Unit price growth will prevail in the forecast period, predominantly due to the continued struggle with domestic milk production and the recovering global supply chain. The inflationary environment suggests that cheese will continue to experience some price volatility, with further polarisation between private label and premium varieties expected.
Plant-based milk has shown significant growth over the review period, with more brands entering and expanding their portfolio in Colombia. Even though plant-based dairy alternatives is still a niche category in Colombia, and has not yet had a big impact on the dairy industry overall, the demand for plant-based products continues to grow and could pose a threat to the cheese category.
Colombia’s new product labelling system will be introduced in 2023, but is not expected to have a significant impact on demand for cheese in the forecast period. According to sources, dairy products were not initially included in the new food labelling regulations.
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Understand the latest market trends and future growth opportunities for the Cheese industry in Colombia 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 Cheese industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of hard, soft, spreadable and processed cheese (excl spreadable). Note: Non-dairy cheese substitutes are excluded from this category and tracked under plant-based cheese.See All of Our Definitions
This report originates from Passport, our Cheese research and analysis database.
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