https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Report Covers US Yogurt Market Statistics & Industry Trends and it is Segmented by Category (Dairy-based Yogurt, Non-Dairy Yogurt); By Product Type (Plain Yogurt, Flavored Yogurt); By Distribution Channel (Supermarket/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail and Other Channels). The market size and forecasts are provided in terms of value (USD million) for the above segments.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Yogurt Market is segmented by Product Type (Flavored Yogurt, Unflavored Yogurt), by Distribution Channel (Off-Trade, On-Trade) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The yogurt business is projected to manifest a steady growth trend through the forecast year 2025 with a valuation of USD 50.2 billion and then it will brighten significantly to USD 79.6 billion eleven years later, in 2035 with a CAGR of 5.9%.
Attributes | Description |
---|---|
Estimated Global Yogurt Business Size (2025E) | USD 50.2 billion |
Projected Global Yogurt Business Value (2035F) | USD 79.6 billion |
Value-based CAGR (2025 to 2035) | 5.9% |
Semi-annual Demand Update
Particular | Value CAGR |
---|---|
H1 | 15.4% (2024 to 2034) |
H2 | 16.0% (2024 to 2034) |
H1 | 16.3% (2025 to 2035) |
H2 | 17.0% (2025 to 2035) |
Country-wise Insights
Countries | CAGR (2025 to 2035) |
---|---|
The USA | 4.5% |
UK | 3.8% |
Italy | 2.5% |
France | 3.2% |
India | 6.5% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
NESTLÉ SA | 14-18% |
Danone Groupe SA | 12-16% |
General Mills | 10-14% |
Yakult Honsha Co. Ltd | 7-11% |
Chobani Inc. | 6-10% |
Other Companies (combined) | 40-50% |
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The North America Yogurt Market is segmented by Product Type (Flavored Yogurt, Unflavored Yogurt), by Distribution Channel (Off-Trade, On-Trade) and by Country (Canada, Mexico, United States). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.
This statistic represents the yogurt market share growth of Chobani in the United States as of 2019. Chobani's dollar share grew by 1.9 percent in the U.S. for the four weeks ended in February 9, 2019.
Yogurt Market Size 2024-2028
The yogurt market size is forecast to increase by USD 41.5 billion at a CAGR of 5.86% between 2023 and 2028. The yogurt market is experiencing strong growth, driven by its well-recognized health benefits. Rising health awareness and a growing preference for nutritious food have positioned yogurt as a staple choice among consumers. Notably, the demand for Set yogurt, Greek yogurt, and yogurt drinks is surging, owing to their higher protein content and rich, creamy texture.
Frozen yogurt continues to be a favorite due to its refreshing nature. Both Plain and Flavored yogurts are gaining popularity, with the latter witnessing a due to the addition of superfruits and other natural flavors. The market, however, faces challenges such as product recalls due to contamination issues, leading to a decline in consumer trust. Both Dairy-based and Non-dairy-based yogurts are witnessing growth, with the latter catering to consumers with lactose intolerance or vegan preferences. Overall, the market is expected to continue its growth trajectory, driven by consumer preferences for healthier food options and innovation in product offerings.
Request Free Sample
The global dairy product market is witnessing significant growth due to the increasing consumer preference for yogurt as a versatile and nutritious food item. Yogurt is produced through the fermentation of pasteurized milk using specific bacteria strains, resulting in a product rich in proteins, calcium, and probiotics. The product finds applications in various sectors, including beverages, snacks, meal replacement, desserts, protein-rich sports drinks, and more. Yogurt offers numerous health benefits, such as promoting healthy digestion, aiding in weight loss and fat loss, and boosting the immune system. It has been linked to reducing the risk of health conditions like type 2 diabetes, colorectal cancer, osteoporosis, high blood pressure, and bad cholesterol.
