Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
The flavored yogurt market is shaped by a variety of market factors that collectively influence its growth and dynamics. One of the driving forces behind the expansion of this market is the increasing focus on health and wellness among consumers. With a growing awareness of the importance of maintaining a balanced diet, flavored yogurt has gained popularity as a tasty and nutritious snack. Yogurt, enriched with probiotics and essential nutrients, is perceived as a convenient option for those seeking a healthy indulgence.
Changing dietary habits and lifestyle choices also contribute significantly to the dynamics of the flavored yogurt market. As consumers look for convenient, on-the-go options, flavored yogurt serves as a versatile and satisfying choice. Its portability and wide array of flavors cater to the diverse preferences of modern consumers, allowing them to enjoy a quick and delicious snack without compromising on nutritional value.
The influence of flavor trends cannot be overstated in the flavored yogurt market. Consumer preferences for unique and exotic flavors, such as exotic fruits, spices, and innovative blends, drive product development and innovation within the market. Companies are continually introducing new flavor profiles to capture the attention of consumers looking for exciting taste experiences. The ability to adapt to and anticipate flavor trends becomes a crucial factor for success in this dynamic market.
Economic factors play a pivotal role in shaping the flavored yogurt market as well. Disposable income and purchasing power influence consumers' spending on premium and specialty yogurt products. During economic downturns, there may be a shift towards more budget-friendly options, while periods of economic prosperity may see an increase in demand for premium and indulgent flavored yogurts. The market's resilience lies in its ability to offer a range of products that cater to various income levels and consumer preferences.
Marketing and branding strategies are integral market factors in the flavored yogurt industry. Strong branding, effective advertising, and strategic positioning help companies differentiate their products in a competitive landscape. Building a positive brand image and effectively communicating the unique selling propositions of flavored yogurt varieties are crucial for attracting and retaining consumers. Social media platforms and digital marketing play a significant role in reaching and engaging with the target audience.
The dairy-free and plant-based movements have also left a notable impact on the flavored yogurt market. With an increasing number of consumers adopting plant-based diets or looking for dairy alternatives, the market has witnessed the introduction of a variety of non-dairy yogurt options. These alternatives, often made from ingredients like almond, soy, or coconut, cater to individuals with lactose intolerance or those choosing plant-based lifestyles. The demand for plant-based flavored yogurts continues to rise, prompting companies to expand their offerings in this segment.
Globalization and international trade contribute to the diversity of flavored yogurt offerings. As consumers become more adventurous in their food choices, the market sees an influx of flavors inspired by various cuisines from around the world. This globalization trend not only broadens the flavor palette but also presents opportunities for market expansion into different regions.
Environmental and sustainability considerations are increasingly influencing consumer choices and, consequently, the flavored yogurt market. Companies adopting eco-friendly packaging and sustainable sourcing practices are likely to gain favor among environmentally conscious consumers. As sustainability becomes a focal point, market players need to integrate responsible practices into their operations to align with evolving consumer values.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 4.7% |
Flavored Yogurt Market Highlights:
Global Flavored Yogurt Market Overview
Flavored yogurt market is anticipated to record a robust CAGR of approximately 5.4% USD 77.5 billion 2022-2030.
nutritious food product that contains a high percentage of proteins, potassium, and calcium. Yogurt is low in calorie content, making it an ideal choice for health-conscious people. Furthermore, it is an option for lactose-intolerant people owing to its lactose content in the form of lactic acid. All of these factors are boosting the demand for yogurt across the globe.
Furthermore, the launch of several new flavors of yogurts such as raspberry, blueberry, banana, and chocolate are likely to accelerate the growth of the flavored yogurt market’s growth over the assessment era. Moreover, the fact that it is easy to carry and readily available makes it an ideal snack for consumers. On the other hand, the artificial sweeteners in yogurt and the increasing use of preservatives are anticipated to impede the market’s growth in the forecasted era.
Segmentation
Flavored Yogurt Market has been segmented based on flavor, product type, distribution channel, and region.
The global market has been classified, based on flavor, as vanilla, blueberry, strawberry, raspberry, mango, and others
The global market has been segmented, on the basis of product type, into conventional, fat-free, and low-fat.
On the basis of distribution channel, the global market has been bifurcated into store-based and non-store-based. The store-based segment has further been segregated into supermarkets and hypermarkets, convenience stores, and others.
The global flavored yogurt industry has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North American flavored yogurt industry has been segmented into the US, Canada, and Mexico.
The European flavored yogurt market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe.
The flavored yogurt industry in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific.
The flavored yogurt industry in the rest of the world has been segmented into South America, the Middle East, and Africa.
Key Players
- Mother Dairy Fruit & Vegetable Pvt. Ltd. (India)
- Groupe Lactalis (France)
- Fields’ Original Cookies Inc (US)
- Emmi Group AG (Switzerland)
- Dean Foods Company (US)
- Saputo Inc (Canada)
- Valio Ltd (Finland)
- Arla Foods amba (Denmark)
- Juhayna Food Industries (Egypt)
- Société des Produits Nestlé S.A. (Switzerland)
- Chobani LLC. (US)
- General Mills Inc. (US)
- Sweet Frog Enterprises LLC (US)
- Red Mango FC LLC (US)
- Danone S.A. (France)
Regional Market Summary
Global Flavored Yogurt Market Share (%), by Region, 2018 
Source: Secondary Sources and MRFR Analysis
The market in North America is expected to dominate the flavored yogurt industry due to increasing awareness of the benefits of consuming yogurt and the preference for low-calorie snacks. Moreover, the easy availability of yogurt in a variety of flavors and continuous developments of new flavors are expected to boost the growth of the flavored yogurt industry. Furthermore, the new concept of the split pot which enables the market players to market yogurt as a complete meal by adding some eatables with yogurt is projected to boost the flavored yogurt market growth in this region.
The market in Asia-Pacific is expected to register the highest CAGR during the review period owing to the changing lifestyles and preference for on-the-go food. Moreover, increasing per capita disposable incomes in many Asian countries like India and China are projected to bolster the growth of the flavored yogurt industry in this region.Recent Development
- March 2022 – Evergreen Licensing has announced resuming its long history in licensing and is happy to introduce Dippin’ Dots Popcorn! Evergreen Licensing, in partnership with Dippin’ Dots and their iconic beaded ice cream flavors, alongside its sister brand, Doc Popcorn and Brand Squared Licensing, its long-term Licensing Agency, has announced the extension of the brand into the rapidly growing licensed popcorn category.
- December 2021- Valio USA happily announced the launch of its range of Oddlygood oat yogurtsacross the US market in its first plant-based yogurt launch in the US. Valio USA, widely popular for its plant-based cheeses, has taken the stance towards the development in the form of oat yogurt!
Global Flavored Yogurt Market, by Flavor
- Vanilla
- Blueberry
- Strawberry
- Raspberry
- Mango
- Others
Global Flavored Yogurt Market, by Product Type
- Conventional
- Fat-Free
- Low-Fat
Global Flavored Yogurt Market, by Distribution Channel
- Store-Based
- Supermarkets and Hypermarkets
- Convenience Stores
- Others
- Non-Store-Based
Global Flavored Yogurt Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia and New Zealand
- Rest of Asia-Pacific
- Rest of the World (RoW)
- South America
- Middle East
- Africa
Intended Audience
- Flavored yogurt manufacturers
- Raw material suppliers and distributors
- Retailers, supermarkets, and hypermarkets
- Traders, exporters, and importers
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
