Global Low-Fat Yogurt Market By Origin (Organic Yogurt, and Non-Organic Yogurt), By Type (Flavoured, Plain, and Fruit), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: Jul 2022
- Report ID: 53285
- Number of Pages: 249
- Format:
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Low-Fat Yogurt Market Overview:
In 2021, the global low-fat yogurt market was valued at USD 12,650 million. The industry is estimated to grow at a 10.3% CAGR due to the increasing production of low-fat dairy products and the many health benefits that come with yogurt consumption.
Industry growth is also expected to be driven by technological advancements and increasing process automation.
Global Low-Fat Yogurt Market Scope:
Origin Analysis
Non-organic yogurt is made from artificial flavors, fruit sweeteners thickeners, stabilizers, and inactive cultures. Non-organic yogurt is made from milk but does not meet the requirements of the different governments around the world. These products are more durable and cheaper than organic ones.
These products are high in artificial sweeteners, additives, stabilizers, and other chemicals, which can be a problem for the sector’s growth. The industry faces major challenges due to rising health concerns and increased awareness about non-organic milk products. Numerous studies have shown that products made from artificial ingredients can cause many health problems.
Natural sources are used to make yogurt flavors, sweeteners, and stabilizers. For the fermentation process, organic low-fat yogurt uses live bacteria cultures. The organic low-fat yogurt market is growing due to increasing awareness about the dangers of conventional and synthetic products, as well as rising health concerns such as blood pressure, Crohn’s disease, diabetes, and other issues.
Type Analysis
There are three types of low-fat yogurt available in stores worldwide: plain, fruit, and flavor. With 45.3% of the global market share, the flavored segment was the most popular in 2021. Common flavors include vanilla, chocolate, coffee, mint, and pepper to enhance the flavor, texture, and aroma of the final product.
Organic flavored products are expected to increase in demand worldwide due to the numerous health benefits. The popularity of flavored products is growing in North America. The region’s population is very fond of their regular consumption.The Asian market is expected to grow due to rising demand in India and China for low-fat processed dairy products. Global dairy companies are working hard to expand their presence in the Asia Pacific through the opening of more production and distribution facilities. Globally, natural flavors are in high demand. To gain an edge in the market, players involved with the production of these products are developing new products.
Low-fat fruit yogurt is a popular dairy product. Because of the efficacy of its nutraceuticals, the product is growing in popularity, particularly in the Asia Pacific region. There are many fruit-flavored low-fat yogurt options available, including strawberry, banana, cherry, and blueberry.
Fruits are added to low-fat milk products for making fruit-based low-fat yogurt. This is made from whole fruits or small pieces of pulp, or on rare occasions, from fruit puree, or fruit concentrate. Pectins are naturally obtained from nature and are used as thickening agents to improve texture and appearance. Global players and research institutions are also working together to create low-fat yogurts from banana pulp and papaya.
Кеу Маrkеt Ѕеgmеntѕ
By Origin
- Organic Yogurt
- Non-Organic Yogurt
By Type
- Flavored
- Plain
- Fruit
Market Dynamics:
The market demand is expected to rise globally due to changing consumer preferences for healthy, delicious, organic dairy foods. The overall industry is expected to grow due to increased production and consumption in Europe of organic flavored products.
The global market is full of established players who are focusing on new processes and cost-saving strategies to increase their output. The U.S. and Western European dairy companies are driving the production of low-fat dairy products. These players, including Nestle and Danone, are expanding their production facilities worldwide.
Regional Analysis
In 2021, Europe dominated the global market. These regions accounted for approximately 42.4% of the total industry share. The economic growth in developing and emerging countries has led to the globalization of yogurt production over the past 20 years. Global players in Western Europe are driving the demand for the product. The future growth of regional demand will be boosted by favorable government regulations and the elimination of the European milk quota.
The Europe market is driven primarily by rising low-fat dairy consumption in the U.S. They are constantly trying new flavors to expand their market share.
The Asia Pacific is emerging as an attractive market due to a significant increase in dairy product consumption in India, Japan, and China. The region is expected to see an increase in demand due to rising disposable income and the preference for organic products by more consumers. Australia and New Zealand are the main suppliers of processed milk to the region. Industry growth is expected to be driven by the increasing export of dairy products.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
With many market players, the market is highly competitive. Market players are investing in research and development activities to innovate new and improved processes.
Маrkеt Кеу Рlауеrѕ:
- General Mills, Inc.
- Danone, Inc.
- Nestle S.A.
- Rainy Lanes Dairy Foods Ltd.
- Springfield Creamery
- Jalna Dairy Foods
- Wallaby Yogurt Company
- Kraft Foods Group
- Yakult Honsha
- Ultima Foods
- Other Key Players
For the Low-Fat Yogurt Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the size of the low-fat yogurt market in 2021?A: The Low-fat yogurt market size is US$ 12,650 million in 2021.
Q: What is the projected CAGR at which the Low-fat yogurt market is expected to grow at?A: The Low-fat yogurt market is expected to grow at a CAGR of 10.3% (2023-2032).
Q: List the segments encompassed in this report on the Low-fat yogurt market?A: Market.US has segmented the Aerosol refrigerants market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Origin, the market has been segmented into Non-Organic Yogurt and Organic Yogurt. By Type, the market has been further divided into, Flavored, Fruit, and Plain.
Q: List the key industry players of the Low-fat yogurt market?A: General Mills, Inc., Danone, Inc., Nestle S.A., Rainy Lanes Dairy Foods Ltd., Springfield Creamery, Jalna Dairy Foods, Wallaby Yogurt Company, Kraft Foods Group, and Other Key Players engaged in the Low-Fat Yogurt market.
Q: Which region is more appealing for vendors employed in the Low-fat yogurt market?A: Europe is expected to account for the highest revenue share of 42.4%. Therefore, the Low-fat yogurt industry in Europe is expected to garner significant business opportunities over the forecast period.
Q: Name the key areas of business for Low-fat yogurt?A: UK, Japan, Germany, The US, Canada, India, & China are key areas of operation for the Low-fat Yogurt Market.
Q: Which segment accounts for the greatest market share in the Low-fat yogurt industry?A: With respect to the Low-fat yogurt industry, vendors can expect to leverage greater prospective business opportunities through the flavored segment, as this area of interest accounts for the largest market share.
- General Mills, Inc.
- Danone, Inc.
- Nestlé S.A Company Profile
- Rainy Lanes Dairy Foods Ltd.
- Springfield Creamery
- Jalna Dairy Foods
- Wallaby Yogurt Company
- Kraft Foods Group
- Yakult Honsha
- Ultima Foods
- Other Key Players
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