Moreover, the growing health awareness among consumers is driving the demand for yogurt in the retail market. The production process of yogurt involves homogenization, which ensures a smooth and consistent texture. However, some consumers prefer natural, lactose-free, or low-sugar options, leading to the emergence of lactose-free yogurt and yogurt alternatives like soy or almond yogurt. The market is also witnessing the trend of minimally processed, additive-free yogurt, with companies like Yakult, Danone, Nestle, and Chobani leading the way. The use of artificial additives and hormonal treatment in yogurt production is a concern for some consumers, and companies are addressing this by offering more natural and organic options.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Spoonable yogurt
Drinkable yogurt
Flavor
Plain
Flavored
Geography
APAC
China
Europe
France
North America
US
South America
Middle East and Africa
By Product Insights
The spoonable yogurt segment is estimated to witness significant growth during the forecast period. Spoonable yogurt, a thick and creamy dairy product, is gaining significant traction in the market due to its numerous health benefits and versatility. This type of yogurt, which is meant to be spooned or squeezed, is available in various forms, including Greek yogurt and yogurt drinks. The frozen and refrigerated versions of spoonable yogurt are also popular. The health-conscious consumer trend has been instrumental in driving the growth of the spoonable market. Greek yogurt, in particular, has gained immense popularity due to its high protein content and probiotics. The increasing demand for Greek yogurt has led to an expansion of flavored options, catering to diverse consumer preferences.
Moreover, the market for spoonable yogurt is segmented into plain and flavored varieties, with the latter accounting for a larger share due to the growing consumer inclination towards indulgent and sweetened options. The dairy-based and non-dairy-based versions of spoonable yogurt are also gaining traction, with the former dominating the market due to its traditional appeal and the latter catering to the lactose-intolerant and vegan population. The market for spoonable yogurt is expected to witness steady growth in the coming years, driven by increasing health awareness and an expanding product portfolio.
Get a glance at the market share of various segments Request Free Sample
The spoonable yogurt segment was valued at USD 62.20 billion in 2018 and showed a gradual increase during the forecast period.
Regional Insights
APAC is estimated to contribute 37% to the growth of the global market during th
In 2023, Yili was the most popular yogurt brand among Chinese consumers, accounting for around 22 percent of the total yogurt retail sales in China. Meanwhile, Mengniu took about 21 percent of the yogurt drink market.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The globalhigh protein yogurt marketis expected to reach a market valuation of US$ 36.6 billion in the year 2023. Based on the survey reports, the global market value progressed at a CAGR of roughly 2.6% over the last half-decade from 2018 to 2022. According to a new analysis report by FMI, the overall market is projected to accelerate with a CAGR of 7% between 2023 and 2033.
Report Attributes | Details |
---|---|
Global High Protein Yogurt Market Valuation in 2022 | US$ 35.19 billion |
Estimated Global Market Share in 2023 | US$ 36.6 billion |
Forecasted Global Market Size by 2033 | US$ 70.1 billion |
Projected Global Market Growth Rate from 2023 to 2033 | 7% CAGR |
Historical Market Growth Rate from 2018 to 2022 | 2.6% CAGR |
Global Market Share of Top 3 Performing Countries | 33.2% |
Country-wise Insights
Regional Market Comparison | Global Market Share in Percentage |
---|---|
United States | 23% |
Germany | 19% |
Japan | 4% |
Australia | 2.4% |
Regional Markets | CAGR (2023 to 2033) |
---|---|
United Kingdom | 7.1% |
China | 4.5% |
India | 6% |
Category-wise Insights
Category | By Product Type |
---|---|
Top Segment | Spoonful |
Market Share in Percentage | 89% |
Category | By Source Type |
---|---|
Top Segment | Dairy Based |
Market Share in Percentage | 78% |
Category | By Storage Type |
---|---|
Top Segment | Chilled or Frozen |
Market Share in Percentage | 78% |
Scope of the Report
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ million or US$ billion for Value and billion liters for Volume |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa |
Key Countries Covered | United States, Brazil, Mexico, Germany, United Kingdom, China, India, Japan, Australia, and GCC Countries |
Key Segments Covered |
|
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, the global Yogurt Market size will be USD 125945.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 50378.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 37783.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 28967.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6297.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2518.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The "Regular" segment held the highest revenue share in the Fat Content Outlook of the Yogurt Market..
Market Dynamics of Yogurt Market
Key Drivers for Yogurt Market
Consumer Awareness of Health Benefits Fuels Yogurt Market Growth
The yogurt market is driven by increasing consumer awareness of the health and wellness benefits associated with yogurt consumption. Yogurt is rich in probiotics, which aid in digestion and improve gut health. Additionally, it is an excellent source of protein, calcium, and vitamins, making it a popular choice for health-conscious individuals. The rise in demand for functional foods that offer health benefits beyond basic nutrition has significantly contributed to the growth of the yogurt market. Furthermore, the growing trend of maintaining a balanced diet and the inclusion of yogurt in daily meals have bolstered its market demand.
