Frozen Yogurt Market Poised for Robust Expansion at 8.5% CAGR by 2031, Fueled by Rising Demand for Low-Fat & Vegan Variants | Key Players - Danone, Nestlé S.A., General Mills

Frozen Yogurt Market Size and Forecast

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

DataM Intelligence has published a new research report on "Frozen Yogurt Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Recent Developments:
✅ October 2025: A leading global frozen dessert brand introduced a plant-based frozen yogurt line made from oat and almond milk, targeting lactose-intolerant and vegan consumers. The launch reflects growing demand for dairy-free and clean-label dessert alternatives across North America and Europe.

✅ August 2025: A major frozen yogurt chain expanded its footprint in Southeast Asia by opening over 50 new outlets under a franchise model. The expansion was driven by rising urbanization, increasing disposable income, and growing consumer preference for low-fat dessert options.

✅ July 2025: A premium frozen yogurt manufacturer launched a high-protein, probiotic-rich frozen yogurt range containing over 8 grams of protein per serving. The product was positioned toward health-conscious millennials seeking functional indulgence with digestive benefits.

✅ May 2025: Several manufacturers introduced reduced-sugar and no-added-sugar frozen yogurt variants, responding to stricter food labeling regulations and increasing awareness of sugar consumption. Reformulated recipes maintained texture and taste while reducing calorie content by up to 25%.

Mergers & Acquisitions:
✅ November 2025: A multinational dairy company acquired a regional frozen yogurt startup specializing in organic and natural ingredients to strengthen its premium dessert portfolio and expand into health-focused segments.

✅ September 2025: A global quick-service restaurant (QSR) operator acquired a fast-growing self-serve frozen yogurt chain to diversify its dessert offerings and enhance its presence in the experiential retail dessert market.

✅ July 2025: A private equity firm invested in a leading frozen yogurt franchise brand to accelerate international expansion, digital ordering capabilities, and supply chain optimization.

✅ April 2025: A food and beverage conglomerate completed the acquisition of a probiotic dessert manufacturer to integrate functional ingredients and strengthen its position in the functional frozen dessert segment.

Market Drivers:
✅ Growing Health & Wellness Trends
Consumers are increasingly choosing healthier dessert options, and frozen yogurt-lower in fat and calories than traditional ice cream-benefits from this shift toward wellness-oriented foods.

✅ Rising Demand for Functional Ingredients
The probiotic content in frozen yogurt appeals to consumers looking for digestive health benefits, boosting its popularity among health-conscious buyers.

✅ Expansion of Retail and Quick-Service Outlets
Increasing availability of frozen yogurt through supermarkets, convenience stores, and specialized self-serve shops enhances accessibility and drives market growth.

✅ Product Innovation & Flavor Diversification
Manufacturers are introducing new flavors, mix-ins, and premium formulations (e.g., organic, dairy-free), attracting broader consumer segments, including millennials and Gen Z.

✅ Convenience & On-the-Go Consumption
Busy lifestyles and preference for portable snacks encourage consumption of frozen yogurt as a convenient, ready-to-eat dessert option.

✅ Government Initiatives & Nutritional Awareness
Public campaigns promoting balanced diets support healthier dessert alternatives, indirectly encouraging frozen yogurt consumption.

Market Types (By Product Type):
🔹 Regular Frozen Yogurt
Traditional frozen yogurt with standard fat content, enjoyed for its creamy texture and familiar taste.

🔹 Low-Fat / Reduced-Fat Frozen Yogurt
Formulated with lower fat content to cater to calorie-conscious consumers and those seeking diet-friendly dessert options.

🔹 Non-Dairy / Vegan Frozen Yogurt
Made from plant-based alternatives like almond, coconut, or soy milk, targeting lactose-intolerant consumers and the growing vegan segment.

🔹 Greek Style Frozen Yogurt
Thicker and richer in protein compared to regular varieties, appealing to fitness enthusiasts and premium-segment buyers.

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 2025 and 2032. In 2024, 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
The market is segmented into Dairy-based 75% and Non-dairy Based 25%, with dairy-based frozen yogurt dominating due to traditional consumer preference, creamy texture, and strong retail availability. Non-dairy variants are gaining momentum driven by rising lactose intolerance, vegan trends, and plant-based diet adoption. Increasing innovation in almond, coconut, and soy-based alternatives supports segment growth.

By Flavor
By flavor, the market includes Strawberry 25%, Chocolate 20%, Mango 15%, Banana 10%, and Others 30%, with strawberry leading due to its universal appeal and strong demand across age groups. Chocolate holds a significant share driven by consistent consumer preference for indulgent flavors. Mango and banana are popular in tropical regions and emerging markets. Other flavors, including vanilla, blueberry, cookies & cream, and seasonal variants, contribute substantial share through product innovation and limited-edition launches.

By Fat Content
Based on fat content, the market comprises Regular 60% and Low/No Fat 40%, with regular frozen yogurt dominating due to better taste profile and texture preference. However, low/no fat variants are witnessing strong growth supported by rising health consciousness, calorie control awareness, and demand for guilt-free desserts. Fitness and wellness trends significantly influence purchasing behavior.

By Distribution Channel
By distribution channel, the market includes Supermarkets & Hypermarkets 45%, Specialty Stores 20%, Convenience Stores 15%, Online Sales 12%, and Others 8%, with supermarkets and hypermarkets leading due to high product visibility and bulk purchasing trends. Specialty stores maintain steady demand through premium and artisanal offerings. Convenience stores support impulse purchases. Online sales are expanding rapidly due to home delivery services and increasing digital grocery platforms.

Regional Analysis
North America - 35% Share
North America leads with 35% share driven by high consumption of frozen desserts, strong presence of frozen yogurt chains, and growing health-oriented dessert trends. The U.S. dominates regional demand. Innovation in flavors and low-fat options supports growth.

Europe - 25% Share
Europe accounts for 25% share, supported by increasing preference for healthier dessert alternatives and rising demand for plant-based frozen yogurt. The UK, Germany, and France are key contributors. Expanding retail networks drive market expansion.

Asia Pacific - 22% Share
Asia Pacific holds 22% share due to growing westernized food habits, rising disposable income, and increasing popularity of mango and tropical flavors. China, Japan, and India are major growth markets.

Latin America - 10% Share
Latin America captures 10% share, driven by expanding retail distribution and rising demand for affordable dessert options in Brazil and Mexico.

Middle East & Africa - 8% Share
The Middle East & Africa region holds 8% share, supported by increasing urbanization, rising young population, and growing demand for premium frozen desserts across GCC countries.

Benefits of the Report:

Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.

Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.

Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.

Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.

Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.

Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.

Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.

Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.

Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.

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FAQ

Q1: What is the current size of the Frozen Yogurt Market?

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

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