Title: Yogurt Market - Forecast(2022 - 2027)
1Yogurt Market Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022 - 2027
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- Yogurt Market size was estimated at 132.4
billion in 2020, projected to grow at a CAGR of
9.6 during the forecast period 2021-2026. - People's growing knowledge of the health
advantages of yogurt, as well as their growing
awareness of nutritious foods, are key factors
driving Yogurt Industry development. - Lactic acid bacteria, such as Lactobacillus
bulgaricus and Streptococcus thermophilus, forms
yogurt, a popular coagulated dairy product. It is
prepared by fermenting milk with cultures like
Lactobacillus bulgaricus and Streptococcus
thermophilus.
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- Key Takeaways
- Yogurt is becoming increasingly popular among
health-conscious customers due to its low fat and
sugar content. Manufacturers are responding by
producing fortified yogurt products with added
vitamins, minerals, and fiber. Arla Foods, for
example, has introduced a fiber-rich yogurt that
is high in proteins, low in fats, and includes
about 27 of the daily required calcium
consumption. - Among the key drivers pushing the yogurt industry
quickly are an expanding youthful population base
that is health concerned, growing consumer desire
for unusual tastes, and considerable expenditures
by manufacturers. -
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By Distribution Channel- Segment Analysis Based
on Distribution Channel, Yogurt market is
segmented into supermarkets, convenience stores,
online stores, and other distribution channels.
Supermarket Segment is accounted for the largest
revenue market share in 2020. As all of the main
brands of flavored yogurt are sold in
supermarkets, the distribution channel generates
the most income. Furthermore, simple access,
product availability, and diversity are among the
key elements fueling the segment's growth. In the
United States, supermarket giants such as Walmart
and The Kroger Co. have a significant number of
locations in the region that stock the majority
of the dairy goods.
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- Yogurt Market Industry Outlook
- Danone SA
- Nestle
- Parmalat S.p.A
- Yakult
- Chobani LLC
- Yoplait
- Arla Foods
- Mller
- Britannia Industries Limite
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Yogurt Market - Forecast(2022 - 2027) Learn
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