Yogurt Market by Type - Global Opportunity Analysis and Industry Forecast, 2017-2023

  • ID: 4368967
  • Report
  • Region: Global
  • 220 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • Arla Foods
  • Chobani LLC
  • Danone
  • FrieslandCampina.
  • Mller
  • Nestle
  • MORE
The global yogurt market was valued at $77,679 million in 2016, and is projected to reach at $107,209 million by 2023, growing at a CAGR of 4.6% from 2017 to 2023. Yogurt is a low calorie, low sugar, and digestive food product made from whole, low fat, or skimmed milk. This product is also manufactured in the form of non-dairy delicacies under the name of coconut yogurt and soy yogurt. It may consist of fermenting bacterial cultures, sweeteners, flavors, color additives, stabilizers, emulsifiers, and preservatives depending upon the way of production. The various nutrients present in yogurt include good bacteria for digestive tract, protein, calcium, vitamin B-2, vitamin B-12, potassium, and magnesium. Set yogurt or plain yogurt is the most versatile variety with an average of 100 to 160 calories per cup based on fat content. The flavored variety of yogurt ranges from simple vanilla with added sugar to different fruit flavored types available in the market.

Asia-Pacific is the leading region in the global yogurt market with largest market share and highest CAGR during the forecast period. This is attributed to huge production in different countries of the region such as China, Japan, India, and others. The primary drivers of the market include health benefits associated with consuming yogurt and increasing awareness among people for losing weight. Other factors supporting the market growth are expansion of retail market in various regions and the lower lactose content for lactose intolerant people willing to eat dairy products. However, artificial additives & ingredients, often added to the yogurt and hormonal treatment of cows that may cause fatal diseases, are some of the few factors expected to restrict people from buying yogurt, thus, limiting the market growth. Growth in demand for yogurt in the emerging nations owing to rise in disposable income as well as increase in health awareness are expected to provide numerous opportunities for the expansion of the global yogurt market.

The report segments the global yogurt market based on type, distribution channel, and geography. By type, it is divided into set yogurt, greek yogurt, yogurt drinks, and frozen yogurt. The yogurt drinks segment is further fragmented into regular and flavored yogurt market. Based on distribution channel, it is categorized into supermarkets/hypermarkets, independent retailers, specialist retailers, convenience stores, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA and detailed description of the countries of respective regions.

The main strategies followed by key players to expand their business in the market are expansion in new regions and acquisitions of smaller companies. Comprehensive competitive analysis and profiles of major market players in this study are as follows:

Danone
Nestlé
Parmalat S.p.A.
Yakult
Chobani LLC
Yoplait
Arla Foods
Müller
Britannia Industries Limited
FrieslandCampina

KEY BENEFITS FOR STAKEHOLDERS

This report provides an extensive analysis of the current trends and emerging estimations & dynamics in the global yogurt market from 2016 to 2023, in terms of value and volume.
Detailed analysis of the market by type helps understand the different types of yogurt products that are currently in use, and the variants that are expected to gain prominence in the future.
Porter’s Five Forces analysis highlights the potency of buyers and suppliers to offer a competitive advantage to stakeholders to make profit-oriented business decisions and help strengthen their supplier & buyer network.
Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
Market share for all segments with respect to each geography is detailed in the report, which helps understand the trends in the industry at granular level.

KEY MARKET SEGMENTS

By Type

Set Yogurt
Greek Yogurt
Yogurt Drinks
Regular
Flavored
Frozen Yogurt

By Distribution Channel

Supermarkets/Hypermarkets
Independent Retailers
Specialist Retailers
Convenience Stores
Others (Online & Home Deliveries)

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Russia
Rest of the Europe
Asia-Pacific
China
India
Japan
Korea
Australia
Indonesia
Rest of the Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Turkey
Rest of the LAMEA
OTHER KEY PLAYERS

Mother Dairy
Lactalis
Amul
Emmi Group
CoolBrands International
Dean Foods
Saputo Inc.
Valio Oy
Juhayna Food Industries
Nile Co for Food Industries (Enjoy)
Centrale Laitière
Autres grandes firmes
SORIL
Groupe Poulina
Filippou Group (FAGE)
Vivartia SA
CERPL - Consorzio Emiliano Romagnolo Produttore Latte scar
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arla Foods
  • Chobani LLC
  • Danone
  • FrieslandCampina.
  • Mller
  • Nestle
  • MORE
CHAPTER 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

