Frozen Yogurt Market

Frozen Yogurt Market by Types (Dairy-based and Non-dairy-based), Flavors (Pineapple, Peach, Strawberry, Mango, Lemonade, Chocolate, Banana, and Others), Fat Contents (Fat-free, Low Fat, and Full Fat), Distribution Channels (Specialty Stores, Grocery Stores, Supermarkets/Hypermarkets, Online Retailers, Convenience Stores, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

  • Report ID: FB-4636
  • Author: Growth Market Reports
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The global frozen yogurt market size was valued at around USD 1.69 billion in 2021 and is projected to reach USD 2.15 billion by 2030, expanding at a Compound Annual Growth Rate (CAGR) of around 3.5% during the forecast period, 2022 to 2030. The growth of the market is attributed to the rising awareness regarding healthy food and diet among consumers across the globe.

Frozen yogurt, also known as Froyo, is a frozen dessert made with a mixture of yogurt and other dairy or non-dairy products. Frozen yogurt is a popular choice of dessert, apart from ice cream, to consume in hot weather, especially in the summertime. There are a few differences between these two frozen treats. Ice cream is a mix of milk or cream, sweeteners, and other natural or synthetic flavors. All these ingredients are churned together as they freeze to make ice cream. Although frozen yogurt is made from milk or cream, sweeteners, and flavors, it contains live bacterial culture as well. Yogurt is made from cultured milk, which means it tends to have a sour flavor, compared with milk. Depending upon the amount of yogurt, sweeteners, and other flavors in the dessert, frozen yogurt can have a sweet or sour taste. The flavors used in frozen yogurt include fruits, vanilla, fruit extracts, cocoa, spices, sugars, and others.

Frozen yogurt is made with pasteurized milk, in which live bacteria culture is added. The milk is blended to ensure that the mixture retains a smooth consistency. The mixture is heated up to a certain amount and then, cooled down. Then milk or cream, sweeteners, stabilizers, colors, and flavors are added to the mixture. Air is injected into the mixture to give it a light and creamy texture. The mixture is cooled down further before serving the frozen yogurt. Frozen yogurt is usually served with a variety of toppings such as fresh fruits, chocolate chips, sprinkles, and others.

In comparison with ice cream, frozen yogurt is claimed to be a healthier option. Low-fat frozen yogurt has become a popular choice among consumers in recent years. Although both contain dairy and sugar, frozen yogurt contains live culture bacteria, which help in improving the immune system, managing blood pressure, and boosting the digestive system. Frozen yogurt is lower in calories and fat than ice cream, which makes it a healthy dessert.

With the increasing popularity of frozen yogurt among consumers, several major competitors in the frozen yogurt market launch various offers to attract customers and expand their business. For example, on July 23, 2022, Menchie’s Frozen Yogurt, a US-based frozen yogurt chain company, offered Buy One and Get One (BOGO) deal on frozen yogurt at participating locations. The offer was to commemorate the 15th birthday of Menchie's Frozen Yogurt. In May 2022, Orange Leaf Frozen Yogurt introduced a refreshing watermelon flavor for the summer months to attract customers.

COVID-19 Impact

The COVID-19 pandemic situation affected the frozen yogurt market negatively. The lockdown, social distancing, and other restrictions affected the manufacturing and sales of the market negatively. Conversely, the pandemic shifted consumer preferences toward immunity-boosting and healthy food products such as frozen yogurt. Key companies in the frozen yogurt industry improved their products by incorporating organic ingredients, launching vegan frozen yogurt, and making the products cholesterol-free. This facilitated the expansion of the frozen yogurt market in recent years.

