Yogurt Market is Projected to Reach USD 138 billion in 2027, and will Grow at a CAGR of 10% till 2027 | Size, Growth, Analysis & Industry Forecast

Yogurt Market

As per the report published by World Health Organization (WHO), in 2016 more than 1.9 billion adults were estimated to be overweight, out of which 650 million people were obese and around 2.8 million people die every year due to obesity, which is pushing consumers across the globe to add yogurt in their diets. Moreover, rise in the launch of innovative products, easy availability of flavored yogurt products at online platforms, growing demand for low fat & fat-free yogurt products and increasing consumer preference for organic and minimally processed food, are some of the additional factors supplementing the Yogurt Market size. In addition, the increasing investments by leading players on research and development, rise in the number of shopping malls and grocery products, rapid urbanization, and growing population growth rates, are further contributing to the market growth.

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However, the growth of Yogurt Market is hindered due to additives and preservatives in yogurt products.

The major players operating in the market are Dean Foods Company, Valio Ltd, Juhayna Food Industries, Mother Dairy Fruit & Vegetable Pvt Ltd, Lactalis Group, Amul, Arla Foods, CoolBrands International Inc, Emmi Group and Saputo Inc., among others.

Based on Type, the Greek Yogurt segment is predicted to expand at a significant CAGR during the forecast period

Rise in the launch of new flavors of Greek yogurt products such as mango, strawberry, and blueberry, are propelling the segment's growth.

Based on Distribution Channel, the Supermarkets/Hypermarkets segment is projected to grow at a remarkable CAGR over the forecast period

As per the Yogurt Market Research Report, Supermarkets offer different variety of yogurt products, provide huge discount to their regular customers with free delivery options, are some of the factors responsible for the segment's growth. 

Based on Region, the North American region is anticipated to capture the largest market share during the forecast period

Growing demand for new flavors of yogurts, rising consumers inclination towards adopting healthy diets, increasing preference for natural or organic products and rapid urbanization, are some of the important factors augmenting the market growth in North America.

Market Segmentation

Global Yogurt Market by Type

Set Yogurt
Greek Yogurt
Yogurt Drinks
Regular
Flavored
Frozen Yogurt

Global Yogurt Market by Distribution Channel

Supermarkets/Hypermarkets
Independent Retailers
Specialist Retailers
Convenience Stores
Others (Online & Home Deliveries)

Global Yogurt Market by Region  

Asia Pacific
China
Japan
India
Rest of APAC

North America
United States of America
Canada

Europe
United Kingdom
Germany
France
Spain
Rest of Europe

RoW
Brazil
South Africa
Saudi Arabia
UAE

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