Flavored Yogurt Market 2021 : Global Industry Growth, Opportunities, Industry Analysis and Forecasts 2027

 By- Infinium Global Research

A new report by Infinium Global Research dives deep into the flavored yogurt market, analyzing different segments and regions. It explores what's driving and hindering the market's growth, along with broader economic trends. The report forecasts a healthy increase of 6.4% CAGR from 2021 to 2027, reaching an estimated value of USD 54.4 billion.

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One key driver is the growing popularity of online shopping for groceries, including flavored yogurt. Consumers are drawn to the convenience of online retailers, with features like same-day delivery and special offers. This trend is expected to be especially strong in developing countries as smartphone use rises.

Another interesting trend is the rise of plant-based yogurt. Health-conscious consumers are seeking alternatives to dairy products, and plant-based yogurt often boasts lower calories, saturated fat, and cholesterol. It can also be a good source of protein and fiber and has a smaller environmental footprint. This makes it a good option for people with lactose intolerance, allergies, or those following vegan or vegetarian diets. Additionally, some consumers simply prefer the taste and texture of plant-based yogurt.

However, the market also faces challenges. Lactose intolerance is becoming more common, with people experiencing symptoms like bloating and gas after consuming dairy products. Increased awareness of lactose intolerance and dairy allergies, along with a shift towards healthier diets, could lead to lower sales of dairy-based flavored yogurt. While lactose-free yogurt can be a substitute, it's sometimes seen as a healthier option in general, potentially impacting overall sales.

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The report offers a comprehensive view of the market's lifecycle, from early adopters to latecomers, and analyzes purchase criteria and price sensitivity across different regions. Europe currently holds the largest market share, driven by high disposable income and health consciousness. However, the Asia Pacific region is expected to see the fastest growth due to rising demand for healthy food products and the entry of major international brands.

Market Segmentation:

The report breaks down the flavored yogurt market into several key categories: flavor, type, and how it reaches consumers. In terms of flavor, the market features sub-categories like strawberry, vanilla, peach, blueberry, and others. When it comes to type, yogurt is segmented into conventional, low-fat, organic, and dairy-free options. Finally, the channels where consumers buy yogurt are divided into supermarkets/hypermarkets, convenience stores, e-commerce platforms, and other outlets.

Market Keyplayers:

  • Danone S.A.
  • Nestle S. A.
  • Chobani LLC
  • General Mills, Inc.
  • Arla Foods amba
  • Unternehmensgruppe Theo Müller S.e.c.s.
  • Fage International S.A.
  • Stonyfield Farm Inc.
  • Emmi Group
  • Cabot Creamery Cooperative

 

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Email: info@infiniumglobalresearch.com

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