Global Yogurt Market expected to soar at 10% CAGR by the end of 2026

monica2016

One can assume that almost every other new recipe developed by culinary experts from all corners of the world will contain some significant contribution of milk or its derivatives. Yogurt continues to be one such by-product of milk that has gained worldwide prevalence for being a key ingredient in specialised production of foods & beverages. The world has acclimated itself to a daily or regular consumption of yogurt in moderate volumes. A recent study conducted by Future Market Insights revealed that by the end of 2016, more than 37,000 KT of yogurt was consumed across the globe. People from all walks of life have cultured a taste for yogurt drinks & beverages. So much so that yogurt has become an integral part of consumers’ daily diets. Health benefits associated with yogurt consumption, which include lowering incidence of high blood pressure, aiding digestion, improving skin tone and being completely organic, have majorly instrumented the growth in global demand for yogurt-based drinks & edibles. At present, Future Market Insights values the global yogurt market at US$ 86.9 Bn, expects it to soar at 10% CAGR, and bring in US$ 232.1 Bn revenues by the end of 2026. Apropos such projections, the demand for yogurt products in the world is bound to surge, compelling food & beverage makers to extend their production capacity, and concurrently improve their offerings for yogurt consumers. Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3228

Yogurt Market: Global Industry Analysis and Opportunity

Assessment, 2016–2026

April 2017

Report Id : REP-GB-3228

Status : Apr - 17

Category : Food and Beverages

©2015 Future Market Insights, All Rights Reserved


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Yogurt Market

Innovative Culinary Recipes will Prompt the Global Sales of Yogurt Products during 2016-2026

One can assume that almost every other new recipe developed by culinary experts from all corners of the

world will contain some significant contribution of milk or its derivatives. Yogurt continues to be one such

by-product of milk that has gained worldwide prevalence for being a key ingredient in specialised

production of foods & beverages. The world has acclimated itself to a daily or regular consumption of

yogurt in moderate volumes. A recent study conducted by Future Market Insights revealed that by the

end of 2016, more than 37,000 KT of yogurt was consumed across the globe. People from all walks of life

have cultured a taste for yogurt drinks & beverages. So much so that yogurt has become an integral part

of consumers’ daily diets.

Health benefits associated with yogurt consumption, which include lowering incidence of high blood

pressure, aiding digestion, improving skin tone and being completely organic, have majorly instrumented

the growth in global demand for yogurt-based drinks & edibles. At present, Future Market Insights values

the global yogurt market at US$ 86.9 Bn, expects it to soar at 10% CAGR, and bring in US$ 232.1 Bn

revenues by the end of 2026. Apropos such projections, the demand for yogurt products in the world is

bound to surge, compelling food & beverage makers to extend their production capacity, and

concurrently improve their offerings for yogurt consumers.

The report, titled “Yogurt Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,”

compiles leading manufacturers of yogurt in the world. These include US-based companies such as

General Mills, Inc., Chobani, LLC, Kraft Foods Group, Inc., and Canada’s Ultima Foods Inc.

©2015 Future Market Insights, All Rights Reserved 4


Yogurt Market

Correspondingly, yogurt sales in North America are projected to soar at 10.3% CAGR and rake in US$ 18.8

Bn by 2026-end. European yogurt manufacturers such as Rainy Lanes Dairy Foods Ltd., Muller UK &

Ireland Group LLP, Sodiaal, Nestle SA and Danone are also prominent players in the global yogurt market.

Together, Eastern Europe and Western Europe are likely to impose one-third share on the global market

value, while yogurt market in the Asia-Pacific excluding Japan (APEJ) region will be consume more than

25,000 KT of yogurt through 2026. Japan’s yogurt market, on the other hand, will witness a relatively

moderate growth, which will be attributed by Yakult Honsha Co. Ltd. – recognised as a leading yogurt

producer in the world.

