Yoghurt and sour milk is anticipated to register positive retail volume growth during the forecast period, with the category expected to continue recovering from the negative growth registered at the peak of the COVID-19 pandemic during 2020 and the first half of 2021. Demand is set to continue recovering, especially in the key category of drinking yoghurt, as consumers returned to their normal pre-pandemic daily routines.
By December 2022, all companies operating in Colombia’s packaged food industry were required to have complied fully with the recently passed legislation requiring clear and unambiguous labelling that denotes products with high levels of added sugar. It is anticipated that, in response to these legislative changes, the leading companies in yoghurt will look to reformulate their products in an effort to offer “clean label” products that conform to government guidelines for food products that are not required to carry a so-called “black seal” and in this way support demand.
The forecast period is not expected to see strong development of fortified/functional yoghurt in Colombia and health and wellness innovation in yoghurt is more likely to focus on better for you products with reduced sugar and reduced fat. The main reason for this is that there is low consumer awareness of the benefits of fortified/functional products that are positioned as supporting immune system function and/or improving gut health, which are the most relevant positionings for fortified/functional yoghurt.
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Understand the latest market trends and future growth opportunities for the Yoghurt and Sour Milk Drinks industry in Colombia 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 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 Definitions
This report originates from Passport, our Yoghurt and Sour Milk Drinks research and analysis database.
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