The Frozen Yogurt Market was valued at USD 7.93 billion in 2021 and is expected to reach the value of USD 10.75 billion by 2029, at a CAGR of 5.8% during the forecast period.
Frozen Yogurt Market – Scope and Size
- The primary factor driving the market in the medium term is increased consumer preference for non-dairy, low-calorie, high-protein, and healthier desserts. Furthermore, the growing popularity of low-fat frozen yoghurt and the introduction of healthy product variants in a variety of flavours are likely to provide consumers looking for a healthy alternative to frozen desserts with a plethora of options. Furthermore, busy lifestyles, combined with health and wellness concerns, are driving consumers to choose convenient frozen dessert-based snacks and frozen yoghurt as meal replacements.
- The frozen yogurt market is segmented on the basis of category, flavour, product type and distribution channel. 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.
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Market Analysis and Insights Frozen Yogurt Market
- North America dominates the frozen yoghurt market and will continue to do so during the forecast period due to consumer preferences in this region shifting from dairy-based frozen yoghurt to non-dairy-based frozen yoghurt products.
- Product development, a high level of disposable income, and the presence of various frozen yoghurt flavours will accelerate the market's growth rate in this region. Due to rising consumer demand for frozen desserts and rising incidences of digestive disorders such as lactose intolerance in this region, Asia-Pacific is expected to grow at a significant rate during the forecast period of 2022-2029.
- Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries.
Frozen Yogurt Market Country Level Analysis
The countries covered in the frozen yogurt market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Frozen Yogurt Market Share Analysis
The frozen yogurt market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to frozen yogurt market.
Key Players Frozen Yogurt Market
- Chr. Hansen Holding A/S (Denmark)
- Yakult Honsha Co., Ltd (Japan)
- Nestlé (Switzerland)
- DuPont (US)
- MORINAGA & CO., LTD (Japan)
- BioGaia AB (Sweden)
- Protexin (UK)
- Daflorn Probiotics UK (UK)
- DANONE (France)
- Yakult U.S.A. Inc. (US)
- Deerland Enzymes, Inc. (US)
- UAS Laboratories (US)
- Goerlich Pharma GmbH (Germany)
- SANZYME BIOLOGICS PVT. LTD. (India)
- DSM (Netherlands)
- NutraScience Labs (US)
- Kerry Group plc (Ireland)
- Lallemand Inc. (Canada)
- Lonza (Switzerland)
- Winclove Probiotics (Netherlands)
- Probi (Sweden)
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Frozen Yogurt Market by Product & Procedure type
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