Over the forecast period, consumer demand for plant-based dairy is set to continue to grow at a stable retail volume growth rate. Environmentally conscious consumers, vegetarians, and vegans will remain the most loyal consumers, driving the future growth of plant-based dairy products as they shift away from dairy products of animal origin.
Leading category players will increase their focus on innovation and launch new products to capture the attention of the growing consumer base. One main focus will be on introducing new flavours and ingredients in plant-based dairy products.
Over the forecast period, both other plant-based milk and soy drinks are set to maintain solid value growth thanks to stable consumer demand and moderately rising product prices. Consumer demand will largely be driven by health and wellness-minded consumers as well as environmentally conscious consumers, many of whom are vegetarians and vegans.
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Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in Bosnia and Herzegovina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
See All of Our DefinitionsThis report originates from Passport, our Plant-based Dairy research and analysis database.
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