Global Yogurt Market Research Report | Market Demand, Growth, Analysis and Forecasted till 2025 | DANONE SA, General Mills, Inc., and Sodiaal, Chobani LLC, and FAGE International S.A.
Rise in awareness regarding the health benefits of Yogurt along of changing lifestyle for healthier life by people is driving the yogurt market
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Yogurt is a sour food product, often sweetened or flavored, prepared via homogenization and fermentation of pasteurized milk. It is rich in calcium and protein. It is consumed in various forms such as beverage, snacks, meal replacement, dessert, protein-rich sports drink, and different other forms. The increase in awareness of the health benefits of yogurt is a key driver of this market. The health benefits associated with eating yogurt include healthy digestion, lower risk of type 2 diabetes, protection against colorectal cancer, prevention & treatment of osteoporosis, enhanced weight & fat loss, improved immune system, and reduction of high blood pressure & bad cholesterol. Yogurt can be consumed without any changes in the diet pattern and can immediately be introduced as a supplement to the traditional diet as a nutritious and healthy product and thus, will trigger the market growth of yogurt over the forecast period.
Scope of the Report
On the basis of the type of product type, the market is segmented into Flavoured Yogurt, Regular Yogurt & Low Fat/ Fat-Free Yogurt. Based on the form of yogurt, the market is segmented into Set Yogurt, Greek Yogurt, Frozen Yogurt, Yogurt Drinks, and Others. Further, the market is bifurcated, on the basis of packaging type into Cup, Pouch, Bottles, and Others. On the basis of distribution channel, the market is segmented into Supermarket & Hypermarket, Convenience Store, and Online Store. Finally, the report covers the analysis of these segments across North America, Europe, Asia Pacific, Middle East & Africa and Latin America along with the qualitative analysis for market estimates that boosts the growth of the global yogurt market during the forecast period.
The report also highlights the competitive landscape of the global yogurt market that includes the company overview, products & offerings, strategic decisions taken by the company, launch of new products, technology landscape, and financial highlights.
Key Findings of the Report
According to BlueWeave Consulting, the key findings of the report “Global Yogurt Market Size, Share, Development, Growth and Demand Forecast to 2025” are:
• The demand for global yogurt market is expected to grow a significant rate, during the forecast period. Increasing awareness about the benefits of yogurt and the changing lifestyle of people towards healthier lives are noteworthy factors which are expected to positively impact market growth over the next forthcoming years.
• Flavoured Yogurt is the largest segment among the product type. Flavoured Yogurts are beneficial for health and since they are available in so many varieties, they are highly preferred.
• Supermarket & Hypermarket are the significant distribution channel of the market. Supermarkets have better visibility of products backed with availability of all types of sizes and packages. Thus, due to dimension, attraction ability and dynamism, Supermarket & Hypermarket are having a positive impact on the industry growth over the forecast period.
• Asia Pacific is likely to witness fastest growth during the forecast period. The demand for yogurt in the region is likely to increase at a significant CAGR during the forecast period. Best alternative to high protein milk along with increasing western influences is growing the market.
The Global Yogurt Market is dominated by a number of players, amongst them, the major players are DANONE SA, General Mills, Inc., and Sodiaal, Chobani LLC, and FAGE International S.A. Companies in this industry are following different strategies to strengthen their market position. The manufacturing companies are expected to increase spending on the development of new products. As a result, the companies are likely to collaborate with buyers located in the consumer goods industry for research & development.
Market Segmentation: Global Yogurt Market
By Product Type
• Flavoured Yogurt
• Regular Yogurt
• Low Fat/ Fat-Free Yogurt
• Set Yogurt
• Greek Yogurt
• Frozen Yogurt
• Yogurt Drinks
By Packaging Type
By Distribution Channel
• Supermarket & Hypermarket
• Convenience Store
• Online Store
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
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