Key Trends Driving Dairy Products and Alternatives
18 Sep 25In 2025, the global retail value of dairy products and alternatives is projected to reach USD705.5 billion, growing by 2.0% in constant terms and 6.4% in current terms (fixed 2025 exchange rates), with pricing playing a central role. Amid volatile production costs and shifting consumer lifestyles and priorities, Euromonitor has identified five key trends shaping the industry’s future.
Maria Mascaraque
Winning E-Commerce Strategies for Grocery Retailers: Learnings from Plant-Based Dairy in the UK
16 Dec 24The cost-of-living crisis has forced more price-conscious purchasing decisions among consumers in the UK. Value-orientated retail channels such as discounters have recorded significant gains, accompanied by growth of private label products. In contrast, retailers operating in the higher price tier have experienced a slowdown in sales, and brands have struggled to stand out in the intensified value-driven competition.
Margaux Laine
Three Strategies to Drive Growth in Asia’s Dairy Market
6 Dec 24The dairy market in Asia Pacific is underdeveloped relative to other regions, with huge potential for further growth. There are short-term challenges, with retail volume and value growth in Asia Pacific low from 2023 to 2024. To win over value-seeking Asian consumers in the face of economic uncertainty, brands must seek ways to introduce relevant products that complement local cuisines and help to enhance lifestyles.
Emil Fazira
The Key Trends Shaping Dairy Products and Alternatives into 2025
22 Nov 24As 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 affordability, and dairy products are increasingly being integrated into fast-growing snacking occasions driven by busy lifestyles.
Andres Chehtman
Wellness is a Lifestyle: How to Meet Consumer Demands
30 Jan 24Join four of our leading experts as they delve into the evolving landscape of health and wellness, focusing on its expansion from a trend to a consumer lifestyle. Key topics include the Blurring of Wellness Concepts, Women’s Health, Self-Care at Home and the Evolution of Health-Conscious Eating.
Euromonitor International
Five Key Trends Shaping Dairy Products and Alternatives
11 Dec 23The dairy products and alternatives industry is set to deliver strong value growth globally in 2022 of 7.5%, to reach retail value sales of USD642 billon. On the flip side, volumes are estimated to be down by -0.6%. This reflects how inflationary pressures are heavily impacting dairy prices as farmers face increased cost for the production of dairy, including fertilisers, feed and fuel.
Maria Mascaraque
Redefining Dairy and Alternatives Through Innovation
21 Apr 23Innovation is crucial to reverse volume decline and to build added value in the dairy industry that consumers are willing to pay extra for. This includes developing new products that meet changing consumer preferences, such as healthier and functional offerings as well as plant-based alternatives.
Maria Mascaraque
Top Food Trends from the 2022 National Restaurant Association Show
7 Jun 22The National Restaurant Association (NRA) Show took place in Chicago from 21-24 May 2022. As the foodservice industry recovers from the challenges of the pandemic, companies are focused on innovation to drive business. The show hosted attendees from around the world and featured the latest developments in food, drinks, packaging, and technology for the restaurant industry. Euromonitor International analysts attending the show observed several key trends driving innovation.
Anne Scott Livingston
Five Consumer Trends to Inform Dairy Innovation
23 Mar 22From where consumers eat and work, to where and how they shop, the pandemic has brought about a wave of change in lifestyles, and the dairy industry has not been unaffected. In this article we provide a snapshot overview of five key consumer trends that have evolved over the last 18 months, and how they present opportunities for dairy NPD pipelines and channel innovations.
Euromonitor International
植物基食品，真的是健康帮手吗？
18 Mar 22疫情期间，许多常规的习惯不得不改变，日常使用的产品也要重新考虑。由于免疫力、肥胖和其他潜在健康因素都可能与新冠感染有关，所以更多消费者期望通过饮食改善健康。同时，长达数月的在家隔离和休息使很多人重新思考卡路里摄入、消化问题和增肥对整体健康的影响。
Simona Bernatonyte
The Fight Against Food Waste
11 Feb 22In a time when the world is striving to create a balance between sustainability and profitability, a challenge such as food waste can severely undermine these efforts. With recent advancements in sustainable development and increased international pressure on countries to play a role in mitigating associated risks, many countries are exploring novel ways to reduce food waste.
Somaia Basha
Trends to Watch in Plant-Based Milk
17 Dec 21Plant-based alternatives have revolutionised the food industry, and demand has skyrocketed in the last few years. 42% of global consumers now say that they are restricting their animal-based consumption, so manufacturers have risen to the challenge by developing new products and extending ranges. The plant-based dairy industry is particularly significant, with global sales of USD20 billion.
Maria Mascaraque
Plant-Based Alternatives: Health Boost vs Ultra-Processing
3 Dec 21During the pandemic conventional dietary habits were challenged, and daily use products were reconsidered. Consumers’ expectations of gaining some health-boosting benefits from food increased, as it appeared that immunity, obesity and other underlying health factors could be key when faced with COVID-19.
Simona Bernatonyte
The Role of Health Claims for Infant Milk Formula in Asia
5 Nov 21Consumers are increasingly sensitive to health claims, particularly when it comes to the diet and health of young children. By analysing pricing trends alongside the prevalence of key product attributes, businesses can identify where the biggest opportunities lie for innovation, product development and ultimately, growth.
Daegal Leung
Impact of HFSS Legislation on Food and Drink in the United Kingdom
28 Oct 21The British Government’s anti-obesity regulation on products high in fat, sugar and salt (HFSS) is likely to impact packaged food and soft drinks, both in terms of brands and consumers. Although the new legislation might come as a hindrance for some categories, it might also offer an opportunity for others.
Natalia Theofilopoulou
The Evolution of Eating Occasions
22 Oct 21Eating occasions have evolved significantly. Changes in consumer habits - and the concept of the home as a hub - will have a key influence in shaping eating habits over the next few years. Meanwhile, experiential dining out and food discovery at specialist retailers have been under threat, leading to a surge in experimentation at home. Value for money positioning is more important than ever as consumers seek novel experiences despite tightened budgets. Here we examine the drivers and innovation examples that businesses can benefit from in line with these evolving eating occasions.
Emil Fazira
Food Professionals Predict Lasting Coronavirus Impact
28 Sep 21As the pandemic has impacted our lives, so it has impacted our food choices. Coronavirus (COVID-19) continues to shape our environment, accelerating and consolidating emergent trends into longer term probabilities. The pre-pandemic "normal" for eating out is unlikely to return for some years to come, and three in four food industry professionals think that health and wellness will remain a paramount concern through to 2025.
Tom Rees
Permanent Work Shift Moves Lunch Occasions to The Home
26 Sep 21Working-from-home is likely to remain a lasting trend, which companies need to address. For food, this primarily means that more lunches are being eaten at home. Consumers will have less need for lunch restaurants and more need for ready meals, time-saving cooking solutions, home delivery of meals and retail food for cooking.
David Ingemar Hedin