Flavored Yogurt Market size to grow by USD 9,896.12 million from 2022 to 2027, The increased online penetration of products to drive the market growth - Technavio

NEW YORK, May 29, 2023 /PRNewswire/ -- The flavored yogurt market size is set to grow by USD 9,896.12 million from 2022 to 2027. The market is estimated to register a CAGR of 4.78%, according Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Read our Sample Report

The report also covers the following areas:

• Flavored Yogurt Market size
• Flavored Yogurt Market trends
• Flavored Yogurt Market industry analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Arla Foods amba, Cabot Creamery, Chobani Global Holdings LLC, Chr Hansen Holding AS, Danone SA, Emmi Group, Fage International SA, Fonterra Cooperative Group Ltd., General Mills Inc., Gujarat Cooperative Milk Marketing Federation Ltd., LACTALIS Group, Lausanne Dairies, Menchies Group Inc., Mother Dairy Fruit and Vegetable Pvt. Ltd., Muller UK and Ireland Group LLP, Nestle SA, Noosa yoghurt, Sameer Agriculture and Livestock Ltd., Stonyfield Farm Inc., and The Coca Cola Co. are some of the major market participants. The Increased online penetration of products, frequent product launches, and consumers purchasing health-benefiting products will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Flavored Yogurt Market 2023-2027: Segmentation

The Flavored Yogurt Market is segmented by:

• Form factor
• Spoonable
• Drinkable
• Distribution Channel
• Offline
• Online
• Geography 
• APAC
• Europe
• North America
• South America
• Middle East And Africa

The market share growth by the spoonable segment will be significant for overall market growth during the forecast period. This type of yogurt has grown in popularity recently due to its health benefits and convenience. As spoonable yogurt can be consumed in a more traditional way and is a flexible ingredient in cooking and baking, many consumers prefer it to other types of yogurt, such as drinkable or squeezable yogurt. Hence, the high demand for spoonable yogurt is likely to continue to grow, which in turn will boost the growth of the global market during the forecast period.

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Some of the major vendors of the flavored yogurt market include Arla Foods amba, Cabot Creamery, Chobani Global Holdings LLC, Chr Hansen Holding AS, Danone SA, Emmi Group, Fage International SA, Fonterra Cooperative Group Ltd., General Mills Inc., Gujarat Cooperative Milk Marketing Federation Ltd., LACTALIS Group, Lausanne Dairies, Menchies Group Inc., Mother Dairy Fruit and Vegetable Pvt. Ltd., Muller UK and Ireland Group LLP, Nestle SA, Noosa yoghurt, Sameer Agriculture and Livestock Ltd., Stonyfield Farm Inc., and The Coca Cola Co.. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the flavored yogurt market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Vendor Offerings

• Cabot Creamery - The company offers yogurts such as Lowfat Plain Greek Yogurt and Plain Greek Yogurt.
• Chr Hansen Holding AS - The company offers yogurts under the brand name YOFLEX.
• Danone SA - The company offers yogurts such as fruit yogurts and flavored yogurts.

The flavored yogurt market is fragmented, and the degree of fragmentation will accelerate. The increased online penetration of products will offer immense growth opportunities. However, the Increasing lactose intolerance among consumers will hamper the market growth.

Flavored Yogurt Market 2023-2027: Market Dynamics

Key Drivers

• The increased online penetration of products significantly drives market growth. 
• A shift toward online websites by consumers to buy groceries and other eatables such as flavored yogurt can be observed in the market. 
• Since online retailers are convenient and provide services like same-day delivery as well as a variety of offers and discounts, consumers prefer to place their orders through online retailers.
• Hence, such drivers boost the market growth during the forecast period.

Major Trends

• Plant-based product gaining traction is an emerging trend in the flavored yogurt market. 
• Customers search for alternatives to dairy-based products because they have become more health conscious.
• Yogurt made from plants often has fewer calories, saturated fat, and cholesterol and can be a good source of protein and fiber.
• Furthermore, yogurt made from plant-based ingredients like soy, almonds, or coconut has a smaller environmental impact.
• Yogurt made from dairy cannot be consumed by those who have lactose intolerance, or dairy allergies, or who follow a vegan or vegetarian diet, for which, yogurt made from plants is a good substitute for these people.
• Hence, such trends fuel the market growth during the forecast period.

