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The global yogurt market was valued at USD 109.3 billion in 2022 and grew at a CAGR of 5.7% from 2023 to 2032. The market is expected to reach USD 190.4 billion by 2032. Pasteurized milk is homogenized and fermented to create yogurt, a soured dairy product that is frequently sweetened or flavored. It is consumed in a variety of ways, such as drinks, snacks, desserts, substitutes for meals, and sports drinks that are high in protein. Healthy digestion, a reduced chance of developing type 2 diabetes, protection against colon cancer, the prevention and treatment of osteoporosis, increased weight loss and fat loss, an improved immune system, and a reduction in high blood pressure and bad cholesterol are just a few of the health advantages of yogurt used.
Due to increased yogurt consumption throughout the world, the size of the global yogurt market is expected to increase significantly over the forecast period. To adapt to shifting customer tastes, industry participants have lately concentrated more on testing and creating a wide range of yogurt products. Organic, free of additives that cause allergies, and dairy-free yogurt products are becoming more and more popular with customers.
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The importance of health and well-being to customers is rising across all segments. Because of the abundance of protein, probiotics, and calcium content, yogurt is regarded as a healthful dietary choice. Yogurt is becoming more popular as a nutritious snack or breakfast alternative as consumers actively seek out better food options. Additionally, living bacteria and yeasts known as probiotics are advantageous for gut health. Yogurt is an excellent source of probiotics, which help maintain a healthy balance of intestinal bacteria, strengthen the immune system, and help digestion. The market for yogurt products has increased as people are becoming more aware of the health advantages of probiotics.
Yogurt is a highly competitive industry with several well-known brands and a steady stream of new competitors. Manufacturers are under pressure from this fierce competition to distinguish their goods and spend money on marketing in order to hold or increase market share. Price wars, narrowed business margins, and higher marketing costs are all consequences of competition.
Yogurt producers have a lot of development potential in emerging countries, particularly in Asia-Pacific, South America, and the Middle East. The demand for yogurt products in these areas is being driven by factors such as increased disposable incomes, increasing urbanization, and shifting dietary habits. By adding regional tastes, conforming to social preferences, and creating reasonably priced product versions, manufacturers may access these markets.
Asia Pacific led the market in 2022 with the largest market share of 41.6%. The region with the largest market share in yogurt is Asia-Pacific, which is predicted to keep its position during the projected period. The Asia-Pacific yogurt industry is anticipated to develop at a faster rate during the projected period owing to the rise in demand for probiotic products and their capacity to improve immune function, digestion, and metabolism. Yogurt is also eaten as a dessert and is available in a variety of flavors, including fruity yogurt, natural yogurt, and liquid yogurt. The market's expansion in Asia-Pacific has been encouraged by the popularity of yogurt with fruit flavors.
Asia Pacific Region Yogurt Market Share in 2022 - 41.6%
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The plain segment dominated the global market in 2022 with a market share of 64.8%. Because it frequently has less added sugar and artificial additives than flavored types, plain yogurt is sometimes seen as a healthier alternative. It is naturally high in probiotics, calcium, and protein, all of which are good for gut health and digestion. The demand for plain yogurt as a healthy food option is anticipated to rise as people become more health conscious.
The set yogurt segment held a significant market share of 51.8% in 2022. The worldwide yogurt market was led by the set yogurt segment. Set yogurt maintains its creamy and silky texture while being harder than other yogurts because it is allowed to be set in the pot. Milk from cows or goats, live and active bacterial cultures for the process of fermentation, and various fruits and tastes to improve the flavor are the main ingredients used to make yogurt. The set yogurt industry grows due to the simple availability of raw materials, increased knowledge of wholesome foods, and a surge in the number of young people who care about their health.
The dairy-based yogurt segment held a significant market share of 81.3% in 2022. The dairy-based category is well-liked in the overall yogurt market and is anticipated to keep growing during the projected period. This is mostly due to the popularity of dairy-based food items and their affordability as compared to non-dairy food items. Additionally, the expansion of the market is aided by the increase in the production of animal milk, which is a key component of yogurt.
The supermarkets/hypermarkets segment dominated the global market in 2022 with a market share of 61.5%. Supermarkets and hypermarkets are quite popular due to an improved standard of life brought on by a significant rise in disposable income and the impact of Western culture. During the projected period, it is anticipated that the share of yogurt and yogurt-fortified product brands in supermarkets and hypermarkets would increase significantly. However, because there are so many different brands accessible under one roof, shoppers have an easier time choosing items.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 109.3 Billion |
| Market size value in 2032 | USD 190.4 Billion |
| CAGR (2023 to 2032) | 5.7% |
| Historical data | 2019-2021 |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
| Segments | Flavor, Type, Source, Distribution Channel |
As per The Brainy Insights, the size of the yogurt market was valued at USD 109.3 billion in 2022 to USD 190.4 billion by 2032.
