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Functional Yogurt Market by Type (Lactose intolerance, Constipation, Diarrhea, Colon cancer, Inflammatory bowel disease) by Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online): Global Industry Size, Share, Statistics and Forecast 2016 - 2028

Yogurt consumption goes as far back as ancient times. Since functional yogurt is so nutritious and healthy, it is expected to achieve a remarkably high growth rate. Yogurt is a crucial dairy product that already enjoys high consumption worldwide. It is known to be one of the healthiest foods people can eat. However, the critical drawback of yogurt is that it requires plenty of time for fermentation and is thus less well-suited for mass production. On the other hand, yogurt has been found to provide various health benefits, such as the reduced risk of osteoporosis, since it is a rich calcium source. These are factors that will fuel the rapid growth of the functional yogurt market. 

functional-yogurt-market

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The global Functional Yogurt market is expected to provide a cumulative growth of USD 243 billion between 2022 and 2028. The global Functional Yogurt market has shown rapid recovery from the inevitable decline in 2020 and bounced back with almost 6.08% growth in 2021. As a result, the revenue garnered by the global Functional Yogurt industry in 2021 stood at USD 23,787.42 million, which is likely to cross the USD 3,7291.25 million mark by the end of 2028.

Interesting Facts about the Functional Yogurt Industry

  • Health Benefits of Functional Yogurt Include Improve Digestion and Bone Health
  • Functional Yogurt contains Vitamin B6 and B12, Magnesium, Riboflavin, and Potassium.
  • Some Functional Yogurts are also Claimed to Have the Ability to Brain Functioning.
  • Different Functions of Functional Yogurt Includes Low fat or non-fat, Kefir, Greek Yogurt, Skyr, Frozen Yogurt, and Non-dairy Yogurt.
  • Europe is the Leading Market for Functional Yogurt

Yogurt is made with the help of bacterial colonies known as cultures. These healthy bacteria are responsible for the fermentation process that produces functional yogurt. The fermentation process produces lactic acid, the substance that curdles milk proteins, thereby imparting the characteristic texture and flavor that people identify with useful yogurt.

Rising Health Awareness

As the world’s population becomes increasingly health-conscious, the consumption of healthy foods will rise exponentially. Another critical benefit of yogurt that will drive it demands a highly versatile food. Since it can be made from various milk, yogurt is a viable ingredient for the mass production of dairy health foods.

Another critical factor driving its growth is the excellent taste of yogurt. Since yogurt naturally tastes good even in the absence of sugar and other synthetic flavor enhancers, it will continue to be the favorite health food of health-conscious consumers. As a result, the functional yogurt market will steeply rise.

Unhealth Ingredients to Affect Growth Rate

Unfortunately, various brands are now producing yogurt filled with sugar and other flavor enhancers, diminishing its health benefits. These kinds of foods are best avoided. Yogurt is one of the few foods with an almost complete nutritional profile. Few foods can match the high level of nutrients that functional yogurt possesses. And even fewer foods can match the nutritional value and the high beneficial bacteria that yogurt can provide.

Yogurt is a favorite with those on a diet and trying to lose weight. Functional yogurt is naturally low in calories and high in nutrients. Hence, it is a highly satiating food that suppresses hunger and controls weight. The increased amount of protein that is to be found in functional yogurt is a crucial reason for its appetite-suppressing properties.

Functional yogurt is a fantastic source of probiotics responsible for several of its reported health benefits. Few foods have as many probiotics as yogurt. Hence, yogurt will continue to be a popular choice for health-conscious consumers, which will have a high demand. Supermarkets & Hypermarkets, Convenience Stores, and Non-Store-Based are some essential distribution channels for functional yogurt.   

Lactalis Group, General Mills Inc., Nestle, Friesland Campina, Danone, and Yili Industrial Group Co. Ltd. Are some important players operating in the global functional yogurt market.

Frequently asked questions about global Functional Yogurt Industry

Functional Yogurts industry recorded slight impact of COVID 19 with decline of 8.27% growth rate in 2020

Europe is the largest regional market with highest share in the total volume of Functional Yogurt consumed in 2021

Strong and consistent demand Europe and rising health awareness among consumers is leading growth of functional yogurt industry

Digestive health segment dominated the Functional Yogurt market in 2021 with over 40% share

Supermarket & Hypermarket segment was the largest distribution channel of Functional Yogurt in 2021 with over 40% share

Functional Yogurt Report Scope

Report Attribute Details
Market Value in 2021 USD 27,287.42 million
Market Value in 2028 USD 37,291.25 million
CAGR 6.08% between 2021 and 2028
Benchmarking Year 2021
Past data 2016 – 2021
Report coverage Market Size Valuation, Share Analysis and Growth Rate by Segments such as Function and Distribution Channel, Company Share, Competitive Landscape and Trends Analysis
Segments covered

Function

Lactose intolerance

Constipation

Diarrhea

Colon cancer

Inflammatory bowel disease 

Distribution Channel

Supermarkets & Hypermarkets

Convenience Stores

Online

Major Players Analysed Lactalis Group, General Mills Inc., Nestle, Friesland Campina, Danone and Yili Industrial Group Co. Ltd.
Cost of the Report Write us at [email protected]
Choose License Type
Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Feb 2022
Category:  Food & Beverage
Report ID:   60489
Report Format:   PDF
Pages:   134
Rating:    4.6 (16)
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