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Dairy Products and Alternatives in Ecuador

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    Report

  • 61 Pages
  • September 2023
  • Region: Ecuador
  • Euromonitor International
  • ID: 5576743
Dairy products has been negatively impacted by the recent social problems that the country has endured. In mid-2022, an 18-day national strike greatly complicated the logistics chain. As milk is a perishable item, much of the industry’s raw material was wasted. At the time of writing, no new national strikes have been announced, therefore the market is expected to see an improved performance in 2023.

The Dairy Products and Alternatives in Ecuador report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in 2023 directly informs the forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Baby Food, Dairy, Plant-based Dairy.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Dairy Products and Alternatives market
  • Pinpoint growth sectors and identify factors driving change
  • Understand the competitive environment, the market’s major players and leading brands
  • Use five-year forecasts to assess how the market is predicted to develop
The analyst has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, The analyst has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2023: The big picture
  • Key trends in 2023
  • Competitive Landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 1 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
  • Table 2 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
  • Table 3 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
  • Table 4 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
  • Table 5 Penetration of Private Label by Category: % Value 2018-2023
  • Table 6 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
  • Table 7 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
  • Table 8 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
BABY FOOD IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Target market shrinking and high costs limit consumption
  • Parents leaving their homes creates new opportunities for baby food consumption
  • Growing-up milk formula holds the largest share of baby food sales
PROSPECTS AND OPPORTUNITIES
  • Focus on allergen-free, gluten-free baby food and specific needs of the baby
  • A challenging future with economic difficulties and declining birth rate
  • Rising presence of functional ingredients
CATEGORY DATA
  • Table 9 Sales of Baby Food by Category: Volume 2018-2023
  • Table 10 Sales of Baby Food by Category: Value 2018-2023
  • Table 11 Sales of Baby Food by Category: % Volume Growth 2018-2023
  • Table 12 Sales of Baby Food by Category: % Value Growth 2018-2023
  • Table 13 NBO Company Shares of Baby Food: % Value 2019-2023
  • Table 14 LBN Brand Shares of Baby Food: % Value 2020-2023
  • Table 15 Distribution of Baby Food by Format: % Value 2018-2023
  • Table 16 Forecast Sales of Baby Food by Category: Volume 2023-2028
  • Table 17 Forecast Sales of Baby Food by Category: Value 2023-2028
  • Table 18 Forecast Sales of Baby Food by Category: % Volume Growth 2023-2028
  • Table 19 Forecast Sales of Baby Food by Category: % Value Growth 2023-2028
BUTTER AND SPREADS IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Polarisation between butter and margarine
  • Stronger performance for butter with no national strikes
  • Inflation and the rise in the official cost of milk make the informal market more attractive
PROSPECTS AND OPPORTUNITIES
  • Moderate margarine growth
  • Special butter makes the category more appealing to consumers
  • Consumers opt for different products for specific needs
CATEGORY DATA
  • Table 20 Sales of Butter and Spreads by Category: Volume 2018-2023
  • Table 21 Sales of Butter and Spreads by Category: Value 2018-2023
  • Table 22 Sales of Butter and Spreads by Category: % Volume Growth 2018-2023
  • Table 23 Sales of Butter and Spreads by Category: % Value Growth 2018-2023
  • Table 24 NBO Company Shares of Butter and Spreads: % Value 2019-2023
  • Table 25 LBN Brand Shares of Butter and Spreads: % Value 2020-2023
  • Table 26 Distribution of Butter and Spreads by Format: % Value 2018-2023
  • Table 27 Forecast Sales of Butter and Spreads by Category: Volume 2023-2028
  • Table 28 Forecast Sales of Butter and Spreads by Category: Value 2023-2028
  • Table 29 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2023-2028
  • Table 30 Forecast Sales of Butter and Spreads by Category: % Value Growth 2023-2028
CHEESE IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Informal cheese consumption becomes more attractive
  • Spreadable cheese is thriving
  • Agreement with the EU helps to boost sales of mature cheese
PROSPECTS AND OPPORTUNITIES
  • Companies trying to push daily consumption of cheese
  • Wider variety for more knowledgeable consumers
  • A comprehensive strategy is needed to reduce the consumption of informally produced cheese
CATEGORY DATA
  • Table 31 Sales of Cheese by Category: Volume 2018-2023
  • Table 32 Sales of Cheese by Category: Value 2018-2023
  • Table 33 Sales of Cheese by Category: % Volume Growth 2018-2023
  • Table 34 Sales of Cheese by Category: % Value Growth 2018-2023
  • Table 35 Sales of Spreadable Processed Cheese by Type: % Value 2018-2023
  • Table 36 NBO Company Shares of Cheese: % Value 2019-2023
  • Table 37 LBN Brand Shares of Cheese: % Value 2020-2023
  • Table 38 Distribution of Cheese by Format: % Value 2018-2023
  • Table 39 Forecast Sales of Cheese by Category: Volume 2023-2028
  • Table 40 Forecast Sales of Cheese by Category: Value 2023-2028
  • Table 41 Forecast Sales of Cheese by Category: % Volume Growth 2023-2028
  • Table 42 Forecast Sales of Cheese by Category: % Value Growth 2023-2028
DRINKING MILK PRODUCTS IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • National strike and price rises impact sales
  • Bag presentation gains share as consumers seek to save money
  • Flavoured milk sales rebound
PROSPECTS AND OPPORTUNITIES
  • Informal market and low margins limit growth
  • Flavoured milk will continue to grow on-the-go
  • Milk alternatives pose a growing challenge to drinking milk
CATEGORY DATA
  • Table 43 Sales of Drinking Milk Products by Category: Volume 2018-2023
  • Table 44 Sales of Drinking Milk Products by Category: Value 2018-2023
  • Table 45 Sales of Drinking Milk Products by Category: % Volume Growth 2018-2023
  • Table 46 Sales of Drinking Milk Products by Category: % Value Growth 2018-2023
  • Table 47 NBO Company Shares of Drinking Milk Products: % Value 2019-2023
  • Table 48 LBN Brand Shares of Drinking Milk Products: % Value 2020-2023
  • Table 49 Distribution of Drinking Milk Products by Format: % Value 2018-2023
  • Table 50 Forecast Sales of Drinking Milk Products Products by Category: Volume 2023-2028
  • Table 51 Forecast Sales of Drinking Milk Products Products by Category: Value 2023-2028
  • Table 52 Forecast Sales of Drinking Milk Products Products by Category: % Volume Growth 2023-2028
  • Table 53 Forecast Sales of Drinking Milk Products Products by Category: % Value Growth 2023-2028
YOGHURT AND SOUR MILK PRODUCTS IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Health and wellness trend boosts plain and flavoured yoghurt
  • Rise in production costs and return of single-serve presentations boost unit price
  • New flavours appeal to consumers
PROSPECTS AND OPPORTUNITIES
  • Rising health consciousness to drive sales
  • Products for everyone
  • Rising demand for sour milk products
CATEGORY DATA
  • Table 54 Sales of Yoghurt and Sour Milk Products by Category: Volume 2018-2023
  • Table 55 Sales of Yoghurt and Sour Milk Products by Category: Value 2018-2023
  • Table 56 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2018-2023
  • Table 57 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2018-2023
  • Table 58 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2019-2023
  • Table 59 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2020-2023
  • Table 60 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2018-2023
  • Table 61 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2023-2028
  • Table 62 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2023-2028
  • Table 63 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2023-2028
  • Table 64 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2023-2028
OTHER DAIRY IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Cream is affected by logistics problems
  • Whipped cream increases its relevance
  • Lack of dynamism in coffee whiteners
PROSPECTS AND OPPORTUNITIES
  • Limited innovation and high prices impact coffee whiteners
  • Affordability and convenience push the growth of stand-up pouches
  • Moderate growth for cream
CATEGORY DATA
  • Table 65 Sales of Other Dairy by Category: Volume 2018-2023
  • Table 66 Sales of Other Dairy by Category: Value 2018-2023
  • Table 67 Sales of Other Dairy by Category: % Volume Growth 2018-2023
  • Table 68 Sales of Other Dairy by Category: % Value Growth 2018-2023
  • Table 69 NBO Company Shares of Other Dairy: % Value 2019-2023
  • Table 70 LBN Brand Shares of Other Dairy: % Value 2020-2023
  • Table 71 Distribution of Other Dairy by Format: % Value 2018-2023
  • Table 72 Forecast Sales of Other Dairy by Category: Volume 2023-2028
  • Table 73 Forecast Sales of Other Dairy by Category: Value 2023-2028
  • Table 74 Forecast Sales of Other Dairy by Category: % Volume Growth 2023-2028
  • Table 75 Forecast Sales of Other Dairy by Category: % Value Growth 2023-2028
PLANT-BASED DAIRY IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Rising health and environmental concerns benefit other plant-based milk
  • NotCo’s arrival drives sales
  • Terrafertil remains the outright leader in 2023
PROSPECTS AND OPPORTUNITIES
  • Plant-based milk will continue to grow thanks to healthy image
  • Growth limited by high prices
  • Dairy cheese and yoghurt are unlikely to be replaced by plant-based alternatives
CATEGORY DATA
  • Table 76 Sales of Plant-Based Dairy by Category: Value 2018-2023
  • Table 77 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023
  • Table 78 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
  • Table 79 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
  • Table 80 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
  • Table 81 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
  • Table 82 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028