United States Frozen Yogurt Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

Global Frozen Yogurt market to grow at a CAGR Of 8.5% during the forecast period 2024 2031.

Key Development:

United States: Recent Industry Developments

✅ In March 2025, 16 Handles expanded by opening a new shop in Richmond, Texas, continuing its geographic growth and reinforcing its family-friendly soft-serve frozen yogurt and toppings model.

✅ In May 2025, Yo-Chi, an Australian frozen yoghurt chain, opened a private funding round led by UBS, signalling investor confidence in scaling up their frozen yoghurt dessert operations.

✅ In 2025 (ongoing), Yogurtland announced plans to open 30 new U.S. locations this year, underlining strong domestic growth and demand for frozen yogurt ‎brands.

Japan: Recent Industry Developments

✅ In March 2025, Meiji launched a new drinkable yogurt (112g) priced at 156 yen, targeting skin health - combining convenience and wellness in the everyday diet.

✅ In 2025, Japan's yogurt consumption trends shifted, with yogurt gaining popularity especially at breakfast, as consumers reduce rice consumption due to rising prices - a trend boosting demand for yogurt and frozen yogurt in Tokyo households.

✅ In August 2024, Meiji launched its "Hokkaido Flavor Yogurt" series (solid type, 150g) in China via its subsidiary, reflecting Japan-origin brands pushing outward across Asia.

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Frozen Yogurt is a chilled dessert made from cultured milk, offering a creamy texture similar to ice cream but with lower fat content and added probiotic benefits. Available in a wide range of flavors and toppings, it appeals to health-conscious consumers seeking a lighter, refreshing, and nutritious treat. Frozen yogurt is popular in both retail and foodservice channels, driven by demand for functional, indulgent, and customizable dessert options.

Recent Mergers and Acquisitions

United States: Recent M&A / Deals

✅ In June 2025, General Mills completed the sale of its U.S. yogurt business (brands like Yoplait, Go-Gurt, Oui, Mountain High, :ratio) to Lactalis in a $2.1B deal. This repositioned General Mills to focus on higher margin core brands.

✅ In 2023, Unilever acquired Yasso, a U.S. premium frozen Greek yogurt/novelties brand. The deal supports Unilever's roadmap into high-growth, "better for you" frozen snack segments.

Japan: Recent M&A / Deals

✅ In 2025, Meiji announced a major consolidation project by building a new yogurt plant in Atsugi, Kanagawa, to streamline production and replace multiple older facilities. This move reflects strategic restructuring rather than a direct acquisition.

✅ In 2024, South Korea's Samhwa Foods acquired the frozen yogurt chain Yoajung, expanding its influence in Asia's frozen dessert sector. While not in Japan, it signals broader Asian consolidation in frozen yogurt markets.

Key Players:

Danone, Pinkberry, Honey Hill Farms , Scott Brothers Dairy, Red Mango Inc, Yogurtland Inc, Gujarat Cooperative Milk Marketing Federation, Nestle S.A and General Mills.

Growth Forecast Projected:

The Global Frozen Yogurt Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Frozen Yogurt Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Type: Dairy-based, Non-dairy based

By Flavor: Strawberry, Chocolate, Mango, Banana, Strawberry, Others

By Fat Content: Regular, Low/No Fat

By Distribution Channel: Supermarkets & Hypermarkets, Specialty Stores, Convenience Stores, Online Sales, Others

Regional Analysis for Frozen Yogurt Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Frozen Yogurt producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Frozen Yogurt revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q: What is the growth rate of the Frozen Yogurt Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 8.5% during the forecast period from 2024 to 2031.

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