Global Low-Fat Yogurt Market to Reach $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 period 2023-2030. Organic Low-Fat Yogurt, one of the segments analyzed in the report, is expected to record 10% CAGR and reach US$32.4 Billion by the end of the analysis period. Growth in the Non-Organic Low-Fat Yogurt segment is estimated at 8.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $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 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 7.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.
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