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๏ปฟFrozen Yogurt Market is set to surge, with a projected CAGR of 4.10 percentage from 2024 to 2030

10-03-2024 11:47 AM CET | Food & Beverage

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

Frozen Yogurt Market

Frozen Yogurt Market

Forecast Increase in Revenue:

Frozen Yogurt Market size was valued at US$ 1.82 Bn. in 2023 and the total revenue is expected to grow at 4.10% through 2024 to 2030, reaching nearly US$ 2.41 Bn.

Frozen Yogurt Market Overview:

The frozen yogurt industry has emerged as a popular dessert choice, offering a wide array of flavors and experiences. A recent Maximize survey reveals that nearly 85% of Americans prefer frozen yogurt over other frozen treats such as ice cream and gelato. Over the past year, the sector has seen consistent growth, largely fueled by the rising demand for healthier dessert alternatives and innovative product offerings. Although many frozen yogurt chains have consolidated due to heightened competition, there remains significant opportunity for new entrepreneurs in the market.

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐Ÿ๐จ๐ซ ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž + ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ ๐ซ๐š๐ฉ๐ก๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.maximizemarketresearch.com/request-sample/122850/ ๏ปฟ

Drivers in the Frozen Yogurt Market:

The primary factors propelling the frozen yogurt market include increasing health awareness among consumers and the growing demand for low-fat and low-sugar dessert options. Frozen yogurt fulfills both of these needs, making it an attractive alternative to traditional desserts. The convenience of purchasing frozen yogurt online has also contributed to market growth, as many online retailers offer a wide selection of products along with discounts and promotions. Additionally, children's preference for chilled treats, especially during warmer months, further boosts the market. The growing popularity of non-dairy options made from almond and soy milk also plays a pivotal role in the expansion of the frozen yogurt market.

Frozen Yogurt Market Trends:

The frozen yogurt industry has seen a shift toward self-service models, which currently account for 69% of all outlets. This trend, coupled with the introduction of vegan frozen yogurt and naturally flavored options, is expected to generate new revenue streams for market players. Companies such as Yogurtland have introduced fast-casual concepts like "Holsom by Yogurtland" to further capitalize on this trend. The increasing variety of frozen yogurt flavors and health-focused options continues to shape consumer preferences and drive market growth.

๐–๐š๐ง๐ญ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/inquiry-before-buying/122850/

Frozen Yogurt Market Opportunities:

The frozen yogurt market presents ample opportunities, particularly with the ongoing development of innovative products. Vegan and sugar-free offerings, in particular, are gaining traction as consumers seek healthier dessert options. The rise of self-service outlets and the expansion into vegan alternatives present lucrative growth avenues for both existing companies and new market entrants. Additionally, advancements in natural flavorings and healthier ingredient choices will likely open up new revenue streams, allowing companies to cater to a wider demographic.

What is Frozen Yogurt Market Regional Insight?

In terms of regional growth, North America, particularly the United States, dominates the frozen yogurt market. The U.S. accounts for 42% of global market growth, driven by new ingredients with health benefits and alternative sweeteners. In 2023, over 121 million gallons of frozen yogurt were consumed in the U.S., with companies like Menchie's, TCBY, and Yogurtland holding significant market shares. Emerging markets in Asia, including China, India, and Japan, are also showing strong potential for growth. In India, for example, the yogurt industry is expected to reach $1 billion by 2023, driven by a growing demand for nutritious, low-fat, and gluten-free options.

๐…๐‘๐„๐„ |๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @ https://www.maximizemarketresearch.com/request-sample/122850/

Segmentation Analysis of the Frozen Yogurt Market:

by Product Type

Full-Fat
Fat-Free
Low-Fat

by Type

Regular Frozen Yogurt
Sugar-Free Frozen Yogurt

by Flavor

Mango
Strawberry
Chocolate
Banana
Pineapple
Others

by Distribution Channel

Supermarkets and Hypermarkets
Grocery Stores and Department Stores
Specialty Stores
Online Stores

Who is the largest manufacturers of Frozen Yogurt Market worldwide?

North America
1. Yogurtland
2. Mrs. Fields
3. The Hain Celestial Group
4. Honey Hill Farms
5. Crest Foods
6. Nancy's Yogurt
7. Groupe Lactalis
8. Mixmi
9. Wallaby Organic

Europe
10. Danone
11. Glenisk
12. Groupe Lactalis
13. Weeel
14. Savencia Fromage and Dairy
15. Snog

APAC
16. Jining Xueyuan Dairy
17. Simple Love Yogurt
18. Meiji Co., Ltd.
19. Yili Group
20. Mengniu Dairy
21. Amul

Middle East and Africa
22. Saudia Dairy and Foodstuff Company
23. Almarai
24. Al Rawabi Dairy Company

South America
25. Lacteas Garcia Baquero
26. Grupo Lala

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/market-report/frozen-yogurt-market/122850/

Key Offerings:

Past Market Size and Competitive Landscape
Frozen Yogurt Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Frozen Yogurt Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐จ๐ฎ๐ซ ๐“๐จ๐ฉ-๐๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

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Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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