The yogurt market share is estimated to reach USD 42.2 billion, progressing at a CAGR of 6.23% by 2027. The growing consumption of greek yogurt is a key factor driving the yogurt market growth.
Don’t miss out on the business opportunities in the Yogurt Market. Unlock the Sample Report and gain crucial market insights that will benefit your business growth. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 99.21 billion.
Browse Technavio's 162-page report and in-depth TOC on "Yogurt Market by product (spoonable yogurt and drinkable yogurt), flavor (plain and flavored), and geography (APAC, Europe, North America, South America, and Middle East and Africa)."
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The yogurt market structure is fragmented in nature and the vendors are deploying growth strategies such as acquisitions, product launches, and others to promote their businesses in the global market. Some of the major yogurt market vendors are:
Based on geography, the yogurt market is segmented across APAC, Europe, North America, South America, and the Middle East and Africa. APAC is projected to contribute 37% of the yogurt market size by 2027. The growth of the yogurt market will be driven by the growing number of product launches, the rise in the number of organized retail outlets, the preference for a healthy lifestyle, and the increasing popularity of flavored yogurt beverages.
The growing consumption of greek yogurt is a key factor driving the yogurt market value.
The increasing use of superfruits in yogurts is the major yogurt market trend that will positively influence market growth.
Increasing product recalls are a major challenge to the yogurt market size.
Technavio’s research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the yogurt market. Download the PDF Sample Report
YOY growth rate of the yogurt market.
A diversified analysis of the market’s competitive landscape and detailed information about vendors.
Accurate prediction about upcoming trends and changes in consumer behavior across APAC, Europe, North America, South America, and the Middle East and Africa.
Comprehensive details of factors that will impact the growth of yogurt market vendors.