Key regions: Canada, Russia, United States, Japan, United Kingdom
The Yogurt Substitutes Market in Sudan has been experiencing minimal decline in growth due to factors such as increasing health consciousness and the convenience of online food services. This trend is impacting the market's growth rate.
Customer preferences: In Sudan, consumers are opting for plant-based yogurt substitutes instead of traditional dairy products, due to growing concerns about animal welfare and environmental sustainability. This trend is also seen in other countries, where consumers are actively seeking alternatives to dairy products for health and ethical reasons. This shift is driven by a growing awareness of the impact of dairy farming on the environment, as well as a rise in vegan and vegetarian lifestyles.
Trends in the market: In Sudan, the Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market is seeing a rise in demand for plant-based yogurt alternatives. With increasing health consciousness and dietary restrictions, consumers are turning towards non-dairy options made from soy, almond, and coconut milk. This trend is significant as it caters to the growing demand for healthier and more sustainable options. Industry stakeholders can capitalize on this trend by expanding their product portfolio to include a variety of yogurt substitutes, appealing to a larger consumer base. However, this may also lead to increased competition among brands in the market.
Local special circumstances: In Sudan, the Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market faces unique challenges due to the country's hot and arid climate, which affects the production and storage of dairy products. Additionally, cultural preferences for fermented milk products like 'laban' and 'ayib' have limited the demand for yogurt substitutes. Moreover, the regulatory environment for food safety and labeling in Sudan is still developing, which can impact the marketing and distribution of these products.
Underlying macroeconomic factors: The Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market is heavily impacted by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. Countries with stable economies and favorable fiscal policies are experiencing faster market growth compared to those with economic challenges. Additionally, the increasing health consciousness and preference for plant-based dairy alternatives are driving the demand for yogurt substitutes in Sudan. Moreover, the growing population and rising disposable income in the country are also contributing to the 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.
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