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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 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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The report covers Frozen Yogurt Distributor in APAC and is Segmented by Type (Dairy-based, Non-dairy-based), Distribution channel (Convenience Stores, Specialty Stores, Supermarket/Hypermarkets, Online Retailers, Other Distribution Channel), and Country.
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TwitterUSD 700.74 Million in 2024; projected USD 1422.42 Million by 2033; CAGR 8.16%.
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Industry operators primarily manufacture yoghurt and yoghurt drinks. The industry excludes frozen yoghurt products.
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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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TwitterUSD 27.63 Million in 2024; projected USD 88.43 Million by 2033; CAGR 13.81%.
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In Australia Yogurt Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,
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In 2024, the yoghurt and fermented milk market in Australia and Oceania decreased by -4.9% to $3.6B for the first time since 2020, thus ending a three-year rising trend. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $3.8B in 2023, and then fell in the following year.
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The Asia-Pacific Drinkable Yogurt Market Report is Segmented by Source (Dairy-Based, Non-Dairy Based), Flavor (Flavored, Un-Flavored), Packaging Type (Bottles, Cartons, Pouches, Single-Serve Cups), Distribution Channel (On-Trade, Off-Trade), and Geography (China, India, Japan, Australia, Indonesia, South Korea, Thailand, Singapore, Rest of Asia-Pacific). The Market Forecasts are Provided in Terms of Value (USD).
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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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TwitterUSD 3.68 Million in 2024; projected USD 7.37 Million by 2033; CAGR 8.03%.
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Drinkable Yogurt (Dairy and Soy Food) Market in Australia – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Drinkable Yogurt market in Australia. The research handbook provides up-to-date market size data for period 2014-2019 and illustrative forecast to 2024 premised on Covid-19 hit, covering key market aspects like Sales Value and Volume for Drinkable Yogurt and its variants Drinkable Yogurt. Read More
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Australia Drinking Yogurt Market growth is driven by continued demand for healthy, functional, and convenient beverages, particularly in emerging markets such as Asia-Pacific, where yogurt consumption is already well-established.
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Discover the latest trends in the Australian yoghurt market and learn about the projected growth in consumption over the next decade. Market volume is expected to reach 753K tons by 2035, with a market value of $3.4B.
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The Asia-Pacific yogurt market, encompassing countries like China, Japan, India, and Australia, presents a dynamic landscape characterized by robust growth and evolving consumer preferences. Driven by increasing health consciousness, rising disposable incomes, and the expanding popularity of convenient, on-the-go snacks, the market is projected to experience significant expansion. Flavored yogurts, particularly those with added fruits, probiotics, and functional ingredients, are leading the segment, appealing to a broad consumer base seeking both taste and health benefits. The dominance of supermarkets and hypermarkets in the off-trade channel highlights the importance of strong retail partnerships for market penetration. However, the increasing availability of yogurt through online retail channels presents a significant opportunity for growth, particularly for smaller brands. The on-trade sector, encompassing cafes and restaurants, is also contributing to market expansion, driven by the inclusion of yogurt in desserts and breakfast items. Competition is fierce, with established international players like Danone and Nestlé alongside rapidly growing regional brands vying for market share. Factors such as fluctuating milk prices and increasing competition could pose challenges, but overall, the market outlook remains positive. The continued growth in the Asia-Pacific yogurt market will be influenced by several key trends. The increasing demand for organic and sustainably produced yogurt is driving innovation in sourcing and production methods. The rising popularity of functional yogurts, enriched with added nutrients and probiotics, will further fuel market expansion. Furthermore, the growing preference for convenient packaging formats, such as single-serve cups and pouches, aligns with busy lifestyles and on-the-go consumption patterns. Strategic partnerships and collaborations between established yogurt manufacturers and local producers are expected to increase, fostering growth and innovation. Finally, effective marketing strategies, emphasizing health benefits and product differentiation, will be crucial for maintaining market competitiveness and attracting new consumer segments. While challenges exist, including potential price fluctuations and regulatory changes, the long-term forecast for the Asia-Pacific yogurt market remains optimistic, promising substantial growth and opportunities for market players in the coming years. Recent developments include: July 2022: Amul announced an investment of USD 60 million to build a new dairy plant in Rajkot to expand its production capabilities across milk, yogurt, and buttermilk products.September 2021: Bulla Dairy Foods launched its Australian Style Yogurt in 100g cups through food service distributors.July 2021: Miss Fresh partnered with China Mengniu Dairy to offer the full range of Mengniu's 70 high-quality dairy products to bring more nutritious and healthy choices to the MissFresh app and WeChat Mini Program users.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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Explore the projected growth of the yoghurt and fermented milk market in Australia, with an expected increase in consumption and market volume and value over the next decade.
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In 2024, the yoghurt market in Australia and Oceania decreased by -4.7% to $2.7B, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $2.8B in 2022; however, from 2023 to 2024, consumption failed to regain momentum.
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The Australia Dairy Alternatives Market is segmented by Category (Non-Dairy Butter, Non-Dairy Cheese, Non-Dairy Ice Cream, Non-Dairy Milk, Non-Dairy Yogurt) and by Distribution Channel (Off-Trade, On-Trade). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Production volume of plant-based products.
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| Report Attribute/Metric | Details |
|---|---|
| Market Size 2024 | 7.3 billion USD |
| Market Size in 2025 | USD 7.8 billion |
| Market Size 2030 | 10.7 billion USD |
| Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
| Segments Covered | Product Type, Packaging, Taste Profile, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
| Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
| Top 5 Major Countries and Expected CAGR Forecast | U.S., Canada, UK, Australia, Germany - Expected CAGR 4.2% - 6.2% (2025 - 2034) |
| Top 3 Emerging Countries and Expected Forecast | Brazil, India, Saudi Arabia - Expected Forecast CAGR 7.5% - 9.0% (2025 - 2034) |
| Companies Profiled | Yogurtland Inc., Menchie's Global Inc., Pinkberry Inc., Baskin-Robbins LLC., Red Mango Inc., Freshberry, Handles, Sweet Frog Premium Frozen Yogurt, Haagen-Dazs U.S.A. Inc., Golden Spoon Inc., TCBY Inc. and Orange Leaf Frozen Yogurt |
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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. |