Flavored Yogurt Market Is Predicted To Witness A CAGR of 7.4% in Terms of Revenue By 2032 | FMI

global Flavored Yogurt market is expected to reach a market valuation of USD 32.8 Bn by the year 2022, accelerating with a CAGR of 7.4% by 2022-2032. Flavored Yogurt sales are likely to account for ~30.9% of the demand in the global adhesive tapes market, valued at USD 106.2 Bn in 2022.

In the worldwide food and beverage business, the demand for innovative and exotic flavors is growing significantly. Aromatic and plant-based or vegetable-based yogurts, such as beet, carrot, and squash, are being introduced by companies. These products can be eaten as snacks or used in recipes. Furthermore, these plant-based yogurts are high in nutrients, which appeals to the millennial generation.

As a result, there will be a beneficial impact on the worldwide non-dairy yogurt market. Cargill Inc., for example, sells PURIS pea protein, which is made from yellow peas and processed without hexanes. The company has created a yogurt prototype that is functionally creamier and has a superior mouthfeel using the clean-tasting pea starch and pea protein ingredients.

"Consumers' shifting dietary patterns toward the use of flavored yogurt as a dessert and as an important dietary component has influenced the rise of yogurt and made it a popular food item in recent years." said a lead analyst at FMI.

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Drinkable Flavored Yogurt Among Fastest Growing Breakfast Trends

Drinkable flavored yogurt is growing in popularity as a way to feed the body at the start of each day, thanks to consumer demand for more protein, better nutrition, and convenience. Many people's daily routines are incorporating flavored yogurt and fruit smoothies containing nonfat yogurt, which have a higher nutritional value than most other popular breakfast options. In addition to helping consumers strengthen and grow muscles and control their appetite, yogurt can also help them regulate their digestion.

These advantages can be included in food formulations, making it easier to appeal to clean label campaigns and comply with new label standards. While drinkable yogurt stands apart from other conventional forms, there are other methods for these products to catch buyers' attention. In the past, common flavors like strawberry, vanilla, and other fruit flavors were the norm, but now, imaginative producers are creating flavor profiles that are both decadent and enticing while also being low in sugar and fat.

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Who is winning?

Some of the leading companies offering flavored yogurt are General Mills, Inc.; Danone S.A., Nestle S.A., Chobani LLC, Lactalis, Fonterra Co-operative Group, Arla foods, Yakult Honsha Co., Ltd., ULTIMA FOODS, Chobani, LLC., Sodiaal, Müller UK & Ireland, Rainy Lanes Dairy Foods Ltd., Parmalat S.p.A., Chi Limited, Cargill, Incorporated., Mother Dairy Fruit & Vegetable Pvt. Ltd., Britannia Nutrition Foundation, and Others.

Get Valuable Insights into Flavored Yogurt Market

Future Market Insights, in its new offering, provides an unbiased analysis of the flavored yogurt market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Flavored Yogurt Market by Category

By Nature, Flavored Yogurt Market is Segmented as:

Organic Flavored Yogurt
Conventional Flavored Yogurt

By Form, Flavored Yogurt Market is Segmented as:

Spoonable
Drinkable

By Flavor, Flavored Yogurt Market is Segmented as:

Strawberry
Vanilla
Peach
Blueberry
Chocolate
Vegetable-based
Others

By End Use, Flavored Yogurt Market is Segmented as:

Food and Beverage Industry
HoReCa
Household Retail

By Sales Channel, Flavored Yogurt Market is Segmented as:

B2B
B2C
Modern Trade
Convenience Stores
Traditional Grocery Stores
Specialty Stores
Online Retail
Other Retail Formats

By Region, Flavored Yogurt Market is Segmented as:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle east and Africa

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Frequently Asked Questions

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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