Dairy Products and Alternatives

In the first half of 2022, due to the surge in confirmed cases and a high number of people under home quarantine, there was a significant increase in demand for large-sized soy milk products and plant-based milk products that can be stored at room…

Plant-based dairy is expected to continue growing in popularity in Thailand in 2024. This growth is driven by an increasing number of consumers seeking alternatives to cow's milk due to health reasons, concerns about animal welfare, environmental…

Soy drinks remained the only significant subcategory within plant-based dairy in 2023. Retail volume sales of soy drinks declined sharply during the COVID-19 pandemic in 2020 and 2021, due to decreased incidence of impulse purchases through…

Plant-based dairy is set to see sales fall in current value terms in Vietnam in 2024. Soy drinks is a relatively mature segment in the Vietnamese market, with most Vietnamese consumers aware of such products and a high level of household penetration.…

Volume growth for yoghurt and sour milk products in Azerbaijan is expected to be muted in 2024. Though inflation has eased, consumers are still price sensitive after several years of price rises, and this is dampening volume sales and there is a…