Greek Yogurt Market to Receive USD 17.86 billion by 2029, at a CAGR of 11.00%, Size, Shares, Trends, Future Demand, Growth Opportunities and Revenue Analysis

PRESS RELEASE
Published November 3, 2023

“A proficient team with exceptional capabilities meticulously generates the finest  Greek Yogurt Market  research report. This report provides precise information about market trends, industrial changes, and consumer behavior, among other aspects. Understanding the marketing strategies of competitors enables businesses to formulate innovative ideas and set compelling sales targets, ultimately gaining a competitive advantage over rivals. Additionally, the report analyzes general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate, supporting businesses in decision-making across various strategies.

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Greek Yogurt Market

 Greek Yogurt Market Analysis and Size

Consumer preferences are changing, and a high demand for clean-label foods is driving market growth. The COVID-19 pandemic has resulted in an increase in sales of dairy products such as yoghurt and cheese, resulting in high demand. Lockdowns caused by the COVID-19 pandemic resulted in the stockpiling of essential food products in several parts of the world. The pandemic has also shifted consumer preferences toward organic foods, as many customers seek ingredient transparency.

Data Bridge Market Research analyses that the greek yogurt market was valued at USD 7.75 billion in 2021 and is expected to reach the value of USD 17.86 billion by 2029, at a CAGR of 11.00% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Greek Yogurt Market Scope and Segmentation

REPORT METRIC DETAILS
Forecast Period 2022 to 2029
Base Year 2021
Historic Years 2020 (Customizable to 2014 – 2019)
Quantitative Units Revenue in USD Billion, Volumes in Units, Pricing in USD
Segments Covered Product (Full-Fat Greek Yogurt, De-Fat Greek Yogurt, Fat-Free Greek Yogurt), Flavor (Unflavored, Vanilla, Strawberry, Blueberry, Raspberry, Blends, Others), Category (Organic, Conventional), Application (Children, Adults)
Countries Covered U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Market Players Covered Chr. Hansen Holding A/S (Denmark), Yakult Honsha Co., Ltd (Japan). Nestlé (Switzerland), DuPont (U.S.), MORINAGA & CO., L.T.D. (Japan), BioGaia AB (Sweden), Protexin (U.K.), Daflorn Probiotics U.K. (U.K.), DANONE (France), Yakult U.S.A. Inc. (U.S.), Deerland Enzymes, Inc. (U.S.), UAS Laboratories (U.S.), Goerlich Pharma GmbH (Germany), SANZYME BIOLOGICS PVT. LTD. (India), DSM (Netherlands), NutraScience Labs (U.S.), Kerry Group plc (Ireland), Lallemand Inc. (Canada), Lonza (Switzerland), Winclove Probiotics (Netherlands), Probi (Sweden)
Opportunities
  • Lower lactose content for lactose-intolerant people who want to consume dairy products
  • Major players spreading awareness and promoting yoghurt consumption
  • Rising demand for yoghurt in developing countries due to rising disposable income and increased health awareness
 Market Definition

Greek yoghurt, also known as yoghurt cheese or sack yoghurt, is made by straining curd and separating it from the liquid whey. Compared to regular curd, the straining process makes the yoghurt thicker and creamier. Greek yoghurt has a high protein, calcium, and vitamin-B content, probiotic properties and a low carbohydrate content.

Global Greek Yogurt Market Dynamics

Drivers

  • Rising popularity of low-fat and weight management products

One of the key factors driving the global greek yoghurt market is a shift in consumer health consciousness and dietary preferences toward healthy and nutrient-rich food products. Greek yoghurt has grown in popularity among consumers as the consumption of fat-free and weight-management products has increased. Greek yoghurt is widely used in the meal preparation and as a sweet snack mixed with fruits in countries such as the United States, Mexico, and Canada.

  • Widespread availability through various retail channel

Aside from that, the introduction of yoghurt in various exotic flavours such as blueberry, raspberry, mango, and strawberry, as well as its widespread availability through different online and offline retail channels, are driving up global sales. Furthermore, key players are investing significantly in innovative packaging solutions, such as squeezable tubes and containers with anti-choking caps, creating a positive outlook for the market.

Opportunities

Yakult, Danone, Nestle, and Chobani are the significant players spreading awareness and promoting yoghurt consumption. Conversely, rising demand for yoghurt in developing countries due to increasing disposable income and increased health awareness is expected to provide numerous opportunities for global market development.

Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/reports/global-greek-yogurt-market?SR

Table of Contents:

  1. Greek Yogurt Market Overview
  2. Economic Impact on Industry
  3. Competition by Manufacturers
  4. Production, Revenue (Value) by Region
  5. Supply (Production), Consumption, Export, Import by Regions
  6. Production, Revenue (Value), Price Trend by Type
  7. Market by Application
  8. Manufacturing Cost Analysis
  9. Industrial Chain, Sourcing Strategy and Downstream Buyers
  10. Greek Yogurt Market Strategy Analysis, Distributors/Traders
  11. Greek Yogurt Market Effect Factors Analysis
  12. Greek Yogurt Market Forecast
  13. Appendix

Key Influence of this Greek Yogurt Market:

  • Comprehensive assessment of all opportunities and risk in this Greek Yogurt Market
  • This Greek Yogurt Market recent innovations and major events
  • Detailed study of business strategies for growth of the this Greek Yogurt Market leading players
  • Conclusive study about the growth plot of the Market for forthcoming years
  • In-depth understanding of this Greek Yogurt Market particular drivers, constraints and major micro markets
  • Favorable impression inside vital technological and market latest trends striking this Greek Yogurt Market
  • To provide historical and forecast revenue of the Greek Yogurt Market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
  • To provide country level analysis of the Greek Yogurt Market t with respect to the current market size and future prospective

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