Gourmet-Cupcake Burnout, Will the Same Happen to Frozen Yogurt Shops?
FARMINGTON, Conn., April 22, 2013 /PRNewswire-iReach/ -- The cupcake craze is fading fast. Rapidly climbing sales at gourmet cupcake shops, such as Crumbs Bake Shop peaked in June 2011, but are now softening. It's a classic case of 'gourmet-cupcake burnout'; markets are saturated and demand is flat. Is the same fate facing the frozen yogurt shops that are now proliferating across the country as gourmet cupcake shops once did?
Frozen yogurt may not experience the same tale of woe because increasingly health-conscious consumers associate this light dessert with lower calories and a healthy, refreshing snack; some fortified options even offer nutraceutical benefits. Thanks to Greek yogurt, frozen yogurt has become a big early adopter, with a plethora of new Greek yogurt product introductions. And the yogurt trend has simultaneously been picked up by the foodservice industry, with overall penetration levels on restaurant menus nearing 18%, a 20% increase from five years ago. As part of this spill-over from retail, some yogurt makers have begun to pay more attention to foodservice, with Chobani and Dannon opening up their own yogurt shops.
The Yogurt Market and Yogurt Innovation: Greek Yogurt and Beyond
The yogurt market has undergone a sea change due to the Greek yogurt counter-revolution, which has yanked the category back to the future. Packaged Facts estimates the U.S. retail market for yogurt at $7.3 billion in 2012, up 6.6% over the previous year-with the Greek yogurt segment singlehandedly responsible for these respectable sales gains in a very large and mature product category.
The Yogurt Market and Yogurt Innovation: Greek Yogurt and Beyond offers a comprehensive look at the market for yogurt and yogurt drinks across the U.S. retail spectrum, with discussion extending to the global competitive context.
More information about this report and a free sample are available at http://www.giiresearch.com/report/pf254738-yogurt-market-yogurt-innovation-greek-yogurt.html
What else are market research experts buzzing about in the confectionery scene? What's the next dessert to take the confectionery market in leaps and bounds?
Confectionery: Global Industry Almanac
The performance of the global confectionery market is forecast to follow the similar pattern with an anticipated CAGR of 3% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $182,697.1 million by the end of 2016.
Use this report to save time on carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global confectionery market. The Five Forces analysis contained in the report will help confectionery executives determine the competitive intensity and attractiveness of the global confectionery market. Leading company profiles reveal details of key confectionery market players' global operations and financial performance.
More information about this report and a free sample are available at http://www.giiresearch.com/report/dc143679-confectionery.html
The Future of the Confectionery Market in Mexico to 2017
This report examines the components of change in Mexico's confectionary market by looking at historic and future growth patterns including, the effects of consumers' behavior on total volumes, values, brands selected and types of product chosen. The report provides detailed category coverage is provided, covering three product segments that include: Chocolate, Gum and Sugar Confectionery; Detailed product sales segmentation (for both volumes and values) is provided, including brand data, and sales by distribution channel, at the product category level.
Using the future forecasts contained in this report, marketers will better understand the future pattern of market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which they want to compete in the future.
More information about this report and a free sample are available at http://www.giiresearch.com/report/can265517-future-confectionery-market-mexico.html
Find more market research for the confectionery industry
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