Concentrated sweetened milk and cream market in Brazil

Earlier Report Observations

The market for concentrated sweetened milk and cream in Brazil saw moderate growth from 54 362 tons in 2018 to 55 860 tons in 2019. This increase was driven by the inauguration of a modern production facility by Mococa, which adopted innovative Tetra Pak packaging and expanded production capacity. Product diversification with zero-lactose, light, and diet versions met diverse consumer needs, while the entry of smaller players like Kremon do Brasil, which acquired Bonatta, added dynamism. In 2020, market volume dipped to 53 743 tons, though the COVID-19 pandemic boosted consumer interest in long-shelf-life products.

From 2021, the market recovered, reaching 56 166 tons. Global factors like rising dairy commodity prices and growing demand for reduced-sugar products influenced production. Regulatory focus on product composition by the Ministry of Agriculture required strict control of fat, protein, and sugar levels. In 2022, condensed milk became the third best-selling product in Brazil, highlighting its popularity. Brazilian companies expanded production capacity and invested in technology, leading to a sharp rise in market volume to 65 751 tons in 2022 and 69 810 tons in 2023.

Production concentrated sweetened milk and cream in Brazil

In kind, 2018-2021, t

Brazil ranked 7th globally in the production of concentrated sweetened milk and cream from 2018 to 2021.

Top producers of concentrated sweetened milk and cream, 2018-2021

World map of production of concentrated sweetened milk and cream, 2018-2021

In 2021, Brazil produced 65 247 tonnes of concentrated sweetened milk and cream, showing little change from 2020. Over the period from 2018 to 2021, production grew by 2.1%, averaging 0.7% per year. The largest increase occurred in 2019 at 2.0%, while the biggest decline was in 2020 at 0.3%.

Annual dynamics of production in Brazil in kind, 2018-2021, t

In value, 2018-2021, M $ US

After two years of decline, production of concentrated sweetened milk and cream in Brazil rebounded. In 2021, the output was valued at 108.4 million US dollars, marking a 2.2% increase from 2020. However, from 2018 to 2021, production value fell by 9.5%, with an average annual decrease of 3.3%. The lowest value was recorded in 2020 at 106.1 million US dollars, which also saw the largest decline of 8.1%.

Annual dynamics of production in Brazil in value, 2018-2021, M $ US

Exports concentrated sweetened milk and cream from Brazil

Exports in kind, t

In 2021, Brazil exported 9 081 tonnes of concentrated sweetened milk and cream, a 19.4% drop from the previous year. From 2018 to 2021, exports decreased by 4.8%, averaging a 1.6% annual decline. The peak was in 2020 at 11 267 tonnes, which also experienced the largest increase of 20.9%.

Annual dynamics of product's exports from Brazil in kind, 2018-2021, t

An analysis of export volumes from 2018 to 2021 reveals a wide distribution across numerous markets. Trinidad and Tobago accounted for 18.8% of exports, Chile for 13.9%, and Paraguay for 13.8%, together making up 46.5% of total flows. The remaining 53.5% went to other trading partners.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Brazil in kind, 2018-2021

Exports in value, K $ US

In 2021, Brazil's exports of concentrated sweetened milk and cream were valued at 15 090 thousand US dollars, down 17.9% from 2020. Over the 2018–2021 period, export value fell by 15.6%, with an average annual decrease of 5.5%. The highest value was recorded in 2020 at 18 380 thousand US dollars, which also saw the largest increase of 11.3%.

Annual dynamics of product's exports from Brazil in value, 2018-2021, K $ US

From 2018 to 2021, Brazil supplied concentrated sweetened milk and cream to a diverse range of markets. Even the top destinations—Trinidad and Tobago, Chile, and Angola—combined accounted for only 46.4% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Brazil in value, 2018-2021

Imports concentrated sweetened milk and cream to Brazil

Market data indicates that Brazil did not import any concentrated sweetened milk and cream from 2018 to 2021.