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 Czechia is experiencing minimal growth due to factors such as low consumer health awareness and lack of convenience in online services. Despite this, the market is still seeing some growth thanks to the increasing adoption of digital technologies.
Customer preferences: In Czechia, consumer preferences in the Yogurt Market of the Dairy Products & Eggs Market within The Food market are shifting towards healthier and more natural options. This trend is driven by the growing awareness of the health benefits of probiotics found in yogurt. Additionally, there is an increasing demand for lactose-free and plant-based yogurt alternatives, reflecting the rising popularity of plant-based diets. This shift is also influenced by the country's growing vegan and vegetarian population, as well as the rising concerns over animal welfare and environmental sustainability.
Trends in the market: In Czechia, the Yogurt Market within the Dairy Products & Eggs Market is experiencing a shift towards healthier and more diverse options, as consumers become more health-conscious. This trend is expected to continue, with yogurt brands introducing new flavors and ingredients to cater to changing preferences. Additionally, there is a growing demand for plant-based and lactose-free yogurt, driven by the increasing number of individuals adopting a vegan or dairy-free diet. This presents opportunities for industry stakeholders to innovate and expand their product offerings to meet these evolving consumer needs.
Local special circumstances: In Czechia, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's strong dairy farming industry and traditional dairy consumption. The demand for organic and locally-sourced products is increasing, driven by the country's cultural preference for fresh and natural foods. Additionally, the government's strict regulations on food labeling and quality control ensure that consumers have access to high-quality and authentic yogurt products. This unique combination of factors sets the Czech yogurt market apart from others, creating a strong and stable market for dairy companies to thrive in.
Underlying macroeconomic factors: The Yogurt Market of the Dairy Products & Eggs Market within The Food market in Czechia is greatly influenced by macroeconomic factors such as consumer spending, population demographics, and government policies. As a member of the European Union, Czechia benefits from stable economic growth and a favorable regulatory environment, which has attracted foreign investment in the dairy industry. Additionally, the growing health consciousness among consumers in the country has led to a rise in demand for healthier dairy products, including yogurt. Furthermore, the increasing disposable income and changing lifestyle patterns of the population have also contributed to the growth of the yogurt market in Czechia.
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