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Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Definition of Market/Industry:

Yogurt is food produced by bacterial fermentation of milk. These bacteria are known as yogurt cultures and are produced by using cultures of streptococcus thermophiles and Lactobacillus bulgaricus bacteria. Yogurt is a popular fermented milk product and is gaining demand as a healthy food product as it plays an important role in fat loss and enhancing the functioning of the digestive system.

The global yogurt market accounted for US$ 115.4 Bn in 2019 in terms of value and is estimated to reach at US$ 255.3 Bn by the end of 2027 at a CAGR of 10%.

Drivers:

The versatile nature of yogurt and its in different forms is expected to drive the market growth. Yogurt is consumed widely in all types of meals from breakfast to lunch and to dinner. Moreover, it is available in different flavors such as plain, flavored, with toppings, etc. which is also driving growth of the yogurt market. Moreover, consumption of yogurt is not limited to particular age of customers, yogurt are consumed by almost every age group of customers. This is another major factor propelling the market growth of the yogurt during the forecast period.

The easy availability of key ingredients used in the preparation of yogurt is projected to facilitate the market growth. Fruits, milk, sugars, stabilizers, flavors and bacterial culture, are some of the key ingredients used in the manufacturing of yogurt and all these ingredients are easily available at the regional level. Convenience of procuring ingredients, coupled with the increasing development of new products by major producers is projected to propel the demand for yogurt in near future.

Figure 1. Global Yogurt Market, Revenue Share (%), By Region, 2019

Yogurt  | Coherent Market Insights

Asia Pacific excluding Japan dominated the global yogurt market in 2019, accounting for 28.2% share in terms of value, followed by Western Europe and Middle East and Africa, respectively.

Market Restraints

The presence of artificial additives and ingredients such as gelatin and stabilizers in yogurt can have an adverse impact on human health, which in turn, is expected to hamper its consumption and the market growth.

Moreover, increasing incidence of lactose intolerance is likely to hamper demand for yogurt. Lactose intolerance is more likely to eliminate the yogurt from their diet. Individuals with lactose intolerance are unable to digest proteins present in milk and this leads to nausea, bloating, stomach pain, and gas. Thus, the growing prevalence of lactose intolerance is projected to hamper the market growth.

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Yogurt Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 115.4 Bn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 10.0% 2027 Value Projection: US$ 255.3 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Mexico, Rest of Latin America
  • Western Europe: EU5 and rest of Western Europe
  • Eastern Europe: Russia, Poland, and Rest of Eastern Europe
  • Asia Pacific Excluding Japan: China, India, ASEAN, Australia & New Zealand and Rest of Asia Pacific Excluding Japan
  • Japan
  • Middle East & Africa: GCC Countries, Nigeria, Kenya, South Africa, Turkey, Egypt, Tanzania and Rest of MEA
Segments covered:
  • By Form: Set, Strained/Greek, Drinking, and Frozen
  • By Type: Fruit, Regular/Plain, Low Fat & Fat Free, and Flavored
  • By Distribution Channel: Hypermarkets/Supermarkets, Retail Stores, Convenience Stores, and Online Stores
Companies covered:

General Mills Inc., Nestle S.A., Danone, Yakult Honsha Co. Ltd., Ultima Foods, Inc., Chobani, LLC, Sodiaal, Muller UK & Ireland Group LLP, Kraft Foods Group, Inc., and Rainy Lanes Dairy Foods Ltd.

African Players: Parmalat S.p.A., Juhayan Food Industries, Clover S.A. (Pty) Ltd., Chi Limited, Brookside Dairy Limited, Sameer Agriculture & Livestock Limited, Lausanne Dairies (Pty) Ltd., and Jesa Farm Dairy Ltd.

Growth Drivers:
  • The versatile nature of yogurt and its availability in different forms
  • The easy availability of key ingredients used in the preparation of yogurt
Restraints & Challenges:
  • The presence of artificial additives and ingredients in yogurt

Market Opportunities

Growing demand for low fat and fat-free yogurt among health-conscious consumers is expected to serve as a key growth opportunity in near future. Improving standard of living and growing purchasing power among the population has led to an increase in demand for healthy food products. Also, the growing prevalence of lifestyle disorders such as obesity, cardiovascular, and diabetes is expected to drive demand for healthy foods, and thereby facilitate the market growth.

The expansion of the retail industry around the globe is increasing product availability. This is expected to offer potential growth opportunities to players operating in this market. According to the India Brand Equity Foundation, the retail industry in India reached US$ 950 billion in 2018 at a CAGR of 13%; and is expected to reach US$ 1.1 trillion by 2020. Moreover, revenue generated from online retail is projected to reach US$ 60 billion by 2020. Thus, expansion of the retail industry is expected to foster the market growth.

Figure 2. Global Yogurt Market – Opportunity Analysis

Yogurt  | Coherent Market Insights

Market Trends/Key Takeaways

The adoption of advanced technology for packaging of yogurt is contributing to the growth of the global yogurt market. For instance, barrier technology is one such advanced solution which helps in extending the shelf-life of the product by blocking the light without the need for refrigeration. This type of packaging increases the demand for yogurt in the market, owing to convenience and ease of use offered by product.

