Some category players are considering producing and importing plant-based products instead of making them locally. This trend is already evident in subcategories such as plant-based milk.
The activities of multinational companies such as NotCo and Danone and the leader dairy company Mastellone will boost the demand for plant-based dairy through modern grocery retailers over the forecast period. Over the review period, with the exception of Coca-Cola with its brand Ades in soy drinks, only small and medium-sized companies were visible in the plant-based dairy arena, prioritising sales through small local grocers due to the inability to negotiate with leading retailers such as Carrefour, Coto and Jumbo.
In tandem with this, large companies are expected to continue to gain ground to the detriment of small and medium-sized companies in the short term. Leaders such as Danone and Mastellone are focusing on increasing their value share with comparatively lower prices, although the quality is also lower.
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Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
See All of Our DefinitionsThis report originates from Passport, our Plant-based Dairy research and analysis database.
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