Yogurt Market Size, Demand, Growth Opportunities, Industry Analysis and Forecast, 2017-2023

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Yogurt market

Yogurt Market by Type, Distribution Channel – Global Opportunity Analysis and Industry Forecast, 2017-2023

PORTLAND, OR, UNITED STATES, September 24, 2021 /EINPresswire.com/ – Global Yogurt market was $ 77,679 million in 2016 and is projected to rise to $ 107,209 million by 2023, with an annual growth rate of 4.6% from 2017 to 2023. Yogurt is a sour food product that is often sweetened or flavored and is homogenized and Fermentation of pasteurized milk is produced. It is consumed in various forms such as beverages, snacks, meal replacements, desserts, high protein sports drinks, and various other forms. The health benefits associated with eating yogurt include healthy digestion, lower risk of type 2 diabetes, protection from colon cancer, prevention and treatment of osteoporosis, improved weight and fat loss, improved Immune system as well as reducing high blood pressure and bad cholesterol.

The other sales channels are the fastest growing segment consisting of online stores and home deliveries as these are more convenient for consumers. Also, the rise in people’s fitness concerns has resulted in robust yogurt sales due to its high protein content and several health benefits.

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Yogurt and its various flavors are a healthy, versatile and practical food with a characteristic fullness and a pleasant taste. It contains healthy bacteria that are useful for the gut, so it’s a good probiotic that will make weight management, digestion, absorption of vitamins and minerals, and more, easier. Yogurt is available in the market in a variety of shapes and packaging, from cups, tubs, and tubes to drinkable yogurt like kefir. It also cures or prevents diarrhea, constipation, and gas.

The main drivers for the global yogurt market are the health benefits associated with eating yogurt and the increasing attention of people in different regions about weight loss. The additional facts supporting the growth of the market are the growth of the retail market and the low lactose content for people with lactose intolerance willing to eat dairy products. However, the artificial additives and ingredients found in certain types of yogurt, as well as the hormonal treatment of cows that cause fatal diseases, can limit yogurt consumption and limit market growth. The rising demand for yogurt in emerging markets due to rising disposable incomes and health awareness is expected to offer ample opportunities for the global yogurt market to expand.

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The global yogurt market is mainly driven by the health benefits associated with eating yogurt and increasing people’s awareness of weight loss. Other factors supporting the market growth are the expansion of the retail market in different regions and the lower lactose content for people with lactose intolerance willing to eat dairy products. Some of the key players in raising awareness and promoting consumption of spoonable and drinkable yogurt are Yakult, Danone, Nestle, Chobani, and others. However, artificial additives and ingredients added to yogurt and harmful hormonal treatment of dairy cows can limit yogurt consumption. The increasing demand for yogurt in developing countries due to rising disposable incomes and increasing health awareness is expected to offer numerous opportunities for the development of the global yogurt market.

Major leading players in the yogurt industry are Danone, Nestl, Parmalat SpA, Yakult, Chobani LLC, Yoplait, Arla Foods, Mller, Britannia Industries Limited and FrieslandCampina.

Other players in the value chain include Mother Dairy, Lactalis, Amul, Emmi Group, CoolBrands International, Dean Foods, Saputo Inc., Valio Oy, Juhayna Food Industries, Nile Co for Food Industries (Enjoy), Centrale Laitire, Autres grandes firmes , SORIL, Groupe Poulina, Filippou Group (FAGE), Vivartia SA and CERPL – Consorzio Emiliano Romagnolo Produttore Latte Scar.

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Main benefits for stakeholders

This report provides a comprehensive analysis of the current trends and emerging estimates and dynamics of the global Yogurt Market.
A comprehensive analysis of the factors driving and restraining the growth of the market is provided.
A detailed analysis of the industry based on type and sales channel helps to understand the trending product type and other potential variants.
Porter’s Five Forces analysis highlights the capabilities of buyers and suppliers to enable stakeholders to make for-profit business decisions and strengthen their supplier-buyer network.
A comprehensive market analysis is carried out by following the most important product positioning and the monitoring of the top players in the market framework.

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