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Flavored Yogurt Market Report Overview, Industry Top Manufacturers, Size, Growth 2023 - 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Flavored Yogurt Global Market Report 2023 identifies increasing health consciousness among consumers as the major driver for the Flavored Yogurt market's growth in the forecast period. Health-conscious consumers (HCCs) are those consumers that live a 'wellness-oriented' lifestyle and are worried about their environment and nutrition. Health-conscious consumers are interested in the consumption of healthier products such as yogurt which supports digestive health and weight consciousness.
The global flavored yogurt market size is expected to grow from $52.83 billion in 2022 to $56.67 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The flavored yogurt market size is expected to reach $74.41 billion in 2027 at a CAGR of 7%.
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Major competitors in the Flavored Yogurt market are Danone SA, Lactalis, Chobani, Arla Foods amba, Emmi Nederland BV, Ultima Foods, Nestlé SA, Sodiaal, Müller Corner, Parmalat, Rainy Lanes Dairy Foods Limited
A key trend in the Flavored Yogurt market includes Product innovations. Major companies operating in the market are focused on innovating new products such as plant-based yogurt to offer sustainable product options while providing the same health benefits to consumers. For instance, in June 2020, Epigamia, an Indian producer of dairy-based food products launched its innovative 100% plant-based yogurt line made with coconut milk. The unique feature of the product is multiple flavors such as unsweetened coconut yogurt and coconut jaggery-flavored yogurt options. The product is produced using coconut milk and contains no preservatives. It is a product suitable for consumers demanding sustainable food options.
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The Flavored Yogurt market is segmented -
1) By Type: Organic, Conventional
2) By Form: Spoonable, Drinkable
3) By Flavor: Strawberry, Blueberry, Vanilla, Peach, Other Flavors
4) By Distribution Channel: Supermarket, Convenience Stores, Online, Other Distribution Channels
5) By End Use: Food And Beverage Industry, HoReCa (Hotel, Restaurant, Cafe), Household Retail
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Flavored Yogurt market.
The Business Research Company's "Global Flavored Yogurt Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Flavored Yogurt Market Include:
1. Executive Summary
2. Flavored Yogurt Market Characteristics
3. Flavored Yogurt Market Trends And Strategies
4. Flavored Yogurt Market - Macro Economic Scenario
5. Flavored Yogurt Market Size And Growth
……
27. Flavored Yogurt Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flavored Yogurt Market
29. Flavored Yogurt Market Future Outlook and Potential Analysis
30. Appendix
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