Dairy Products and Alternatives

Drinking milk is increasingly seen as an essential food for children and young adults in Vietnam, especially in urban areas. This is making the category more attractive for investors. As drinking milk products are perceived to be an important source…

Drinking milk is expected to register both healthy current value and volume growth, with a growing population supporting volume sales. While inflation is still high, it is easing. Shelf stable continues to account for most volumes sales through…

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…

When it comes to drinking milk products sales are dominated by cow’s milk. Cow’s milk has maintained relatively stable per capita consumption in Ukraine with it being a core basket product. The sharp drop in volume sales seen in 2022 was the result…

Over 2023, the average retail current unit price of drinking milk products is projected to a see triple-digit increase. This notable price surge can be primarily attributed to the substantial devaluation of the Turkish lira. The prices of raw milk…

Semi skimmed shelf stable milk experienced a significant decline in volume of 30% in 2022, largely due to the shortage of milk production by farmers and financial challenges. This decline has significantly impacted the Tunisian dairy sector, with…

In a cross-category trend, we are seeing unit price hikes supporting value sales in drinking milk products, while volume remains in a slump due to the same inflationary pressures. For most of the food industry, 2022 was a year of declining volumes…

The dairy industry was among the most severely impacted in 2022. The lingering impact of the pandemic, continued Brexit-related issues and most importantly, the start of the war in Ukraine, pushed up production costs with utilities, fertiliser, and…

In 2022, the price of fresh milk increased significantly, and this has continued into 2023. This growth is primarily being driven by pressures of inflation at various levels, which is being seen globally as an impact of the pandemic and other…

Drinking milk products represented the largest category within dairy products and alternatives, having accounted for more than 40% of retail volume sales in 2023. The market is characterised by the strong appeal of shelf stable milk, largely due to…