Scope of the Report

The report on the global frozen yogurt market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Frozen Yogurt Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

Types (Dairy-based and Non-dairy-based), Flavors (Pineapple, Peach, Strawberry, Mango, Lemonade, Chocolate, Banana, and Others), Fat Contents (Fat-free, Low Fat, and Full Fat), and Distribution Channels (Specialty Stores, Grocery Stores, Supermarkets/Hypermarkets, Online Retailers, Convenience Stores, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

The Dannon Company Inc.; Kemps LLC; Ben & Jerry's Homemade, Inc.; General Mills; Yasso Greek Yogurt; Yogurtland Franchising, Inc.; Hormel Foods Corporation; Sugar Creek Foods International, Inc. (Honey Hill Farms); Red Mango FC, LLC; Nestlé S.A.; Kahala Franchising, L.L.C.; Gujarat Cooperative Milk Marketing Federation Ltd. (Amul); Scott Brothers Dairy Inc.; MENCHIE'S GLOBAL HEADQUARTERS; TCBY.com; 16 Handles; Frosty Boy; Twisted Healthy Treats; Chobani, LLC; and Others

 

Market Dynamics

The report presents a complete overview of market dynamics by focusing on the current market trends, existing drivers, growth opportunities, and emerging challenges that can shape the outcome or overall performance of the market during the forecast period, 2022 to 2030.

Major Trends: Increasing demand for tart flavored frozen yogurt is a major factor for market growth

Consumer preferences have shifted from sweet flavored frozen yogurt to tart flavored frozen yogurt in recent years. Consumers report tart varieties of frozen yogurt are more refreshing than the sweet flavors that are traditional and in the market for a long time. Tart flavors are rising in popularity among consumers due to their tangy sour taste. Red Mango, a US-based frozen yogurt and smoothie manufacturer, offers various frozen yogurt flavors such as Blueberry Lemonade, Pomegranate Lemonade, and others. The increasing demand for tart-flavored frozen yogurt among consumers across the globe is expected to fuel the frozen yogurt market growth during the forecast period.

Key Drivers:

The benefits of frozen yogurt are driving market growth

Frozen yogurt contains vitamins such as B1, B2, B12, A, and others. Frozen yogurt is low in calories and contains probiotics, which help in improving the immune system, lower blood pressure, and boost the digestive system. Some varieties of frozen yogurt contain calcium, which helps with bone-building. Such health benefits of frozen yogurt boost the demand for it, as an increasing number of the young population prefer a healthy lifestyle and healthy food. Growing demand for frozen yogurt is estimated to facilitate frozen yogurt market growth during the forecast period.

The rising shift from ice cream to frozen yogurt is a key factor for market growth

Health-conscious consumers across the globe are knowingly choosing the option of frozen yogurt over ice cream, due to its several health benefits. Frozen yogurt does not contain saturated fats or heavy cream as in ice cream. Frozen yogurt contains probiotics and vitamins, without any other artificial ingredients, preservatives, or added sugar. These benefits of frozen yogurt increase the demand for it and boost the growth of the market.

Existing Challenges: The increasing number of market players and competitors challenges market growth

The rising popularity of frozen yogurt across the globe has opened up the market to new frozen yogurt manufacturers and companies. The frozen yogurt industry is booming as new market players launch new products and use other business strategies to attract a large customer base and expand their business. The competitive landscape of frozen yogurt includes many companies competing for a dominating position in the market. The competitors provide several alternatives and competitions for frozen yogurt, which are anticipated to restrain the market growth during the forecast period.

Emerging Opportunities: Introduction of the self-serve model offer growth opportunities

The increasing demand for frozen yogurt specialty stores following the self-serve model offers growth opportunities to key players in the frozen yogurt market. The self-serve stores offer consumers complete autonomy to choose frozen yogurt flavors, quantity, and toppings. Consumers can choose which types of frozen yogurt to eat on the basis of their dietary needs and taste preferences. Consumers are charged by the weight of their selection, which is the key factor in the rising popularity of the self-serve model. Several frozen yogurt manufacturers are opening their self-serve specialty stores to increase their customer base.

Market Segment Insights

Non-dairy-based segment expands rapidly

Based on types, the frozen yogurt market is bifurcated into dairy-based and non-dairy-based. The non-dairy-based segment is estimated to boost the frozen yogurt market during the forecast period, due to the rising adoption of non-dairy products such as almond milk and soymilk across the globe. A growing number of consumers prefer non-dairy-based frozen yogurt over dairy-based frozen yogurt, due to the rising number of consumers suffering from lactose intolerance.


