Players will focus on a healthier positioning, with value-added benefits, over the forecast period. There will be an emphasis on yoghurt with less fat and sugar, as well as a focus on simple ingredients, and consumers will increasingly pay attention to labels.
The Costa Rican dairy sector operates in an environment of high state protectionism. However, the Free Trade Agreement between the Dominican Republic, Central America (including Costa Rica) and the US means that import tariff reliefs will stagger down from 59.
The development of plant-based yoghurt alternatives (based on almonds, coconuts, and cashews) will continue gaining momentum over the forecast period. New added-value proposals will emerge from both smaller local players such as Kelkas and imported brands, with strong players emerging from the US, Mexico and Colombia to take advantage of free trade agreements and target a growing base of health-oriented consumers.
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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 Products research and analysis database.
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