Dairy in Uruguay

Dairy in Uruguay - Category analysis

Butter and Spreads

KEY DATA FINDINGS

2020 IMPACT

Increased cooking and baking benefits sales of butter and spreads during confinement

Cooperativa Nacional de Productores de Leche dominates butter in 2020 with its strong presence

E-commerce gathers pace amidst purchasing power is decreased by the pandemic

RECOVERY AND OPPORTUNITIES

Post-quarantine economic crisis will impact the sales of butter and spreads

Margarine and spreads will be favoured over butter by cash-strapped consumers

Cooking fats will continue to be unpopular in Uruguay

CATEGORY DATA

Table 1 Sales of Butter and Spreads by Category: Volume 2015-2020
Table 2 Sales of Butter and Spreads by Category: Value 2015-2020
Table 3 Sales of Butter and Spreads by Category: % Volume Growth 2015-2020
Table 4 Sales of Butter and Spreads by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Butter and Spreads: % Value 2016-2020
Table 6 LBN Brand Shares of Butter and Spreads: % Value 2017-2020
Table 7 Distribution of Butter and Spreads by Format: % Value 2015-2020
Table 8 Forecast Sales of Butter and Spreads by Category: Volume 2020-2025
Table 9 Forecast Sales of Butter and Spreads by Category: Value 2020-2025
Table 10 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Butter and Spreads by Category: % Value Growth 2020-2025

Cheese

KEY DATA FINDINGS

2020 IMPACT

Soft cheese benefits from many consumers spending extended periods at home

Domestic player Pili in financial difficulties

Inflated prices lead to lower demand amidst the COVID-19 pandemic

RECOVERY AND OPPORTUNITIES

Demand for cheese will continue to suffer as a result of the complex economy post-quarantine

Healthy attributes of spreadable processed cheese will not be enough to counteract the complex economic backdrop

Cheese will be largely unimpacted by the pandemic over the forecast period as a whole, as it is a staple food product

CATEGORY DATA

Table 12 Sales of Cheese by Category: Volume 2015-2020
Table 13 Sales of Cheese by Category: Value 2015-2020
Table 14 Sales of Cheese by Category: % Volume Growth 2015-2020
Table 15 Sales of Cheese by Category: % Value Growth 2015-2020
Table 16 Sales of Spreadable Processed Cheese by Type: % Value 2015-2020
Table 17 NBO Company Shares of Cheese: % Value 2016-2020
Table 18 LBN Brand Shares of Cheese: % Value 2017-2020
Table 19 Distribution of Cheese by Format: % Value 2015-2020
Table 20 Forecast Sales of Cheese by Category: Volume 2020-2025
Table 21 Forecast Sales of Cheese by Category: Value 2020-2025
Table 22 Forecast Sales of Cheese by Category: % Volume Growth 2020-2025
Table 23 Forecast Sales of Cheese by Category: % Value Growth 2020-2025

Drinking Milk Products

KEY DATA FINDINGS

2020 IMPACT

Shelf stable milk benefits from the stockpiling trend in March

Cooperativa Nacional de Productores de Leche continues dominating drinking milk due to its long standing presence

Economising becomes the most important factor shaping consumers’ shopping habits during the pandemic

RECOVERY AND OPPORTUNITIES

Flavoured milk drinks will recover immediately as consumers return to buying non-essential products

Milk alternatives will benefit from the growing health and wellness trend post pandemic

Full fat variants is expected to remain the most popular despite growing health concerns

CATEGORY DATA

Table 24 Sales of Drinking Milk Products by Category: Volume 2015-2020
Table 25 Sales of Drinking Milk Products by Category: Value 2015-2020
Table 26 Sales of Drinking Milk Products by Category: % Volume Growth 2015-2020
Table 27 Sales of Drinking Milk Products by Category: % Value Growth 2015-2020
Table 28 NBO Company Shares of Drinking Milk Products: % Value 2016-2020
Table 29 LBN Brand Shares of Drinking Milk Products: % Value 2017-2020
Table 30 Distribution of Drinking Milk Products by Format: % Value 2015-2020
Table 31 Forecast Sales of Drinking Milk Products Products by Category: Volume 2020-2025
Table 32 Forecast Sales of Drinking Milk Products Products by Category: Value 2020-2025
Table 33 Forecast Sales of Drinking Milk Products Products by Category: % Volume Growth 2020-2025
Table 34 Forecast Sales of Drinking Milk Products Products by Category: % Value Growth 2020-2025

Other Dairy

KEY DATA FINDINGS

2020 IMPACT

Cooking and baking trend benefits cream and condensed milk during home seclusion

Cooperativa Nacional de Productores de Leche continues to lead other dairy due to constant innovation

Chilled and shelf stable desserts suffers due to its unessential nature

RECOVERY AND OPPORTUNITIES

Coffee whiteners will underperform due to the growing health and wellness trend

Fromage frais and quark is not expected to become popular in Uruguay

Inflated prices will impact consumer shopping habits over the forecast period

CATEGORY DATA

Table 35 Sales of Other Dairy by Category: Volume 2015-2020
Table 36 Sales of Other Dairy by Category: Value 2015-2020
Table 37 Sales of Other Dairy by Category: % Volume Growth 2015-2020
Table 38 Sales of Other Dairy by Category: % Value Growth 2015-2020
Table 39 NBO Company Shares of Other Dairy: % Value 2016-2020
Table 40 LBN Brand Shares of Other Dairy: % Value 2017-2020
Table 41 Distribution of Other Dairy by Format: % Value 2015-2020
Table 42 Forecast Sales of Other Dairy by Category: Volume 2020-2025
Table 43 Forecast Sales of Other Dairy by Category: Value 2020-2025
Table 44 Forecast Sales of Other Dairy by Category: % Volume Growth 2020-2025
Table 45 Forecast Sales of Other Dairy by Category: % Value Growth 2020-2025

Yoghurt and Sour Milk Products

KEY DATA FINDINGS

2020 IMPACT

Plain yoghurt benefits from its healthy image during the pandemic

Groupe Danone expands its domestic production in order to export and meet international standards

Manufacturers prioritise high selling products admits the pandemic in a bid to continue generating money

RECOVERY AND OPPORTUNITIES

Yoghurt and sour milk products will perform well over the forecast period due to associated health benefits

New health warning labels to be introduced

Sour milk products not popular in Uruguay and is unlikely to make an impact

CATEGORY DATA

Table 46 Sales of Yoghurt and Sour Milk Products by Category: Volume 2015-2020
Table 47 Sales of Yoghurt and Sour Milk Products by Category: Value 2015-2020
Table 48 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2015-2020
Table 49 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2015-2020
Table 50 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2016-2020
Table 51 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2017-2020
Table 52 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2015-2020
Table 53 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2020-2025
Table 54 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2020-2025
Table 55 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2020-2025
Table 56 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2020-2025

Packaged Food in Uruguay - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Certain packaged foods register value decline due to restrictions in foodservice
Home delivery does not compensate for loss of business in foodservice
Foodservice in hotels suffer largest value sales decline

Category Data

Table 57 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 58 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 59 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 60 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 61 Sales of Packaged Food by Category: Volume 2015-2020
Table 62 Sales of Packaged Food by Category: Value 2015-2020
Table 63 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 64 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 65 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 66 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 67 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 68 Penetration of Private Label by Category: % Value 2015-2020
Table 69 Distribution of Packaged Food by Format: % Value 2015-2020
Table 70 Distribution of Packaged Food by Format and Category: % Value 2020
Table 71 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 72 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 73 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 74 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

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DISCLAIMER

SOURCES

Summary 1 Research Sources

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