Yogurt Production in the US - Industry Market Research Report

Yogurt Production in the US - Industry Market Research Report

Yogurt Production in the US

The Yogurt Production industry comprises establishments that produce various yogurt products, but does not include establishments that manufacture frozen yogurt. Over the past five years, consumers' rising per capita dairy consumption has stimulated demand and production of yogurt and yogurt-related products. Operators have been able to shift alongside consumer demand, marketing low-fat products such as Greek yogurt to keep up with dietary trends, despite a decline in the healthy eating index over the past five years. In addition, while increasing competition has limited revenue growth, yogurt producers have responded by expanding product portfolios to capture new markets, such as men and children. Over the past five years, revenue has grown at a CAGR of 1.0% to $8.2 billion, including an expected 0.2% increase in 2023. Profit is expected to lag to 1.7% of revenue in 2023, down from 2.0% in 2018.

Operators in the Yogurt Production industry manufacture yogurt and yogurt drinks. This report excludes production of frozen yogurt.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.