What Factors Propelled The Growth Of The Flavored Yogurt Market In The Past?
The flavored yogurt market has seen considerable growth due to a variety of factors.
• The size of the flavored yogurt market has seen significant expansion in the past few years. The market, which was estimated at $60.57 billion in 2024, is projected to rise to $65.01 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 7.3%. This growth during the historical period is tied to factors such as health and nutrition fads, the rise of dairy-free substitutes, the push towards transparent labelling, and the emerging snack culture.
What Are the Future Growth Projections for the Flavored Yogurt Market Size?
The Flavored Yogurt market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size for flavored yogurt is anticipated to witness robust expansion. It is projected to reach $89.2 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.2%.
The expansion expected over the projection period can be credited to the advent of unique consumption formats, increased focus on customization and personalization, transparency in health benefits, use of various dairy sources, and environmentally-friendly packaging. Notable trend shifts during this forecast period will include the integration of functional ingredients, diversity of flavors, convenience and portability, and emergence of plant-based alternatives.
What Are The Core Factors Supporting Growth In The Flavored Yogurt Market?
The growth of the flavored yogurt market is anticipated to be fueled by the rising health awareness among consumers. These health-conscious consumers (HCCs) lead a lifestyle centered around wellness and exhibit concern regarding their surroundings and nutrition. They show interest in consuming healthier products like yogurt, which promotes digestive health and maintains weight. The Organic Trade Association (OTA), a US-based organic industry business association, reported in May 2023 that organic food sales in the United States rose from $59.1 billion in 2021 to $61.7 billion in 2022, marking a 4.3% increase and surpassing the $60 billion threshold for the first time. Hence, the surging health consciousness among consumers is expected to boost the demand for flavored yogurt.
What Are The Major Segments Within The Global Flavored Yogurt Market?
The flavored yogurt market covered in this report is segmented –
1) By Type: Organic, Conventional
2) By Form: Spoonable, Drinkable
3) By Flavor: Strawberry, Blueberry, Vanilla, Peach, Other Flavors
4) By Distribution Channel: Supermarket, Convenience Stores, Online, Other Distribution Channels
5) By End Use: Food And Beverage Industry, HoReCa (Hotel, Restaurant, Cafe), Household Retail
Subsegments:
1) By Organic: Whole Milk Organic Yogurt, Low-Fat Organic Yogurt, Non-Fat Organic Yogurt, Greek Organic Yogurt, Plant-Based Organic Yogurt
2) By Conventional: Whole Milk Conventional Yogurt, Low-Fat Conventional Yogurt, Non-Fat Conventional Yogurt, Greek Conventional Yogurt, Plant-Based Conventional Yogurt
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Which Trends Are Expected To Transform The Flavored Yogurt Market?
The emergence of product innovations has been identified as a key development trend in the flavored yogurt market. Major industry players are focusing their efforts on creating new products, like plant-based yogurt, to provide consumers with sustainable options that still offer health benefits. An example of this is So Delicious Dairy Free, a US-based dairy food product producer, who launched an innovatively new 0g Added Sugar Coconutmilk Yogurt Alternative in March 2023. As one of the first yogurt substitutes to derive its sweetness from fruit, the flavourful 0g Added Sugar Coconut milk Yogurt Alternative is revolutionising the yogurt segment. The product is non-GMO Project verified, vegan certified, and free from dairy, added sugar, and other artificial sweeteners.
Who Are the Key Players In The Flavored Yogurt Market?
Major companies operating in the flavored yogurt market include:
• Danone SA
• Groupe Lactalis SA
• Chobani LLC
• Arla Foods AMBA
• Emmi Nederland BV
• Ultima Foods Inc.
• Nestlé SA
• Sodiaal Union
• Theo Müller Group
• Parmalat SpA
• Chi Limited
• Mother Dairy Fruit & Vegetable Private Limited
• Britannia Nutrition Foundation Co.
• General Mills Inc.
• Stonyfield Farm Inc.
• Valio Ltd.
• Brown Cow Farm
• Ellenos Real Greek Yogurt Co.
• FAGE International S.A.
• Forager Project LLC
• Horizon Organic Inc.
• Icelandic Provisions Inc.
• Liberté Inc.
• Lifeway Foods Inc.
• Mountain High Inc.
• Nancy's Yogurt
• Noosa Yoghurt
What Is The Most Dominant Region In The Flavored Yogurt Market?
Europe was the largest region in the flavored yogurt market in 2024. The regions covered in the flavored yogurt market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
