Increasing Veganism Coupled with Urbanization to Give Rise to the Sales of Yogurt in the US

The US yogurt market is estimated to exhibit a sturdy CAGR of 4.7% during the forecast period (2020-2026). Increasing disposable income, growing overall economy, premiumization has all contributed to the growth of the US yogurt market. Dairy-based products are considered one of the most essential consumables in the country, with more and more consumers starting to notice the health benefits offered by yogurt. Supermarkets/hypermarkets are increasingly expanding their yogurt offering in the US. The rise in conventional retail distribution channel penetration in mature markets has formed new ways for the growth of the market. Besides, the surge in deals and discounts offered to consumers by these supermarkets/hypermarkets results in the dominance of conventional retailing in the US yogurt market. Additionally, supermarkets/hypermarkets are expected to endure as the most favored sales channel in the country, during the forecast period. 

Browse the full report description US 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) at https://www.omrglobal.com/industry-reports/us-yogurt-market

Further, emerging segments such as plant-based yogurt and yogurt drinks are showing growth in the market. The growing popularity of plant-based yogurt in the US has led an increasing number of players offering new innovative products. For instance, in 2019, Danone launched two new lines Silk Almond milk Yogurt Alternative Mix-ins and So Delicious Coconut milk Yogurt Alternative Pairings. In addition, the growing vegan population in the US is contributing significantly to the growth of plant-based yogurts, coupled with the increasing availability of novel flavors, including pineapple, coconut, chocolate, and cranberry, among others.

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- by Product Type, Category, and Distribution Channel
• Country Covered- the US
• Competitive Landscape- Califia Farms, LLC, Chobani, LLC, Dannon S.A., General Mills, Inc., LALA Branded Products, LLC, Stonyfield Farm, Inc, and The Hain Celestial Group

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

US Yogurt Market Report Segment

By Product Type

• Dairy-based
• Non-dairy-based

By Category

• Flavored
• Non-flavored

By Distribution Channel

• Convenience Stores
• Supermarkets/Hypermarkets

Online Stores