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Plant-Based Dairy in Spain

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    Report

  • 19 Pages
  • September 2023
  • Region: Spain
  • Euromonitor International
  • ID: 5738970
Plant-based dairy has been less affected by inflation because it does not depend on raw milk prices, which skyrocketed in 2022. Furthermore, the prices of other plant-based ingredients have remained within reasonable margins. Additionally, producers have been able to maintain prices due to their relatively high profit margins. Even though plant-based dairy products are generally more expensive than their standard dairy counterparts, inflation has had a positive effect to some extent.

The Plant-based Dairy in Spain 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: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

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

Why buy this report?

  • Get a detailed picture of the Plant-based Dairy 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

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Demand for plant-based milk continues to grow with prices less impacted by inflation
  • Competition continues to grow as companies see more potential in plant-based dairy
  • Plant-based cheese seeing rapid expansion
PROSPECTS AND OPPORTUNITIES
  • Plant-based dairy producers join forces and list demands
  • Competition in plant-based yoghurt expected to intensify as sales soar
  • Players expected to focus on communicating the similarities between dairy milk and plant-based milk to encourage consumption
CATEGORY DATA
  • Table 1 Sales of Plant-Based Dairy by Category: Value 2018-2023
  • Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023
  • Table 3 Sales of Other Plant-Based Milk by Type: % Value 2020-2023
  • Table 4 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
  • Table 5 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
  • Table 6 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
  • Table 7 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
  • Table 8 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN SPAIN
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 9 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
  • Table 10 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
  • Table 11 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
  • Table 12 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
  • Table 13 Penetration of Private Label by Category: % Value 2018-2023
  • Table 14 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
  • Table 15 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
  • Table 16 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources