Category: Butter
Butter market research reports by Euromonitor International
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Dairy Products and Alternatives in Panama
Dairy Products and Alternatives in Panama High inflation led to significant unit price rises in dairy products and alternatives during 2023 putting pressure on household incomes. This in turn forced consumers to adopt a more conservative approach to their spending. Manufacturers were also challenged ... Read More
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Dairy Products and Alternatives in Bolivia
Dairy Products and Alternatives in Bolivia Bolivia has managed to protect itself to a large extent from inflation by continuing to have a fixed exchange rate against the dollar. Besides the fixed exchange rate, Bolivia’s subsidies for key products have also helped keep inflation low. However, there ... Read More
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Dairy Products and Alternatives in Egypt
Dairy Products and Alternatives in Egypt Dairy products and alternatives is witnessing an increase in current retail volume in 2023, despite a significant rise in current retail value terms due to price increases. Prices have risen more than 60% in 2023, following several waves of increase during 20 ... Read More
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Dairy Products and Alternatives in Guatemala
Dairy Products and Alternatives in Guatemala Dairy products and alternative is expected to register current value and volume growth, though inflation continues to hit companies’ profitability, with constant value sales expected to fall. Euromonitor International's Dairy Products and Alternatives in ... Read More
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Dairy Products and Alternatives in Greece
Dairy Products and Alternatives in Greece Increasing product costs, rising energy prices, and inflation led to price rises across all dairy products in Greece. This has impacted consumer behaviour, hindered volume demand and limited purchases in line with reduced disposable incomes. There has been a ... Read More
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Dairy Products and Alternatives in Israel
Dairy Products and Alternatives in Israel Increases in the prices of supervised and non-supervised dairy products in 2022 and 2023 have had a strong impact on categories. Higher prices have constrained retail volume growth potential amid high inflation and the rising cost of living in Israel, while ... Read More
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Butter and Spreads in Malaysia
Butter and Spreads in Malaysia During much of 2020 and 2021 consumers found themselves confined to their homes due to the government’s measures to stem the tide of the Coronavirus (COVID-19) pandemic. This encouraged them to take up cooking and baking as a hobby. This trend had a particularly positi ... Read More
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Butter and Spreads in the Philippines
Butter and Spreads in the Philippines Butter and spreads saw accelerated growth in retail volume terms in 2023, thanks to the continuation of the home cooking and baking boom, which took off during the pandemic and which showed no signs of abating, despite that fact that consumers spent more time ou ... Read More
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Butter and Spreads in Georgia
Butter and Spreads in Georgia Butter expected to register healthy current value growth, but minimal volume growth. Continuing economic uncertainty as a result of Russia’s invasion of Ukraine and high inflation is continuing to have an effect and consumers are expected to be highly price sensitive an ... Read More
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Dairy Products and Alternatives in the Philippines
Dairy Products and Alternatives in the Philippines Retail sales of dairy products and alternatives recorded slightly accelerated growth in volume terms in 2023, when compared to the previous year. This was partly due to easing inflationary pressures, as energy and food prices posted lower increases, ... Read More
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Butter and Spreads in Cameroon
Butter and Spreads in Cameroon For several decades, palm oil and vegetable oil have held their position as the primary choice for edible oil in Cameroonian cuisine and it is unlikely to change unless a remarkable transformation takes place. The dominance of these two oils has effectively marginalise ... Read More
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Butter and Spreads in Dominican Republic
Butter and Spreads in Dominican Republic Butter and spreads is expected to register moderate current value growth and marginal retail volume growth, as inflation still bites. Consumers are expected to continue to be highly price sensitive and prioritise value for money, but at the same time players ... Read More
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Butter and Spreads in Latvia
Butter and Spreads in Latvia Retail volume sales of butter and spreads are expected to decrease during 2023, reflecting the declining population and the general trend of consuming less bread. Despite its declining average unit price, retail volume sales of the largest category, butter, recorded a sl ... Read More
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Butter and Spreads in Spain
Butter and Spreads in Spain Butter and spreads witnessed among the highest unit price growth in dairy in 2022 resulting in the category seeing double-digit growth in current value terms. However, sales plummeted in retail volume terms in 2022, even more significantly than in the previous year when t ... Read More
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Butter and Spreads in Egypt
Butter and Spreads in Egypt Butter and spreads is set to witness a decline in retail volume sales during 2023, with a huge increase in price points leading to double-digit results for current retail value growth. These price increases were due to butter being imported from countries such as New Zeal ... Read More
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Butter and Spreads in Bosnia and Herzegovina
Butter and Spreads in Bosnia and Herzegovina Butter and spreads generated robust growth in current value terms during 2023, despite falling demand as unit prices remained high. Butter is increasingly popular in Bosnia and Herzegovina, where it is seen as a healthier alternative to margarine. Consequ ... Read More
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Butter and Spreads in Saudi Arabia
Butter and Spreads in Saudi Arabia The butter market was significantly impacted by the war following the Russian invasion of Ukraine in 2022. The conflict led to a significant increase in prices due to the shortage of supplies and labour, and logistics challenges. All these factors impacted the manu ... Read More
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Dairy Products and Alternatives in Germany
Dairy Products and Alternatives in Germany Dairy products and alternatives in Germany is a significant and dynamic space that has experienced various shifts and transformations in recent years. While traditional dairy products continue to dominate the local market, there has been a notable rise in t ... Read More
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Dairy Products and Alternatives in Italy
Dairy Products and Alternatives in Italy In 2022 and early 2023, dairy in Italy was particularly affected by price increases due to inflation. This has seen a drop in consumption in some categories, such as butter and spreads. This situation was aggravated by lower milk production in Italy, which ne ... Read More
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Dairy Products and Alternatives in Malaysia
Dairy Products and Alternatives in Malaysia Baby food continues to be adversely affected by falling birth rates, economic difficulties, breastfeeding and home-cooked alternatives and variances in distribution. Dried and prepared baby food can be easily replaced by home-cooked food, while rising unit ... Read More
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Dairy Products and Alternatives in Cameroon
Dairy Products and Alternatives in Cameroon According to the National Institute of Statistics, the general price increase of dairy products such as milk, cheese, and eggs reached 10.7% in 2022 and is expected to remain in the double digits by the end of the 2023 fiscal year. This increase is primari ... Read More
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Dairy Products and Alternatives in Latvia
Dairy Products and Alternatives in Latvia A sharp rise in price inflation as a result of the pandemic and the war in Ukraine led to higher costs in energy, logistics, animal feed and key food ingredients in 2022, which translated into significant price increases for dairy and alternatives. After pea ... Read More
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Butter and Spreads in the United Kingdom
Butter and Spreads in the United Kingdom Butter and spreads continues to face substantial challenges in 2023 as the supply chain remains unstable, milk prices fluctuate, and labour remains an issue. Indeed, as feed and fertiliser prices that plateaued in September 2022 remain extremely high, milk pr ... Read More
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Butter and Spreads in Portugal
Butter and Spreads in Portugal Retail volume sales of butter and spreads remained static in 2023. Demand for such products experienced an upturn during the pandemic, when people spent more time cooking and baking at home. Butter and spreads are particularly likely to be used at breakfast (usually as ... Read More
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Butter and Spreads in Hungary
Butter and Spreads in Hungary The increased price of baked goods and pastries, combined with the popularity of chef shows on TV and social media, has driven the popularity of baking at home. This is increasing retail volume sales of margarine and the moderate retail volume decrease of butter. The hy ... Read More
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