Category: Soy
Soy market research reports by Euromonitor International
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Greece Plant-Based Dairy
Plant-Based Dairy in Greece In contrast to the general decline in sales across the Greek dairy industry, plant-based dairy alternatives - such as milk, cheese, and yoghurt - are poised for positive growth in retail volume terms in 2024. Consumers often associate plant-based products with healthier d ... Read More
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Estonia Plant-Based Dairy
Plant-Based Dairy in Estonia While sales are still relatively low compared with regular dairy, in 2024, sales of plant-based dairy enjoyed significant growth in both retail and current volume terms. This was largely thanks to increased consumption of plant-based milk, which has seen expansion in rec ... Read More
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Costa Rica Dairy Products and Alternatives
Dairy Products and Alternatives in Costa Rica A positive economic picture is expected to support healthy current value and moderate volume growth in dairy products and alternatives in Costa Rica in 2024. Increasing tourist numbers is also expected to support value and volume growth, particularly for ... Read More
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Portugal Plant-Based Dairy
Plant-Based Dairy in Portugal Plant-based dairy has continued to enjoy strong growth in retail volume and value terms in 2024 as an increasing number of consumers look to reduce or remove dairy products from their diet for health or ethical reasons. Other plant-based milk is contributing the most to ... Read More
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Romania Plant-Based Dairy
Plant-Based Dairy in Romania Plant-based dairy continues to thrive due to changing consumption habits in Romania. Plant-based dairy has been available for a number of years, although consumption has been limited to religious fasts when the Orthodox Christian religion forbids consumption of several f ... Read More
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Ecuador Plant-Based Dairy
Plant-Based Dairy in Ecuador The review period was marked by a significant development in plant-based dairy in Ecuador: the entry of Tonicorp, the dominant player in the traditional dairy industry. Tonicorp's decision to enter plant-based dairy with the launch of two almond-based drinks in vanilla a ... Read More
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Dominican Republic Dairy Products and Alternatives
Dairy Products and Alternatives in Dominican Republic After experiencing a contraction in sales volume in 2023, dairy products and alternatives in the Dominican Republic has rebounded strongly in 2024. This resurgence in both volume and value terms is primarily supported by the easing of inflationar ... Read More
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Egypt Dairy Products and Alternatives
Dairy Products and Alternatives in Egypt Dairy products and alternatives in Egypt witnessed a challenging year in 2024 with retail volume sales moving into decline. The cost of living has tripled in the past two years effectively ramping up the financial challenges for consumers and forcing many cho ... Read More
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Estonia Dairy Products and Alternatives
Dairy Products and Alternatives in Estonia Dairy products and alternatives in Estonia saw a return to some stability in current value terms in 2024 after some turbulent years during the review period when high rates of inflation caused a steep increase in average unit prices. Nevertheless, many dair ... Read More
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Dominican Republic Plant-Based Dairy
Plant-Based Dairy in Dominican Republic Plant-based dairy in the Dominican Republic has continued its robust expansion in 2024, maintaining double-digit growth for the seventh consecutive year. This incipient market is primarily driven by the younger generation and consumers with dairy intolerances, ... Read More
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Ecuador Dairy Products and Alternatives
Dairy Products and Alternatives in Ecuador In 2024, Ecuador is grappling with an increasingly challenging landscape for dairy products and alternatives. The nation is currently facing a multifaceted crisis characterised by economic stagnation due to ongoing political turmoil, meteorological disrupti ... Read More
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Saudi Arabia Dairy Products and Alternatives
Dairy Products and Alternatives in Saudi Arabia The market for dairy products and alternatives in Saudi Arabia is expected to see an improved performance in total volume terms in 2024. This will be supported by easing inflation and an increase in the rate of employment, which together will have a po ... 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 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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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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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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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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Processed Meat, Seafood and Alternatives To Meat in India
Processed Meat, Seafood and Alternatives To Meat in India Processed meat, seafood and alternatives to meat maintained dynamic growth in India in both retail volume and current value terms in 2023. Tofu and derivatives saw the strongest value growth in 2023. Increasing numbers of consumers are gravit ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Hong Kong, China
Processed Meat, Seafood and Alternatives To Meat in Hong Kong, China In 2023, total volume demand for processed meat, seafood, and alternatives to meat is set to experience solid growth in Hong Kong, primarily driven by the strong rebound in the foodservice channel, thanks to the return of foot traf ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Taiwan
Processed Meat, Seafood and Alternatives To Meat in Taiwan In 2023, the overall retail demand for processed meat, seafood and alternatives to meat dropped in Taiwan as consumers resumed pre-COVID-19 pandemic lifestyles. The category had seen a surge in demand in the wake of the COVID-19 pandemic, dr ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Indonesia
Processed Meat, Seafood and Alternatives To Meat in Indonesia Average unit prices in processed meat, seafood and alternatives to meat saw another year of rises in 2023. This was for several reasons, including the increasing costs of energy and animal feed, with Indonesia being import-reliant for som ... Read More
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Plant-Based Dairy in India
Plant-Based Dairy in India Soy drinks continued to dominate demand for plant-based milk in India at the end of the review period. It is popular for several reasons. Firstly, soy is widely consumed in India in various forms, where it is used in different vegetable-based dishes, given its unique and d ... Read More
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Food and Drinks in the Coming Era of Food Insecurity
Food and Drinks in the Coming Era of Food InsecurityThe rise in global food insecurity will be a defining challenge for the food and beverage industry in the coming decades. Once-reliable supply chains are under threat from climate change and geopolitical shifts, which means the future will be one o ... Read More
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Processed Meat, Seafood and Alternatives To Meat in Brazil
Processed Meat, Seafood and Alternatives To Meat in Brazil The lingering impact that the pandemic had on consumers’ behaviour remains clear in Brazil. With the high inflationary process resulting from misguided policies to international price variations, some animal-based proteins witnessed soaring ... Read More
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