Flavoured Yogurt Market expected to reach $ 144.31 billion by 2026

Market Analysis: Global Flavoured Yogurt Market

Flavoured yogurt market

Market Definition: Global Flavoured Yogurt Market

Yogurt is formed by fermenting milk with bacteria. Yogurt when garnished or nourished with flavours derived from various sources such as fruits and vegetables, it is termed as flavoured yogurt. Flavoured yogurts are available in various forms based on criteria like low-fatty or non-fatty, frozen or regular and flavours from different fruits. There has been an increased demand for flavoured yoghurts due to the health benefits offered by it.

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Market Drivers:

The shift in consumers’ behaviour towards nutritional value and also giving importance to taste and texture

Increasing income of consumers and their changing tastes and preferences

Customer’s preference of convenience, rather than focus on costs due to their tight packed busy lifestyles

Innovative and new forms of packaging of flavoured yoghurt attract consumers towards the products, stimulating them to buy it


Market Restraints:

High levels of preservatives present in the product restraints the growth of the market

Presence of already established competitors and competition from ice cream & other frozen desserts market hinders the growth of his market


Segmentation: Global Flavoured Yogurt Market

By Product

Artificial Casings

Natural Casings


By Types

Set Yogurt

Creamy Yogurt

Baby Yogurt

Low Fat & No-Fat Yogurt

Organic Yogurt

Standard Flavoured Yogurt

Frozen Yogurt

Drinking Yogurt

Strained/Greek Yogurt

Others


By Distribution Channel

Hyper/Super Market

Retail Stores

Convenience Stores

Specialist Retailers

Online Stores

Others


By Ingredients

Artificial Sweeteners

Colours

Fruits

Bacteria

Flavours

Others


By Flavours

Blueberry

Strawberry

Vanilla

Mango

Other Flavours


By Application

Dessert

Food & Beverage

Drugs

Cosmetics

Others


By Geography

North America

U.S.

Canada

Mexico


South America

Brazil

Argentina

Rest of South America


Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Turkey

Belgium

Netherlands

Switzerland

Rest of Europe


Asia-Pacific

Japan

China

South Korea

India

Australia

Singapore

Malaysia

Indonesia

Thailand

Philippines

Rest of Asia-Pacific


Middle East and Africa

South Africa

Egypt

Saudi Arabia

United Arab Emirates

Israel

Rest of Middle East and Africa



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Key Developments in the Market:

In January 2019, Yoplait, the largest franchise brand of yoghurt and Dunkin’ Donuts have joined hands to launch 4 new breakfast pastry-inspired yogurt flavours which include Boston Kreme Donut, Apple Fritter, French Vanilla Latte and Cinnamon Coffee Roll. These launches would increase the sale the sale of yoghurts, and its uniqueness would help capturing a new segment in the yogurt market.


In January, 2018.Hormel Foods partnered with Menchie’s Frozen Yogurt to launch its limited-edition peanut butter flavoured frozen yogurt, Skippy. It would be a blend of peanut butter and chocolate brownie flavoured frozen yogurt. This new flavour of yoghurt, would provide a unique taste for customers, and add yet another flavour in yoghurts in the market of flavoured yoghurts.


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Competitive Analysis: Global Flavoured Yogurt Market

Global flavoured yogurt market

Key Market Competitors: Global Flavoured Yogurt Market

Few of the major competitors currently working in the global flavoured yogurt are General Mills Inc., Nestlé, Yakult Honsha Co., Ltd., ULTIMA FOODS, Chobani, LLC., SODIAAL, Müller UK & Ireland, Rainy Lanes Dairy Foods Ltd., Parmalat S.p.A., Chi Limited, Sameer Agriculture & Livestock Limited, Lausanne Dairies, MENCHIE'S, Cargill, Incorporated., YILI.COM INC., Mother Dairy Fruit & Vegetable Pvt. Ltd., Britannia Nutrition Foundation, DANONE, Stonyfield Farm, Inc., FAGE International S.A., noosa yoghurt, The Icelandic Milk and Skyr Corporation, Yoplait USA, INC, Fonterra Co-operative Group and Arla Foods amba among others.

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