South & Central America Dairy Flavors Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Flavor Profile (Cheese, Butter, Cream, and Others), Form (Liquid, Powder, and Paste), Category (Artificial and Natural), Nature (Dairy-based and Dairy-free), and Application (Bakery and Confectionery; Dairy and Frozen Desserts; Soups and Sauces; Dressings, Dips, and Spreads; Beverages; and Others)
The South & Central America dairy flavors market is expected to grow from US$ 153.81 million in 2022 to US$ 201.24 million by 2028. It is estimated to grow at a CAGR of 4.6% from 2022 to 2028.
Enzyme-Modified Dairy Flavors will be Driving South & Central America Dairy Flavors Market
Enzyme-modified dairy flavors are extracted by treating the milk proteins and lipids with enzymes under controlled temperature and pressure conditions. Enzymes such as lipases and proteinases are used in the enzyme modification process. Dairy flavors manufactured using the enzyme modification process have a stronger flavor than those manufactured using traditional processes. The enzyme modification process also reduces the overall time required for manufacturing the dairy flavors. For instance, traditional cheese manufacturing requires around 1–2 years, whereas enzyme-modified cheese can be manufactured in 3–4 days which is used to manufacture cheese flavors. Enzyme-modified dairy flavors offer an authentic and rich flavor to the food and beverages, including bakery products, sweet and savory snacks, dairy-based beverages, frozen desserts, soups, and sauces. They also impart consistent flavor, reduce overall fat content, and save production costs and overheads. The rising demand for enzyme-modified dairy flavors for manufacturing various foods and beverages is driving the growth of dairy flavors market.
South & Central America Dairy Flavors Market Overview
The market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Centra America. The continuous developments have positively impacted Brazil and Argentina's economy, which has advanced to a large extent. Dairy flavor is one of the latest food ingredients gaining popularity in South and America market. Growing expenditure on nutritious and tasty food products, increasing disposable income, and rising consumer inclination toward new and improved product offerings are among the key factors driving the SAM dairy flavors market in South America. Moreover, the strong presence of leading players such as Dairy Chem, The Edlong Corporation, and Kerry Group in South & Central America is positively impacting the dairy flavor market growth. The growth of the dairy flavor market in Brazil and Argentina is mainly attributed to the changing lifestyles and the rising preference for functional dairy products. Social media greatly impacts consumer buying behavior in Brazil and Argentina, which further propels the dairy flavor market. The dairy flavor market in South & Central America is relatively small; however, it is growing positively as the consumer base in the region seems to connect well with the dairy flavor concept. In addition, most of the diverse indigenous populations in the region still prefer taste over nutrition; hence, they look for different types of dairy flavors available in the market.
South & Central America Dairy Flavors Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Dairy Flavors Market Segmentation
The South & Central America dairy flavors market is segmented into flavor profile, category, form, nature, application, and country.
Based on flavor profile, the South & Central America dairy flavors market is segmented into cheese, butter, cream, and others. In 2022, the cheese segment registered a largest share in the South & Central America dairy flavors market.
Based on form, the South & Central America dairy flavors market is segmented into liquid, powder, and paste. In 2022, the liquid segment registered a largest share in the South & Central America dairy flavors market.
Based on nature, the South & Central America dairy flavors market is bifurcated into dairy-based and dairy-free. In 2022, the dairy-based segment registered a larger share in the South & Central America dairy flavors market.
Based on category, the South & Central America dairy flavors market is bifurcated into artificial and natural. In 2022, the natural segment registered a larger share in the South & Central America dairy flavors market.
Based on application, the South & Central America dairy flavors market is segmented into bakery and confectionery; dairy and frozen desserts; soups and sauces; dressings, dips, and spreads; beverages; and others. In 2022, the bakery and confectionery segment registered a largest share in the South & Central America dairy flavors market
Based on country, the South & Central America dairy flavors market is segmented into Brazil, Argentina, and the Rest of South & Central America. In 2022, the Rest of South & Central America segment registered a largest share in the South & Central America dairy flavors market.
