Uruguay Dairy Products and Alternatives

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,275	62 Pages	Euromonitor International	August, 2024	EP19119864

Best Price Guarantee
Price	from $2,275
Length	62 Pages
Publisher	Euromonitor International
Published Date	August, 2024
SKU	EP19119864

Dairy Products and Alternatives in Uruguay

In 2023, purchasing power in Uruguay improved as salaries rose above inflation rates, a trend expected to continue in 2024, with even higher GDP growth than in the previous year and further salary increases. Despite this favourable economic environment, the demand for dairy products and alternatives does not mirror this optimism.

Euromonitor International's Dairy Products and Alternatives in Uruguay report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Baby Food, Dairy, Plant-based Dairy.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Dairy Products and Alternatives market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Dairy Products and Alternatives in Uruguay
Euromonitor International
August 2024
List Of Contents And Tables
DAIRY PRODUCTS AND ALTERNATIVES IN URUGUAY
EXECUTIVE SUMMARY
Dairy products and alternatives in 2024: The big picture
Key trends in 2024
Competitive Landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA: Table 1 Sales of Dairy Products and Alternatives by Category: Value 2019-2024; Table 2 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024; Table 3 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024; Table 4 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024; Table 5 Penetration of Private Label by Category: % Value 2019-2024; Table 6 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024; Table 7 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029; Table 8 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES: Summary 1 Research Sources
BABY FOOD IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Limited development of prepared baby food
Dried baby food faces challenges due to health trends
Modest growth in milk formula amidst supply chain disruptions
PROSPECTS AND OPPORTUNITIES
Niche market for liquid milk formula
Multinational companies to maintain dominance
Positive but limited growth across baby food categories
CATEGORY DATA: Table 9 Sales of Baby Food by Category: Volume 2019-2024; Table 10 Sales of Baby Food by Category: Value 2019-2024; Table 11 Sales of Baby Food by Category: % Volume Growth 2019-2024; Table 12 Sales of Baby Food by Category: % Value Growth 2019-2024; Table 13 NBO Company Shares of Baby Food: % Value 2020-2024; Table 14 LBN Brand Shares of Baby Food: % Value 2021-2024; Table 15 Distribution of Baby Food by Format: % Value 2019-2024; Table 16 Forecast Sales of Baby Food by Category: Volume 2024-2029; Table 17 Forecast Sales of Baby Food by Category: Value 2024-2029; Table 18 Forecast Sales of Baby Food by Category: % Volume Growth 2024-2029; Table 19 Forecast Sales of Baby Food by Category: % Value Growth 2024-2029
BUTTER AND SPREADS IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Rebound in butter and spreads driven by improved supply
Butter leads category growth amidst economic recovery
Margarine market dominated by foreign brands amidst challenges
PROSPECTS AND OPPORTUNITIES
Sophistication and diversification of butter and spreads portfolio
Increased competition despite Conaprole's continued dominance
Limited prospects for cooking fats within butter and spreads
CATEGORY DATA: Table 20 Sales of Butter and Spreads by Category: Volume 2019-2024; Table 21 Sales of Butter and Spreads by Category: Value 2019-2024; Table 22 Sales of Butter and Spreads by Category: % Volume Growth 2019-2024; Table 23 Sales of Butter and Spreads by Category: % Value Growth 2019-2024; Table 24 NBO Company Shares of Butter and Spreads: % Value 2020-2024; Table 25 LBN Brand Shares of Butter and Spreads: % Value 2021-2024; Table 26 Distribution of Butter and Spreads by Format: % Value 2019-2024; Table 27 Forecast Sales of Butter and Spreads by Category: Volume 2024-2029; Table 28 Forecast Sales of Butter and Spreads by Category: Value 2024-2029; Table 29 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2024-2029; Table 30 Forecast Sales of Butter and Spreads by Category: % Value Growth 2024-2029
CHEESE IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Modest expansion of cheese consumption supported by economic recovery
Foodservice continues to drive cheese demand
Cooperativa Nacional de Productores de Leche maintains leadership in a competitive environment
PROSPECTS AND OPPORTUNITIES
Expansion of private label cheese across varieties
Potential revival of Calcar and Claldy through government support
Strong prospects for packaged hard cheese amidst economic recovery
CATEGORY DATA: Table 31 Sales of Cheese by Category: Volume 2019-2024; Table 32 Sales of Cheese by Category: Value 2019-2024; Table 33 Sales of Cheese by Category: % Volume Growth 2019-2024; Table 34 Sales of Cheese by Category: % Value Growth 2019-2024; Table 35 Sales of Spreadable Cheese by Type: % Value 2019-2024; Table 36 Sales of Soft Cheese by Type: % Value 2019-2024; Table 37 Sales of Hard Cheese by Type: % Value 2019-2024; Table 38 NBO Company Shares of Cheese: % Value 2020-2024; Table 39 LBN Brand Shares of Cheese: % Value 2021-2024; Table 40 Distribution of Cheese by Format: % Value 2019-2024; Table 41 Forecast Sales of Cheese by Category: Volume 2024-2029; Table 42 Forecast Sales of Cheese by Category: Value 2024-2029; Table 43 Forecast Sales of Cheese by Category: % Volume Growth 2024-2029; Table 44 Forecast Sales of Cheese by Category: % Value Growth 2024-2029
