Plant-based dairy products will register moderate constant value and volume growth over the forecast period. This growth will be from a low base and the consumer base will continue to be the health-conscious consumer.
Unlike other dairy, plant-based dairy will remain solely in the hands of multinationals over the forecast period. As a result, all offerings will be imported and this will make plant-based even more vulnerable to the high inflationary environment over the forecast period.
Soy drinks is expected to drive overall growth for plant-based dairy over the forecast period. The product has grown well over the review period, except during periods of economic crisis, and benefits from its novelty as an alternative beverage, especially for consumers on-the-go.
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 Plant-based Dairy industry in Nigeria 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 Plant-based Dairy industry in Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!