Continuous Innovation in Product Offerings Drives Growth in the Yogurt Market
A key driver of the yogurt market is the continuous innovation in product offerings. Manufacturers are introducing a variety of yogurt products to cater to diverse consumer preferences, including plant-based yogurts, low-fat options, and products with added flavors and nutrients. The availability of various yogurt types, such as Greek yogurt, drinkable yogurt, and yogurt-based snacks, has expanded the market reach. Additionally, the incorporation of local and exotic flavors, as well as functional ingredients like fiber and antioxidants, has attracted a broader consumer base, fueling market growth further.
Restraint Factor for the Yogurt Market
Fluctuating Raw Material Costs and Supply Chain Disruptions Challenge Yogurt Market Profitability and Stability
The yogurt market faces several restraints, one of which is fluctuating raw material costs. The prices of key ingredients, such as milk and fruit, can be highly volatile, influenced by factors like weather conditions, feed costs for dairy cattle, and global trade dynamics. This volatility can squeeze profit margins for yogurt manufacturers, making it challenging to maintain consistent pricing for consumers. Additionally, any disruptions in the supply chain can lead to shortages and increased costs, further complicating the market landscape. Thus, companies must navigate these financial uncertainties to sustain their operations and profitability in the competitive yogurt market.
Impact of Covid-19 on the Yogurt Market
The COVID-19 pandemic has had a profound impact on the yogurt market, both positively and negatively. On the positive side, the increased focus on health and immunity has driven demand for probiotic-rich foods like yogurt. Consumers have become more health-conscious, leading to a surge in yogurt sales as part of a balanced diet. However, the pandemic has also disrupted supply chains, leading to logistical challenges in sourcing raw materials and distributing finished products. Lockdowns and restrictions affected dairy farms, production facilities, and retail operations, causing fluctuations in availability and prices. Moreover, economic uncertainty and reduced consumer spending power have also influenced purchasing behaviors, potentially limiting market growth. Introduction of the Yogurt Market
The yogurt market encompasses a ...
This graph illustrates the Greek yogurt market share of yogurt company Chobani in the United States from 2012 to 2017. Chobani captured a sales share of 54 percent in the Greek yogurt segment in 2017.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The report covers Frozen Yogurt Companies and it is Segmented by Type (Dairy-based and Non-Dairy-Based Frozen Yogurt); Distribution Channels (Supermarket/Hypermarkets, Convenience Stores, Online Retailers, and Others); and by Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The market size and values in (USD Million) during the forecasted years for the above segments.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The report covers Global Yoghurt Fruit Market Trends and is segmented by Category (Dairy-based and Dairy-free), by Type (Sponable Yogurt and Drinkable Yogurt), by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail Stores and Others) and Geography.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
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 |
---|---|
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 |
---|---|
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 |
|
Regions Covered |
|
Key Countries Profiled |
|
Key Companies Profiled |
|
Customization | Available Upon Request |
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The size of the Yogurt Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.62% during the forecast period. The yogurt industry is a lively segment in the worldwide dairy sector, involving the making and eating of cultured milk items that are frequently flavored or sweetened. This market offers a variety of yogurt options, including plain, flavored, Greek, and drinkable yogurts, to meet different consumer tastes. Rising health consciousness, the need for probiotic-rich foods, and the increasing popularity of dairy alternatives are boosting the yogurt industry. Major companies such as Danone, Chobani, and Yoplait are dominating the industry with creative products and widespread distribution channels. The market is divided by the type of product, how products are distributed, and location, with supermarkets and hypermarkets being the primary sales channels. The rise is fueled by the growing interest in nutritious snacks and the broadening of product choices to incorporate plant-based and low-sugar alternatives. 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.June 2022: Danone North America partnered with White Plains, Boulder, and Colo and launched Activia+ Multi-Benefit Probiotic Yogurt Drinks.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.. Key drivers for this market are: Wide Application and Benefits of Collagen Across End-User Industry, Implementation of Business Strategies by Market Players. Potential restraints include: Intolerance of Vegetarian/Vegan Population Towards Animal Sourced Protein. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The global plant-based yogurt market size stands at a valuation of US$ 4,489.87 million in 2023. Forecasts suggest a consistent upward trend as consumers have become informed that plant-based alternatives can deliver the same or even more minerals and protein than dairy products. Therefore, the market is on track to surpass US$ 15,398.39 million by 2033, with a projected CAGR of 13.1%.