The global yogurt market is growing at a CAGR of 5.7% during the forecast period 2023-2032.
The Asia Pacific region emerged as the largest market for the yogurt.
The rising importance of health and well-being to customers will influence the market's growth.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Flavor
4.3.2. Market Attractiveness Analysis by Type
4.3.3. Market Attractiveness Analysis by Source
4.3.4. Market Attractiveness Analysis by Distribution Channel
4.3.5. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising importance of health and well-being to customers
5.3. Restraints
5.3.1. High competition
5.4. Opportunities
5.4.1. Rise in demand from developing countries
6. Global Yogurt Market Analysis and Forecast, By Flavor
6.1. Segment Overview
6.2. Flavored
6.3. Plain
7. Global Yogurt Market Analysis and Forecast, By Type
7.1. Segment Overview
7.2. Frozen Yogurt
7.3. Greek Yogurt
7.4. Set Yogurt
7.5. Others
8. Global Yogurt Market Analysis and Forecast, By Source
8.1. Segment Overview
8.2. Non-Dairy Based
8.3. Dairy-Based
9. Global Yogurt Market Analysis and Forecast, By Distribution Channel
9.1. Segment Overview
9.2. Supermarkets/Hypermarkets
9.3. Convenience Stores
9.4. Specialty Stores
9.5. Online
9.6. Others
10. Global Yogurt Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Yogurt Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in the Yogurt Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. Arla Foods
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. DSM
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Amul
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. CoolBrands International
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Parmalat S.p.A
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Dean Foods
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Juhayna Food Industries
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Chobani LLC.
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Nestle
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Danone (Yakult)
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. Britannia Industries Ltd.
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12. FrieslandCampina
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Product Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
List of Table
1. Global Yogurt Market, By Flavor, 2019-2032 (USD Billion)
2. Global Flavored, Yogurt Market, By Region, 2019-2032 (USD Billion)
3. Global Plain, Yogurt Market, By Region, 2019-2032 (USD Billion)
4. Global Yogurt Market, By Type, 2019-2032 (USD Billion)
5. Global Frozen Yogurt, Yogurt Market, By Region, 2019-2032 (USD Billion)
6. Global Greek Yogurt, Yogurt Market, By Region, 2019-2032 (USD Billion)
7. Global Set Yogurt, Yogurt Market, By Region, 2019-2032 (USD Billion)
8. Global Others, Yogurt Market, By Region, 2019-2032 (USD Billion)
9. Global Yogurt Market, By Source, 2019-2032 (USD Billion)
10. Global Non-Dairy Based, Yogurt Market, By Region, 2019-2032 (USD Billion)
11. Global Dairy-Based, Yogurt Market, By Region, 2019-2032 (USD Billion)
12. Global Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
13. Global Supermarkets/Hypermarkets, Yogurt Market, By Region, 2019-2032 (USD Billion)
14. Global Convenience Stores, Yogurt Market, By Region, 2019-2032 (USD Billion)
15. Global Specialty Stores, Yogurt Market, By Region, 2019-2032 (USD Billion)
16. Global Online, Yogurt Market, By Region, 2019-2032 (USD Billion)
17. Global Others, Yogurt Market, By Region, 2019-2032 (USD Billion)
18. Global Yogurt Market, By Region, 2019-2032 (USD Billion)
19. North America Yogurt Market, By Flavor, 2019-2032 (USD Billion)
20. North America Yogurt Market, By Type, 2019-2032 (USD Billion)
21. North America Yogurt Market, By Source, 2019-2032 (USD Billion)
22. North America Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
23. U.S. Yogurt Market, By Flavor, 2019-2032 (USD Billion)
24. U.S. Yogurt Market, By Type, 2019-2032 (USD Billion)
25. U.S. Yogurt Market, By Source, 2019-2032 (USD Billion)
26. U.S. Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
27. Canada Yogurt Market, By Flavor, 2019-2032 (USD Billion)
28. Canada Yogurt Market, By Type, 2019-2032 (USD Billion)
29. Canada Yogurt Market, By Source, 2019-2032 (USD Billion)
30. Canada Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
31. Mexico Yogurt Market, By Flavor, 2019-2032 (USD Billion)
32. Mexico Yogurt Market, By Type, 2019-2032 (USD Billion)
33. Mexico Yogurt Market, By Source, 2019-2032 (USD Billion)
34. Mexico Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
35. Europe Yogurt Market, By Flavor, 2019-2032 (USD Billion)
36. Europe Yogurt Market, By Type, 2019-2032 (USD Billion)
