Global Yogurt Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
The Yogurt Market Report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.
The Yogurt Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, and future strategies, acquisitions & mergers, and market footprint.
The global yogurt market report has been segmented on the basis of product type, distribution channel, and region.
This Yogurt Market report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.
Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically and the current impact to make informed forecasts about the scenarios in the future.
Yogurt Market Overview:
“The Yogurt Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Yogurt is prepared by fermenting milk with bacteria. Bacteria used for milk fermentation are called ‘yogurt cultures’. Yogurt is also known as yogurt, yogurt, yogurt, etc.
Yogurt comes in thick liquid form and has a sour taste. It contains calcium, proteins, zinc, potassium, vitamin B12, vitamin B2, and phosphorus which are beneficial for health.
Growing awareness regarding the health benefits of yogurt and increasing demand for low-fat dairy products are major factors driving the growth of the global yogurt market.
Increasing adoption of a healthy lifestyle and rising demand for low-calorie food products are factors propelling the growth of the market.
In addition, expansion of the retail network resulting in the wide availability of various types of yogurt, increasing promotional activities and new product launches by food & beverages companies, coupled with the increasing popularity of flavored yogurt among the young population are additional factors supporting the growth of the global yogurt market.
However, the presence of artificial colors and flavors in yogurt and the presence of a large number of hormones in milk that are used for the preparation of yogurt can adversely affect the health of individuals, which is expected to hamper the growth of the global yogurt market to a certain extent.
Development of low-cost yogurt with natural flavors and the introduction of new flavored yogurts, the increasing popularity of frozen yogurt as a replacement for ice creams, and the introduction of vegan yogurt from soy milk to cater to a growing vegan population are expected to create lucrative opportunities for major players in the global yogurt market.
The market in North America accounts for the largest market share in terms of revenue and is expected to maintain its dominance over the forecast period, owing to increasing demand for low-fat dairy products among individuals in the region.
The market in Europe is expected to account for the second-highest share in the market in terms of revenue over the forecast period, owing to the presence of key players in the region.
The market in the Asia Pacific is expected to witness lucrative growth, owing to the increasing popularity of dairy products, especially in India and China.
Yogurt Market Segmentation:
Segmentation by product type:
- Set Yogurt
- Greek Yogurt
- Yogurt Drinks
- Frozen Yogurt
Segmentation by distribution channel:
- Supermarkets and Hypermarkets
- Retailer Stores
- Convenience Stores
- Online Stores
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Danone SA
- Nestlé S.A
- Parmalat S.p.A.
- Yakult Honsha Co., Ltd.
- Chobani, LLC
- Yoplait SAS
- Arla Foods amba
- Britannia Industries Limited
- FrieslandCampina N.V.Mother Dairy Foods Processing, Ltd.
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