Dairy Products and Alternatives in Sri Lanka

August 2024

Milk formula and growing-up milk formula remain the main focus of baby food in Sri Lanka. However, sales of milk formula are hindered by the fact that most mothers breastfeed beyond their children are one year old, with the majority breastfeeding during the night up to 18 to 24 months. Prepared and dried baby food remain small categories as mothers do not like feeding prepared packaged food to their children as they believe fresh food offers superior nutrition and quality. Moreover, a further hi

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Overview:

Understand the latest market trends and future growth opportunities for the Dairy Products and Alternatives industry in Sri Lanka with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.

If you're in the Dairy Products and Alternatives industry in Sri Lanka, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Dairy Products and Alternatives in Sri Lanka report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Dairy Products and Alternatives in Sri Lanka?
  • Which are the leading brands in Dairy Products and Alternatives in Sri Lanka?
  • How are products distributed in Dairy Products and Alternatives in Sri Lanka?
  • How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
  • What are the key health and wellness concerns driving, or challenging, sales in Dairy Products and Alternatives?
  • How significant are vegan and vegetarian dietary requirements in determining sales growth in Sri Lanka?
  • How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
  • Where is future growth expected to be most dynamic?
  • How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?

Dairy Products and Alternatives in Sri Lanka

Dairy products and alternatives in 2024: The big picture
Country background
Socioeconomic trends
Logistics/infrastructure
What next for dairy products and alternatives?
Chart 1 Dairy Products and Alternatives: Supermarket (a)
Chart 2 Dairy Products and Alternatives: Supermarket (b)
Chart 3 Dairy Products and Alternatives: Supermarket (c)
Table 1 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
Table 2 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
Table 3 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
Table 4 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
Table 5 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
Table 6 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
Table 7 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029

DISCLAIMER

2024 Developments
Prospects and Opportunities
Category Data
Table 8 Sales of Baby Food by Category: Volume 2019-2024
Table 9 Sales of Baby Food by Category: Value 2019-2024
Table 10 Sales of Baby Food by Category: % Volume Growth 2019-2024
Table 11 Sales of Baby Food by Category: % Value Growth 2019-2024
Table 12 NBO Company Shares of Baby Food: % Value 2020-2024
Table 13 LBN Brand Shares of Baby Food: % Value 2021-2024
Table 14 Forecast Sales of Baby Food by Category: Volume 2024-2029
Table 15 Forecast Sales of Baby Food by Category: Value 2024-2029
Table 16 Forecast Sales of Baby Food by Category: % Volume Growth 2024-2029
Table 17 Forecast Sales of Baby Food by Category: % Value Growth 2024-2029
2024 Developments
Prospects and Opportunities
Category Data
Table 18 Sales of Dairy by Category: Volume 2019-2024
Table 19 Sales of Dairy by Category: Value 2019-2024
Table 20 Sales of Dairy by Category: % Volume Growth 2019-2024
Table 21 Sales of Dairy by Category: % Value Growth 2019-2024
Table 22 NBO Company Shares of Dairy: % Value 2020-2024
Table 23 LBN Brand Shares of Dairy: % Value 2021-2024
Table 24 Forecast Sales of Dairy by Category: Volume 2024-2029
Table 25 Forecast Sales of Dairy by Category: Value 2024-2029
Table 26 Forecast Sales of Dairy by Category: % Volume Growth 2024-2029
Table 27 Forecast Sales of Dairy by Category: % Value Growth 2024-2029
2024 Developments
Prospects and Opportunities
The following categories and subcategories are included:

Dairy Products and Alternatives

    • Dried Baby Food
    • Prepared Baby Food
    • Other Baby Food
        • Liquid Standard Milk Formula
        • Powder Standard Milk Formula
        • Liquid Follow-on Milk Formula
        • Powder Follow-on Milk Formula
        • Liquid Growing-Up Milk Formula
        • Powder Growing-Up Milk Formula
        • Liquid Special Baby Milk Formula
        • Powder Special Baby Milk Formula
      • Butter
      • Cooking Fats
      • Margarine and Spreads
      • Spreadable Cheese
      • Processed Cheese excl Spreadable
        • Packaged Hard Cheese
        • Unpackaged Hard Cheese
      • Soft Cheese
        • Dairy Only Flavoured Milk Drinks
        • Flavoured Milk Drinks with Fruit Juice
            • Fat-free Fresh Milk
            • Semi Skimmed Fresh Milk
            • Full Fat Fresh Milk
            • Fat-free Shelf Stable Milk
            • Semi Skimmed Shelf Stable Milk
            • Full Fat Shelf Stable Milk
        • Goat Milk
      • Powder Milk
      • Sour Milk Products
        • Drinking Yoghurt
        • Flavoured Yoghurt
        • Plain Yoghurt
        • Chilled Dairy Desserts
        • Shelf Stable Dairy Desserts
      • Chilled Snacks
      • Coffee Whiteners
          • Flavoured Condensed Milk
          • Plain Condensed Milk
        • Evaporated Milk
      • Cream
        • Flavoured Fromage Frais and Quark
        • Plain Fromage Frais and Quark
        • Savoury Fromage Frais and Quark
      • Soy Drinks
      • Other Plant-based Milk
    • Plant-based Yoghurt
    • Plant-based Cheese
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This report originates from Passport, our Dairy Products and Alternatives research and analysis database.

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