Plant-based cheese is projected to record the fastest growth in retail volume sales of any plant-based dairy category over the forecast period, albeit from a very low base. Its expansion will continue to be supported by the rising incidence of lactose intolerance among the Slovak population and further growth in the number of people adopting vegan or flexitarian diets for health reasons or due to concerns about the environment and animal welfare.
As competition in plant-based dairy categories intensifies in line with new entries, the forecast period should see manufacturers step up efforts to differentiate their brands. For example, it is expected more players will start specifically targeting vegan consumers and introduce health-oriented products that are made from all-natural or organic ingredients, fortified with essential vitamins and minerals etc.
For most of the review period, lactose-free traditional dairy products lost ground to plant-based alternatives. However, as soaring inflation eroded purchasing power, over 2021-2022 heightened budget-consciousness led many consumers to revert to lactose-free options, which are more affordable.
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Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in Slovakia 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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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 Definitions
This report originates from Passport, our Plant-based Dairy research and analysis database.
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