CHAPTER 2. EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVES

CHAPTER 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Bargaining Power of Suppliers
3.3.2. Bargaining Power of Buyers
3.3.3. Threat of Substitution
3.3.4. Threat of New Entrants
3.3.5. Competitive Rivalry

3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Health benefits associated with yogurt
3.4.1.2. Increase in awareness among people for losing weight
3.4.1.3. Expansion of retail market
3.4.1.4. Lower or no lactose content
3.4.1.5. Impact analysis

3.4.2. Restraints

3.4.2.1. Harmful additives & ingredients in yogurt
3.4.2.2. Impact analysis

3.4.3. Opportunities

3.4.3.1. Increase in demand in the developing nations
3.4.3.2. Trend for organic yogurt
3.4.3.3. Impact analysis

3.5. REGULATION ANALYSIS
3.6. MARKET SHARE ANALYSIS, 2016 (%)

CHAPTER 4. GLOBAL YOGURT MARKET, BY TYPE

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. SET YOGURT

4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast

4.3. GREEK YOGURT

4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast

4.4. YOGURT DRINKS

4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast

4.4.2.1. Regular yogurt drinks
4.4.2.2. Market Size and Forecast
4.4.2.3. Flavored yogurt drinks
4.4.2.4. Market Size and Forecast

4.5. FROZEN YOGURT

4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast

CHAPTER 5. GLOBAL YOGURT MARKET, BY DISTRIBUTION CHANNEL

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. SUPERMARKETS/HYPERMARKETS

5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast

5.3. INDEPENDENT RETAILERS

5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast

5.4. SPECIALIST RETAILERS

5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast

5.5. CONVENIENCE STORES

5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast

5.6. OTHERS

5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast

CHAPTER 6. YOGURT MARKET, BY GEOGRAPHY

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. NORTH AMERICA

6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast
6.2.3. U.S.

6.2.3.1. Market size and forecast, by type

6.2.4. Canada

6.2.4.1. Market size and forecast, by type

6.2.5. Mexico

6.2.5.1. Market size and forecast, by type

6.3. EUROPE

6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast
6.3.3. UK

6.3.3.1. Market size and forecast, by type

6.3.4. Germany

6.3.4.1. Market size and forecast, by type

6.3.5. France

6.3.5.1. Market size and forecast, by type

6.3.6. Italy

6.3.6.1. Market size and forecast, by type

6.3.7. Spain

6.3.7.1. Market size and forecast, by type

6.3.8. Russia

6.3.8.1. Market size and forecast, by type

6.3.9. Rest of the Europe

6.3.9.1. Market size and forecast, by type

6.4. ASIA-PACIFIC

6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast
6.4.3. China

6.4.3.1. Market size and forecast, by type

6.4.4. India

6.4.4.1. Market size and forecast, by type

6.4.5. Japan

6.4.5.1. Market size and forecast, by type

6.4.6. Korea

6.4.6.1. Market size and forecast, by type

6.4.7. Australia

6.4.7.1. Market size and forecast, by type

6.4.8. Indonesia

6.4.8.1. Market size and forecast, by type

6.4.9. Rest of Asia-Pacific

6.4.9.1. Market size and forecast, by type

6.5. LAMEA

6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast
6.5.3. Brazil

6.5.3.1. Market size and forecast, by type

6.5.4. Saudi Arabia

6.5.4.1. Market size and forecast, by type

6.5.5. South Africa

6.5.5.1. Market size and forecast, by type

6.5.6. Turkey

6.5.6.1. Market size and forecast, by type

6.5.7. Rest of the LAMEA

6.5.7.1. Market size and forecast, by type

CHAPTER 7. COMPANY PROFILES

7.1. DANONE

7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance
7.1.5. Key Strategic Moves and Developments

7.2. NESTL

7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Business Performance
7.2.5. Key Strategic Moves and Developments

7.3. PARMALAT S.P.A.

7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance
7.3.5. Key Strategic Moves and Developments

7.4. YAKULT

7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Business Performance
7.4.5. Key Strategic Moves and Developments

7.5. CHOBANI LLC

7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance
7.5.5. Key Strategic Moves and Developments

