Yogurt Market

Yogurt Market: Global Industry Analysis and Opportunity
Assessment, 2016–2026
April 2017
Report Id : REP-GB-3228
Status : Apr - 17
Category : Food and Beverages
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Research Methodology (1/2)
Systematic Research Approach
Market profiling
Formulating discussion guide
Developing list of respondents
In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
Data collection
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data validation
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
Data analysis
Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
Research &
Data Filter
& Analysis
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
Primary Research #
Key industry experts
Channel study
Market dynamics
Secondary Research #
Company websites
Company annual
White papers
Financial reports
Paid Publications#
# includes sources of databases
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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.
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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
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Table of Content
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 Raw Material Suppliers Manufacturers
/ Retailers
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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
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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
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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
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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
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8.3.4. Eastern Europe
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8.3.5. APEJ
8.3.6. Japan
8.3.7. MEA
8.4. Market Attractiveness by Region
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