NEW YORK, Oct. 4, 2021 /PRNewswire/ -- The Greek yogurt market in Europe is expected to grow by $1.33 billion from 2020 to 2024, progressing at a CAGR of 8% during the forecast period, according to Technavio. The report offers an up-to-date analysis of the market.
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The Greek yogurt market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Nutritional benefits of Greek yogurt, the increasing usage of Greek yogurt for breakfast and snacking, and the increasing demand for gluten-free Greek yogurt will offer immense growth opportunities. However, the presence of stringent government regulations, negative environmental impact of the Greek yogurt manufacturing process, and the increasing popularity and lower prices of other categories of yogurt will challenge the growth of the market participants.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. The nutritional benefits of Greek yogurt have been instrumental in driving the growth of the market. However, the presence of stringent government regulations might hamper market growth.
Greek Yogurt Market in Europe 2020-2024: Segmentation
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Greek Yogurt Market in Europe 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The Greek yogurt market in Europe report covers the following areas:
This study identifies marketing initiatives adopted by the players in the market as one of the trends in the Greek yogurt market in Europe growth during the next few years.
Greek Yogurt Market in Europe 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the Greek yogurt market in Europe, including Danone SA, Dodoni SA Agricultural Dairy Industry of Epirus, Emmi Group, Fage International SA, General Mills Inc., KOLIOS SA Greek Dairy, Kri-Kri Milk Industry SA, The Hain Celestial Group Inc., Unilever Group, and Unternehmensgruppe Theo Muller. Backed with competitive intelligence and benchmarking, our research report on the Greek yogurt market in Europe is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Greek Yogurt Market in Europe 2020-2024: Key Highlights
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Greek Yogurt Market In Europe Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8% |
Market growth 2020-2024 |
$ 1.33 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.50 |
Regional analysis |
France, Germany, UK, and Rest of Europe |
Performing market contribution |
ROE at 31% |
Key consumer countries |
France and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Danone SA, Dodoni SA Agricultural Dairy Industry of Epirus, Emmi Group, Fage International SA, General Mills Inc., KOLIOS SA Greek Dairy, Kri-Kri Milk Industry SA, The Hain Celestial Group Inc., Unilever Group, and Unternehmensgruppe Theo Muller |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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