Yogurt Market Growing Demand for Flavored Yogurt Products across the Globe

According to Precision Business Insights (PBI), the latest report, the yogurt market was valued at USD 44,895.8 million in 2022 and is poised to grow at a CAGR of 6.3% during the forecast -period 2023-29. The primary drivers of the expansion of the global yogurt market include the increasing prevalence of digestive disorders and increasing consciousness of people about the health benefits associated with yogurt.in addition, increasing preference of consumers for low-calorie, high-protein, non-dairy healthier desserts, and the growing popularity of low-fat yogurt.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/yogurt-market

Greek Yogurt Segment is expected to Dominate the Yogurt Market:
Based on the yogurt type, the global Yogurt market is segmented into Set Yogurt, Greek Yogurt, Yogurt Drinks, Frozen Yogurt, and Others. Greek yogurt is expected to account for a larger revenue share in the global yogurt market. The increasing consumption of Greek yogurt in developing countries due to its health benefits is expected to drive market growth. In addition, flavored Greek yogurt is increasing popularity among health-conscious consumers and is expected to boost the growth of the yogurt market over the forecast period. For instance, in March 2017, Danone India Pvt ltd. Launched blueberry and mango-flavored Greek yogurt.

The Yogurt market is segmented based on type, fat content, flavor, source, distribution channel, and geography.
Based on the type, the market is segmented into the following:
• Set Yogurt
• Greek Yogurt
• Yogurt Drinks
• Frozen Yogurt
• Others

Based on the fat content, the market is segmented into the following:
• Fat-Free
• Low Fat
• Regular

Based on the flavor, the market is segmented into the following:
• Plain
• Flavored

Based on the source, the market is segmented into the following:
• Dairy-Based Yogurt
• Non-Dairy Based Yogurt

Based on the distribution channel, the market is segmented into the following:
• Supermarkets And Hypermarkets
• Convenience Stores
• Specialist Retailers
• Online Stores
• Others

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

Asia Pacific Yogurt Market:
The Asia Pacific yogurt market is expected to increase over the forecast period due to the increasing consumption of probiotics in this region due to its health benefits. In countries like India, yogurt is consumed as a dessert, and offered in varieties like organic yogurt, and drinkable yogurt. The rising trend of fruit-flavored yogurt has attracted many customers in this region. The key market players are focused on developing new innovative yogurt products in this region. For instance, in July 2022, CP Meiji launched orange-flavored yogurt with nata de coco with a citrus flavor and chewy coconut jelly texture. These factors are expected to boost the growth of the yogurt market in this region over the forecast period.

Request sample report at https://www.precisionbusinessinsights.com/request-sample/?product_id=686345

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global Yogurt market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region.

Key players profiles in the yogurt market report are Chobani LLC., Nestle, Danone (Yakult), Britannia Industries Ltd., FrieslandCampina, Arla Foods, Amul, CoolBrands International, Parmalat S.p.A, Dean Foods, Juhayna Food Industries.

Contact:
Mr. Satya
Precision Business Insights | Toll-Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Website: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.