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
In Croatia, the Yogurt Market within The Food market is experiencing negligible growth. Factors such as health consciousness and convenience of online services are impacting this rate.
Customer preferences: As health and wellness continue to be top priorities for consumers in Croatia, there is a growing trend towards plant-based and low-sugar yogurt options. This is driven by an increasing awareness of the benefits of a plant-based diet and a desire for healthier snack options. Additionally, there is a shift towards organic and locally-sourced yogurt, reflecting a preference for sustainable and environmentally-friendly products. These changes in consumer preferences are also influenced by a growing interest in health and wellness, and a desire for products that align with a healthier and more mindful lifestyle.
Trends in the market: In Croatia, the Yogurt Market within the Dairy Products & Eggs Market is experiencing a shift towards healthier and more natural options, with an increasing demand for organic and plant-based yogurt. This trend is expected to continue as consumers become more health-conscious and seek out products with clean labels and minimal processing. As a result, industry stakeholders are investing in developing innovative and sustainable production methods, as well as expanding their product portfolios to cater to this evolving consumer preference. This presents opportunities for growth and differentiation in the market, while also posing challenges for traditional dairy players to adapt to changing consumer demands.
Local special circumstances: In Croatia, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's strong dairy tradition and cultural preference for fresh dairy products. Additionally, the demand for healthier and organic options has led to the emergence of small-scale, locally-sourced yogurt producers. These factors, coupled with the country's strict regulations on food quality and labeling, have created a unique market dynamic where locally-produced and high-quality yogurt products are highly sought after.
Underlying macroeconomic factors: The Yogurt Market of the Dairy Products & Eggs Market within The Food market in Croatia is influenced by macroeconomic factors such as consumer spending power, government policies, and economic stability. The country's strong agricultural sector and favorable trade policies have led to increased production and export of dairy products, including yogurt. Additionally, rising health consciousness and the trend towards healthier food options have also contributed to the growth of the yogurt market in Croatia. However, economic uncertainties and fluctuations in currency exchange rates can affect consumer purchasing power and ultimately impact market performance.
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