Flavored Greek yogurt is gaining popularity among health-conscious consumers and this is projected to propel the market growth of the yogurt during the forecast period. For instance, in March 2017, Danone India Pvt. Ltd, one of the leading global nutrition and food product manufacturer in India, introduced its brand of Greek yogurt. Danone’s Greek yogurt is priced at Rs. 35 for an 80-gram cup, and is available in India in blueberry and mango flavors.

Figure 3. Global Yogurt Market, Revenue Share (%), By Form in 2019

Yogurt  | Coherent Market Insights

The drinking segment dominated the global yogurt market in 2019, accounting for 44.10% share in terms of value, followed by Strained/Greek and set segment respectively

Global Yogurt Market - Impact of Coronavirus (COVID-19) Pandemic

The yogurt market is expected to witness growth during the pandemic as consumption of yogurt and other fermented foods rich in probiotics helps to improve immunity and reduce inflammation. Moreover, there is a surge in the demand for packed food products owing to increase in health and hygiene awareness among people globally. Thereby, the aforementioned reasons are some of the key factors expected to increase the demand for the yogurt over the forecast period.

Value Chain Analysis

Yogurt  | Coherent Market Insights

Company Names

  1. General Mills, Inc.
  2. Nestle SA
  3. Danone
  4. Yakult Honsha Co., Ltd.
  5. Ultima Foods Inc.
  6. Chobani, LLC
  7. Sodiaal
  8. Muller UK & Ireland Group LLP
  9. Kraft Foods Group, Inc.
  10. Rainy Lanes Dairy Foods Ltd.

African Key Players

  1. Parmalat S.p.A.
  2. Juhayna Food Industries
  3. Clover S.A. (Pty) Ltd.
  4. Chi Limited
  5. Brookside Dairy Limited
  6. Sameer Agriculture & Livestock Limited
  7. Lausanne Dairies (Pty) Ltd
  8. Jesa Farm Dairy Ltd

Recent Developments:

In November 2019, Chobani, one of the leading manufacturer of greek yogurt in America, launched oat-based yogurt, traditional Greek yogurt with the popular cereal grain on the bottom, as well as oat milk for coffee shops.

People all over the world are becoming more heath conscious and choosing healthy diet to maintain a healthy lifestyle. Yogurt, being a source of nutrients required for maintaining good health and several other benefits associated with it, is gaining preference among the population irrespective of age, gender and region. Further, over the years, the consumption of yogurt has gone from strength to strength at different meal occasions — from breakfast to lunch and supper to dinner, becoming the favourite among consumers from all age groups.

The availability of yogurt in different product forms, tastes, i.e. plain, flavoured, with toppings, etc. has helped the product to become a universal dairy product. Since yogurt is easy to swallow, it is considered as a key protein source for young children and elderly persons. The emergence of yogurt as a food product, consumption of which is not limited to particular meal time or consumers, is expected to drive its demand over the coming years

Moreover, strategies adopted by major players such as partnerships and merger & acquisitions are expected to facilitate market growth. For instance, in June 2016, General Mills entered a strategic sourcing partnership with Organic Valley, to assist the conventional dairy farms transition to certified organic products.

Key features of the study:

  • This report provides in-depth analysis of global yogurt market size (US$ Million & KT), and Compound Annual Growth Rate (CAGR %) for the forecast period (2020 – 2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new Product  launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global yogurt market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study are General Mills Inc., Nestle S.A., Danone, Yakult Honsha Co. Ltd., Ultima Foods, Inc., Chobani, LLC, Sodiaal, Muller UK & Ireland Group LLP, Kraft Foods Group, Inc., Rainy Lanes Dairy Foods Ltd. and African Players; Parmalat S.p.A., Juhayan Food Industries, Clover S.A. (Pty) Ltd., Chi Limited, Brookside Dairy Limited, Sameer Agriculture & Livestock Limited, Lausanne Dairies (Pty) Ltd., Jesa Farm Dairy Ltd.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, product  up-gradation, market expansion, and marketing tactics
  • The global yogurt market report caters to various stakeholders in this industry including investors, suppliers, global yogurt manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global yogurt market.

Detailed Segmentation:

