Yogurt Substitutes - Burundi

Burundi

Highlights

Revenue in the Yogurt Substitutes market amounts to US$1.38m in 2024. The market is expected to grow annually by 8.35% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$470m in 2024).
In relation to total population figures, per person revenues of US$0.10 are generated in 2024.
In the Yogurt Substitutes market, volume is expected to amount to 169.40k kg by 2029. The Yogurt Substitutes market is expected to show a volume growth of 7.0% in 2025.0.
The average volume per person in the Yogurt Substitutes market is expected to amount to 0.0kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Yogurt Substitutes market in Burundi is slowly growing due to factors such as changing consumer preferences, health consciousness, and convenience of online services. However, the market's minimal growth is impacted by economic challenges and low product awareness.

Customer preferences: As consumers in Burundi become more health-conscious, there is a growing demand for dairy-free alternatives to traditional yogurt. This trend is driven by a shift towards plant-based diets and an increase in lactose intolerance. Additionally, the rise of veganism and environmental concerns have led to a greater preference for sustainable and ethical products. As a result, non-dairy yogurt substitutes such as coconut, soy, and almond yogurt are gaining popularity in the market.

Trends in the market: In Burundi, there is a growing trend towards plant-based diets, resulting in an increased demand for yogurt substitutes made from alternative ingredients like soy, coconut, and almond. This trend is driven by a combination of health concerns, environmental consciousness, and ethical considerations. As a result, the Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market is witnessing a shift towards more diverse and innovative product offerings. This trend is significant as it presents opportunities for industry stakeholders to tap into new markets and cater to evolving consumer preferences. However, it also poses challenges for traditional dairy companies, who may need to adapt their strategies to stay competitive in this changing landscape.

Local special circumstances: In Burundi, the Yogurt Substitutes Market is influenced by the country's limited dairy production and the high cost of importing dairy products. As a result, local alternatives such as sorghum-based yogurt and banana-based yogurt are popular among consumers. Additionally, cultural preferences for fermented foods have led to the growth of traditional yogurt substitutes made from cow and goat milk. The government's regulations on dairy imports also play a role in shaping the market, as they aim to protect local producers and promote self-sufficiency.

Underlying macroeconomic factors: The Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market in Burundi is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. Burundi's economy has been growing steadily in recent years, with increased investment in infrastructure and favorable regulatory conditions. However, challenges such as political instability and high poverty rates continue to impact the country's overall economic performance. These factors can affect consumer spending and demand for yogurt substitutes, as well as the overall competitiveness of the market. Additionally, the growing health consciousness and changing dietary preferences of consumers globally are driving the demand for healthier and plant-based alternatives, which is expected to positively impact the growth of the Yogurt Substitutes Market in Burundi.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.