Yogurt Market Scope, Insight, Focused Growth Forecast by 2029

Market Analysis and Size

The primary factor driving the market in the medium term increased consumer preference for non-dairy, low-calorie, high-protein, and healthier desserts. Furthermore, the growing popularity of low-fat yogurt and the introduction of healthy product variants in various flavours are likely to provide consumers looking for a healthy alternative to desserts with ample options. Furthermore, busy lifestyles and health and wellness concerns drive consumers to choose convenient yogurt as meal replacements.

Data Bridge Market Research analyses that the yogurt market was valued at USD 107.2 billion in 2021 and is expected to reach the value of USD 162.04 billion by 2029, at a CAGR of 5.30% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
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Yogurt Market Regional Analysis/Insights
The yogurt market is analysed and market size insights and trends are provided by country, nature, product type, flavour, price range, sales channel and application as referenced above.

The countries covered in the yogurt market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, UAE, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the yogurt market due to rising weight-loss awareness, rising yogurt consumption, rising retail market expansion, rising public awareness of the health benefits of yogurt, and rising public awareness of healthy food in this region. North America is expected to grow in the yogurt market due to increased awareness, changes in taste and preference, and health concerns, as well as increased spending on these products due to alarming adult obesity rates, growing consumer indulgence in exotic flavours, and significant investments by manufacturers in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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