Global Yogurt Market Growth 2023-2029

Global Yogurt Market Growth 2023-2029

Yogurt is a dairy product which produced by milk via fermentation process. Cow's milk is most commonly used to make yogurt even the world as a whole. At the same time some yogurt is made by the milk from water buffalo, goats, ewes, mares, camels, yaks or cow's milk. The bacteria used to make yogurt are known as "yogurt cultures". Fermentation of lactose by these bacteria produces lactic acid, which acts on milk protein to give yogurt its texture and characteristic tang. Yogurt not only keeps the nutriments which contained in the milk, but produce some new nutriments like VB1, VB2, VB6, VB12 and others.

LPI (LP Information)' newest research report, the “Yogurt Industry Forecast” looks at past sales and reviews total world Yogurt sales in 2022, providing a comprehensive analysis by region and market sector of projected Yogurt sales for 2023 through 2029. With Yogurt sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Yogurt industry.

This Insight Report provides a comprehensive analysis of the global Yogurt landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Yogurt portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Yogurt market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Yogurt and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Yogurt.

The global Yogurt market size is projected to grow from US$ 68720 million in 2022 to US$ 88830 million in 2029; it is expected to grow at a CAGR of 88830 from 2023 to 2029.

Asia-Pacific is the largest Yogurt market with about 33% market share. Europe is follower, accounting for about 24% market share.

The key players are Danone, Unternehmensgruppe Theo Müller, Mengniu Dairy, Yili, General Mills, Lactalis, Meiji, Chobani, Bright Dairy & Food, Nestlé, Fage International, Grupo Lala, Schreiber Foods, Junlebao Dairy, SanCor, Arla Foods, Yeo Valley etc. Top 3 companies occupied about 27% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Yogurt market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Regular Yogurt

Fat-free Yogurt

Segmentation by application

Children Yogurt

Adult Yogurt

Old People Yogurt

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Danone

Unternehmensgruppe Theo Müller

Mengniu Dairy

Yili

General Mills

Lactalis

Meiji

Chobani

Bright Dairy & Food

Nestlé

Fage International

Grupo Lala

Schreiber Foods

Junlebao Dairy

SanCor

Arla Foods

Yeo Valley

Key Questions Addressed in this Report

What is the 10-year outlook for the global Yogurt market?

What factors are driving Yogurt market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Yogurt market opportunities vary by end market size?

How does Yogurt break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.