Market Insights Consumer Food Dairy Products & Eggs

Yogurt - North Macedonia

North Macedonia

Revenue in the Yogurt market amounts to US$78.63m in 2024. The market is expected to grow annually by 3.98% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (US$45,720m in 2024).
In relation to total population figures, per person revenues of US$37.76 are generated in 2024.
In the Yogurt market, volume is expected to amount to 39.19m kg by 2029. The Yogurt market is expected to show a volume growth of 2.4% in 2025.
The average volume per person in the Yogurt market is expected to amount to 17.1kg in 2024.

Key regions: Russia, Spain, South Korea, Philippines, United States

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Analyst Opinion

The Yogurt Market in North Macedonia has seen modest growth due to factors such as increasing health consciousness and the convenience of online services. However, the market's growth rate is impacted by limited demand and competition from other dairy products.

Customer preferences: The increasing health consciousness among consumers in North Macedonia has led to a growing demand for organic and probiotic yogurt. As consumers become more health-conscious, they are seeking products that offer both nutritional benefits and convenience. This has led to a surge in demand for yogurt products that cater to specific dietary needs, such as lactose-free or low-fat options. Furthermore, the rise in health and wellness trends has also resulted in a growing preference for yogurt with added functional ingredients, such as vitamins and minerals, to meet specific health goals.

Trends in the market: In North Macedonia, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards healthier options, with a focus on plant-based and probiotic yogurts. This trend is driven by increasing health consciousness among consumers and the demand for products that cater to dietary restrictions. Additionally, there is a growing interest in local and artisanal yogurt brands, reflecting a preference for natural and sustainable products. These trends are expected to continue, creating opportunities for industry stakeholders to innovate and expand their product offerings.

Local special circumstances: In North Macedonia, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's rich history and cultural traditions. The consumption of yogurt has been ingrained in the local diet for centuries, leading to a high demand for locally produced and traditional varieties. Additionally, government regulations and subsidies on dairy farming have resulted in a strong supply chain for yogurt production. These unique factors contribute to a stable and growing market for yogurt in North Macedonia.

Underlying macroeconomic factors: The Yogurt Market in North Macedonia is heavily influenced by macroeconomic factors such as consumer spending, government policies, and global dairy supply and demand. The country's stable economic growth and increasing disposable income have led to a rise in demand for dairy products, including yogurt. Additionally, favorable government policies and investments in the dairy industry have supported the growth of the market. However, fluctuations in global dairy prices and trade policies can impact the market performance in North Macedonia. The growing health consciousness among consumers and the trend of incorporating yogurt in various diets also contribute to the market's growth.

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.