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Dairy Products and Alternatives in Uruguay

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    Report

  • 59 Pages
  • September 2023
  • Region: Uruguay
  • Euromonitor International
  • ID: 5576801
In 2023, dairy products and alternatives registered modest growth in volume terms, following a contraction in 2022. The poor performance in both years can be partly explained by a conflict between the leading company Cooperativa Nacional de Productores de Leche and the trade unions. The conflict negatively impacted the supply of raw milk and as a consequence the production and distribution of many dairy products.

The Dairy Products and Alternatives in Uruguay 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 URUGUAYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Milk formula volume sales remain steady despite price increases
  • Prepared baby food is a developing niche
  • Dried baby food sees increase in retail volume sales
PROSPECTS AND OPPORTUNITIES
  • Liquid milk formula to remain a niche category
  • Multinationals to maintain firm lead in baby food
  • E-commerce to gain further value share but will remain limited
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 URUGUAYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Butter and spreads faces slowdown in volume growth
  • Health labelling is making consumers more health-conscious
  • Cooperativa Nacional de Productores de Leche consolidates its lead
PROSPECTS AND OPPORTUNITIES
  • Butter is attracting new players
  • Consumers stick to cheaper margarine and spreads
  • Cooking fats to remain a limited category
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 URUGUAYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Cheese consumption recovers in 2023
  • Cooperativa Nacional de Productores de Leche maintains its lead
  • Price rises caused by inflation and limited supply
PROSPECTS AND OPPORTUNITIES
  • New entrants expected to enter fragmented landscape
  • Moderate growth potential ahead for cheese category
  • Online cheese sales to gain further ground
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 URUGUAYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Recovery in volume sales as production improves
  • Inflation rates have little impact on milk prices
  • Flavoured milk drinks affected by black octagon labelling
PROSPECTS AND OPPORTUNITIES
  • Fresh milk to lose ground to shelf-stable milk
  • Product investments to support category growth
  • Parmalat Uruguay to make further gains in fresh 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 URUGUAYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Yoghurt and sour milk products witness a recovery in volume sales
  • Labelling laws lead to product reformulations
  • Parmalat Uruguay leaves yoghurt category
PROSPECTS AND OPPORTUNITIES
  • High protein yoghurt to remain a niche
  • Plain yoghurt to gain popularity in everyday diets
  • New entrants could threaten Cooperativa Nacional de Productores de Leche’s lead
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 URUGUAYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Chilled and shelf stable dairy desserts enjoy a rebound
  • Coffee whiteners witness volume decline
  • Foodservice sales to return to pre-pandemic levels
PROSPECTS AND OPPORTUNITIES
Cooperativa Nacional de Productores de Leche will continue to dominate sales amid increasing competition from Parmalat Uruguay SA
  • Lighter and low sugar cream and condensed milk variants to perform well
  • Cross-border shopping in Argentina is a threat to other dairy sales
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 URUGUAYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Plant-based dairy is led by plant-based milk
  • Strong growth in plant-based milk although prices are high
  • Fortylex SA dominates sales of plant-based dairy
PROSPECTS AND OPPORTUNITIES
  • New players expected to emerge in plant-based milk
  • Modern retailers to lead distribution of plant-based dairy
  • Foodservice to start introducing plant-based menu options
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