Global Greek Yogurt Market Analysis Based On Flavor, Distribution Channel, And Region

 Greek Yogurt Industry Overview

The global greek yogurt market size was valued at USD 27.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.0% from 2021 to 2028. A change in consumer preferences and high demand for clean label foods are the key factors driving the growth of the market. The COVID-19 pandemic has led to an increase in sales of dairy products such as yogurt and cheese leading to high demand for the products. Lockdowns caused by the COVID-19 pandemic in several parts of the world led to stockpiling of essential food products. The pandemic has also shifted consumer preference toward organic foods as several customers are looking for clear ingredient lists.

The growing awareness among consumers regarding transparency in the ingredient list in food products is driving the demand for clean label products. According to the Institute for Food Technologists, a clean label means producing a product with the least number of ingredients and making sure the ingredient lists are recognized as wholesome by the customers. Furthermore, the stringent rules and regulations authorized by regulatory bodies such as the Food and Drug Administration (FDA) are proliferating the demand for clean-label foods.


Gather more insights about the market drivers, restrains and growth of the Global Greek Yogurt market

 

According to a study published by Lindberg International, 73% of consumers would buy organic dairy products if they were widely available. The demand for clean label products is on the rise across several regions with an emphasis on the usage of natural products. According to Cargill Inc., eight of 10 customers prefer clean label products. The increasing focus of the manufacturers on producing clean-label yogurt is anticipated to bode well for the overall growth of the Greek yogurt market.


Browse through Grand View Research's Consumer F&B Industry Research Reports.

  • Brewer’s Yeast Market - The global brewer’s yeast market size was valued at USD 5,812.31 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030.

 

  • Coffee Roaster Market - The global coffee roaster market size was valued at USD 1,286.2 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030.

 

Greek Yogurt Market Segmentation

Grand View Research has segmented the global greek yogurt market based on flavor, distribution channel, and region:

Greek Yogurt Flavor Outlook (Revenue, USD Million, 2016 - 2028)

  • Strawberry
  • Vanilla
  • Blueberry
  • Peach
  • Others

Greek Yogurt Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Supermarkets
  • Convenience Stores
  • Online
  • Others

Greek Yogurt Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

 

Market Share Insights

  • 2021: Chobani became the foremost company in the U.S. dairy industry to be validated with the Fair Trade seal of approval. The certification indicates that the company is working with farms and cooperatives to improve the conditions of the employees.

 

Key Companies profiled:

Some of the key players in the global greek yogurt market include:

  • Chobani Holdings LLC
  • Danone
  • Fage International S.A
  • Nestle S.A
  • General Mills, Inc.
  • Parmalat S.p.A
  • Muller UK & Ireland Group
  • The Kroger Co.
  • Wallaby Yogurt Company
  • The Hain Celestial Group
  • Stonyfield

 

Order a free sample PDF of the Greek Yogurt Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

 

Comments

Post a Comment

Popular posts from this blog

Stevia Drinks Market CAGR Value, Outlook, Analysis and Future Forecast 2025

This report studies the global market size of Stevia Drinks in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Stevia Drinks in these regions. This research report categorizes the global Stevia Drinks market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. Download Free Sample Report @ https://www.radiantinsights.com/research/global-stevia-drinks-market-insights-forecast-to-2025/request-sample In 2017, the global Stevia Drinks market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018. The objectives of this study are to define, segment, and project the size of the Stevia Drinks market based on company, product type, appli
Read more

MEA Cold Chain Market forecast, challenge and analysis to 2014 - 2025

The MEA cold chain market is anticipated to reach USD 11.45 billion by 2025, according to a new report by Radiant insights, inc. Improving the packaging of crops has become essential owing to the expansion of trade over the past few years. As such, the materials used for packaging play a significant role in enhancing the storage life. Pre-cooling refers to the optimal storage temperature of crops to reduce the metabolic and microbiological changes. Moreover, proper storage extends the shelf-life of crops before they are consumed. Various cooling methods include forced air cooling, vacuum cooling, room cooling, package icing, and hydro cooling. Factors determining the selection of pre-cooling methods include convenience, economy, and utilization of the existing equipment. Download full research Report @ http://www.radiantinsights.com/research/mea-cold-chain-market Increasing usage of devices such as RFID readers and barcode scanners to streamline inventory and shipping management
Read more

Success Case Study: Lily's Kitchen Pet Food - Tapping into a gap in the market for natural and organic pet food for dogs and cats

Success Case Study: Lily's Kitchen Pet Food - Tapping into a gap in the market for natural and organic pet food for dogs and cats Summary " Success Case Study: Lily's Kitchen Pet Food " is part of GlobalData's Successes and Failures research. It examines the details and the reasons behind the success of Lily's Kitchen in the U.K. It delivers the critical "what?", "why?" and "so what?" analysis to teach you crucial lessons that increase your chances of launching successful products in the pet food market. Lily's Kitchen was founded in 2008 by former magazine publisher Henrietta Morrison, with the intention of providing nutritious and wholesome pet food made with natural, organic ingredients. It has capitalized on the demand for natural, organic pet food by addressing and catering to the individual needs of pets. Download full research Report @ http://www.radiantinsights.com/research/success-case-study-lily-s-kitchen-pe
Read more