This statistic shows the retail sales share of yogurt in the United States in 2016, by category. According to the report, Greek-yogurt accounted for approximately 48 percent of yogurt retail sales in the U.S. that year.
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The global Greek yogurt market is expected to reach a market size of US$ 7,851.8 million in 2023 and is projected to rise at a CAGR of 7.1% to reach US$ 14,991.9 million by 2033. Earlier, from 2018 to 2022, this market expanded at a CAGR of 6.6%.
Report Attribute | Details |
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Greek Yogurt Market Historical Growth Rate (2018 to 2022) | 6.6% |
Greek Yogurt Market Value (2023) | US$ 7,851.8 million |
Greek Yogurt Market Anticipated Forecast Value (2033) | US$ 14,991.9 million |
Greek Yogurt Market Projected Growth Rate (2023 to 2033) | 7.1% |
Report Scope
Report Attribute | Details |
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Growth Rate | CAGR of 7.1% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ million, Volume in Kilotons, and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
The statistic shows sales growth of yogurt manufacturer Chobani in the United States as 2019 and 2023. The company's sales grew by nine percent in 2023. Chobani - additional informationChobani is a limited liability food company which manufactures, markets and distributes Greek yogurt in the United States. The company was founded by Hamdi Ulukaya in New York in 2005. Since 2007, the company has been committed to producing food the right way—by using non-GMO ingredients, real fruit and natural sweeteners, sourcing milk from regional farms, and implementing sustainability practices.Chobani Greek yogurt has over fifty flavors which both children and adults can enjoy. Chobani’s extensive product portfolio includes Fruit on the Bottom, Chobani Flip™, Chobani® Mighty Oats and Ancient Grains, Chobani Indulgent™ and Chobani Kids®, to name a few. Moreover, Chobani Simply 100® Greek is the only naturally sweetened 100-calorie Greek yogurt brand which is distributed in the country.The U.S. yogurt market has experienced a steady growth over the past five years. Nationwide yogurt sales amounted to approximately 7.7 billion U.S. dollars in 2015, up from 6.2 billion U.S. dollars in 2011. U.S. sales of Greek yogurt grew by 162 percent from 2009 to 2010. In 2016, U.S. retailers generated over 50 percent ofGreek yogurt retail sales. During the first half of 2017, Greek yogurt accounted for over a third of U.S. yogurt volume sales.
This statistic shows the yogurt volume sales in the United States from 2014 to 2018. In 2016, U.S. yogurt volume sales amounted to approximately 3.37 billion pints.
Yogurt
Yogurt is produced by fermenting milk with bacteria (yogurt cultures). There are many varieties of this dairy product and people from all over the world eat yogurt in different ways. Flavored yogurt, for instance, is one of Poland’s favorite snacks. Plain yogurt, on the other hand, is consumed as part of a warm meal in Turkey. In the United States, many people eat yogurt with fruit for breakfast, and frozen yogurt for dessert. During the past five years, more than three billion pints of yogurt were sold annually across the U.S. Between 2014 and 2015, supermarkets nationwide generated roughly 5.21 billion U.S. dollars in yogurt sales. A pint of yogurt cost around 2.22 U.S. dollars. Moreover, low fat yogurt accounted for nearly half of the country’s yogurt retail volume sales during this period. U.S. consumers had demonstrated a growing preference for Greek yogurt. In 2013, sales of Greek yogurt amounted to approximately 2.6 billion U.S. dollars, up from merely 391 million U.S. dollars in 2010. Chobani and Danone were the leading Greek yogurt manufacturers during this period. During the first quarter of 2014, Chobani spent more than 30 million U.S. dollars on television advertisements. Danone, on the other hand, paid nearly 15 million U.S. dollars for its Oikos TV ads.
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The global on-the-go yoghurt market is projected to be appraised at US$ 82,702.4 million by 2032, up from US$ 50,428.3 million in 2022, advancing at a CAGR of 6.4% from 2022 to 2032.
Report Attribute | Details |
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On-The-Go Yoghurt Market Value (2022) | US$ 50,428.3 Million |
On-The-Go Yoghurt Market Anticipated Forecast Value (2032) | US$ 82,702.4 million |
On-The-Go Yoghurt Market Projected Growth Rate (2022-2032) | 6.4% |
Report Scope
Report Attribute | Details |
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Growth Rate | CAGR of 6.4% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
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This statistic shows the retail sales share of yogurt in the United States in 2016, by category. According to the report, Greek-yogurt accounted for approximately 48 percent of yogurt retail sales in the U.S. that year.