Plant-Based Dairy in Lithuania

September 2023 | 16 pages | ID: PDEF924820FEEN
Euromonitor International Ltd

Abstracts

Plant-based dairy recorded a positive sales performance towards the end of the review period, although growth rates during 2022 and 2023 were considerably slower than what was registered earlier in the review period. While demand for plant-based alternatives to traditional dairy products is definitely increasing among the top Lithuania, the expansion of the consumer base for these products is occurring at a slower pace than previously as a certain critical mass has been reached in terms of the n...

Euromonitor International's Plant-based Dairy in Lithuania 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 <|Year|> directly informs our 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.

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Contents

Plant-Based Dairy in Lithuania
Euromonitor International
September 2023

LIST OF CONTENTS AND TABLES

PLANT-BASED DAIRY IN LITHUANIA
KEY DATA FINDINGS

2023 DEVELOPMENTS

Further growth and development from a low sales base as demand evens out
Relatively low unit price growth supports rising sales in other plant-based milk
Plant-based yoghurt emerges strongly, although the category’s limitations are apparent
PROSPECTS AND OPPORTUNITIES
Sales growth in plant-based dairy set to be sustainable rather than spectacular
The position of private label in plant-based dairy set to continue improving
Expansion in the variety of products on offer has the potential to boost demand
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 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
Table 4 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
Table 5 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
Table 6 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
Table 7 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN LITHUANIA
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 8 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
Table 9 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
Table 10 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
Table 11 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
Table 12 Penetration of Private Label by Category: % Value 2018-2023
Table 13 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
Table 14 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
Table 15 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources