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 Czechia has been steadily growing in the Dairy Products & Eggs Market, driven by increasing health consciousness and consumer demand for alternative options. However, the market's growth rate is minimal due to the dominance of traditional yogurt products and limited availability of substitutes.
Customer preferences: As the demand for plant-based and lactose-free options continues to rise, the Czechia yogurt substitutes market has seen a surge in sales. This trend is driven by the growing number of consumers seeking healthier and more sustainable food choices. Additionally, the rise of veganism and flexitarian diets has led to an increase in the availability and variety of yogurt substitutes, catering to diverse dietary preferences and requirements. Furthermore, the convenience and accessibility of these products through online channels have also contributed to their growing popularity.
Trends in the market: In Czechia, the Yogurt Substitutes Market within the Dairy Products & Eggs Market is seeing a rise in plant-based options, driven by the growing trend of veganism and lactose intolerance. This trend is expected to continue, with consumers becoming more health-conscious and environmentally aware. This has led to the introduction of innovative products such as coconut, almond, and soy-based yogurts, appealing to a wider audience. These developments have significant implications for industry stakeholders, as they may need to adapt their production processes and marketing strategies to cater to this emerging market segment. Additionally, there is a potential for collaborations and partnerships between traditional dairy companies and plant-based brands to capitalize on this trend.
Local special circumstances: In Czechia, the Yogurt Substitutes Market is influenced by the country's strong dairy industry and the cultural preference for dairy products. However, the market is also impacted by the growing trend of plant-based diets and the increasing demand for dairy-free options. This trend is further fueled by regulatory support for alternative dairy products, such as soy and almond milk. Additionally, the country's location in Central Europe allows for easy access to a variety of plant-based ingredients, contributing to the development of innovative and diverse yogurt substitutes.
Underlying macroeconomic factors: The Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market in Czechia is heavily influenced by macroeconomic factors such as consumer spending, inflation rates, and government policies. The country's stable economic growth and rising disposable income have led to increased consumer demand for healthier and more sustainable food options, driving the growth of the yogurt substitutes market. Moreover, the government's efforts to promote healthy eating habits and reduce dairy consumption are also contributing to the growth of this market. Additionally, the growing trend of plant-based diets and increasing awareness about lactose intolerance are further fueling the demand for yogurt substitutes in Czechia.
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