Givaudan S.A.; Kerry Group; Sensient Technologies Corporation; Symrise; Synergy Flavors; and The Edlong Corporation are the leading companies operating in the South & Central America dairy flavors market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. SAM Dairy Flavors Market Overview
4.1 Market Overview
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Intensity of Competitive Rivalry
4.1.5 Threat of Substitutes
4.2 Value Chain Analysis
4.2.1 Raw Material
4.2.2 Manufacturing/Processing
4.2.3 Packaging
4.3 Expert Opinion
5. SAM Dairy Flavors Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Wide Scope of Application
5.2 Market Restraints
5.2.1 Side Effects of Added Flavors
5.3 Market Opportunities
5.3.1 Surging Popularity of Clean Label and Organic Food Products
5.4 Future Trends
5.4.1 Enzyme-Modified Dairy Flavors
5.5 Impact Analysis of Drivers and Restraints
6. Dairy Flavors – SAM Market Analysis
6.1 SAM Dairy Flavors Market –Revenue and Forecast to 2028 (US$ Million)
7. SAM Dairy Flavors Market Analysis – By Flavor Profile
7.1 Overview
7.2 SAM Dairy Flavors Market, By Flavor Profile (2021 and 2028)
7.3 Cheese
7.3.1 Overview
7.3.2 Cheese: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Butter
7.4.1 Overview
7.4.2 Butter: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Cream:
7.5.1 Overview
7.5.2 Cream: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: SAM Dairy Flavors Market– Revenue and Forecast to 2028 (US$ Million)
8. SAM Dairy Flavors Market Analysis – By Form
8.1 Overview
8.2 SAM Dairy Flavors Market, By Form (2021 and 2028)
8.3 Liquid
8.3.1 Overview
8.3.2 Liquid: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Powder
8.4.1 Overview
8.4.2 Powder: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Paste:
8.5.1 Overview
8.5.2 Paste: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Dairy Flavors Market Analysis – By Category
9.1 Overview
9.2 SAM Dairy Flavors Market, By Category (2021 and 2028)
9.3 Artificial
9.3.1 Overview
9.3.2 Artificial: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Natural
9.4.1 Overview
9.4.2 Natural: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
10. SAM Dairy Flavors Market Analysis – By Nature
10.1 Overview
10.2 SAM Dairy Flavors Market, By Nature (2021 and 2028)
10.3 Dairy-based
10.3.1 Overview
10.3.2 Dairy-based: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Dairy-free
10.4.1 Overview
10.4.2 Dairy-free: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
11. SAM Dairy Flavors Market Analysis – By Application
11.1 Overview
11.2 SAM Dairy Flavors Market, By Application (2021 and 2028)
11.3 Bakery and Confectionery
11.3.1 Overview
11.3.2 Bakery and Confectionery: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
11.4 Dairy and Frozen Dessert
11.4.1 Overview
11.4.2 Dairy and Frozen Dessert: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
11.5 Soups and Sauces
11.5.1 Overview
11.5.2 Soups and Sauces: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
11.6 Dressings, Dips and Spreads
11.6.1 Overview
11.6.2 Dressings, Dips and Spreads: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
11.7 Beverages
11.7.1 Overview
11.7.2 Beverages: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
11.8 Others
11.8.1 Overview
11.8.2 Others: SAM Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
12. SAM Dairy Flavors Market – Country Analysis
12.1 Overview
12.1.1 South & Central America: Dairy Flavor Profiles Market, by Key Country
12.1.1.1 Brazil: Dairy Flavor Profiles Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.1.1 Brazil: Dairy Flavor Profiles Market, By Flavor Profile
12.1.1.1.2 Brazil: Dairy Flavor Profiles Market, by Form
12.1.1.1.3 Brazil: Dairy Flavor Profiles Market, By Category
12.1.1.1.4 Brazil: Dairy Flavor Profiles Market, by Nature
12.1.1.1.5 Brazil: Dairy Flavor Profiles Market, by Application
12.1.1.2 Argentina: Dairy Flavor Profiles Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.2.1 Argentina: Dairy Flavor Profiles Market, By Flavor Profile
12.1.1.2.2 Argentina: Dairy Flavor Profiles Market, by Form
12.1.1.2.3 Argentina: Dairy Flavor Profiles Market, By Category
12.1.1.2.4 Argentina: Dairy Flavor Profiles Market, by Nature
12.1.1.2.5 Argentina: Dairy Flavor Profiles Market, by Application
12.1.1.3 Rest of South & Central America: Dairy Flavor Profiles Market – Revenue and Forecast to 2028 (US$ Million)
12.1.1.3.1 Rest of South & Central America: Dairy Flavor Profiles Market, By Flavor Profile
12.1.1.3.2 Rest of South & Central America: Dairy Flavor Profiles Market, by Form
12.1.1.3.3 Rest of South & Central America: Dairy Flavor Profiles Market, By Category
12.1.1.3.4 Rest of South & Central America: Dairy Flavor Profiles Market, by Nature
12.1.1.3.5 Rest of South & Central America: Dairy Flavor Profiles Market, by Application
13. Industry Landscape
13.1 Overview
13.2 Product launch
14. Company Profiles
14.1 The Edlong Corporation
