Yoghurt and sour milk products is anticipated to see sustained retail volume and value sales (at constant 2022 prices) growth over the forecast period. Yet, volume sales growth is expected to be higher than constant retail value sales growth, although both future volume and value CAGRs will be higher than that of the review period.
There is a growing number of middle and high-income Bolivian consumers, especially urban consumers that are interested in products that adapt to their preferences and nutritional needs. As such, these consumers continue to migrate from conventional yoghurt to other products that are considered healthier, such as reduced fat, added probiotics or Greek yoghurt with a higher protein content.
During the review period more artisanal yoghurt and sour milk products became more readily available in Bolivia. These are mostly sour milk products, namely kefir, made from milk sourced from sustainable and environmentally conscious farms with cows that are grass fed.
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This is the aggregation of sour milk products and yoghurt. Note: Plant-based yoghurt and sour milk products should be excluded from this category and tracked under plant-based yoghurt.
See All of Our DefinitionsThis report originates from Passport, our Yoghurt and Sour Milk Drinks research and analysis database.
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