Yogurt has a number of health benefits, including the effects from probiotics which are commonly added to yogurt during production. The sales of yogurts worldwide are forecasted to reach approximately 107 billion U.S. dollars by 2023. 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. Dairy products in general are popular in Canada, as farm cash receipts from dairy products have seen steady growth in past years, and are projected to reach 6.9 billion Canadian dollars in 2018. Yogurt in particular is also well liked in Canada, with the consumption per capita rising annually to 10.31 liters in 2017.
When it comes to the Canadian yogurt trade, the volume of yogurt imports into Canada was recorded at 640,000 kilograms and the value of yogurt imports reached 3.48 million Canadian dollars in 2017. The export trade value of yogurt from Canada to the rest of the world was recorded at 32.02 million U.S. dollars in 2017.
Frozen yogurt has gained popularity recently worldwide as a perceived healthy alternative to ice cream. This popularity can also be seen in Canada, where the volume of frozen yogurt produced in Canada reached a peak of 1.5 million liters in 2017.