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South Africa Flavored Milk Market Research Report, 2028

South Africa Flavored Milk Market Research Report, 2028

Actual Market Research 30-05-2023 61 Pages Figures : 5 Tables : 15 Region : MEA Country : South Africa Category : Food & Beverages Beverages

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In a land renowned for its cultural diversity and culinary heritage, the foundation of flavored milk has sparked a delightful revolution. South Africans have always had a fling with milk, embracing its nutritional benefits and rich taste. But now, their taste buds are being tantalized with a burst of exciting flavors that elevate their milk-drinking experience to new heights. This innovative and diverse range of flavored milks has become a sensation, captivating the hearts of South Africans young and old. It is not only just a beverage but also it is an expression of individuality and a celebration of the nation's eclectic tastes. From traditional flavors that honor the country's culinary roots to bold and experimental combinations that push the boundaries of imagination, the South African flavored milk market offers something for every palate. South Africa flavored milk has not only created a buzz among consumers but has also given rise to a wave of local dairy farmers and manufacturers who have embraced this opportunity to showcase their craftsmanship. Through meticulous sourcing of the finest ingredients and a commitment to quality, these artisans have transformed simple milk into a symphony of flavors, handcrafted with passion and expertise. According to the research report "South Africa Flavored Milk Market Research Report, 2028," published by Actual Market Research, The South Africa Flavored Milk Market was valued at above USD 245.51 Million in 2022. South Africa hosts various food and beverage trade shows where flavored milk companies may participate and showcase their products. Africa's Big 7 is an annual event featuring food and beverage products, where flavored milk brands can exhibit their offerings and connect with potential buyers and distributors. Also, SA Cheese Festival which is primarily focused on cheese, this festival also includes dairy products like flavored milk. It provides an opportunity for companies to showcase their flavored milk products to a large audience. Government regulations include Foodstuffs, Cosmetics, and Disinfectants Act (Act 54 of 1972) which provides regulations and standards for food products, including flavored milk. It ensures that food products are safe for consumption and meet quality standards. Also, Flavored milk products must comply with specific labeling requirements, including ingredient declaration, nutritional information, allergen labeling, and other mandatory information. In addition, The South African Bureau of Standards (SABS) establishes and maintains national standards for various products, including flavored milk. Compliance with relevant SANS specifications ensures quality and safety in the production, packaging, and labeling of flavored milk products. Moreover, South Africa introduced a health promotion levy (commonly known as a sugar tax) in 2018. The tax is levied on sugary beverages, including flavored milk products that exceed the set sugar content threshold. The purpose is to discourage the consumption of high-sugar beverages and promote healthier alternatives. Potential players in the dairy-based flavored milk market in South Africa are Clover Industries Ltd.: Clover is a leading dairy company in South Africa known for its wide range of dairy products, including flavored milk. They have a variety of flavored milk offerings, such as chocolate, strawberry, and caramel, under their various brand lines such as Parmalat SA (Lactalis), Woodlands Dairy, Nestle South Africa, Fair Cape Dairies, Döhler South Africa, Lancewood Holdings Ltd. In the growing plant-based flavored milk market in South Africa, there are several potential players that cater to the increasing demand for dairy alternatives. Potential players in the plant-based flavored milk market in South Africa are NutriDay, O’Nest, The Fry Family Food Co, Almond Breeze, Oatly, Rude Health, Alpro. As South Africa continues to urbanize, consumers are adopting busier lifestyles, seeking convenient and on-the-go beverage options. Flavored milk, packaged in convenient formats, serves as a convenient and nutritious beverage choice for urban consumers. South Africa has a well-established dairy industry with a significant number of dairy farms. This provides a reliable supply of milk for the production of flavored milk products. The presence of a robust dairy sector supports the growth and development of the flavored milk market. The introduction of flavored milk in South Africa has become more than just a trend; it's a cultural movement that celebrates the nation's diversity, creativity, and passion for culinary exploration. So, get ready to immerse yourself in a world of flavors, where every sip takes you on a sensory adventure and leaves you longing for the next encounter with South African Flavored Milk. Recent Developments In South Africa, flavored milk is a popular beverage category, and several companies have been active in this market which includes: • Clover, one of the leading dairy companies in South Africa, offers a range of flavored milk products, including chocolate, strawberry, and vanilla flavors. • Nestlé, a multinational food and beverage company, has a presence in South Africa and produces Nespray flavored milk products. These include varieties such as chocolate and strawberry, targeting both children and adults. • Parmalat, another well-known dairy company, has a presence in South Africa and offers flavored milk options under its brand. They have introduced flavors such as chocolate, strawberry, and banana to cater to different consumer preferences. • Woodlands Dairy, a South African dairy company, produces flavored milk under its brand First Choice. They offer a variety of flavors such as chocolate, strawberry, and banana, providing options for consumers seeking flavored milk choices. Considered in this report • Geography: South Africa • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • South Africa flavored milk market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product type • Dairy-based • Plant-based By Capacity • Chocolate • Fruit • Vanilla • Others By Packaging • Plastic Packaging • Paper Based Packaging • Glass Packaging • Metal Packaging By Distribution Channel • Supermarket and Hypermarket • Convenience Stores • Speciality Stores • Online • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to flavored milk industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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