According to the latest report by IMARC Group, titled “Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global yogurt market size reached US$ 107.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 154 Billion by 2027, exhibiting a CAGR of 6.3% during 2022-2027. Yogurt is a dairy food product that is prepared by fermenting pasteurized milk with Lactobacillus bulgaricus and Streptococcus thermophilus. Originally characterized by a sour taste, yogurt is often sweetened or flavored. It consists of calcium, vitamin B6 and B12, proteins, potassium riboflavin, and magnesium, offering numerous health benefits, such as healthy digestion, prevention of osteoporosis, fat loss, and improved immune system. As a result, it is extremely popular across the globe and consumed as a dessert, meal replacement, protein-rich sports drink, and snack.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Yogurt Market Trends:
The global yogurt market is primarily driven by the rising consumer indulgence in exotic yogurt flavors. In line with this, the easy availability of numerous varieties of yogurt across organized offline and online retail channels are also boosting the market growth. The shifting consumer preference towards a healthier lifestyle combined with the growing trend of veganism further drives the market for dairy and non-dairy yogurt. Furthermore, the rising adoption of convenience foods is also providing an impetus to the market growth.
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Key Market Segmentation:
Top Yogurt Manufacturers Worldwide:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market
- Lactalis Group
- General Mills Inc.
- Nestle
- Friesland Campina
- Danone
- Yili Industrial Group Co. Ltd.
Breakup by Product Type:
- Set Yogurt
- Greek Yogurt
- Yogurt Drinks
- Frozen Yogurt
- Others
Breakup by Flavor:
- Strawberry Blend
- Vanilla
- Plain
- Strawberry
- Peach
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance 2016-2021
- Market Outlook 2022-2027
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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