Latest News - Yogurt Market: Spoonable yogurt is expected to lead the Product segment during 2025-2029

The Yogurt Market is being driven by Health benefits of yogurt

The Yogurt Market is expected to grow at a CAGR of 6.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 76 billion. The health consciousness trend among consumers has led to a surge in demand for nutritious and natural food products. With an increasing prevalence of health issues such as diabetes, obesity, and allergies, there is a growing focus on preventative measures through diet. Consumers are shifting towards more natural alternatives, eschewing artificial ingredients in favor of healthier options. In response, manufacturers of Greek yogurt are incorporating superfruits and berries, including acai, goji berry, noni, pomegranate, and grapes, to provide added nutritional value. These superfruits and berries, which are rich in antioxidants, vitamins, and minerals, have become essential ingredients in the production of Greek yogurt, catering to the evolving health-conscious consumer preferences. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Spoonable yogurt
  • Drinkable yogurt
• Flavor
  • Plain
  • Flavored
• Form Factor
  • Conventional yogurt
  • Greek yogurt
  • Set yogurt
  • Frozen yogurt
  • Yogurt drinks
• Distribution Channel
  • Off-trade
  • On-trade
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • France
    • Germany
    • Italy
    • UK
  • North America
    • US
    • Canada
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Health benefits of yogurt
• Rising launch of sugar-free and high-protein yogurts
• Growing consumption of greek yogurt

However, the market also witnesses some limitations, which are as follows:

• Increasing product recalls
• Stringent regulations
• Supply chain challenges

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Market Scope in Yogurt Market Research Report

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Research Analysis Overview

In the dynamic yogurt market, various alternatives and substitutes such as vegan yogurts like coconut, almond, soy, cashew, and oat yogurts, are gaining popularity. Yogurt is available in various forms including bars, pouches, cups, tubs, and containers, each with unique labels and certifications. Regulations and standards ensure yogurt's quality, shelf life, and storage. Consumption frequency, demographics, and psychographics shape the yogurt lifestyle. Yogurt offers numerous health benefits, including aiding digestion through its microbiome and gut bacteria.

Market Research Overview

The global packaged foods and meats market encompasses vendors engaged in food processing to ensure microbial elimination and shelf life extension. According to Technavio, this market's size is determined by the consolidated revenue of the participating companies. It excludes equipment manufacturers and producers of alcoholic and non-alcoholic beverages, such as yogurt alternatives like dairy-free, plant-based, Greek, cultured milk, and organic varieties. Market expansion will be fueled by the health benefits linked to the consumption of minimally processed foods, including yogurts, which are rich in essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/