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Plant-Based Dairy in Belgium

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    Report

  • 18 Pages
  • September 2023
  • Region: Belgium
  • Euromonitor International
  • ID: 5739020
Sales of plant-based dairy fluctuated significantly over the review period. During the peak of the pandemic, in 2020, volume sales shot up but then declined in 2021 and 2022. By the end of 2022, retail volume sales had largely returned to 2019 levels. Sales of plant-based dairy have returned to growth in retail volume terms in 2023.

The Plant-based Dairy in Belgium 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
  • Plant-based dairy returns to growth in 2023
  • Other plant-based milk outgrows soy drinks in 2023
  • Plant-based yoghurt and cheese becoming more popular
PROSPECTS AND OPPORTUNITIES
  • Plant-based dairy set for strong growth over the forecast period thanks to expanding offer and healthy image
  • Other plant-based milk set for dynamic growth thanks to healthy and sustainable image
  • Plant-based cheese set to remain niche, despite solid growth projections
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 BELGIUM
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