Frozen Yogurt Market Expected to Reach USD 3 Billion by 2032, Showing Steady Growth in the Global Frozen Desserts Industry

The Frozen Yogurt market demonstrates steady growth, with a projected size of USD 3 billion by 2032, driven by a 3.7% value CAGR from 2022 to 2032. The top 3 countries collectively hold a substantial 35.8% market share, highlighting the enduring appeal of this delightful frozen treat in a dynamic and evolving dessert industry.

Frozen yoghurt sales are growing significantly as more people opt for healthier dessert options. Because of its creamy texture and wide variety of flavours, frozen yoghurt has become more and more popular as an alternative to traditional ice cream. The market is expanding as a result of growing consumer demand for tailored solutions, increased health consciousness, and innovative product offerings.

Occasionally, freeze-dried yoghurt contains additional dairy components. Milk fat, milk solids, sweetener (artificial sweeteners such aspartame are employed), and yoghurt culture are the basic components of frozen yoghurt. The name "frogurt" is used to describe frozen yoghurt. Frozen yoghurt first gained popularity in America, and it has since spread to every country in the world. Frozen yoghurt occasionally tastes tarter than ice cream and has less fat because it is made with milk rather than cream. Despite being a straightforward soft serve, it is not ice cream. Another name for it is low-fat ice cream.

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Market Regional Outlook:

Regional segment for the market of frozen yogurt is segmented into seven different regions: North America, Latin America, APAC, Europe and MEA. Among these region North America is expected to have the major market share globally. Europe has also emerged as a prominent market for frozen yogurt, as the popularity of frozen yogurt is increasing in the countries like France, U.K. and Germany, which is expected to fuel the growth of frozen yogurt.

Market Drivers:

Consumers are more health conscious these days, they tend to consume desserts that are low in fat and has minimal amount of sugar, and frozen yogurt becomes the best alternative to unhealthy desserts as frozen yogurts fulfill both the requirements of consumers, and these factors are expected to drive the market of frozen yogurt. Another factor which is anticipated to boost the sales of frozen yogurt is the distribution of these products through online channels, as online retailers offers a wide variety of frozen yogurt.

Moreover, online stores offer frozen yogurt with lucrative offers or coupons. All these benefits combined are expected to act as positive factors driving growth of the global frozen yogurt market over the forecast period. The frozen yogurt market is also driven by the love for refreshing ice-cream alternative by the kids. Kids prefer chilled desserts in the summer seasons and frozen yogurt is a perfect answer to their demands. Moreover, increasing penetration of organized players ensures a highly competitive market scenario, and results in launch of an increasing variety of frozen yogurts, which is expected to boost overall growth of frozen yogurt globally to a substantial extent over the forecast period.

Market Key Players:

Some of the key players in frozen yogurt market includes Menchie's Frozen Yogurt Company, Pinkberry, Honey Hill Farms, Scott Brothers Dairy, Red Mango, Inc., Yogurtland Inc., Gujarat Cooperative Milk Marketing Federation Ltd., TCBY, and Nestle among others.

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-Frozen Yogurt Market By Category

-By Product Type, Frozen Yogurt Market is Segmented as:
Dairy Based
Non-Dairy Based

-By Fat Content, Frozen Yogurt Market is Segmented as:
Full Fat
Low Fat
No Fat

-By Flavor, Frozen Yogurt Market is Segmented as:
Chocolate
Strawberry
Banana
Pineapple
Mango
Lemonade
Peach
Other Flavors

-By Sales Channel, Frozen Yogurt Market is segmented as:
Offline Sales Channel
Supermarkets/Hypermarkets
Departmental Stores
Convenience Store
Other Sales Channel
Online Sales Channel
Company Website
E-commerce Platform

-Frequently Asked Questions
How much is the Frozen Yogurt Market Currently Worth in 2021?
What is the Growth Rate Of The Frozen Yogurt Market over the Projected Time?
What is the Anticipated Market Value of the Frozen Yogurt Market Over the Forecast Period?
Which Region is Inferred to Drive the Frozen Yogurt Market By 2032?
Who are the Top Players Dominating the Frozen Yogurt Market?

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