Volume sales of butter and spreads via foodservice will continue to grow over the forecast period, with sales expected to return to pre-pandemic levels by 2023. While the revival of tourism in the country will play a key role in this recovery, the uncertain economic situation will restrict potential growth.
Ecolat Uruguay SA is expected witness strong expansion over the forecast period, driven by the expansion of its Parmalat brand into the retail channel. Following on from its success in the foodservice channel, a 200g pack of Parmalat, appropriate for consumption within the home, has been introduced into retail chains such as Tineda Inglesa.
Cooking fats will remain the smallest product area of butter and spreads over the forecast period, with low volume sales compared with butter or margarine. Cooking fats are used only in a small number of dishes in the country, with consumers preferring to use butter 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.
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Butter and Spreads
This is the aggregation of butter, cooking fats and margarine and spreads.See All of Our Definitions
This report originates from Passport, our Butter and Spreads research and analysis database.
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