The market of yogurts and fermented milk products in Ukraine will grow to UAH 12.2 billion

Published 2024년 10월 2일

Tridge summary

The Ukrainian dairy market is rebounding after a downturn in 2022 due to conflict, with a 6.8% growth in 2023 reaching UAH 10.8 billion. Projections indicate further growth to UAH 12.2 billion in 2024 and UAH 12.9 billion in 2025. The yogurt sector, particularly natural and thick yogurts, is leading this recovery, driven by health-conscious consumers seeking alternatives to traditional products like mayonnaise and sour cream. Traditional fermented milk products such as kefir and ryazhanka are also expected to see growth.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Liga.net writes about this on Facebook with reference to the results of a Euromonitor International study. According to analysts, after the fall in 2022, associated with the beginning of a full-scale invasion (by -27.9%), the market began to actively recover. In 2023, the total growth to UAH 10.8 billion (by 6.8%) was observed, and the forecast for 2024 is even more optimistic — the volume of these markets is expected to increase by 13.6% — to UAH 12.2 billion. However, already in 2025, the growth will not be so rapid — up to UAH 12.9 billion (by 5.5%). The yogurt segment had a market volume of UAH 4.4 billion in 2023, and, according to the forecast, it should grow to UAH 5.1 billion in 2024 (by 13.7%), and in 2025 to UAH 5.3 billion ( by 5.4%). Traditional fermented milk products (kefir and ryazhanka) are also not far behind, showing a growth of 6.1% in 2023. According to the forecast, they will grow by 13.6% in 2024 and by 5.7% in 2025. Euromonitor International expects the ...

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