J Sainsbury plc, Arla Foods amba, and DANONE Dominated the Europe Yogurt Market in 2021

Europe Yogurt Market is expected to grow with a CAGR of 4.6% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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Europe yogurt market is a highly consolidated market, which includes a specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favorable market scenarios.

The major players dealing in the Europe yogurt market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

  • In September 2018, Arla Foods amba created a new innovation in fruit yogurts in the German market. The Arla Bio yogurt is the first product of its kind for the company anywhere in the world and consists of only organic yogurt (75 percent) and organic fruit (25 percent). The helped the company to increase its product portfolio.

J Sainsbury plc is the dominating company in the Europe yogurt market. The other companies are Arla Foods amba, Fen Farm Dairy, ÍSEY SKYR, Chobani, LLC., COYO Pty Ltd., Flor de Burgos, Dorfchäsi Noflen, Yogurt Barn, Ariete Fattoria Latte Sano SpA, Latte Maremma, CERRI Srl, Newlat Food S.p.A, Schreiber Foods, Cremo SA, DANONE, among others.

J Sainsbury plc

J Sainsbury plc is headquartered in the U.K. and was founded in 1869. The company focuses on offering delicious, great quality food at competitive prices. The company has business segments which are retail and financial services, out of which retail is the market-focused business segment. The company has product categories which are groceries, food to order, bank, Tu, Argos, habitat, and energy, out of which groceries is the market-focused category. The company has a wide presence in Europe and also has subsidiaries which are Argos (U.K), Habitat (U.K), Sainsbury's Bank (U.K), Home Retail Group (U.K), Alba (brand) (U.K), among others.

Arla Foods amba

Arla Foods amba is headquartered in East Jutland, Denmark, and was founded in 1880. The company is producing natural, healthy, and high-quality dairy products. The company has business segments such as Arla, Lurpak, Puck, Castello, milk-based beverage brands, and other supported brands, where Arla is the market-focused business segment. The company has product categories such as Apetina, Lurpak, Arla &MORE, Castello, Arla Kærgården, Arla Cream Cheese, Arla Buko, Arla Cheasy, Arla Organic, Arla skyr, Arla Cheese, Arla Lactofree, Arla Dano, Arla Ko, Arla Köket, Arla Natura, Arla Protein, Arla Yoggi, Anchor, Bregott, Cocio, Karolines Køkken, Kelda, Keso, Lätt och Lagom, Matilde, Milex, Puck, Trestelle, and Babt&Me Organic. Arla &MORE, Arla skyr is the market-focused category. The company has a wide wide presence across the Europe and U.S. The company has subsidiaries which are Arla Oy (Finland), Arla Foods UK (U.K), MUH Arla (Germany), Cocio ChokolademÆLk A/S (Denmark), Hansa-Milch AG (Germany), among others.

For instance,

  • In November 2021, Arla Foods amba announced its new five-year strategy to create sustainable dairy production and to grow its business responsibly. They aim to increase their 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 their farmer-owners on their sustainability journey. This will help the company to enhance its business and capabilities.

DANONE

DANONE is headquartered in Paris, France and it was founded in 1919. The company is engaged in the manufacturing of food and beverage products. The company has business segments which are EDP, specialized nutrition, and waters under which EDP is the market-focused business segment category. The company offers a wide range of product categories such as essential dairy and plant-based products, specialized nutrition, and waters, where essential dairy and plant-based products are the market-focused categories. The company has a presence in North America, South America, Asia-Pacific, Europe, the Middle East and Africa. The company subsidiaries are Alpro (Belgium), WhiteWave Foods (U.S.), Blédina (France), Danon Rossiya, AO (Russia), La Serenísima (Argentina) among others.

For instance,

  • In January 2022, DANONE completed its leadership team with three appointments at the Executive Committee level - a Chief Operations Officer, a Chief Research, Innovation, Quality, and Food Safety Officer, and a Chief Sustainability and Strategic Business Development Officer. This activity was made to strengthen its innovation strategy and increase its revenue in the long run.