Skim Yogurt Market By Type (Plain Yogurt, Flavored Yogurt, Fruits Yogurt), By Nature (Organic, Conventional), By Distribution Channel (Hypermarket and Supermarket, Specialty Stores, Convenience Stores, Online Sales Channel, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global skim yogurt market size was valued at $4,624.2 million in 2021, and is projected to reach $9,932.9 million by 2031, registering a CAGR of 7.6% from 2022 to 2031. Globally, changing consumer preferences towards the consumption of organic, tasty, and healthy dairy food are expected to drive the market demand. Moreover, one of the leading growth factor of skim yogurt is the growing consume preference towards organic products as organic products are more beneficial in terms of nutrients such as antioxidants then the conventionally grown. Also consumers with allergies to food, chemicals, and preservatives may find symptoms which lessens away after consuming organic products. Therefore the demand for organic products is rising and will be more in demand in the near future. Moreover, organic skim yogurt is rich in nutrients and it also helps in strengthen immune system and weight management. Thus, rich health benefits of organic skim yogurt result in enhancing the market growth.
The increase in penetration of various online portals in developing regions and the rise in number of offers or discounts, attracts the consumer to purchase cosmetic products through online channel. Moreover, online sales channel has increased the consumer reach owing to which it has evolved as a key source of revenue for many companies. Furthermore, the online sales market is expected to expand in the near future due to rapid growth in online and mobile user customer bases in emerging markets. Increase in e-commerce sales, improvements in logistics services, ease in payment options, and the facility to enter in new international markets for major brands further boost the growth of the skim yogurt market
The skim yogurt industry has been segmented based on type, nature, and distribution channel and region. Based on type, the skim yogurt market is bifurcated into plain yogurt, flavored yogurt and fruits yogurt. Based on nature, the market is divided into organic and conventional. By distribution channel, the market is divided into hypermarket/supermarket, specialty stores, convenience stores, online sales channel and others. By distribution channel the market is divided into hypermarket/supermarket, specialty stores, convenience stores, online sales channel and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Major companies have adopted agreement, product launch, expansion, and merger strategies to sustain the intense market competition. The key players profiled in the report Byrne Dairy, Danone S.A., General Mills, Inc., GCMMF LTD, Juhayna, Muller Group, National Dairy Development Board, Nestlé, Rainy Lanes Dairy Foods Ltd., and Tillamook.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the skim yogurt market analysis from 2021 to 2031 to identify the prevailing skim yogurt market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the skim yogurt market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global skim yogurt market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Plain Yogurt
Flavored Yogurt
Fruits Yogurt
By Nature
Organic
Conventional
By Distribution Channel
Hypermarket and Supermarket
Specialty Stores
Convenience Stores
Online Sales Channel
Others
By Region
North America
U.S.
Canada
Mexico
Europe
France
U.K.
Italy
Spain
Switzerland
Rest of Europe
Germany
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest Of Asia Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Muller UK and Ireland Group LLP
General Mills Inc.
Nestle S.A
Danone, Inc.
Wallaby Yogurt Company
Tillamook Dairy Co-Op
Byrne Dairy
Juhayna Food Industries
Gujarat Co-operative Milk Marketing Federation Ltd.
Mother Dairy Fruit and Vegetable Pvt Ltd.
Please Note: It will take 7-10 business days to complete the report upon order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook