Consumers will increasingly look for gut-health benefits from their yoghurt. This will benefit kefir, which currently only has limited shelf space, but this will increase over the forecast period.
Indulgent yoghurts will continue to gain value share, with an increasing array of inventive flavours. Dos Pinos has already had significant success with its ice cream flavoured yoghurts such as Baileys and the local brand Trits and the company will continue to drive innovation over the forecast period.
The development of plant-based and vegan yoghurt alternatives (based on almonds, coconuts and cashews) will continue gaining momentum over the forecast period, and even major players such as Dos Pinos will expand their portfolios accordingly. 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 Drinks research and analysis database.
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