Other plant-based milk is expected to see foodservice volume sales increase strongly throughout the forecast period. The launch of several new oat-based products in Argentina from the latter half of 2022 onwards looks set to be a major driver of growth, as oat milk has proven to be a hugely popular complement to coffee in many countries in recent years.
While the outlook for other plant-based milk over the forecast period is bright on the whole, import barriers could hamper the development of the category. Even though many brands are manufactured and/or packaged in Argentina, local producers are heavily reliant on imported raw materials such as almonds from the US or Spain, coconuts from the Philippines etc.
Plant-based yoghurt and plant-based cheese are expected to remain negligible categories in Argentina over the forecast period. While these product types are sold in the country – Felices las Vacas offers plant-based cheese, for example – they are not widely available, and mainly targeted at people with food allergies or other special dietary requirements.
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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 Definitions
This report originates from Passport, our Plant-based Dairy research and analysis database.
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