openPR Logo
Press release

Yogurt market Has Been Estimated to Account for US$ 142.5 Bn by 2026

06-13-2018 01:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Report Insights

Yogurt market Has Been Estimated to Account for US$ 142.5 Bn

The global yogurt market is expected to increase at an above average CAGR over the forecast period. The global yogurt market was valued above US$ 89.6 Bn in 2016, and is projected to increase at a CAGR of 10.0%, reaching a market value of US$ 232.1 Bn by the end of forecast period 2016-2026. The global yogurt market is anticipated to represent incremental opportunity of US$ 142.5 Bn between 2016 and 2026. In terms of volume, the global yogurt market is estimated to reach 37,139.2 KT by 2016 end and is anticipated to increase to 91,790.7 KT by 2026, over the forecast period. Middle East & Africa (MEA) is the fastest growing region and is expected to exhibit promising growth in the global yogurt market, registering a volume CAGR of 10.5% over the forecast period. Driven by the consumption growth of yogurt due to health benefits, the MEA yogurt market is expected to witness a sustainable growth rate over the coming years. Turkey and Kenya are likely to provide substantial opportunities in the global yogurt market over the coming years.

Continuous innovation and new product development is the key to success in the yogurt business. Yogurt is nowadays considered as a part of ‘Daily Diet’ and there is a surge in its demand due to health benefits. The aforementioned factors are expected to boost the demand of yogurt in near future.

Request For Report Sample: https://www.researchreportinsights.com/report/sample/110114720/Yogurt-market

Performance analysis of yogurt type segment

On the basis of type, yogurt market is segmented into fruit, regular/plain, low fat & fat free and flavoured. Flavoured segment is projected to account for a major share of the global yogurt market. Owing to the availability of wide range of flavours and mouth-watering flavours, flavoured segment is expected to gain significant BPS in the global yogurt market between 2016 & 2026. In 2016, flavoured segment dominated the global market with 52.2% revenue share, followed by regular/plain and low fat & fat free segments holding 21.2% and 15.2% shares respectively.

Flavoured segment will continue to expand at a CAGR of 10.1% over the given period to reach a market value of about US$ 122.7 Bn by the end of 2026. The demand for flavoured segment is expected to be driven, by regional markets such as Middle East & Africa, Asia Pacific Excluding Japan (APEJ) and Western Europe owing to rise in awareness among the customers regarding health issues. On the other hand regular/plain segment is estimated to exhibit a steady growth rate through the forecast period and is anticipated to expand at a CAGR of 9.6% in terms of value over the forecast period. Fruit segment, expanding at a CAGR of 9.8%, is expected to represent 11.0% share of the total incremental opportunity created between 2016 and 2026.

Request For Report Discount: https://www.researchreportinsights.com/report/discount/110114720/Yogurt-market

Market analysis of yogurt type segment

Fruit: Fruit segment is expected to reach a market value of more than US$ 25.9 Bn by 2026 end.

Regular/Plain: Regular/Plain segment was estimated to be valued at over US$ 19.0 Bn by 2016 end and is projected to expand at a CAGR of 9.6% over the foreseen period to reach a value of US$ 47.4 Bn by 2026 end.

Low Fat & Fat Free: Low Fat & Fat Free segment is expected to reach a market value of US$ 36.1 Bn by 2026 end

Flavoured: Flavoured segment is expected to hold major shares throughout the forecast period, accounting for more than 53% share of the total incremental opportunity created between years 2016 and 2026.

Competitive Landscape

Major players reported in the study of global yogurt market include, General Mills, Inc., Nestle SA, Danone, Yakult Honsha Co., Ltd., Ultima Foods Inc., Chobani, LLC, Sodiaal, Muller UK & Ireland Group LLP, Kraft Foods Group, Inc., Rainy Lanes Dairy Foods Ltd., Parmalat S.p.A., Juhayna Food Industries, Clover S.A. (Pty) Ltd., Chi Limited, Brookside Dairy Limited, Sameer Agriculture & Livestock Limited, Lausanne Dairies (Pty) Ltd., Jesa Farm Dairy Ltd.

Report Analysis: https://www.researchreportinsights.com/report/rd/110114720/Yogurt-market

About Us:
Research Report Insights (RRI) is a leading market intelligence and consulting firm. We deliver a host of services including custom research reports, syndicated research reports, and consulting services which are personalised in nature. RRI delivers a complete packaged solution to clients; this combines current market intelligence, technology inputs, statistical anecdotes, valuable growth insights, 360-degree view of the competitive framework, and anticipated market trends.

Contact Us:
Research Report Insights
101 Maimuna Apartment
Koliwada Vasai West,
Mumbai-401201
Email: sales@researchreportinsights.com
Web Site: www.researchreportinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Yogurt market Has Been Estimated to Account for US$ 142.5 Bn by 2026 here

News-ID: 1080853 • Views:

More Releases from Research Report Insights

Automotive Brake System Market 5.7% of CAGR throughout 2017-2022 Research Report Insights
Automotive Brake System Market 5.7% of CAGR throughout 2017-2022 Research Report …
The global automotive brake system market is anticipated to witnessing a substantial growth due to fresh prospects of the automotive industry in emerging along with developing economies and increased safety concerns by the government. It was stated in the report that the overall growth of the market is expected to reach a market value of above US$ 25 Billion through 2022, exhibiting a strong 5.7% of CAGR throughout 2017-2022. In modern
Automotive Brake System Market 2022 | Continental AG, Robert Bosch GmbH, Wabco Holdings, Inc., ZF Friedrichshafen AG, Aisin Seiki Co, Ltd., Knorr-Bremse AG, Akebono Brake Industry Co. Ltd
Automotive Brake System Market 2022 | Continental AG, Robert Bosch GmbH, Wabco H …
The global automotive brake system market is anticipated to witnessing a substantial growth due to fresh prospects of the automotive industry in emerging along with developing economies and increased safety concerns by the government. It was stated in the report that the overall growth of the market is expected to reach a market value of above US$ 25 Billion through 2022, exhibiting a strong 5.7% of CAGR throughout 2017-2022. In modern
Tarpaulin Sheets Market These factors, thus, are likely to boost the plastic mar …
A tarpaulin is a big sheet of water-proof material available in various sizes, generally being crafted from plastic like HDPE, LDPE. Tarps can be used to refuge any kind of items. Tarpaulins can efficiently be used to cover goods in the course of shipping and then they also can be used to house goods internal of a truck body so they are not uncovered to the elements. The Tarpaulin Sheets Market
Research Report Insights present kayaks market by 21 percent, or over by $42 mil …
Kayaking is a watersport which involves paddling using a double-bladed oar and a small boat known as a kayak. The boats come in a variety of sizes and types, depending on their intended use, but most kayaks feature an enclosed deck which covers the legs. The boat sits low in the water & usually only accommodates the single paddler, but tandem kayaks hold two people and some boats hold three

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and