Dairy Products and Alternatives

Drinking yoghurt is the most popular product in Colombia due to its wide availability and penetration in retail outlets. Nonetheless, sour milk products are standing out with an increase in demand for functional products such as kefir which supports…

Plant-based dairy continues to see healthy value growth in Colombia in current terms although volume sales are set decline slightly in 2024. Other plant-based milk represents the largest product area, with almond milk and oat milk gaining at the…

The increase in milk prices has hit the other dairy category in Colombia, resulting in a slight decline in volume sales. Colombia’s dairy industry has been characterised by severe price increases in recent years, with products featuring milk as their…

In terms of consumer preferences, semi-skimmed shelf stable milk accounts for the largest proportion of drinking milk in volume terms, with the remainder mostly attributable to fat-free varieties. However full-fat milk brand Alquería has been evoking…

Inflationary pressures continue to impact dairy products and alternatives in Colombia, although to a lesser extent than in 2023. Consumer price sensitivity remained high limiting retail volume sales. However, the return of tourism and social…

Cheese prices in Colombia witnessed volatility over the review period due to rising production costs, reduced labour supply, and adverse weather conditions in some regions. The weaker profitability in cheese can be linked to reduced milk production…

Margarine is the preferred choice in Colombia and garners higher volume sales than butter and cooking fats in 2024. Overall, margarine has a healthier perception and is considered more versatile than butter. The strong volume performance compared to…

The significant decrease in birth rates in Colombia is supressing demand for milk formula. Women aged 20- 29 years are having fewer children or are refraining from starting families altogether. This can be attributed to the expense of raising…