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Global Yoghurt Market: By Category: Conventional, Dairy Free; By Type; By Flavour: Flavoured, Non-Flavoured; By Fat Content: Regular, Low Fat; By Packaging Type; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Yoghurt Market Outlook

The global yoghurt market reached a value of about USD 43.5 billion in 2020. The market is further expected to grow at a CAGR of 6% in the forecast period of 2021-2026.

 

Rapid Expansion of Supermarkets and Hypermarkets to Augment the Yoghurt Industry Growth

Based on distribution channel, the supermarkets and hypermarkets segment accounts for a significant share in the yoghurt industry, since these stores stock a broad range of goods from a variety of brands. Cold storage, which is important for preserving the shelf life of perishable dairy goods, is also available in supermarkets and hypermarkets. This is contributing to the growth of the segment.

 

Global Yoghurt Market

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Europe to Provide Enhanced Growth Opportunities to the Yoghurt Industry

Region-wise, Europe is expected to witness a robust growth over the forecast period. Currently, it is one of the leading markets for the product. Yoghurt is commonly eaten as a snack and dessert in the European Union, which accounts for the largest market share in Europe. Another significant market for the product includes North America. The growing demand for dairy products in the region, coupled with the thriving food and beverages industry, is expected to significantly contribute to the market growth in North America.

 

Yoghurt: Industry Definition and Segmentation

Yoghurt or yogurt is a dairy product made from the fermentation of milk by bacteria. It is an excellent source of protein. Because of its high digestibility and richness in essential amino acids, yoghurt is marked high on the nutrition scale. The proteins present in yoghurt are more easily digestible as compared to standard milk. Due to its high nutrient density, yoghurt can also serve as a healthy snack.

By category, the market is divided into:

  • Conventional
  • Dairy Free

Based on type, the industry can be segmented into:

  • Set Yoghurt
  • Greek Yoghurt
  • Yoghurt Drink
  • Frozen Yoghurt
  • Others

The market is divided based on flavour into:

  • Flavoured
  • Non-Flavoured

On the basis of fat content, the industry can be bifurcated into:

  • Regular
  • Low Fat

By packaging type, the market can be segmented into:

  • Cups
  • Bottles
  • Others

The industry can be classified based on distribution channel into:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Increasing Popularity Among Health-Conscious Consumers to Bolster the Growth of the Yoghurt Industry

Yoghurt is becoming increasingly popular among health-conscious consumers due to its low fat and sugar content. The manufacturers are responding by offering fortified yoghurt products with added vitamins, minerals, and fibre. Arla Foods, for example, has introduced a fibre-rich yoghurt that is high in proteins, low in fats, and contains about 27% of the daily recommended calcium intake. Thus, the growing awareness regarding the various health benefits of yoghurt and its growing popularity as a healthy snacking option among consumers is significantly contributing to the market growth.

Over the forecast period, the offering of innovative and convenient packaging formats is expected to drive the growth of the market. Manufacturers are launching self-contained froyo balls, squeezable tubes, and containers with anti-choking caps, among other products to reduce spills and potential hazards.

 

