FACTS AT A GLANCE
Edition: 19; Approved: April 2021
Executive pool: 2491
Companies: 54 – Players covered include Arla Foods Ltd .; Britannia Industries Ltd .; Chobani LLC; Groupe Danone; Muller UK & Ireland Group LLP (Muller Milk & Ingredients); Nestlé SA; Parmalat SpA; Royal FrieslandCampina NV; Yakult Honsha Co., Ltd .; Yoplait United States of America, Inc. and others.
Cover: All major regions and key segments
Segments: Type (set of yogurt, Greek yogurt, yogurt drinks and frozen yogurt) and distribution channel (supermarkets / hypermarkets, independent retailers, specialty retailers, convenience stores and other distribution channels)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and rest Europe); Asia Pacific (Australia; India; South Korea; and rest Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest Latin America); middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest middle East); and Africa.
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Reaching global yogurt market $ 103.3 billion by 2026
In the midst of the COVID-19 crisis, the global yogurt market is estimated at $ 85.6 billion in 2020 is expected to reach a revised size of $ 103.3 billion until 2026 with a CAGR of 3.1% in the analysis period. Set Yogurt, one of the segments analyzed in the report, is expected to have a CAGR and reach of 2.8% $ 47.2 billion until the end of the analysis period. After a thorough analysis of the business impact of the pandemic and the economic crisis it caused, growth in the Greek Yogurt segment will be adjusted to a revised CAGR of 2.5% for the next 7 year period.
The US market is estimated at $ 23.7 billion in 2021, while China is expected to reach $ 20.7 billion by 2026
The yogurt market in the US is valued at $ 23.7 billion in 2021. China, the second largest economy in the world, is expected to reach a market size of $ 20.7 billion by 2026 with a CAGR of 5.7% in the analysis period. Other notable geographic markets include Japan and Canadawho forecast growth of 0.8% and 2.3% respectively in the analysis period. Within Europe, Germany is forecast to grow around 1.5% CAGR.
Achieve yogurt drinks segment $ 32 billion by 2026
In the global yogurt drinks segment United States of America, Canada, Japan, China and Europe will drive the 3.4% CAGR estimated for this segment. These regional markets make a combined market size of $ 19.4 billion in 2020 will reach a projected size of $ 24.5 billion until the end of the analysis period. China will be one of the fastest growing in this cluster of regional markets. More
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