Flavored Yogurt Market Report for Comprehensive Information 2019-2027 with Trends
Global “Flavored Yogurt Market” 2019 Research report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2027. This report also includes the overall and comprehensive study of the Flavored Yogurt market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Flavored Yogurt industry and provides data for making strategies to increase the market growth and effectiveness.
Seattle, WA -- (SBWire) -- 11/15/2019 --Yogurt, a fermented form of milk, when added with special flavors obtains from different sources like fruits and vegetables are termed as flavored yogurt. Rising demand for Innovative packaging is fuelling market growth. However, the high presence of preservatives is restraining market growth. Most of these products are prepared from dairy products such as milk and cream. These yogurts are available in various forms, shapes, colors, and packages.
Increasing health benefits and innovative packaging are factors fuelling market growth. However, the high presence of preservatives is hindering the growth of the market.
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Depending on Type, Standard Flavored Yogurt segment acquired considerable growth in the market. Owing to its health benefits there is even demand standard yogurt during the coming years. Based on the type, frozen segment commanded significant growth during the forecast period due to increasing demand for new flavors, low-calorie food products and rising consumer preferences for exotic flavors are factors favoring the market growth.
Flavored yogurt accounted for nearly three quarters of the market in 2017 and is expected to maintain its dominance in the coming years, owing to the availability of yogurt in several flavors such as vanilla, mango, pineapple and strawberry as well as exotic fruits like raspberry and plum. Moreover, availability of yogurt with different milk fat percentages caters to the diverse demand emerging from consumers preferring yogurt with either regular fat content, low fat or fat free. This availability of different options for health-conscious consumers is further anticipated to drive the growth of yogurt market, globally, during forecast period.
Growing acceptance of yogurt as a snack and availability of yogurt in different forms such as low fat, fat free and gluten free is boosting demand for yogurt across the globe. Players in the yogurt market should take more initiatives to increase consumer awareness about yogurt benefits. Moreover, they should consider entering into strategic collaborations with online retailers, which would allow them to explore a better medium to reach their end customers and capitalize on changing consumer needs.
By geography, Asia Pacific is anticipated to dominate the global market owing to the increasing income of people in this region and the shifting tastes and preferences of the consumers are the major factors fuelling market growth in this region.
Nestle SA, Danone SA, Cargill Inc, Fonterra, Yili, Mondelez International Group (Kraft), General Mills Inc, Arla Foods, Inc, Sargento Foods Inc, Arla Foods, Inc., Cargill Inc., Chobani, Fage, Yoplait, Wallaby, Stonyfield Farm, Straus Family Creamery, Redwood Hill Farm & Creamery are some of the main Top Keyplayer of Industry.
Manufacturers try to appease the consumers by offering products which matches the local taste preferences. There has been a considerable shift in the preferences of consumers towards nutritional value of the products while giving equal importance to taste and texture. In addition, yogurts with combination flavors are finding traction in the developed nations. The global market is fragmented with the presence of numerous regional and global players.
This Report has evaluated the future growth potential of yogurt market, globally and provides statistics and information on market structure, size, share and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in global yogurt market.
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