Future Market Insights has announced the addition of the “Non GMO Yogurt Market: Global Industry Analysis and Opportunity Assessment 2016-2026” report to their offering.
Valley Cottage, NY -- (SBWIRE) -- 01/12/2017 -- Non-GMO and organic foods, apart from natural food stores, Non-GMO products now came in mainstream and sold in major supermarkets nationwide. It has been noticed, consumer is demanding more organic & Non GMO products. Non-GMO yogurt is where the presence of toxic persistent pesticides, artificial hormones and antibiotics, for production of the milk is zero. The use of Non-GMO reached nearly 11% on food and beverages since 2013, the demand has been increased of Non-GMO products. In the US, a survey was conducted for GMO and Non-GMO food products, Maximum Americans agreed on the fact that GMO food product are not safe to eat and also not good for health.
Non-GMO Yogurt Market: Segmentation
Non GMO yogurt market is segmented on the basis of types, flavors & distribution channel. On the basis of types: Regular Yogurt, Blended Yogurt, Low fat yogurt, nonfat yogurt, Purely Unsweetened Yogurt, Sour Yogurt, Plain Yogurt, Drinkable yogurt and Heavy Cream Yogurt. On the basis of Flavors: Fruit (mango, Strawberry, Blueberry, Kiwi and Peach), Chocolate and Vanilla. On the basis of distribution Channel: Super Market/ Hyper Market, Food Service Outlets, Convenience Stores, Specialty Stores, Online Stores and others.
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Non-GMO Yogurt Market: Region wise Outlook
Depending on geographic regions, global Non-GMO yogurt market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa.
North America is the prominent market for Non-GMO yogurt due to the key players in this region and the availability of raw materials. Whereas, in Europe it is projected to grow at a substantial growth due to consumer as they are becoming concerned about their health, the global Non-GMO yogurt market value exhibiting a robust CAGR during the forecast period, 2016-2026. In the USA, Chobani is the largest manufacturer of greek yogurt, which covers 50% of the market share. Dannon is also one of the largest manufacturer of Non-GMO yogurt in USA which contain more natural ingredients, it has also partnered with Non-Government Organization (NGO) Green America and the Non-GMO Project, So that they can develop Sources of Non-GMO feed for cows.
Non-GMO Yogurt Market: Drivers
As the demand of Non-GMO product is rising every day as consumers are becoming more concerned about their health. Consumers are becoming more aware about Non-GMO products and easy availability of raw materials in some regions. Raising awareness about the Non-GMO products all across over the Globe is also one of the major factors anticipated to expand the growth of Non-GMO Yogurt market over the forecast period. In 2018, Dannon will introduce 3 brands of Non-GMO Yogurt i.e. Dannon, Oikos & Danimals, that will be fed by the Non-GMO Feed.
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Non-GMO Market: Key Players
Some of the international key players identified operating in Non-GMO yogurt market includes Brown Cow Yogurt, Stonyfield Farm, Maia inspired nutrition, Chobani, General Mills, THE GREEK GODS and others. The company is likely to expand its share over the next coming years as consumers are becoming more aware about Non-GMO products and are more concerned about their health. More companies are expected to enter into manufacturing of Non-GMO products in future.