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Global Yogurt Market Segmentation, Share, Statistics, Facts, Growth, Industry Trends & Forecast by 2
by Rahul Rastogi Market Research AnalystThe
global yogurt market has witnessed a steady growth over the past several years.
The demand for yogurt is surging on account of the health benefits associated
with its consumption along with the changing tastes and preferences of the
consumers.
Yogurt is a dairy product made by the bacterial fermentation of
milk using a culture of Streptococcus thermophilus and Lactobacillus
bulgaricus. It is an excellent source of protein as it contains all nine
essential amino acids. It is available in the market both as plain or with
added flavours such as blueberry, raspberry, mango, strawberry, etc. A new
research report by IMARC Group, titled “Yogurt Market: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2019-2024”, estimates
that the global yogurt market reached a
volume of 38.7 Billion in 2018, registering a CAGR of around 1.2% during the
year 2010-2017. The report further anticipates the market to reach a volume of 51.2
billion Tons by 2024, at a projected CAGR of more than 4.8% over the forecast
period.
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Sample Research Report: https://www.imarcgroup.com/request?type=report&id=716&flag=B
Global Yogurt Market Segmentation/Constraints:
·
The increasing availability of flavoured yogurt and the greater
involvement of the organised sector, particularly in the developing countries,
are the major factors driving the growth of the global yogurt market.
·
The growing awareness among the consumers about the health benefits
offered by yogurt, such as protecting against colorectal cancer, maintaining
blood pressure, improving immunity, lowering the risk of type 2 diabetes, etc.
is anticipated to propel the demand for yogurt across the globe.
·
Some of the other major factors fuelling the market growth include
changing eating habits, flourishing food and beverage industry and the
escalating spending capacity of the consumers.
·
The presence of preservatives and high sugar content in some of the
yogurt variants has restricted their consumption among the consumers. This
represents one of the major factors hampering the market growth.
Regional Insights:
On a geographical front, the European Union represents the leading
market for yogurt due to the popularity of low-sugar varieties and the high
disposable income of the consumers. Other major regions include North America,
Eastern Europe, Latin America and others.
Competitive Landscape:
The global yogurt market is characterised by the presence of both small
and large manufacturers who compete in terms of price, quality and innovation.
Some of the leading players operating in the market are:
·
Lactalis Group
·
General Mills Inc.
·
Nestle
·
Friesland Campina
·
Danone
·
Yili Industrial Group Co. Ltd.
Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/yogurt-market
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Research Report PDF Click Here
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About Rahul Rastogi 
Market Research Analyst
42 connections, 0 recommendations, 213 honor points.Joined APSense since, September 6th, 2018, From New York, United States.
Created on Mar 8th 2019 02:37. Viewed 374 times.
