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The Australia flavoured yoghurt market size was valued at USD 207.95 Million in 2024. The market is further projected to grow at a CAGR of 4.70% between 2025 and 2034, reaching a value of USD 329.17 Million by 2034.
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Australia Yogurt Market was valued at USD 1.54 Billion in 2024 and is anticipated to grow USD 2.07 Billion by 2030 with a CAGR of 5.05%.
Pages | 85 |
Market Size | 2024: USD 1.54 Billion |
Forecast Market Size | 2030: USD 2.07 Billion |
CAGR | 2025-2030: 5.05% |
Fastest Growing Segment | Online |
Largest Market | Australia Capital Territory & New South Wales |
Key Players | 1. Woolworths Group Limited 2. Chobani Pty Ltd. 3. Danone Murray Goulburn Pty Ltd. 4. Bega Dairy and Drinks Pty Ltd. 5. Queensland Yoghurt Company 6. Lactalis Australia Pty Ltd 7. Fonterra Co-operative Group Limited 8. Saputo Dairy Australia Pty Ltd. 9. Bega Cheese Limited 10. Meiji Dairy Australasia Pty. Ltd. |
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The Asia-Pacific Yogurt Market is segmented by Product Type (Flavored Yogurt, Unflavored Yogurt), by Distribution Channel (Off-Trade, On-Trade) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, South Korea). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.
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Fruit Yogurt Market Size 2024-2028
The fruit yogurt market size is forecast to increase by USD 14.53 billion, at a CAGR of 8.09% between 2023 and 2028. The growth of the market is influenced by several key factors. The rising launch of fruit dairy products captures consumer interest with new and diverse offerings, enhancing market appeal. The health benefits of dairy products, including their nutritional value and role in a balanced diet, drive continued consumer demand. Additionally, growing investment in product innovation fuels market expansion by introducing advanced formulations and new flavors that cater to evolving consumer preferences. These elements collectively support market growth, as companies focus on delivering health-conscious, innovative products that meet consumer needs and preferences in the dynamic dairy sector.
What will be the Size of the Market During the Forecast Period?
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Market Segment Overview
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in 'USD Billion' for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
Distribution Channel Outlook
Supermarkets/Hypermarkets
Convenience stores
Online
Others
Product Outlook
Spoonable yogurt
Drinkable yogurt
Region Outlook
North America
The U.S.
Canada
Europe
U.K.
Germany
France
Rest of Europe
APAC
China
India
Middle East & Africa
Saudi Arabia
South Africa
Rest of the Middle East & Africa
South America
Argentina
Brazil
Chile
What are the Fastest-Growing Segments in the Market?
The market share growth by the supermarkets/hypermarkets segment will be significant during the forecast period. Supermarkets and hypermarkets are the most popular distribution channels for fruit yogurt. The demand for these distribution channels is attributed to factors such as the demand for the organized retail sector in developed and developing economies. The demand of the retail industry and the establishment of numerous retail outlets are driving sales in this segment. These outlets offer consumers a wide range of fruit-floured dairy products to choose from under a single roof.
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The supermarkets/hypermarkets segment was valued at USD 11.44 billion in 2018. Factors such as discounted prices, enhanced shopping experience, ambient store atmosphere, and shelf displays encourage consumers to buy fruit and dairy products from supermarkets and hypermarkets. The number of supermarkets is increasing in the US, the UK, and Brazil, and this trend is expected to continue during the forecast period. In developing countries, the convenience offered by supermarket and hypermarket retail formats has increased the number of these stores. Such developments are expected to drive the growth of the segment during the forecast period.
Which are the Key Regions for the Market?
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APAC is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market caters to various consumer preferences, including those who are lactose intolerant or follow vegan diets. Alternative milk options, such as Soy milk, Rice milk, Almond milk, and Coconut milk, are increasingly being used as bases for vegan yogurt. Western food trends have led to the popularity of drinkable yogurts and yogurt drinks, available in flavors like Strawberry Blend, Vanilla, and Plain, as well as Peach. Convenience stores, specialty stores, and online platforms offer a wide range of these products to cater to the growing demand. Set yogurt continues to be a staple, but the convenience and variety of yogurt drinks are gaining popularity. Consumers can now easily access their preferred yogurt types, whether dairy-based or plant-based, in various formats.
Market Dynamics
The market is a thriving industry, driven by consumer indulgence and the desire for healthier food options. Fruit yogurt, a coagulated dairy product infused with fruit flavors, caters to various consumer preferences, including veganism and digestive disorders. The market offers a wide range of options, from classic flavors like Strawberry Blend, Vanilla, and Plain, to exotic Peach and Greek Yogurt variants. Health-conscious consumers are increasingly opting for organic fruit yogurts, ensuring a clean label and natural ingredients. The retail space for fruit yogurt is diverse, with convenience stores, specialty stores, and online platforms catering to different c
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 10.12(USD Billion) |
MARKET SIZE 2024 | 10.45(USD Billion) |
MARKET SIZE 2032 | 13.5(USD Billion) |
SEGMENTS COVERED | Type ,Flavor ,Packaging ,Sales Channel ,Application ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | 1 Rise in health consciousness 2 Increased demand for convenience 3 Growing popularity of plantbased diets 4 Innovation in flavors and formats 5 Expansion in emerging markets |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Lactalis Group ,Yili Group ,Dean Foods ,Danone ,Arla Foods amba ,The CocaCola Company ,General Mills, Inc. ,Hampton Creek, Inc. ,Lifeway Foods, Inc. ,Nestlé ,Chobani, LLC ,Meiji Co., Ltd. ,Yakult Honsha Co., Ltd. ,Fonterra Cooperative Group Limited |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Surge in health consciousness Rising disposable incomes Growing adoption of lowtemperature processing Increased demand for convenient and nutritious food options Expansion into emerging markets |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.26% (2025 - 2032) |
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The Australia flavoured yoghurt market size was valued at USD 207.95 Million in 2024. The market is further projected to grow at a CAGR of 4.70% between 2025 and 2034, reaching a value of USD 329.17 Million by 2034.