37. Europe Yogurt Market, By Source, 2019-2032 (USD Billion)
38. Europe Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
39. Germany Yogurt Market, By Flavor, 2019-2032 (USD Billion)
40. Germany Yogurt Market, By Type, 2019-2032 (USD Billion)
41. Germany Yogurt Market, By Source, 2019-2032 (USD Billion)
42. Germany Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
43. France Yogurt Market, By Flavor, 2019-2032 (USD Billion)
44. France Yogurt Market, By Type, 2019-2032 (USD Billion)
45. France Yogurt Market, By Source, 2019-2032 (USD Billion)
46. France Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
47. U.K. Yogurt Market, By Flavor, 2019-2032 (USD Billion)
48. U.K. Yogurt Market, By Type, 2019-2032 (USD Billion)
49. U.K. Yogurt Market, By Source, 2019-2032 (USD Billion)
50. U.K. Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
51. Italy Yogurt Market, By Flavor, 2019-2032 (USD Billion)
52. Italy Yogurt Market, By Type, 2019-2032 (USD Billion)
53. Italy Yogurt Market, By Source, 2019-2032 (USD Billion)
54. Italy Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
55. Spain Yogurt Market, By Flavor, 2019-2032 (USD Billion)
56. Spain Yogurt Market, By Type, 2019-2032 (USD Billion)
57. Spain Yogurt Market, By Source, 2019-2032 (USD Billion)
58. Spain Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
59. Asia Pacific Yogurt Market, By Flavor, 2019-2032 (USD Billion)
60. Asia Pacific Yogurt Market, By Type, 2019-2032 (USD Billion)
61. Asia Pacific Yogurt Market, By Source, 2019-2032 (USD Billion)
62. Asia Pacific Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
63. Japan Yogurt Market, By Flavor, 2019-2032 (USD Billion)
64. Japan Yogurt Market, By Type, 2019-2032 (USD Billion)
65. Japan Yogurt Market, By Source, 2019-2032 (USD Billion)
66. Japan Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
67. China Yogurt Market, By Flavor, 2019-2032 (USD Billion)
68. China Yogurt Market, By Type, 2019-2032 (USD Billion)
69. China Yogurt Market, By Source, 2019-2032 (USD Billion)
70. China Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
71. India Yogurt Market, By Flavor, 2019-2032 (USD Billion)
72. India Yogurt Market, By Type, 2019-2032 (USD Billion)
73. India Yogurt Market, By Source, 2019-2032 (USD Billion)
74. India Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
75. South America Yogurt Market, By Flavor, 2019-2032 (USD Billion)
76. South America Yogurt Market, By Type, 2019-2032 (USD Billion)
77. South America Yogurt Market, By Source, 2019-2032 (USD Billion)
78. South America Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
79. Brazil Yogurt Market, By Flavor, 2019-2032 (USD Billion)
80. Brazil Yogurt Market, By Type, 2019-2032 (USD Billion)
81. Brazil Yogurt Market, By Source, 2019-2032 (USD Billion)
82. Brazil Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
83. Middle East and Africa Yogurt Market, By Flavor, 2019-2032 (USD Billion)
84. Middle East and Africa Yogurt Market, By Type, 2019-2032 (USD Billion)
85. Middle East and Africa Yogurt Market, By Source, 2019-2032 (USD Billion)
86. Middle East and Africa Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
87. UAE Yogurt Market, By Flavor, 2019-2032 (USD Billion)
88. UAE Yogurt Market, By Type, 2019-2032 (USD Billion)
89. UAE Yogurt Market, By Source, 2019-2032 (USD Billion)
90. UAE Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
91. South Africa Yogurt Market, By Flavor, 2019-2032 (USD Billion)
92. South Africa Yogurt Market, By Type, 2019-2032 (USD Billion)
93. South Africa Yogurt Market, By Source, 2019-2032 (USD Billion)
94. South Africa Yogurt Market, By Distribution Channel, 2019-2032 (USD Billion)
List of Figures
1. Global Yogurt Market Segmentation
2. Yogurt Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Yogurt Market Attractiveness Analysis by Flavor
9. Global Yogurt Market Attractiveness Analysis by Type
10. Global Yogurt Market Attractiveness Analysis by Source
11. Global Yogurt Market Attractiveness Analysis by Distribution Channel
12. Global Yogurt Market Attractiveness Analysis by Region
13. Global Yogurt Market: Dynamics
14. Global Yogurt Market Share by Flavor (2022 & 2032)
15. Global Yogurt Market Share by Type (2022 & 2032)
16. Global Yogurt Market Share by Source (2022 & 2032)
17. Global Yogurt Market Share by Distribution Channel (2022 & 2032)
18. Global Yogurt Market Share by Regions (2022 & 2032)
19. Global Yogurt Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global yogurt market based on below-mentioned segments:
Global Yogurt Market by Flavor:
Global Yogurt Market by Type:
Global Yogurt Market by Source:
Global Yogurt Market by Distribution Channel:
Global Yogurt Market by Region:
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