Yogurt boasts a range of favorable properties, offering probiotics that aid digestion and promote gut health. Rich in protein, vitamins, and minerals, it supports overall wellness. Its versatility shines in applications as a standalone snack, breakfast option, or ingredient in culinary creations such as smoothies and dressings. Beneficial for bone health due to calcium content, yogurt also fits various dietary preferences. With its creamy texture and diverse flavors, yogurt remains a versatile and nutrient-packed choice for health-conscious consumers.
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Data Bridge Market Research analyses that the Europe Yogurt Market is growing with a CAGR of 4.6% in the forecast period of 2022 to 2029 and is expected to reach USD 25,604.92 million by 2029 from USD 17,867.75 million in 2021. The increasing recognition of yogurt's health advantages, including its probiotics and protein content, drives its popularity among individuals who prioritize their well-being. This awareness encourages health-conscious consumers to choose yogurt as a nutritious option that supports digestive health and provides essential nutrients.
Key Findings of the Study
Wide varieties of flavor is expected to drive the market's growth rate
Yogurt with taste has become increasingly popular among customers in the last ten years. Manufacturers have incorporated several tastes, including strawberry, blueberry, banana, and cherry, into their yogurts to meet consumer demand. Furthermore, most dairy products come in flavored varieties, such as flavored milk, flavored cheese, smoked flavored cheese, drinkable yogurt, flavored ordinary yogurt, and more. To improve the flavor of dairy products, manufacturers also add their tastes. Common varieties of yogurt found in stores include strawberry, blueberry, raspberry, vanilla, chocolate, banana, coconut, mixed berries, and tropical fruit, among others.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Yogurt Type (Regular Yogurt, Probiotic Yogurt, Bio Live Yogurt, Set Yogurt, SKYR/ Icelandic-Style Yogurt, Concentrated Yogurt, Stirred Yogurt and Others), Product Type (Drinkable Yogurt, Spoonable Yogurt, Frozen Yogurt and Others), Fat Content (Full Fat, Low Fat and Fat Free), Flavor (Plain and Flavored), Source Type (Animal-Based, Plant-Based and Artificial), Formulation (Sweetened and Unsweetened), Brand (Yoplait, Stonyfield Greek, Oikos, Chobani, Yeo, Activia, Icelandic Provisions Skyr, Corner, Arla Skyr, Isey Skyr and Other), Inclusion Category (Plain and With Inclusions and Toppings), Fortification (Regular and Fortified), Claim (Gluten Free, Lactose Free, Artificial Preservatives Free, Dairy Free, Soy Free, Non-Gmo, Sugar Free, Calorie Free, With All Of The Above Claim, Regular With No Claims and Others), Organic Category (Conventional and Organic), Brand (Branded and Private Label), Packaging (Bag-In-Box, Pouches, Jars, Cups, Bottles, Tetra Packs and Others), Packaging Size (Less Than 100 Grams, 100-200 Grams, 201-300 Grams and More Than 300 Grams), Distribution Channel (Store-Based Retailing and Non-Store Retailing)
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Countries Covered
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Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland and Rest of Europe
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Market Players Covered
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J Sainsbury plc (U.K.), arla Foods amba (Denmark and Sweden), DANONE (France), ICELANDIC PROVISIONS (Iceland) ÍSEY SKYR (Iceland), Yoplait USA, Inc. (U.S.), Chobani, LLC. (U.S.), MENCHIE’S GLOBAL HEADQUARTER (U.S.), COYO Pty Ltd. (Australia), Flor de Burgos (Spain), Dorfchäsi Noflen (Switzerland), Yogurt Barn (Netherlands), stornetta farms, inc. (U.S.), Ariete Fattoria Latte Sano SpA (Italy)among others
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Data Points Covered in the Report
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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.
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Segment Analysis:
The Europe yogurt market is segmented on the basis of yogurt type, product type, fat content, flavor, source type, formulation, brand, inclusion category, fortification, claim, organic category, brand, packaging, packaging size and distribution channel.
