Global Yogurt Market By Product Overview
Introduction:
Yogurt is food produced from fermentation of milk by bacteria. Yogurt is also known by the names such as joghourt, yahourth, yoghurt, etc. These bacteria are known as yogurt cultures. The fermentation of milk by these bacteria produces lactic acid which provide texture and tart taste to the yogurt. It is rich in various nutrients such as calcium, proteins, zinc, potassium, vitamin B12, vitamin B2, and phosphorus which are highly beneficial for health. The various health benefits of the yogurt are protecting against colorectal cancer, maintaining blood pressure, improving immunity, lowering the risk of type 2 diabetes. Some types of yogurts contain probiotics, which helps in maintaining digestive health and reduces gastrointestinal disorders, such as bloating, diarrhea and constipation. Yogurt is similar to curd but the one key difference is that the fermentation of the milk is done by mixing two specific strains of bacteria called Lactobacillus Bulgaris and Streptococcus Thermophilus. Greek yogurt contains double protein as compared to curd. The global yogurt market accounted for US$ 117.24 billion in 2020 and is estimated to be US$ 196.20 billion by 2030 and is anticipated to register a CAGR of 5.1%.
Global Yogurt Market By Product Dynamics
Rising health benefits of yogurt
Growing awareness regarding health benefits of yogurt is one of the major factors driving growth of the target market. Increasing demand for low fat dairy products is another important factor boosting growth of the target market. Increasing adoption of healthy lifestyle and rising demand for low calorie food products aid in growth of the global yogurt market. Expansion of retail network resulting in wide availability of various types of yogurts are propelling growth of the target market. Increasing promotional activities and new product launches by food & beverages companies are other factor surging growth of the target market. Increasing popularity of flavored yogurt among the young population are other factor supporting growth of the target market.
However, presence of artificial colors and flavors in yogurt and presence of large number of hormones in milk that is used for preparation of yogurt are major restraints hampering growth of the target market. Development of low-cost yogurt with natural flavors and introduction of new flavored yogurts are expected to surge growth of the global yogurt market. Increasing popularity of frozen yogurt as a replacement of ice-creams, and introduction of vegan yogurt from soy milk are factors creating new opportunities for the market players in the global yogurt market.
Global Yogurt Market By Product Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global yogurt market is segmented based on product type, distribution channel and region.
On the basis of product type, the global yogurt market is divided into set yogurt, Greek yogurt, yogurt drinks (regular, and flavored), and frozen yogurt. On the basis of distribution channel, the target market is classified into supermarkets and hypermarkets, retailer stores, convenience stores, and online stores.
Regional Insights:
The global yogurt market accounted for US$ 117.24 billion in 2020 and is estimated to be US$ 196.20 billion by 2030 and is anticipated to register a CAGR of 5.1%. On region the global Yogurt market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is accounted for largest market share and is expected to dominate the target market over the forecast period. This is attributed to increasing demand for low fat dairy products among individual in the region. Europe is accounted for second largest market share in terms of revenue over the forecast period, owing to presence of key players in the region. The market in Asia Pacific is projected to witness the significant growth due to increase in consumption of dairy product in the region especially in India and China.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
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Market Segmentation |
By Product Type- Yogurt, Greek Yogurt, Yogurt Drinks (Regular & Flavored), and Frozen Yogurt By Distribution Channel– Supermarkets/Hypermarkets, Retailer Stores, Convenience Stores, and Online Stores |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global yogurt market report based on product type, distribution channel and region.
Global Yogurt Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Yogurt Market By Product Key Players
The key players operating in the global yogurt market includes Danone, S.A., Nestle, S.A., Parmalat S.p.A., Yakult Co., Ltd., Chobani LLC, Yoplait SAS, Arla Foods, Miller Company, Inc., Britannia Industries Limited, Mother Dairy, and FrieslandCampina.
Yakult Co. Ltd.
It is a probiotic health drink, which contains more than 8 billion beneficial bacteria. Daily consumption of Yakult helps improve digestion and helps build immunity. It is recommended for all age groups including children and pregnant women.
Global Yogurt Market By Product Company Profile
- Danone S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nestle S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Parmalat S.P.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yakult Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chobani LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yoplait SAS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Arla Foods
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Miller Company Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Britannia Industries Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mother Dairy
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Friesland Campina
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Yogurt Market By Product Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Yogurt Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Yogurt Market, By Product Type 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Yogurt
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Greek Yogurt
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Yogurt Drinks
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Frozen Yogurt
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Yogurt Market, By Distribution Channel 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Supermarkets/Hypermarkets
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Retailer Stores
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Convenience Stores
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Online Stores
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Yogurt Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Distribution Channel, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Danone S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nestle S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Parmalat S.P.A
- . Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yakult Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chobani LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yoplait SAS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Arla Foods
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Miller Company Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Britannia Industries Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mother Dairy
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Friesland Campina
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Global Yogurt market is segmented into basis of product type, distribution channel, and region.
Growing awareness regarding health benefits of yogurt is one of the major factor driving growth of the target market.
North America is accounted for largest market share and is expected to dominate the target market over the forecast period.
The Key players operating in the global Yogurt market include Danone, S.A., Nestle, S.A., Parmalat S.p.A., Yakult Co.,Ltd., Chobani LLC, Yoplait SAS, Arla Foods, Miller Company, Inc., Britannia Industries Limited, Mother Dairy, and FrieslandCampina.