Report ID: SQMIG30I2288
Report ID:
SQMIG30I2288 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|
Tables:
92 |
Figures:
76
Global Flavored Yogurt Market size was valued at USD 50.15 billion in 2022 and is poised to grow from USD 54.01 billion in 2023 to USD 97.77 billion by 2031, growing at a CAGR of 7.7% during the forecast period (2024-2031).
Changing dietary habits, increased health awareness among consumers, rising consumer disposable income, and growing popularity of ready-to-eat foods globally are some of the major factors driving flavored yogurt market growth. The shift in consumer dietary habits toward the consumption of flavored yogurt as a dessert and an important component of the diet has impacted the growth of the yogurt and made it a popular food item in recent years. The growing consumer awareness of lifestyle-related health concerns and the benefits of yogurt due to its composition of essential fortified vitamins, creamy, pulp-laced, and sugar-free content has a positive impact on the digestive mechanism.
The food industry has grown over the years due to the addition of innovation and continuous product development. Attributed to the presence of healthy ingredients such as proteins and sugar-free content, as well as the availability of these products in convenience stores, the market is expected to grow, encouraging international players to expand their consumer base. The demand for naturally enriched fresh fruit-flavored yogurt is extremely high, particularly for berry flavors like strawberry, blueberry, and raspberry. Aside from these flavors, mango, chocolate, and coffee are gaining popularity among consumers. Greece yogurt is in high demand in Western European countries such as France, Germany, and the United Kingdom. The product is a good source of protein and calcium, and it is now available in a variety of flavors. Vanilla is a well-known flavor that is expected to grow in popularity.
US Flavored Yogurt Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30I2288