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 Mauritius is experiencing minimal growth, influenced by factors such as low consumer health awareness and limited online presence of health services. However, digital technologies adoption is slowly driving market growth within the Dairy Products & Eggs Market in The Food market.
Customer preferences: The Yogurt Market of the Dairy Products & Eggs Market within The Food market in Mauritius has seen a rise in demand for organic and plant-based options, as consumers become more health-conscious and environmentally aware. This trend is driven by a shift towards healthier lifestyles and a growing preference for sustainable and ethical products. Additionally, there is an increasing demand for convenient and on-the-go options, as busy lifestyles and a rise in snacking culture have led to a surge in single-serve and portable yogurt products.
Trends in the market: In Mauritius, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for organic and natural yogurt products, as consumers become more health-conscious. Additionally, there is a growing trend of incorporating yogurt into savory dishes, such as sauces and dips, expanding its use beyond just a breakfast or snack option. This trend is expected to continue, as the health benefits of yogurt are widely recognized and consumers seek more versatile food options. For industry stakeholders, this presents an opportunity to innovate and diversify their yogurt offerings to cater to changing consumer preferences. It also highlights the importance of sustainable and natural production methods to meet the demand for organic products.
Local special circumstances: In Mauritius, the Yogurt market thrives due to its tropical climate and strong dairy culture. The country's rich soil and favorable weather conditions make it an ideal location for dairy farming, resulting in high-quality milk production. The island's diverse cultural influences, including Indian, Chinese, and European, have also contributed to the popularity of yogurt in the local cuisine. Additionally, Mauritius has strict regulations on dairy products, ensuring the safety and quality of the yogurt consumed. This unique blend of geographical and cultural factors has shaped the Yogurt market in Mauritius, making it a significant contributor to the Dairy Products & Eggs Market within The Food market industry.
Underlying macroeconomic factors: The Yogurt Market of the Dairy Products & Eggs Market within The Food market in Mauritius is influenced by various macroeconomic factors. The country's strong economic growth and stable political environment have contributed to the growth of the market. Additionally, changing consumer preferences towards healthier food options, along with rising disposable incomes, have driven the demand for yogurt in Mauritius. Furthermore, government initiatives to promote the dairy industry and increasing investments in the food sector have also played a significant role in boosting 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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights