Uploaded on Jun 2, 2023
The flavored yogurt market growth is propelled by the growing awareness of the health benefits of yogurt. Active and health conscious consumers have shifted their preference toward nutritional food products including flavored yogurt and other dairy products. Yogurt is a rich source of various essential nutrients including calcium, protein, phosphorus, potassium, and vitamins. It is also suitable for fortification to enhance the nutritional value of yogurt and flavor addition to enhance the taste and visual appeal of the product.
Flavoured yogurt Market Growth, Analysis Report,
Flavoured yogurt
Market Growth,
Analysis Report, Share,
Trends and Overview
2026
According to a new report published by Allied Market Research, titled, "
Flavored yogurt Market by Type, Application, and Form: Global
Opportunity Analysis and Industry Forecast, 2019-2026," the global
flavored yogurt market size was at $63.6 billion in 2018 and is anticipated to
reach $92.3 billion by 2026, with a CAGR of 4.8% during the forecast period.
The market is expected to exhibit an incremental revenue opportunity of
$28.7 billion from 2018 to 2026. Strawberry, vanilla, peach and blueberry are
the most popular yogurts flavors preferred by the consumers due to their
characteristic aroma and taste. Flavored yogurt are the popular choice of
breakfast, snack, dessert and beverage among health-conscious consumers.
Due to the busy lifestyle, consumers have shifted their preference towards
the consumption of convenience food products. Owing to the nutritional
properties and wide range of flavors and product types available, flavored
yogurt have become one of the most preferred choice of convenience food
among the consumers.
The flavored yogurt market growth is propelled by the growing awareness of
the health benefits of yogurt. Active and health conscious consumers have
shifted their preference toward nutritional food products including flavored
yogurt and other dairy products. Yogurt is a rich source of various essential
nutrients including calcium, protein, phosphorus, potassium, and vitamins. It
is also suitable for fortification to enhance the nutritional value of yogurt and
flavor addition to enhance the taste and visual appeal of the product.
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The flavored yogurt market is segmented on the basis of flavor, distribution channel, type,
and region. Based on flavor, the flavored yogurt market is categorized into strawberry,
vanilla, peach, blueberry, and others. Strawberry has been the most preferred choice of
flavored yogurt among the consumers due to the fresh color, characteristic sweet taste and
the smooth texture. The strawberry segment was valued at $25.8 billion and is expected to
grow with a CAGR of 4.3% from 2019 to 2026, to reach $36.1 billion by 2026. The blueberry
segment is estimated to be the fastest growing segment, with a CAGR of 5.8% during the
forecast period.
On the basis of distribution channel, it is categorized into supermarket/hypermarket,
convenience stores, e commerce, and others. The supermarket/hypermarket segment led
the flavored yogurt market in terms of distribution channel and is expected to growth with a
CAGR of 4.8% during the forecast period. The segment is expected to reach $33.8 billion by
2026. The E commerce segment is anticipated to be the fastest growing segment during the
flavored yogurt market forecast. Growing smartphone penetration and growing number of
consumers seeking convenient lifestyle is likely to drive the flavored yogurt market through
e commerce distribution channel.
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Key Findings of the Flavored Yogurt Market :
The flavored yogurt market was valued at $ 63.6 billion in 2018 and is
estimated to reach $92.3 billion by 2026, growing at a CAGR of 4.8% during the
forecast period.
By type, the organic segment is estimated to witness the fastest growth,
registering a CAGR of 11.6% during the forecast period.
In 2018, by distribution channel, the supermarket/hypermarket segment held
the highest share, accounting for one third of the global flavored yogurt market
share.
In 2018, Germany was the most prominent market in the Europe region and is
expected to grow at a significant CAGR throughout the forecast period.
The key players profiled in this report include Danone, Nestle, Chobani LLC,
General Mills, Arla Foods, Müller, Fage International S.A., Stonyfield Farm Inc.,
Emmi Group, and Cabot Creamery.
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this helps us in digging out market data that helps us generate accurate
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forecasting. Each and every data presented in the reports published by
us is extracted through primary interviews with top officials from leading
companies of domain concerned. Our secondary data procurement
methodology includes deep online and offline research and discussion
with knowledgeable professionals and analysts in the industry.
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