Global Greek Yogurt Market Size study, By Type (Whole Milk, Low Fat, Nonfat), By Flavor (Plain, Strawberry, Blueberry, Vanilla, Others), By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Online Stores, Others), and Regional Forecasts 2022-2028
Global Greek Yogurt Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Greek yogurt, also known as sack yogurt or yogurt cheese is prepared by curding straining, and separating it from the excess watery whey. Greek yogurt offers various nutritional and health benefits such as probiotic properties, increases calcium, high protein, vitamin-B content, low carbohydrates, and many others. The growing demand for dairy products, increasing disposable income, and rising health awareness among the population are the primary factors bolstering the market demand across the globe. For instance, as per Statista, in 2019, the worldwide dairy market accounted for USD 718.9 billion, and the figure is projected to reach USD 1032.7 billion by 2024. Therefore, the surging demand for dairy products is directly associated with the demand for the Greek Yogurt, which, in turn, augment the market growth in the near future. However, the growing population of lactose intolerance patients and government regulations regarding the permissible culture for the fermentation process impede the growth of the market over the forecast period of 2022-2028. Also, the launch of several new products and the increasing millennial and Gen Z population are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Greek Yogurt Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the surge in per-capita income and growing health awareness. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the surging demand for different types of fermented milk products like butter, yogurt, and cheese, as well as increasing millennial population, would create lucrative growth prospects for the Greek Yogurt Market across the Asia-Pacific region.
Major market players included in this report are:
Chobani, LLC
Danone
Fage International S.A.
General Mills, Inc. (Yoplait)
Muller Uk & Ireland Group LLP
Nestle S.A.
Parmalat S.P.A.
The Hain Celestial Group (The Greek Gods)
The Kroger Co.
Wallaby Yogurt Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Whole Milk
Low Fat
Nonfat
By Flavor:
Plain
Strawberry
Blueberry
Vanilla
Others
By Distribution Channel:
Supermarket/Hypermarket
Convenience Stores
Online Stores
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Greek Yogurt Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Chobani, LLC
Danone
Fage International S.A.
General Mills, Inc. (Yoplait)
Muller Uk & Ireland Group LLP
Nestle S.A.
Parmalat S.P.A.
The Hain Celestial Group (The Greek Gods)
The Kroger Co.
Wallaby Yogurt Company
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook