Yogurt Market is Expected to Grow USD 203.8 Billion by 2033 | At CAGR 5.4%

IMARC Group, a leading market research company, has recently released a report titled "Yogurt Market Size, Share, Trends and Forecast by Product Type, Flavor, Distribution Channel, and Region, 2025-2033" The study provides a detailed analysis of the industry, including the yogurt market size, share, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Market Overview

The global Yogurt Market size was valued at USD 134.55 Billion in 2025 and is anticipated to reach USD 203.8 Billion by 2033, growing at a CAGR of 5.4% during 2025-2033. Europe leads with over 33.6% market share in 2024. Demand is driven by rising gut health awareness, high-protein diet trends, and increased ready-to-eat food consumption.

STUDY ASSUMPTION YEARS

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

YOGURT MARKET KEY TAKEAWAYS

• Current Market Size: USD 134.55 Billion in 2025
• CAGR: 5.4% during 2025-2033
• Forecast Period: 2025-2033
• Europe holds over 33.6% market share in 2024, making it the dominant region.
• United States commands 81.60% of North America's market share driven by demand for functional foods.
• Yogurt drinks represent the largest product segment in 2024 with around 35.7% market share.
• Plain flavor leads with about 68.5% market share in 2024, favored for versatility and health-centric appeal.
• Supermarkets and hypermarkets dominate distribution channels with a 46.7% share in 2024.

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MARKET GROWTH FACTORS

The yogurt market is expanding primarily due to increasing health consciousness among consumers globally. According to the report, 93% of Americans feel compelled to eat healthy at least some of the time, with 63% trying to eat healthy most of the time. Yogurt is favored for its high protein content, probiotics, and essential vitamins and minerals. Its benefits in gut health, enhanced digestion, stronger immunity, and weight management attract a broad health-focused consumer base.

Environmental concerns significantly contribute to market growth. The 2022 Food and Health Survey found 39% of Americans prioritize environmental sustainability when purchasing food, with 52% believing their food choices affect the environment. Yogurt production requires fewer resources compared to meat, appealing to eco-conscious consumers. The rise in organic and locally sourced yogurts also aligns with this trend, catering to consumers seeking quality and sustainability.

The growth of e-commerce has made yogurt more accessible. The advent of online stores offering a wide variety, subscription models, and home delivery allows consumers to conveniently purchase yogurt products. Additionally, strategic product placement in stores encourages impulse buying. The global e-commerce market size was USD 21.1 Trillion in 2023, with a forecast CAGR of 27.16% during 2024-2032, underscoring the potential for yogurt market growth through digital retail channels.

MARKET SEGMENTATION

By Product Type:

• Set Yogurt
• Greek Yogurt
• Yogurt Drinks: Largest segment in 2024 with 35.7% market share; sold in bottles or cartons, often flavored and convenient for on-the-go consumption.
• Frozen Yogurt
• Others

By Flavor:

• Strawberry Blend
• Vanilla
• Plain: Leads with 68.5% share in 2024; preferred for versatility and minimal additives, serving as a base for culinary applications and home customization.
• Strawberry
• Peach
• Others

By Distribution Channel:

• Supermarkets and Hypermarkets: Hold 46.7% market share in 2024; offer wide variety and sizes attracting regular grocery consumers.
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

REGIONAL INSIGHTS

Europe is the dominant region in the yogurt market with over 33.6% market share in 2024. The region's leadership is attributed to high per capita consumption, cultural affinity for dairy, and demand for premium and probiotic-rich yogurt varieties. Countries like France, Germany, and Greece lead, supported by clean-label and organic trends. Availability across retail formats and strong marketing bolsters this position.

RECENT DEVELOPMENTS & NEWS

• November 2024: LALA® launched LALA Gold, a high-protein yogurt in drinkable and spoonable forms with up to 25g protein and 6g fiber, targeting health-conscious consumers.

• October 2024: Chobani introduced a high-protein Greek yogurt line offering 15 to 30 grams of protein per serving, focusing on lower sugar and natural ingredients.

• April 2024: Danone North America launched Remix, a yogurt and dairy snack line with mix-in toppings from brands like Oikos and Light + Fit.

• January 2024: Nature's Fynd introduced the first dairy-free, fungi-based yogurt at Whole Foods Market in strawberry, peach, and vanilla flavors.

• January 2024: Yoplait launched Yoplait Protein, a high-protein yogurt with 15g protein and 3g sugar per serving in Vanilla, Strawberry, and Key Lime Pie flavors.

KEY PLAYERS

• China Mengniu Dairy Company Limited
• Chobani, LLC
• Danone
• FAGE International S.A
• FrieslandCampina
• Lactalis American Group, Inc.
• Nestlé S.A
• Saputo Foodservice
• The Hain Celestial Group Inc.
• Yakult Honsha Co. Ltd

CUSTOMIZATION NOTE

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This release was published on openPR.