Frozen Yogurt Market by types

Chocolate flavor segment holds a key frozen yogurt market share

In terms of flavors, the frozen yogurt market is divided into pineapple, peach, strawberry, mango, lemonade, chocolate, banana, and others. The chocolate flavor segment is expected to hold around 50% of the frozen yogurt market share during the forecast period, as the chocolate flavor is the most commonly used in the majority of sweet food products. Although there are several unique or unusual flavors introduced in the frozen yogurt market, the chocolate segment witnesses steady growth. This flavor is popular among children and adults, which is expected to facilitate segment growth in the coming years.

The strawberry segment is anticipated to expand during the forecast period, as this is the preferred flavor among consumers across the globe in its season. Strawberry is a seasonal fruit, which enhances the taste of frozen yogurt when used fresh. This is a key factor boosting the market growth.


Frozen Yogurt Market by flavours

Fat-free segment expands at a significant rate

On the basis of fat contents, the frozen yogurt market is segregated into fat-free, low fat, and full fat. The fat-free segment is expected to drive the frozen yogurt market during the forecast period, owing to increasing awareness of healthy food options, and rising demand for fat-free frozen yogurt by health-conscious consumers across the globe. Consumers focus on consuming minimum fat content food, which boosts the fat-free segment growth.

Specialty stores segment holds a major frozen yogurt market share

Based on distribution channels, the frozen yogurt market is divided into specialty stores, grocery stores, supermarkets/hypermarkets, online retailers, convenience stores, and others. The specialty stores segment is projected to witness significant growth during the forecast period, as several frozen yogurt market players are opening their specialty stores that offer several innovative and lucrative offers to their consumers. Offers such as discounts, self-serve, and others aid this distribution channel attract customers. This is a key factor fueling the segment growth.

North America to dominate the market

In terms of regions, the frozen yogurt market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The frozen yogurt market in North America is expected to register a high CAGR during the forecast period, due to the increasing number of key players and frozen yogurt manufacturers in the region. Rising demand for healthy food such as frozen yogurt by health-conscious consumers in North America is the key factor for market growth. New trends such as soft-serve frozen yogurt specialty stores are growing in popularity in developed countries such as the United States and Canada, which aid in segment growth.

The frozen yogurt market in Asia Pacific is anticipated to expand rapidly during the forecast period, owing to changing lifestyles, increasing disposable incomes, the growing presence of key companies, and rising demand for healthy food options in the region.


Frozen Yogurt Market by regions

Segments

The global frozen yogurt market has been segmented on the basis of

Types
  • Dairy-based
  • Non-dairy-based
Flavors
  • Pineapple
  • Peach
  • Strawberry
  • Mango
  • Lemonade
  • Chocolate
  • Banana
  • Others
Fat Contents
  • Fat-free
  • Low Fat
  • Full Fat
Distribution Channels
  • Specialty Stores
  • Grocery Stores
  • Supermarkets/Hypermarkets
  • Online Retailers
  • Convenience Stores
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • The Dannon Company Inc.
  • Kemps LLC
  • Ben & Jerry's Homemade, Inc.
  • General Mills
  • Yasso Greek Yogurt
  • Yogurtland Franchising, Inc.
  • Hormel Foods Corporation
  • Sugar Creek Foods International, Inc. (Honey Hill Farms)
  • Red Mango FC, LLC
  • Nestlé S.A.
  • Kahala Franchising, L.L.C.
  • Gujarat Cooperative Milk Marketing Federation Ltd. (Amul)
  • Scott Brothers Dairy Inc.
  • MENCHIE'S GLOBAL HEADQUARTERS
  • TCBY.com
  • 16 Handles
  • Frosty Boy
  • Twisted Healthy Treats
  • Chobani, LLC
  • Others

Competitive Landscape

Key companies competing in the global frozen yogurt market include The Dannon Company Inc.; Kemps LLC; Ben & Jerry’s Homemade, Inc.; General Mills; Yasso Greek Yogurt; Yogurtland Franchising, Inc.; Hormel Foods Corporation; Sugar Creek Foods International, Inc. (Honey Hill Farms); Red Mango FC, LLC; Nestlé S.A.; Kahala Franchising, L.L.C.; Gujarat Cooperative Milk Marketing Federation Ltd. (Amul); Scott Brothers Dairy Inc.; MENCHIE’S GLOBAL HEADQUARTERS; TCBY.com; 16 Handles; Frosty Boy; Twisted Healthy Treats; Chobani, LLC; and others.

The major players such as The Dannon Company Inc.; Kemps LLC; Ben & Jerry’s Homemade, Inc.; General Mills; Nestlé S.A.; Red Mango FC, LLC; and Scott Brothers Dairy Inc. hold a major share in the competitive landscape of the global frozen yogurt market. These key players in the frozen yogurt market adopt various business strategies such as mergers, acquisitions, collaborations, and partnerships. One of the emerging trends of these key companies is to introduce innovative flavors, which aids them in holding on to their position in the global frozen yogurt market.

  • In June 2022, Yogurtland Franchising, Inc., the US-based international frozen yogurt franchise, launched two flavors for a limited time. These flavors are Strawberry Mango Sorbet and Passion Fruit Mango Tart. Yogurtland offers these flavors as an online platform exclusive.
  • In April 2021, Yasso Greek Yogurt, a frozen yogurt manufacturer, launched a line of frozen Greek yogurt bites, Yasso Poppables, which is the first snackable that the company offers. These Poppables come in various flavors such as vanilla bean, coffee, mint, and sea salt caramel, which are coated in chocolate and quinoa crunch.
  • In March 2021, Pinkberry by Kahala Franchising, L.L.C., which is an Arizona-based frozen yogurt and frozen dessert franchise, launched a new and refreshing flavor, Strawberry Lemonade, to commemorate the spring season for the year 2021. Pinkberry offers an option of various toppings such as fresh strawberries and pineapple.
  • In August 2020, Menchie’s Frozen Yogurt by MENCHIE’S GLOBAL HEADQUARTERS launched new flavors in their frozen yogurt range, HI-CHEW Mango and HI-CHEW Passion Fruit. These two flavors are eaten separately or together in a HI-CHEW Tropical Smoothie.
Frozen Yogurt Market key players
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Frozen Yogurt Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Frozen Yogurt Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Frozen Yogurt Market - Supply Chain
  4.5. Global Frozen Yogurt Market Forecast
     4.5.1. Frozen Yogurt Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Frozen Yogurt Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Frozen Yogurt Market Absolute $ Opportunity
5. Global Frozen Yogurt Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Frozen Yogurt Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Frozen Yogurt Demand Share Forecast, 2019-2026
6. North America Frozen Yogurt Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Frozen Yogurt Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Frozen Yogurt Demand Share Forecast, 2019-2026
7. Latin America Frozen Yogurt Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Frozen Yogurt Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Frozen Yogurt Demand Share Forecast, 2019-2026
8. Europe Frozen Yogurt Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Frozen Yogurt Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Frozen Yogurt Demand Share Forecast, 2019-2026
9. Asia Pacific Frozen Yogurt Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Frozen Yogurt Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Frozen Yogurt Demand Share Forecast, 2019-2026
10. Middle East & Africa Frozen Yogurt Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Frozen Yogurt Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Frozen Yogurt Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Frozen Yogurt Market: Market Share Analysis
  11.2. Frozen Yogurt Distributors and Customers
  11.3. Frozen Yogurt Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. The Dannon Company Inc.
     11.4.2. Kemps LLC
     11.4.3. Ben & Jerry's Homemade, Inc.
     11.4.4. General Mills
     11.4.5. Yasso Greek Yogurt
     11.4.6. Yogurtland Franchising, Inc.
     11.4.7. Hormel Foods Corporation
The global frozen yogurt market has been segmented on the basis of

