Yogurt - Northern Europe | Statista Market Forecast

Revenue in the Yogurt market amounts to US$2.60bn in 2024. The market is expected to grow annually by 5.38% (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$76.61 are generated in 2024.
In the Yogurt market, volume is expected to amount to 970.90m kg by 2029. The Yogurt market is expected to show a volume growth of 3.1% in 2025.0.
The average volume per person in the Yogurt market is expected to amount to 24.4kg 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 Northern Europe is experiencing minimal growth, impacted by factors such as low consumer demand and increasing competition among dairy product companies. Despite this, the convenience of online purchasing and rising health awareness are driving the market forward.

Customer preferences: Consumers in Northern Europe are increasingly showing a preference for plant-based yogurt options, as health and environmental concerns drive demand for dairy alternatives. Additionally, the rise in veganism and flexitarian diets is contributing to the growth of the non-dairy yogurt market. Furthermore, there is a growing interest in functional yogurts, such as those with added probiotics, as consumers prioritize personal health and wellness. This shift towards more plant-based and functional yogurt options reflects a larger trend towards healthier and more sustainable food choices in the region.

Trends in the market: In Northern Europe, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards healthier options, with a rise in demand for plant-based and low-sugar yogurt products. This trend is driven by increasing consumer awareness about the health benefits of yogurt, as well as the growing popularity of vegetarian and vegan diets in the region. As a result, major players in the market are launching new products and expanding their plant-based options. This trajectory towards healthier options is significant for industry stakeholders as it presents new opportunities for growth and diversification. Additionally, the trend towards sustainable and eco-friendly packaging is also gaining momentum in the region, which is likely to have a positive impact on the industry's environmental footprint.

Local special circumstances: In Northern Europe, the Yogurt Market within the Dairy Products & Eggs Market of The Food market is influenced by the region's high dairy consumption and strong consumer preference for organic and natural products. Additionally, the strict regulations on food labeling and production processes have resulted in a highly competitive market with a focus on product quality and transparency. This has also led to the emergence of innovative yogurt flavors and packaging, catering to health-conscious consumers.

Underlying macroeconomic factors: The Yogurt Market in Northern Europe is heavily influenced by macroeconomic factors such as consumer spending habits, health and wellness trends, and shifting dietary preferences. With a strong focus on sustainability and organic products, Northern European countries have seen a growing demand for natural and healthy food options, which has positively impacted the growth of the Yogurt Market. Moreover, the region's stable economic growth, high disposable income, and government initiatives promoting healthy eating have also contributed to the market's success. As the global trend towards healthier food options continues to grow, the Yogurt Market in Northern Europe is expected to see sustained growth in the coming years.

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.