Rising Prominence among Young Adults and Health Conscious Consumers Driving the Global Yogurt Market

Numerous health benefits coupled by the availability of a wide variety of flavours and textures is currently driving theglobal yogurt market. At present, the European Union represents the largest market for yogurt followed by North America, Eastern Europe and Latin America.

A new report released by IMARC Group titled “Yogurt Market – Industry Trends, Key Players, Manufacturing Process  Machinery, Raw Materials, Cost and Revenue” finds that the global yogurt market reached a volume of around 13 Million Tons in 2015, growing at a CAGR of 1.2 % during 2008-2015. Being a fermented milk product, yogurt contains probiotics which help to reduce the risk of osteoporosis, regulate the digestive system and enhance immunity. Yogurt is a balanced source of calcium, high-quality proteins, fats, vitamins and minerals, as a result of which, including one serving of yogurt in every day diet is considered good for the overall health. It can further be fortified with other nutrients as a consequence of which, the amount of nutrient content may vary from brand to brand. These days, a wide variety of yogurt flavours along with different textures are available in the market. Moreover, a shift in the eating habits along with young adults consuming yogurt as a snack, dessert or as a part of a healthy diet has made it a popular food item in recent years. Several factors such as growing health consciousness, increasing disposable incomes, product innovation, growing popularity of ready-to-eat foods, expanding distribution channels and a rising demand from developing regions are currently fuelling the growth of the global yogurt market.

The report covers an in-depth study of the global yogurt market along with the classification based on forms of yogurt and a market share analysis of the key regions. The popular forms of yogurt currently available in the market include firm yogurt, stirred yogurt, drinking yogurt and frozen yogurt. Geographically, the European Union is currently the largest producer of yogurt accounting for the majority of the market share followed by North America, Eastern Europe and Latin America. The report has also analysed some of the key global players operating in this market. According to the study, Lactalis Group, General Mills Inc., Nestle, FrieslandCampina, Danone, Yili Industrial Group, China Mengniu Dairy and Yakult Honsha Co. Ltd. are the top manufacturers of yogurt globally.

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This report provides a detailed technical insight on setting up and operating a yogurt manufacturing plant. It contours all the prerequisites of the yogurt industry and provides a comprehensive analysis of the market, industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. In order to provide a clearer picture, the report has also presented this information in the form of a dynamic excel model where users can analyse the entire information and also change various inputs according to their requirements. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the yogurt industry in any manner.

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