  • Global Yogurt Market, By Form:
    • Set
    • Strained/Greek
    • Drinking
    • Frozen
  • Global Yogurt Market, By Type:
    • Fruit
    • Regular/Plain
    • Low Fat & Fat Free
    • Flavoured
  • Global Yogurt Market, By Distribution Channel:
    • Hyper/Supermarkets
    • Retail Stores
    • Convenience Stores
    • Online
  • Global Yogurt Market, By Region:
    • North America
      • U.S.
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
      • Canada
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
    • Latin America
      • Brazil
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
      • Mexico
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
      • Rest of Latin America
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
    • Western Europe
      • EU5
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
      • Rest of Western Europe
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
    • Eastern Europe
      • Russia
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
      • Poland
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
      • Rest of Eastern Europe
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
    • Asia Pacific Excluding Japan
      • China
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
      • India
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
      • ASEAN
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
      • Australia & New Zealand
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
      • Rest of Asia Pacific Excluding Japan
        • By Form
          • Set
          • Strained/Greek
          • Drinking
          • Frozen
        • By Type:
          • Fruit
          • Regular/Plain
          • Low Fat & Fat Free
          • Flavoured
        • By Distribution Channel
          • Hyper/Supermarkets
          • Retail Stores
          • Convenience Stores
          • Online
    • Japan
      • By Form
        • Set
        • Strained/Greek
        • Drinking
        • Frozen
      • By Type:
        • Fruit
        • Regular/Plain
        • Low Fat & Fat Free
        • Flavoured
      • By Distribution Channel
        • Hyper/Supermarkets
        • Retail Stores
        • Convenience Stores
        • Online
    • Middle East and Africa
      • By Form
        • Set
        • Strained/Greek
        • Drinking
        • Frozen
      • By Type:
        • Fruit
        • Regular/Plain
        • Low Fat & Fat Free
        • Flavoured
      • By Distribution Channel
        • Hyper/Supermarkets
        • Retail Stores
        • Convenience Stores
        • Online
  • Company Profiles
    • General Mills, Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Nestle SA
    • Danone
    • Yakult Honsha Co., Ltd.
    • Ultima Foods Inc.
    • Chobani, LLC
    • Sodiaal
    • Muller UK & Ireland Group LLP
    • Kraft Foods Group, Inc.
    • Rainy Lanes Dairy Foods Ltd.
    • Parmalat S.p.A.
    • Juhayna Food Industries
    • Clover S.A. (Pty) Ltd.
    • Chi Limited
    • Brookside Dairy Limited
    • Sameer Agriculture & Livestock Limited
    • Lausanne Dairies (Pty) Ltd
    • Jesa Farm Dairy Ltd

“*” marked represents similar segmentation in other categories in the respective

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Form
      • Market Snippet, By Type
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • Key Developments
  4. Global Yogurt Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overview
    • Factors Affecting Global Yogurt Market – COVID-19
  5. Global Yogurt Market, By Form, 2017 - 2027 (US$ Billion & KT)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Set
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Strained/Greek
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Drinking
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
    • Frozen
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
  6. Global Yogurt Market, By Type, 2017 - 2027 (US$ Billion & KT)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Fruit
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Regular/Plain
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Low Fat & Fat Free
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Flavored
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
  7. Global Yogurt Market, By Distribution Channel, 2017 - 2027 (US$ Billion & KT)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Hyper/supermarkets
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
    • Retail Stores
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Convenience Stores
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Online Stores
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
  8. Global Yogurt Market, By Region, 2017- 2027 (US$ Billion & KT)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2020 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
      • Market Size and Forecast, By Form, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Type, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & KT)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
      • Market Size and Forecast, By Form, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Type, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & KT)
    • Western Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
      • Market Size and Forecast, By Form, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Type, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & KT)
    • Eastern Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
      • Market Size and Forecast, By Form, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Type, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & KT)
    • Asia Pacific Excluding Japan
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
      • Market Size and Forecast, By Form, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Type, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & KT)
    • Japan
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Market Size and Forecast, By Form, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Type, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & KT)
    • Middle East and Africa
      • Market Share Analysis, By Sub-Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Sub-Region, 2020 - 2027
      • Market Size and Forecast, By Form, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Type, 2017- 2027 (US$ Billion & KT)
      • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & KT)
  9. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
    • General Mills Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
    • Nestle S.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Danone
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Yakult Honsha Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Ultima Foods, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Chobani LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Sodiaal
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Muller UK & Ireland Group LLP
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Kraft Foods Group, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Rainy Lanes Dairy Foods Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Parmalat S.p.A
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Juhayan Foods Industries
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Clover S.A. (Pty) Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Chi Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Brookside Dairy Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Sameer Agriculture & Livestock Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Lausanne Dairies (Pty) Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Jesa Farm Dairy Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
  10. Competitive Landscape
    • Research Methodology
    • About us and Sales Contact

Frequently Asked Questions

The market is expected to surpass US$ 255.3 billion by 2027 witnessing a CAGR of 10.0% between 2020 and 2027.
The versatile nature of yogurt and its availability in different forms is driving the market growth.
The adoption of advanced packaging technology by manufacturers is contributing to the growth of the market.
The presence of artificial additives and ingredients in yogurt restraints the market growth.
Major players operating in the global yogurt market are General Mills Inc., Nestle S.A., Danone, Yakult Honsha Co. Ltd., Ultima Foods, Inc., Chobani, LLC, Sodiaal, Muller UK & Ireland Group LLP, Kraft Foods Group, Inc., and Rainy Lanes Dairy Foods Ltd.
African Players: Parmalat S.p.A., Juhayan Food Industries, Clover S.A. (Pty) Ltd., Chi Limited, Brookside Dairy Limited, Sameer Agriculture & Livestock Limited, Lausanne Dairies (Pty) Ltd., and Jesa Farm Dairy Ltd.
The market was valued at US$ 126.5 billion in terms of revenue in 2020.
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