Key Industry Players in the Global Yoghurt Market

The report gives a detailed analysis of the following key players in the global yoghurt market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Nestlé S.A.
  • Danone S.A.
  • Lactalis American Group, Inc.
  • Royal frieslandcampina NV
  • China Mengniu Dairy Company Limited
  • Fonterra Co-operative Group Limited
  • General Mills Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical
and Forecast Market Analysis by Segment- Category, Type, Flavour, Fat Content, Packaging Type, Distribution Channel, Region
Breakup by Category Conventional, Dairy Free
Breakup by Type Set Yoghurt, Greek Yoghurt, Yoghurt Drink, Frozen Yoghurt, Others
Breakup by Flavour Flavoured, Non-Flavoured
Breakup by Fat Content Regular, Low Fat
Breakup by Packaging Type Cups, Bottles, Others
Breakup by  Distribution Channel Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Nestlé S.A., Danone S.A., Lactalis American Group, Inc., Royal
frieslandcampina NV, China Mengniu Dairy Company Limited,
Fonterra Co-operative Group Limited, General Mills Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Dairy Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Dairy Historical Market (2016-2020) 
    8.3    Global Dairy Market Forecast (2021-2026)
    8.4    Global Dairy Market by Region
        8.4.1    Market Share
            8.4.1.1    North America
            8.4.1.2    Europe
            8.4.1.3    Asia Pacific
            8.4.1.4    Latin America
            8.4.1.5    Middle East and Africa
9    Global Yoghurt Market Analysis
    9.1    Key Industry Highlights
    9.2    Global Yoghurt Historical Market (2016-2020) 
    9.3    Global Yoghurt Market Forecast (2021-2026)
    9.4    Global Yoghurt Market by Category
        9.4.1    Conventional
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2016-2020)
            9.4.1.3    Forecast Trend (2021-2026)
        9.4.2    Dairy Free
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2016-2020)
            9.4.2.3    Forecast Trend (2021-2026)
    9.5    Global Yoghurt Market by Type
        9.5.1    Set Yoghurt
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2016-2020)
            9.5.1.3    Forecast Trend (2021-2026)
        9.5.2    Greek Yoghurt
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2016-2020)
            9.5.2.3    Forecast Trend (2021-2026)
        9.5.3    Yoghurt Drink
            9.5.3.1    Market Share
            9.5.3.2    Historical Trend (2016-2020)
            9.5.3.3    Forecast Trend (2021-2026)
        9.5.4    Frozen Yoghurt
            9.5.4.1    Market Share
            9.5.4.2    Historical Trend (2016-2020)
            9.5.4.3    Forecast Trend (2021-2026)
        9.5.5    Others
    9.6    Global Yoghurt Market by Flavour
        9.6.1    Flavoured
            9.6.1.1    Market Share
            9.6.1.2    Historical Trend (2016-2020)
            9.6.1.3    Forecast Trend (2021-2026)
        9.6.2    Non-Flavoured
            9.6.2.1    Market Share
            9.6.2.2    Historical Trend (2016-2020)
            9.6.2.3    Forecast Trend (2021-2026)
    9.7    Global Yoghurt Market by Fat Content
        9.7.1    Regular
            9.7.1.1    Market Share
            9.7.1.2    Historical Trend (2016-2020)
            9.7.1.3    Forecast Trend (2021-2026)
        9.7.2    Low Fat
