Category: Beverages
Beverages market research reports by Euromonitor International
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Tunisia Drinking Milk Products
Drinking Milk Products in Tunisia Domestic company Société Tunisienne des Industries Alimentaires STIAL continues to dominate sales of flavoured milk drinks in Tunisia in 2024 with it reporting a further increase in its value share. The company offers Tunisian consumers four different brands to choo ... Read More
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Tunisia Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Tunisia Flavoured yoghurt has been the most dynamic category in retail volume terms in 2024. The category is benefiting from its popularity among all Tunisian consumers across all income groups, with products offered at competitive prices and featuring a diverse ran ... Read More
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Evaluating M&A in 2024: A Pivot to Asia
Evaluating M&A in 2024: A Pivot to Asia M&A activity in consumer health in 2023 sunk further behind the industry’s historic pace, reflecting tepid consumer demand amid persistent macroeconomic headwinds. Underlying this pattern, however, was the emergence of a new centre of M&A, with Asian-based acq ... Read More
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South Korea HW Soft Drinks
HW Soft Drinks in South Korea South Korean consumers have become more conscious of the overprocessed nature of many of the soft drinks available in the market, and the need for healthy hydration. This led to growth for natural soft drinks from an already significant base in 2023, with a 7% increase ... Read More
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South Korea HW Dairy Products and Alternatives
HW Dairy Products and Alternatives in South Korea While fat has long been a common ingredient limited by producers in dairy products and alternatives in South Korea (e.g., semi-skimmed and fat-free milk), protein is emerging as a new mainstay added ingredient. Recognised for its essential role in th ... Read More
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South Korea Health and Wellness
Health and Wellness in South Korea The health and wellness industry continues to gain greater significance overall, particularly in the wake of the pandemic, as consumers have become more cognisant of the negative impact of processed food and a range of drinks on their health and wellbeing. The viru ... Read More
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South Korea HW Hot Drinks
HW Hot Drinks in South Korea The health and wellness trend is prominent within hot drinks, with many consumers wanting to prevent medical issues by drinking “better”. Many health and wellness attributes have seen an increase in consumption as a result. The “healthy pleasure” trend in South Korea mea ... Read More
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Pakistan Drinking Milk Products
Drinking Milk Products in Pakistan In 2024, Olper’s has solidified its position as a leader in drinking milk products in Pakistan. The brand's extensive distribution network, consistent product quality, and innovative marketing strategies have been instrumental in its ascendance to the top. Olper’s ... Read More
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Taiwan Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Taiwan As more consumers return to convenience stores, the demand for bulk purchases at supermarkets and hypermarkets has dropped, with consumers returning to buying yoghurt in smaller packaging. This trend is impacting demand for drinking yoghurt in particular. As ... Read More
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Pakistan Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Pakistan In 2024, there is a noticeable shift amongst Pakistani consumers from traditional home-made yoghurt to packaged yoghurt products. This change is primarily driven by the convenience, consistent quality, and extended shelf life that packaged yoghurts offer, m ... Read More
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Taiwan Drinking Milk Products
Drinking Milk Products in Taiwan With the pandemic over consumers have been returning to convenience stores to buy fresh milk with there being no need for bulk purchases at supermarkets or hypermarkets anymore. Consumers have been shifting back to their pre-pandemic preference for smaller pack sizes ... Read More
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Turkey Drinking Milk Products
Drinking Milk Products in Turkey After two consecutive years of negative retail volume growth, drinking milk products in Turkey is projected to see a strong rebound in demand in 2024. While still fast, the rise in the average retail current unit price is slowing in the final year of the review perio ... Read More
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World Market for Health and Wellness
World Market for Health and Wellness Health and wellness sales witnessed another strong growth performance in 2023; with consumers increasingly viewing food and drinks as a long-term investment into health. Dietary and free from labels are a clear direction of travel, promising not only harmless pro ... Read More
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Turkey Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Turkey Within yoghurt and sour milk products in Turkey, plain yoghurt is the best seller in retail volume and value terms. Plain yoghurt is often considered a healthier option due to its minimal processing and absence of added sugars, artificial sweeteners and flavo ... Read More
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Lithuania Drinking Milk Products
Drinking Milk Products in Lithuania Drinking milk products in Lithuania is anticipated to experience a fairly flat performance in retail volume terms in 2024, reflecting the market's high level of saturation and limited growth opportunities across most segments. Despite recent economic pressures, in ... Read More
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Ireland Drinking Milk Products
Drinking Milk Products in Ireland Drinking milk products creeps back into small positive retail volume gains in 2024, thanks to the stabilisation of milk prices which saw significant hikes in 2022 and 2023. Therefore, as prices come down, volume is being supported. Euromonitor International's Drinki ... Read More
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Singapore Drinking Milk Products
Drinking Milk Products in Singapore Fresh milk is generally preferred over shelf stable milk by consumers in Singapore, with higher sales historically. This is set to continue in 2024, with fresh milk expected to account for a 57% share of total volume sales of cow’s milk. However, in retail, the sh ... Read More
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Singapore Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Singapore Volume sales of yoghurt through foodservice are expected to record stable growth in Singapore in 2024, especially plain yoghurt and drinking yoghurt, driven by the rise in dining out occasions and the growth in tourist numbers, which is increasing sales of ... Read More
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Nigeria Drinking Milk Products
Drinking Milk Products in Nigeria In 2024, drinking milk products in Nigeria continue to see a decline in volume sales following a similar trend in 2022 and 2023. The sharp increases in unit prices, driven by the rise in import taxes, cost of raw materials, and the depreciation of the local currency ... Read More
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Poland Plant-Based Dairy
Plant-Based Dairy in Poland Plant-based dairy is seeing healthy retail value and volume growth in Poland in 2024, supported by overarching health and wellness trends, alongside trends relating to environmental sustainability. While plant-based cheese is the best performing category, plant-based milk ... Read More
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North Macedonia Drinking Milk Products
Drinking Milk Products in North Macedonia Drinking milk products in North Macedonia is expected to register healthy current value and also positive volume growth. Value growth is also being driven by increasing segmentation, which is adding value and increasing profit margins. In particular, offerin ... Read More
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Uruguay Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Uruguay In 2024, yoghurt and sour milk products in Uruguay is anticipated to see positive growth in retail volume terms for the second consecutive year. The resolution of conflicts between leading companies and trade unions, which had previously constrained yoghurt ... Read More
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Morocco Plant-Based Dairy
Plant-Based Dairy in Morocco Plant based dairy is set to see dynamic growth in retail volume terms in 2024, albeit from a low base. The category remains relatively undeveloped in Morocco, with offerings mainly limited to soy drinks and other plant-based milks. Soy-based drinks were the first to ente ... Read More
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Morocco Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Morocco The market for yoghurt and sour milk products in Morocco is anticipated to experience minimal growth in retail volume terms in 2024, largely due to challenging economic conditions. Despite a significant recovery from the high inflation of the previous year, ... Read More
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Ireland Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Ireland Yoghurt and sour milk products remains in a small retail volume slump in 2024, albeit with sales improved upon the previous year, and with value sales better supported by high unit prices. Price increases have been driven by inflationary pressures, elevated ... Read More
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