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Yogurt Market By Type, By Flavor, By Source, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020-2031

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    Report

  • 220 Pages
  • March 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640329
UP TO OFF until Oct 24th 2024
The global yogurt market size was valued at $97,999.5 million in 2020, and is estimated to reach $171,826.1 million by 2031, registering a CAGR of 5.5% from 2022 to 2031. Yogurt is a low calorie, low sugar, and digestive food product made from whole, low fat, or skimmed milk. Yogurt is 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 on the way of production. Various nutrients present in yogurt include good bacteria for digestive tract, protein, calcium, vitamin B2, vitamin B12, potassium, and magnesium. Set yogurt or plain yogurt is most versatile variety with an average of 100 to 160 calories per cup depending on its fat content. The flavored variety of yogurt ranges from simple vanilla with added sugar to different fruit flavored types available in the market.

The cost-effectiveness and easy availability of raw materials, including milk used in the preparation of yogurt drive the market growth. Fruits, milk, sugar, flavors, and bacterial culture are some of the key ingredients used to prepare yogurt. Furthermore, rise in popularity of flavored and vegan yogurt along with frequent product launches by key players spur the growth of the market during the forecast period. Furthermore, the set yogurt segment accounted for highest market share in 2020, and is expected to grow at a CAGR of 4.4% during the forecast period. Asia-Pacific and Europe accounted for more than 74.1% of the global yogurt market in 2020 owing to the huge consumption of yogurt products in the region.

During COVID-19, people were focused on consumption of high nutritional food to increase immune system, which can lower the risk of chronic illnesses and infectious diseases. Thus, yogurt sales were increased in 2020. Yogurt contains immunity boosting nutrients that includes vitamin D.

The yogurt market segmented on the basis of type, flavor, source, distribution channel, and region. Depending on type, it is categorized into set yogurt, greek yogurt, yogurt drinks, and frozen yogurt. By flavor, it is bifurcated into plain and flavored. According to source, it is classified into dairy-based and non-dairy-based. As per distribution channel, it is fragmented into supermarkets/hypermarkets, independent retailers, specialist retailers, convenience stores, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, Russia, and rest of the Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, and rest of the Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Turkey, and rest of the LAMEA).

Asia-Pacific dominated 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, including China, Japan, and India. The primary drivers of the market include health benefits associated with consuming yogurt and increase in awareness among people for losing weight. Other factors supporting the market growth are expansion of retail market in various regions and 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 restrict people from buying yogurt, thus, limiting the market growth. Growth in demand for yogurt in developing nations, owing to rise in disposable income as well as increase in health awareness is expected to provide numerous opportunities for the expansion of the global yogurt market.

Players operating in the global yogurt industry adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Arla Foods Amba, Britannia Industries Limited, Chobani, Llc, Danone, General Mills, Gujarat Cooperative Milk Marketing Federation (Amul), Lactalis Corporation, Nestle S.A., Saputo Inc., and Schreiber Foods Inc.

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the global yogurt market with current trends and future estimations to elucidate the imminent investment pockets in the market.
  • The report provides information regarding drivers, restraints, and opportunities with impact analysis.
  • A quantitative analysis from 2020 to 2031 is provided to showcase the financial competency of the market.
  • Porter’s five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
  • Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
  • Competitive intelligence highlights business practices followed by leading market players across various regions.

    Key Market Segments


By Type

  • Set Yogurt
  • Greek Yogurt
  • Yogurt Drinks
  • Frozen Yogurt

By Flavor

  • Plain
  • Flavored

By Source

  • Dairy Based Yogurt
  • Non Dairy Based Yogurt

By Distribution Channel

  • Supermarkets And Hypermarkets
  • Convenience Stores
  • Specialist Retailers
  • Online Stores
  • Others

By Region

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

Key Market Players

  • Arla Foods Amba
  • britannia industries limited
  • Chobani, Llc
  • Danone
  • General Mills, Inc.
  • Gujarat Cooperative Milk Marketing Federation (Amul)
  • Lactalis Corporation
  • Nestle S.A.
  • Saputo Inc
  • Schreiber Foods Inc.

