Global Yogurt Market Size, Share & Forecast 2025
Global Yogurt Market stood at around $ 88 billion in 2019 and is projected to cross $ 123 billion by 2025 on account of rising awareness about healthy food, increasing young population base which is health conscious and growing trend of dual household income leading to increasing disposable income and hence aiding the sale of discretionary food items like yogurt.Global yogurt market stood at around $ 88 billion in 2019 and is projected to cross $ 123 billion by 2025 on account of rising awareness about healthy food, increasing young population base which is health conscious and growing trend of dual household income leading to increasing disposable income and hence, aiding the sale of discretionary food items like yogurt. Additionally, availability of yogurt with high nutritional value, high protein content, etc., and other such product innovations are projected to drive global yogurt market through 2025.
Among the regions, Asia Pacific yogurt market garnered a significant portion of the global market in 2019. The growth of APAC yogurt market is majorly attributable to the huge population and rapid urbanization across APAC countries. Some of the major players operating in the global yogurt market are Danone Group, Yakult Honsha Co., Ltd., General Mills Inc., Inner Mongolia Yili Industrial Group Co., Ltd., Chobani, LLC., China Mengniu Dairy Company Limited, Unternehmensgruppe Theo Müller GmbH & Co KG, Bright Food (Group) Co., Ltd., Groupe Lactalis, Meiji Holdings Co. Ltd., etc.
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