Global Flavored Yogurt Market
Global Flavoured Yogurt was valued at US$ 32.1 Bn in 2021, estimated to reach US$ 85.9 Bn in 2027, with a CAGR of 7.4% from 2022-2027.
From addition of flavour to the fermented milk with well-defined and viable bacteria which creates a thickened product having an extended shelf life, flavoured yogurt is prepared. Flavours, sweeteners and fruits are further added to the yogurt to boost the aroma, taste and consistency.
Market Drivers
Factors that are increasing the demand for yogurt across the globe are it is an option for lactose-intolerant people owing to its lactose content in the form of lactic acid, it is low in calorie content.
Additionally factor that help to rise the market growth of flavoured yogurt is the existence of healthy ingredients of this product which allow it to be more readily available in supermarkets and other outlets. Also, Online discounts offered by e-food retailers is another factor that will help to boost the market growth.
Market Restraints
Major factors that are expected to hinder the market’s growth in the forecasted period are the artificial sweeteners in yogurt, rising use of dairy alternative based products and the increasing use of preservatives.
Market Segmentation
Flavored Yogurt Market is segmented into major 4 categories. Based on Flavour, the market is segmented into Strawberry, Vanilla, Peach, Blueberry, Others. Based on Distribution Channel, the market is divided into Supermarket/Hypermarket, Convenience stores, E commerce, and Others. Based on Type, the market is segmented into Organic, Conventional. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Europe was projected to be the largest market for flavoured yogurt in 2019 and continue to be in forecast period because of the rising popularity of the berry yogurts and flavored Greek yogurt in the market. Some of the factors driving the market are the changing lifestyle and increasing disposable income.
Asia Pacific is expected to witness a highest CAGR during the forecast period. The increasing popularity of flavoured yogurt as a substitute for ice-cream and desserts by the grocery shops and restaurants is trending high in Asian countries like India and China.
Market Key Players
Some of the key players operating in Global Flavored Yogurt Market are Danone, Nestle, Chobani LLC, General Mills, Arla Foods, Müller, Fage International S.A., Stonyfield Farm Inc., Emmi Group, Cabot Creamery.
Industry development
In January 2019, Yoplait, the largest franchise brand of yoghurt and Dunkin’ Donuts announced to launch four new breakfast pastry-inspired yogurt flavors that includes Apple Fritter, Boston Kreme Donut, French Vanilla Latte Cinnamon Coffee Roll and French Vanilla Latte. Through the launch of new flavored yogurt, the company aims to increase the sale of yogurts, and aims to capture new segment in the overall yogurt market.
March 2022 – Evergreen Licensing has announced resuming its long history in licensing and is happy to introduce Dippin’ Dots Popcorn! Evergreen Licensing, in partnership with Dippin’ Dots and their iconic beaded ice cream flavors, alongside its sister brand, Doc Popcorn and Brand Squared Licensing, its long-term Licensing Agency, has announced the extension of the brand into the rapidly growing licensed popcorn category.
December 2021- Valio USA happily announced the launch of its range of Oddlygood oat yogurtsacross the US market in its first plant-based yogurt launch in the US. Valio USA, widely popular for its plant-based cheeses, has taken the stance towards the development in the form of oat yogurt!
Global Flavored Yogurt Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Flavored Yogurt Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Flavored Yogurt Market, By Flavor
5.1 Y-o-Y Growth Comparison, By Flavor
5.2 Flavored Yogurt Market Share Analysis, By Flavor
5.3 Flavored Yogurt Market Size and Forecast, By Flavor
5.3.1 Strawberry
5.3.2 Vanilla
5.3.3 Peach
5.3.4 Blueberry
5.3.5 Others
6 Flavored Yogurt Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Flavored Yogurt Market Share Analysis, By Type
6.3 Flavored Yogurt Market Size and Forecast, By Type
6.3.1 Organic
6.3.2 Conventional
7 Flavored Yogurt Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Flavored Yogurt Market Share Analysis, By Distribution Channel
7.3 Flavored Yogurt Market Size and Forecast, By Distribution Channel
7.3.1 Supermarket/Hypermarket
7.3.2 Convenience stores
7.3.3 E commerce
7.3.4 Others
8 Flavored Yogurt Market, By Region
8.1 Flavored Yogurt Market Share Analysis, By Region
8.2 Flavored Yogurt Market Share Analysis, By Region
8.3 Flavored Yogurt Market Size and Forecast, By Region
9 North America Flavored Yogurt Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Flavored Yogurt Market Share Analysis, By Flavor
9.3 North America Flavored Yogurt Market Size and Forecast, By Type
9.4 North America Flavored Yogurt Market Size and Forecast, By Distribution Channel
9.5 North America Flavored Yogurt Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Flavored Yogurt Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Flavored Yogurt Market Share Analysis, By Flavor
10.3 Europe Flavored Yogurt Market Size and Forecast, By Type
10.4 Europe Flavored Yogurt Market Size and Forecast, By Distribution Channel
10.5 Europe Flavored Yogurt Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Flavored Yogurt Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Flavored Yogurt Market Share Analysis, By Flavor
11.3 Asia Pacific Flavored Yogurt Market Size and Forecast, By Type
11.4 Asia Pacific Flavored Yogurt Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Flavored Yogurt Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Flavored Yogurt Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Flavored Yogurt Market Share Analysis, By Flavor
12.3 Latin America Flavored Yogurt Market Size and Forecast, By Type
12.4 Latin America Flavored Yogurt Market Size and Forecast, By Distribution Channel
12.4 Latin America Flavored Yogurt Market Size and Forecast, By Network Route of Administration
12.5 Latin America Flavored Yogurt Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Flavored Yogurt Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Flavored Yogurt Market Share Analysis, By Flavor
13.3 Middle East Flavored Yogurt Market Size and Forecast, By Type
13.4 Middle East Flavored Yogurt Market Size and Forecast, By Distribution Channel
13.5 Middle East Flavored Yogurt Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Danone
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Nestle
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Chobani LLC
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 General Mills
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Arla Foods
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Müller
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Fage International S.A.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Stonyfield Farm Inc.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Emmi Group
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Cabot Creamery
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
