy products in our diets, there has been great demand for them, and this trend is predicted to continue over the projected period. A number of low-fat, lactose-free, and cholesterol-free dairy products have hit the market as producers respond to the demands of the world’s health-conscious population.

Some of the products available in the Latin America dairy market are:

• Fluid/UHT/Flavoured Milk
• Cream
• Butter
• Anhydrous Milk Fat (AMF)
• Whey Protein (Powder and Concentrate)
• Lactose
• Casein
• Cheese
• Yoghurt
• Ice-cream
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Chile
• Colombia
• Others

Market Trends

The majority of Latin America consumes milk and cheese on a regular basis, especially in rural areas, however they are typically consumed in an unpackaged or artisanal form. For the industry, this brings both difficulties and opportunities. Consumers are converting to industrialised dairy products because to their convenience and extended shelf life, but the growth of packaged versions is being hampered by macroeconomic headwinds driving up prices.

In Brazil, milk is a common ingredient in meals and is consumed by adults as well as children for breakfast and lunch, as a snack or dessert, as well as in coffee, sweets, and other meals. In Mexico, Argentina, Chile, and Columbia, cheese is the most popular and dynamic dairy product in comparison to Brazil. To target the high end of the market, manufacturers should use premium indulgent dairy products like on-the-go flavour milk or drinking yoghurt fortified with super grains and super fruits, while maintaining a wider variety of staple products like powder milk, condensed milk, and ambient yoghurt to appeal to the low end of the market.

Key Market Players

The major players in the market are:

• SanCor Cooperativas Unidas Limitada
• Mastellone Hermanos SA
• Nestlé S.A.
• Cooperativa Central Dos Produtores Rurais De Minas Gerais Ltda
• Groupe Lactalis
• Alpina Productos Alimenticios S.A.
• Lacteos Betania SA
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.