Global Greek Yogurt Market Estimated to Grow By its Immense Outsourcing Capability, Analyzed till 2022

Greek yogurt is made using straining method that removes liquid whey and lactose, resulting into thick-textured yogurt. Including the two times the protein of regular yogurt, Greek yogurt consumption has increased. Manufacturers are incorporating technically advanced system for production of Greek yogurt. However, being a perishable dairy product, Greek yogurt has short shelf life, hence manufacturers are trying to find a solution to increase the shelf life while still meeting customer demand for clean labeling and healthy ingredient. This report, published by Fact.MR, provides in-depth analysis of the global Greek yogurt market for the forecast period 2017-2022, and offers key insights about future market direction.

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Scope

The scope of Fact.MR’s report is to analyze the global Greek yogurt market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Greek yogurt manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to Greek yogurt.

In order to offer readers with up-to-date information about the latest advancements in the global Greek yogurt market, the report provides updates about market opportunities, which can benefit leading manufacturers of Greek yogurt. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for Greek yogurt manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Considering the broad scope of the global Greek yogurt market, the Fact.MR report provides in-depth and segment-wise analysis. The global market for Greek yogurt has been segmented into product type, package type, sales channel, nature and region. This segment-wise analysis provides detailed country-wise forecast on all the key parameters.

In order to offer readers with up-to-date information about the latest advancements in the global Greek yogurt market, the report provides updates about market opportunities, which can benefit leading manufacturers of Greek yogurt. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for Greek yogurt manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Considering the broad scope of the global Greek yogurt market, the Fact.MR report provides in-depth and segment-wise analysis. The global market for Greek yogurt has been segmented into product type, package type, sales channel, nature and region. This segment-wise analysis provides detailed country-wise forecast on all the key parameters.

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6 Forecast Highlights on Global Greek Yogurt Market

1- North America is expected to dominate the global market for Greek yogurt during the forecast period, 2017-2022. Towards the end of 2022, the North America Greek yogurt market is projected to reach close to US$ 2,800 million revenues.

2- Europe is expected to be the second-largest market for Greek yogurt. Owing to the increasing use of Greek yogurt as a substitute for cream cheese, butter, and sour cream has increased its application in different food products, emerging as one of the factors driving the Greek yogurt market in Europe.  

3- Spoonable Greek yogurt is estimated to bring in nearly US$ 5,600 million revenue towards the end of 2022. The spoonable Greek yogurt is projected to account for nearly three-fourth of the revenue share by the end of 2017.

4- Compared to bottled Greek yogurt, the Greek yogurt available in cups and tubs is expected to be highly preferred by consumers. Greek yogurt in cups and tubs is estimated to account for nearly three-fifth of the revenue share by 2017 end.

5- Sales of Greek yogurt through modern trade is expected to witness impressive growth. Towards the end of 2022, Modern trade is projected to reach close to US$ 3,400 million value. Meanwhile, speciality stores are also expected to experience robust growth during the forecast period, 2017-2022.

6- Conventional Greek yogurt is estimated to account for more than two-third of the revenue share by the end of 2017. The conventional Greek yogurt is projected to create an incremental opportunity of over US$ 1,500 million during 2017-2022.

Competition Tracking

The report provides detailed profile of the companies that are expected to remain active in the expansion of global Greek yogurt market through 2022, which include General Mills, Inc., Danone, Nestlé S.A., Cabot Corporation, The Hain Celestial Group, Inc., Trader Joe's Company, Chobani, LLC, FAGE International S.A., Wallaby Yogurt Company, Inc., and Vivartia Holding S.A.

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This release was published on openPR.