Market Insights Consumer Food Dairy Products & Eggs

Yogurt - Canada

Canada

Revenue in the Yogurt market amounts to €2.22bn in 2024. The market is expected to grow annually by 5.56% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€42,400m in 2024).
In relation to total population figures, per person revenues of €56.78 are generated in 2024.
In the Yogurt market, volume is expected to amount to 0.67bn kg by 2029. The Yogurt market is expected to show a volume growth of 4.4% in 2025.
The average volume per person in the Yogurt market is expected to amount to 14.6kg in 2024.

Key regions: Russia, Spain, South Korea, Philippines, United States

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Yogurt Market in Canada has seen minimal growth due to various factors such as limited consumer health awareness, high competition, and fluctuating commodity prices. However, the increasing adoption of digital technologies and convenience offered by online services may drive future growth.

Customer preferences: Consumers in Canada are increasingly opting for yogurt as a healthier alternative to traditional dairy products like butter and cheese. This trend is largely driven by the growing health consciousness among Canadians, with a focus on consuming natural and organic products. Additionally, the rise in lactose intolerance and dairy allergies among the population has also contributed to the increasing demand for yogurt. As a result, there has been a significant increase in the availability of plant-based yogurt options to cater to these dietary preferences. This shift towards healthier and more diverse yogurt options is expected to continue as consumers prioritize their health and well-being.

Trends in the market: In Canada, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is seeing a rise in demand for plant-based yogurt alternatives, as consumers are increasingly seeking healthier and more environmentally-friendly options. This trend is expected to continue as more consumers become health-conscious and environmentally aware. This shift towards plant-based yogurt options is significant for industry stakeholders, as it presents opportunities for new product development and market expansion. Additionally, the trend towards plant-based yogurt aligns with the growing trend of plant-based diets and sustainable food choices, which could have positive implications for the industry's long-term growth and sustainability.

Local special circumstances: In Canada, the Yogurt Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's diverse cultural landscape. With a significant population of immigrants from various regions, the demand for unique yogurt flavors and textures is high. Additionally, the country's strict regulations on dairy products ensure high-quality and safe products for consumers. This, coupled with the growing health consciousness among Canadians, has led to a surge in the demand for organic and probiotic-rich yogurt options. These factors have played a significant role in shaping the dynamics of the Yogurt Market in Canada.

Underlying macroeconomic factors: The Yogurt Market of the Dairy Products & Eggs Market within The Food market in Canada is influenced by several macroeconomic factors. These include global economic trends, such as the increasing demand for healthy and natural food products, which has led to a rise in the consumption of yogurt. At the national level, the Canadian government's initiatives to promote healthy eating and its support for the dairy industry have contributed to the growth of the yogurt market. In terms of fiscal policies, the implementation of trade agreements, such as the Canada-EU Comprehensive Economic and Trade Agreement, has opened up new export opportunities for Canadian dairy products, including yogurt. Other relevant financial indicators, such as consumer spending and disposable income, also play a significant role in shaping the demand for yogurt in Canada.

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.