Key Players Profiled in the Global Savory Yogurt Foods Market, MRFR Unleashes the forecast for 2022 – 2030

February, 2022/MRFR Press Release/- Market Research Future has published a report on the Global Savory Yogurt Foods Market

Overview:

Nutritious, savory yogurt foods are vegetarian and gluten-free and are considered as the world's easiest breakfast and the best option for those morning persons those think that breakfast is an opportunity to start the day on the right foot. Savory yogurt is made from locally sourced milk, probiotic cultures, and sea salt, which is an excellent source of protein.

It is used as a part of the meal or consumed on social or traditional occasions. Savory yogurt is used for enhancing the taste of the meal. Grass-fed milk is mainly used in the production of savory yogurt to enhance the natural flavor, which is considered as a source of Omega-3 fatty acids with potent anti-inflammatory properties.

Owing to its health beneficial properties, savory yogurt foods is extensively consumed, worldwide. The large consumption leads to creating a massive demand that continually increases the market size of savory yogurt foods. Moreover, the consumer’s inclination towards consuming healthy food products escalates the market on the global platform.  

Acknowledging the enormous growth, the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global savory yogurt food market is anticipated to post a healthy CAGR during the forecast period (2022 – 2030).

The increasing per capita disposable income and changing eating habits of consumers are two of the key driving forces behind the market growth. Yogurt is rich in calcium and proteins, and its health benefits include boosting the immune system, combating diarrhea and constipation, etc. Moreover, factors such as the increasing awareness of savory yogurt benefits and availability of various kind of flavored yogurt are driving the market.

In addition, the worldwide increase in vegan population and growing consumer awareness regarding the health benefits of savory yogurt is expected to boost the demand for the product. Furthermore, factors such as the increasing consumer demand for savory yogurt, the changing perception of customers inclining towards savory yogurt and other healthy food is heavily influencing the global savory yogurt foods market.

On the flip side, factors such as the health concerns associated with the fat content in the yogurt and lactose intolerance may restrain the growth of this market. Also, the cost of Savory Yogurt Foods is towards slightly at higher side, which may pose challenges to the market growth. Nevertheless, factors such as the introduction of low-fat yogurt and innovations shall help in the development of this market. Global Savory Yogurt Foods Market – Segments

For enhanced understanding, the report has been segmented into three key dynamics.

By Product : Drinks, Fruit-flavored foods, Vegetable-flavored foods, and Desserts among others.

By Type : Strained, Unstrained, Flavored, Low Fat, and Full Fat among others.

By Regions : Asia Pacific, North America, Europe, and the Rest-of-the-World.

 Global Savory Yogurt Foods Market –

Regional Analysis

The North American region, heading with the presence of the largest manufacturers is expected to retain its dominance over the global savory yogurt foods market throughout the forecast period. Moreover, factors such as the increasing consumer demand for flavors such as Chipotle Pineapple and Sirach Mango in the US is driving the savory yogurt market in the region.

The European region accounts for another lucrative market for the savory yogurt foods owing to the well-spread Health awareness in the region. Also, factors such as the shifting food preference that is witnessing an inclination towards the convenience foods are fostering the growth of the savory yogurt foods market in the region.

Savory yogurt is a part of the meal especially in Germany and the UK. Additionally, the increase in the per capita disposable income and consumer demand for savory yogurts in France, Germany, and the UK is positively impacting market growth.

The savory yogurt foods market in the Asia Pacific region is rapidly emerging as a profitable market, globally. The APAC has a huge fastest growing market and countries such as India, China, and Japan are expected to register considerable growth in the regional savory yogurt foods market.

The growing population in India and China coupled with a healthy economic outlook creates a significant opportunity for the growth of savory yogurt market in the Asia Pacific region.

Latin America and MEA are anticipated to witness modest growth rate over the forecast period, attributing to the rise in health awareness, demand for nutritious & healthy food, and changing lifestyle in Brazil, South Africa, and GCC countries.

Global Savory Yogurt Foods Market – Competitive Analysis

Highly competitive, the savory yogurt foods market appears fragmented with the presence of many small and big players operating in the global market. They compete other on the basis of price, quality, innovation, reputation, and distribution. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players.

These strategic initiatives are expected to improve product portfolio and increase production capacity meeting the rapidly growing demand, particularly in the emerging regions. Manufacturers of savory yogurt are focused on innovations in the flavors and are using grass-fed milk for savory yogurt production which is identified as a key trend.

Major Players

Key players leading the global savory yogurt foods market include Chobani LLC (U.S), Blue Hill Inc. (U.S.), Noosa (U.S.), The Icelandic Milk and Skyr Corporation (U.S.), Wallaby Yogurt Company (U.S.), and Fage International S.A. (Luxembourg) among others.

Industry/Innovation/Related News:

November 19, 2018 ---- Chobani LLC (the U.S), a dairy processor specializing in strained yogurt unveiled its new yogurt line - Gimmies kids’ yogurt brand. The company is hoping to unlock an incremental growth opportunity in the yogurt category with the launch of Gimmies, a dedicated brand supported by a new set of characters designed to appeal to kids.

August 10, 2018 ---- Chobani LLC (the U.S), a dairy processor specializing in strained yogurt launched a new product - Chobani Savor for Greek yogurt lovers looking to spice up their meals. Chobani Savor retails that comes in a resealable pouch, has 50 percent fewer calories, 75 percent less fat and twice the protein of sour cream.