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Mexico Flavoured Milk Market Size, Share, Trends, Forecast: By Flavour Type: Chocolate, Fruit, Vanilla, Coffee, Hazelnut, Others; By Packaging: Paper Based, Plastic Based, Glass Based, Metal Based, Others; By Distribution Channel: Hypermarkets and Supermarkets, Speciality Stores, Others; Regional Analysis; Competitive Landscape; 2023-2028
Mexico Flavoured Milk Market Outlook
The Mexico flavoured milk market size was approximately USD 1.63 billion in 2022. The market is assessed to grow at a CAGR of 8.6% between 2023 and 2028, reaching a value of USD 2.67 billion by 2028.
Key Trends in the Market
Flavoured milk is a kind of dairy-based beverage prepared from milk by adding sugar, colourings, and flavouring agents. It has the same nutritional value but longer shelf-life than traditional milk as it is sold after pasteurisation using the ultra-high-temperature (UHT) therapy. Commonly available as a refrigerated product, it is enjoyed by both children and adults owing to its great taste, convenient nature, and healthier profile compared to other sweetened drinks.
- One of the key Mexico flavoured milk market trends include the growing demand for healthier alternatives to carbonated beverages and soft drinks. Flavoured milk has much less sugar content compared to these beverages and offers similar nutritional benefits as that of standard milk. Their great taste and convenient nature make them a perfect choice for on-the-go consumption, especially for people following a healthier lifestyle.
- The highly competitive beverages industry demands manufacturers to continuously innovate their products and offer diverse choices to customers, keeping up with the evolving trends. They are experimenting with diverse ingredients to provide a range of options like organic flavoured milk and fat-free varieties, further making it available in flavours like cherry banana, raspberry, pistachio cocos, and many more. They are also focused on improving their packaging to make it more convenient and attractive while meeting the sustainability criteria of eco-conscious customers. This is likely to enhance the Mexico flavoured milk market demand in the coming years.
- The demand for flavoured milk with functional properties and added nutrition is growing as a result of increasing health consciousness globally. The growing preference for fortified food products is leading to the launch of flavoured milk infused with vitamins and minerals to boost the health of consumers.
Market Analysis
Based on flavour type, the market is segmented into chocolate, fruit, vanilla, coffee, and hazelnut, among others. On the basis of packaging, the market can be divided into paper based, plastic based, glass based, and metal based, among others.
The Mexico flavoured milk market segmentation, based on distribution channel, includes hypermarkets and supermarkets, speciality stores, convenience stores, and online, among others. The major regional markets for flavoured milk include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Mexico flavoured milk market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Grupo Lala
- Ganaderos Productores de Leche Pura, S.A.P.I. de C.V (Alpura)
- Sigma Alimentos, S.A de C.V.
- NESTLÉ México, S.A. de C.V.
- Danone de México
- Hershey Mexico S.A. de C.V.
- Others
Market Share by Packaging
As per the Mexico flavoured milk market analysis, the paper-based packaging is widely preferred for milk and milk products. The packaging is done in the form of boxes, cartons, and cups, among others. To achieve improved barrier properties and seal-ability, paper is used in combination with or is impregnated with coatings, foil (aluminium), or plastic materials, according to industry standards.
The dominance of paper-based materials can be attributed to their various benefits like lightweight and convenience offered during storage or consumption, cost-efficiency, and printing benefits that enhance the marketing prospects for consumer goods. Moreover, with the growing focus on sustainable development, the demand for paper-based packaging is likely to increase due to its easy disposability and recyclability.
Market Share by Distribution Channel
The online segment is expected to account for a significant Mexico flavoured milk market share in the forecast period. The change in shopping behaviour of customers has led to an exponential rise in on-demand delivery, with consumers increasingly ordering fresh perishables online for regular consumption. The increasing marketing campaigns by manufacturers, the availability of a range of flavoured milk variants on online platforms, and various discounts offered by online marketplaces and platforms are expected to aid the segment growth.
Competitive Landscape
Grupo Lala, founded in 1949, is a Mexico-based manufacturer of food and beverage products with a special emphasis on the production and innovation of milk and dairy products, along with their marketing. The company currently has around 160 distribution centres in Mexico and has expanded its operations to regions like Brazil and the US.
Ganaderos Productores de Leche Pura, S.A.P.I. de C.V (Alpura), born in 1970, is a dairy product company based in Mexico. In 1982, the company debuted its Flavoured Milk product, packaged in Tetra Pak. Today, the company boasts an extensive portfolio of dairy products ranging from flavoured milk to infant milk and lactose-free yoghurt, developed following the highest quality standards.
Sigma Alimentos, S.A de C.V. is a Mexico-based food processing and distribution firm. With a presence in around 18 countries, the company offers quality food across various categories and different price points. The company is actively engaged in the dairy category and has a solid brand portfolio.
Other Mexico flavoured milk market players include NESTLÉ México, S.A. de C.V., Danone de México, and Hershey Mexico S.A. de C.V.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Flavour Type |
|
| Breakup by Packaging |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
|
| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Flavoured Milk Market Overview
8.1 Key Industry Highlights
8.2 Mexico Flavoured Milk Historical Market (2018-2022)
8.3 Mexico Flavoured Milk Market Forecast (2023-2028)
9 Mexico Flavoured Milk Market Overview
9.1 Key Industry Highlights
9.2 Mexico Flavoured Milk Historical Market (2018-2022)
9.3 Mexico Flavoured Milk Market Forecast (2023-2028)
10 Mexico Flavoured Milk Market by Flavour Type
10.1 Chocolate
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Fruit
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Vanilla
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Coffee
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Hazelnut
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.6 Others
11 Mexico Flavoured Milk Market by Packaging
11.1 Paper Based
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Plastic Based
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Glass Based
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 Metal Based
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Others
12 Mexico Flavoured Milk Market by Distribution Channel
12.1 Hypermarkets and Supermarkets
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Speciality Stores
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Convenience Stores
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Online
12.4.1 Historical Trend (2018-2022)
12.4.2 Forecast Trend (2023-2028)
12.5 Others
13 Mexico Flavoured Milk Market by Region
13.1 Baja California
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 Northern Mexico
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 The Bajío
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 Central Mexico
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Pacific Coast
13.5.1 Historical Trend (2018-2022)
13.5.2 Forecast Trend (2023-2028)
13.6 Yucatan Peninsula
13.6.1 Historical Trend (2018-2022)
13.6.2 Forecast Trend (2023-2028)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Grupo Lala
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Ganaderos Productores de Leche Pura, S.A.P.I. de C.V (Alpura)
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Sigma Alimentos, S.A de C.V.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 NESTLÉ México, S.A. de C.V.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Danone de México
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Hershey Mexico S.A. de C.V.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Mexico Flavoured Milk Market: Key Industry Highlights, 2018 and 2028
2. Mexico Flavoured Milk Historical Market: Breakup by Flavour Type (USD Billion), 2018-2022
3. Mexico Flavoured Milk Market Forecast: Breakup by Flavour Type (USD Billion), 2023-2028
4. Mexico Flavoured Milk Historical Market: Breakup by Packaging (USD Billion), 2018-2022
5. Mexico Flavoured Milk Market Forecast: Breakup by Packaging (USD Billion), 2023-2028
6. Mexico Flavoured Milk Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
7. Mexico Flavoured Milk Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
8. Mexico Flavoured Milk Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Mexico Flavoured Milk Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. Mexico Flavoured Milk Market Structure
Key Questions Answered in the Report
In 2022, the market reached an approximate value of USD 1.63 billion.
The market is estimated to grow at a CAGR of 8.6% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of around USD 2.67 billion by 2028.
The market is being driven by rising demand for convenient and ready-to-drink beverages that are healthier as well, the evolving customer food habits, and the expanding food processing sector.
The key trends aiding the market expansion include the diversification of portfolio by flavoured milk manufacturers, increasing preference for flavoured milk infused with nutrients, and increasing online sales.
The major regions in the market are Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The major distribution channels for the product are hypermarkets and supermarkets, speciality stores, convenience stores, and online, among others.
The major players in the market are Grupo Lala, Ganaderos Productores de Leche Pura, S.A.P.I. de C.V (Alpura), Sigma Alimentos, S.A de C.V., NESTLÉ México, S.A. de C.V., Danone de México, and Hershey Mexico S.A. de C.V., among others.
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