Low-Fat Yogurt Market Set to Reach Valuation of US$ 37.1 Billion by 2028, Growth Rate (CAGR) 10.28%

IMARC Group, a leading market research company, has recently releases report titled "Low-Fat Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global low-fat yogurt market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Low-Fat Yogurt Market?

The global low-fat yogurt market size reached US$ 20.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.28% during 2023-2028.

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What are Low-Fat Yogurt?

Low-fat yogurt refers to yogurt that is prepared by fermenting low-fat or skim milk and comprises various nutrients, such as calcium, potassium, probiotics, and carbohydrates. It assists in reducing high blood pressure, boosting digestive health, and improving the immune system of individuals. Besides this, it aids in lowering the risk of type 2 diabetes, maintaining strong teeth and bones, and regulating the balance of electrolytes in the body. As it is consumed in numerous ways, such as snacks, desserts, and beverages, the demand for low-fat yogurt is increasing across the globe.

What are the growth prospects and trends in the low-fat yogurt industry?

At present, the rising consumer awareness about improved nutritional health benefits of low-fat yogurt represents one of the primary factors strengthening the market growth. Besides this, the growing adoption of low-fat yogurt due to the increasing number of people suffering from obesity around the world is offering a positive market outlook.

Moreover, the rising utilization of low-fat yogurt due to its availability through online and offline distribution channels worldwide is propelling the market growth. Apart from this, the wide availability of low-fat yogurt in various flavors, such as cherry, blueberry, strawberry, vanilla, and toasted coconut, across the globe is bolstering the growth of the market.

Furthermore, the rising consumption of low-fat yogurt, as it promotes weight management among individuals, is supporting the growth of the market.

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What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:
• Flavored
o Cherry
o Strawberry
o Mango
o Others
• Unflavored

Breakup by Nature:
• Organic
• Conventional

Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Chobani LLC, CP-Meiji Company Ltd., Danone S.A., Fage International S.A., General Mills Inc., Juhayna Food Industries, Lausanne Dairies, Muller UK & Ireland Group, Nestlé S.A., Parmalat S.p.A. (Lactalis American Group Inc) and Tillamook.

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