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Flavored Yogurt Market Trends

  • Report ID: GMI10543
  • Published Date: Jul 2024
  • Report Format: PDF

Flavored Yogurt Market Trends

Technological advancements have had a huge impact on the flavored yogurt industry. Innovations in food processing and packaging technology have allowed manufacturers to increase the shelf life of yogurt products without sacrificing quality. Advanced fermentation processes have enhanced the texture and flavor of yogurt, increasing market appeal. According to the U.S. Department of Agriculture, the shelf life of dairy products has increased by 20% over the past decade due to these technological improvements.
 

Technological developments in manufacturing techniques have also resulted in the creation of new product varieties, such as Greek yogurt and plant-based yogurts. These goods necessitate unique production procedures to provide the proper texture, flavor, and nutritional profile. The Food and Drug Administration (FDA) reports a 15% annual growth in the production of plant-based yogurts, reflecting their rising popularity.
 

Furthermore, digital technology has revolutionized marketing and distribution techniques. Companies are using social media, influencer marketing, and data analytics to better understand consumer preferences and adjust their marketing strategies accordingly. E-commerce platforms and mobile apps have simplified the shopping process, giving consumers convenient access. The Federal Trade Commission (FTC) notes a 25% increase in online grocery sales, driven by the adoption of digital marketing and e-commerce solutions.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of flavored yogurt achieved USD 35.43 billion in 2023 and will record 5.9% CAGR from 2024 to 2032, backed by the health trends, rising consumer awareness, and product diversification.

Greek yogurt segment accounted for USD 15,129.7 Million in 2023 and is anticipated to record a 6.5% of CAGR during 2024-2032, owing to its claimed health benefits, such as higher protein content and lower sugar levels than ordinary yogurt.

North America is expected to record a 6.3% CAGR through 2032, backed by a significant consumer awareness and a strong preference for health-conscious options.

Cargill, Inc., Chi Limited, Chobani LLC, Danone S.A., Fonterra Co-operative Group, General Mills, Inc., Lactalis, Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestle S.A., and Parmalat S.p.A. among others.

Flavored Yogurt Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 173
  • Countries covered: 21
  • Pages: 200
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