Yogurt Market, By Product Type, By Packaging, By Distribution Channel, By Geography

Description

The yogurt market is estimated to be valued at USD 121.19 Bn in 2024 and is expected to reach USD 173.97 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 121.19 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	5.30%	2031 Value Projection:	US$ 173.97 Bn

Figure. Yogurt Market Share (%), By Region 2024

The global yogurt market has witnessed significant growth over the past few decades. Yogurt is a fermented dairy food which is produced by the bacterial fermentation of milk. It is rich in various vital nutrients like protein, calcium, vitamins, and probiotics. The rising health consciousness among consumers and awareness about the various nutritional and medicinal benefits of consuming yogurt has been a key driver for the industry. The market has seen the introduction of various product innovations like organic, low-fat, high-protein, and flavored varieties to cater to evolving consumer preferences. With growing disposable incomes, changing lifestyles, and the expanding retail landscape in developing regions, the yogurt market is expected to continue its promising growth trajectory in the coming years.

Market Dynamics:

The global yogurt market is driven by rising awareness about the health advantages of consuming probiotic foods. The market has benefitted from the growing consumer preference for natural, organic, and nutrition-rich food products. However, high cost of raw materials especially milk is a key challenge faced by yogurt manufacturers. Also, the emergence of alternative dairy and plant-based products is increasing the competition in the industry. The market players witness opportunities in untapped developing markets of Asia Pacific and Latin America owing to rising incomes, growing health consciousness, and shifting dietary habits in these regions. Introduction of innovative packaging, new flavors, and varied formats are some strategies adopted by participants to boost demand.

Key Features of the Study:

This report provides in-depth analysis of the global yogurt market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global yogurt market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include General Mills Inc., 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., Schreiber Dynamix, Nanci's Frozen Yogurt, China Mengniu Dairy Company Ltd, Inner Mongolia Yili Industrial Group Co. Ltd, Yakult Honsha Co. Ltd, BV Dairy, Alston Dairy, Tims Dairy, Arla Foods amba, and Yeo Valley
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global yogurt market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global yogurt market

Detailed Segmentation-

By Product Type:
- Traditional Yogurt
- Drinking Yogurt
- Frozen Yogurt
- Greek Yogurt
- Flavored Yogurt
- Fruit-based
- Vanilla
- Chocolate
- Other Flavors
- Non-Dairy Yogurt
- Soy-based
- Almond-based
- Coconut-based
By Packaging:
- Cup/Tub
- Pouch
- Bottle
- Others
By Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Retail
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- General Mills Inc.
- 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.
- Schreiber Dynamix
- Nanci's Frozen Yogurt
- China Mengniu Dairy Company Ltd
- Inner Mongolia Yili Industrial Group Co. Ltd
- Yakult Honsha Co. Ltd
- BV Dairy
- Alston Dairy
- Tims Dairy
- Arla Foods amba
- Yeo Valley

Product Code: CMI1461

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Packaging
- Market Snippet, By Distribution Channel
- Market Snippet, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

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

Overview
Factors Affecting the Global Yogurt Market
Impact Analysis

5. Global Yogurt Market, By Product Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Traditional Yogurt
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Sub Segment Trends
Drinking Yogurt
Frozen Yogurt
Greek Yogurt
Flavored Yogurt
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Sub Segment Trends
Fruit-based
Vanilla
Chocolate
Other Flavors
Non-Dairy Yogurt
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Sub Segment Trends
Soy-based
Almond-based
Coconut-based

6. Global Yogurt Market, By Packaging, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Cup/Tub
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Pouch
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Bottle
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

7. Global Yogurt Market, By Distribution Channel, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Supermarkets/Hypermarkets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Convenience Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Specialty Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Online Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

8. Global Yogurt Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Packaging, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Packaging, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Packaging, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Packaging, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Packaging, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

9. Competitive Landscape

Market Share Analysis
Company Profiles
- General Mills Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Nestle SA
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Danone
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Yakult Honsha Co. Ltd.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Ultima Foods Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Chobani LLC
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Sodiaal
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Muller UK & Ireland Group LLP
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Kraft Foods Group Inc.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Rainy Lanes Dairy Foods Ltd.
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Schreiber Dynamix
- Nanci's Frozen Yogurt
- China Mengniu Dairy Company Ltd
- Inner Mongolia Yili Industrial Group Co. Ltd
- Yakult Honsha Co. Ltd
- BV Dairy
- Alston Dairy
- Tims Dairy
- Arla Foods amba
- Yeo Valley

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
- Browse 25 market data tables* and 20 figures* on "Global Yogurt Market" - Global forecast to 2031.