Significant Challenges

• Increasing lactose intolerance among consumers is a major challenge hindering market growth. 
• Lactose intolerance occurs when the body is unable to digest the lactose found in milk and other dairy products.
• Bloating, gas, diarrhea, and abdominal pain are common lactose intolerance symptoms.
• As a result of the campaigns and initiatives launched by businesses to raise awareness of the problem of lactose intolerance and inform consumers of the terrible consequences, the prevalence of lactose intolerance conditions has increased among people in various parts of the world.
• Hence, conditions like lactose intolerance impede market growth during the forecast period.

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Flavored Yogurt Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist flavored yogurt market growth during the next five years
• Estimation of the flavored yogurt market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the flavored yogurt market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of flavored yogurt market vendors

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The ice cream market is estimated to grow at a CAGR of 5.93% between 2022 and 2027. The size of the market is forecast to increase by USD 26,308.74 million. This report extensively covers market segmentation by product (impulse, take home, and artisanal), type (dairy and non-dairy), and geography (North America, APAC, Europe, South America, and Middle East and Africa). The increasing popularity of plant-based ice cream is notably driving the market growth. 

The yogurt market is estimated to grow at a CAGR of 6.23% between 2022 and 2027. The size of the market is forecasted to increase by USD 42.2 billion. This report extensively covers market segmentation by product (spoonable yogurt and drinkable yogurt), flavor (plain and flavored), and geography (APAC, Europe, North America, South America, and Middle East and Africa). The growing consumption of greek yogurt is notably driving the market growth.

Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary ? Chart on Market Overview
• Exhibit 02: Executive Summary ? Data Table on Market Overview
• Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
• Exhibit 04: Executive Summary ? Chart on Market by Geography
• Exhibit 05: Executive Summary ? Chart on Market Segmentation by Form Factor
• Exhibit 06: Executive Summary ? Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary ? Chart on Incremental Growth
• Exhibit 08: Executive Summary ? Data Table on Incremental Growth
• Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global flavored yogurt market 2017 - 2021 
• Exhibit 18: Historic Market Size ? Data Table on Global flavored yogurt market 2017 - 2021 ($ million)

• 4.2 Form factor Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size ? Form factor Segment 2017 - 2021 ($ million)

• 4.3 Distribution Channel Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size ? Distribution Channel Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size ? Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size ? Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers ? Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers ? Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants ? Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes ? Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry ? Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Form Factor

• 6.1 Market segments
• Exhibit 30: Chart on Form Factor - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Form Factor - Market share 2022-2027 (%)

• 6.2 Comparison by Form Factor 
• Exhibit 32: Chart on Comparison by Form Factor
• Exhibit 33: Data Table on Comparison by Form Factor

• 6.3 Spoonable - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Spoonable - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Spoonable - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Spoonable - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Spoonable - Year-over-year growth 2022-2027 (%)

• 6.4 Drinkable - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Drinkable - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Drinkable - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Drinkable - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Drinkable - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Form Factor 
• Exhibit 42: Market opportunity by Form Factor ($ million)
• Exhibit 43: Data Table on Market opportunity by Form Factor ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments
• Exhibit 44: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 46: Chart on Comparison by Distribution Channel
• Exhibit 47: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel 
• Exhibit 56: Market opportunity by Distribution Channel ($ million)
• Exhibit 57: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Ireland - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Ireland - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Ireland - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Ireland - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Ireland - Year-over-year growth 2022-2027 (%)

• 9.11 Australia - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Australia - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Australia - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Australia - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Australia - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027 
• Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 Chobani Global Holdings LLC 
• Exhibit 111: Chobani Global Holdings LLC - Overview
• Exhibit 112: Chobani Global Holdings LLC - Product / Service
• Exhibit 113: Chobani Global Holdings LLC - Key offerings

