Yogurt Substitutes - EMEA

EMEA

Highlights

Revenue in the Yogurt Substitutes market amounts to US$1.24bn 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$0.51 are generated in 2024.
In the Yogurt Substitutes market, volume is expected to amount to 255.70m kg by 2029. The Yogurt Substitutes market is expected to show a volume growth of 5.6% 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 demand for yogurt substitutes in the dairy products & eggs market within The Food market in EMEA has seen minimal growth. Factors such as shifting consumer preferences towards plant-based diets and rising health consciousness have impacted this slow growth rate. However, the introduction of innovative flavors and healthier options are expected to drive the market in the near future.

Customer preferences: The demand for plant-based yogurt substitutes is on the rise, as more consumers are adopting vegan and vegetarian diets. This trend is driven by a growing awareness of the environmental and health benefits of plant-based diets. Additionally, there is a growing demand for alternative dairy products among lactose-intolerant individuals and those with dairy allergies. This has led to the development of a variety of non-dairy yogurt options, including almond, coconut, and soy-based alternatives, catering to a diverse range of dietary preferences.

Trends in the market: In EMEA, the Yogurt Substitutes Market is experiencing a shift towards plant-based options, driven by increasing consumer demand for healthier and more sustainable products. This trend is expected to continue as more consumers adopt flexitarian and vegan diets. Additionally, the market is seeing a rise in innovative products such as dairy-free yogurts made from alternative ingredients like coconut milk and almond milk. These trends have significant implications for industry stakeholders, as they will need to adapt their product offerings and marketing strategies to cater to the changing consumer preferences and capitalize on the growing demand for yogurt substitutes.

Local special circumstances: In EMEA, the Yogurt Substitutes Market within the Dairy Products & Eggs Market is heavily influenced by cultural and dietary preferences. In countries like France and Italy, where dairy consumption is high, there is a growing demand for plant-based yogurt substitutes made from nuts or soy. On the other hand, in countries like Turkey and Greece, where dairy is a staple, there is a strong preference for traditional yogurt made from sheep or goat milk. This diversity in consumer preferences drives the market dynamics and product offerings in the region, making it a complex and ever-evolving market.

Underlying macroeconomic factors: The Yogurt Substitutes Market in EMEA is heavily influenced by macroeconomic factors such as consumer trends, government policies, and trade regulations. In recent years, the growing trend towards plant-based diets and increasing health consciousness among consumers have led to a rise in demand for yogurt substitutes in the region. Additionally, favorable government policies promoting dairy alternatives and increasing concerns over animal welfare have further boosted the market growth. However, the market is also impacted by fluctuations in global dairy prices and trade tensions among key players in the market, which can hinder market growth.

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.