Flavored Yogurt Market Size, Global Research report, Trends by Top Manufacturer and Forecast

The flavored yogurt market size was valued at $63.6 billion in 2018, and is estimated to reach $92.3 billion by 2026, registering a CAGR of 4.8% from 2019 to 2026. In 2018, the strawberry segment accounted for more than half of the total flavored yogurt market share.

Flavored yogurt is prepared from addition of flavor to the fermented milk with well-defined and viable bacteria which creates a thickened product having an extended shelf life. Flavored yogurt is offered in the market in various forms including drinkable, frozen, set and Greek. Flavors, sweeteners and fruits are added to the yogurt to enhance the aroma, taste and consistency.

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Growing awareness regarding the health risk and ill effects of the consumption of food produced/grown using synthetic chemicals is likely to propel the growth of organic flavored yogurt market.

The key players profiled in this report include Danone, Nestle, Chobani LLC, General Mills, Arla Foods, Müller, Fage International S.A., Stonyfield Farm Inc., Emmi Group, and Cabot Creamery.

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The flavored yogurt market is segmented on the basis of flavor, distribution channel, type, and region. Based on flavor, the flavored yogurt market is categorized into strawberry, vanilla, peach, blueberry, and others. Strawberry has been the most preferred choice of flavored yogurt among the consumers due to the fresh color, characteristic sweet taste and the smooth texture. The strawberry segment was valued at $25.8 billion and is expected to grow with a CAGR of 4.3% from 2019 to 2026, to reach $36.1 billion by 2026. The blueberry segment is estimated to be the fastest growing segment, with a CAGR of 5.8% during the forecast period.

Key Findings of the Flavored Yogurt Market :

The flavored yogurt market was valued at $ 63.6 billion in 2018 and is estimated to reach $92.3 billion by 2026, growing at a CAGR of 4.8% during the forecast period.
By type, the organic segment is estimated to witness the fastest growth, registering a CAGR of 11.6% during the forecast period.
In 2018, by distribution channel, the supermarket/hypermarket segment held the highest share, accounting for one third of the global flavored yogurt market share.
In 2018, Germany was the most prominent market in the Europe region and is expected to grow at a significant CAGR throughout the forecast period.

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