            9.7.2.1    Market Share
            9.7.2.2    Historical Trend (2016-2020)
            9.7.2.3    Forecast Trend (2021-2026)
    9.8    Global Yoghurt Market by Packaging Type
        9.8.1    Cups
            9.8.1.1    Market Share
            9.8.1.2    Historical Trend (2016-2020)
            9.8.1.3    Forecast Trend (2021-2026)
        9.8.2    Bottles
            9.8.2.1    Market Share
            9.8.2.2    Historical Trend (2016-2020)
            9.8.2.3    Forecast Trend (2021-2026)
        9.8.3    Others
    9.9    Global Yoghurt Market by Distribution Channel
        9.9.1    Supermarkets and Hypermarkets
            9.9.1.1    Market Share
            9.9.1.2    Historical Trend (2016-2020)
            9.9.1.3    Forecast Trend (2021-2026)
        9.9.2    Convenience Stores
            9.9.2.1    Market Share
            9.9.2.2    Historical Trend (2016-2020)
            9.9.2.3    Forecast Trend (2021-2026)
        9.9.3    Specialty Stores
            9.9.3.1    Market Share
            9.9.3.2    Historical Trend (2016-2020)
            9.9.3.3    Forecast Trend (2021-2026)
        9.9.4    Online
            9.9.4.1    Market Share
            9.9.4.2    Historical Trend (2016-2020)
            9.9.4.3    Forecast Trend (2021-2026)
        9.9.5    Others
    9.10    Global Yoghurt Market by Region
        9.10.1    Market Share
            9.10.1.1    North America
            9.10.1.2    Europe
            9.10.1.3    Asia Pacific
            9.10.1.4    Latin America
            9.10.1.5    Middle East and Africa
10    Regional Analysis
    10.1    North America
        10.1.1    Historical Trend (2016-2020)
        10.1.2    Forecast Trend (2021-2026)
        10.1.3    Breakup by Country
            10.1.3.1    United States of America 
            10.1.3.2    Canada
    10.2    Europe
        10.2.1    Historical Trend (2016-2020)
        10.2.2    Forecast Trend (2021-2026)
        10.2.3    Breakup by Country
            10.2.3.1    United Kingdom
            10.2.3.2    Germany
            10.2.3.3    France
            10.2.3.4    Italy
            10.2.3.5    Others
    10.3    Asia Pacific
        10.3.1    Historical Trend (2016-2020)
        10.3.2    Forecast Trend (2021-2026)
        10.3.3    Breakup by Country
            10.3.3.1    China
            10.3.3.2    Japan
            10.3.3.3    India
            10.3.3.4    ASEAN
            10.3.3.5    Australia
            10.3.3.6    Others
    10.4    Latin America
        10.4.1    Historical Trend (2016-2020)
        10.4.2    Forecast Trend (2021-2026)
        10.4.3    Breakup by Country
            10.4.3.1    Brazil
            10.4.3.2    Argentina
            10.4.3.3    Mexico
            10.4.3.4    Others
    10.5    Middle East and Africa
        10.5.1    Historical Trend (2016-2020)
        10.5.2    Forecast Trend (2021-2026)
        10.5.3    Breakup by Country
            10.5.3.1    Saudi Arabia
            10.5.3.2    United Arab Emirates
            10.5.3.3    Nigeria
            10.5.3.4    South Africa
            10.5.3.5    Others
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyers Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    EMR’s Key Indicators for Demand
    11.4    EMR’s Key Indicators for Price
12    Value Chain Analysis
13    Trade Data Analysis 

