Market Overview:
The global low-fat yogurt market reached a value of US$ 17.81 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 33.56 Billion by 2027, exhibiting a CAGR of 10.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Low-fat yogurt is prepared by fermenting low-fat or skim milk. It is low in calories and rich in calcium, potassium, and probiotics, which aids in maintaining bone and tooth health and the proper functioning of muscles and nerves. It also helps regulate the balance of electrolytes in the body, improve digestion and respiratory function, and offer resistance to diseases. At present, there is a rise in the popularity of low-calorie food products, which is catalyzing the demand for low-fat yogurt across the globe.
Low-Fat Yogurt Market Trends:
There is presently a considerable increase in the consumption of functional fermented dairy food products with improved nutritional qualities worldwide. This, coupled with the rising health consciousness among individuals, represents one of the key factors propelling the growth of the market. Moreover, excessive intake of dietary fat can cause disorders, such as obesity and cardiovascular diseases (CVDs). In line with this, low-fat yogurts are considered ideal dietary products for lactose intolerant people, particularly young children and the elderly population. Besides this, different methods are being used to improve the characteristics of low-fat yogurt, such as the inclusion of whey protein, utilization of suitable starter strains, enhanced total solids content, and thickeners. In addition, current dietary guidelines in numerous countries recommend low fat and sugar dairy products on account of obesity-related concerns. Key market players are financing research and development (R&D) activities to introduce unique flavors. They are also investing in promotional campaigns to generate brand awareness and increase their yearly revenue. Apart from this, low-fat yogurt can be used as a substitute for mayonnaise, cream, and sour cream in desserts and other dishes. This, in confluence with the burgeoning food and beverage (F&B) industry, is strengthening the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global low-fat yogurt market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, nature and distribution channel.
Breakup by Type:
- Flavored
- Cherry
- Strawberry
- Mango
- Others
- Unflavored
Breakup by Nature:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Chobani LLC, CP-Meiji Company Ltd., Danone S.A., Fage International S.A., General Mills Inc., Juhayna Food Industries, Lausanne Dairies, Muller UK & Ireland Group, Nestlé S.A., Parmalat S.p.A. (Lactalis American Group Inc) and Tillamook.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Nature, Distribution Channel, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Chobani LLC, CP-Meiji Company Ltd., Danone S.A., Fage International S.A., General Mills Inc., Juhayna Food Industries, Lausanne Dairies, Muller UK & Ireland Group, Nestlé S.A., Parmalat S.p.A. (Lactalis American Group Inc) and Tillamook. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global low-fat yogurt market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global low-fat yogurt market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the nature?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global low-fat yogurt market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Low-Fat Yogurt Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Flavored
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Cherry
6.1.2.2 Strawberry
6.1.2.3 Mango
6.1.2.4 Others
6.1.3 Market Forecast
6.2 Unflavored
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Nature
7.1 Organic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Conventional
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Specialty Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Chobani LLC
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 CP-Meiji Company Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Danone S.A.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Fage International S.A.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 General Mills Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Juhayna Food Industries
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Lausanne Dairies
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Muller UK & Ireland Group
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Nestlé S.A.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Parmalat S.p.A. (Lactalis American Group Inc)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Tillamook
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
List of Figures
Figure 1: Global: Low-Fat Yogurt Market: Major Drivers and Challenges
Figure 2: Global: Low-Fat Yogurt Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Low-Fat Yogurt Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Low-Fat Yogurt Market: Breakup by Type (in %), 2021
Figure 5: Global: Low-Fat Yogurt Market: Breakup by Nature (in %), 2021
Figure 6: Global: Low-Fat Yogurt Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Low-Fat Yogurt Market: Breakup by Region (in %), 2021
Figure 8: Global: Low-Fat Yogurt (Flavored) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Low-Fat Yogurt (Flavored) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Low-Fat Yogurt (Unflavored) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Low-Fat Yogurt (Unflavored) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Low-Fat Yogurt (Organic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Low-Fat Yogurt (Organic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Low-Fat Yogurt (Conventional) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Low-Fat Yogurt (Conventional) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Low-Fat Yogurt (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Low-Fat Yogurt (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Low-Fat Yogurt (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Low-Fat Yogurt (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Low-Fat Yogurt (Specialty Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Low-Fat Yogurt (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Low-Fat Yogurt (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Low-Fat Yogurt (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Low-Fat Yogurt (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Low-Fat Yogurt (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: North America: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: North America: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: United States: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: United States: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Canada: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Canada: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Asia-Pacific: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Asia-Pacific: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: China: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: China: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Japan: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Japan: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: India: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: India: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: South Korea: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: South Korea: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Australia: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Australia: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Indonesia: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Indonesia: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Others: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Others: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Europe: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Europe: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Germany: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Germany: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: France: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: France: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: United Kingdom: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: United Kingdom: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Italy: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Italy: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Spain: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Spain: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Russia: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Russia: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Latin America: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Latin America: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Brazil: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Brazil: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Mexico: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Mexico: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Middle East and Africa: Low-Fat Yogurt Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Middle East and Africa: Low-Fat Yogurt Market: Breakup by Country (in %), 2021
Figure 74: Middle East and Africa: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Global: Low-Fat Yogurt Industry: SWOT Analysis
Figure 76: Global: Low-Fat Yogurt Industry: Value Chain Analysis
Figure 77: Global: Low-Fat Yogurt Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Low-Fat Yogurt Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Low-Fat Yogurt Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Low-Fat Yogurt Market Forecast: Breakup by Nature (in Million US$), 2022-2027
Table 4: Global: Low-Fat Yogurt Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Low-Fat Yogurt Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Low-Fat Yogurt Market: Competitive Structure
Table 7: Global: Low-Fat Yogurt Market: Key Players