The forecast period is expected to see substantial sales growth in plant-based dairy Ireland. Despite several years of very strong growth, sales are still rising from a relatively low base and it is likely that there is considerable room for further growth via the expansion of the consumer base for plant-based dairy products.
Innovation is expected to be a crucial element in the success of plant-based dairy in Ireland over the forecast period, with investment in the development of attractive new products likely to be matched by investment in marketing campaigns to promote the advantages of these new products. This is likely to result in an expansion of the range of products available in the category.
As mentioned above, innovation is set to remain a crucial element of plant-based dairy during the forecast period. However, with the cost of doing business likely to continue rising, it is anticipated that increasing research and development costs will hinder the development of plant-based dairy in Ireland, undermining the potential for the category to generate high sales growth via interesting and innovative products.
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Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in Ireland 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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