Greek Yogurt Market Size with Healthy CAGR of 11.00% by 2029, Size, Share, Demand, Rising Trends and Competitive Outlook
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Market Analysis and Insights of Global Greek
Yogurt Market
Data Bridge Market Research analyses that the
greek yogurt market was valued at USD 7.75 billion in 2021 and is expected to
reach the value of USD 17.86 billion by 2029, at a CAGR of 11.00% during the
forecast period of 2022-2029. In addition to the insights on market scenarios
such as market value, growth rate, segmentation, geographical coverage, and
major players, the market reports curated by the Data Bridge Market Research
also include in-depth expert analysis, geographically represented company-wise
production and capacity, network layouts of distributors and partners, detailed
and updated price trend analysis and deficit analysis of supply chain and
demand.
Greek
yoghurt, also known as yoghurt cheese or sack yoghurt, is made by straining
curd and separating it from the liquid whey. Compared to regular curd, the
straining process makes the yoghurt thicker and creamier. Greek yoghurt has a
high protein, calcium, and vitamin-B content, probiotic properties and a low
carbohydrate content.
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Market Scope and Global
Greek Yogurt Market
The major players covered in the greek yogurt
market report are FAGE USA Dairy Industry, Inc, Hain Celestial, Cabot
Corporation, Vivartia Δικαιώματα, Trader Joe's, Nestlé, Chobani, Stonyfield
Farm, Fage, General Mills, Auburn Dairy, Delta Foods Pvt. Ltd., Easiyo Products
Limited, Ehrmann, Emmi Nederland B.V., Glenisk Limited, Kalypso Greek Yogurt,
Mevgal, Müller UK & Ireland and Olympus Corporation among other domestic
and global players. Market share data is available for global, North America,
Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America
separately. DBMR analysts understand competitive strengths and provide competitive
analysis for each competitor separately.
Global
Greek Yogurt Market Scope
The greek yogurt market is segmented on the basis of product,
flavor, category and application. The growth amongst these segments will help
you analyze meagre growth segments in the industries and provide the users with
a valuable market overview and market insights to help them make strategic
decisions for identifying core market applications.
Product
- Full-Fat Greek Yogurt
- De-Fat Greek Yogurt
- Fat-Free Greek Yogurt
Flavor
- Unflavored
- Vanilla
- Strawberry
- Blueberry
- Raspberry
- Blends
- Others
Category
- Organic
- Conventional
Applications
- Children
- Adults
Complete
Report Details with Facts and Figures along respective Images and Graphs (TOC)
@ https://www.databridgemarketresearch.com/toc/?dbmr=global-greek-yogurt-market
Global
Greek Yogurt Market Dynamics
Drivers
- Rising
popularity of low-fat and weight management products
One of the key factors driving the global greek yoghurt market
is a shift in consumer health consciousness and dietary preferences toward
healthy and nutrient-rich food products. Greek yoghurt has grown in popularity
among consumers as the consumption of fat-free and weight-management products
has increased. Greek yoghurt is widely used in the meal preparation and as a
sweet snack mixed with fruits in countries such as the United States, Mexico,
and Canada.
- Widespread
availability through various retail channel
Aside from that, the introduction of yoghurt in various exotic
flavours such as blueberry, raspberry, mango,
and strawberry, as well as its widespread availability through different online
and offline retail channels, are driving up global sales. Furthermore, key
players are investing significantly in innovative packaging solutions, such as
squeezable tubes and containers with anti-choking caps, creating a positive
outlook for the market.
Opportunities
Yakult, Danone, Nestle, and Chobani are the significant players
spreading awareness and promoting yoghurt consumption. Conversely, rising
demand for yoghurt in developing countries due to increasing disposable income
and increased health awareness is expected to provide numerous opportunities
for global market development.
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