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Yogurt Market: Increasing use of superfruits in yogurts to drive growth
The significant increase in the health consciousness among the consumers is one of the key factors driving the yogurt market share growth. The rising number of health issues such as diabetes, allergies, and obesity over the past few years has encouraged the consumption of various healthy food such as Greek yogurt. Leveraging the rising inclusion of Greek yogurt in the diet plans of health-conscious individuals, vendors have started offering Greek yogurt with superfruits such as acai, pomegranate, noni, goji berry, and grapes in their products. The availability of the product in various flavors is contributing to the sales which have a far-reaching effect on boosting the market.
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Yogurt Market: Segmentation Analysis
This market research report segments the yogurt market by Product (Spoonable yogurt and Drinkable yogurt) and Geography (APAC, Europe, North America, South America, and MEA).
The yogurt market share growth by the spoonable yogurt segment will be significant for revenue generation. The thick and creamy texture along with its good health benefits has made the spoonable yogurt quite popular. It is generally sold in cups or tubes. Moreover, the rise in preference for applying spoonable yogurt in foods and salad dressings has increased its popularity among consumers with a great rise. Thus, vendors are continuously coming up with innovative flavors of spoonable and the market segment is expected to raise the yogurt market share growth during the forecast period.
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Some of the key topics covered in the report include:
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Related Reports:
Greek Yogurt Market -The greek yogurt market has the potential to grow by USD 3.21 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 7.11%. Download a free sample now!
Frozen Yogurt Market -The frozen yogurt market size is expected to reach a value of USD 627.69 million, at a CAGR of 4.31%, during 2021-2025. Download a free sample now!
Yogurt Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.41% |
Market growth 2021-2025 |
USD 32.29 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.97 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 45% |
Key consumer countries |
US, China, Ireland, Australia, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Agropur cooperative, Chobani Global Holdings LLC, COYO Pty Ltd., DRUMS FOOD , Fage International SA, Fonterra Co operative Group Ltd., Groupe Lactalis, Lactalis Canada Inc., Pillars Drinkable Yogurt, and Sovos Brands Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for 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 Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide 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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