For an exceptional business growth, companies must take up market research report service which has become enough imperative in today’s market place. Yogurt Market research report is formulated with a nice blend of industry insight, smart and practical solutions and newest technology to present better user experience. With this market report, businesses can acquire details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product. Yogurt Market business report puts a light on several aspects related to industry and market. Few of these major factors are market definition, market segmentation, competitive analysis and research methodology.
Entire Yogurt Market analysis report can be mainly categorised into four major areas which are market definition, market segmentation, competitive analysis and research methodology. Each of these topics is researched and analysed in detail for formulating a comprehensive market research report. The report studies the market with respect to general market conditions, market status, market improvement, key developments, cost and profit of the specified market regions, position and comparative pricing between major players. Thus, an international Yogurt Market report is very imperative in many ways to raise the business and be successful.
Data Bridge Market Research analyses that the yogurt market was valued at USD 107.2 billion in 2021 and is expected to reach the value of USD 162.04 billion by 2029, at a CAGR of 5.30% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
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Market Overview
Yogurt is a food that is made by bacterial fermentation of milk. It is consumed in many different forms, including beverage, dessert, snacks, protein-rich sports drink, meal replacement, and others. It promotes healthy digestion, lowers the risk of type 2 diabetes, protects against colorectal cancer, and boosts the immune system. The market is expanding as people become more aware of the health benefits of yogurt.
Some of the major players operating in the Global Yogurt Market are:
- Chr. Hansen Holding A/S (Denmark)
- Yakult Honsha Co., Ltd (Japan)
- Nestlé (Switzerland)
- DuPont (U.S.)
- MORINAGA CO., L.T.D. (Japan)
- BioGaia AB (Sweden)
- Protexin (U.K.)
- Daflorn Probiotics U.K. (U.K.)
- DANONE (France)
- Yakult U.S.A. Inc. (U.S.)
- Deerland Enzymes, Inc. (U.S.)
- UAS Laboratories (U.S.)
- Goerlich Pharma GmbH (Germany)
- SANZYME BIOLOGICS PVT. LTD. (India)
- DSM (Netherlands)
- NutraScience Labs (U.S.)
- Kerry Group plc (Ireland)
- Lallemand Inc. (Canada)
- Lonza (Switzerland)
- Winclove Probiotics (Netherlands)
- Probi (Sweden)
COVID-19 Impact on Yogurt Market
Yogurt sales initially fell due to COVID-19 restrictions on brick-and-mortar stores. However, major players are attempting to solidify their market position by focusing on e-commerce and online marketing in order to reach consumers across geographical boundaries. Furthermore, the pandemic prompted consumers to seek out immunity-boosting products as well as other fortified products that provide health benefits, resulting in major players improving the composition of their yogurt products by incorporating organic ingredients, making them cholesterol-free, and launching vegan variants with no added preservatives or additives.
Recent Development
- Danone's "Silk" brand will launch a plant-based Greek yogurt in 2021. They announced that after several years of research and development, the company has launched its new silk Greek yogurt in four flavours: strawberry, blueberry, vanilla, and lemon.
- Lactalis India entered the yogurt category in 2021 with the launch of Lactel Turbo, a yogurt drink priced at INR 15.
- Chobani will launch a portfolio of nutritional foods and drinks in 2020, including Probiotic Drinks and Lactose-Free Greek Yogurt Chobani Probiotic.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Yogurt Market Landscape
Part 04: Global Yogurt Market Sizing
Part 05: Global Yogurt Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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