CLEVELAND, Sept. 12, 2018 /PRNewswire/ -- US retail sales of refrigerated yogurt are forecast to rise 2.1% annually through 2022, according to Yogurt: United States, a report recently released by Freedonia Focus Reports. Gains will reflect growth in per-capita consumption as more consumers explore drinkable yogurts. Retailers will continue to benefit from price growth in organic varieties. However, ongoing price competition among suppliers of inorganic yogurt, including Greek yogurt, will restrain faster advances.
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While spoonable yogurt accounts for the far larger product segment, growth in retail sales of refrigerated yogurt drinks are expected to outpace those of spoonable types. Suppliers stand to benefit from increasing consumer perception of drinkable yogurt as a healthier, more flavorful alternative to fluid milk.
These and other key insights are featured in Yogurt: United States. This report forecasts US refrigerated yogurt retail sales in pounds and nominal US dollars to 2022. Total retail sales are segmented by product in terms of:
Total shipments of nonfrozen yogurt in nominal US dollars at the manufacturer level are also forecast to 2022.
To illustrate historical trends, total retail sales, total shipments, and the various segments are provided in annual series from 2007 to 2017.
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Consumer Goods reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
SOURCE The Freedonia Group