Argentina Yoghurt Market Report and Forecast 2024-2032

Argentina Yoghurt Market Outlook

The Argentina yoghurt market size is projected to expand at a CAGR of 8.30% between 2024 and 2032.

Key Takeaways

• The yoghurt market in Argentina is currently undergoing significant changes, with the introduction of fruit yoghurt, dairy-free yoghurt, and frozen yoghurt, among other varieties.

• With the increasing popularity of vegetarianism and veganism, businesses are producing lactose-free yoghurt to cater to consumers who are lactose intolerant and advocate for animal welfare.

• The increasing number of individuals prioritising their health has led to a growing demand for yoghurt, given its numerous health benefits such as enhancing digestion, boosting natural immunity, and promoting bone health.

Within Latin America, Argentina has the highest rate of yoghurt consumption. The Argentina yoghurt market growth can be attributed to the surging demand for healthy and convenient snacks, the growing popularity of Greek yoghurt, and the increasing awareness of the numerous health advantages associated with yoghurt consumption. The rapid urbanisation in Argentina has resulted in busier lifestyles, leaving individuals with limited time for elaborate meals. As a result, yoghurt has emerged as a convenient and portable choice for those seeking a fast and nutritious snack or breakfast option while on the move.

As per the Argentina yoghurt market analysis, a substantial number of individuals in the country are becoming aware about lactose intolerance and the availability of alternative lactose free diet. This has led to a rise in the consumption of dairy-free alternatives, including vegan yoghurt. Furthermore, due to the growing trend of veganism, there is expected to be a notable increase in the market share of dairy-free yoghurt in the coming years.

The increasing desire for frozen yoghurt is greatly influencing the market dynamics. Frozen yoghurt is becoming more popular as a nutritious dessert choice due to its probiotics and lower fat content in comparison to conventional treats such as ice cream. Moreover, the evolution of self-service yoghurt stores (Froyo shop) in Argentina enables customers to personalise flavours and toppings based on their liking, consequently driving up the Argentina yoghurt market share. Some of the largest chains/ froyo shops in Argentina are BeFruit and Yogurtmania.

Market Segmentation

“Argentina Yoghurt Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Category

• Conventional

• Dairy Free

Market Breakup by Type

• Set Yoghurt

• Greek Yoghurt

• Yoghurt Drink

• Frozen Yoghurt

Market Breakup by Flavour

• Flavoured

• Non-Flavoured

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets

• Convenience Stores

• Speciality Stores

• Online

• Others

Competitive Landscape

The market participants are focusing on launching innovative products, including flavoured and dairy-free offerings, to meet the evolving consumer demands

• Mastellone Hnos SA

• Sucesores De Alfredo Williner SA (Ilolay)

• Danone S.A.

• Garcia Hnos Agroindustrial S.R.L. (TREGAR)

• SAVENCIA SA

• Manfrey

• Others

Key Highlights of the Report