As global inflation and GDP growth rates decline, the dairy products and alternatives industry expects low value growth in 2024, although the forecast period looks more promising. In this context, private label is expanding as consumers prioritise afforda…
According to Euromonitor’s Economies and Consumers system, economic conditions in Brazil in 2024 have followed the positive patterns seen in 2023, driven by reduced borrowing costs and lower unemployment rates, resulting in robust domestic demand. In addi…
In the first quarter of 2024, Rio Grande do Sul, the southernmost state of Brazil, saw one of the biggest natural disasters in the history of the country. The state experienced heavy rain and flooding, leaving most municipalities underwater, and many thou…
The low availability of raw milk and difficulties in the supply chain of dairy products, especially in the wake of El Niño, has led to high and rising prices across other dairy. Companies have developed alternatives to bypass final prices hikes by launchi…
Alongside the challenges faced by the dairy industry in terms of milk supply difficulties, and thus higher costs, the differing production processes for yoghurt have increased costs for products that are often considered non-essential, and targeted toward…
Brazil’s weather patterns are affected by the alternating La Ninã and El Niño phenomena, which have had greater impacts in recent years. El Niño, which started in 2023 and continued in 2024, caused one of the biggest natural disasters in the history of th…
Less mature plant-based dairy categories in Brazil, such as other plant-based milk, and plant-based cheese, have experienced rapid growth in recent years, driven by a confluence of factors. Increasing consumer awareness of the environmental, health, and e…
Baby food is set to maintain solid retail current value growth in Brazil in 2024, with milk formula continuing to account for the highest share of sales. Despite ongoing discussions about the benefits of breastfeeding, milk formula maintains its relevance…
Brazil has been experiencing the impacts of strong natural phenomena since 2022, with La Ninã and El Niño manifesting opposite effects across the country. While the former brought heavy rains to the southeast and drought to the south, the latter, which st…
In 2024, inflation remained high in Ethiopia, boosting current value sales of dairy products but hindering retail volume growth, which was modest overall. Packaged butter and spreads experienced marginal decline, as many opted for lower-priced unpackaged …