Rising Dairy Consumption Fuels Growth In Skim Yogurt Market: Major Factor in the Transformation of the Skim Yogurt Market in 2025

How Will the Skim Yogurt Market Grow, and What Is the Projected Market Size?
In recent times, the market size for skim yogurt has seen rapid expansion. Projected to escalate from $6.28 billion in 2024 to $6.99 billion in 2025, the compound annual growth rate (CAGR) stands at 11.3%. The considerable growth during the historical period can be linked to factors such as the fast-food industry's increased growth, a rise in consumer obesity rates, expanded flavor varieties' availability, a surge in retail sales, and the proliferation of online food ordering and delivery services. Additionally, burgeoning demand for functional food and beverage products has also contributed to this growth.

In the approaching years, the skim yogurt market is projected to expand swiftly, reaching $10.62 billion by 2029 with a compound annual growth rate (CAGR) of 11.0%. Various factors contributing to this growth throughout the predicted period include a rise in dairy food consumption, a rising occurrence of chronic diseases, growing yogurt product consumption, an upsurge in e-commerce platforms, increased low-fat dairy product consumption, and escalating obesity rates. Key trends in the forecast period comprise of innovative product rollouts, enhancements in the production sector, technological progressions, creation of novel flavors and products, and the addition of plant-based skim yogurt options.

What Key Elements Are Boosting Growth in the Skim Yogurt Market?
The growth of the skim yogurt market is projected to be driven by the escalating consumption of dairy products. These products, derived from the milk of mammals such as cows, goats, and sheep, are seeing increased consumption due to elevated awareness of their nutritional advantages and the swelling demand for foods rich in protein. Dairy products serve as a critical component in skim yogurt, contributing to its high-protein, low-fat, and calcium-dense nutritional profile. For example, the Foreign Agricultural Service, an agricultural department based in the US, reported in November 2023 that milk consumption for industrial uses saw an increase to 5.847 million metric tons (MMT), up from a forecasted 5.817 MMT in 2023. Furthermore, a significant new record of cheese production of 445,000 metric tons is predicted in 2024, marking an increase of 28% from the previous year. Hence, the mounting consumption of dairy products is fueling the growth of the skim yogurt market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16792&type=smp

Who Are the Major Industry Players Fueling Skim Yogurt Market Expansion?
Major companies operating in the skim yogurt market are Nestle S.A., Unilever PLC, Coca-Cola Company, Groupe Lactalis S.A., Danone S.A., Kraft Heinz Company, General Mills, Arla Foods Group, Fonterra Co-operative Group Limited, Juhayna Food Industries, Meiji Group, Parmalat S.p.A., Yakult Honsha, Morinaga & Company Ltd., Chobani, Clover S.A., Müller Milk & Ingredients, Sameer Agriculture Livestock Limited, Yoplait, Ultima Foods Inc., Jesa Farm Dairy Ltd., Chi Limited

Which Key Developments Are Influencing the Skim Yogurt Market?
Leaders in the skim yogurt industry are creating novel products like Fruit and Yogurt Smoothie Pouches to keep up with the rising demand for portable dairy-based snacks. These Smoothie Pouches represent a unique blending of velvety yogurt and the natural taste of fruits, all packed in pouches for easy eating. For instance, Outshine, a Canadian brand known for frozen fruits and vegetables, introduced its Blended Fruit and Yogurt Smoothie Pouches in February 2022. This nutritious snack, suitable for on-the-go consumption, is composed of real fruits and skim yogurt. These pouches have no artificial colors, flavors, or sweeteners, providing a great source of protein and calcium. Furthermore, the shelf-stable nature of Outshine Fruit and Yogurt Smoothie Pouches makes them perfect for school lunches, car journeys, and workplace meals.

How Is the Segmentation of the Skim Yogurt Market Defined?
The skim yogurt market covered in this report is segmented -

1) By Type: Plain Yogurt, Flavored Yogurt, Fruits Yogurt
2) By Nature: Organic, Conventional
3) By Distribution Channel: Hypermarket And Supermarket, Specialty Stores, Convenience Stores, Online Sales Channel, Other Distribution Channels

Subsegments:
1) By Plain Yogurt: Greek-Style Plain Yogurt, Regular Plain Yogurt, Organic Plain Yogurt
2) By Flavored Yogurt: Vanilla Flavored Yogurt, Chocolate Flavored Yogurt, Honey Flavored Yogurt
3) By Fruits Yogurt: Strawberry Yogurt, Blueberry Yogurt, Mixed Berry Yogurt, Tropical Fruit Yogurt

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/skim-yogurt-global-market-report

What Is the Leading Region in the Skim Yogurt Market?
North America was the largest region in the skim yogurt market in 2023. The regions covered in the skim yogurt market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Skim Yogurt Global Market Report?

- Market Size Analysis: Analyze the Skim Yogurt Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Skim Yogurt Market for effective categorization.
- Key Player Focus: 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 Skim Yogurt Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Skim Yogurt Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16792

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.