Flavoured Yogurt Market Share, Growth, Trend Analysis, Consumption Capacity by Volume And Production Value with top Key players like General Mills Inc
Global flavoured yogurt market is projected to rise to USD
144.31 billion by 2026, undergoing growth with a healthy CAGR in the forecast
period of 2019-2026. The rise in the market value can be attributed to rising
health awareness, introduction of new flavours and changing lifestyles of
consumers.
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Yogurt is formed by
fermenting milk with bacteria. Yogurt when garnished or nourished with flavours
derived from various sources such as fruits and vegetables, it is termed as
flavoured yogurt. Flavoured yogurts are available in various forms based on criteria
like low-fatty or non-fatty, frozen or regular and flavours from different
fruits. There has been an increased demand for flavoured yoghurts due to the
health benefits offered by it.
Key Market Competitors: Global Flavoured Yogurt Market
Few of the major competitors currently working in the global
flavoured yogurt are General Mills Inc.,
Nestlé, Yakult Honsha Co., Ltd., ULTIMA FOODS, Chobani, LLC., SODIAAL, Müller
UK & Ireland, Rainy Lanes Dairy Foods Ltd., Parmalat S.p.A., Chi Limited,
Sameer Agriculture & Livestock Limited, Lausanne Dairies, MENCHIE’S,
Cargill, Incorporated., YILI.COM INC., Mother Dairy Fruit & Vegetable Pvt.
Ltd., Britannia Nutrition Foundation, DANONE, Stonyfield Farm, Inc., FAGE
International S.A., noosa yoghurt, The Icelandic Milk and Skyr Corporation,
Yoplait USA, INC, Fonterra Co-operative Group and Arla Foods amba among others.
Market Drivers:
·
The
shift in consumers’ behaviour towards nutritional value and also giving
importance to taste and texture
·
Increasing
income of consumers and their changing tastes and preferences
·
Customers
preference of convenience, rather than focus on costs due to their tight packed
busy lifestyles
·
Innovative
and new forms of packaging of flavoured yoghurt attract consumers towards the
products, stimulating them to buy it
Market Restraints:
·
High
levels of preservatives present in the product restraints the growth of the
market
·
Presence
of already established competitors and competition from ice cream & other
frozen desserts market hinders the growth of his market
Table of Content:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Flavoured Yogurt Market Landscape
Part 04: Global Flavoured Yogurt Market Sizing
Part 05: Global Flavoured 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
Segmentation: Global Flavoured Yogurt Market
·
By Product
o
Artificial
Casings
o
Natural
Casings
·
By Types
o
Set
Yogurt
o
Creamy
Yogurt
o
Baby
Yogurt
o
Low
Fat & No-Fat Yogurt
o
Organic
Yogurt
o
Standard
Flavoured Yogurt
o
Frozen
Yogurt
o
Drinking
Yogurt
o
Strained/Greek
Yogurt
o
Others
·
By
Distribution Channel
o
Hyper/Super
Market
o
Retail
Stores
o
Convenience
Stores
o
Specialist
Retailers
o
Online
Stores
o
Others
·
By Ingredients
o
Artificial
Sweeteners
o
Colours
o
Fruits
o
Bacteria
o
Flavours
o
Others
·
By Flavours
o
Blueberry
o
Strawberry
o
Vanilla
o
Mango
o
Other
Flavours
·
By Application
o
Dessert
o
Food
& Beverage
o
Drugs
o
Cosmetics
o
Others
By Geography
·
Asia Pacific
o
China
o
South
Korea
o
Japan
o
India
o
Australia
o
Singapore
·
North America
o
US
o
Canada
o
Mexico
·
Europe
o
Russia
o
Turkey
o
Switzerland
o
Spain
o
France
o
Germany
o
Italy
o
UK
·
South America
o
Brazil
o
Argentina
o
Rest
of South America
·
Middle East & Africa
o
South
Africa
o
Egypt
o
United
Arab Emirates
Key Developments in the Market:
·
In
January 2019, Yoplait, the largest franchise brand of yoghurt and Dunkin’
Donuts have joined hands to launch 4 new breakfast pastry-inspired yogurt
flavours which include Boston Kreme Donut, Apple Fritter, French Vanilla Latte
and Cinnamon Coffee Roll. These launches would increase the sale the sale of
yoghurts, and its uniqueness would help capturing a new segment in the yogurt
market.
·
In
January, 2018.Hormel Foods partnered with Menchie’s Frozen Yogurt to launch its
limited-edition peanut butter flavoured frozen yogurt, Skippy. It would be a
blend of peanut butter and chocolate brownie flavoured frozen yogurt. This new
flavour of yoghurt, would provide a unique taste for customers, and add yet
another flavour in yoghurts in the market of flavoured yoghurts.
Competitive Analysis: Global Flavoured Yogurt Market
Global flavoured yogurt market is highly fragmented and the
major players have used various strategies such as new product launches,
expansions, agreements, joint ventures, partnerships, acquisitions, and others
to increase their footprints in this market. The report includes market shares
of flavoured yogurt market for global, Europe, North America, Asia-Pacific,
South America and Middle East & Africa.
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