The outlook of plant-based dairy is bright over the forecast period. One factor that favours the growth of soy milk is extensive local soybean production, which enables local producers to offer soy milk at affordable prices.
Consumers and particularly younger consumers are increasingly health conscious, as well as environmentally conscious. Claims such as dairy-free, vegan, lactose-free, naturally healthy will increasingly hold sway over the forecast period.
Plant-based yoghurt could see some growth over the forecast period. Whie value sales are currently negligible, some small local companies have launched plant-based yoghurts, using local almond or coconut milk from the Bolivian Amazon.
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Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in Bolivia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
See All of Our DefinitionsThis report originates from Passport, our Plant-based Dairy research and analysis database.
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