Definition:
The Yogurt market covers products that are created by allowing bacteria to convert lactose found in milk into lactic acid resulting in a thickened, sour-tasting dairy product.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. 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.
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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: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Yogurt Market in Bahrain has experienced minimal growth due to factors such as low consumer awareness, limited availability of online services, and traditional preferences for dairy products. However, with increasing health consciousness and growing demand for healthier snack options, the market is expected to see a gradual growth in the near future.
Customer preferences: With the rise in health consciousness, consumers in Bahrain are turning towards healthier yogurt options, such as Greek yogurt and dairy-free alternatives. This trend is fueled by a growing demand for plant-based and lactose-free products, as well as a preference for organic and locally sourced ingredients. Additionally, the popularity of yogurt as a probiotic and protein-rich snack has also contributed to its growth in the market. These shifts in consumer preferences highlight a growing focus on wellness and sustainability in the food industry.
Trends in the market: In Bahrain, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is experiencing a rise in demand for Greek yogurt, as it is perceived as a healthier alternative to traditional yogurt. Additionally, there is a growing trend of incorporating yogurt into savory dishes, such as dips and marinades. This trend is expected to continue, driven by the increasing health consciousness among consumers. As a result, there is a potential for market players to diversify their product offerings and tap into this emerging trend. Furthermore, with the rise of social media influencers promoting yogurt-based recipes, there is an opportunity for industry stakeholders to leverage digital marketing strategies to reach a wider audience and boost sales.
Local special circumstances: In Bahrain, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's cultural and religious practices. As a predominantly Muslim nation, the demand for halal-certified dairy products is high, leading to a focus on halal production processes and ingredients. Additionally, the country's hot climate and traditional diet also contribute to the popularity of yogurt, as it is a refreshing and nutritious option. The government's strict regulations on food safety and labeling also play a crucial role in shaping the market dynamics.
Underlying macroeconomic factors: The Yogurt Market of the Dairy Products & Eggs Market within The Food market in Bahrain is heavily influenced by macroeconomic factors such as consumer preferences, government regulations, and economic stability. With the increasing trend towards health-conscious eating, there is a growing demand for low-fat and probiotic yogurt products. The government's efforts to promote healthy eating habits and regulate food safety standards have also positively impacted the market. Furthermore, the stable economic climate and rising disposable income of the population have increased the purchasing power of consumers, leading to a higher demand for premium yogurt products.
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