Yoghurt and Fermented Milk Market

Yoghurt and fermented milk market: discover the most recent info empowered by an Ai-driven business intelligence tool. Facts and figures include consumption, market prices, exports, trade, imports, market size, companies, and production. Here is a breakdown by country, including EU, the U.S., the U.K., the Middle East, China, Africa, Latin America, and Russia. Market trends and outlook to 2030 are also provided in the snapshots.


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Yoghurt and Fermented Milk - World's Largest Markets

RatingCountry
1India
2Pakistan
3United States
4Brazil
5Russia

In value terms, India, Pakistan and the United States were the countries with the highest levels of market value in 2020, together accounting for 36% of the global market. These countries were followed by Brazil, Russia, Germany, Turkey, Australia, Italy, Spain, the UK, Poland and Mexico, which together accounted for a further 39%.

Australia recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while yoghurt and fermented milk market for the other global leaders experienced more modest paces of growth.

Yoghurt and Fermented Milk Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United Arab Emirates926892859-3.7%
Russia112811361039-4.0%
Belgium1112124011732.7%
Austria128412401279-0.2%
Saudi Arabia1266124413302.5%
Spain142314111333-3.2%
Poland144713351365-2.9%
Belarus1353144913801.0%
Thailand10741453142515.2%
Germany151414331477-1.2%
France177315481640-3.8%
United Kingdom192514371651-7.4%
Greece226221382249-0.3%
Average150214621498-0.1%

Prices varied noticeably by the country of origin; the country with the highest price was Greece ($2,249 per ton), while the United Arab Emirates ($859 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Italy1648158816530.2%
Philippines13611627164910.1%
United Kingdom1535165716252.9%
Belgium184215241620-6.2%
France169014541481-6.4%
Spain1422136614782.0%
Netherlands146113631406-1.9%
Poland1313133013953.1%
Portugal145013731393-2.0%
Russia1305142613511.7%
Sweden136215591347-0.6%
Ireland140211951344-2.1%
Germany1190117212161.1%
Average1521149315370.5%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Italy ($1,653 per ton) and the Philippines ($1,649 per ton), while Germany ($1,216 per ton) and Ireland ($1,344 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the other global leaders experienced more modest paces of growth.

Yoghurt and Fermented Milk - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United Kingdom0.60.50.5-0.3%
Italy0.40.40.40.3%
Netherlands0.30.30.32.4%
Spain0.30.20.2-7.2%
Belgium0.30.20.2-7.1%

In value terms, the largest yoghurt and fermented milk importing markets worldwide were the UK ($547M), Italy ($431M) and the Netherlands ($299M), together accounting for 27% of global imports. These countries were followed by Spain, Belgium, Germany, Russia, Portugal, France, the Philippines, Sweden, Ireland and Poland, which together accounted for a further 34%.

Sweden saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Yoghurt and Fermented Milk - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany1111.3%
France0.60.50.6-4.6%
Belgium0.30.30.36.8%
Greece0.20.20.213.6%
Spain0.20.20.22.4%

In value terms, the largest yoghurt and fermented milk supplying countries worldwide were Germany ($988M), France ($557M) and Belgium ($303M), with a combined 41% share of global exports. Greece, Spain, Belarus, Austria, Saudi Arabia, Thailand, Poland, the UK, Russia and the United Arab Emirates lagged somewhat behind, together comprising a further 33%.

Among the main exporting countries, Greece recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Yoghurt and Fermented Milk - Market Forecast

Driven by rising demand for yoghurt and fermented milk worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Yoghurt and Fermented Milk - Product Coverage

  • HS 0403 - Buttermilk, curdled milk and cream, yoghurt, kephir, fermented or acidified milk or cream, whether or not concentrated, containing added sugar, sweetening matter, flavoured or added fruit or cocoa
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Blog
Event
Slovenia - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the yoghurt market in Slovenia.

World - Curdled Milk, Cream, Yogurt or Acidified Milk and Other Fermented Products - Market Analysis, Forecast, Size, Trends and Insights
$499

Global Fermented Milk Products Market Report 2018. This report provides an in-depth analysis of the global fermented milk products market.

Estonia - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the yoghurt market in Estonia.

Latvia - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the yoghurt market in Latvia.

Malta - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the yoghurt market in Malta.

Iceland - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the yoghurt market in Iceland.

Lithuania - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the yoghurt market in Lithuania.

Latin America and the Caribbean - Curdled Milk, Cream, Yogurt or Acidified Milk and Other Fermented Products - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fermented milk products market in Latin America and the Caribbean.

Asia - Curdled Milk, Cream, Yogurt or Acidified Milk and Other Fermented Products - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fermented milk products market in Asia.

Qatar - Curdled Milk, Cream, Yogurt or Acidified Milk and Other Fermented Products - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the fermented milk products market in Qatar.

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