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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)
Key regions: Canada, Russia, United States, Japan, United Kingdom
The Yogurt Substitutes Market in Norway is experiencing mild growth due to factors such as increasing health consciousness and convenience of online services. The market's growth is impacted by the demand for healthier alternatives to traditional dairy products in the country.
Customer preferences: There is a growing trend towards plant-based diets in Norway, which has led to a rise in demand for dairy-free yogurt substitutes. Health-conscious consumers are also seeking options with low sugar and fat content, driving the popularity of dairy-free yogurts made with alternative ingredients such as coconut milk or almond milk. This shift towards healthier and more sustainable food choices has also been influenced by the increasing awareness of environmental and ethical concerns. As a result, dairy-free yogurt substitutes are expected to continue gaining traction in the Norwegian market.
Trends in the market: In Norway, the demand for alternative dairy products is on the rise, leading to a growing market for yogurt substitutes. This trend is driven by a growing number of consumers seeking healthier and more sustainable options. As a result, plant-based yogurt substitutes made from ingredients like soy, almond, and coconut are gaining popularity. This trend is expected to continue as more consumers become health-conscious and environmentally aware. Industry stakeholders have an opportunity to tap into this trend by offering a variety of options and catering to the changing preferences of consumers. This shift towards alternative yogurt products also has implications for traditional dairy producers, who may need to adapt their offerings to stay competitive in the market.
Local special circumstances: In Norway, the Yogurt Substitutes Market is influenced by the country's strong focus on sustainable and healthy food options. The market is driven by the growing demand for plant-based alternatives among health-conscious consumers. Additionally, the government's strict regulations on food labeling and promotion of local dairy products also play a significant role in shaping the market dynamics. In contrast, in neighboring countries like Sweden and Denmark, the market is more driven by the increasing popularity of veganism and lactose intolerance, respectively.
Underlying macroeconomic factors: In Norway, the Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market is influenced by macroeconomic factors such as changing consumer preferences, health and wellness trends, and government support for sustainable and plant-based food products. With the rise of veganism and lactose intolerance, there is a growing demand for dairy-free alternatives, including yogurt substitutes. Additionally, the country's strong economy and high disposable income levels have led to increased spending on premium and healthier food options. Furthermore, the Norwegian government's focus on promoting sustainable and environmentally-friendly food production is driving the market for yogurt substitutes, which are often made from plant-based ingredients.
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)