As the government did not increase the price of milk by the amount that was originally agreed, increments are set to come in three stages. Thus, supervised milk, and sour and sweet cream, prices are planned to increase significantly in May 2024, 2025 and 2026.
Drinking yoghurt is projected to see the highest retail volume and value (constant 2023 prices) CAGRs over the forecast period. While growth is derived from a lower base than plain yoghurt and, especially, flavoured yoghurt, this strong performance is predicted to be driven by protein-enriched products.
Over the forecast period, plant-based yoghurt is set to continue to gain traction, but not impact yoghurt sales significantly. While many local consumers enjoy plant-based dairy alternatives in their diets, unless they are lactose-intolerant or strictly vegan, they are likely to continue to consume dairy yoghurts as well.
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Understand the latest market trends and future growth opportunities for the Yoghurt and Sour Milk Products industry in Israel with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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 DefinitionsThis report originates from Passport, our Yoghurt and Sour Milk Products research and analysis database.
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