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Yogurt Drink Market

Yogurt Drink Market Size, Share and Segmentation by Type (Regular, low fat, fat- free), by Distribution Channel (Super Markets and Hyper Markets, Specialty Stores, Convenience Stores and Others), by Packing (Plastic Bottles, Pouches, Tetra Packs and Others), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/F&B/1687 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Yogurt Drink Market Size was valued at USD 38.7 billion in 2021 and is expected to reach USD 62.9 billion by 2028, and grow at a CAGR of 7.2% over the forecast period 2022-2028.

Yogurt is a dairy item got from the maturation of the milk. Yogurt is fundamentally consumed as a sweet and in different recipes. Expanding mindfulness and seeing the advantages of yogurt as a solid option in the eating regimen is supposed to drive the yogurt drink market over the figure.

Yogurt Drink Market Revenue Graph

The worldwide yogurt drink market is significantly determined by developing mindfulness with respect to the medical advantages because of the utilization of yogurt and expanding mindfulness among individuals about getting thinner. The development of retail market in different nations is assessed to be one of the driving variables to the yogurt drink market. The ascent in extra cash combined with changing the way of life of individuals is supposed to fuel the interest for yogurt drink market over the gauge.

The ascent in utilization of non-dairy refreshments is supposed to retrain the worldwide yogurt drink market. Expansion sought after for without lactose items is supposed to hamper the development of yogurt drink market throughout the long term.

Developing mindfulness in regards to detriments of high sugar consumption, which prompts heftiness and heart illnesses is probably going to support interest for sans fat drinks market. Potential chance to make new items that have low sugar content and sans fat items attributable to ascend in diabetic populace which is probably going to emphatically affect the yogurt drink market.

Market Dynamics:

Driving Factors:

  • The rising interest in probiotic food sources and better nibbling food items among wellbeing cognizant buyers.
  • Dispatches of planned practical items with new flavors.

Restraining Factors:

  • The ascent in utilization of non-dairy refreshments.

Opportunities:

  • New drinkable yogurt flavor, like the appetizing kind of vegetables.

Challenges:

  • The guidelines are guaranteed by the administrative bodies.

Impact of Covid-19:

The COVID-19 pandemic brought about sure as well as adverse consequences on the industry. The beginning of the pandemic brought about staple storing, most eminently in classifications, for example, dairy items and tidbits, which at first caused deficiencies in market supply. Moreover, remaining at-home requests commanded by the pandemic have sped up yogurt's re-visitation of importance, as customers incline toward natural, reasonable, solid items.

Market Estimations:

Product type:

The customary items fragment drove the market in 2021 and represented the biggest portion of the worldwide income. The portion is supposed to keep up with its predominance in the conjecture period. The rising instances of weight are expected to be among the significant development driving elements for the portion. Ordinary beverages have been portrayed as calcium-and phosphorus-enhanced items that assist in working on bone wellbeing. Then again, the veggie lover portion is projected to enlist the quickest CAGR during the gauge time frame. The conceivable capacity of vegetarian items to lessen cholesterol levels, which decreases the possibilities of processing related issues, is projected to fuel the development of this fragment during the figure time frame.

Distribution Channel:

The hypermarkets and stores section represented the biggest portion of the worldwide income. A rising number of these stores across different districts is the significant development driving variable for the section. Also, the extension of the current corporate store in Asia Pacific nations, like Thailand, Malaysia, Philippines, and Indonesia, will uphold the fragment development throughout the next few years. The internet-based appropriation channel fragment is expected to enlist the quickest CAGR during the conjecture years. The section is ready to arise as a consistent wellspring of income over the figure period. Promising development shown by web-based business stages in arising nations, including India and China, is convincing producers to reorient their retail procedures in these nations.

Packaging:

On the bundling types, the market has been bifurcated into tetra packs and jugs. The tetra packs bundling section held the biggest portion of the worldwide income and is supposed to keep up with its predominance in the conjecture period. With huge changes in purchaser ways of life, a larger part of shoppers across the globe are picking in a hurry item, which deals with simplicity of utilization as well as garbage removal. Likewise, tetra packs are viewed as more eco-accommodating when contrasted with plastic containers, which will increment item perceivability among shoppers. With an adjustment of way of life, countless individuals across the globe are deciding on in a hurried item, which, thus, is projected to fuel the fragment development over the gauge period.

Key Market Segmentation:

By Product type:

  • Vegan

    • Conventional

BY Packaging type:

  • Bottles

  • Tetra Packs

By Distribution Channel:

  • Hypermarkets & Supermarkets

  • Convenience Stores

  • Online

  • Others

Yogurt Drink Market Segment Chart

Regional Analysis:

  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

The exceptional development of the drinkable yogurt market in created nations of North America has demonstrated the main income producing resource in the field of food and refreshment ventures. Developing medical care mindfulness and diet cognizance program by the neighborhood government body in creating district like Asia-Pacific and African locale enormously affects solid lives. Thus, it will bring the chance for a drinkable yogurt market for a huge scope in such locales. Taking into account the Asian Pacific as a thickly populated district and responsive public interest will likewise be one reason for the rising creation as well as the utilization of drinkable yogurt market. The healthful eating regimen awareness expects the development of the drinkable yogurt market in the Asian-pacific area.

Key Players:

Danone, Nestlé, Yakult Honsha Co., Ltd., General Mills Inc., Meiji Holdings Co., Ltd., Chobani, LLC, Fonterra Co-operative Group Ltd., Arla Foods Amba, Lactalis Group, Benecol Ltd.

Yogurt Drink Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 38.7 Billion
Market Size by 2028 US$ 62.9 Billion
CAGR CAGR 7.2% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Regular, low fat, fat- free)
• by Distribution Channel (Super Markets and Hyper Markets, Specialty Stores, Convenience Stores and Others)
• by Packing (Plastic Bottles, Pouches, Tetra Packs and Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Danone, Nestlé, Yakult Honsha Co., Ltd., General Mills Inc., Meiji Holdings Co., Ltd., Chobani, LLC, Fonterra Co-operative Group Ltd., Arla Foods Amba, Lactalis Group, Benecol Ltd.
Key Drivers •The rising interest in probiotic food sources and better nibbling food items among wellbeing cognizant buyers.
•Dispatches of planned practical items with new flavors.
Market Opportunities •New drinkable yogurt flavor, like the appetizing kind of vegetables.


Frequently Asked Questions (FAQ) :


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 Covid 19 Impact Analysis

4.2 Impact of the Ukraine and Russia war

 

5. Value chain analysis

 

6. Porter’s 5 forces model

 

7.  PEST analysis

 

8. Global Yogurt Drink market segmentation, by Product:

8.1 Vegan

8.2 Conventional

 

9. Global Yogurt Drink market segmentation, by Packaging type:

9.1 Bottles

9.2 Tetra Packs

 

10. Global Yogurt Drink market segmentation, by Distribution Channel:

10.1 Hypermarkets & Supermarkets

10.2 Convenience Stores

10.3 Online

10.4 Others

 

11. Global Yogurt Drink market, by region/ country

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company profiles

12.1 Danone

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 Swot Analysis

12.1.4 The SNS View

12.2 Nestlé

12.3 Yakult Honsha Co., Ltd.

12.4 General Mills Inc.

12.5 Meiji Holdings Co., Ltd.

12.6 Chobani, LLC

12.7 Fonterra Co-operative Group Ltd.

12.8 Arla Foods Amba

12.9 Lactalis Group

12.10 Benecol Ltd.

 

13. Competitive Landscape

13.1 Competitive Bench Marking

13.2 Market Share Analysis

13.3 Recent Developments

 

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

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