Market Size of Africa Yogurt Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.48 Billion |
| Market Size (2029) | USD 1.98 Billion |
| CAGR (2024 - 2029) | 6.06 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Africa Yogurt Market Analysis
The Africa Yogurt Market size is estimated at USD 1.48 billion in 2024, and is expected to reach USD 1.98 billion by 2029, growing at a CAGR of 6.06% during the forecast period (2024-2029).
The pandemic COVID-19 affected the yogurt market but positively with the growing health-consciousness in the African region. Key players are offering products with organic and natural ingredients. African yogurt manufacturer Chirri uses fresh organic milk, couscous, and real fruits to make century-old African-style yogurt. The product does not have added artificial colors, flavors, and sweeteners, which makes it a perfect choice for active and health-conscious users.
- Increasing awareness of the health benefits of yogurt acts as a catalyst for the growth of the African yogurt market. Drinkable yogurt is the fastest-growing segment in South Africa. The rise in disposable incomes, coupled with an increase in demand for convenience food and growing awareness of yogurt's health benefits, drives the growth of this market.
