Global Frozen Yogurt Market, By Category (Conventional, Lactose Free), Flavour (Mango, Chocolate, Strawberry, Banana, Others), Product Type (Full-Fat, Fat-Free, Low-Fat), Distribution Channel (Store-Based, Non-Store Based), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029
Market Analysis and Insights Global Frozen Yogurt Market
Data Bridge Market Research analyses that the global frozen yogurt market to be growing at a CAGR of 5.30% in the forecast period of 2022-2029 and is estimated to reach the USD 10.20 billion by 2028. The rising demand for low-fat and fat-free yogurt will drive the growth rate of frozen yogurt market.
Frozen yoghurt is a dairy product made from milk that has been fermented with bacteria like lactobacillus bulgaricus and streptococcus thermophilus. These yoghurts also contain non-dairy ingredients such as almond milk and soymilk. Frozen yoghurt is a popular frozen delicacy that is high in calcium, potassium, and protein.
The increasing for deserts that are low in fat and has less amount of sugar will drive the frozen yogurt market. Furthermore, rising demand for refreshing ice-cream alternative by kids and surging health awareness among consumers are some macroeconomic factors that are positively impacting the worldwide frozen yogurt market. Another significant factor is rising need for alternative to healthy desserts as frozen yogurts fulfil both requirements of consumers will accelerate the growth rate of frozen yogurt market. The rise in disposable income and increasing urbanization will flourish the growth rate of frozen yogurt market. Increasing sales of frozen yogurt mainly through online platform as online retailers provide wide variety of frozen yogurt will further propel the growth rate of frozen yogurt market.
Moreover, the rise in consumption of almond milk and soymilk and launch of an increasing variety of frozen yogurt will boost the beneficial opportunities for the growth of frozen yogurt market. Additionally, the continuously changing lifestyle and increasing number of population across the globe will act as major drivers that will further create new opportunities for market’s growth in the above mentioned forecast period.
However, increasing concern about high sugar and fat content in product will hamper the market growth rate. Additionally, negative impact of COVID-19 on the production and supply chain will obstruct the frozen yogurt market's overall growth. Also availability of substitutes and entry of new companies will further challenge the frozen yogurt market throughout the forecast period.
This frozen yogurt market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on frozen yogurt market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Frozen Yogurt Market Scope and Market Size
The frozen yogurt market is segmented on the basis of category, flavour, product type and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of category, the frozen yogurt market is segmented into conventional and lactose free.
- On the basis of flavour, the frozen yogurt market is segmented into mango, chocolate, strawberry, banana, and others.
- On the basis of product type, the frozen yogurt market is segmented into full-fat, fat-free and low-fat.
- On the basis of distribution channel, the frozen yogurt market is segmented into store-based and non-store based. Store based is further segmented into supermarkets and hypermarkets, convenience stores and others.
Frozen Yogurt Market Country Level Analysis
The frozen yogurt market is analyses and market size, volume information is provided by country, category, flavour, product type and distribution channel as referenced above.
The countries covered in the frozen yogurt market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the frozen yogurt market and will continue to flourish its trend of dominance during the forecast period due to the consumer preferences from dairy based frozen yogurt to non-dairy based frozen yogurt products in this region. Additionally, product development, high level of disposable income and presence of various flavors of frozen yogurt will further propel the market’s growth rate in this region. Asia-Pacific is estimated to grow at a significant rate during the forecast period of 2022-2029 due to rising demand for frozen dessert among consumers and growing incidences of digestive disorders such as lactose intolerance in this region.
The country section of the frozen yogurt market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global 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.
Some of the major players operating in the frozen yogurt market are Nestlé S.A., Red Mango FC, LLC, TCBY, MENCHIE'S GLOBAL HEADQUARTERS, Kahala Franchising, L.L.C., General Mills Inc., Yogurtland Franchising, Inc., 16 HANDLES, Danone, Unilever, Frosty Boy, 16 HANDLES, Danone, Unilever, Frosty Boy, Wells Enterprises, Twisted Healthy Treats, Chobani, LLC, Honey Hill Farms, Scott Brothers Dairy Inc., Yasso Greek Yogurt, and Kemps, among others.
Customization Available : Global Frozen Yogurt Market
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