- Regular Yogurt
- Fat-free Yogurt
Global Yogurt Market was valued at $77,689 million in 2020 and is anticipated to grow at $107,229 million till 2027 recording a CAGR of 4.7% during the forecast period 2021-2027. Yogurt is a dairy product that is made by bacteria fermenting milk. It's consumed in a variety of ways, including as a beverage, dessert, snack, protein-rich sports drink, meal replacement, and more. It has a number of advantages, including improved digestion, a reduced risk of type 2 diabetes, protection against colorectal cancer, and a stronger immune system. The market is expanding as people become more aware of the health benefits of yoghurt. Yogurts Market is produced by bacterial fermentation of milk. It is a cultured milk product which is sourced and thickened by the action of specific lactic acid-producing cultures added to milk. It is highly nutritious and is an excellent source of calcium, potassium, and protein. Yogurt also provides numerous vitamins and minerals and is low in calories. Increase in health consciousness among the people is anticipated to drive the growth of the yogurt market. Its protein-rich content and higher nutritional values are helping to gain popularity, which is driving the growth of the market. The addition of flavors in yogurts helping in attracting the new customers’ base, which is likely to drive the market growth. However, the stringent government regulations on food and safety and high cost involved in the production may hinder the growth of the market. In June 2017, Yoplait has launched a "French Yogurt." It's Called "Oui."
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The worldwide yoghurt industry is primarily driven by the health advantages of yoghurt consumption and rising public awareness about the importance of reducing weight. The expansion of the retail market in various countries, as well as the lower lactose content for lactose intolerant persons eager to eat dairy products, are other drivers driving market growth. Yakult, Danone, Nestle, Chobani, and others are among the primary actors creating awareness and encouraging the consumption of spoonable and drinkable yoghurt. Artificial chemicals and components in yoghurt, as well as the damaging hormonal treatment of milk-producing cows, may deter consumers from eating yoghurt. Demand for yoghurt is predicted to expand in developing countries as disposable income rises and health awareness rises, presenting several potential for the global yoghurt industry to develop.
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa (MEA)
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
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