The Global Greek Yoghurt Market size is expected to grow from $2.6 billion in 2020 to $3.8 billion by 2028, at a CAGR of 7% during the forecast period. The growth of this market can be attributed to factors such as rising health consciousness among consumers and increased intake of probiotics for better gut health. In addition, the introduction of new flavors like blueberry and raspberry has also contributed towards overall growth in demand for yoghurt globally.
Greek Yoghurt is a thick and creamy dairy product made from milk. It contains more protein than regular yogurt does because of the butterfat content in it. The process to create Greek Yoghurt starts with straining all of the liquid out of regular yogurt that has been boiled or cultured with bacteria cultures which increases its acidity level.
On the basis of Types, the market is segmented into Plain, Strawberry, Blueberry, Raspberry, Peach, Cherry, Pineapple, Mango, Others.
Plain Greek Yoghurt is a type of yoghurt that has been strained to remove the whey from milk, giving it a thicker consistency. Plain yoghurts are not sweetened in any way and have no artificial flavorings or preservatives added to them. They're often consumed as part of a vegan diet for their nutritional value, which makes them popular among people who follow this lifestyle.
Strawberry Greek Yoghurt is a type of yoghurt that has strawberry puree as its main flavor. Strawberry Greek Yoghurt has become more widely popular among people because they can enjoy both yogurt and strawberries at once. In recent years there are plenty of variations to choose from including chocolate-covered ones with sprinkles, vanilla too.
Blueberry Greek Yoghurt is a type of yogurt that contains blueberries as an ingredient. Blueberries are a fruit with dark purple skin and light-colored flesh, which makes them aesthetically pleasing in yoghurts. They have many health benefits including high levels of antioxidants, vitamin C, and fiber.
The flavor varies depending on the amount of sugar added to it during production; usually, more than one teaspoon per cup or quart (30 ml) will make for a sweeter taste while less will result in a tart flavor profile. However, these can be customized by adding other ingredients such as honey or maple syrup to bring out its natural sweetness without resorting to refined sugars.
Raspberry Greek Yoghurt is a yoghurt that has been made with the addition of raspberry puree, which gives it an intense natural red color and sweet flavor. It can be sold either as plain yoghurt or in combination with other flavors (such as strawberry). There are many brands available on the market for this type of product, including Fage and Dannon Light & Fit.
Peach Greek Yoghurt is yoghurt that includes peach pulp, sugar, and water. The product can be made from natural or reconstituted peaches - the latter is used for more consistent consistency of flavor and texture. Peach Greek Yoghurt is generally around the same thickness as traditional dairy yogurt but often has chunks of solids in it, with an almost pudding-like mouthfeel on occasion.
Cherry Greek Yoghurt is a type of yoghurt that has been strained until the liquidy whey, which contains water and milk sugars, is removed. It's thickened with dried fruit or other ingredients such as honey to produce a rich flavor. The processing steps used in making cherry yogurt are similar to those for regular yogurts - milk is boiled and then cooled before being mixed with bacteria cultures (also called "live active cultures") like Lactobacillus bulgaricus--which give it its tart taste.
Pineapple Greek Yoghurt is a type of yoghurt that has been flavored with pineapple. It can be either plain or mixed fruity flavors, and sometimes contain chunks of the fruit itself. Pineapple Greek Yogurts are more on the sweeter side due to their flavor being derived from sugar cane rather than natural sugars found in fruits such as bananas.
Mango Greek Yoghurt is a popular flavor of yoghurt in the U.S., Canada, and South America. Mango flavors are typically made with real mangoes or other natural fruit purée concentrates containing delicious ripe mangos that have been sweetened, preserved, and flavored to make them taste just like fresh mangos.
On the basis of Application, the market is segmented into hypermarkets and supermarkets, convenience stores, retailers, e-commerce, and others.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to grow at the highest CAGR during the forecast period. This region has been witnessing a significant demand for healthier and nutritious food that also offers a quality taste.
The Asia Pacific market is anticipated to rise significantly by 2028 owing to the increasing number of health-conscious consumers, growing focus on a healthy lifestyle among people across all age groups, technological innovations in the dairy industry such as the production of low fat or non-fat yogurt with good flavor and texture, etc., which will make it possible to enjoy foods made from various types of milk (whole milk, skimmed milk) without compromising their nutritional content.
The most prominent factors that are fuelling the growth of this market include rising health and fitness consciousness among consumers, which has boosted demand for dairy products. The Greek yoghurt also has a low-fat content when compared to other types of yogurt.
Moreover, it is rich in protein and provides probiotics like lactobacillus acidophilus (Lacto), Bifidus infants, or (Bifido) bulgaricus thermophilous (Bulga). Consumers prefer the fresh taste of Greek Yoghurt as opposed to processed flavors offered by various brands. These factors have led to an increase in consumption rates across various age groups.
Up Market Research published a new report titled “Greek Yoghurt Market research report which is segmented by Types (Plain, Strawberry, Blueberry, Raspberry, Peach, Cherry, Pineapple, Mango, Others), By Applications (Hypermarket and Supermarkets, Convenience Stores, Retailers, E-Commerce, Others), By Players/Companies Nestle (Switzerland), Danone (France), Chobani (U.S.), Jalna Dairy Foods Pty Ltd. (Australia), General Mills, Inc. (U.S.), Stonyfield Farm, Inc. (U.S.), FAGE International S.A. (Loxembourg), Erhmann AG (Germany)”.
Report Attributes | Report Details |
Report Title | Greek Yoghurt Market Research Report |
By Type | Plain, Strawberry, Blueberry, Raspberry, Peach, Cherry, Pineapple, Mango, Others |
By Application | Hypermarket and Supermarkets, Convenience Stores, Retailers, E-Commerce, Others |
By Companies | Nestle (Switzerland), Danone (France), Chobani (U.S.), Jalna Dairy Foods Pty Ltd. (Australia), General Mills, Inc. (U.S.), Stonyfield Farm, Inc. (U.S.), FAGE International S.A. (Loxembourg), Erhmann AG (Germany) |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 242 |
Number of Tables & Figures | 170 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Plain, Strawberry, Blueberry, Raspberry, Peach, Cherry, Pineapple, Mango, Others and By Application Hypermarket and Supermarkets, Convenience Stores, Retailers, E-Commerce, Others.
Some of the companies that are profiled in this report are:
Greek Yoghurt Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Greek Yoghurt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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