M. Shahbandeh
Research expert covering agriculture & FMCG
Yogurt, also known as yoghurt or yoghourt, is a food product made by the bacterial fermentation of milk. The production of yogurt was first recorded in Turkey between 1615 and 1625. The specific bacteria used to make yogurt are called “yogurt cultures”. Cow’s milk is most commonly used to make yogurt, as it is widely available globally. Yogurt is naturally sour, therefore, it can also be sold sweetened in many different forms.
Market overview
Yogurt has a number of health benefits, including the effects from probiotics which are commonly added to yogurt during production. The global yogurt market value is forecast to reach approximately 164 billion U.S. dollars by 2028. With the rise in veganism around the world, it is not surprising that sales of non-dairy yogurt are set to increase year on year, estimated to reach around 7.4 billion U.S. dollars worldwide by 2027. In Canada, the revenues of the yogurt market reached more than 2.72 billion Canadian dollars in 2022.Yogurt production in Canada
Dairy products in general are popular in Canada, as farm cash receipts from dairy products have seen steady growth in past years, and were estimated at 8.2 billion Canadian dollars in 2022. The volume of yogurt available for consumption in Canada amounted to around 8.9 liters per capita in 2022. Frozen yogurt has gained popularity recently worldwide as a perceived healthy alternative to ice cream. The volume of soft frozen yogurt produced in Canada has fluctuated in recent years, with production reaching around 480,000 liters in 2022.International trade
When it comes to the Canadian yogurt trade, the volume of yogurt imports into Canada was recorded at over one million kilograms and the value of yogurt imports reached over five million Canadian dollars in 2022. The export trade value of yogurt from Canada to the rest of the world was recorded at 58 million U.S. dollars in 2022, a decrease from around 37 million U.S. dollars in the previous year.
