Global Flavored Yogurt Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast 2018 to 2029
“Global Flavored Yogurt Market” is the title of an upcoming report offered by MarketResearch.Biz. The research study involved the extensive usage of expert opinions, using both primary and secondary data sources and efforts. Also, market risks, opportunities, growth market barriers and challenges, and future scenarios have been covered in the report. The research process involved the study of various factors positively or negatively impacting the industry and market. Factors considered include government policies and mandates, the market environment, competitive landscapes, current and historical trends in the market, technological innovations, new solutions and modifications made to existing provisions, upcoming technologies and the technical progress of related industries. The global flavored yogurt market has been segmented on the basis of flavor, distribution channel, as well as regions and countries.
Flavored yogurt is a food that is produced by bacterial fermentation of milk and doesn’t contain any real fruit, instead, it contains a pureed form of fruit which is high in sugar content and comes in a wide rage of flavors.
Evolving dietary habits, rising disposable incomes, and the surging popularity of ready-to-eat (RTE) foods on a global-scale are some of the most prominent factors that are leading to the revenue growth of the global flavored yogurt market.
In recent years, the consumption of flavored yogurt as a dessert and as an essential component of a healthy diet has positively impacted market growth. Increasing health awareness among individuals regarding the benefits of flavored yogurt that contains vital fortified vitamins is expected to positively contribute to the revenue growth of the flavored yogurt market.
Another factor that help increase market growth of flavored yogurt is the presence of healthy ingredients of this product which allow it to be more readily available in supermarkets and other outlets. This in turn, is expected to boost revenue growth of the global flavored yogurt market in the years to come. Online discounts offered by e-food retailers is also another factor that will help promote market growth.
The global flavored yogurt market was valued at US$ XXX in 2019 and is projected to register a CAGR of XX% by 2028.
Segmentation of the global flavored yogurt market is as follows:
In terms of flavor, the strawberry-flavored segment accounted for the highest revenue share in 2019, and is expected to continue to do so over the next 10 years. Berry-flavored yogurts are now gaining more traction as a flavor preference due to the presence of naturally potent ingredients.
On the basis of distribution channels, the market is further classified into convenience stores, supermarkets, and online as well as other sources. The supermarket distribution channel segment accounted for the majority revenue share in 2019 due to the vast availability of brands and flavors in them.
Online sellers with improved storage facilities and convenience stores accounted for a sizeable portion of the global flavored yogurt market, and is expected to register significant revenue growth in the foreseeable future owing to quicker delivery options and increased discounts.
Regional Segmentation and Analysis:
The market in Europe accounted for the largest revenue share of the global flavored yogurt market due to the increasing popularity of flavored Greek yogurt and berry-flavor yogurts in this market. Various product innovations, the growing popularity of RTE foods as well as increasing disposable incomes and changing lifestyles are prominent factors that are contributing to the growth of the global flavored yogurt market.
Flavored yogurt as an alternative to ice-cream is growing in popularity in countries such as China and India in the Asia Pacific region and also due to its prominent availability in these markets.
Segmentation of Global Flavored Yogurt Market:
Segmentation by Flavor Outlook:
Segmentation by Distribution Channel:
- Convenience Stores
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- General Mill Inc.
- Nestle S.A.
- Chobani LLC
- Arla foods
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