Dairy producers in Mexico have turned to product diversification to boost sales in the face of rising costs, weak purchasing power within lower income consumer groups and growing competition for the favour of more affluent...
Rising incomes in Latin America have led to a burgeoning yoghurt sector in a number of markets, attracting the likes of Danone, Fonterra and Nestle. However, with competition intensifying, with the macro-economic landscape mixed and with consumers showing an interest in moving to "better for you" options and different ways of consuming yoghurt, innovation will be key to help manufacturers stay ahead. Hannah Abdulla explores.
Arla Foods has invested significantly in overseas expansion, including in emerging markets, to look for avenues for future growth. The European dairy co-op's moves in developing markets have largely centred on Russia, China and Africa but it is also stepping up its activity in Latin America. Dean Best spoke to Arla executive vice president to find out more.
The lactose-free sector is a small niche segment in Latin America's dairy market. A communicable point of difference, high growth rates – albeit from a low base – and premium pricing could make it an appealing proposition for dairy manufacturers. But, in order to capitalise, processors must overcome some significant barriers to expansion. Katy Askew reports.