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Global Yogurt Market

  • Published Date: 12 Nov 2018
  • Number of Pages: 207
  • Category: Food and Beverages
  • Country: Global
Introduction

By 2022, the Global Yogurt Market is estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period.Yogurt is a dairy food product derived from the bacterial fermentation of milk. The fermentation of lactose by these yogurt cultures produced lactic acid, which acts on the milk protein to give yogurt its characteristic texture and tart flavour. Milk from locally available cows, water buffalos, goats, ewes, mares, camels, and yaks is used to produce yogurt. Moreover, yogurt is often associated with probiotics having positive effects on the metabolic and cardiovascular health. Evidence suggests that these live strains of "good bacteria" that are found in many yogurt products can help boost the immune system and promote a healthy digestive tract.Because of its numerous health benefits, the yogurt section of most grocery stores today has practically taken over the dairy aisle.

Market Dynamics

Population growth, rising health consciousness, increasing disposable incomes, and growing inclination towards ready-to-consume food products are the key factors propelling the growth of the market. The yogurt market is also surging due to a rapidly rising demand for low-fat and low-sugar foods and beverages coupled with an increasing availability of flavoured yogurt, especially in the developing regions. Conversely, high rise in the cost of production poses a major threat to the market growth.

Market Segmentation

The Global Yogurt Market is fragmented on the basis of product type, form

Product Type

--> Regular yogurt
--> Fat-free yogurt

Form

--> Set Yogurt
--> Yogurt Drinks
--> Greek Yogurt
--> Frozen Yogurt

Distribution Channel

--> Supermarkets/hypermarkets
--> Convenience Stores
--> Grocery Stores
--> Online

Geographical Analysis

Although yogurt is consumed all over the world, its penetration and consumption levels vary widely across the globe. The European Union is currently the major contributor to the global yogurt market, followed closely by North America. These markets are expected to introduce new variants in flavours, thus leading to a stable growth in the near future. In the developing countries of Asia-Pacific, China and India are expected to show a substantial growth in the forecast period due to the rise in demand for flavoured yogurt in these countries.

Key Players

The market for yogurt is concentrated largely among key international players like Danone, Fonterra, General Mills, Muller, Nestle, and Yakult. Other prominent vendors in the market include Amul, Bio Green Dairy, Bright Dairy, China Mengniu Dairy, Flora ProActiv, FrieslandCampina, Grupo Lala, Hangzhou Wahaha Group, and Inner Mongolia Yili Industrial Group. The competition is stiff, with companies constantly competing for innovation in terms of flavour, pricing, and brand recognition.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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