Key regions: Russia, Spain, South Korea, Philippines, United States
The Yogurt Market in D-A-CH is currently experiencing negligible growth, influenced by factors such as increasing competition, changing consumer preferences, and the impact of the COVID-19 pandemic. Despite these challenges, the market continues to offer convenient and healthy options for consumers, leading to a steady demand for yogurt products within the Dairy Products & Eggs Market of The Food market.
Customer preferences: As health and wellness continue to be top priorities for consumers in D-A-CH, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is seeing a rise in demand for plant-based and organic yogurt options. This trend is driven by a growing interest in sustainable and environmentally-friendly products, as well as a desire for healthier and cleaner food choices. Additionally, with a rise in lactose intolerance and other dietary restrictions, there is a growing demand for dairy-free and alternative milk yogurt products.
Trends in the market: In the D-A-CH region, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for dairy-free and plant-based yogurt options. This trend is driven by increasing consumer awareness of health and environmental concerns. As a result, major players in the industry are investing in research and development to create innovative dairy-free yogurt products. This shift towards alternative yogurt options has significant implications for industry stakeholders, as they must adapt to changing consumer preferences and develop new strategies to remain competitive in the market. Additionally, the rise of dairy-free yogurt could potentially impact the traditional dairy industry, as it may lead to a decline in sales of conventional dairy products.
Local special circumstances: In Germany, the Yogurt market is heavily influenced by the country's strong dairy tradition and strict regulations on food production, ensuring high quality products. Additionally, the cultural preference for natural and organic products has led to the popularity of Greek yogurt and other artisanal yogurt varieties. In Austria, the market is characterized by the dominance of small, family-owned dairy farms, contributing to the production of specialty yogurts such as quark and kefir. Switzerland's market is shaped by its high standards for food safety and animal welfare, resulting in a strong demand for organic and grass-fed yogurt options. These unique factors drive consumer preferences and purchasing decisions in the D-A-CH yogurt market.
Underlying macroeconomic factors: The Yogurt Market in D-A-CH is heavily influenced by macroeconomic factors such as consumer purchasing power, economic stability, and government policies. Countries with strong economic growth and stable political climates, such as Germany and Switzerland, have a higher demand for premium and organic yogurt products. On the other hand, countries facing economic challenges, such as Austria, have a lower demand for premium products and a higher demand for affordable options. Additionally, government support for dairy farmers and subsidies for milk production also impact the availability and pricing of yogurt in the 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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
