The Middle East & Africa non-dairy yogurt market was valued at US$ 153.20 million in 2022 and is expected to reach US$ 299.77 million by 2030; it is estimated to grow at a CAGR of 8.8% from 2022 to 2030.
Increasing Prevalence of Lactose Intolerance Fuels the Middle East & Africa Non-Dairy Yogurt Market
According to the article published in April 2023 by National Centre of Biotechnology Information (NCBI), an average of 65% of the worlds population has lactose intolerance. People with lactose intolerance are recommended to have a lactose-free diet to avoid allergies and digestive problems such as diarrhea, abdominal bloating, and nausea. Moreover, people allergic to milk are also recommended to consume plant-based dairy products. Therefore, such people seek alternatives that are easy to digest and can fulfill their daily nutritional needs.
Non-dairy yogurts are made from almond milk, soymilk, and coconut milk, which are free from lactose. Moreover, plant-based non-dairy yogurt has a similar texture, creaminess, and consistency to conventional yogurt. Moreover, plant-based non-dairy yogurts are fortified with nutrients, such as protein and calcium, that meet the daily nutrient requirements of consumers. Thus, the increasing prevalence of lactose intolerance and milk allergies among consumers is driving the Middle East & Africa non-dairy yogurt market growth.
Middle East & Africa Non-Dairy Yogurt Market Overview
The non-dairy yogurt market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. With the growing consumer preference for a healthy diet due to the rising cases of lactose-intolerant people, plant-based dairy products such as non-dairy yogurt are becoming widely popular in the region. Consumers prefer non-dairy yogurt to reduce their calorie intake because traditional dairy products are often rich in calories. Moreover, exposure to westernized dietary trends is driving the non-dairy yogurt market growth in the region.
In October 2022, the Silicon Valley-based food tech firm Change Foods announced an agreement with Khalifa Economic Zones Abu Dhabi to build an animal-free dairy plant in the UAE. Such expansion strategies by manufacturers in the region boost the demand for plant-based dairy products, thereby positively influencing market growth.
In the Middle East & Africa, the COVID-19 pandemic resulted in a surge in plant-based substitutes. During the pandemic, there was a huge demand in Saudi Arabia for organic, lactose-free, and non-dairy milk products. Koita Foods, a dairy and plant-based drinks company, saw a 350% rise in online sales in 2020 as consumers working from home during the pandemic embraced e-commerce and healthier diets. Further, Koita Foods reported that total sales in Saudi Arabia climbed by 111% Y-o-Y in the first half of 2020, with a 150% increase in demand for plant-based drinks and a 140% rise in sales of lactose-free dairy products. Thus, the rising demand for dairy alternatives will likely drive the non-dairy yogurt market during the forecast period.
Middle East & Africa Non-Dairy Yogurt Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Middle East & Africa Non-Dairy Yogurt provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 153.20 Million |
Market Size by 2030 | US$ 299.77 Million |
Global CAGR (2022 - 2030) | 8.8% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Source
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Non-Dairy Yogurt refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
1. The Hain Celestial Group Inc
2. Danone SA
3. Valio Ltd
4. Oatly Group AB
The Middle East & Africa Non-Dairy Yogurt Market is valued at US$ 153.20 Million in 2022, it is projected to reach US$ 299.77 Million by 2030.
As per our report Middle East & Africa Non-Dairy Yogurt Market, the market size is valued at US$ 153.20 Million in 2022, projecting it to reach US$ 299.77 Million by 2030. This translates to a CAGR of approximately 8.8% during the forecast period.
The Middle East & Africa Non-Dairy Yogurt Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Non-Dairy Yogurt Market report:
The Middle East & Africa Non-Dairy Yogurt Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Non-Dairy Yogurt Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Non-Dairy Yogurt Market value chain can benefit from the information contained in a comprehensive market report.