Yogurt - Burkina Faso | Statista Market Forecast

Revenue in the Yogurt market amounts to US$10.66m in 2024. The market is expected to grow annually by 6.41% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$46bn in 2024).
In relation to total population figures, per person revenues of US$0.45 are generated in 2024.
In the Yogurt market, volume is expected to amount to 9.39m kg by 2029. The Yogurt market is expected to show a volume growth of 5.4% in 2025.0.
The average volume per person in the Yogurt market is expected to amount to 0.3kg in 2024.

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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Natural/plain yogurt
Flavored yogurt (e.g. Vanilla yogurt, fruit-flavored yogurt)
Greek yogurt
Whole milk yogurt, low-fat yogurt, non-fat yogurt
Probiotic yogurt, lactose-free yogurt

Milk
Cream cheese
Cheese
Curdled milk
Butter milk
Yogurt drinks
Out-of-home consumption

The Yogurt Market in Burkina Faso has seen minimal growth, influenced by factors such as low consumer awareness of yogurt's health benefits and lack of availability in rural areas. However, with increasing health consciousness and development of distribution channels, the market is expected to grow steadily.

Customer preferences: As health and wellness become more prominent in Burkina Faso, there has been a growing trend towards healthier diets and lifestyles. This has led to an increase in demand for low-fat and sugar-free yogurt options. Additionally, there has been a rise in the popularity of traditional fermented yogurt, known as "dèguè," as it is seen as a healthier and more natural option. This shift towards healthier yogurt choices is driven by a desire for better nutrition and overall well-being among consumers in the country.

Trends in the market: In Burkina Faso, there is a growing demand for healthier food options, leading to an increase in the consumption of yogurt. This trend is driven by a rising awareness of the health benefits of yogurt, such as improving digestion and boosting immunity. Additionally, the increasing availability of flavored and fortified yogurt products is appealing to the growing youth population. This trend is expected to continue, with yogurt manufacturers expanding their product offerings and investing in marketing strategies to reach a wider consumer base. This presents opportunities for industry stakeholders to tap into the growing market and cater to the evolving preferences of consumers in Burkina Faso.

Local special circumstances: In Burkina Faso, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's agricultural landscape. With a large number of dairy farms and a growing demand for locally sourced products, Burkina Faso's yogurt market has seen significant growth in recent years. Additionally, cultural preferences for fresh and natural foods have also driven the popularity of yogurt, leading to a competitive market with a wide variety of flavors and brands. The country's regulatory environment, promoting small-scale farmers and local production, has also played a key role in shaping the dynamics of the yogurt market in Burkina Faso.

Underlying macroeconomic factors: The Yogurt Market in Burkina Faso is heavily influenced by macroeconomic factors such as consumer purchasing power, government policies, and international trade agreements. The country's economic growth and stability play a crucial role in consumer spending patterns and market demand for yogurt products. Additionally, favorable fiscal policies and investments in the dairy industry by the government can stimulate market growth. On the global scale, the increasing health consciousness and demand for healthy food options are driving the demand for yogurt products, making it a lucrative market for investors. However, factors like inflation, currency fluctuations, and supply chain disruptions can also impact the market performance in Burkina Faso.

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.