    13.1    Major Importing Countries
        13.1.1    By Volume
        13.1.2    By Value
    13.2    Major Exporting Countries
        13.2.1    By Volume
        13.2.2    By Value
14    Price Analysis
    14.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    14.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    14.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    14.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    14.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
15    Manufacturing Process
    15.1    Overview
    15.2    Detailed Process Flow
    15.3    Operations Involved
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Nestlé S.A.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Danone S.A.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Lactalis American Group, Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Royal frieslandcampina NV
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    China Mengniu Dairy Company Limited
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Fonterra Co-operative Group Limited
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    General Mills Inc. 
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Industry Events and Developments

 

Additional Cusstomisation Available

1    Project Details and Cost Analysis
    1.1    Land, Location and Site Development
    1.2    Construction
    1.3    Plant Layout
    1.4    Plant Machinery
    1.5    Raw Material Requirement
    1.6    Packaging
    1.7    Transportation
    1.8    Utilities
    1.9    Manpower
    1.10 Other Capital Investment

 

List of Figures and Tables

1.    Global Dairy Market: Key Industry Highlights, 2016 and 2026
2.    Global Dairy Historical Market: Breakup by Region (USD Billion), 2016-2020
3.    Global Dairy Market Forecast: Breakup by Region (USD Billion), 2021-2026
4.    Global Yoghurt Market: Key Industry Highlights, 2016 and 2026
5.    Global Yoghurt Historical Market: Breakup by Category (USD Billion), 2016-2020
6.    Global Yoghurt Market Forecast: Breakup by Category (USD Billion), 2021-2026
7.    Global Yoghurt Historical Market: Breakup by Type (USD Billion), 2016-2020
8.    Global Yoghurt Market Forecast: Breakup by Type (USD Billion), 2021-2026
9.    Global Yoghurt Historical Market: Breakup by Flavour Type (USD Billion), 2016-2020
10.    Global Yoghurt Market Forecast: Breakup by Flavour Type (USD Billion), 2021-2026
11.    Global Yoghurt Historical Market: Breakup by Fat Content (USD Billion), 2016-2020
12.    Global Yoghurt Market Forecast: Breakup by Fat Content (USD Billion), 2021-2026
13.    Global Yoghurt Historical Market: Breakup by Packaging Type (USD Billion), 2016-2020
14.    Global Yoghurt Market Forecast: Breakup by Packaging Type (USD Billion), 2021-2026
15.    Global Yoghurt Historical Market: Breakup by Distribution Channel (USD Billion), 2016-2020
16.    Global Yoghurt Market Forecast: Breakup by Distribution Channel (USD Billion), 2021-2026
17.    Global Yoghurt Historical Market: Breakup by Region (USD Billion), 2016-2020
18.    Global Yoghurt Market Forecast: Breakup by Region (USD Billion), 2021-2026
19.    North America Yoghurt Historical Market: Breakup by Country (USD Billion), 2016-2020
20.    North America Yoghurt Market Forecast: Breakup by Country (USD Billion), 2021-2026
21.    Europe Yoghurt Historical Market: Breakup by Country (USD Billion), 2016-2020
22.    Europe Yoghurt Market Forecast: Breakup by Country (USD Billion), 2021-2026
23.    Asia Pacific Yoghurt Historical Market: Breakup by Country (USD Billion), 2016-2020
24.    Asia Pacific Yoghurt Market Forecast: Breakup by Country (USD Billion), 2021-2026
25.    Latin America Yoghurt Historical Market: Breakup by Country (USD Billion), 2016-2020
26.    Latin America Yoghurt Market Forecast: Breakup by Country (USD Billion), 2021-2026
27.    Middle East and Africa Yoghurt Historical Market: Breakup by Country (USD Billion), 2016-2020
28.    Middle East and Africa Yoghurt Market Forecast: Breakup by Country (USD Billion), 2021-2026
29.    Major Importing Countries by Volume (2020)
30.    Major Exporting Countries by Volume (2020)
31.    Major Importing Countries by Value (2020)
32.    Major Exporting Countries by Value (2020)
33.    North America Historical Price Trends and Forecast 2016-2026
34.    Europe Historical Price Trends and Forecast 2016-2026
35.    Asia Pacific Historical Price Trends and Forecast 2016-2026
36.    Latin America Historical Price Trends and Forecast 2016-2026
37.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
38.    Global Yoghurt Market Structure

Key Questions Answered in the Report

In 2020, the global yoghurt market attained a value of nearly USD 43.5 billion.

The market is projected to grow at a CAGR of 6% between 2021 and 2026.

The major drivers of the industry, such as the increasing popularity among health-conscious consumers, growing demand for dairy products, increasing innovations to include fortified range of yoghurt, and rising consumer disposable incomes, are expected to aid the market growth.

The key market trend guiding the growth of the industry includes the growing focus of manufacturers to offer the product in innovative and convenient packaging formats.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant categories of the product include conventional and dairy free.

The different product types available in the market are set yoghurt, Greek yoghurt, yoghurt drink, frozen yoghurt, and others.

The market is divided based on flavour into flavoured and non-flavoured.

On the basis of fat content, the industry can be bifurcated into regular and low fat.

By packaging type, the market can be segmented into cups, bottles, and others.

The significant distribution channels of the product include supermarkets and hypermarkets, convenience stores, specialty stores, and online, among others.

The major players in the industry are Nestlé S.A., Danone S.A., Lactalis American Group Inc., Royal frieslandcampina NV, China Mengniu Dairy Company Limited, Fonterra Co-operative Group Limited, General Mills Inc., and others.

Analyst Review

The global yoghurt market attained a value of USD 43.5 billion in 2020, driven by the increasing popularity of the product among health-conscious consumers. Aided by the growing innovations and the availability of the product in convenient packaging formats, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By category, the market is divided into conventional and dairy free. Based on type, the industry can be segmented into set yoghurt, Greek yoghurt, yoghurt drink, frozen yoghurt, and others. The market is divided based on flavour into flavoured and non-flavoured. On the basis of fat content, the industry can be bifurcated into regular and low fat. By packaging type, the market can be segmented into cups, bottles, and others. The industry is classified based on distribution channel into supermarkets and hypermarkets, convenience stores, specialty stores, online, and others. The major regional markets for yoghurt are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Nestlé S.A., Danone S.A., Lactalis American Group Inc., Royal frieslandcampina NV, China Mengniu Dairy Company Limited, Fonterra Co-operative Group Limited, and General Mills Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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