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Plant-Based Dairy in Colombia

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    Report

  • 16 Pages
  • September 2023
  • Region: Colombia
  • Euromonitor International
  • ID: 5739011
Consumers have moved away from soy drinks and towards tastier plant-based milk based on almonds, oats, rice and coconut or blends, even though both segments are considered a niche, with a strong price barrier to overcome. Plant-based dairy has also benefited from low milk production in 2023 and the subsequent price inflation caused by shortages. Consumers have started to compare unit prices and perceive plant-based dairy to be a competitive offering with a higher healthy positioning.

The Plant-based Dairy in Colombia 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
  • Changing habits and taste drives sales of milk alternatives
  • Distribution is key to performance
  • Plant-based offerings expand despite economic pressures
PROSPECTS AND OPPORTUNITIES
  • Plant-based dairy can capitalise on health trend to achieve fast growth
  • Limited choice will hinder plant-based cheese
  • New entrants look to develop plant-based dairy
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 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
  • Table 4 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
  • Table 5 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
  • Table 6 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
  • Table 7 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN COLOMBIA
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 8 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
  • Table 9 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
  • Table 10 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
  • Table 11 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
  • Table 12 Penetration of Private Label by Category: % Value 2018-2023
  • Table 13 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
  • Table 14 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
  • Table 15 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources