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Yoghurt and Sour Milk Products in Belgium

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    Report

  • 20 Pages
  • August 2024
  • Region: Belgium
  • Euromonitor International
  • ID: 2515338
Volume sales of yoghurt and sour milk in Belgium continue to be impacted by high prices in 2024. This can be linked to the huge spike in milk prices during 2023, which have decreased slightly over 2024, but continue to hinder consumer demand. Many consumers still deemed yoghurt as less essential and prioritised spend on other food categories, including milk, fresh food and cooking ingredients.

The Yoghurt and Sour Milk Products 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 2019-2023, 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 directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Sour Milk Products, 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 Yoghurt and Sour Milk Products 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.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Marginal decline in yoghurt volumes as consumer remain price sensitive
  • Private label builds further value share
  • Protein innovations in drinking yoghurt
PROSPECTS AND OPPORTUNITIES
  • Flavoured and plain yoghurt to score positively over the forecast period
  • Health and wellness claims to lead innovation
  • Competition between private label and brands to intensify
CATEGORY DATA
  • Table 1 Sales of Yoghurt and Sour Milk Products by Category: Volume 2019-2024
  • Table 2 Sales of Yoghurt and Sour Milk Products by Category: Value 2019-2024
  • Table 3 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2019-2024
  • Table 5 Sales of Flavoured Yoghurt by Flavour: Rankings 2019-2024
  • Table 6 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2020-2024
  • Table 7 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2021-2024
  • Table 8 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2019-2024
  • Table 9 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2024-2029
  • Table 10 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2024-2029
  • Table 11 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2024-2029
  • Table 12 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2024-2029
DAIRY PRODUCTS AND ALTERNATIVES IN BELGIUM
EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2024: The big picture
  • Key trends in 2024
  • Competitive Landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 13 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
  • Table 14 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
  • Table 15 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
  • Table 16 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
  • Table 17 Penetration of Private Label by Category: % Value 2019-2024
  • Table 18 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
  • Table 19 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
  • Table 20 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources