Yogurt Market Analysis - Global Industry Size, Share, Trends and Forecast 2022 - 2030

Introduction

Yogurt is a low sugar, low calorie, and digestive food product made from low fat, skimmed milk, or whole. Yogurt products are also produced as non-dairy delicacies known as soy yogurt and coconut yogurt. It may consist of fermenting bacterial cultures, sweeteners, flavors, color additives, stabilizers, emulsifiers, and preservatives depending upon the way of production. The various nutrients present in yogurt include good bacteria for digestive tract, protein, calcium, vitamin B-2, vitamin B-12, potassium, and magnesium. Plain yogurt or set yogurt is the most accepted variety with an average of 100 to 160 calories per serve based over fat content dependency. The flavored variety of yogurt ranges from simple vanilla with added sugar to different fruit flavored types available in the market.

Market Dynamics

The primary drivers of the market include health benefits associated with the consumption of yogurt and increasing awareness among people for losing weight. Other factors supporting the market growth are expansion of retail market in various regions and the lower lactose content for lactose intolerant people willing to eat dairy products. However, artificial additives & ingredients, often added to the yogurt, pose harmful effects on human health and are expected to restrict people from consuming yogurt, thus, limiting the market growth. Growth in demand for yogurt in emerging nations owing to rise in disposable income as well as increase in health awareness are expected to provide numerous opportunities for the expansion of global yogurt market.

Among all yogurt types, set yogurt held major position in terms of market share. Increasing use of set yogurt in several cooking recipes and consumption of yogurt as dessert is subsidizing towards the progression of set yogurt product segment. However, yogurt drinks and frozen yogurt segments are expected to display strong growth during the upcoming period. Yogurt drinks segment is further bifurcated into flavored drinks and regular drinks. Flavored yogurt drink is anticipated to witness rapid growth during the forecast period. Growing accessibility of several fruit and other flavored yogurt with many health benefits is expected to support the demand of flavored yogurt drinks and flavored frozen yogurt segments in the near future.

Report coverage

The market research study on “Yogurt Market (Type: Set Yogurt, Greek Yogurt, Yogurt Drinks, Frozen Yogurt; Distribution Channel: Supermarkets/Hypermarkets, Independent Retailers, Specialist Retailers, Convenience Stores, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast 2023” offers a detailed insights on the global yogurt market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. Information about porter's five forces analysis is also covered under the report scope. The report provides insights on global yogurt market, its type, distribution channel, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global yogurt market size and volume, and segment markets by type, distribution channel, and geography along with the information on companies operating in the market. The yogurt market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, and LAMEA followed by major countries. For each region, the market size and volume for different segments has been covered under the scope of report. The players profiled in the report include Arla Foods Amba, Britannia Industries Limited, Chobani, LLC; Danone, General Mills, Inc. (Yoplait), Gujarat Cooperative Milk Marketing Federation (Amul), Lactalis Group, Nestle S.A., Parmalat S.P.A., and Saputo Inc. others.

The global yogurt market is segmented as below:

• Set Yogurt
• Greek Yogurt
• Yogurt Drinks
  • Regular
  • Flavored
• Frozen Yogurt

• Supermarkets/Hypermarkets
• Independent Retailers
• Specialist Retailers
• Convenience Stores
• Others (Online & Home Deliveries) 

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain 
  • Russia
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Rest of Asia-Pacific
• LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Turkey
  • Rest of LAMEA