Yogurt - Lithuania | Statista Market Forecast

Revenue in the Yogurt market amounts to US$148.10m in 2024. The market is expected to grow annually by 4.80% (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$55.01 are generated in 2024.
In the Yogurt market, volume is expected to amount to 76.67m kg by 2029. The Yogurt market is expected to show a volume growth of 1.6% in 2025.0.
The average volume per person in the Yogurt market is expected to amount to 25.4kg 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.

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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

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

The Yogurt Market in Lithuania has seen minimal growth due to factors such as low consumer health awareness and limited adoption of digital technologies. Convenience offered by online services has not impacted the market significantly.

Customer preferences: As health and wellness continue to be major priorities for consumers, there has been a growing interest in plant-based and alternative dairy products. This trend is influenced by the increasing number of individuals following vegetarian or vegan diets, as well as concerns surrounding sustainability and animal welfare. As a result, there has been a rise in demand for non-dairy yogurt options, such as coconut or almond milk-based yogurts. This shift in preferences has also been fueled by the availability of a wider range of flavors and varieties in the market.

Trends in the market: In Lithuania, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards healthier and more diverse options. There is a growing demand for organic and plant-based yogurts, as well as those with added functional ingredients like probiotics. This trend is significant as it reflects the changing consumer preferences and their focus on health and wellness. Industry stakeholders may need to adapt their product offerings to cater to these evolving trends and also invest in innovative marketing strategies to stay competitive in the market.

Local special circumstances: In Lithuania, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's strong dairy industry and traditional yogurt-making methods. With a high consumption of yogurt per capita, Lithuania has a well-established market for both traditional and innovative yogurt products. Additionally, the country's strict regulations on dairy production ensure high quality and safety standards, making Lithuania a reliable source for yogurt products. Furthermore, the cultural preference for healthy and natural foods has contributed to the popularity of yogurt in the country.

Underlying macroeconomic factors: The Yogurt Market in Lithuania is heavily influenced by macroeconomic factors such as the country's economic stability, consumer purchasing power, and government policies. With a strong and growing economy, Lithuania has a high demand for quality dairy products, including yogurt. Additionally, the government's support for agricultural development and dairy farming incentivizes producers to continuously improve the quality and variety of their yogurt products. Furthermore, the increasing health consciousness among consumers and the rise of health-conscious diets have also contributed to the growth of the Yogurt Market in Lithuania.

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.