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: YOGURT MARKET, BY TYPE
4.1 Overview
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, by region
4.2.3 Market analysis by country
4.3 Greek Yogurt
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Yogurt Drinks
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Frozen Yogurt
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: YOGURT MARKET, BY FLAVOR
5.1 Overview
5.1.1 Market size and forecast
5.2 Plain
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Flavored
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: YOGURT MARKET, BY SOURCE
6.1 Overview
6.1.1 Market size and forecast
6.2 Dairy Based Yogurt
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Non Dairy Based Yogurt
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: YOGURT MARKET, BY DISTRIBUTION CHANNEL
7.1 Overview
7.1.1 Market size and forecast
7.2 Supermarkets And Hypermarkets
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Convenience Stores
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Specialist Retailers
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
7.5 Online Stores
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market analysis by country
7.6 Others
7.6.1 Key market trends, growth factors and opportunities
7.6.2 Market size and forecast, by region
7.6.3 Market analysis by country
CHAPTER 8: YOGURT MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 Europe
8.2.1 Key trends and opportunities
8.2.2 Europe Market size and forecast, by Type
8.2.3 Europe Market size and forecast, by Flavor
8.2.4 Europe Market size and forecast, by Source
8.2.5 Europe Market size and forecast, by Distribution Channel
8.2.6 Europe Market size and forecast, by country
8.2.6.1 U.K.
8.2.6.1.1 Market size and forecast, by Type
8.2.6.1.2 Market size and forecast, by Flavor
8.2.6.1.3 Market size and forecast, by Source
8.2.6.1.4 Market size and forecast, by Distribution Channel
8.2.6.2 Germany
8.2.6.2.1 Market size and forecast, by Type
8.2.6.2.2 Market size and forecast, by Flavor
8.2.6.2.3 Market size and forecast, by Source
8.2.6.2.4 Market size and forecast, by Distribution Channel
8.2.6.3 France
8.2.6.3.1 Market size and forecast, by Type
8.2.6.3.2 Market size and forecast, by Flavor
8.2.6.3.3 Market size and forecast, by Source
8.2.6.3.4 Market size and forecast, by Distribution Channel
8.2.6.4 Italy
8.2.6.4.1 Market size and forecast, by Type
8.2.6.4.2 Market size and forecast, by Flavor
8.2.6.4.3 Market size and forecast, by Source
8.2.6.4.4 Market size and forecast, by Distribution Channel
8.2.6.5 Spain
8.2.6.5.1 Market size and forecast, by Type
8.2.6.5.2 Market size and forecast, by Flavor
8.2.6.5.3 Market size and forecast, by Source
8.2.6.5.4 Market size and forecast, by Distribution Channel
8.2.6.6 Russia
8.2.6.6.1 Market size and forecast, by Type
8.2.6.6.2 Market size and forecast, by Flavor
8.2.6.6.3 Market size and forecast, by Source
8.2.6.6.4 Market size and forecast, by Distribution Channel
8.2.6.7 Rest of Europe
8.2.6.7.1 Market size and forecast, by Type
8.2.6.7.2 Market size and forecast, by Flavor
8.2.6.7.3 Market size and forecast, by Source
8.2.6.7.4 Market size and forecast, by Distribution Channel
8.3 Asia-Pacific
8.3.1 Key trends and opportunities
8.3.2 Asia-Pacific Market size and forecast, by Type
8.3.3 Asia-Pacific Market size and forecast, by Flavor
8.3.4 Asia-Pacific Market size and forecast, by Source
8.3.5 Asia-Pacific Market size and forecast, by Distribution Channel
8.3.6 Asia-Pacific Market size and forecast, by country
8.3.6.1 China
8.3.6.1.1 Market size and forecast, by Type
8.3.6.1.2 Market size and forecast, by Flavor
8.3.6.1.3 Market size and forecast, by Source
8.3.6.1.4 Market size and forecast, by Distribution Channel
8.3.6.2 India
8.3.6.2.1 Market size and forecast, by Type
8.3.6.2.2 Market size and forecast, by Flavor
8.3.6.2.3 Market size and forecast, by Source
