Cream is well-established as a staple ingredient in New Zealand cuisine, and it is also used in coffee, particularly by consumers who use cream instead of milk when preparing coffee as part of the popular keto diet. However, cream is also a category with a near direct substitute plant-based product which is already well-established in the local market – coconut cream.
In addition to the expectation that the largest category in other dairy, cream, will face challenges related to consumer preference shifting away from dairy products, the maturity, lack of dynamism and weak innovation opportunities in the remaining other dairy categories is also expected to contribute to weak retail volume growth over the forecast period. Cost-of-living pressures are expected to intensify over the early stages of the forecast period, with rising interest rates and sustained high levels of inflation likely to place considerable pressure on household budgets.
The COVID-19 pandemic, related trading restrictions and border closures decimated the local hospitality and foodservice industries over the past two years. New Zealand’s cautious approach to reopening, combined with its major tourist source market, China, continuing its COVID-19 elimination strategy, has meant that foodservice sales have yet to return to pre-COVID level.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Other Dairy industry in New Zealand 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 Other Dairy industry in New Zealand, 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 chilled and shelf stable desserts, chilled snacks, coffee whiteners, condensed/evaporated milk, cream, and fromage frais and quark.
See All of Our DefinitionsThis report originates from Passport, our Other Dairy research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!