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Yogurt - Western Asia

Western Asia
  • Revenue in the Yogurt market amounts to US$2.05bn in 2024. The market is expected to grow annually by 6.70% (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$9.22 are generated in 2024.
  • In the Yogurt market, volume is expected to amount to 773.00m kg by 2029. The Yogurt market is expected to show a volume growth of 4.4% in 2025.0.
  • The average volume per person in the Yogurt market is expected to amount to 2.9kg 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 Western Asia has been experiencing minimal growth, influenced by factors like changing consumer preferences, increasing health consciousness and convenience of online services. This trend is expected to continue in the coming years.

Customer preferences:
The popularity of plant-based diets and the growing health consciousness among consumers have led to an increase in demand for non-dairy yogurt options. This trend is particularly evident in Western Asia, where yogurt has been a staple food for centuries. With the rise of veganism and lactose intolerance, there has been a shift towards plant-based yogurt made from almond, coconut, and soy milk. This trend is also driven by the growing awareness of the environmental impact of dairy production and the desire for more sustainable food options. As a result, the yogurt market in Western Asia is expected to see significant growth in the coming years.

Trends in the market:
In Western Asia, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for plant-based yogurt alternatives. This trend is being driven by the rising awareness of lactose intolerance and the growing popularity of vegan diets. Additionally, there is a shift towards more natural and organic ingredients, with consumers seeking healthier options. This trend is expected to continue, with industry stakeholders investing in research and development to meet the evolving preferences of consumers and capitalize on the growing market for plant-based dairy alternatives.

Local special circumstances:
In Western Asia, the Yogurt market is heavily influenced by the region's rich cultural heritage and traditional consumption patterns. Yogurt is a staple food in many countries, such as Turkey and Lebanon, and is often consumed as part of daily meals. Additionally, the hot climate in the region has led to a preference for yogurt as a cooling and refreshing snack. Moreover, regulations promoting the use of locally sourced ingredients have resulted in a strong demand for locally produced and marketed yogurt products. These unique local factors contribute to the dynamic growth of the Yogurt Market in Western Asia, setting it apart from other markets in the Dairy Products & Eggs Market within The Food market.

Underlying macroeconomic factors:
The growth of the Yogurt Market of the Dairy Products & Eggs Market within The Food market is influenced by macroeconomic factors such as changing dietary preferences, increasing disposable incomes, and growing health consciousness among consumers. Countries with strong economic growth and rising middle-class populations are driving the demand for yogurt, while countries facing economic challenges may experience slower market growth. Additionally, government initiatives promoting healthy lifestyles and increasing investments in dairy production and distribution are also contributing to the market's growth. The global trend towards plant-based and organic products is also impacting the yogurt market, as consumers seek healthier and more sustainable options.

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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