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Yogurt - Switzerland

Switzerland
  • Revenue in the Yogurt market amounts to US$1.09bn in 2024. The market is expected to grow annually by 1.97% (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$123.00 are generated in 2024.
  • In the Yogurt market, volume is expected to amount to 219.50m kg by 2029. The Yogurt market is expected to show a volume growth of 0.7% in 2025.0.
  • The average volume per person in the Yogurt market is expected to amount to 23.8kg 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 Switzerland is facing negligible growth due to various factors, including declining health consciousness among consumers and limited availability of online services. Despite this, the market is expected to grow at a steady pace, driven by the increasing demand for dairy products and eggs in the food industry.

Customer preferences:
In Switzerland, there has been a notable shift towards healthier and more sustainable food options, including yogurt. This trend is driven by a growing awareness of the environmental impact of food production and a desire for transparency and ethical sourcing. Additionally, there is a growing demand for plant-based and lactose-free yogurt options, reflecting a shift towards more conscious and personalized diets. This trend is also influenced by the increasing diversity in the Swiss population, with a larger number of individuals following specific dietary preferences or restrictions.

Trends in the market:
In Switzerland, the Yogurt Market within the Dairy Products & Eggs Market is experiencing a surge in demand for plant-based yogurt alternatives. This trend is driven by health-conscious consumers seeking lactose-free options and ethical concerns surrounding animal-based products. Additionally, there is a growing focus on sustainable packaging and production methods, with companies using renewable materials and reducing their carbon footprint. These developments present opportunities for industry stakeholders to diversify their product offerings and meet evolving consumer needs.

Local special circumstances:
In Switzerland, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is influenced by the country's long-standing tradition of dairy production and consumption. This has led to a high demand for quality yogurt products, with a focus on locally sourced ingredients and sustainable production methods. Additionally, Switzerland's strict regulations on food labeling and animal welfare have shaped the market, with consumers valuing transparency and ethical practices. The country's affluent population also drives the demand for premium and organic yogurt options, resulting in a diverse and competitive market.

Underlying macroeconomic factors:
The Yogurt Market of the Dairy Products & Eggs Market within The Food market in Switzerland is largely influenced by macroeconomic factors such as consumer spending power, trade policies, and government subsidies. The country's stable economy and high disposable income levels have led to a growing demand for premium yogurt products, while favorable trade agreements with neighboring countries have facilitated the import and export of dairy products. Furthermore, the Swiss government's support for promoting healthy eating habits and investing in sustainable agriculture has boosted the production and consumption of organic and all-natural yogurt in the country. As the global trend towards healthy and sustainable food choices continues to grow, the Yogurt Market in Switzerland is expected to thrive in the coming years.

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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