Report Update: Apr 1, 2024

World - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

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.

Get FREE access to the latest data and statistics on the Yoghurt and Fermented Milk Market.

Yoghurt and Fermented Milk - World's Largest Markets

Rating	Country
1	India
2	Pakistan
3	United States
4	Brazil
5	Russia

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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United Arab Emirates	926	892	859	-3.7%
Russia	1128	1136	1039	-4.0%
Belgium	1112	1240	1173	2.7%
Austria	1284	1240	1279	-0.2%
Saudi Arabia	1266	1244	1330	2.5%
Spain	1423	1411	1333	-3.2%
Poland	1447	1335	1365	-2.9%
Belarus	1353	1449	1380	1.0%
Thailand	1074	1453	1425	15.2%
Germany	1514	1433	1477	-1.2%
France	1773	1548	1640	-3.8%
United Kingdom	1925	1437	1651	-7.4%
Greece	2262	2138	2249	-0.3%
Average	1502	1462	1498	-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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Italy	1648	1588	1653	0.2%
Philippines	1361	1627	1649	10.1%
United Kingdom	1535	1657	1625	2.9%
Belgium	1842	1524	1620	-6.2%
France	1690	1454	1481	-6.4%
Spain	1422	1366	1478	2.0%
Netherlands	1461	1363	1406	-1.9%
Poland	1313	1330	1395	3.1%
Portugal	1450	1373	1393	-2.0%
Russia	1305	1426	1351	1.7%
Sweden	1362	1559	1347	-0.6%
Ireland	1402	1195	1344	-2.1%
Germany	1190	1172	1216	1.1%
Average	1521	1493	1537	0.5%

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.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Yoghurt and Fermented Milk - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United Kingdom	0.6	0.5	0.5	-0.3%
Italy	0.4	0.4	0.4	0.3%
Netherlands	0.3	0.3	0.3	2.4%
Spain	0.3	0.2	0.2	-7.2%
Belgium	0.3	0.2	0.2	-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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Germany	1	1	1	1.3%
France	0.6	0.5	0.6	-4.6%
Belgium	0.3	0.3	0.3	6.8%
Greece	0.2	0.2	0.2	13.6%
Spain	0.2	0.2	0.2	2.4%

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

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for yoghurt and fermented milk. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 891 - Yoghurt
FCL 892 - Yoghurt, Concentrated or Unconcent
FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
FCL 899 - Dry Buttermilk

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. PRODUCING ANIMALS AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Producing Animals, By Country, 2012-2023
7. Yield, By Country, 2012-2023
8. Imports, In Physical Terms, By Country, 2012–2023
9. Imports, In Value Terms, By Country, 2012–2023
10. Import Prices, By Country Of Destination, 2012–2023
11. Exports, In Physical Terms, By Country, 2012–2023
12. Exports, In Value Terms, By Country, 2012–2023
13. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2023
19. Production, In Value Terms, 2012–2023
20. Producing Animals, 2012–2023
21. Yield, 2012–2023
22. Production, By Country, 2023
23. Production, In Physical Terms, By Country, 2012–2023
24. Producing Animals, By Country, 2023
25. Producing Animals, By Country, 2012-2023
26. Yield, By Country, 2012-2023
27. Imports, In Physical Terms, 2012–2023
28. Imports, In Value Terms, 2012–2023
29. Imports, In Physical Terms, By Country, 2023
30. Imports, In Physical Terms, By Country, 2012–2023
31. Imports, In Value Terms, By Country, 2012–2023
32. Import Prices, By Country, 2012–2023
33. Exports, In Physical Terms, 2012–2023
34. Exports, In Value Terms, 2012–2023
35. Exports, In Physical Terms, By Country, 2023
36. Exports, In Physical Terms, By Country, 2012–2023
37. Exports, In Value Terms, By Country, 2012–2023
38. Export Prices, 2012–2023