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Givaudan S.A.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Kerry Group
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Sensient Technologies Corporation
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Symrise
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Synergy Flavors
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. SAM Dairy Flavors Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Dairy Flavor Profiles Market, By Flavor Profile – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Dairy Flavor Profiles Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil Dairy Flavor Profiles Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil Dairy Flavor Profiles Market, by Nature – Revenue and Forecast to 2028 (US$ Million)
Table 6. Brazil Dairy Flavor Profiles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina Dairy Flavor Profiles Market, By Flavor Profile – Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina Dairy Flavor Profiles Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 9. Argentina Dairy Flavor Profiles Market, By Category – Revenue and Forecast to 2028 (US$ Million)
Table 10. Argentina Dairy Flavor Profiles Market, by Nature – Revenue and Forecast to 2028 (US$ Million)
Table 11. Argentina Dairy Flavor Profiles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of South & Central America Dairy Flavor Profiles Market, By Flavor Profile – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of South & Central America Dairy Flavor Profiles Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of South & Central America Dairy Flavor Profiles Market, By category – Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of South & Central America Dairy Flavor Profiles Market, by Nature – Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of South & Central America Dairy Flavor Profiles Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Dairy Flavors Market Segmentation
Figure 2. SAM Dairy Flavors Market Segmentation – By Country
Figure 3. SAM Dairy Flavors Market Overview
Figure 4. SAM Dairy Flavors Market: By Flavor Profile
Figure 5. SAM Dairy Flavors Market: By Country
Figure 6. Porter's Five Forces Analysis: SAM Dairy Flavors Market
Figure 7. Value Chain: Cheese Flavor
Figure 8. Expert Opinion
Figure 9. SAM Dairy Flavors Market Impact Analysis of Drivers and Restraints
Figure 10. SAM: Dairy Flavors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. SAM Dairy Flavors Market Revenue Share, By Flavor Profile (2021 and 2028)
Figure 12. Cheese: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Butter: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Cream: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Others: SAM Dairy Flavors Market– Revenue and Forecast To 2028 (US$ Million)
Figure 16. SAM Dairy Flavors Market Revenue Share, By Form (2021 and 2028)
Figure 17. Liquid: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Powder: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Cream: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. SAM Dairy Flavors Market Revenue Share, By Category (2021 and 2028)
Figure 21. Artificial: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Natural: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. SAM Dairy Flavors Market Revenue Share, By Nature (2021 and 2028)
Figure 24. Dairy-based: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Dairy-free: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. SAM Dairy Flavors Market Revenue Share, By Application (2021 and 2028)
Figure 27. Bakery and Confectionery: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 28. Dairy and Frozen Dessert: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 29. Soups and Sauces: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 30. Dressings, Dips, and Spreads: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 31. Beverages: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 32. Others: SAM Dairy Flavors Market – Revenue and Forecast To 2028 (US$ Million)
Figure 33. South & Central America: Dairy Flavor Profiles Market, by Key Country - Revenue (2021) (US$ Million)
Figure 34. South & Central America: Dairy Flavor Profiles Market Revenue Share, by Key Country (2021 and 2028)
Figure 35. Brazil: Dairy Flavor Profiles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Argentina: Dairy Flavor Profiles Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Rest of South & Central America: Dairy Flavor Profiles Market – Revenue and Forecast to 2028 (US$ Million)
- Givaudan S.A.
- Kerry Group
- Sensient Technologies Corporation
- Symrise
- Synergy Flavors
- The Edlong Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America dairy flavors market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South & Central America dairy flavors market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the dairy flavors market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution