Key regions: Canada, Russia, United States, Japan, United Kingdom
The Yogurt Substitutes Market in the UAE is experiencing minor growth, influenced by factors such as changing consumer preferences and increasing health consciousness. The convenience of online health services is also contributing to the market's growth.
Customer preferences: As health consciousness grows in the UAE, there is a notable shift towards plant-based yogurt substitutes in the Dairy Products & Eggs Market within The Food market. This trend is driven by the increasing popularity of vegan and vegetarian diets, as well as a desire for healthier and more sustainable options. Additionally, the rise in lactose intolerance and other dietary restrictions has also contributed to the demand for yogurt alternatives.
Trends in the market: In the United Arab Emirates, the Yogurt Substitutes Market within the Dairy Products & Eggs Market is experiencing a growing trend towards plant-based alternatives, driven by health-conscious consumers and the rise of veganism. This trend is expected to continue, with more companies launching new plant-based yogurt substitutes and expanding their distribution channels. Additionally, there is a growing demand for lactose-free and allergen-free options, presenting opportunities for manufacturers to cater to a wider range of dietary restrictions. These trends highlight the increasing importance of health and wellness in the region and the potential for growth in the yogurt substitutes market.
Local special circumstances: In the United Arab Emirates, the Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market is influenced by the high demand for healthy and alternative dairy products among the health-conscious population. This trend is driven by the country's increasing focus on wellness and healthy living, as well as the growing number of lactose-intolerant individuals. Additionally, the market is also affected by regulatory policies that promote the use of plant-based dairy alternatives, such as almond milk and coconut yogurt, in order to reduce the country's dependence on dairy imports.
Underlying macroeconomic factors: The Yogurt Substitutes Market within the Dairy Products & Eggs Market in the United Arab Emirates is influenced by various macroeconomic factors. The country's stable economic growth, favorable regulatory environment, and strong investments in the food industry have contributed to the market's growth. Additionally, the increasing health consciousness among consumers and the rising demand for dairy-free alternatives have also driven the growth of the yogurt substitutes market. However, fluctuations in global economic trends and changes in fiscal policies can impact the market's performance. Furthermore, the growing population and rising disposable incomes in the country are expected to further drive the demand for yogurt substitutes in the UAE.
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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