Dairy Products and Alternatives

Chilled and shelf stable dairy desserts registered a decrease in retail volume terms in 2022, but a modest rebound is expected in 2023. During the second half of 2022, the second leading player Cooperativa Nacional de Productores de Leche (Conaprole)…

Evaporated milk is Peru’s most popular dairy product. However, it is increasingly getting bad press, as consumers realise how unhealthy the ingredients are. As such, evaporated milk has registered volume decline in recent years and is also expected…

After a decline in supply in 2022, improved milk production is pushing retail volume sales back into growth in 2023. Conflict between the leader supplier Cooperativa Nacional de Productores de Leche (Conaprole) and trade unions reduced the supply of…

Shelf stable milk continues to benefit from the decline in consumption of evaporated milk. Consumers are increasingly switching to shelf stable milk, as it is healthier and the range is also increasing, in terms of packaging formats, as well as…

In 2023, dairy products and alternatives registered modest growth in volume terms, following a contraction in 2022. The poor performance in both years can be partly explained by a conflict between the leading company Cooperativa Nacional de…

The dairy sector continues to be under strain in Peru in 2023 and while current value is expected to grow, volume sales are expected to fall, dragged down by the weak performance of evaporated milk, which is Peru’s most popular dairy product. This…

Per capita cheese consumption in Uruguay is among the highest in Latin America and the world, due to its long tradition of cheese production. After a soft contraction in 2022, retail volume sales is expected to achieve positive growth in 2023.…

While current value sales of cheese is expected to grow in 2023, constant value sales are expected to fall. This weak performance is reflected in the economy, which contracted in the first half of 2023. An unpopular government, bad weather, high…

Butter and spreads registered a modest increase in retail volume terms in 2022 and a similar performance is expected in 2023. As a mature category, there is little room for growth in butter and spreads. However, the category experienced high demand…

Even though consumers are increasingly aware of the health benefits of butter, margarine and spreads continues to account for most volume sales and registers the highest value and volume growth in 2023. Consumers are price sensitive, as the economy…