Definition:
Yogurt substitutes are non-dairy alternatives to traditional yogurt. They are made from plant-based ingredients, such as soy, coconut, almonds, or cashews. These substitutes aim to replicate the taste, texture, and nutritional properties of dairy yogurt without using any animal-derived ingredients. This makes them suitable for vegans, lactose intolerant individuals, those with dairy allergies, and/or people who simply wish to reduce their consumption of animal products. Yogurt substitutes often contain probiotics to promote gut health, and similarly to dairy-based yogurts, they can be used in various dishes and recipes.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.
For more information on the displayed data, click the info button on the right side of each box.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Yogurt Substitutes Market in Central Africa is experiencing subdued growth due to factors such as low consumer awareness, limited availability of substitutes, and high cost of production. Despite this, the market is expected to grow moderately in the coming years, driven by increasing health consciousness and the convenience of online shopping.
Customer preferences: As consumers become more health-conscious, there has been a growing demand for plant-based yogurt substitutes in Central Africa. This trend is driven by cultural preferences for dairy-free options and a growing awareness of the environmental impact of dairy production. Additionally, with an increasing number of individuals adopting vegan and vegetarian lifestyles, there is a shift towards plant-based alternatives in the Yogurt Substitutes Market. This is further fueled by a rise in lactose intolerance and a desire for healthier, more sustainable food options.
Trends in the market: In Central Africa, the Dairy Products & Eggs Market is witnessing a rise in demand for yogurt substitutes, driven by a growing health-conscious consumer base. With a shift towards plant-based diets, there is a rise in the production and consumption of dairy-free alternatives such as soy, coconut, and almond yogurt. This trend is expected to continue in the coming years, driven by the increasing prevalence of lactose intolerance and veganism. This presents new opportunities for industry stakeholders to tap into this growing market and diversify their product offerings. Additionally, the rise of e-commerce and online grocery shopping in the region is expected to further boost the demand for yogurt substitutes.
Local special circumstances: In Central Africa, the Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the region's unique cultural preferences and dietary habits. Traditional fermented dairy products, such as amasi and mursik, are popular alternatives to yogurt. Additionally, limited access to refrigeration and a largely rural population drive demand for shelf-stable yogurt substitutes. Regulatory challenges, such as lack of standardization and strict import regulations, also play a significant role in shaping the market dynamics. These factors create a highly localized and competitive market for yogurt substitutes in Central Africa.
Underlying macroeconomic factors: The Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market in Central Africa is heavily influenced by macroeconomic factors such as economic stability, government policies, and consumer spending habits. The region's economic growth and stability have a significant impact on market performance, as it affects consumer purchasing power and demand for dairy alternatives. Additionally, government initiatives promoting healthy eating habits and investments in the food industry have led to the growth of the market. Furthermore, global health trends, such as the increasing demand for plant-based products, have also contributed to the increasing popularity of yogurt substitutes in the region.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights