Market Analysis
The global flavored yogurt market is likely to touch USD 77.5 billion at a 5.4% CAGR between 2019-2024, as per the recent Market Research Future (MRFR) report. Yogurt is rich both in calcium protein and also contains potassium. Some also have active, live bacterial cultures. These probiotics or cultures are good bacteria for the gut as it helps in maintaining healthy digestive systems. Today yogurts are available in new flavors such as raspberry, blueberry, chocolate, banana, mango, and others. Flavored yogurts are also available in different forms, such as regular, frozen, non-fat, or low-fat. These yogurts are healthy and delicious.
Numerous factors are adding to the global flavored yogurt market growth. These factors, according to the recent MRFR report, include new innovative forms of packaging, easy availability, convenient to carry, rising disposable income, and increasing inclination of consumers towards nutritious and healthy food products.
On the contrary, the increasing use of artificial sweeteners and preservatives in yogurt may hinder the global market growth during the forecast period.
Key Players
Key players profiled in the global flavored yogurt market report include Dean Foods Company (US), Emmi Group AG (Switzerland), Mrs. Fields’ Original Cookies Inc (US), Groupe Lactalis (France), Mother Dairy Fruit Vegetable Pvt. Ltd. (India), Danone S.A. (France), Red Mango FC LLC (US), Sweet Frog Enterprises LLC (US), General Mills Inc. (US), Chobani LLC. (US), Société des Produits Nestlé S.A. (Switzerland), Juhayna Food Industries (Egypt), Arla Foods Amba (Denmark), Valio Ltd (Finland), and Saputo Inc (Canada).
Market Segmentation
The Market Research Future report provides an all-inclusive segmental analysis of the global flavored yogurt market based on flavor, product type, and distribution channel.
By flavour, the global flavored yogurt market is segmented into mango, raspberry, strawberry, blueberry, vanilla, and others. Of these, vanilla will lead the market over the forecast period for the growing demand for this flavor among consumers.
By product type, the global flavored yogurt Industry is segmented into low fat, fat-free, and conventional. Of these, the conventional type is likely to dominate the market during the forecast period as it is cost-effective than fat-free yogurt. The low-fat segment, meanwhile, is likely to grow at the highest CAGR for the different health benefits that it offers, such as low calories.
By distribution channel, the global flavored yogurt market is segmented into non-store-based and store-based. The store-based segment is again segmented into convenience stores, hypermarkets and supermarkets, and others. Of these, the store-based segment will have a major share in the market over the forecast period for the increasing availability of various forms of yogurts. The non-store-based segment, meanwhile, is likely to grow at a higher CAGR for the increasing preference of consumers for online purchase and technical advances in the e-commerce industry.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/flavored-yogurt-market-8078
Regional Analysis
By region, the global flavored yogurt market report covers the recent trends and growth opportunities across North America, Europe, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, North America is predicted to spearhead the market during the forecast period for the growing preference for low-calorie snacks and rising awareness of the health benefits of consuming yogurt. Constant innovations of new flavors, easy availability, and the concept of split pot yogurt are also adding to the flavored yogurt market growth in the region.
The global flavored yogurt market share in the APAC region is predicted to grow at the fastest pace and the highest CAGR over the forecast period for preference for on-the-go food, changing lifestyles, and rising per-capita income in China and India.
The global flavored yogurt market in Europe is predicted to have healthy growth during the forecast period for the wide consumption of flavored yogurt in the UK, Italy, France, and Germany.
The global flavored yogurt market in the RoW is predicted to have steady growth over the forecast period.
Industry News
February 2020: Meiji has launched its latest variety of Apollo. The upper layer of the yogurt is strawberry flavored, and the bottom layer has a milk chocolate flavor. The sauce contains cocoa powder, chocolate, strawberry pulp, and normal ingredients. The best thing, it is guilt-free and delicious.
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