Market Research Future Insights
According to MRFR analysis, the Flavored Yogurt Market is expected to register a CAGR of 4.7% from 2022 to 2030 and hold a value of over USD 95 billion by 2030.
The Flavored Yogurt Market refers to the industry segment that focuses on the production, distribution, and consumption of yogurt products with various flavors. Yogurt is a dairy product that is made by fermenting milk with specific bacteria cultures. Flavored yogurt includes additional ingredients such as fruits, nuts, sweeteners, and flavorings to enhance its taste and appeal to consumers.
The flavored yogurt market is driven by factors such as changing dietary preferences, rising health awareness, and the availability of innovative product variations.
The COVID-19 pandemic had a significant impact on Flavored Yogurt Market. The lockdowns and restrictions imposed to curb the spread of the virus disrupted supply chains, affecting the sourcing of raw materials, manufacturing, and distribution of flavored yogurt products. This led to delays in production, shortages, and logistical challenges for manufacturers.
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Key Players
Some of the key market players are:
Market Segmentation
The Flavored Yogurt Market has been segmented into type and end use.
Based on the type, the market has been segmented into conventional, fat-free and low-fat.
Based on the end use, the market has been segmented into store-based and non-store-based.
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Regional Analysis
The largest region in the Flavored Yogurt Market is North America. Europe and North America have been prominent regions in terms of market size and consumption of flavored yogurt.
Europe has been a significant market for flavored yogurt. Countries like France, Germany, and the United Kingdom have a long-standing tradition of consuming yogurt and dairy products. Yogurt is a common part of the European diet, and flavored yogurt variants have gained popularity among consumers.
North America, particularly the United States, is another significant region in the flavored yogurt market. Yogurt consumption has been on the rise in the United States, driven by factors such as health consciousness, demand for convenient snacking options, and a preference for varied flavors.
Discover more research Reports on Food, Beverages & Nutrition Industry, by Market Research Future:
Savory Yogurt Foods Market Research Report Information Report by Product (Drinks, Fruit-Flavored Foods, Vegetable-Flavored Foods, Desserts, and others), Type (Strained, Unstrained, Flavored, Low Fat and Full Fat), and Region – Forecast to 2030
Low-Fat Yogurt Market Research Report Information: by Type (Flavored, Plain, Organic, Fruit and Others), Distribution Channel (Store-Based- Convenience Store, Supermarkets & Hypermarkets, Specialty Retailers, others and Non-Store Based) and Region – Forecast till 2027
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