Yoghurt Market Growing Demand, Industry Analysis and Regional Outlook by 2025
Category: #business  By Partha Ray  Date: 2019-10-21
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Yoghurt Market Growing Demand, Industry Analysis and Regional Outlook by 2025

Global Market Insights, Inc. has launched a report on Yoghurt Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.

Yoghurt Market size is driven by increasing awareness for health benefits from dietary consumption of product along with application in dairy products and food & beverages sector. Demographic & income trend coupled with shifting consumer eating preference is anticipated to propel the product growth in forecast time frame.

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The product is related to dairy food industry. As it is processed by bacterial fermentation of the cow milk however goat, sheep and buffalo milk are also suitable. Basically, the product is consumed as a dessert or used in various recipes include raita, lassi and soup. Adoption of product by the consumers due to the availability of therapeutic & high nutritional value includes vitamin B12 and D, protein, minerals in the product are the key driving factors for yoghurt market growth.

The product market is segmented, based on product type includes fat free and regular. Regular yoghurt market is anticipated to occupy the largest position in this segment due to its less cost as compared to other. Though increasing consciousness among consumers regarding the consumption of fat free and healthy products is expected to fuel the fat free based product demand in this segment in future.

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North America led by the U.S. is anticipated to be the key contributor in yoghurt market due to high consumption of the product and growth of dairy industry in this region. Though, this region is predicted to be a potential market for set type of dairy product due to adoption of advanced technology, large scale dairy operations and diversification of product.

Asia Pacific, led by China is expected to dominate the yoghurt market followed by India due to the population growth and high consumption of the product for its better taste and nutritional values. Furthermore, Japan is anticipated to show a substantial growth for the product owing to expansion of food & beverage industry in this region, this will fuel the product market in upcoming years.

Key players in yogurt industry include Ultima Foods, Sodiaal, Nestle, Chobani Inc., General Mills, and Kraft Foods Group, Inc., Red Mango, TCBY, Yogurtland and Menchie’s. Some other notable players include Danone Groupe SA, Yakult Honsha, SweetFrog, Stonyfield Farm and FAGE International.

The yoghurt market is characterized by numerous acquisitions & mergers to expand its productivity. For instance, in July 2016, Danone group had announced proposed acquisition of White Wave for around USD 10 billion, this deal will combine the world’s largest organic yoghurt brands named as stony field. This in turn is likely to fuel the yoghurt market in the U.S. region.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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