PUBLISHER: KBV Research | PRODUCT CODE: 1245368
PUBLISHER: KBV Research | PRODUCT CODE: 1245368
The Asia Pacific Frozen Yogurt Market would witness market growth of 5.5% CAGR during the forecast period (2022-2028).
Hydrocolloids, non-fat solids, emulsifiers, sweeteners, and fat substitutes are all included in mixes of ice cream for frozen yogurt. Low-calorie frozen yogurt is generally created by adding soluble dietary fibers and isomalt, which is beneficial for consumer health. The addition of inulin, polydextrose, and isomalt improves viscosity, lowers caloric density, and slows the melting of the yogurt while also increasing nutritional value.
In addition, the inclusion of a probiotic culture further improves the perceived health advantages since certain health benefits, like enhanced control of infections of intestines, lactose consumption, and anticancer activity may result from adding probiotics such as B. longum and L. acidophilus to frozen yogurt. In the past few years, non-dairy frozen yogurt desserts have been gaining popularity among consumers, especially millennials, and this development is anticipated to last for the duration of the forecast.
Two important elements driving demand for frozen yogurt created without dairy are growing commercialization and customers' rising preference for plant-based products. In addition, strong market prospects will be aided by rapid technical advancement, new raw material sources, and industry-evolving flavor and texture challenges.
The nation's production capacities and consumer income brackets are rising. Customers are, therefore, willing to pay higher prices for these treats. Chain stores from other nations are expanding significantly and are penetrating the Chinese market. The Chinese consumer values variety and seeks out novel purchasing occasions. International brands can capitalize on genuine opportunities by creating original designs, offering services in novel ways, and rethinking concepts. To provide the clients with the best possible arrangement, careful consideration and appropriate research must be given to coloring, texture, freezing, and packing.
The China market dominated the Asia Pacific Frozen Yogurt Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,136.2 million by 2028. The Japan market is estimated to grow a CAGR of 4.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.2% during (2022 - 2028).
Based on Flavor, the market is segmented into Chocolate, Strawberry, Mango, Pineapple and Others. Based on Nature, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into Supermarket / Hypermarket, Specialist Retailers, Online Stores, Convenience Stores and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lactalis Group, General Mills, Inc., Nestle S.A., Saputo, Inc., Britannia Industries Limited (Wadia group), Danone S.A. (Sofina Group), DuPont de Nemours, Inc., Arla Foods, Inc., Yakult Honsha Co., Ltd., and Menchie's Group, Inc.
Market Segments covered in the Report:
By Flavor
By Nature
By Distribution Channel
By Country
Companies Profiled
Unique Offerings from KBV Research
List of Figures