Category: Dairy Products
Dairy Products market research reports by Euromonitor International
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Cheese in Hong Kong, China
Cheese in Hong Kong, China Sales of cheese in Hong Kong are expected to experience a significant retail current value boost in 2023, mainly due to a substantial rise in the average unit price. The overall unit price of cheese is set to increase by over 10% compared with the previous year. This incre ... Read More
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Plant-Based Dairy in Chile
Plant-Based Dairy in Chile Plant-based milk in Chile has been able to position itself in a widely competitive market. As Chileans adapted their preferences towards these types of products during the pandemic, the consumption of plant-based milk was significantly boosted. However, local consumers sti ... Read More
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Butter and Spreads in Singapore
Butter and Spreads in Singapore Butter and spreads is set to continue to record a decline in retail volume sales in 2023, due to normalisation of sales following a spike in 2020, when home seclusion during pandemic lockdowns promoted home cooking and baking. Following the lifting of restrictions and ... Read More
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Other Dairy in Japan
Other Dairy in Japan In 2023, other dairy is expected to suffer a significant decline in retail volume terms in Japan, as consumers have been tightening their belts in response to higher living costs. Other dairy manufacturers had already implemented price increases in 2022, but the costs of raw mat ... Read More
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Plant-Based Dairy in Argentina
Plant-Based Dairy in Argentina Other plant-based milk registered a decline in retail volume terms in 2022, which is set to continue in 2023, with economic hardship leading many consumers to reorganise their budgets. This negatively impacts other plant-based milk products, with an average price much ... Read More
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Plant-Based Dairy in Bulgaria
Plant-Based Dairy in Bulgaria In 2023, plant-based dairy continues to enjoy healthy growth in Bulgaria, both in retail volume and current value terms. Plant-based products were less affected by the previous year’s inflation than the dairy category, as they are generally consumed by more affluent con ... Read More
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Yoghurt and Sour Milk Products in Bulgaria
Yoghurt and Sour Milk Products in Bulgaria Yoghurt and sour milk products decreased slightly in 2023 as inflation pushed up retail prices and the declining population trend reduced potential consumers. At the same time, current value sales were slightly positive based on higher unit prices, especial ... Read More
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Cheese in Denmark
Cheese in Denmark Cheese retail prices have started to fall in 2023, following the sharp spike in the previous year, leading to a slight recovery in retail volume sales. Dairy leader Arla Foods has begun to lower prices, with supermarkets and competitors following its lead. Nonetheless, whilst the r ... Read More
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Cheese in Chile
Cheese in Chile Raw milk is a fundamental ingredient in cheese production, and when the cost of this ingredient increases, producers face numerous challenges that can lead to significant setbacks. There are several reasons that link the increasing cost of raw milk with the challenging scenario that ... Read More
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Other Dairy in Croatia
Other Dairy in Croatia Despite the growing importance of health and wellness, the price hikes, and general economic instability, both coffee whiteners and cream are witnessing healthy growth in 2023. When it comes to coffee drinking in Croatia, tradition always outweighs the health trends, with both ... Read More
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Butter and Spreads in Chile
Butter and Spreads in Chile Since the vaccination process against COVID-19 began in Chile and the impact of the pandemic started to wane, the home-cooking dynamic that emerged in 2020, when local consumers were forced to spend considerable time at home, has notably lost momentum. Chileans have start ... Read More
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Butter and Spreads in Japan
Butter and Spreads in Japan Butter is set to decline in retail volume terms in 2023, due to the impact of inflation, which has been driving up unit prices. The price of butter had been stable over the last few years, as many products, such as Meiji Hokkaido Butter, are locally sourced, and had not b ... Read More
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Cheese in Japan
Cheese in Japan Cheese is set to see solid growth in retail current value terms in Japan in 2023, largely driven by unit price increases due to inflation and the rising cost of raw materials and energy. Major dairy players such as Megmilk Snow Brand, Meiji Co Ltd, and Morinaga Milk Industry increase ... Read More
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Yoghurt and Sour Milk Products in Japan
Yoghurt and Sour Milk Products in Japan Yoghurt is set to see growth in retail current value terms in Japan in 2023, largely driven by unit price increases. However, retail volumes are set to suffer a decline, as consumers are becoming more selective and conscious about the purchases they make in re ... Read More
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Yoghurt and Sour Milk Products in Singapore
Yoghurt and Sour Milk Products in Singapore Commencing from 30 December 2022, the Singapore government imposed colour-coded mandatory nutrition labelling for pre-packaged beverages covered by the scheme. The Nutri-Grade scheme dictates that Nutri-Grade beverages that are graded C or D (indicating hi ... Read More
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Butter and Spreads in Thailand
Butter and Spreads in Thailand Butter and spreads is benefitting from the resumption of tourism following the reopening of society after the pandemic years. Indeed, Thailand’s tourism trade is again booming, which positively impacts sales via foodservice channels. Many sales of butter are from foods ... Read More
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Other Dairy in Thailand
Other Dairy in Thailand Thailand’s return to out-of-home lifestyles, following the era of the pandemic, has and continues to benefit sales through foodservice channels. Indeed, tourism is reviving, and consumers’ busier, on-the-go lifestyles mean both dine-in and grab-and-go foodservice options are ... Read More
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Cheese in Argentina
Cheese in Argentina Soft and hard cheese registered a positive current retail volume growth in 2022, with sales of soft cheese continuing performing better than hard. Rising consumer price sensitivity is set to see soft cheese volume sales outgrow hard cheese sales into 2023. With inflation rates ar ... Read More
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Other Dairy in Bulgaria
Other Dairy in Bulgaria In 2023, chilled dairy desserts and chilled snacks started to see consumption recover after the previous year’s decline, whilst other categories remain in decline. Current value growth was driven by further inflation and price growth, especially at the beginning of the year. ... Read More
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Butter and Spreads in Denmark
Butter and Spreads in Denmark Butter and spreads witnessed dynamic price increases in 2022, driven by global price inflation and an increase in global demand. As a result, some grocery retailers decreased their profit margins in order to absorb some of these costs. Moving into 2023, there has been s ... Read More
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Dairy Products and Alternatives in Argentina
Dairy Products and Alternatives in Argentina In 2023, retail volume sales of dairy products and alternatives is expected to decline in most categories. The poor performance is the consequence of high sales levels reached in 2020, due to the outbreak of COVID-19 and home seclusion, with many people p ... Read More
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Dairy Products and Alternatives in Japan
Dairy Products and Alternatives in Japan Dairy products and alternatives is set to continue to grow in current value terms in Japan in 2023, largely driven by unit price increases, due to inflation and increases in production costs. Most of the categories within dairy products and alternatives, exce ... Read More
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Other Dairy in Algeria
Other Dairy in Algeria Other dairy is registering relatively slow retail volume growth in 2023 in comparison to previous years, reflecting the mature nature of the category. The continuing economic downturn in Algeria is dampening retail volume sales, as internal and external inflationary pressures ... Read More
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Butter and Spreads in Algeria
Butter and Spreads in Algeria Although sales continue to climb in retail volume and current value terms in 2023, butter and spreads is recording weaker volume growth than expected. The sharp increase in average unit prices is largely responsible for the high current value growth, with high inflation ... Read More
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Yoghurt and Sour Milk Products in Algeria
Yoghurt and Sour Milk Products in Algeria The ongoing economic hardship is affecting household incomes in Algeria, which is leading to slower retail volume growth of yoghurt and sour milk products in 2023. The international issues caused by the war in Ukraine continue to affect the local economy and ... Read More
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