The Greek yogurt market share is set to post an incremental growth of USD 3.21 billion, progressing at a CAGR of about 7.11% during the forecast period. The health benefits of Greek yogurt will offer immense growth opportunities to market vendors. Technavio's research report provides a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for the further growth of their business. Unlock Free Sample Report
The Greek yogurt market is segmented by Distribution Channel (Offline and Online), Type (Flavored Greek yogurt and Plain Greek yogurt), and Geography (North America, Europe, APAC, South America, and MEA).
Based on the distribution channel segmentation, the Greek yogurt market growth in the offline segment will be significant during the forecast period.
By geography, 43% of the market growth will originate from North America during the forecast period. The increasing health awareness among consumers will facilitate the Greek yogurt market growth in North America. The US is the key market for Greek yogurt in North America.
Demand for the fusion of flavors in Greek yogurt is one of the major Greek yogurt market trends that supports the market growth. The Greek yogurt market report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
The health benefits of Greek yogurt are one of the primary factors driving the growth of the Greek yogurt market size. However, the high cost of Greek yogurt is one of the challenges that will need to be overcome to drive growth.
The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.
The market is fragmented due to the presence of several players. CChobani Global Holdings LLC, Danone SA, Emmi Group, Fage International SA, General Mills Inc., Kri-Kri Milk Industry SA, MEVGAL, The Hain Celestial Group Inc., The Kroger Co., and Vivartia Holding SA are some of the major Greek yogurt market vendors.
Three key vendors and their offerings are:
The Greek yogurt market report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Download the Free PDF Sample Report
