Yogurt Market to Witness Growth Acceleration During 2024 - 2031 | Met Foods, Cocos Organic, Hain Celestial

Market Overview:

The global yogurt market is estimated to be valued at US$ 139.1 billion in 2021 and is expected to exhibit a CAGR of 10.0% over the forecast period (2021-2028).

Market Dynamics:

Rising health consciousness and awareness about the health benefits of probiotic yogurt is a major driver for the market. Yogurt contains live and active cultures that aid in digestion and immunity. According to the report by Coherent Market Insights, the probiotic yogurt segment is expected to account for over 35% value share of the overall market by 2031. Additionally, increasing per capita disposable incomes in developing countries is expanding the consumer base for premium and super premium yogurts, thus fueling market growth during the forecast period. While convenience remains a priority for consumers, they also seek products that are natural and provide functional benefits.

💎 Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/1461?utm_source=openpr.com&utm_medium=referral

Yogurt Market Drivers

Increasing Health Consciousness Among Consumers

With growing awareness about the importance of maintaining a balanced diet and leading a healthy lifestyle, consumers are increasingly opting for yogurt as it is considered a healthy snack. Yogurt is packed with essential nutrients like calcium, proteins, vitamins and probiotics that are beneficial for maintaining gut and bone health. The rising demand for probiotic enriched, low-fat and high protein yogurt variants is a major driver of growth in the yogurt market.

Yogurt Market Opportunity

Growing Demand in Developing Nations

While yogurt consumption in mature markets like North America and Europe has reached saturation levels, developing countries like India, China, Brazil and countries in Southeast Asia offer significant headroom for future growth. Rising incomes, growing health awareness and western influence on diets in these emerging economies are fueling demand for dairy products including yogurt. Aggressive overseas expansion by major global players into high-potential developing markets creates lucrative opportunities for market expansion.

Yogurt Market Trend

Rise of Private Label and Discount Brands

Retailers are noticing changing shopping behaviors with customers becoming increasingly price-conscious. In response, supermarket chains are introducing their own private label and house brand yogurts at significantly lower price points compared to national brands. These affordably priced options offer good value without compromising on quality and taste. The trend of cost-conscious consumers gravitating towards no-frills private label products over premium brands is expected to gain further traction, shaping the competitive dynamics in the yogurt industry.

💎 You Can Purchase Complete Report @ https://www.coherentmarketinsights.com/insight/buy-now/1461

Top Companies Featured in This Report:

★ Met Foods
★ Cocos Organic
★ Hain Celestial
★ EasiYo Products Limited
★ Danone
★ General Mills Inc.
★ Stonyfield Farm Inc.
★ Daiya Foods Inc
★ Good Karma Foods Inc.
★ Hudson River Foods
★ NANCY'S
★ Kite Hill
★ COYO Pty Ltd.
★ Nush Foods
★ Chobani LLC
★ Barambah Organics Pty Ltd
★ Blue Diamond Growers
★ Dean Foods
★ General Mills Inc.
★ Granarolo S.P.A.

Market Segmentation:

By Product Type:

★ By Source: Soy, Almond, Oats, Coconut, and Others
★ By Distribution Channel: Hypermarket/Supermarket, Convenience Stores, Specialty Stores, Online, and Others

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Trends in Navigation Keyword Market:

Market Growth: Expect significant expansion in the navigation keyword market, with a projected Compound Annual Growth Rate (CAGR) of 14.65% from 2024 to 2031.

Increasing Demand: Notice a surge in demand for navigation keywords due to the widespread adoption of GPS-enabled devices and the need for precise mapping data.

Technological Innovations: Witness innovative breakthroughs enhancing the accuracy and reliability of navigation keywords, such as real-time traffic updates, 3D mapping, and augmented reality.

Tailored Solutions: Explore industry-specific navigation keyword solutions designed to meet the unique needs of automotive, aviation, and maritime sectors.

Integration with Advanced Technologies: Embrace the integration of navigation keywords with cutting-edge technologies like artificial intelligence and the Internet of Things, unlocking advanced functionalities.

Mobile Applications: Embrace the convenience and accessibility of navigation keywords through mobile applications, catering to the evolving needs of consumers.

Environmental Sustainability: Embrace environmentally conscious navigation keyword solutions that address issues like traffic congestion and air quality, promoting sustainable transportation options.

Report Highlights:

📈 Examination of navigation keyword market share at both country and regional levels

📈 Thorough analysis of the competitive landscape and emerging trends

📈 Detailed review of product advancements, technological developments, drivers, and limitations

📈 Strategic recommendations tailored for key business segments based on market insights

📈 Valuable guidance for newcomers venturing into the navigation keyword market

Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/1461

Author Bio:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )

Contact Us

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Australia: +61-2-4786-0457
India: +91-848-285-0837

About Us

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.