Yogurt Market Size Research Report
The GMI Research's latest analysis reveals that the Yogurt
Market is slated to register a significant CAGR over the forecast period. This
is attributed to the growing yogurt regarding health benefits, increasing
retail market, increasing health awareness among people, and the growing health
awareness among individuals.
Request
for a FREE Sample Report on Yogurt Market
Yogurt Market’s leading Manufacturers:
·
Mother Dairy Fruit & Vegetable Pvt Ltd
·
Lactalis Group
·
Amul
·
CoolBrands International Inc
·
Emmi Group
·
Saputo Inc.
·
Dean Foods Company
·
Valio Ltd
·
Juhayna Food Industries
·
Arla Foods
Yogurt Market Dynamics (including market size,
share, trends, growth, forecast, and industry analysis)
Key
Drivers
The global yogurt market is
predicted to witness an upsurge in demand during the forecast period due to the
growing yogurt regarding health benefits, increasing retail market, and the
growing health awareness among individuals. People globally are considering
themselves as overweight, and many individuals are struggling to lose weight.
Consumers are becoming more aware of what they eat and seek fresh products,
including natural, organic, or minimally processed food. Additionally,
youngsters are rapidly shifting towards healthy eating habits, as they are
becoming more conscious about their health. It has been seen that consumers are
ready to spend more on good quality, healthy products instead of any food
product in the market. This drastic shift in eating habits is the rising
adoption of yogurt.
Yogurt is rich in vitamins, calcium, protein, and probiotics
or lives culture, which enhances gut microbiota. It offers protection for
bones, teeth and avoids digestive issues. Low-fat yogurt helps in a weight loss
diet and probiotics, which will further boost the immunity system of people. In
addition to this, increasing health awareness among people will further bolster
the growth of the yogurt market. On the other hand, the factor hampering the
growth of the yogurt market share in terms of revenue include harmful
ingredients and additives.
Type
Segment Drivers
Based on type, the market is segmented into greek yogurt,
set yogurt, yogurt drinks, and frozen yogurt. The greek yogurt is projected to
rise at a higher CAGR over the forecast period due to the growing introduction
of various new products with a large range of flavors, including blueberry,
chocolate, mango, honey, strawberry, and others. It also promotes good mental
health, decreases blood pressure, aids in building muscle mass, which will
accelerate the growth of the yogurt market size.
Distribution
Channel Segment Drivers
Based on the distribution channel, the market is segmented
into supermarkets/hypermarkets, specialist retailers, independent retailers,
convenience stores, others. The supermarkets/hypermarkets is projected to
increase at a higher CAGR over the coming years due to the increasing customers
toward convenience purchasing. Presently, people have hectic lifestyles, so
they prefer to buy all the goods from one single store. This is fuelling the
growth of the market.
Yogurt Market Segmentation:
Segmentation
by Type:
·
Set Yogurt
·
Greek Yogurt
·
Yogurt Drinks
o
Regular
o
Flavored
·
Frozen Yogurt
Segmentation
by Distribution Channel:
·
Supermarkets/Hypermarkets
·
Independent Retailers
·
Specialist Retailers
·
Convenience Stores
·
Others (Online & Home Deliveries)
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI Research
GMI Research is one of the leading market research and
consulting company that offers consulting services, syndicated research
reports, and customized market research reports. We help our client to make
informed business decisions and provide market intelligence studies related to
the various industries such as automotive, energy, healthcare, chemicals,
technology, and other sectors. Our research teams include seasoned analysts and
researchers have hands-on experience in every regions, including Asia-pacific,
Europe, North America, and the Rest of the World. Our market research report provides
in-depth analysis, which contains refined forecasts, a bird's eye view of the
competitive landscape, factors impacting the market growth, and several other
market insights to aid companies in making strategic decisions. Featured in the
‘Top 20 Most Promising Market Research Consultants’ list of Silicon
India Magazine in 2018, we at GMI Research are always looking forward to help
our clients to stay ahead of the curve.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com
Comments