8.3.6.2.4 Market size and forecast, by Distribution Channel
8.3.6.3 Japan
8.3.6.3.1 Market size and forecast, by Type
8.3.6.3.2 Market size and forecast, by Flavor
8.3.6.3.3 Market size and forecast, by Source
8.3.6.3.4 Market size and forecast, by Distribution Channel
8.3.6.4 South Korea
8.3.6.4.1 Market size and forecast, by Type
8.3.6.4.2 Market size and forecast, by Flavor
8.3.6.4.3 Market size and forecast, by Source
8.3.6.4.4 Market size and forecast, by Distribution Channel
8.3.6.5 Australia
8.3.6.5.1 Market size and forecast, by Type
8.3.6.5.2 Market size and forecast, by Flavor
8.3.6.5.3 Market size and forecast, by Source
8.3.6.5.4 Market size and forecast, by Distribution Channel
8.3.6.6 Indonesia
8.3.6.6.1 Market size and forecast, by Type
8.3.6.6.2 Market size and forecast, by Flavor
8.3.6.6.3 Market size and forecast, by Source
8.3.6.6.4 Market size and forecast, by Distribution Channel
8.3.6.7 Rest of Asia-Pacific
8.3.6.7.1 Market size and forecast, by Type
8.3.6.7.2 Market size and forecast, by Flavor
8.3.6.7.3 Market size and forecast, by Source
8.3.6.7.4 Market size and forecast, by Distribution Channel
8.4 North America
8.4.1 Key trends and opportunities
8.4.2 North America Market size and forecast, by Type
8.4.3 North America Market size and forecast, by Flavor
8.4.4 North America Market size and forecast, by Source
8.4.5 North America Market size and forecast, by Distribution Channel
8.4.6 North America Market size and forecast, by country
8.4.6.1 U.S.
8.4.6.1.1 Market size and forecast, by Type
8.4.6.1.2 Market size and forecast, by Flavor
8.4.6.1.3 Market size and forecast, by Source
8.4.6.1.4 Market size and forecast, by Distribution Channel
8.4.6.2 Canada
8.4.6.2.1 Market size and forecast, by Type
8.4.6.2.2 Market size and forecast, by Flavor
8.4.6.2.3 Market size and forecast, by Source
8.4.6.2.4 Market size and forecast, by Distribution Channel
8.4.6.3 Mexico
8.4.6.3.1 Market size and forecast, by Type
8.4.6.3.2 Market size and forecast, by Flavor
8.4.6.3.3 Market size and forecast, by Source
8.4.6.3.4 Market size and forecast, by Distribution Channel
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Type
8.5.3 LAMEA Market size and forecast, by Flavor
8.5.4 LAMEA Market size and forecast, by Source
8.5.5 LAMEA Market size and forecast, by Distribution Channel
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Market size and forecast, by Type
8.5.6.1.2 Market size and forecast, by Flavor
8.5.6.1.3 Market size and forecast, by Source
8.5.6.1.4 Market size and forecast, by Distribution Channel
8.5.6.2 Saudi Arabia
8.5.6.2.1 Market size and forecast, by Type
8.5.6.2.2 Market size and forecast, by Flavor
8.5.6.2.3 Market size and forecast, by Source
8.5.6.2.4 Market size and forecast, by Distribution Channel
8.5.6.3 South Africa
8.5.6.3.1 Market size and forecast, by Type
8.5.6.3.2 Market size and forecast, by Flavor
8.5.6.3.3 Market size and forecast, by Source
8.5.6.3.4 Market size and forecast, by Distribution Channel
8.5.6.4 Turkey
8.5.6.4.1 Market size and forecast, by Type
8.5.6.4.2 Market size and forecast, by Flavor
8.5.6.4.3 Market size and forecast, by Source
8.5.6.4.4 Market size and forecast, by Distribution Channel
8.5.6.5 Rest of LAMEA
8.5.6.5.1 Market size and forecast, by Type
8.5.6.5.2 Market size and forecast, by Flavor
8.5.6.5.3 Market size and forecast, by Source
8.5.6.5.4 Market size and forecast, by Distribution Channel
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Arla Foods Amba
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 britannia industries limited
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Chobani, Llc
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Danone
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 General Mills, Inc.
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Gujarat Cooperative Milk Marketing Federation (Amul)
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Lactalis Corporation
