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Yogurt Market : Year 2021-2027 and its detail Analysis

Yogurt Market

Yogurt Market

The global yogurt market accounted for US$ 115.4 Bn in 2019 in terms of value and is estimated to reach at US$ 255.3 Bn by the end of 2027 at a CAGR of 10%.

Yogurt is food produced by bacterial fermentation of milk. These bacteria are known as yogurt cultures and are produced by using cultures of streptococcus thermophiles and Lactobacillus bulgaricus bacteria. Yogurt is a popular fermented milk product and is gaining demand as a healthy food product as it plays an important role in fat loss and enhancing the functioning of the digestive system.

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The versatile nature of yogurt and its in different forms is expected to drive the market growth. Yogurt is consumed widely in all types of meals from breakfast to lunch and to dinner. Moreover, it is available in different flavors such as plain, flavored, with toppings, etc. which is also driving growth of the yogurt market.

The presence of artificial additives and ingredients such as gelatin and stabilizers in yogurt can have an adverse impact on human health, which in turn, is expected to hamper its consumption and the market growth.

Flavored Greek yogurt is gaining popularity among health-conscious consumers and this is projected to propel the market growth of the yogurt during the forecast period.

Company Names

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.

African Key Players

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

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