Category: Milk and Dairy
Milk and Dairy market research reports by Euromonitor International
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Drinking Milk Products in Dominican Republic
Drinking Milk Products in Dominican Republic Drinking milk is expected to register moderate current value and volume growth. However, inflation is still an issue and consumers are expected to continue to be highly price sensitive and prioritise value for money. Flavoured milk drinks is expected to r ... Read More
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Drinking Milk Products in France
Drinking Milk Products in France Having experienced a marginal boost during the pandemic due to prolonged home seclusion in 2020, retail volume sales of drinking milk products in France continue on their declining trajectory in 2023, a trend already emerging prior to COVID-19. This is in contrast to ... Read More
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Plant-Based Dairy in South Africa
Plant-Based Dairy in South Africa Demand for plant-based dairy products continues to grow locally, with other plant-based milk set to see the strongest retail volume growth in 2023, albeit from a low base. Plant-based milk remains by far the biggest category, thanks its wide availability across supe ... Read More
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Other Dairy in Australia
Other Dairy in Australia Sales of chilled dairy desserts have been declining in volume terms, with consumers making their preferences clear about which types of food they want to purchase. Currently, such desserts are facing strong competition from snacks categories that fulfil a similar role, such ... Read More
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Drinking Milk Products in Bosnia and Herzegovina
Drinking Milk Products in Bosnia and Herzegovina The inflationary climate in Bosnia and Herzegovina intensified in 2023, resulting in strong double-digit current value growth of drinking milk products. The higher price of locally and regionally sourced raw milk has pushed up average unit prices in r ... Read More
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Plant-Based Dairy in Spain
Plant-Based Dairy in Spain Plant-based dairy has been less affected by inflation because it does not depend on raw milk prices, which skyrocketed in 2022. Furthermore, the prices of other plant-based ingredients have remained within reasonable margins. Additionally, producers have been able to maint ... Read More
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Drinking Milk Products in Spain
Drinking Milk Products in Spain In 2022 inflation, which was exacerbated by Russia’s war in Ukraine and a national transportation strike, negatively affected per capita milk consumption in Spain. As such, sales of milk saw a decline in retail volume terms in 2022. Moreover, a decrease in volume prod ... Read More
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Yoghurt and Sour Milk Products in the United Kingdom
Yoghurt and Sour Milk Products in the United Kingdom Yoghurt has not been spared from the severe price increases that have characterised dairy in the UK. The increasing input costs, with commodities such as fertilisers, energy and animal feed, have slashed profit margins across the supply and produc ... Read More
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Other Dairy in the United Kingdom
Other Dairy in the United Kingdom The local dairy industry has been characterised by severe price increases, with products featuring milk as their primary ingredient suffering the highest hikes. Indeed, as input costs have become increasingly expensive, profit margins have been reduced, forcing play ... Read More
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Drinking Milk Products in Finland
Drinking Milk Products in Finland Drinking milk products in Finland continued to see normalising sales after the heightened demand that was the COVID-19 pandemic, when consumers stockpiled goods. Inflation and increasing production costs drove up the milk prices in 2022 and continued to do so into t ... Read More
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Plant-Based Dairy in Hungary
Plant-Based Dairy in Hungary As in many countries, Hungary is seeing a notable rise in interest in plant-based diets, with many consumers looking to cut down their consumption of meat and dairy products, even if they are not fully committing to vegetarian or vegan diets. Globally, this trend is bein ... Read More
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Yoghurt and Sour Milk Products in Greece
Yoghurt and Sour Milk Products in Greece Inflation and increased prices of milk resulted in price hikes in yoghurt. This led to consumers turning to private labels, being unable to afford branded options. As a result, private label gained a significant market share, occupying the second place in ter ... Read More
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Drinking Milk Products in Morocco
Drinking Milk Products in Morocco Due to the impact of adverse climatic conditions and the escalating cost of raw materials used in animal feed on the Moroccan dairy sector, struggling breeders were forced to cull dairy cows to offset losses and ensure survival. This led to a depletion of herds, res ... Read More
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Other Dairy in Morocco
Other Dairy in Morocco The demand for other dairy products experienced a decline in the first half of 2023 due to reduced consumer budgets and a decrease in demand for indulgence products. The category's relatively small size, limited potential for innovation in some products, and the perception of ... Read More
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Drinking Milk Products in Bolivia
Drinking Milk Products in Bolivia In 2023, Bolivian society again resumed daily life as it was before the pandemic, with people out and about more, as a result. This is expected to result in less drinking milk being consumed at home and this is expected to dampen volume sales, despite an increase in ... Read More
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Dairy Products and Alternatives in Indonesia
Dairy Products and Alternatives in Indonesia Dairy products and alternatives in Indonesia has experienced positive growth in recent years, primarily driven by increased health and wellness awareness among local consumers who believe consuming more dairy is good for gut health and generally improves ... Read More
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Yoghurt and Sour Milk Products in Indonesia
Yoghurt and Sour Milk Products in Indonesia Yoghurt remains the best-performing product within the category in 2023, with a number of local producers entering the arena during the pandemic when the logistics of importing goods became more complex and costly. For example, The Good Gut started as an o ... Read More
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Drinking Milk Products in the Philippines
Drinking Milk Products in the Philippines Drinking milk products represented the largest category within dairy products and alternatives, having accounted for more than 40% of retail volume sales in 2023. The market is characterised by the strong appeal of shelf stable milk, largely due to the relat ... Read More
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Other Dairy in the Philippines
Other Dairy in the Philippines The home cooking trend continued as a key driver for growth for other dairy in 2023, despite an increase in consumer mobility, as many workers returned to their pre-COVID-19 routines. This tendency took off during the pandemic, when facing extended periods of isolation ... Read More
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Plant-Based Dairy in Vietnam
Plant-Based Dairy in Vietnam The consumption of plant-based dairy remains a prominent and enduring trend within the broader dairy industry in 2023. The rise in popularity of the health and wellness and sustainability movements has significantly contributed to the increase in retail and foodservice v ... Read More
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Yoghurt and Sour Milk Products in Cameroon
Yoghurt and Sour Milk Products in Cameroon The Cameroonian yoghurt market is overwhelmingly controlled by local entities, capturing more than 90% of the market share, while imported brands struggle to secure even a small fraction of the market. These local companies maintain their success due to rob ... Read More
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Yoghurt and Sour Milk Products in Canada
Yoghurt and Sour Milk Products in Canada Despite a deceleration in inflation that led to lower prices and consequently slowed value growth, yoghurt and sour milk products continue to demonstrate a respectable performance in 2023. The category benefits from substantial consumption due to its numerous ... Read More
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Yoghurt and Sour Milk Products in South Africa
Yoghurt and Sour Milk Products in South Africa Sour milk products are commonly preferred by lower-income consumers, who are particularly susceptible to price increases. These consumers often opt for such products due to their relatively lower cost compared with other dairy items, making sour milk an ... Read More
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Yoghurt and Sour Milk Products in Costa Rica
Yoghurt and Sour Milk Products in Costa Rica Current value sales are expected to increase, along with a healthy increase in volume sales. While there is still economic uncertainty, as a result of rising inflation, the growth in inflation is expected to ease. That being said, consumers are expected t ... Read More
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Yoghurt and Sour Milk Products in Latvia
Yoghurt and Sour Milk Products in Latvia Yoghurt and sour milk drinks recorded a drop in sales in 2023 as they remained rather expensive in the year following significant price increases in 2022. With economic uncertainty and declining purchasing power in Latvia, consumer demand for these non-essent ... Read More
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