Strong volume and value growth is expected in yoghurts over the forecast period due to rising interest and consumption levels. Innovation from leading and emerging brands will drive value sales alongside heavy advertising and promotional investments from industry players.
Costa Rican player Distribuidora Dos Pinos should gain value share over the forecast period, as it up its production from its local plant, which was opened in 2019. This development has eliminated the supply issues that can challenge imported brands, and Distribuidora Dos Pinos will seek to capitalise on this advantage in the coming years.
Yoghurt will continue to be popular over the forecast period and competitors will look to standout by driving innovation. New flavour offerings, added-protein such as with Greek yoghurt and lactose-free will be some of the areas of product development over the forecast period.
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Understand the latest market trends and future growth opportunities for the Yoghurt and Sour Milk Products industry in Guatemala with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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