According to the latest report by IMARC Group, titled “Flavoured and Frozen Yoghurt Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the flavoured and frozen yoghurt market in India reached 35.0 Million Litres in 2022. Flavoured and frozen yoghurt is a good source of potassium, calcium, proteins, carbohydrates, calories, probiotics, and other essential nutrients. It aids in maintaining a healthy gut, lowering blood pressure, improving digestion, and strengthening bones. It is considered a healthier alternative as compared to traditional ice cream due to its low fat content. It should be stored at the recommended temperatures to preserve the live cultures and prevent bacterial contamination. It is available in a variety of flavors, which ranges from classic options like vanilla, chocolate, and strawberry to more unique and exotic choices.
Flavoured and Frozen Yoghurt Market in India Trends:
Increasing health concerns and rising awareness among people about the nutritional benefits of consuming flavoured and frozen yoghurt represent one of the primary factors augmenting the market growth in India. Moreover, the rising inclination towards ready to eat (RTE) food products like flavoured and frozen yoghurt on account of rapid urbanization, hectic lifestyles, and expanding purchasing power of individuals is supporting the growth of the market in the country. In addition, the growing consumer preferences towards probiotic food products or beverages as they have a high nutritional value and low-calorie content is influencing the market positively in the country. Apart from this, flavoured and frozen yoghurt is used in the preparation of various food products and beverages, such as smoothies, shakes, and yoghurt bowls, which are served across cafes, bakeries, quick service restaurants (QSRs), and other commercial food outlets. This, coupled with the thriving food and beverage (F&B) industry, is providing lucrative growth opportunities to key players operating in the country. Furthermore, the availability of flavoured and frozen yoghurt produced from different plant-based milk like almonds, oat, rice, and soy milk, for vegan and lactose-intolerant population is propelling the growth of the market. Looking forward, the market volume is projected to reach 86.7 Million Litres by 2028, expanding at a CAGR of 16.7% during 2023-2028.
- Region-wise, the market has been divided into Karnataka, Maharashtra, Tamil Nadu, Delhi, Gujarat, Andhra Pradesh and Telangana, Uttar Pradesh, West Bengal, Kerala, Haryana, Punjab, Rajasthan, Madhya Pradesh, Bihar, and Orissa. Amongst these, Maharashtra enjoys the leading position in the market.
- The competitive landscape of the industry has also been examined, with some of the key players being Amul (GCMMF), Mother Dairy, Danone and Nestlé.
|Base Year of the Analysis
||INR Billion, Million Litres
|Scope of the Report
||Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
||Karnataka, Maharashtra, Tamil Nadu, Delhi, Gujarat, Andhra Pradesh and Telangana, Uttar Pradesh, West Bengal, Kerala, Haryana, Punjab, Rajasthan, Madhya Pradesh, Bihar, Orissa
||Amul (GCMMF), Mother Dairy, Danone and Nestlé
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