Low-Fat Yogurt

Global Low-Fat Yogurt Market to Reach US$51.5 Billion by 2030

The global market for Low-Fat Yogurt estimated at US$27.5 Billion in the year 2023, is expected to reach US$51.5 Billion by 2030, growing at a CAGR of 9.4% over the analysis period 2023-2030. Organic Yogurt, one of the segments analyzed in the report, is expected to record a 10.0% CAGR and reach US$32.4 Billion by the end of the analysis period. Growth in the Non-Organic Yogurt segment is estimated at 8.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$7.2 Billion While China is Forecast to Grow at 12.6% CAGR

The Low-Fat Yogurt market in the U.S. is estimated at US$7.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$11.8 Billion by the year 2030 trailing a CAGR of 12.6% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 6.1% and 7.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.

Global Low-Fat Yogurt Market - Key Trends and Drivers Summarized

Why Is Low-Fat Yogurt Gaining Popularity in Health-Conscious Markets?

Low-fat yogurt is becoming increasingly popular among health-conscious consumers who are looking to reduce calorie intake while still enjoying the nutritional benefits of yogurt. As a versatile dairy product, low-fat yogurt is rich in protein, calcium, and probiotics, promoting digestive health and supporting weight management. Consumers are increasingly favoring low-fat varieties over full-fat options, particularly as dietary guidelines and medical research emphasize the importance of limiting saturated fats. The demand for low-fat yogurt is also bolstered by its inclusion in various diet plans, including low-calorie, high-protein, and low-carbohydrate diets, making it a staple in the modern wellness landscape.

What Innovations Are Driving the Low-Fat Yogurt Market?

Innovation in the low-fat yogurt market is being driven by advancements in formulation, flavor development, and packaging. Manufacturers are developing a wide range of flavors and product variations, such as Greek yogurt, plant-based alternatives, and yogurt fortified with functional ingredients like probiotics, fiber, and vitamins. These innovations cater to the evolving tastes and nutritional preferences of consumers, particularly those seeking healthier snacking options. Additionally, packaging innovations, such as eco-friendly and single-serve containers, are enhancing convenience and sustainability, which are key factors influencing consumer purchasing decisions. Furthermore, the rise of plant-based low-fat yogurts is expanding the market, appealing to vegan consumers and those with lactose intolerance.

How Do Market Segments Define the Growth of Low-Fat Yogurt?

Types include traditional low-fat yogurt, Greek yogurt, and plant-based yogurt, with Greek yogurt leading the market due to its high protein content and creamy texture. Flavors range from plain to fruit-flavored and specialty options, with fruit-flavored yogurts being the most popular. Distribution channels include supermarkets, hypermarkets, convenience stores, and online platforms, with online sales experiencing rapid growth due to the convenience of e-commerce and the increased demand for home delivery services. Geographically, North America and Europe dominate the market, driven by high consumer awareness of health and wellness trends, while Asia-Pacific is emerging as a significant growth region due to increasing urbanization and disposable income.

What Factors Are Driving the Growth in the Low-Fat Yogurt Market?

The growth in the low-fat yogurt market is driven by several factors, including the rising focus on healthy eating, increasing consumer demand for functional foods, and growing awareness of the benefits of probiotics for digestive health. As more consumers seek low-calorie and nutrient-dense foods, low-fat yogurt is becoming a popular choice for those looking to manage weight and improve overall well-being. Additionally, the increasing prevalence of lactose intolerance is boosting demand for plant-based low-fat yogurt alternatives. Marketing efforts emphasizing the health benefits of yogurt, along with product diversification and innovation, are further propelling the market`s growth.

Select Competitors (Total 53 Featured) -

• Brookside Dairy Limited
• Chi Limited
• Chobani
• Clover S.A.
• Danone
• General Mills
• Jesa Farm Dairy
• Juhayna Food Industries
• Kraft Foods Group
• Lausanne Dairies
• Muller UK and Ireland Group LLP
• Nestle
• Parmalat S.p.A.
• Rainy Lanes Dairy Foods
• Sameer Agriculture and Livestock Limited
• Sodiaal
• Ultima Foods Inc.
• Yakult Honsha

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