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Report Overview

The Argentina functional food market size is projected to expand at a CAGR of 6.80% between 2025 and 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • There is a notable surge in demand for functional dairy products like yoghurt in Argentina as a healthier alternative to flavoured and sugary dairy beverages. 

  • The rise in veganism and vegetarianism is driving the demand for natural and plant-based functional foods.

  • Companies are responding to consumers’ demands by introducing innovative alternatives to traditional products, meeting their dietary needs and preferences.

Compound Annual Growth Rate

Value in USD Million

6.8%

2025-2034


Argentina Functional Food Market Outlook

*this image is indicative*

Functional foods include specific substances that can potentially improve health or prevent diseases and these additional components may consist of essential nutrients, phytochemicals, dietary fibre, and probiotics. The popularity of functional foods enriched with vital nutrients has been driven by their positive impact on health and to support healthy ageing.

As per the Argentina functional food market analysis, major market players are introducing innovative functional food products to gain a competitive advantage. For instance, in November 2023, Nestlé launched N3 milk, derived from cow's milk, becoming the first of its kind. It contains all the necessary nutrients typically found in milk, including proteins, vitamins, and minerals, and the product is also enriched with prebiotic fibres, has a reduced lactose content, and boasts over 15% fewer calories.

As the shift towards veganism and vegetarianism continues to grow, the demand for plant-based nutrition is expected to rise, consequently driving up the Argentina functional food market share. The natural functional food market is experiencing a significant expansion due to this dietary shift. This surge in demand for plant-based alternatives has prompted companies to develop and offer a wider range of options, replacing traditional animal-based products. In response to this demand, companies are investing in research and development to create innovative plant-based functional foods that mimic the taste, texture, and nutritional profile of animal-based products.

Market Segmentation

"Argentina Functional Food Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Ingredient

  • Minerals
  • Probiotics
  • Vitamins
  • Prebiotics and Dietary Fibre
  • Proteins and Amino Acids
  • Others

Market Breakup by Product

  • Dairy Products
  • Bakery and Cereals
  • Soy Products
  • Fats and Oils
  • Meat, Fish, and Eggs
  • Others

Market Breakup by Application

  • Weight Management
  • Sports Nutrition
  • Cardio Health
  • Clinical Nutrition
  • Others

Market Breakup by Distribution Channel

  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Online Channels
  • Others

Competitive Landscape

The companies are focusing on product diversification to meet the specific dietary requirements of consumers and are increasingly investing in product marketing to expand their consumer base

  • Nestlé SA 
  • Danone S.A. 
  • Unilever plc 
  • Mondelez International Inc.
  • Kellanova
  • Arcor Group
  • Molinos Río de la Plata SA
  • LEDESMA S.A.A.I.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6.80% between 2025 and 2034.

The market is driven by the increasing awareness regarding health and wellness and the rising demand for products fortified with vitamins, minerals, and probiotics from the elderly population in Argentina to support healthy ageing.

The key trends aiding the market expansion include the growing demand for natural and plant-based functional foods and product launches by manufacturers to meet evolving consumer preferences.

The major ingredients are minerals, probiotics, vitamins, prebiotics and dietary fibre, and proteins and amino acids, among others.

The major distribution channels are hypermarkets and supermarkets, convenience stores, online channels, and others.

The key players in the market are Nestlé SA, Danone S.A., Unilever plc, Mondelez International Inc., Kellanova, Arcor Group, Molinos Río de la Plata SA, and LEDESMA S.A.A.I., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Ingredient
  • Product
  • Application
  • Distribution Channel
Breakup by Ingredient
  • Minerals
  • Probiotics
  • Vitamins
  • Prebiotics and Dietary Fibre
  • Proteins and Amino Acids
  • Others
Breakup by Product
  • Dairy Products
  • Bakery and Cereals
  • Soy Products
  • Fats and Oils
  • Meat, Fish, and Eggs
  • Others
Breakup by Application
  • Weight Management
  • Sports Nutrition
  • Cardio Health
  • Clinical Nutrition
  • Others
Breakup by Distribution Channel
  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Online Channels
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Nestlé SA 
  • Danone S.A. 
  • Unilever plc 
  • Mondelez International Inc. 
  • Kellanova 
  • Arcor Group 
  • Molinos Río de la Plata SA 
  • LEDESMA S.A.A.I. 
  • Others

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