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Nestle S.A.
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Saputo Inc
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Schreiber Foods Inc.
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Yogurt Market, by Type, 2020-2031, ($Million)
Table 2. Yogurt Market Revenue, for Set Yogurt, by Region, 2020-2031, ($Million)
Table 3. Yogurt Market Set Yogurt by Country, 2020-2031, ($Million)
Table 4. Yogurt Market Revenue, for Greek Yogurt, by Region, 2020-2031, ($Million)
Table 5. Yogurt Market Greek Yogurt by Country, 2020-2031, ($Million)
Table 6. Yogurt Market Revenue, for Yogurt Drinks, by Region, 2020-2031, ($Million)
Table 7. Yogurt Market Yogurt Drinks by Country, 2020-2031, ($Million)
Table 8. Yogurt Market Revenue, for Frozen Yogurt, by Region, 2020-2031, ($Million)
Table 9. Yogurt Market Frozen Yogurt by Country, 2020-2031, ($Million)
Table 10. Global Yogurt Market, by Flavor, 2020-2031, ($Million)
Table 11. Yogurt Market Revenue, for Plain, by Region, 2020-2031, ($Million)
Table 12. Yogurt Market Plain by Country, 2020-2031, ($Million)
Table 13. Yogurt Market Revenue, for Flavored, by Region, 2020-2031, ($Million)
Table 14. Yogurt Market Flavored by Country, 2020-2031, ($Million)
Table 15. Global Yogurt Market, by Source, 2020-2031, ($Million)
Table 16. Yogurt Market Revenue, for Dairy Based Yogurt, by Region, 2020-2031, ($Million)
Table 17. Yogurt Market Dairy Based Yogurt by Country, 2020-2031, ($Million)
Table 18. Yogurt Market Revenue, for Non Dairy Based Yogurt, by Region, 2020-2031, ($Million)
Table 19. Yogurt Market Non Dairy Based Yogurt by Country, 2020-2031, ($Million)
Table 20. Global Yogurt Market, by Distribution Channel, 2020-2031, ($Million)
Table 21. Yogurt Market Revenue, for Supermarkets and Hypermarkets, by Region, 2020-2031, ($Million)
Table 22. Yogurt Market Supermarkets and Hypermarkets by Country, 2020-2031, ($Million)
Table 23. Yogurt Market Revenue, for Convenience Stores, by Region, 2020-2031, ($Million)
Table 24. Yogurt Market Convenience Stores by Country, 2020-2031, ($Million)
Table 25. Yogurt Market Revenue, for Specialist Retailers, by Region, 2020-2031, ($Million)
Table 26. Yogurt Market Specialist Retailers by Country, 2020-2031, ($Million)
Table 27. Yogurt Market Revenue, for Online Stores, by Region, 2020-2031, ($Million)
Table 28. Yogurt Market Online Stores by Country, 2020-2031, ($Million)
Table 29. Yogurt Market Revenue, for Others, by Region, 2020-2031, ($Million)
Table 30. Yogurt Market Others by Country, 2020-2031, ($Million)
Table 31. Yogurt Market, by Region, 2020-2031, ($Million)
Table 32. Europe Yogurt Market, by Type, 2020-2031, ($Million)
Table 33. Europe Yogurt Market, by Flavor, 2020-2031, ($Million)
Table 34. Europe Yogurt Market, by Source, 2020-2031, ($Million)
Table 35. Europe Yogurt Market, by Distribution Channel, 2020-2031, ($Million)
Table 36. Europe Yogurt Market, by Country, 2020-2031, ($Million)
Table 37. U.K. Yogurt Market by Type 2020-2031, ($Million)
Table 38. U.K. Yogurt Market by Flavor 2020-2031, ($Million)
Table 39. U.K. Yogurt Market by Source 2020-2031, ($Million)
Table 40. U.K. Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 41. Germany Yogurt Market by Type 2020-2031, ($Million)
Table 42. Germany Yogurt Market by Flavor 2020-2031, ($Million)
Table 43. Germany Yogurt Market by Source 2020-2031, ($Million)
Table 44. Germany Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 45. France Yogurt Market by Type 2020-2031, ($Million)
Table 46. France Yogurt Market by Flavor 2020-2031, ($Million)
Table 47. France Yogurt Market by Source 2020-2031, ($Million)
Table 48. France Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 49. Italy Yogurt Market by Type 2020-2031, ($Million)
Table 50. Italy Yogurt Market by Flavor 2020-2031, ($Million)
Table 51. Italy Yogurt Market by Source 2020-2031, ($Million)
Table 52. Italy Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 53. Spain Yogurt Market by Type 2020-2031, ($Million)
