Overview:
Yogurt is basically a dairy based product. It is generally procured from bacterial fermentation of milk. The yogurt is significantly nutritious and an outstanding source of calcium, potassium and protein. Yogurt is relatively low in calories and has wide minerals and vitamins included in it. It is generally a refined milk product that is sourced and solidified by the specific lactic acid producing cultures included in milk. Rising benefits of consuming yogurt is anticipated to expand the growth of fat free yogurt market during the forecast period.
The global fat free yogurt market is growing at a significant pace and is anticipated to observe robust growth over the next seven years till 2023. Rising health consciousness as well as avoiding unhealthy consumption of food is expected to strengthen the demand for fat free yogurt and the market growth during the forecast period. Apart from this, rising availability of fruit flavored yogurt with varied health benefits is anticipated to intensify the growth of fat free yogurt market during the forecast period.
At present, North America region captured the maximum share in revenue of fat free yogurt market and is anticipated to dominate over the forecast period. Rising awareness related to benefits of eating fat free yogurt as well as increasing awareness related to consumption of fat free and healthy products is expected to expand the growth of North American fat free yogurt market over the forecast period. Increasing consumption of flavored yogurt especially in developing countries such as India and China is likely to support the growth of Asia Pacific fat free yogurt market till 2023.
The global fat free yogurt market is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Global Fat Free Yogurt market is segmented on the following bases:
- By Form
- Frozen Yogurt
- Greek Yogurt
- Set Yogurt
- Yogurt in form of Drinks
- By Type
- Flavored Yogurt
- Regular Yogurt
- By Sales Channel
- Supermarket/Hypermarket
- Convenience Store
- Grocery Store
- Online Store
- Others
- By Geography
- North America
- Europe
- U.K.
- France
- Germany
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australasia
- Rest of APAC
- Rest of World
- Latin America
- Brazil
- Rest of Latin America
- Middle-East & Africa
- Africa
Key Players Identified Across the Value Chain in the Fat Free Yogurt Market include but are not limited to:
Nestle S.A., Ultima Foods Inc., Kraft Foods Group Inc., Danone Groupe SA, General Mills, Chobani Inc., Yakult Honsha Co. Ltd., Grupo Alpura, and others.
This report offers:
- An overview of the global Fat Free Yogurt market
- Market trends assessment for the period 2016-2023, with historical information for 2013 & 2014, and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
- A general overview of the industry structure
- Company profiles highlighting key information about the major players operating in the global Fat Free Yogurt market
- This report includes estimation of market sizes for value. Both, top-down and bottom-up approaches have been used to estimate and validate the size of the Fat Free Yogurt market
