Plant-based dairy is set to gain substantial ground on dairy over the forecast period, with a very strong performance expected in retail volume and value terms. In particular, plant-based milk is expected to generate very strong sales growth as consumers increasingly eschew drinking milk products in favour of soy drinks and other plant-based milk , largely on the basis of concerns over the negative health impacts of lactose consumption, as well as increasing animal welfare and ecological concerns in relation to the dairy production industry.
Other plant-based milk is set to remain the most dynamic product category within plant-based dairy over the forecast period. In particular, the rising popularity of almond milk and rice milk is expected to underpin a strong performance for other plant-based milk, with growth in demand for these products set to be driven by changing attitudes towards drinking milk products and a deepening of the health and wellness trend.
While other plant-based milk is expected to be the most dynamic category of plant-based milk over the forecast period, soy drinks is set to maintain its status as the leading category of plant-based milk. Indeed, soy drinks are set to register strong sales growth over the forecast period as the category shows few signs of maturity or saturation despite it having been present in Bosnia and Herzegovina for many years already.
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Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in Bosnia and Herzegovina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
See All of Our DefinitionsThis report originates from Passport, our Plant-based Dairy research and analysis database.
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