Table 54. Spain Yogurt Market by Flavor 2020-2031, ($Million)
Table 55. Spain Yogurt Market by Source 2020-2031, ($Million)
Table 56. Spain Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 57. Russia Yogurt Market by Type 2020-2031, ($Million)
Table 58. Russia Yogurt Market by Flavor 2020-2031, ($Million)
Table 59. Russia Yogurt Market by Source 2020-2031, ($Million)
Table 60. Russia Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 61. Rest of Europe Yogurt Market by Type 2020-2031, ($Million)
Table 62. Rest of Europe Yogurt Market by Flavor 2020-2031, ($Million)
Table 63. Rest of Europe Yogurt Market by Source 2020-2031, ($Million)
Table 64. Rest of Europe Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 65. Asia-Pacific Yogurt Market, by Type, 2020-2031, ($Million)
Table 66. Asia-Pacific Yogurt Market, by Flavor, 2020-2031, ($Million)
Table 67. Asia-Pacific Yogurt Market, by Source, 2020-2031, ($Million)
Table 68. Asia-Pacific Yogurt Market, by Distribution Channel, 2020-2031, ($Million)
Table 69. Asia-Pacific Yogurt Market, by Country, 2020-2031, ($Million)
Table 70. China Yogurt Market by Type 2020-2031, ($Million)
Table 71. China Yogurt Market by Flavor 2020-2031, ($Million)
Table 72. China Yogurt Market by Source 2020-2031, ($Million)
Table 73. China Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 74. India Yogurt Market by Type 2020-2031, ($Million)
Table 75. India Yogurt Market by Flavor 2020-2031, ($Million)
Table 76. India Yogurt Market by Source 2020-2031, ($Million)
Table 77. India Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 78. Japan Yogurt Market by Type 2020-2031, ($Million)
Table 79. Japan Yogurt Market by Flavor 2020-2031, ($Million)
Table 80. Japan Yogurt Market by Source 2020-2031, ($Million)
Table 81. Japan Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 82. South Korea Yogurt Market by Type 2020-2031, ($Million)
Table 83. South Korea Yogurt Market by Flavor 2020-2031, ($Million)
Table 84. South Korea Yogurt Market by Source 2020-2031, ($Million)
Table 85. South Korea Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 86. Australia Yogurt Market by Type 2020-2031, ($Million)
Table 87. Australia Yogurt Market by Flavor 2020-2031, ($Million)
Table 88. Australia Yogurt Market by Source 2020-2031, ($Million)
Table 89. Australia Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 90. Indonesia Yogurt Market by Type 2020-2031, ($Million)
Table 91. Indonesia Yogurt Market by Flavor 2020-2031, ($Million)
Table 92. Indonesia Yogurt Market by Source 2020-2031, ($Million)
Table 93. Indonesia Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 94. Rest of Asia-Pacific Yogurt Market by Type 2020-2031, ($Million)
Table 95. Rest of Asia-Pacific Yogurt Market by Flavor 2020-2031, ($Million)
Table 96. Rest of Asia-Pacific Yogurt Market by Source 2020-2031, ($Million)
Table 97. Rest of Asia-Pacific Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 98. North America Yogurt Market, by Type, 2020-2031, ($Million)
Table 99. North America Yogurt Market, by Flavor, 2020-2031, ($Million)
Table 100. North America Yogurt Market, by Source, 2020-2031, ($Million)
Table 101. North America Yogurt Market, by Distribution Channel, 2020-2031, ($Million)
Table 102. North America Yogurt Market, by Country, 2020-2031, ($Million)
Table 103. U.S. Yogurt Market by Type 2020-2031, ($Million)
Table 104. U.S. Yogurt Market by Flavor 2020-2031, ($Million)
Table 105. U.S. Yogurt Market by Source 2020-2031, ($Million)
Table 106. U.S. Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 107. Canada Yogurt Market by Type 2020-2031, ($Million)
Table 108. Canada Yogurt Market by Flavor 2020-2031, ($Million)
Table 109. Canada Yogurt Market by Source 2020-2031, ($Million)
Table 110. Canada Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 111. Mexico Yogurt Market by Type 2020-2031, ($Million)
