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Lun - Ven, 9:00 - 18:00 h (EST)
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Key regions: Canada, Russia, United States, Japan, United Kingdom
The Yogurt Substitutes market in The Food market in Africa is slowly growing, influenced by factors such as consumers' increased health consciousness and the convenience of online health services. Despite minimal growth rate, the market is experiencing a rise in demand for alternative dairy products & eggs due to changing dietary habits.
Customer preferences: As plant-based diets gain popularity in Africa, there is a growing demand for dairy-free yogurt substitutes made from ingredients like coconut, almond, and soy. This trend is driven by health-conscious consumers looking for alternatives to traditional dairy products. Additionally, the rise of veganism and lactose intolerance in the region is fueling the demand for these substitutes.
Trends in the market: In Africa, there is a growing demand for dairy alternatives, including yogurt substitutes, driven by factors such as lactose intolerance and health concerns. Similarly, in the Yogurt Substitutes Market of the Dairy Products & Eggs Market, there is a rising trend of plant-based yogurt options, with consumers seeking healthier and environmentally-friendly alternatives. This trend is expected to continue as the market for dairy substitutes is projected to grow significantly in the coming years. This presents opportunities for industry stakeholders to tap into this emerging market and cater to the changing consumer preferences. Additionally, the rise of e-commerce and online delivery services in the region is making it easier for consumers to access and purchase these products, further fueling the growth of the market.
Local special circumstances: In Africa, the Yogurt Substitutes Market within the Dairy Products & Eggs Market of The Food market is heavily influenced by the region's cultural preferences. Traditional fermented milk products, such as Nigerian 'nono', Ethiopian 'ayib', and Kenyan 'mursik', are popular alternatives to yogurt. Additionally, regulatory restrictions on dairy imports have led to the development of locally made yogurt substitutes using ingredients like sorghum or millet. These factors play a significant role in shaping the competitive landscape and consumer demand in the African market for yogurt substitutes.
Underlying macroeconomic factors: The Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market in Africa is heavily influenced by macroeconomic factors such as economic growth, consumer purchasing power, and government policies. As the continent experiences steady economic growth and rising disposable incomes, the demand for dairy alternatives, including yogurt substitutes, is on the rise. Additionally, favorable government policies promoting healthy eating habits and sustainability are further driving market growth. With a rapidly growing population and increasing urbanization, Africa presents a significant growth opportunity for the yogurt substitutes market in the dairy products and eggs industry.
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.Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)