Category: Dairy Products
Dairy Products market research reports by Euromonitor International
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Vietnam Cheese
Cheese in Vietnam Cheese is expected to see current value growth in Vietnam in 2024. Growth is set to occur despite the category being negatively impacted by challenges to import activities at the end of the review period, with most brands in cheese being imported. Importation became more difficult ... Read More
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Saudi Arabia Cheese
Cheese in Saudi Arabia The cheese market in Saudi Arabia is anticipated to see an improved performance in total volume terms in 2024. This positive trend will be supported by easing inflation and a rise in the employment rate, which are expected to boost household spending power. The expanding expat ... Read More
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Saudi Arabia Butter and Spreads
Butter and Spreads in Saudi Arabia The market for butter and spreads is poised for improved performance in 2024, following a dip in retail volume sales in 2022 and 2023. Demand during these years was significantly impacted by substantial price increases, brought about by the war in Ukraine and assoc ... Read More
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Germany HW Dairy Products and Alternatives
HW Dairy Products and Alternatives in Germany Protein-enriched products have become increasingly popular in Germany due to the growing interest in healthy eating and fitness. These products provide a convenient and appetising way for people to consume greater protein content, which is considered imp ... Read More
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Vietnam Plant-Based Dairy
Plant-Based Dairy in Vietnam Plant-based dairy is set to see sales fall in current value terms in Vietnam in 2024. Soy drinks is a relatively mature segment in the Vietnamese market, with most Vietnamese consumers aware of such products and a high level of household penetration. The distribution of ... Read More
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Saudi Arabia Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Saudi Arabia The market for yoghurt and sour milk products in Saudi Arabia is set to experience robust growth in total volume terms in 2024, driven primarily by the integral role that these products play in the diets of many consumers. Demand experiences a significa ... Read More
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Saudi Arabia Plant-Based Dairy
Plant-Based Dairy in Saudi Arabia Plant-based dairy is steadily gaining traction in Saudi Arabia, although it remains a relatively small segment of the market. This growth is driven by heightened environmental and animal welfare concerns, as well as the broader health and wellness trend. Health-cons ... Read More
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Mexico HW Dairy Products and Alternatives
HW Dairy Products and Alternatives in Mexico Consumers in Mexico increasingly seek nutritional benefits from their food and beverage products, with added benefits including high fibre, protein, probiotics, vitamins and minerals gaining ground. This was further boosted by the outbreak of COVID-19 in ... Read More
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Vietnam Butter and Spreads
Butter and Spreads in Vietnam Butter and spreads is set to see current value growth in Vietnam in 2024. The popularity of margarine and spreads is underpinned by its versatility for baking and cooking, alongside affordability considerations. In general, Vietnamese consumers use margarine and spreads ... Read More
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Vietnam Other Dairy
Other Dairy in Vietnam Other dairy is set to see current value growth in Vietnam in 2024. Condensed milk is seeing a growing range of innovation as players seek to achieve better engagement with consumers. Flavoured condensed milk has been introduced to the market for the first time, including Ong T ... Read More
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Saudi Arabia Other Dairy
Other Dairy in Saudi Arabia The market for dairy products in Saudi Arabia is expected to experience accelerated growth in total volume terms in 2024, following a lacklustre performance the previous year. This will be driven primarily by an increasing consumer interest in cream, which is a key ingred ... Read More
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Vietnam Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Vietnam Yoghurt and sour milk products is set to see strong current value growth in Vietnam in 2024. Vietnam Dairy Products JSC (Vinamilk) is set to remain the leading player in the category. Vinamilk’s strong portfolio covers all segments, from products for childre ... Read More
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Vietnam Dairy Products and Alternatives
Dairy Products and Alternatives in Vietnam Dairy products and alternatives sales are set to grow in both volume and value terms in Vietnam in 2024. However, demand has been negatively impacted by the challenging economic conditions prevailing in the country. Waning consumer purchasing power has led ... Read More
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The US Other Dairy
Other Dairy in the US The dramatic rises in packaged food prices seen in the US in 2022 continued into 2023 for some categories, with much of other dairy included, with price growth set to continue, although at a slower rate, in 2024. Chilled and shelf-stable dairy desserts saw continued retail curr ... Read More
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Mexico Other Dairy
Other Dairy in Mexico Other dairy in Mexico continues to record moderate volume growth rates, a trend that is expected to remain relevant in the coming years. Cream and condensed and evaporated milk continue to drive overall demand in 2024. Despite the general outlook of stability, other dairy has b ... Read More
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The US Butter and Spreads
Butter and Spreads in the US While both butter and margarine suffered skyrocketing cost increases in 2022 due to disruptions in the supply of raw ingredients, the price of butter stabilised, while that of margarine continued to climb strongly in 2023. The fallout from these trends saw butter grow so ... Read More
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Mexico Cheese
Cheese in Mexico Overall demand for cheese in Mexico continues to grow, through both foodservice and retail channels. Packaged hard cheese is one of the stronger performers, surpassed only by soft cheese. It is notable how packaged cheese has been gaining consumers’ preference over the years and sha ... Read More
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Mexico Plant-Based Dairy
Plant-Based Dairy in Mexico After a decline in retail volume terms in 2023, demand for plant-based dairy in Mexico is once again growing in 2024. Soy drinks, which used to be the largest category, has now been surpassed by other plant-based milk, and continues to record a weak performance. While pla ... Read More
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The US Dairy Products and Alternatives
Dairy Products and Alternatives in the US In the US, unit prices have been impacting dairy products and alternatives in a most significant way, as retail current value sales are set to rise in 2024, while retail volumes are expected to decline or stagnate in most categories. Milk is set to see one o ... Read More
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The US Cheese
Cheese in the US In contrast to many packaged food categories, which have struggled to maintain retail volume growth, cheese has demonstrated remarkable resilience despite ongoing unit price increases, showing growth in both retail current value and volume terms in the US in 2023, with this trend se ... Read More
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The US Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in the US As US consumers are interested in natural, low processed sources of nutrients, kefir and full fat sour milk products continue to penetrate a wider consumer base, ensuring dynamic retail volume growth for sour milk products in 2023, which is set to continue, a ... Read More
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Mexico Butter and Spreads
Butter and Spreads in Mexico Retail volume sales of margarine and spreads in Mexico declined between 2022 and 2023, while butter was the best performer. Cooking fats, as the largest category, lost some ground but overall demand remained fairly stable. However, 2024 is emerging as a positive year for ... Read More
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Mexico Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Mexico Although retail demand for yoghurt and sour milk products in Mexico continues to rise in 2024, volume sales of drinking yoghurt, the leading format in the category, are struggling to recover post-pandemic. Yoghurt is considered a convenient product with high ... Read More
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The US Plant-Based Dairy
Plant-Based Dairy in the US In 2024, plant-based milk retail volumes are expected to remain robust in the US despite rising unit prices, solidifying its position as the largest category in plant-based dairy. This stability reflects a mature market in which plant-based milk continues to thrive. The r ... Read More
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Mexico Dairy Products and Alternatives
Dairy Products and Alternatives in Mexico In 2024, retail demand for dairy products and alternatives in Mexico remains below pre-pandemic levels. A key reason for this is related to changes in the demographic structure of Mexican society. Consumers are choosing to have fewer children, have them late ... Read More
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