Table 112. Mexico Yogurt Market by Flavor 2020-2031, ($Million)
Table 113. Mexico Yogurt Market by Source 2020-2031, ($Million)
Table 114. Mexico Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 115. LAMEA Yogurt Market, by Type, 2020-2031, ($Million)
Table 116. LAMEA Yogurt Market, by Flavor, 2020-2031, ($Million)
Table 117. LAMEA Yogurt Market, by Source, 2020-2031, ($Million)
Table 118. LAMEA Yogurt Market, by Distribution Channel, 2020-2031, ($Million)
Table 119. LAMEA Yogurt Market, by Country, 2020-2031, ($Million)
Table 120. Brazil Yogurt Market by Type 2020-2031, ($Million)
Table 121. Brazil Yogurt Market by Flavor 2020-2031, ($Million)
Table 122. Brazil Yogurt Market by Source 2020-2031, ($Million)
Table 123. Brazil Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 124. Saudi Arabia Yogurt Market by Type 2020-2031, ($Million)
Table 125. Saudi Arabia Yogurt Market by Flavor 2020-2031, ($Million)
Table 126. Saudi Arabia Yogurt Market by Source 2020-2031, ($Million)
Table 127. Saudi Arabia Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 128. South Africa Yogurt Market by Type 2020-2031, ($Million)
Table 129. South Africa Yogurt Market by Flavor 2020-2031, ($Million)
Table 130. South Africa Yogurt Market by Source 2020-2031, ($Million)
Table 131. South Africa Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 132. Turkey Yogurt Market by Type 2020-2031, ($Million)
Table 133. Turkey Yogurt Market by Flavor 2020-2031, ($Million)
Table 134. Turkey Yogurt Market by Source 2020-2031, ($Million)
Table 135. Turkey Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 136. Rest of LAMEA Yogurt Market by Type 2020-2031, ($Million)
Table 137. Rest of LAMEA Yogurt Market by Flavor 2020-2031, ($Million)
Table 138. Rest of LAMEA Yogurt Market by Source 2020-2031, ($Million)
Table 139. Rest of LAMEA Yogurt Market by Distribution Channel 2020-2031, ($Million)
Table 140. Arla Foods Amba: Company Snapshot
Table 141. Arla Foods Amba: Operating Segments
Table 142. Arla Foods Amba: Product Portfolio
Table 143. Arla Foods Amba: Net Sales
Table 144. Arla Foods Amba: Key Stratergies
Table 145. Britannia Industries Limited: Company Snapshot
Table 146. Britannia Industries Limited: Operating Segments
Table 147. Britannia Industries Limited: Product Portfolio
Table 148. Britannia Industries Limited: Net Sales
Table 149. Britannia Industries Limited: Key Stratergies
Table 150. Chobani, LLC: Company Snapshot
Table 151. Chobani, LLC: Operating Segments
Table 152. Chobani, LLC: Product Portfolio
Table 153. Chobani, LLC: Net Sales
Table 154. Chobani, LLC: Key Stratergies
Table 155. Danone: Company Snapshot
Table 156. Danone: Operating Segments
Table 157. Danone: Product Portfolio
Table 158. Danone: Net Sales
Table 159. Danone: Key Stratergies
Table 160. General Mills, Inc.: Company Snapshot
Table 161. General Mills, Inc.: Operating Segments
Table 162. General Mills, Inc.: Product Portfolio
Table 163. General Mills, Inc.: Net Sales
Table 164. General Mills, Inc.: Key Stratergies
Table 165. Gujarat Cooperative Milk Marketing Federation (Amul): Company Snapshot
Table 166. Gujarat Cooperative Milk Marketing Federation (Amul): Operating Segments
Table 167. Gujarat Cooperative Milk Marketing Federation (Amul): Product Portfolio
Table 168. Gujarat Cooperative Milk Marketing Federation (Amul): Net Sales
Table 169. Gujarat Cooperative Milk Marketing Federation (Amul): Key Stratergies
Table 170. Lactalis Corporation: Company Snapshot
Table 171. Lactalis Corporation: Operating Segments
Table 172. Lactalis Corporation: Product Portfolio
Table 173. Lactalis Corporation: Net Sales
Table 174. Lactalis Corporation: Key Stratergies
Table 175. Nestle S.A.: Company Snapshot
Table 176. Nestle S.A.: Operating Segments
Table 177. Nestle S.A.: Product Portfolio
Table 178. Nestle S.A.: Net Sales
Table 179. Nestle S.A.: Key Stratergies
Table 180. Saputo Inc: Company Snapshot
Table 181. Saputo Inc: Operating Segments
Table 182. Saputo Inc: Product Portfolio
Table 183. Saputo Inc: Net Sales
Table 184. Saputo Inc: Key Stratergies
Table 185. Schreiber Foods Inc.: Company Snapshot
Table 186. Schreiber Foods Inc.: Operating Segments
Table 187. Schreiber Foods Inc.: Product Portfolio
Table 188. Schreiber Foods Inc.: Net Sales
Table 189. Schreiber Foods Inc.: Key Stratergies
LIST OF FIGURES
Figure 1. Yogurt Market Segmentation
Figure 2. Yogurt Market, 2020-2031
Figure 3. Yogurt Market, 2020-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Yogurt Market:Drivers, Restraints and Opportunities
Figure 11. Yogurt Market, by Type, 2020 (%)
Figure 12. Comparative Share Analysis of Set Yogurt Yogurt Market, 2020-2031 (%)
Figure 13. Comparative Share Analysis of Greek Yogurt Yogurt Market, 2020-2031 (%)
Figure 14. Comparative Share Analysis of Yogurt Drinks Yogurt Market, 2020-2031 (%)
Figure 15. Comparative Share Analysis of Frozen Yogurt Yogurt Market, 2020-2031 (%)
Figure 16. Yogurt Market, by Flavor, 2020 (%)
Figure 17. Comparative Share Analysis of Plain Yogurt Market, 2020-2031 (%)
Figure 18. Comparative Share Analysis of Flavored Yogurt Market, 2020-2031 (%)
Figure 19. Yogurt Market, by Source, 2020 (%)
Figure 20. Comparative Share Analysis of Dairy Based Yogurt Yogurt Market, 2020-2031 (%)
Figure 21. Comparative Share Analysis of Non Dairy Based Yogurt Yogurt Market, 2020-2031 (%)
Figure 22. Yogurt Market, by Distribution Channel, 2020 (%)
Figure 23. Comparative Share Analysis of Supermarkets and Hypermarkets Yogurt Market, 2020-2031 (%)
Figure 24. Comparative Share Analysis of Convenience Stores Yogurt Market, 2020-2031 (%)
Figure 25. Comparative Share Analysis of Specialist Retailers Yogurt Market, 2020-2031 (%)
Figure 26. Comparative Share Analysis of Online Stores Yogurt Market, 2020-2031 (%)
Figure 27. Comparative Share Analysis of Others Yogurt Market, 2020-2031 (%)
Figure 28. Yogurt Market by Region, 2020
Figure 29. U.K. Yogurt Market, 2020-2031 ($Million)
Figure 30. Germany Yogurt Market, 2020-2031 ($Million)
Figure 31. France Yogurt Market, 2020-2031 ($Million)
Figure 32. Italy Yogurt Market, 2020-2031 ($Million)
Figure 33. Spain Yogurt Market, 2020-2031 ($Million)
Figure 34. Russia Yogurt Market, 2020-2031 ($Million)
Figure 35. Rest of Europe Yogurt Market, 2020-2031 ($Million)
Figure 36. China Yogurt Market, 2020-2031 ($Million)
Figure 37. India Yogurt Market, 2020-2031 ($Million)
Figure 38. Japan Yogurt Market, 2020-2031 ($Million)
Figure 39. South Korea Yogurt Market, 2020-2031 ($Million)
Figure 40. Australia Yogurt Market, 2020-2031 ($Million)
Figure 41. Indonesia Yogurt Market, 2020-2031 ($Million)
Figure 42. Rest of Asia-Pacific Yogurt Market, 2020-2031 ($Million)
Figure 43. U.S. Yogurt Market, 2020-2031 ($Million)
Figure 44. Canada Yogurt Market, 2020-2031 ($Million)
Figure 45. Mexico Yogurt Market, 2020-2031 ($Million)
Figure 46. Brazil Yogurt Market, 2020-2031 ($Million)
Figure 47. Saudi Arabia Yogurt Market, 2020-2031 ($Million)
Figure 48. South Africa Yogurt Market, 2020-2031 ($Million)
Figure 49. Turkey Yogurt Market, 2020-2031 ($Million)
Figure 50. Rest of LAMEA Yogurt Market, 2020-2031 ($Million)
Figure 51. Top Winning Strategies, by Year
Figure 52. Top Winning Strategies, by Development
Figure 53. Top Winning Strategies, by Company
Figure 54. Product Mapping of Top 10 Players
Figure 55. Competitive Dashboard
Figure 56. Competitive Heatmap of Top 10 Key Players
Figure 57. Arla Foods Amba.: Net Sales, ($Million)
Figure 58. Britannia Industries Limited.: Net Sales, ($Million)
Figure 59. Chobani, LLC.: Net Sales, ($Million)
Figure 60. Danone.: Net Sales, ($Million)
Figure 61. General Mills, Inc. Net Sales, ($Million)
Figure 62. Gujarat Cooperative Milk Marketing Federation (Amul).: Net Sales, ($Million)
Figure 63. Lactalis Corporation.: Net Sales, ($Million)
Figure 64. Nestle SA.: Net Sales, ($Million)
Figure 65. Saputo Inc.: Net Sales, ($Million)
Figure 66. Schreiber Foods Inc. Net Sales, ($Million)

