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Yogurt - Lebanon

Lebanon
  • Revenue in the Yogurt market amounts to US$26.56m in 2024. The market is expected to grow annually by 5.99% (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$5.09 are generated in 2024.
  • In the Yogurt market, volume is expected to amount to 10.95m kg by 2029. The Yogurt market is expected to show a volume growth of 0.1% in 2025.0.
  • The average volume per person in the Yogurt market is expected to amount to 2.1kg 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 Lebanon has seen subdued growth, impacted by factors such as economic instability, fluctuating milk prices, and competition from other dairy products. However, the convenience and health benefits of yogurt continue to drive its adoption among consumers, leading to slow but steady growth in the Digital Health market.

Customer preferences:
With a growing focus on health and wellness, consumers in Lebanon are increasingly turning to yogurt as a nutritious and versatile food option. This trend is driven by a desire for healthier snack alternatives and a rise in lactose intolerance, leading to a shift away from traditional dairy products. Additionally, the popularity of Mediterranean cuisine has contributed to the rise of yogurt consumption in Lebanon, as it is a key ingredient in many dishes.

Trends in the market:
In Lebanon, the Yogurt Market within the Dairy Products & Eggs Market is experiencing a surge in demand for organic and plant-based yogurt. This trend is driven by consumers' increasing focus on healthy and sustainable food options. Additionally, there is a growing interest in yogurt as a versatile ingredient in various dishes, leading to an expansion of product offerings in the market. Industry stakeholders should capitalize on these trends by investing in innovative product development and marketing strategies to cater to the evolving consumer preferences. Moreover, stakeholders should also consider forming partnerships with local dairy farms to ensure a steady supply of high-quality ingredients for their products.

Local special circumstances:
In Lebanon, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's rich agricultural heritage and strong dairy industry. The market is also shaped by cultural factors, as yogurt is a staple in Lebanese cuisine and is included in many traditional dishes. Additionally, regulatory circumstances play a role in the market, with government initiatives promoting the consumption of dairy products for their nutritional benefits. These unique local factors contribute to the strong demand for yogurt in Lebanon and drive market dynamics.

Underlying macroeconomic factors:
The Yogurt Market of the Dairy Products & Eggs Market within The Food market in Lebanon is influenced by various macroeconomic factors. Global economic trends, such as changing consumer preferences towards healthier food options, have led to a rise in demand for yogurt products. Additionally, the national economic health of Lebanon, with a growing middle class and increasing disposable income, has boosted the purchasing power of consumers and their ability to spend on premium dairy products like yogurt. Fiscal policies, such as subsidies for dairy farmers and investments in dairy production, have also contributed to the growth of the market. Furthermore, the country's favorable climate and natural resources for dairy farming have supported the production of high-quality milk, which is a key ingredient in yogurt production.

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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