Market Overview

The Global Yogurt Market was valued at USD 108,900.3 million in 2023 and is expected to reach USD 163,363.5 million by 2031 while growing at a CAGR of 5.2% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global yogurt market growth. Yogurt is made by fermenting milk with bacteria like Lactobacillus bulgaricus and Streptococcus thermophilus. This process transforms the milk, thickening it and imparting a tangy flavor, as the bacteria convert lactose into lactic acid, defining yogurt's texture and taste.

increasing health and wellness awareness, coupled with a rising demand for functional foods, drives the growth of the yogurt market. However, obstacles like lactose intolerance and dairy allergies, along with concerns about packaging waste and the environment, may impede market expansion.

Furthermore, the global yogurt industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Yogurt Market is segmented among Flavored Yogurt, and Unflavored Yogurt, based on Product Type. In 2023, Unflavored Yogurt accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Yogurt Market is segmented among Off-Trade and On-Trade, based on Distribution Channel. In 2023, Off-Trade accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Yogurt Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are China Mengniu Dairy Company Ltd, Danone SA, Fonterra Co-operative Group Limited, Groupe Lactalis, Gujarat Cooperative Milk Marketing Federation Ltd, Inner Mongolia Yili Industrial Group Co. Ltd, Nestlé SA, Saputo Inc., The Hain Celestial Group Inc., and Yakult Honsha Co. Ltd.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Yogurt Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Yogurt Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Yogurt Market Segmentation, By Product Type  

• Global Yogurt Market Share Analysis, By Product Type  

• Global Yogurt Market Growth Analysis, By Product Type  

• Global Yogurt Market Trends, By Product Type  

o Flavored Yogurt

o Unflavored Yogurt

6. Global Yogurt Market Segmentation, By Distribution Channel

• Global Yogurt Market Share Analysis, By Distribution Channel

• Global Yogurt Market Growth Analysis, By Distribution Channel

• Global Yogurt Market Trends, By Distribution Channel

o Off-Trade

Ø Convenience Stores

Ø Online Retail

Ø Specialist Retailers

Ø Supermarkets and Hypermarkets

Ø Others (Warehouse clubs, gas stations, etc)

o On-Trade

7. Global Yogurt Market Segmentation, By Region

• Global Yogurt Market Share Analysis, By Region

• Global Yogurt Market Growth Analysis, By Region

• Global Yogurt Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• China Mengniu Dairy Company Ltd.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Danone SA

• Fonterra Co-operative Group Limited

• Groupe Lactalis

• Gujarat Cooperative Milk Marketing Federation Ltd

• Inner Mongolia Yili Industrial Group Co. Ltd

• Nestlé SA

• Saputo Inc.

• The Hain Celestial Group Inc.

• Yakult Honsha Co. Ltd  

 *Similar analysis will be provided for each company listed above.