Argentina Flavored Milk Market Overview, 2028

Flavored milk is widely consumed in Argentina and holds a prominent position in the beverage market. It is commonly consumed as a refreshing and nutritious drink for breakfast, snacks, or as an accompaniment to meals. Argentina is known for its cultural love for mate, a traditional herbal tea. In the flavored milk market, a unique offering is mate-flavored milk, which combines the flavors of mate with milk. This unique combination caters to the local preference for mate and provides a distinctive taste experience. In addition to the traditional flavors, the market also features premium and gourmet flavored milk options. These products often offer unique and indulgent flavors, catering to consumers seeking a more upscale and sophisticated taste experience. The flavored milk market in Argentina is served by both local and international dairy companies. As consumers become increasingly health-conscious, there is a growing demand for flavored milk products that offer nutritional benefits. Some manufacturers are responding to this trend by introducing low-sugar or reduced-fat options, as well as fortifying their products with vitamins and minerals. The flavored milk market in Argentina is characterized by the presence of local dairy brands that have a strong reputation and consumer trust. Flavored milk holds cultural significance in Argentina, being a part of the traditional Argentine breakfast known as "merienda." It is often enjoyed alongside pastries, biscuits, or other snacks in the afternoon or evening. Flavored milk products in Argentina often highlights their nutritional value. They are positioned as a source of essential nutrients like calcium, proteins, and vitamins. This emphasis on nutrition appeals to health-conscious consumers looking for a tasty and nutritious beverage. According to the research report " Argentina Flavored Milk Market Overview, 2028," published by Bonafide Research, The Argentina Flavored Milk Market was valued at above USD 424.72 billion in 2022. The flavored milk market in Argentina has several unique specialties that distinguish it from other markets. Love for Chocolate Flavors, Cultural Significance, Quality Dairy Products, Variety of Packaging Formats, Local Brand Dominance, Focus on Nutrition, Market Segmentation. In Argentina, the flavored milk market offers various packaging options to cater to consumer preferences. Like, Cartons, Bottles, Pouches, Glass Bottles, Cans, etc. The flavored milk market in Argentina offers a variety of flavors to cater to diverse consumer preferences. Such as, Chocolate, Dulce de Leche, Mate-Flavored Milk, Strawberry, Vanilla, Banana, Coffee, Mixed Berry, Cookies and Cream, Flavored milk, known as "leche saborizada" or "leche con sabor" in Spanish, is a popular choice among consumers of all ages. Several popular companies sell and produce flavored milk in the Argentine flavored milk market. Such as, La Serenísima, Sancor, Milkaut, Danone, Verónica, Manfrey, La Martona, etc. These companies are recognized for their quality products and have a significant presence in the flavored milk market of Argentina. They cater to consumer preferences by offering a variety of flavors to suit different tastes.

The flavored milk market in Argentina consists primarily of dairy-based products, with a smaller presence of plant-based alternatives. Dairy-based flavored milk products dominate the market in Argentina. Dairy-based flavored milk products are popular due to the country's strong dairy tradition and the availability of high-quality milk. While the market for plant-based products is relatively smaller in Argentina compared to dairy-based products, there is a growing demand for plant-based alternatives. Plant-based flavored milk options are typically made from ingredients like soy, almond, oat, or rice. These products cater to consumers who follow a vegan lifestyle or have lactose intolerance or dairy allergies. It's worth noting that dairy-based flavored milk products have a more significant presence and market share in Argentina, as the country has a long-standing tradition of dairy consumption. However, the demand for plant-based alternatives is gradually increasing as more consumers seek dairy-free options for health, environmental, or ethical reasons. In Argentina, the flavored milk market utilizes various distribution channels to make products available to consumers. Such as, Supermarkets and Hypermarkets, Convenience Stores, Independent Groceries, Online Retail, Distributors and Wholesalers, Foodservice Channels. The flavored milk market in Argentina relies on a combination of traditional retail channels, online platforms, distributors, and foodservice channels to ensure wide availability and accessibility to consumers. These distribution channels work together to reach consumers across different regions and cater to various consumer preferences and needs. Recent Developments In Argentina, flavoured milk is a popular beverage, particularly among children and young adults. Some well-known companies that produce flavoured milk or related dairy products in Argentina include: • La Serenísima, a leading dairy company in Argentina, has been active in the flavored milk market. They have introduced new flavors and variants to their product portfolio, catering to different consumer preferences. La Serenísima has also focused on promoting their flavored milk products as a healthy and nutritious beverage choice. • Sancor, another prominent dairy company in Argentina, has expanded its flavored milk offerings. They have launched new flavors and innovative combinations, targeting both children and adults. Sancor has emphasized the use of high-quality ingredients and the nutritional benefits of their flavored milk products. • Danone, a global food and beverage company, has a presence in the flavored milk market in Argentina. They have introduced new flavors and packaging options to attract consumers. Danone has also emphasized the importance of natural ingredients and the absence of artificial additives in their flavored milk products.

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Manmayi Raval

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• Mastellone Hnos., the parent company of the La Martona brand, has focused on expanding its flavored milk product range. They have introduced new flavors, including unique combinations and seasonal variants. La Martona has also invested in packaging innovations to enhance convenience and freshness. • SanCor Bebé, a subsidiary of Sancor, specializes in infant and toddler nutrition products. They have developed flavored milk options specifically tailored for young children, taking into account their nutritional needs and taste preferences. SanCor Bebé has focused on promoting the nutritional benefits and safety of their flavored milk products for infants and toddlers. Considered in this report • Geography: Argentina • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Aspects covered in this report • Argentina flavoured milk market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product type • Dairy-based • Plant-based By Capacity • Chocolate • Fruit • Vanilla • Others By Packaging • Plastic Packaging • Paper Based Packaging • Glass Packaging • Metal Packaging By Distribution Channel • Supermarket and Hypermarket • Convenience Stores • Speciality Stores • Online • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to flavored milk industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.