7.6. YOPLAIT

7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance
7.6.5. Key Strategic Moves and Developments

7.7. ARLA FOODS

7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Business Performance
7.7.5. Key Strategic Moves and Developments

7.8. MLLER

7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance
7.8.5. Key Strategic Moves and Developments

7.9. BRITANNIA INDUSTRIES LIMITED

7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Business Performance
7.9.5. Key Strategic Moves and Developments

7.10. FRIESLANDCAMPINA

7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Operating Business Segments
7.10.4. Business Performance
7.10.5. Key Strategic Moves and Developments
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FEATURED COMPANIES

  • Arla Foods
  • Chobani LLC
  • Danone
  • FrieslandCampina.
  • Mller
  • Nestle
  • MORE
Yogurt Market Report, forecasts that the global market is projected to reach at $107,209 million by 2023 from $77,679 million in 2016, growing at a CAGR of 4.6% from 2017 to 2023. The set yogurt type accounted for about one-third of the global market in 2016.

Yogurt & its different flavors are a healthy, versatile, and convenient food with a characteristic richness and pleasant taste. It contains healthy bacteria beneficial to the gut, thus, it is a good probiotic facilitating weight management, digestion, absorption of vitamins & minerals, and more. Yogurt is available in different forms and packings in the market ranging from cups, tubs & tubes to drinkable yogurt such as kefir. It also cures or prevent diarrhea, constipation, and bloating.

The main drivers for the global yogurt market are the health benefits associated with consuming yogurt and rising alertness among people in different regions for losing weight. The additional facts that support the growth of the market are growth in retail market and the low lactose content for lactose intolerant people willing to eat dairy products. However, the artificial additives & ingredients present in certain varieties of yogurt along with hormonal treatment of cows causing fatal diseases may limit people from consuming yogurt and restrict the market growth. Rise in demand for yogurt in the emerging nations owing to increase in disposable income and health awareness are expected to provide numerous opportunities for expansion of the global yogurt market.

The hypermarkets/supermarkets segment is the leading distribution channel with almost half of the yogurt market share, growing with second fastest CAGR during the forecast period. This is attributed to the increase in business of retail sales in different regions as well as the large shelf space available for maximum sales and to let customers pick their choice.

Yogurt is consumed in many forms such as beverage, snacks, meal replacement, dessert, protein-rich sports drink, and more. In 2016, the yogurt drinks type occupied major market, in terms of revenue, with nearly one-third of the share. This trend is expected to be continued during the forecast period as well owing to the probiotic nature and omega 3 benefits offered by drinking yogurt. The set yogurt segment accounted for second highest market share in 2016, and is expected to grow at a decent CAGR during the forecast period. Asia-Pacific and Europe accounted for more than 70% of the global yogurt market in 2016 owing to the huge consumption of yogurt products in the region.

Key Findings of the Yogurt Market:

Yogurt drinks segment is projected to witness the highest CAGR of 5.7% in revenue terms during the forecast period.
Asia-Pacific is expected to be the dominant shareholder in 2023, due to high growth rate of population and yogurt products demand.
Supermarket/hypermarket segment occupied the largest market with almost half of the value share in 2016, and is expected to grow at the second highest CAGR of 4.9% during the forecast period.
The regular subtype of the yogurt drinks segment accounted for higher market share and is anticipated to grow at a faster rate than flavored yogurt drink during the forecast period.
Frozen yogurt type is anticipated to be the second highest growing segment at a lucrative CAGR from 2017 to 2023, in value terms.
In 2016, Asia-Pacific and North America collectively accounted for more than 70% of the yogurt market share, registering a lucrative CAGR and is anticipated to retain their position in the global yogurt market in 2023. This is attributed to the significant growth of the food & beverage industries in China, India, & other developing economies as well as rising popularity of yogurt drinks in both the regions.

Major companies profiled in the report include Danone, Nestl, Parmalat S.p.A., Yakult, Chobani LLC, Yoplait, Arla Foods, Mller, Britannia Industries Limited, and FrieslandCampina.
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  • Danone
  • Nestle
  • Parmalat S.p.A.
  • Yakult
  • Chobani LLC
  • Yoplait
  • Arla Foods
  • Mller
  • Britannia Industries Limited
  • FrieslandCampina.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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