Yogurt Market
Global Yogurt Market Size, Share & Trends Analysis Report by Product Type (Dairy-Based and Non-Dairy-Based), by Category (Flavored and Non-flavored), and by Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, and Online Stores) Forecast Period (2020-2026) Update Available - Forecast 2024-2030
The yogurt market is projected to propagate at a solid CAGR of 5.2% during the forecast period (2020-2026). The market has witnessed significant growth due to the rise in health consciousness among consumers. Correspondingly, this has motivated consumers to opt for yogurt owing to its numerous health benefits, such as enhanced immune function, improved digestion, and a reduced risk of several diseases, including obesity and diabetes. The addition of yogurt to meal plans is one of those factors contributing to market growth. The sudden rise of e-commerce will also play an important role in the yogurt market growth with more and more brands increasingly offer online sales channels. On the contrary, there is a tremendous shift toward veganism as increasingly more consumers are exposed to information regarding veganism and animal welfare, in turn, inclined towards plant-based yogurt.
The market also has witnessed increasing diversity in the form of yogurt consumption with conventional spoonable yogurt. This form of yogurt consumption has, further, diversified to yogurt-based functional drinks and yogurt-based frozen desserts. In addition, various yogurt-based products are being increasingly customized to create offerings, like low fat, low sugar, probiotic, gender-specific, and protein-rich yogurt.
Segmental Outlook
The yogurt market is segmented based on product type, category, and distribution channel. Based on the product type, the yogurt market is segmented into dairy-based and non-dairy-based. Based on the category, the market is classified into flavored and non-flavored. Based on the distribution channel, the market is segmented into convenience stores, supermarkets/hypermarkets, and online stores.
Consumers Inclined Towards the Assorted Flavored Yogurt
The flavored yogurt market has witnessed a significant rise in awareness regarding benefits associated with the consumption of yogurt, which contains nutrients, including calcium, protein, and vitamins, supported by the availability of a wide range of flavors, has made flavored yogurt one of the most preferred options among the consumers. To maintain and attract more customer interest, yogurt brands have been diversifying into international styles, with relevant players offering several ranges, including Icelandic, French, and Australian.
Regional Outlook
The global yogurt market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. The Asia Pacific leads the market share attributing to abundant production and consumption of dairy products. China leads the market value share in the Asia-Pacific region and is also the fastest-growing regional market for yogurt in terms of consumption (value and volume). Emerging markets including India and China will contribute a significant amount to the market share during the forecast period.
Global Yogurt Market Growth, by Region 2020-2026
Market Players Outlook
The global yogurt market is highly competitive with several regional and global brands, including private label brands, dominating the value share. These brands and companies account for a large number of products in the market, which, in turn, has produced a stagnation in products in the market. The major players operating in the market are Chobani, LLC, Danone S.A. Fonterra Co-operative Group Limited, General Mills Inc. Amul (GCMMF), Nestlé S.A., among others. During the reviewed period (2020-2026), the players are expected to focus on diversifying their offerings, expanding into developing economies, as well as focus on the online distribution channel.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global yogurt market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. Amul (GCMMF)
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. Danone S.A.
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. Chobani, LLC
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. Nestlé S.A.
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
3.2.5. General Mills, Inc.
3.2.5.1. Overview
3.2.5.2. Financial Analysis
3.2.5.3. SWOT Analysis
3.2.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global Yogurt Market by Product Type
5.1.1. Dairy-Based
5.1.2. Non-Dairy-Based
5.2. Global Yogurt Market by Category
5.2.1. Flavored
5.2.2. Non-flavored
5.3. Global Yogurt Market by Distribution Channel
5.3.1. Convenience Stores
5.3.2. Supermarkets/Hypermarkets
5.3.3. Online Stores
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Amul (Gujarat Cooperative Milk Marketing Federation, Ltd.)
7.2. Arla Foods Group
7.3. Califia Farms, LLC
7.4. Carrefour (Majid Al Futtaim Holding)
7.5. China Mengniu Dairy Co., Ltd.
7.6. Chobani, LLC.
7.7. Danone S.A.
7.8. Fage International S.A.
7.9. Fonterra Co-operative Group, Ltd.
7.10. General Mills, Inc.
7.11. Lactalis Group
7.12. LALA Brand Products, Inc.
7.13. Nestlé S.A.
7.14. Saputo, Inc.
7.15. Stonyfield Farm, Inc.
7.16. Tesco PLC
7.17. The Hain Celestial Group, Inc.
7.18. Tillamook County Creamery Association
7.19. Yakult Honsha Co., Ltd.
7.20. Yasso Frozen Greek Yogurt (FrieslandCampina)
7.21. Zott SE & Co. KG
1. GLOBAL YOGURT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
2. GLOBAL ALMOND MILK MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL DAIRY-BASED MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL NON-DAIRY-BASED MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL YOGURT MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2019-2026 ($ MILLION)
6. GLOBAL FLAVORED MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL NON-FLAVORED MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL YOGURT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
9. GLOBAL CONVENIENCE STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL SUPERMARKETS/HYPERMARKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL ONLINE STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. NORTH AMERICAN YOGURT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
13. NORTH AMERICAN YOGURT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
14. NORTH AMERICAN YOGURT MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2019-2026 ($ MILLION)
15. NORTH AMERICAN YOGURT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
16. EUROPEAN YOGURT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
17. EUROPEAN YOGURT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
18. EUROPEAN YOGURT MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2019-2026 ($ MILLION)
19. EUROPEAN YOGURT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
20. ASIA-PACIFIC YOGURT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
21. ASIA-PACIFIC YOGURT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
22. ASIA-PACIFIC YOGURT MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2019-2026 ($ MILLION)
23. ASIA-PACIFIC YOGURT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
24. REST OF THE WORLD YOGURT MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
25. REST OF THE WORLD YOGURT MARKET RESEARCH AND ANALYSIS BY CATEGORY, 2019-2026 ($ MILLION)
26. REST OF THE WORLD YOGURT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
1. GLOBAL YOGURT MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
2. GLOBAL YOGURT MARKET SHARE BY CATEGORY, 2019 VS 2026 (%)
3. GLOBAL YOGURT MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026 (%)
4. GLOBAL YOGURT MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. THE US YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
7. UK YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
13. CHINA YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
14. INDIA YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF THE WORLD YOGURT MARKET SIZE, 2019-2026 ($ MILLION)
