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Yogurt - Kazakhstan

Kazakhstan
  • Revenue in the Yogurt market amounts to US$1.07bn in 2024. The market is expected to grow annually by 5.24% (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$53.97 are generated in 2024.
  • In the Yogurt market, volume is expected to amount to 428.10m kg by 2029. The Yogurt market is expected to show a volume growth of 1.0% in 2025.0.
  • The average volume per person in the Yogurt market is expected to amount to 20.7kg 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.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope

  • 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

Out-Of-Scope

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

Revenue

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

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Nov 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Yogurt Market in Kazakhstan has seen minimal growth due to factors such as low consumer awareness and limited availability of digital technologies. However, the convenience of online health services is slowly driving growth in this market.

Customer preferences:
As the demand for healthy and convenient food options continues to rise, the yogurt market in Kazakhstan is experiencing a shift towards plant-based and organic options. This trend is driven by the growing health consciousness among consumers, particularly younger generations. Additionally, there is a growing preference for locally sourced and sustainable products, reflecting a shift towards more mindful and environmentally conscious consumption patterns.

Trends in the market:
In Kazakhstan, the Yogurt Market within the Dairy Products & Eggs Market is seeing a surge in demand for plant-based yogurt products, driven by the increasing popularity of vegan and vegetarian diets. This trend is expected to continue in the coming years, with more consumers becoming health-conscious and seeking alternatives to traditional dairy yogurt. Additionally, there is a growing trend of using online platforms and apps for purchasing yogurt, as well as receiving personalized nutrition advice and recommendations. These trends highlight a shift towards a more digital and health-focused market, which presents opportunities for industry stakeholders to innovate and cater to changing consumer preferences.

Local special circumstances:
In Kazakhstan, the Yogurt Market is heavily influenced by the country's nomadic tradition of dairy production and consumption. This has resulted in a strong demand for locally produced, organic yogurt made from traditional ingredients such as mare's milk. Additionally, the country's harsh climate and vast open spaces have led to a strong tradition of livestock farming, providing a steady supply of high-quality milk for the yogurt industry. The government's efforts to promote domestic production and consumption of dairy products have also played a crucial role in shaping the market dynamics, creating a strong sense of national pride and loyalty towards Kazakhstani yogurt brands.

Underlying macroeconomic factors:
The Yogurt Market of the Dairy Products & Eggs Market within The Food market in Kazakhstan is heavily influenced by macroeconomic factors such as the country's economic stability, government policies, and global economic trends. The growth of the market is also impacted by the overall health of the national economy and its fiscal policies. For instance, a stable and growing economy can boost consumer confidence and purchasing power, leading to increased demand for yogurt. Additionally, investments in the dairy industry and infrastructure improvements can also contribute to market growth. Factors such as inflation, interest rates, and foreign exchange rates also play a significant role in the performance of the market. Overall, a favorable macroeconomic environment can create opportunities for growth and expansion in the yogurt market in Kazakhstan.

Methodology

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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