Global Savory Yogurt Foods Market - Growth, Trends and Forecasts (2017 - 2022)

Published - Jan 2017 | Category - Food & Beverages | No. of Pages - 178 | Published By - Mordor Intelligence

Report Highlights

Savory yogurt is used in various drinks and desserts. The drinkable yogurt market was valued at USD 27.2 billion in 2015 and is expected to grow rapidly during the forecast period of 2016-2021. The global savory yogurt market is expected to grow at a CAGR of 3.4% to reach USD 9.1 billion by 2021.

Global Savory Yogurt Foods Market Dynamics

The rise in disposable income, a shift in the eating habits of consumers, increasing awareness of the health benefits of savory yogurt and the growing availability of flavored yogurt are expected to drive this market. Yogurt is rich in calcium and proteins and its health benefits include boosting the immune system, combating diarrhea and constipation etc. Health concerns due to the fat content in the yogurt and lactose intolerance may restrain this market. The introduction of low-fat yogurt and innovations shall help in the development of this market.  

Global Savory Yogurt Foods Market Segmentation

The global savory yogurt foods market is segmented on the basis of product type, into drinks, desserts, and others. On the basis of content, the market is segmented into strained, unstrained, flavored, low fat and full fat. The flavored segment is further divided into vegetable and fruit-flavored.

On the basis of the distribution channel, the supermarkets/hypermarkets dominate the global scenario.

North America is the major contributor to the market, in terms of revenue, followed by Europe. The U.S is the major market in North America with a market value of USD XX million. In the Asia-Pacific region, China and India are the major markets. The rise in demand for flavored yogurt in countries like China and Japan are substantial.    

Key Players in the Global Savory Yogurt Foods Market

The market for savory yogurt foods is highly fragmented with a large number of regional and international vendors. Chobani LLC  is one of the key vendors of savory yogurt and had a total sale of USD 1 billion in 2015. The vendors compete for innovation, which plays a key role in this market; pricing and distribution. Some of the other major players in the market include:

Blue Hill Inc.

Noosa

Wallaby Yogurt Company

Nestle

General Mills

Key Deliverables in the Study

Market analysis for the global savory yogurt foods market, with region specific assessments and competition analysis on a global and regional scale.

Market definition along with the identification of key drivers and restraints.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their market share.

Identification and analysis of the macro and micro factors that affect the market on both global and regional scales.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

A wide-ranging knowledge and insights into the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Insights into the major countries/regions where this industry is growing and identifying the regions which are still untapped

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