The Lagos government has expressed its commitment to encouraging farmers to tap into the burgeoning global Coconut Yogurt Market, which is currently valued at $102.01 million and is projected to reach $302.32 million by 2031.

According to Verified market research, an international business intelligence firm, the coconut yogurt sector is shaped by various market drivers that reflect evolving consumer preferences, health trends, and industry dynamics. As a rapidly developing segment of the dairy alternatives market, coconut yogurt is primarily propelled by the rising consumer interest in plant-based, lactose-free products that appeal to health-conscious individuals and those with specific dietary needs.

Speaking with The Nation, the Commissioner for Agriculture and Food Systems, Ms Abisola Olusanya noted that the government will do everything possible to ensure farmers to grow more coconut to take advantage of the growing popularity of Coconut Yogurt due to its thick texture and higher protein content, making it an attractive option for those who prioritize muscle recovery and satiety.

According to https://www.verifiedmarketresearch.com, the coconut yogurt market is a rapidly growing segment within the broader plant-based dairy alternatives industry, characterized by its focus on yogurt products made primarily from coconut milk.

She explained that Lagos coconut farmers can explore the coconut yogurt market currently experiencing robust growth, driven by rising consumer interest in plant-based diets and health-conscious eating.

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