Dairy Products and Alternatives

India remains the largest producer of milk in the world. The impact of high inflation on cattle feed in 2023 resulted in a hike in procurement costs for milk. In turn, major players hiked up their prices to end consumers, but demand for dairy…

Stubborn inflation and price rises remained a key trend in 2023, as in the previous year, taking its toll on the buying power of consumers in Pakistan. Retail volume sales have been affected alongside the performance of dairy manufacturers. In…

Dairy products and alternatives is witnessing a slowdown in retail volume growth and strong current value growth in 2023, amidst strong inflationary pressure and rising unit prices of dairy products. Production costs have remained high since the…

The presence of illicit trade, especially on the cheese landscape, is a rising threat against market development in 2023, with cheese coming from illicit markets being sold at far lower prices than cheese in formal retailing. The health and wellness…

Kazakhstan has strong trade links with Russia in particular and its war in Ukraine is negatively impacting the economy and leading to high inflation. While skyrocketing international oil and gas prices boosted the local economy, its usual outflow to…

2023 saw dairy plagued by supply chain issues and low consumer confidence. The government responded with attempts to improve the stability of the Iraqi dinar and policies to promote local production as foreign brands tend to offer basic products made…

Inflation and increasing production costs drove unit prices up in 2022 and this continued during the beginning of 2023. As a result, competition became more intense, as consumers paid attention to price points, working on reduced disposable budgets.…

Dairy products and alternatives is witnessing an increase in current retail volume in 2023, despite a significant rise in current retail value terms due to price increases. Prices have risen more than 60% in 2023, following several waves of increase…

Retail sales of dairy products and alternatives experienced a fairly static performance in current value terms in 2023, following the more significant decline of the previous year. This latter was predominantly due to disruptions caused by the…

In 2023, dairy products and alternatives registered modest growth in volume terms, following a contraction in 2022. The poor performance in both years can be partly explained by a conflict between the leading company Cooperativa Nacional de…

The health and wellness trend is driving the development of dairy products in Slovenia. Fat free or no added sugar products are popular and will likely remain a trend for the first few years of the forecast period. Cheese and yoghurt are perceived as…

Thriftier shopping habits continued to impact retail volume sales of dairy products and alternatives in 2023. Despite the implementation of government measures aimed at reducing the impact of energy prices on Slovak households, the rate of inflation…

In 2023, daily lifestyles returned to greater normality in terms of freedom of movement after the COVID-19 pandemic. Busier consumer lifestyles out of the home underpinned an increase in on-the-go consumption and the return to foodservice outlets.…

Dairy has remained resilient despite Lebanon’s economic crisis, a reflection of its status as the backbone of Lebanon’s agriculture sector. In some regions, dairy production accounts for 60% of all economic activity and this has spurred international…

Demand for dairy is growing among low socioeconomic groups thanks to its healthy image, despite the rising cost of living. Independent small grocers continue to characterise the distribution of dairy as modern retailing remains in its infancy,…

Sales of dairy products and alternatives achieved only moderate growth in 2023. However, the market was affected by inflationary pressures, particularly in the prices of imported products such as milk formula, a category that is solely dependent on…

In 2023, the dairy industry has recovered from the COVID-19 pandemic, however, now new challenges are being seen due to international inflation due to the rapidly increasing oil and fuel prices. This is resulting in lower-income consumers to…

The dairy products market has maintained healthy growth in Saudi Arabia in current value terms, mainly due to the high rate of inflation, and it is expected that the market will register a better performance in volume terms in 2023 as prices will see…

Retail sales of dairy products and alternatives in Portugal saw modest growth in volume terms in 2023, a slight improvement over the previous year. While inflationary pressures, driven by surging energy and food prices, receded slightly, demand was…

Dairy products and alternative is expected to register current value and volume growth, though inflation continues to hit companies’ profitability, with constant value sales expected to fall.