Europe Drinking Yogurt Market Size, Share & Trends Analysis Report By Type (Dairy Based, and Non Dairy Based), By Packaging (Bottles, and Tetra Pack), By Flavor (Flavored, and Plain), By Distribution Channel, By Country and Growth Forecast, 2023 - 2030
The Europe Drinking Yogurt Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,150.1 million litres, showcasing a growth of 5.8% (2019-2022).
They contain various essential nutrients and proteins the body requires without being fat, yogurt drinks are considered an adequate dietary supplement for weight loss and increasing protein requirements for workouts and exercises. Magnesium, potassium, and phosphorus are among the trace minerals, herbs, and vitamins that are abundant in them. Approximately 12 grams of protein per 200 grams constitutes an additional significant characteristic of yogurt beverages.
Moreover, by alleviating symptoms of common gastrointestinal disorders like constipation, diarrhea, and bloating, the probiotics found in the majority of yogurt beverages may additionally promote digestive health. In addition to bolstering the immune system and promoting bone health by mitigating the risk of osteoporosis, probiotics, vitamins, and minerals are nutrients that aid in disease prevention. Yogurt beverages are additionally advantageous for the cardiovascular system as they regulate blood pressure and elevate HDL cholesterol. A significant health benefit will propel the market during the forecast period.
Germany's food and beverages sector has witnessed a growing interest in functional foods that offer health benefits beyond basic nutrition. Drinking yogurt, often fortified with probiotics and other beneficial ingredients, aligns with the German consumer preference for functional and health-enhancing products. The German food and beverages sector encourages innovation, continuously improving ingredients and formulations. Drinking yogurt manufacturers introduce novel ingredients, such as superfoods or unique flavor combinations, to meet the evolving taste preferences of German consumers. Due to the aforementioned factors the market growth will drive in this region.
The Germany market dominated the Europe Drinking Yogurt Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,539.2 million by 2030. The UK market is exhibiting a CAGR of 4.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.5% during (2023 - 2030).
Based on Type, the market is segmented into Dairy Based, and Non Dairy Based. Based on Packaging, the market is segmented into Bottles, and Tetra Pack. Based on Flavor, the market is segmented into Flavored (Chocolate, Vanilla, Berries, Mango, and Others), and Plain. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Meiji Holdings Co., Ltd.
- Arla Foods, Inc.
- Danone, S.A.
- Schreiber Foods, Inc.
- Lactalis Group
- Nestle S.A.
- Chobani LLC
- Royal FrieslandCampina N.V.
- General Mills Inc.
- DANA Dairy Group Ltd.
Europe Drinking Yogurt Market Report Segmentation
By Type (Volume, Million Litres, USD Billion, 2019-2030)
- Dairy Based
- Non Dairy Based
By Packaging (Volume, Million Litres, USD Billion, 2019-2030)
By Flavor (Volume, Million Litres, USD Billion, 2019-2030)
- Flavored
- Chocolate
- Vanilla
- Berries
- Mango
- Others
- Plain
By Distribution Channel (Volume, Million Litres, USD Billion, 2019-2030)
- Supermarkets & Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
By Country (Volume, Million Litres, USD Billion, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe