In the short term, new players are expected invest in the butter category. At the end of 2022, the local company Jugos del Uruguay, specialising in juice production, purchased an industrial cheese and butter plant from Pili, a local company that closed due to severe financial problems.
Margarine and spreads is set to witness the most dynamic growth in retail volume terms over the forecast period. Rising consumer price sensitivity is set to boost demand for margarine and spreads, as it is a cheaper alternative compared to butter.
Sales of cooking fats will remain insignificant within butter and spreads over the forecast period, with low retail volume sales compared to butter or margarine and spreads and a very limited portfolio of brands. There is little tradition of using cooking fats in Uruguay and household penetration is extremely low, with consumers preferring butter, margarine and spreads or edible oils when preparing meals.
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Understand the latest market trends and future growth opportunities for the Butter and Spreads industry in Uruguay with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Butter and Spreads industry in Uruguay, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Butter and Spreads
This is the aggregation of butter, cooking fats and margarine and spreads.
See All of Our DefinitionsThis report originates from Passport, our Butter and Spreads research and analysis database.
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