Uruguay

In 2024, yoghurt and sour milk products in Uruguay is anticipated to see positive growth in retail volume terms for the second consecutive year. The resolution of conflicts between leading companies and trade unions, which had previously constrained…

In 2024, other plant-based milk categories, though starting from a low base, registered the most dynamic growth in retail volume terms in Uruguay. Almond milk remains the most popular option amongst local consumers, despite the availability of other…

In 2024, chilled and shelf-stable desserts in Uruguay is set to record positive but moderate growth in retail volume terms, largely due to rising health consciousness amongst consumers. Chilled and shelf-stable desserts underperformed during the…

In 2024, the sales of drinking milk products in Uruguay are expected to continue their contraction in retail volume terms, consistent with the trend observed during the latter years of the review period. This decline can be attributed to two key…

In 2023, purchasing power in Uruguay improved as salaries rose above inflation rates, a trend expected to continue in 2024, with even higher GDP growth than in the previous year and further salary increases. Despite this favourable economic…