Executive Summary

According to this report titled, 'Yogurt Market,' the yogurt market was valued at $97,999.50 million in 2020, and is estimated to reach $171.8 Billion by 2031, growing at a CAGR of 5.5% from 2022 to 2031.

Yogurt is healthy, versatile, and convenient food option with a characteristic richness and pleasant taste. It contains healthy bacteria that is beneficial for the gut. Thus, it acts as a good probiotic facilitating weight management, digestion, and absorption of vitamins & minerals. Yogurt is available in different forms, flavors, 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 size are health benefits associated with consuming yogurt and rise in health-conscious people in different regions for losing weight. The additional facts that support the growth of the market are growth in retail market and 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 limit people from consuming yogurt, restricting the market growth. Rise in demand for yogurt in developing nations, owing to increase in disposable income and health awareness is expected to provide numerous opportunities for expansion of the global yogurt market.

Outbreak of COVID-19 positively impacted growth of the yogurt market in 2020. Snackification of the yogurt, rise in popularity for nutritional & immune boosting food, and increase in trend of eating food at home attributed to increased sales in 2020.

The yogurt market is segmented on the basis of type, flavor, source, distribution channel, and region. Depending on type, it is categorized into set yogurt, greek yogurt, yogurt drinks, and frozen yogurt. According to flavor, it is bifurcated into plain and flavored. By source it is classified into dairy-based and non-dairy-based. As per distribution channel, it is fragmented into supermarkets/hypermarkets, independent retailers, specialist retailers, convenience stores, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia, and rest of the Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, and rest of the Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Turkey, and rest of the LAMEA).

On the basis of type, the yogurt drinks segment was the significant contributor to the market share, with $32,501.9 million in 2020, and is estimated to reach $62,216.1 million by 2031, at a CAGR of 6.4% during the forecast period. Yogurt is consumed in many forms such as beverage, snacks, meal replacement, dessert, and protein-rich sports drink. In 2020, the yogurt drinks segment 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, owing to the probiotic nature and omega-3 benefits offered by drinking yogurt.

According to the flavor, the flavored segment was the significant contributor to the yogurt market share, and is estimated to reach $55,127.7 million by 2031, at a CAGR of 6.3% during the forecast period. Flavored yogurt is made up of flavors, fermented milk, and viable bacteria, which creates a thickened product and have extended shelf life. Flavored yogurt can be consumed through various forms, including drinkable and frozen. Strawberry flavored and strawberry blended yogurt is the most preferred choice of flavored yogurt among consumers, due to fresh color, characteristic sweet taste, and smooth texture.

According to the yogurt market trends, on the basis of source, the non-dairy-based segment was the highest contributor to the market, and is expected sustain its contribution throughout the yogurt market forecast period. Growth in vegan population and increase in popularity of plant-based products among consumers are major factors driving the global yogurt market growth through non-dairy-based segment. In addition, increase in adoption of healthy lifestyle and growth in preference for vegetarian diet, owing to rise in health-consciousness support the growth of the market.

According to the yogurt market analysis, by distribution channel, the hypermarkets/supermarkets segment was the highest contributor to the market, with $37,328.2 million in 2020, and is estimated to reach $59,586.9 million by 2031, at a CAGR of 4.6% during the forecast period. 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, which lets customers pick their choice.

According to the yogurt market opportunities, by region wise, Europe dominated the yogurt market and is expected to sustain its dominance during the forecast. This is attributed to significant growth in demand for plant-based food products, including yogurt and demand for immunity boosting products. Consumers increase their expenditure on plant-based products as a result of increased prevalence of disorders including milk allergies among the common mass in Europe. Furthermore, frequent product launches in the category of plant-based food products are likely to boost the demand non dairy-based yogurt. Thus, increasing demand for plant based milk food products in Europe is likely boost the growth of the Europe yogurt market.

Players operating in the yogurt industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Arla Foods Amba, Britannia Industries Limited, Chobani, Llc, Danone, General Mills, Gujarat Cooperative Milk Marketing Federation (Amul), Lactalis Corporation, Nestle S.A., Saputo Inc., and Schreiber Foods Inc.

KEY FINDINGS OF THE STUDY

The yogurt market size was valued at $97,999.5 million in 2020, and is estimated to reach $171,826.1 million by 2031, registering a CAGR of 5.5% from 2022 to 2031.
In 2020, depending on type, the set yogurt segment acquired32,496.3 million, garnering 28.9% of the global market share.

In 2020, on the basis of flavor, the plain segment acquired70,064.6 million, exhibiting 71.5% of the global market share.

By source, the dairy-based segment growing at CAGR of 5.4% during the forecast period.

In 2020, depending on distribution channel, the online stores segment acquired20,315.7 million, garnering 20.7% of the global market share.

U.S. was the most prominent market in North America in 2020, and is projected to reach $24,093.5 million by 2031, growing at a CAGR of 5.4% during the forecast period.

Companies Mentioned

  • Arla Foods Amba
  • britannia industries limited
  • Chobani, Llc
  • Danone
  • General Mills, Inc.
  • Gujarat Cooperative Milk Marketing Federation (Amul)
  • Lactalis Corporation
  • Nestle S.A.
  • Saputo Inc
  • Schreiber Foods Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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