Yogurt Substitutes - Japan

  • Japan
  • Revenue in the Yogurt Substitutes market amounts to €19.16m in 2024. The market is expected to grow annually by 6.29% (CAGR 2024-2029).
  • In global comparison, most revenue is generated in the United States (€431m in 2024).
  • In relation to total population figures, per person revenues of €0.16 are generated in 2024.
  • In the Yogurt Substitutes market, volume is expected to amount to 2.96m kg by 2029. The Yogurt Substitutes market is expected to show a volume growth of 5.1% in 2025.
  • The average volume per person in the Yogurt Substitutes market is expected to amount to 0.0kg in 2024.

Key regions: Canada, Russia, United States, Japan, United Kingdom

 
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Analyst Opinion

The Yogurt Substitutes Market in Japan is currently experiencing negligible growth, impacted by factors such as declining consumer interest in dairy products and increasing availability of alternative dairy-free options. Additionally, a shift towards healthier eating habits is contributing to the slow growth rate.

Customer preferences:
As more consumers in Japan prioritize plant-based diets, the demand for yogurt substitutes has been on the rise. This trend is driven by a growing awareness of the environmental impact of dairy production and health concerns surrounding dairy consumption. Additionally, there has been a shift towards healthier snacking options, with consumers opting for yogurt substitutes made from alternative ingredients such as coconut, almond, and soy milk. This shift towards non-dairy options reflects the evolving preferences of health-conscious and environmentally conscious consumers in Japan.

Trends in the market:
In Japan, the Yogurt Substitutes Market within the Dairy Products & Eggs Market is seeing a shift towards plant-based options such as soy and almond milk yogurt. This trend is driven by increasing concerns about animal welfare and environmental sustainability. As such, companies are investing in research and development to improve the taste and texture of these substitutes. This presents opportunities for industry stakeholders to tap into the growing demand for alternative dairy products. Additionally, the rise of veganism and flexitarianism in Japan is further fueling the demand for yogurt substitutes, indicating a potential shift in consumer preferences towards more plant-based options in the country.

Local special circumstances:
In Japan, the Yogurt Substitutes Market of the Dairy Products & Eggs Market is heavily influenced by the country's traditional diet, which places a strong emphasis on fermented foods. This has led to a high demand for non-dairy yogurt alternatives, such as soy, almond, and coconut-based options. Additionally, Japan's strict regulations on dairy products have created a niche market for these substitutes, as they are not subject to the same restrictions. Furthermore, the country's aging population has also driven the demand for healthier and more digestive-friendly options, contributing to the growth of the yogurt substitutes market.

Underlying macroeconomic factors:
The Yogurt Substitutes Market of the Dairy Products & Eggs Market within The Food market in Japan is influenced by numerous macroeconomic factors. The country's strong economic health and favorable regulatory environment have contributed to the market's growth. Additionally, Japan's investment in healthcare infrastructure and technological advancements has resulted in the increasing demand for yogurt substitutes. The aging population and rising prevalence of chronic diseases in the country also play a significant role in driving the demand for healthier dairy alternatives. These factors have created a conducive environment for the growth of the Yogurt Substitutes Market in Japan, making it a lucrative market for businesses in the food industry.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Visión general

  • Revenue
  • Volume
  • Price
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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