Yogurt Substitutes - CIS

CIS

Highlights

Revenue in the Yogurt Substitutes market amounts to US$84.47m in 2024. The market is expected to grow annually by 6.29% (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$0.35 are generated in 2024.
In the Yogurt Substitutes market, volume is expected to amount to 16.37m kg by 2029. The Yogurt Substitutes market is expected to show a volume growth of 3.9% in 2025.0.
The average volume per person in the Yogurt Substitutes market is expected to amount to 0.1kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Yogurt Substitutes market in CIS is experiencing minimal growth due to factors such as increasing health consciousness among consumers and the convenience of online health services. Despite this, the market is expected to witness steady growth in the coming years.

Customer preferences: As consumers become more health-conscious, there is a growing demand for dairy-free and plant-based yogurt alternatives in the Yogurt Substitutes Market. This is driven by the rise of vegan and flexitarian diets, as well as concerns over lactose intolerance and environmental sustainability. Additionally, there is a growing trend towards clean label and natural ingredients, as consumers prioritize health and wellness in their food choices.

Trends in the market: In the CIS and Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market, there is a notable trend towards plant-based yogurt substitutes, driven by a rise in vegan and lactose-intolerant populations. This trend is expected to continue, with companies investing in new product development to meet the growing demand for dairy-free options. Additionally, there is a shift towards healthier and more sustainable options, with an emphasis on clean label, natural ingredients, and eco-friendly packaging. This trend is significant for industry stakeholders as it presents opportunities for growth and innovation, while also addressing consumer concerns about health and the environment. However, it may also pose challenges for traditional dairy companies, who may need to adapt to changing consumer preferences in order to remain competitive in the market.

Local special circumstances: In the CIS region, the Yogurt Substitutes Market is influenced by the strong demand for dairy-free and plant-based products, driven by the growing awareness of lactose intolerance and veganism. Additionally, government regulations promoting healthy food choices and sustainability practices have spurred the development of innovative yogurt alternatives. In contrast, the Yogurt Substitutes Market in Europe is driven by the preference for traditional dairy products and a more established market for plant-based options. This has led to a focus on product differentiation and distribution strategies to cater to the diverse consumer preferences in the region.

Underlying macroeconomic factors: The Yogurt Substitutes Market in the Dairy Products & Eggs Market within The Food market is heavily influenced by macroeconomic factors, such as consumer preferences, economic stability, and government policies. The increasing awareness about health and wellness, coupled with the rising demand for plant-based alternatives, is driving the growth of the market. Moreover, favorable government regulations promoting the consumption of dairy-free products and investments in sustainable food production are expected to further propel market growth. Additionally, the growing trend of veganism and lactose intolerance among consumers are also contributing to the increasing demand for yogurt substitutes in the market.

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.