Key regions: Russia, Spain, South Korea, Philippines, United States
The Yogurt Market in Central Africa is experiencing subdued growth due to factors like low consumer health awareness and limited adoption of digital technologies. However, the convenience of online health services may drive future growth.
Customer preferences: As consumers in Central Africa become more health-conscious, there is a growing demand for yogurt as a healthier alternative to traditional dairy products. Additionally, there is a noticeable trend towards probiotic yogurt, as consumers become more aware of the benefits of gut health. Furthermore, with the rise of urbanization and busy lifestyles, there is an increasing preference for on-the-go yogurt products, such as drinkable and squeezable options. This shift in consumer preferences is also influenced by the growing popularity of Western dietary habits and the perception of yogurt as a trendy and modern food choice.
Trends in the market: In Central Africa, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards healthier options, with a growing demand for low-fat and plant-based yogurt products. This trend is in line with the global movement towards healthier eating habits and a focus on sustainability. As consumers become more health-conscious, there is also an increase in demand for yogurt with added probiotics and functional ingredients, such as collagen or hemp seeds. This presents opportunities for industry stakeholders to innovate and cater to the changing preferences of consumers, while also addressing concerns about environmental impact and animal welfare.
Local special circumstances: In Central Africa, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the region's limited access to refrigeration and cold storage facilities. This has led to a focus on shelf-stable yogurt products that can withstand the high temperatures and lack of reliable electricity in the region. Additionally, cultural preferences for fermented dairy products have contributed to the popularity of yogurt in Central African cuisine. Government regulations on food safety and labeling also play a significant role in shaping the market, with an emphasis on locally sourced and natural ingredients.
Underlying macroeconomic factors: The Yogurt Market of the Dairy Products & Eggs Market within The Food market is influenced by macroeconomic factors such as changing consumer preferences, economic growth, and government policies. Countries with a growing middle class and increasing disposable income are seeing a rise in demand for dairy products, including yogurt. Additionally, favorable government policies and investments in the dairy industry are driving the market growth. However, challenges such as fluctuating milk prices, supply chain disruptions, and changing consumer taste preferences can also impact the performance of the Yogurt Market.
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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