• 12.4 Chr Hansen Holding AS 
• Exhibit 114: Chr Hansen Holding AS - Overview
• Exhibit 115: Chr Hansen Holding AS - Business segments
• Exhibit 116: Chr Hansen Holding AS - Key news
• Exhibit 117: Chr Hansen Holding AS - Key offerings
• Exhibit 118: Chr Hansen Holding AS - Segment focus

• 12.5 Danone SA
• Exhibit 119: Danone SA - Overview
• Exhibit 120: Danone SA - Business segments
• Exhibit 121: Danone SA - Key news
• Exhibit 122: Danone SA - Key offerings
• Exhibit 123: Danone SA - Segment focus

• 12.6 Fage International SA 
• Exhibit 124: Fage International SA - Overview
• Exhibit 125: Fage International SA - Product / Service
• Exhibit 126: Fage International SA - Key offerings

• 12.7 Fonterra Cooperative Group Ltd. 
• Exhibit 127: Fonterra Cooperative Group Ltd. - Overview
• Exhibit 128: Fonterra Cooperative Group Ltd. - Business segments
• Exhibit 129: Fonterra Cooperative Group Ltd. - Key offerings
• Exhibit 130: Fonterra Cooperative Group Ltd. - Segment focus

• 12.8 General Mills Inc.
• Exhibit 131: General Mills Inc. - Overview
• Exhibit 132: General Mills Inc. - Business segments
• Exhibit 133: General Mills Inc. - Key news
• Exhibit 134: General Mills Inc. - Key offerings
• Exhibit 135: General Mills Inc. - Segment focus

• 12.9 LACTALIS Group
• Exhibit 136: LACTALIS Group - Overview
• Exhibit 137: LACTALIS Group - Product / Service
• Exhibit 138: LACTALIS Group - Key offerings

• 12.10 Lausanne Dairies
• Exhibit 139: Lausanne Dairies - Overview
• Exhibit 140: Lausanne Dairies - Product / Service
• Exhibit 141: Lausanne Dairies - Key offerings

• 12.11 Menchies Group Inc.
• Exhibit 142: Menchies Group Inc. - Overview
• Exhibit 143: Menchies Group Inc. - Product / Service
• Exhibit 144: Menchies Group Inc. - Key offerings

• 12.12 Mother Dairy Fruit and Vegetable Pvt. Ltd. 
• Exhibit 145: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Overview
• Exhibit 146: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Product / Service
• Exhibit 147: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Key offerings

• 12.13 Muller UK and Ireland Group LLP 
• Exhibit 148: Muller UK and Ireland Group LLP - Overview
• Exhibit 149: Muller UK and Ireland Group LLP - Product / Service
• Exhibit 150: Muller UK and Ireland Group LLP - Key offerings

• 12.14 Nestle SA
• Exhibit 151: Nestle SA - Overview
• Exhibit 152: Nestle SA - Business segments
• Exhibit 153: Nestle SA - Key news
• Exhibit 154: Nestle SA - Key offerings
• Exhibit 155: Nestle SA - Segment focus

• 12.15 Sameer Agriculture and Livestock Ltd. 
• Exhibit 156: Sameer Agriculture and Livestock Ltd. - Overview
• Exhibit 157: Sameer Agriculture and Livestock Ltd. - Product / Service
• Exhibit 158: Sameer Agriculture and Livestock Ltd. - Key offerings

• 12.16 Stonyfield Farm Inc.
• Exhibit 159: Stonyfield Farm Inc. - Overview
• Exhibit 160: Stonyfield Farm Inc. - Product / Service
• Exhibit 161: Stonyfield Farm Inc. - Key offerings

• 12.17 The Coca Cola Co.
• Exhibit 162: The Coca Cola Co. - Overview
• Exhibit 163: The Coca Cola Co. - Business segments
• Exhibit 164: The Coca Cola Co. - Key news
• Exhibit 165: The Coca Cola Co. - Key offerings
• Exhibit 166: The Coca Cola Co. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 167: Inclusions checklist
• Exhibit 168: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 169: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 170: Research methodology
• Exhibit 171: Validation techniques employed for market sizing
• Exhibit 172: Information sources

• 13.5 List of abbreviations 
• Exhibit 173: List of abbreviations

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