Category: Dairy Products
Dairy Products market research reports by Euromonitor International
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Plant-Based Dairy Packaging in Singapore
Plant-Based Dairy Packaging in Singapore Soy milk is expected to maintain its popularity in Singapore, but it faces increasingly stiff competition from other plant-based milks offering diverse flavours and nutritional benefits. To attract new consumers, introducing innovative flavours and variations ... Read More
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China Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in China In 2024, retail sales of yoghurt are expected to decline for the fifth successive year in China in current value terms. This fall in sales is being driven by multiple factors. First, the overall economic environment remains weak, leading consumers to be more c ... Read More
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Italy Plant-Based Dairy
Plant-Based Dairy in Italy Plant-based dairy is thriving in Italy, fuelled by a growing focus on health and wellness. Consumers are increasingly turning to alternatives to traditional dairy, not only vegans but also those who have traditionally followed a more mainstream diet but who are seeking to ... Read More
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Argentina Plant-Based Dairy
Plant-Based Dairy in Argentina After the sales boom seen during the first years of the review period, other plant-based milk saw a contraction of volume sales in Argentina in 2024. Because of the challenging economic situation, many local consumers have tightened their belts, negatively impacting ot ... Read More
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Algeria Other Dairy
Other Dairy in Algeria In 2024, other dairy’s growth rate in current value terms is higher than in volume terms due to the surge in inflation caused by the economic downturn in Algeria. The high pricing of category products hampers growth in 2024, as price-sensitive consumers in Algeria continue to ... Read More
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Spain HW Dairy Products and Alternatives
HW Dairy Products and Alternatives in Spain Although Spanish consumers still had to tighten their belts in 2023 due to high inflationary pressures, various health and wellness dairy products and alternatives witnessed growth during the year. Demand for low fat/no fat claims stabilised in 2023, with ... Read More
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Italy Other Dairy
Other Dairy in Italy In 2024, the market for other dairy products in Italy is expected to register only marginal growth in retail volume terms, with performance varying across the category. For instance, cream consumption is projected to decline slightly, largely due to a sharp rise in prices over t ... Read More
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Argentina Butter and Spreads
Butter and Spreads in Argentina Butter and spreads saw a contraction in retail volume terms in Argentina in 2024 as many local consumers reduced their consumption of essential products. However, the trend for cooking home-made meals seen over the review period not only continued but deepened in 2024 ... Read More
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Italy Butter and Spreads
Butter and Spreads in Italy In 2024, the butter and spreads market in Italy is projected to experience a modest decline in retail volume terms. Demand has been negatively affected by significant price hikes, particularly for butter. These increases are driven by rising production costs, which includ ... Read More
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Italy Cheese
Cheese in Italy The market for cheese in Italy is projected to see only modest growth retail volume terms in 2024. Despite a significant reduction in inflation compared to previous years, consumers are still grappling with elevated prices which has resulted in more cautious spending. However, cheese ... Read More
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Algeria Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Algeria Yoghurt and sour milk products in Algeria are experiencing slower sales growth in volume and constant value terms in 2024 compared to the previous year. This slowdown is attributed to the increasing maturity of the category and ongoing economic hardship, whi ... Read More
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Argentina Other Dairy
Other Dairy in Argentina Chilled dairy desserts exhibited the weakest performance in retail volume terms within other dairy in Argentina in 2024. Given the fragile economic climate, chilled dairy desserts are considered non-essential by many Argentinians, who avoided buying these products in order t ... Read More
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Argentina Cheese
Cheese in Argentina The cost of raw milk in Argentina soared well above general inflation rates in 2024, negatively affecting cheese production costs. Consequently, cheese became too expensive for many Argentinians, negatively impacting demand. Many local consumers preferred to substitute packaged h ... Read More
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Japan Cheese
Cheese in Japan During 2023, cheese experienced its highest ever annual increase in the average unit price, with a double-digit growth rate. This was due to a surge in the cost of imported raw materials for cheese. Major manufacturers had to revise cheese prices owing not only to the rising costs of ... Read More
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Belgium Cheese
Cheese in Belgium Following the sharp spikes in milk prices over 2023, prices began falling in 2024 leading to lower input costs for cheese in Belgium. Cheese manufacturers used promotions to boost volume sales in an otherwise mature category, leading to the best category volume performance since th ... Read More
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Japan Plant-Based Dairy
Plant-Based Dairy in Japan In Japan, after plant-based dairy reached its peak of retail volume sales in 2020, it experienced a consistent decline, which intensified from the latter half of 2022 due to rising inflation and the consequent surge in consumer thriftiness. This trend is forecast to persis ... Read More
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Argentina Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Argentina Chilled dairy desserts exhibited the weakest performance in retail volume terms within other dairy in Argentina in 2024. Given the fragile economic climate, chilled dairy desserts are considered non-essential by many Argentinians, who avoided buying these ... Read More
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Argentina Dairy Products and Alternatives
Dairy Products and Alternatives in Argentina In 2024, for the second consecutive year, retail volume sales of dairy products and alternatives in Argentina contracted. The complex economic climate negatively impacted dairy demand, with inflation rates reaching triple digits and GDP decreasing. The ha ... Read More
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Italy Dairy Products and Alternatives
Dairy Products and Alternatives in Italy The market for dairy products and alternatives in Italy is projected to see modest growth in total volume terms in 2024. Despite a significant reduction in inflation compared to previous years, consumers are still grappling with elevated prices which has resu ... Read More
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Japan Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Japan In 2024, yoghurt and sour milk products in Japan is expected to witness a modest increase in retail current value terms, following significant price adjustments in 2023 due to rising production costs, including raw milk prices and logistics, which have continu ... Read More
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China Butter and Spreads
Butter and Spreads in China In 2024, retail sales of butter in the Chinese market are expected to record a mid-single-digit decline in current value terms. This decrease is primarily due to reduced demand for home baking, as post-pandemic, Chinese consumers have been spending less time at home. In a ... Read More
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Belgium Yoghurt and Sour Milk Products
Yoghurt and Sour Milk Products in Belgium Volume sales of yoghurt and sour milk in Belgium continue to be impacted by high prices in 2024. This can be linked to the huge spike in milk prices during 2023, which have decreased slightly over 2024, but continue to hinder consumer demand. Many consumers ... Read More
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Belgium Other Dairy
Other Dairy in Belgium Other dairy in Belgium is feeling the benefits of falling prices and a focus on promotions in 2024. Following the sharp price rises in milk during 2023 caused by issues in the production chain, other dairy prices started to reduce in 2024. Coupled with strong promotional activ ... Read More
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China Plant-Based Dairy
Plant-Based Dairy in China Plant-based milk is expected to remain the only category within plant-based dairy with notable sales in China in 2024. Within plant-based milk, retail volume and current value sales of soy drinks experienced a significant decline in China in 2023, and this is expected to c ... Read More
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Dairy Packaging in Singapore
Dairy Packaging in Singapore While HDPE bottles remained the major pack type for drinking milk products in 2023, gable-top liquid cartons continued to gain share in this category in this year, and are even likely to become the leading packaging format over the forecast period. The most common materi ... Read More
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