Supermarket Shelves to Remain Stacked up with Flavoured Yogurt Drinks

The report also reveals that easy availability of raw ingredients has stimulated large-scale production of

yogurt, allowing manufacturers to increasing production of various types of yogurt products. In 2016,

global consumption of fruit-based yogurt reached an estimated 3,591.2 KT. While regular or plain yogurt

will keep garnering consistent demand, global sales of low fat & fat-free yogurt are anticipated to grow at

10.2% CAGR. Although, bland-tasting regular yogurt will keep losing its market presence as a majority of

global yogurt consumers will demand some flavours in these products. Throughout the forecast period,

flavoured yogurt are anticipated to account for more than half of global revenues.

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Yogurt Market

Key findings in the report indicate that almost every other yogurt product in the world will be consumed

in form of drinks. While demand for strained or Greek yogurt is also considerably high, more than 40,000

KT on yogurt will be consumed as drinks or beverages by the end of 2026. Growing consumption of

yogurt is also being facilitated by effective distribution through supermarkets and retail stores.

Collectively, more than three-fourth of global yogurt revenues will emanate from these distribution

channels.

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Table of Content

1. Executive Summary

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

2.3. Dairy & Diary Products Market Overview

3. Global Yogurt Market Analysis Scenario

3.1. Market Volume Analysis

3.2. Pricing Analysis

3.2.1. Price Projections per Region

3.3. Market Size (US$ Bn) and Forecast

3.3.1. Market Size and Y-o-Y Growth

3.3.2. Absolute $ Opportunity

3.4. Market Overview

3.4.1. Value Chain

3.4.2. List of Active Participants

3.4.2.1. Raw Material Suppliers

3.4.2.2. Manufacturers

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Table of Content

4. Market Dynamics

4.1. Macro-economic Factors

4.2. Drivers

4.2.1. Supply Side

4.2.2. Demand Side

4.3. Restraints

4.4. Opportunity

4.5. Regional Trends

4.6. Legislations

4.7. Forecast Factors – Relevance and Impact

4.8. Global Trade Data (2015)

4.9. Middle East & Africa Trade Data

4.10. Certifications & Quality Control

4.11. Packaging Innovation & Trends

5. Global Yogurt Market Analysis and Forecasts, By Form

5.1. Introduction

5.2. Basis Point Share (BPS) Analysis by Form

©2015 Future Market Insights, All Rights Reserved

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Table of Content

5.3. Y-o-Y Growth Projections by Form

5.4. Market Value and Volume Forecast by Form

5.4.1. Set

5.4.2. Strained/Greek

5.4.3. Drinking

5.4.4. Frozen

5.5. Prominent Trends

5.6. Market Attractiveness by Form

6. Global Yogurt Market Analysis and Forecasts, By Type

6.1. Introduction

6.2. Basis Point Share (BPS) Analysis by Type

6.3. Y-o-Y Growth Projections by Type

6.4. Market Value and Volume Forecast by Type

6.4.1. Fruit

6.4.2. Regular/Plain

6.4.3. Low Fat & Fat Free

6.4.4. Flavored

©2015 Future Market Insights, All Rights Reserved

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Table of Content

6.5. Prominent Trends

6.6. Market Attractiveness by Type

7. Global Yogurt Market Analysis and Forecasts, By Distribution Channel

7.1. Introduction

7.2. Basis Point Share (BPS) Analysis by Distribution Channel

7.3. Y-o-Y Growth Projections by Distribution Channel

7.4. Market Value and Volume Forecast by Distribution Channel

7.4.1. Hyper/Super Market

7.4.2. Retail Stores

7.4.3. Convenience Stores

7.4.4. Online

7.5. Prominent Trends

7.6. Market Attractiveness by Distribution Channel

©2015 Future Market Insights, All Rights Reserved

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Table of Content

8. Global Yogurt Market Analysis and Forecasts, By Region

8.1. Basis Point Share (BPS) Analysis by Region

8.2. Y-o-Y Growth Projections by Region

8.3. Market Value and Volume Forecast by Region

8.3.1. North America

8.3.2. Latin America

8.3.3. Western Europe

8.3.4. Eastern Europe

8.3.5. APEJ

8.3.6. Japan

8.3.7. MEA

8.4. Market Attractiveness by Region

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