Category: Butter
Butter market research reports by Euromonitor International
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Butter and Spreads in North Macedonia
Butter and Spreads in North Macedonia The butter and spreads category is seeing marginal volume decline in 2023 as inflationary pressures continue to take its toll. While margarine and spreads continues to decline in retail volume terms, butter is growing moderately despite the shrinking consumer ba ... Read More
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Butter and Spreads in Kenya
Butter and Spreads in Kenya Butter and spreads is expected to register double-digit current value growth, though volumes sales are expected to fall. While the economic outlook is improving, inflation still remains high and this is expected to dampen volume sales. In addition, the Kenyan shilling is ... Read More
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Butter and Spreads in Switzerland
Butter and Spreads in Switzerland Butter and spreads posted a slight decline in 2023, with health and wellness trends continuing to negatively impact the performance, with the strong competition from healthier variants like olive oil dampening sales. Swiss consumers are increasingly limiting their b ... Read More
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Butter and Spreads in Uruguay
Butter and Spreads in Uruguay Butter and spreads registered a modest increase in retail volume terms in 2022 and a similar performance is expected in 2023. As a mature category, there is little room for growth in butter and spreads. However, the category experienced high demand during the COVID-19 p ... Read More
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Dairy Products and Alternatives in Jordan
Dairy Products and Alternatives in Jordan Dairy products continues to perform well in 2023 due to the pandemic coming to an end. Likewise, the return of tourists, more women in the workforce, and the expansion of chained supermarkets and hypermarkets will continue to drive growth. However, in 2023, ... Read More
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Dairy Products and Alternatives in Lithuania
Dairy Products and Alternatives in Lithuania Negative overall retail volume growth was recorded across dairy products and alternatives in 2023 as the industry saw falling demand as a result of high inflation and significant unit price increases at a time of significant increases being seen in the co ... Read More
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Butter and Spreads in Slovakia
Butter and Spreads in Slovakia Retail volume sales of butter began to recover in 2023, following a steep decline in the previous year. The latter was due mainly to rising raw milk and energy prices, which had an impact on production costs, and ultimately, unit prices With high inflation driving up t ... Read More
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Dairy Products and Alternatives in Kazakhstan
Dairy Products and Alternatives in Kazakhstan Kazakhstan has strong trade links with Russia in particular and its war in Ukraine is negatively impacting the economy and leading to high inflation. While skyrocketing international oil and gas prices boosted the local economy, its usual outflow to the ... Read More
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Dairy Products and Alternatives in Iraq
Dairy Products and Alternatives in Iraq 2023 saw dairy plagued by supply chain issues and low consumer confidence. The government responded with attempts to improve the stability of the Iraqi dinar and policies to promote local production as foreign brands tend to offer basic products made from powd ... Read More
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Dairy Products and Alternatives in El Salvador
Dairy Products and Alternatives in El Salvador Sales of dairy products and alternatives achieved only moderate growth in 2023. However, the market was affected by inflationary pressures, particularly in the prices of imported products such as milk formula, a category that is solely dependent on impo ... Read More
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Butter and Spreads in Serbia
Butter and Spreads in Serbia In 2023, butter and spreads continue to register strong current value growth, but minimal volume growth. High inflation, amid the ongoing war in Ukraine, is dampening retail volume sales. The slight volume growth is driven mainly by butter, which is outperforming margari ... Read More
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Butter and Spreads in Tunisia
Butter and Spreads in Tunisia 2022 was a challenging year for butter in Tunisia, with a critical volume decline of over 30% due to the continuous shortage of butter caused by the lack of milk production by farmers. Low levels of milk production was caused by a range of factors, including poor weathe ... Read More
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Butter and Spreads in Romania
Butter and Spreads in Romania Value growth in butter and spreads is being supported by high unit prices, while volume remains in a decline. These factors are in direct correlation, as the skyrocketing prices, driven by inflationary pressures and increases in costs, mean price-sensitive consumers are ... Read More
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Dairy Products and Alternatives in Kuwait
Dairy Products and Alternatives in Kuwait In 2023, dairy consumption remains high despite the many negative factors that are currently impacting the industry, such as inflation and Kuwaitisation, which has resulted in decreased population. Nonetheless, due to the industry’s essential nature, it cont ... Read More
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Dairy Products and Alternatives in Laos
Dairy Products and Alternatives in Laos Dairy products is performing well in Laos in 2023, benefiting from its reputation being a key source of nutrition and the status of baby food as essential for all households with babies and infants. However, the industry is facing some challenges in terms of l ... Read More
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Butter and Spreads in Lithuania
Butter and Spreads in Lithuania Butter recorded positive retail volume growth in Lithuania during 2023 after retail volume sales in the category fell over the course of 2022 in the face of high average unit price growth. However, falling unit prices in 2023 did mean negative value growth in butter o ... Read More
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Butter and Spreads in Ecuador
Butter and Spreads in Ecuador Butter consumption in Ecuador is relatively low compared to other countries in the region. This is due in part to the availability of cheaper alternatives such as margarine, which are more commonly used for both cooking and baking. Margarine has a wide penetration throu ... Read More
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Dairy Products and Alternatives in Taiwan
Dairy Products and Alternatives in Taiwan 2023 marks a significant change in consumer behaviour and preferences within dairy products and alternatives, driven by the gradual easing of the pandemic's impact and evolving lifestyle changes. As consumers regain confidence and return to their pre-pandemi ... Read More
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Butter and Spreads in Kazakhstan
Butter and Spreads in Kazakhstan Butter and spreads is expected to register double-digit current value growth, but much more muted volume growth. Kazakhstan has strong trade links with Russia in particular and its war in Ukraine is negatively impacting the Kazak economy and leading to high inflation ... Read More
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Butter and Spreads in Sweden
Butter and Spreads in Sweden As Swedes spent more time outside homes and ate out more, the elevated need for butter and spreads, as witnessed during the pandemic, was normalised. Nonetheless, while the demand declined, the unit prices increased due to inflation and growing production and transportat ... Read More
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Dairy Products and Alternatives in Ghana
Dairy Products and Alternatives in Ghana Demand for dairy is growing among low socioeconomic groups thanks to its healthy image, despite the rising cost of living. Independent small grocers continue to characterise the distribution of dairy as modern retailing remains in its infancy, especially in u ... Read More
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Dairy Products and Alternatives in Ecuador
Dairy Products and Alternatives in Ecuador Dairy products has been negatively impacted by the recent social problems that the country has endured. In mid-2022, an 18-day national strike greatly complicated the logistics chain. As milk is a perishable item, much of the industry’s raw material was was ... Read More
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Dairy Products and Alternatives in Bangladesh
Dairy Products and Alternatives in Bangladesh In 2023, the dairy industry has recovered from the COVID-19 pandemic, however, now new challenges are being seen due to international inflation due to the rapidly increasing oil and fuel prices. This is resulting in lower-income consumers to economise an ... Read More
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Butter and Spreads in Taiwan
Butter and Spreads in Taiwan In March 2022, as pandemic restrictions gradually eased, a coexistence with the virus emerged. Consequently, the number of confirmed cases began to peak, reaching new daily highs. During the initial two quarters of 2022, most consumers stayed home to prevent catching or ... Read More
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Dairy Products and Alternatives in Lebanon
Dairy Products and Alternatives in Lebanon Dairy has remained resilient despite Lebanon’s economic crisis, a reflection of its status as the backbone of Lebanon’s agriculture sector. In some regions, dairy production accounts for 60% of all economic activity and this has spurred international donors ... Read More
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