In 2024, other plant-based milk categories, though starting from a low base, registered the most dynamic growth in retail volume terms in Uruguay. Almond milk remains the most popular option amongst local consumers, despite the availability of other types of plant-based milk like oat, coconut, and peanut milk. The rapid expansion of brands and flavours, coupled with rising consumer interest, has fuelled this growth. The market is dominated by Silk, imported from Mexico by Fort-Masis SA, although...
Euromonitor International's Plant-based Dairy 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.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Plant-based Dairy 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.
Plant-Based Dairy in Uruguay
Euromonitor International
August 2024
List Of Contents And Tables
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 1 Sales of Plant-Based Dairy by Category: Value 2019-2024
Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2019-2024
Table 3 NBO Company Shares of Plant-Based Dairy: % Value 2020-2024
Table 4 LBN Brand Shares of Plant-Based Dairy: % Value 2021-2024
Table 5 Distribution of Plant-Based Dairy by Format: % Value 2019-2024
Table 6 Forecast Sales of Plant-Based Dairy by Category: Value 2024-2029
Table 7 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2024-2029
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 8 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
Table 9 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
Table 10 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
Table 11 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
Table 12 Penetration of Private Label by Category: % Value 2019-2024
Table 13 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
Table 14 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
Table 15 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029