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The global yogurt market reached a value of US$ 107.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 154 Billion by 2027, exhibiting a CAGR of 6.3% 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.
Yogurt is a dairy product manufactured by fermenting milk using bacteria, such as L. acidophilus, L. rhamnosus, L. bulgaricus, and streptococcus thermophilus. It is a rich source of calcium, vitamins B6 and B12, riboflavin, potassium, and magnesium, which promotes bone health. It cures constipation by increasing bowel movements and reducing straining and pain. It also helps decrease low-density lipoprotein (LDL) cholesterol in the blood. Apart from this, it assists in boosting the immune system, reducing inflammation, curing vaginal yeast infections, and promoting heart health.
Yogurt Market Trends:
At present, there is a rise in the demand for low-calorie, high-protein, and healthier desserts across the globe. This represents one of the key factors driving the market. In addition, there is an increase in the sales of lactose-free yogurt variants around the world on account of the rising lactose-intolerant population. This, coupled with the growing awareness among the masses about the benefits of consuming yogurt, is positively influencing the market. Moreover, the wide availability of yogurt through online and offline distribution channels is offering lucrative growth opportunities to industry investors. Apart from this, the increasing consumption of yogurt to reduce the risk of type 2 diabetes and colorectal cancer, prevent osteoporosis, enhance weight and fat loss, and improve the immune system is propelling the growth of the market. Additionally, key market players are extensively investing in research and development (R&D) activities to introduce plant-based yogurt. They are also offering fruit, organic, and drinkable yogurt, which is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global yogurt market report, along with forecasts for growth at the global, regional, and country level from 2022-2027. Our report has categorized the market based on product type, flavor, and distribution channel.
Breakup by Product Type:
Based on the product type, the market has been classified into set yogurt, Greek yogurt, yogurt drinks, frozen yogurt, and others.
Breakup by Flavor:
On the basis of the flavor, the market has been categorized into the strawberry blend, vanilla, plain, strawberry, peach and others.
Breakup by Distribution Channel:
Based on the distribution channel, the market has been segmented into supermarkets and hypermarkets, convenience stores, specialty stores, online stores, and others.
On the basis of the region, the market has been segregated into Asia Pacific, European Union, North America, Eastern Europe, Latin America, and others.
The competitive landscape of the market has also been analyzed. It is characterized by the presence of numerous small and large manufacturers. Some of the leading players operating in the market are:
|Base Year of the Analysis||2021|
|Units||US$ Billion, Million Metric Tons|
|Segment Coverage||Product Type, Flavor, Distribution Channel, Region|
|Region Covered||Asia Pacific, European Union, North America, Eastern Europe, Latin America, Others|
|Companies Covered||Lactalis Group, General Mills Inc., Nestle, Friesland Campina, Danone and Yili Industrial Group Co. Ltd.|
|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:
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