Attribute | Details |
---|---|
Plant-based Yogurt Market Size (2022) | US$ 4,018.11 million |
Plant-based Yogurt Market Size (2023) | US$ 4,489.87 million |
Plant-based Yogurt Market Projected Size (2033) | US$ 15,398.39 million |
Plant-based Yogurt Market Forecasted Value CAGR (2023 to 2033) | 13.1% |
Plant-based Yogurt Market Statistics by Key Countries
Countries | 2023 Value Share in Global Market |
---|---|
United States | 20.8% |
Germany | 5.7% |
China | 5.6% |
Australia | 5.2% |
Japan | 3.8% |
Plant-based Yogurt Market Statistics by Key Segments
Segment | Market Share in 2023 |
---|---|
Soy Milk Source | 39.4% |
B2C Distribution Channel | 87.5% |
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
After a detailed analysis of the food and plant-based preservative market, FMI recently published a new report on the frozen yogurt market. As per the analysis, sales of frozen yogurt hold a current valuation of US$ 99.29 billion in 2024.
Attributes | Details |
---|---|
Frozen yogurt Market Value for 2024 | US$ 99.29 billion |
Frozen yogurt Market Value for 2034 | US$ 272.74 billion |
Frozen yogurt Market Forecast CAGR for 2024 to 2034 | 10.6% |
Historical Performance and Future Growth of the Frozen Yogurt Market
Historical CAGR | 9.9% |
---|---|
Forecast CAGR | 10.6% |
Category-wise Insights
Category | Market Share in 2024 |
---|---|
Dairy-based | 88.2% |
Hypermarket/Supermarket | 44.2% |
Country-wise Insights
Countries | CAGRs through 2034 |
---|---|
United States | 3.5% |
Germany | 4.1% |
China | 5.5% |
Japan | 5.8% |
India | 6% |
https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy
The global flavored yogurt market size reached USD 69.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 109.1 Billion by 2033, exhibiting a growth rate (CAGR) of 4.62% during 2025-2033. The market is propelled by the increasing consumer demand for healthy and nutritious snacks, growing popularity of flavored and specialty yogurts, rising disposable income levels and rapid urbanization, expansion of retail channels and e-commerce platforms, significant innovations in flavor varieties and product formulations, and growing demand for plant-based and dairy-free yogurt options.
Report Attribute
| Key Statistics |
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 69.6 Billion |
Market Forecast in 2033 | USD 109.1 Billion |
Market Growth Rate (2025-2033) | 4.62% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on flavor, form, type, and sales channel.
https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy
Japan yogurt market size reached USD 6.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 12.4 Million by 2033, exhibiting a growth rate (CAGR) of 7.6% during 2025-2033. The market is experiencing growth due to several key factors, including a heightened awareness of the significance of gut health, a growing preference for high-protein diets, and an increasing consumption of ready-to-eat (RTE) food items.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024
| USD 6.1 Million |
Market Forecast in 2033
| USD 12.4 Million |
Market Growth Rate 2025-2033 | 7.6% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product type, flavor, and distribution channel.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The global Savory Yogurt Market is poised to reach a value of USD 1217.8 Million by 2025 and is projected to reach a value of USD 1912.0 Million by 2035, reflecting a compound annual growth rate of 4.6% over the assessment period 2025 to 2035.
Attributes | Description |
---|---|
Estimated Global Industry Size (2025E) | USD 1217.8 Million |
Projected Global Industry Value (2035F) | USD 1912.0 Million |
Value-based CAGR (2025 to 2035) | 4.6% |
Country wise Insights
Countries | CAGR 2025 to 2035 |
---|---|
USA | 6.3% |
Germany | 5.1% |
India | 9.9% |
Category-wise Insights
Segment | Value Share (2025) |
---|---|
Drinks (Source) | 40% |
Segment | Value Share (2025) |
---|---|
Supermarket (Type) | 60% |
This statistic represents the yogurt market share of Yoplait in the United States in 2011 and 2016. Yoplait's market share stood at 19 percent in 2016, down from 25 percent in 2011.
https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Report Covers US Yogurt Market Statistics & Industry Trends and it is Segmented by Category (Dairy-based Yogurt, Non-Dairy Yogurt); By Product Type (Plain Yogurt, Flavored Yogurt); By Distribution Channel (Supermarket/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail and Other Channels). The market size and forecasts are provided in terms of value (USD million) for the above segments.