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Flavored Yogurt Market: Projected Size, Growth Rate, Key Drivers, and Emerging Trends
Navigate the future of the flavored yogurt market with insights on market size, growth trends, driving factors and key players.What Is The Projected Market Size Of The Global Flavored Yogurt Market And Its Growth Rate?
The flavored yogurt market has shown significant growth historically and is expected to continue this trend looking ahead.
• The market size is poised to grow from $60.57 billion in 2024 to $65.01 billion in 2025, with a CAGR of 7.3%.
• Key contributors to this healthy growth rate are health and nutrition trends, dairy-free alternatives, clean label movement, and the emergence of snack culture.
• The market is forecasted to reach $89.2 billion in 2029, growing at a CAGR of 8.2%.
What Is Driving The Growth In The Flavored Yogurt Market?
The increasing health consciousness among consumers is driving growth in the flavored yogurt market. Living a 'wellness-oriented' lifestyle, these health-conscious consumers (HCCs) are concerned about their environment and nutrition. As such, they gravitate towards healthier products like yogurt which promote digestive health and weight consciousness. For instance, organic food sales in the United States reached $61.7 billion in 2022 according to the Organic Trade Association (OTA) - above the $60 billion mark for the first time. Therefore, this increased health consciousness is projected to fuel demand for flavored yogurt.
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Who Are the Key Players Driving Flavored Yogurt Market Growth?
Following is a list of major companies operating in the flavored yogurt market:
• Danone SA
• Groupe Lactalis SA
• Chobani LLC
• Arla Foods AMBA
• Emmi Nederland BV
• Ultima Foods Inc.
• Nestlé SA
• Sodiaal Union
• Theo Müller Group
• Parmalat SpA
What Are The Key Trends In The Flavored Yogurt Market?
A few notable trends in the flavored yogurt market include:
• Integration of functional ingredients
• Variety in flavors
• Convenience and portability in consumption
• Emergence of plant-based alternatives
What Are The Segments Of The Global Flavored Yogurt Market?
The flavored yogurt market can be segmented as follows:
• By Type: Organic, Conventional
• By Form: Spoonable, Drinkable
• By Flavor: Strawberry, Blueberry, Vanilla, Peach, Other Flavors
• By Distribution Channel: Supermarket, Convenience Stores, Online, Other Distribution Channels**
• By End Use: Food And Beverage Industry, HoReCa (Hotel, Restaurant, Cafe), Household Retail
Which Region Leads The Flavored Yogurt Market?
Europe was the leading region in the flavored yogurt market in 2024. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Flavored Yogurt Market Global Market Report?
- Market Size Analysis: Analyze the Flavored Yogurt Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Flavored Yogurt Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Flavored Yogurt Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Flavored Yogurt Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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