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Drinking Yogurt Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
The Drinking Yogurt Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Drinking Yogurt Market?
The drinking yogurt market size has seen strong growth recently. It is projected to grow from $44.39 billion in 2024 to $48.62 billion in 2025, at a compound annual growth rate (CAGR) of 9.5%. This growth is attributed to the rising demand for probiotic foods, growing health and wellness awareness, increased disposable incomes in various regions, a wider range of consumer segments, and a rise in immunity-boosting food products.
The drinking yogurt market is expected to grow to $69.07 billion by 2029, at a CAGR of 9.2%. This growth is attributed to the increasing demand for plant-based options, improved preservation methods, the rise of online shopping and subscriptions, and increased consumer health awareness. Trends include functional ingredients, plant-based yogurt drinks, new flavors, diverse milk options, and ingredient innovation.
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What Are the Different Drinking Yogurt Market Segments?
The drinking yogurt market covered in this report is segmented -
1) By Type: Dairy Based, Non Dairy Based
2) By Flavor: Flavored, Plain
3) By Packaging: Bottles, Tetra Pack
4) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Specialty Stores, Online Stores
Subsegments:
1) By Dairy-Based: Regular Dairy-Based Drinking Yogurt, Low-Fat Or Reduced-Fat Dairy-Based Drinking Yogurt, Probiotic Dairy-Based Drinking Yogurt, Flavored Dairy-Based Drinking Yogurt
2) By Non-Dairy Based: lmond Milk-Based Drinking Yogurt, Coconut Milk-Based Drinking Yogurt, Soy Milk-Based Drinking Yogurt, Oat Milk-Based Drinking Yogurt
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What Are the Primary Drivers Shaping the Drinking Yogurt Market?
The increase in dairy product intake is aiding the growth of the drinking yogurt market. Dairy products are increasingly consumed due to their nutritional value and cultural acceptance. Drinking yogurt is favored for its health benefits and adaptability. The Foreign Agricultural Service stated that factory-use milk rose to 5.847 MMT in 2023, and cheese output is expected to climb 28% in 2024. These trends are fueling growth in the drinking yogurt market.
Which Companies Are Leading in the Drinking Yogurt Market?
Major companies operating in the drinking yogurt market are Nestle S.A., Groupe Lactalis SA, Danone Inc., General Mills Inc, Royal FrieslandCampina N.V, Arla Foods amba, Meiji Holdings Co Ltd., Gujarat Cooperative Milk Marketing Federation Ltd., Valio Ltd., Schreiber Foods Inc., Chobani Global Holdings LLC, Stonyfield Farm Inc., Kri Kri S.A. Dairy Industry, Wallaby Yogurt Company Inc., Noosa Yoghurt LLC, Straus Family Creamery, Marmum Dairy Farm LLC, Dana Dairy Group, Juhayna Food Industries, Fage International S.A., Clover Sonoma, Brown Cow Yogurt, Parmalat S.p.A, Siggi's Dairy LLC, Yoplait USA Inc.
What Are the Major Trends Shaping the Drinking Yogurt Market?
Companies in the drinking yogurt market are working on multi-benefit drinkable yogurt products to promote gut health and provide other functional benefits such as immune support and energy. For instance, in March 2022, Danone launched Activia+ Multi-Benefit Drinkable Yogurt, which includes live probiotics to support gut health, with minimal sugar and available in flavors like strawberry, peach, and raspberry.
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What Are the Top Revenue-Generating Geographies in the Drinking Yogurt Market?
Asia-Pacific was the largest region in the drinking yogurt market in 2023. The regions covered in the drinking yogurt market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Drinking Yogurt Market?
2. What is the CAGR expected in the Drinking Yogurt Market?
3. What Are the Key Innovations Transforming the Drinking Yogurt Industry?
4. Which Region Is Leading the Drinking Yogurt Market?
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