- On the basis of yogurt type, the Europe yogurt market is segmented into regular yogurt, skyr/ Icelandic-style yogurt, concentrated yogurt, probiotic yogurt, set yogurt, bio live yogurt, stirred yogurt, and others
- On the basis of product type, the Europe yogurt market is segmented into drinkable yogurt, spoon able yogurt, frozen yogurt, and others
- On the basis of fat content, the Europe yogurt market is segmented into full-fat, low-fat and fat-free
- On the basis of flavor, the Europe yogurt market is segmented into plain and flavored
- On the basis of source, the Europe yogurt market is segmented into animal-based and plant-based
- On the basis of formulation, the Europe yogurt market is segmented into sweetened and unsweetened
- On the basis of brand, the Europe yogurt market is segmented into yoplait, chobani, stonyfield Greek, corner, activia, yeo, oikos, arla skyr, Icelandic provisions skyr, isey skyr and others
- On the basis of inclusion category, the Europe yogurt market is segmented into plain and with inclusions and toppings
- On the basis of fortification, the Europe yogurt market is segmented into regular and fortified
- On the basis of the claim, the Europe yogurt market is segmented into regular, gluten-free, lactose-free, artificial preservatives free, dairy-free, soy-free, non-gmo, sugar-free, calorie-free, with all of the above claims, regular with no claims and others
- On the basis of the organic category, the Europe yogurt market is segmented into conventional and organic
- On the basis of brand, the Europe yogurt market is segmented into branded and private labels.
- On the basis of packaging, the Europe yogurt market is segmented into bag-in-box, pouches, jars, cups, bottles, tetra packs, and others
- On the basis of packaging size, the Europe yogurt market is segmented into less than 100 grams, 100-200 grams, 201-300 grams, and more than 300 grams
- On the basis of distribution channel, the Europe yogurt market is segmented into store-based retailing and non-store retailing
Major Players
Data Bridge Market Research recognizes the following companies as the major Europe yogurt market players in Europe yogurt market are arla Foods amba (Denmark and Sweden), DANONE (France), ICELANDIC PROVISIONS (Iceland) ÍSEY SKYR (Iceland), Yoplait USA, Inc. (U.S.), Chobani, LLC. (U.S.), MENCHIE’S GLOBAL HEADQUARTER (U.S.), COYO Pty Ltd. (Australia)
Market Developments
- In November 2021, Arla Foods amba announced its new five-year strategy to create sustainable dairy production and to grow its business responsibly. It aims to increase its investments by more than 40% to 4+ billion EUR focused on sustainability, digitalization, new production technologies, and product development while also increasing its dividend to 1+ billion EUR to support its farmer owners on their sustainability journey. This will help the company to enhance its business and capabilities
- In August 2021, "Silk," a brand under Danone, introduced a plant-based Greek yogurt variety. Crafted from coconut milk and pea protein, the Silk Greek Style Coconutmilk Yogurt collection offers four flavors: vanilla, strawberry, lemon, and blueberry. Each serving is certified as vegan-friendly, packs 10 grams of protein, and features live active cultures to promote digestive health.
- In August 2021, Lactalis India, a subsidiary of the Lactalis Group from France, has marked its entry into the Indian yogurt market by introducing Lactel Turbo Yoghurt Drink. This on-the-go beverage is available in mango and strawberry flavors and is distinctively thicker than lassi due to the incorporation of protein and fruits. Packaged in open pouches, the yogurt drink is priced at INR 15, offering consumers a convenient and flavorful option.
- In March 2021, Chobani, a prominent player in the U.S. Greek yogurt market, joined forces with PepsiCo to enhance its distribution network. Under this collaboration, PepsiCo will facilitate the distribution of Chobani's complete yogurt drinks and other offerings to convenience stores, colleges, and universities across the northeastern region of the United States.
Regional Analysis
Geographically, the countries covered in the Europe yogurt market report are Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland and Rest of Europe
As per Data Bridge Market Research analysis:
France is the dominant region in the Europe yogurt market during the forecast period 2022-2029
France dominates the European yogurt market, poised for significant growth. The surge is fueled by shifting lifestyles, with consumers increasingly choosing healthier options. The inherent health benefits of yogurt further propel this trend. As France takes the lead, the market anticipates a surge in demand, reflecting a broader societal trend towards health-conscious choices. This dominance is a testament to France's influence and indicative of a growing preference for nutritious dairy products across the European landscape.
For more detailed information about the Europe yogurt market report, click here – https://www.databridgemarketresearch.com/reports/europe-yogurt-market
