The outlook is bright for yoghurt over the forecast period, while value sales for sour milk products will still be negligible. Yoghurt is becoming more affordable and is also increasingly perceived as a healthy snack.
With many public schools providing free breakfast, including yoghurt, this may dampen volume sales through retail channels over the forecast period. However, conversely, it also will also introduce the habit to children of consuming yoghurt daily and this could boost volume sales over the long term.
In recent years, there has been increasing offerings of yoghurt from non-dairy players. Examples are the Kream brand from Soalpro, whose core business is bakery products.
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This is the aggregation of sour milk products and yoghurt. Note: Plant-based yoghurt and sour milk products should be excluded from this category and tracked under plant-based yoghurt.See All of Our Definitions
This report originates from Passport, our Yoghurt and Sour Milk Products research and analysis database.
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