Category: Dairy Products
Dairy Products market research reports by Euromonitor International
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Plant-Based Dairy in China
Plant-Based Dairy in China Being a mature product, soy drinks registered fairly modest growth in retail current value terms in 2023. This was driven primarily by price adjustments made by leading players such as Zuming and Vitasoy, due to rising costs of soybeans and labour, rather than any real inc ... Read More
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Dairy Products and Alternatives in New Zealand
Dairy Products and Alternatives in New Zealand The dairy industry has faced some difficult challenges and obstacles during 2023, with the headlines being inflation and supply issues. Global inflation has been at high levels, and although the Australia/New Zealand region had slightly lower inflation ... Read More
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Dairy Products and Alternatives in Bosnia and Herzegovina
Dairy Products and Alternatives in Bosnia and Herzegovina Dairy products and alternatives continues to enjoy strong double-digit growth in current value terms, driven by significant unit price increases across all dairy categories. The inflationary pressure which began back in 2022 continued through ... Read More
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Dairy Products and Alternatives in China
Dairy Products and Alternatives in China Retail sales of dairy products and alternatives experienced a fairly static performance in current value terms in 2023, following the more significant decline of the previous year. This latter was predominantly due to disruptions caused by the COVID-19 pandem ... Read More
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Dairy Products and Alternatives in France
Dairy Products and Alternatives in France 2023 is being marked by an overall decrease in retail volume sales for many dairy products and alternatives in France, accompanied by an increase in value sales. The latter is being driven by notable price rises, due to the combination of increased costs in ... Read More
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Dairy Products and Alternatives in Chile
Dairy Products and Alternatives in Chile 2023 has undoubtfully been challenging for dairy products and alternatives in Chile, mostly in terms of volume growth, because due to high inflation rates that the country is experiencing, value growth is offsetting the strong reduction in volumes. In an econ ... Read More
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Dairy Products and Alternatives in Hong Kong, China
Dairy Products and Alternatives in Hong Kong, China Retail volume sales of dairy products and alternatives in Hong Kong showed a slight resurgence in 2022 as the pandemic subsided, and this is set to continue in 2023, benefiting from the restoration of local consumption and the return of tourists. A ... Read More
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Dairy Products and Alternatives in Austria
Dairy Products and Alternatives in Austria Dairy products and alternatives is set to record stagnant current retail value sales in 2023, while dairy continues to generate the bulk of sales. With the health and wellness trend rising, dairy products benefit from generally being considered healthy. In ... Read More
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Dairy Products and Alternatives in Ethiopia
Dairy Products and Alternatives in Ethiopia Ethiopia is experiencing a growing demand for dairy products. However, as a developing country, a large part of the residents do not have access to dairy products. While the industry has recovered from the pandemic in 2023, it now faces a fresh set of chal ... Read More
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Dairy Products and Alternatives in Denmark
Dairy Products and Alternatives in Denmark Following the unprecedented price hikes seen in dairy and alternatives in 2022, retail prices have fallen slightly in 2023. Consumption levels have improved compared to the previous year, but retail prices remain high, with global and European stock exchang ... Read More
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Yoghurt and Sour Milk Products in Hong Kong, China
Yoghurt and Sour Milk Products in Hong Kong, China Retail volume sales of flavoured and plain yoghurt have experienced consistent growth in Hong Kong, which can be attributed to sustained demand for yoghurt even after the pandemic, which is set to be maintained in 2023. The pandemic has had a signif ... Read More
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Plant-Based Dairy in Hong Kong, China
Plant-Based Dairy in Hong Kong, China Retail volume sales of soy drinks have been growing at a slow but stable rate over the years, due to consistent consumer demand and the maturity of the category, with this trend set to be maintained in 2023. Soy drinks have been popular in Hong Kong for many yea ... Read More
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Plant-Based Dairy in Singapore
Plant-Based Dairy in Singapore The growth and adoption of other plant-based milk has flourished through foodservice, particularly fast-growing chained specialist coffee shops. In recent years, different other plant-based milk options have become more widely available in foodservice settings, leading ... Read More
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Cheese in Thailand
Cheese in Thailand As cheese in not typically a main ingredient in Thai cuisine, tourism is an integral factor towards sales and, thus, cheese was affected by the event of the COVID-19 pandemic due to the lack of tourism during this time. As such, cheese manufacturers sought ways in which to attract ... Read More
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Plant-Based Dairy in Thailand
Plant-Based Dairy in Thailand Health and wellness trends continue to boost the popularity of plant-based dairy in Thailand. This is being driven by low-fat and low-sugar demands, as well as providing options for consumers who are allergic or intolerant to cow’s milk. Such factors are expected to mai ... Read More
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Butter and Spreads in Argentina
Butter and Spreads in Argentina Butter and spreads registered a decline in retail volume sales in 2022, which is set to continue throughout 2023. The decline results from the high level of sales reached in 2020 during the pandemic, with many people preparing home-made meals. Despite this, sales of b ... Read More
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Yoghurt and Sour Milk Products in Argentina
Yoghurt and Sour Milk Products in Argentina Sales of yoghurt and sour milk products is set to decline in retail volume terms in 2023, driven by decreased purchasing power, with prices increasing well above the average inflation rate. The performance of drinking yoghurt is expected to be weaker than ... Read More
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Cheese in Austria
Cheese in Austria Austria is a country with a strong tradition of cheese-making, and the consumption of a wide range of cheese remains very popular in the country, leading cheese to account for the largest share of value sales within overall dairy products and alternatives in the country. Soft chees ... Read More
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Butter and Spreads in Austria
Butter and Spreads in Austria Following the record-high growth rates for Butter during 2022, due to inflation and the higher cost of energy, boosting price points, the average unit price of Butter slightly declined in 2023. The amount of special offers for branded butter products continues to be hig ... Read More
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Cheese in Azerbaijan
Cheese in Azerbaijan Retail price inflation slowed down in 2023 and this had a positive effect on the cheese category, with retail volume sales rising at a steady pace. Still, the cheese category remains import-dependent, a factor that also influences pricing. The war in Ukraine has disrupted trade ... Read More
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Yoghurt and Sour Milk Products in Azerbaijan
Yoghurt and Sour Milk Products in Azerbaijan The yoghurt category is facing another year of muted volume growth in 2023 in the face of higher retail prices. Azerbaijan is heavily dependent on food imports both from Russia and Ukraine and trade flows remain disrupted. Inflation also remains stubbornl ... Read More
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Butter and Spreads in Bulgaria
Butter and Spreads in Bulgaria Butter and spreads continue to witness decline in retail volume sales due to price inflation. Butter was among the food categories with the highest price growth in 2022 as players faced soaring costs. Retail prices continued to increase in the first half of 2023 due to ... Read More
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Butter and Spreads in Croatia
Butter and Spreads in Croatia Despite the recovery of pre-pandemic lifestyles, with Croatians returning to office workplaces and spending less time at home, margarine sales continue to decrease. In recent years, margarine has been labelled as a less healthy option than butter, and has been unable to ... Read More
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Cheese in Croatia
Cheese in Croatia Lactose-free varieties have gained popularity at the expense of standard cheese in 2023. While this is partly due to the well-established tendency towards rising health awareness among the population, many consumers have also become more willing to try these product types as inflat ... Read More
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Other Dairy in Chile
Other Dairy in Chile Within other dairy in Chile, chilled dairy desserts holds the highest value share in the category. However, retail volume growth is set to slow over 2023 due to the strong levels of inflation in the country. This is because chilled dairy desserts are considered a treat, and duri ... Read More
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