DRINKING MILK PRODUCTS IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Continued contraction in sales of drinking milk products due to high per capita consumption and demographic challenges
Shift towards shelf-stable milk as fresh milk consumption declines
Conaprole maintains leadership amidst increased competition and supply challenges
PROSPECTS AND OPPORTUNITIES
Focus on value-added drinking milk products to boost profit margins
Flavoured milk drinks to lead in a slowly contracting market
Claldy SA poised for recovery with new investments and strategic expansions
CATEGORY DATA: Table 45 Sales of Drinking Milk Products by Category: Volume 2019-2024; Table 46 Sales of Drinking Milk Products by Category: Value 2019-2024; Table 47 Sales of Drinking Milk Products by Category: % Volume Growth 2019-2024; Table 48 Sales of Drinking Milk Products by Category: % Value Growth 2019-2024; Table 49 NBO Company Shares of Drinking Milk Products: % Value 2020-2024; Table 50 LBN Brand Shares of Drinking Milk Products: % Value 2021-2024; Table 51 Distribution of Drinking Milk Products by Format: % Value 2019-2024; Table 52 Forecast Sales of Drinking Milk Products by Category: Volume 2024-2029; Table 53 Forecast Sales of Drinking Milk Products by Category: Value 2024-2029; Table 54 Forecast Sales of Drinking Milk Products by Category: % Volume Growth 2024-2029; Table 55 Forecast Sales of Drinking Milk Products by Category: % Value Growth 2024-2029
YOGHURT AND SOUR MILK PRODUCTS IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Positive growth in yoghurt and sour milk products driven by recovery in production and purchasing power
Flavoured yoghurt growth fuelled by larger pack sizes and value-added options
Financial challenges impact smaller players, but government support provides hope
PROSPECTS AND OPPORTUNITIES
Plain yoghurt expected to lead growth, supported by health-oriented marketing
Fort-Masis (Danone) poised for continued growth with local production and sustainability focus
Growing demand for lactose-free yoghurt amidst regulatory changes
CATEGORY DATA: Table 56 Sales of Yoghurt and Sour Milk Products by Category: Volume 2019-2024; Table 57 Sales of Yoghurt and Sour Milk Products by Category: Value 2019-2024; Table 58 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2019-2024; Table 59 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2019-2024; Table 60 Sales of Flavoured Yoghurt by Flavour: Rankings 2019-2024; Table 61 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2020-2024; Table 62 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2021-2024; Table 63 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2019-2024; Table 64 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2024-2029; Table 65 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2024-2029; Table 66 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2024-2029; Table 67 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2024-2029
OTHER DAIRY IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Rising health consciousness influences dessert preferences
Decline in coffee whitener sales due to limited options and health concerns
Fort-Masis SA leads chilled and shelf-stable desserts with a focus on imported products
PROSPECTS AND OPPORTUNITIES
Modest growth expected in other dairy amidst health trends
Increased competition with Conaprole maintaining leadership
Home-cooking trends sustain demand for cream and flavoured condensed milk
CATEGORY DATA: Table 68 Sales of Other Dairy by Category: Volume 2019-2024; Table 69 Sales of Other Dairy by Category: Value 2019-2024; Table 70 Sales of Other Dairy by Category: % Volume Growth 2019-2024; Table 71 Sales of Other Dairy by Category: % Value Growth 2019-2024; Table 72 Sales of Cream by Type: % Value 2019-2024; Table 73 NBO Company Shares of Other Dairy: % Value 2020-2024; Table 74 LBN Brand Shares of Other Dairy: % Value 2021-2024; Table 75 Distribution of Other Dairy by Format: % Value 2019-2024; Table 76 Forecast Sales of Other Dairy by Category: Volume 2024-2029; Table 77 Forecast Sales of Other Dairy by Category: Value 2024-2029; Table 78 Forecast Sales of Other Dairy by Category: % Volume Growth 2024-2029; Table 79 Forecast Sales of Other Dairy by Category: % Value Growth 2024-2029
PLANT-BASED DAIRY IN URUGUAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Dynamic growth in other plant-based milk
Soy drinks remain strong but face competition
Fortylex SA maintains market dominance amidst growing competition
PROSPECTS AND OPPORTUNITIES
Strong potential for expansion in plant-based dairy
Foodservice channel expected to incorporate more plant-based options
Modern grocery retailers to lead plant-based dairy sales
CATEGORY DATA: Table 80 Sales of Plant-Based Dairy by Category: Value 2019-2024; Table 81 Sales of Plant-Based Dairy by Category: % Value Growth 2019-2024; Table 82 NBO Company Shares of Plant-Based Dairy: % Value 2020-2024; Table 83 LBN Brand Shares of Plant-Based Dairy: % Value 2021-2024; Table 84 Distribution of Plant-Based Dairy by Format: % Value 2019-2024; Table 85 Forecast Sales of Plant-Based Dairy by Category: Value 2024-2029; Table 86 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2024-2029