Types
  • Dairy-based
  • Non-dairy-based
Flavors
  • Pineapple
  • Peach
  • Strawberry
  • Mango
  • Lemonade
  • Chocolate
  • Banana
  • Others
Fat Contents
  • Fat-free
  • Low Fat
  • Full Fat
Distribution Channels
  • Specialty Stores
  • Grocery Stores
  • Supermarkets/Hypermarkets
  • Online Retailers
  • Convenience Stores
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • The Dannon Company Inc.
  • Kemps LLC
  • Ben & Jerry's Homemade, Inc.
  • General Mills
  • Yasso Greek Yogurt
  • Yogurtland Franchising, Inc.
  • Hormel Foods Corporation
  • Sugar Creek Foods International, Inc. (Honey Hill Farms)
  • Red Mango FC, LLC
  • Nestlé S.A.
  • Kahala Franchising, L.L.C.
  • Gujarat Cooperative Milk Marketing Federation Ltd. (Amul)
  • Scott Brothers Dairy Inc.
  • MENCHIE'S GLOBAL HEADQUARTERS
  • TCBY.com
  • 16 Handles
  • Frosty Boy
  • Twisted Healthy Treats
  • Chobani, LLC
  • Others

Key companies competing in the global frozen yogurt market include The Dannon Company Inc.; Kemps LLC; Ben & Jerry’s Homemade, Inc.; General Mills; Yasso Greek Yogurt; Yogurtland Franchising, Inc.; Hormel Foods Corporation; Sugar Creek Foods International, Inc. (Honey Hill Farms); Red Mango FC, LLC; Nestlé S.A.; Kahala Franchising, L.L.C.; Gujarat Cooperative Milk Marketing Federation Ltd. (Amul); Scott Brothers Dairy Inc.; MENCHIE’S GLOBAL HEADQUARTERS; TCBY.com; 16 Handles; Frosty Boy; Twisted Healthy Treats; Chobani, LLC; and others.

The major players such as The Dannon Company Inc.; Kemps LLC; Ben & Jerry’s Homemade, Inc.; General Mills; Nestlé S.A.; Red Mango FC, LLC; and Scott Brothers Dairy Inc. hold a major share in the competitive landscape of the global frozen yogurt market. These key players in the frozen yogurt market adopt various business strategies such as mergers, acquisitions, collaborations, and partnerships. One of the emerging trends of these key companies is to introduce innovative flavors, which aids them in holding on to their position in the global frozen yogurt market.

  • In June 2022, Yogurtland Franchising, Inc., the US-based international frozen yogurt franchise, launched two flavors for a limited time. These flavors are Strawberry Mango Sorbet and Passion Fruit Mango Tart. Yogurtland offers these flavors as an online platform exclusive.
  • In April 2021, Yasso Greek Yogurt, a frozen yogurt manufacturer, launched a line of frozen Greek yogurt bites, Yasso Poppables, which is the first snackable that the company offers. These Poppables come in various flavors such as vanilla bean, coffee, mint, and sea salt caramel, which are coated in chocolate and quinoa crunch.
  • In March 2021, Pinkberry by Kahala Franchising, L.L.C., which is an Arizona-based frozen yogurt and frozen dessert franchise, launched a new and refreshing flavor, Strawberry Lemonade, to commemorate the spring season for the year 2021. Pinkberry offers an option of various toppings such as fresh strawberries and pineapple.
  • In August 2020, Menchie’s Frozen Yogurt by MENCHIE’S GLOBAL HEADQUARTERS launched new flavors in their frozen yogurt range, HI-CHEW Mango and HI-CHEW Passion Fruit. These two flavors are eaten separately or together in a HI-CHEW Tropical Smoothie.
Frozen Yogurt Market key players

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FAQ Section

Some frequently asked quetions about this report!

The global frozen yogurt market is estimated to register a CAGR of around 3.5% during the forecast period.

Yes. Frozen yogurt is considered a popular and healthy alternative to ice cream.

The global frozen yogurt market size was valued at around USD 1.69 billion in 2021 and is anticipated to reach around USD 2.15 billion by 2030.

In comparison with ice cream, frozen yogurt is claimed to be a healthier option. Although both contain dairy and sugar, frozen yogurt contains live culture bacteria, which help in improving the immune system, managing blood pressure, and boosting the digestive system.

The increasing number of competitors in the market offering alternatives to frozen yogurt restrains the frozen yogurt market.

Types, flavors, fat contents, and distribution channels are the segments provided in the frozen yogurt market report.

Increasing demand for tart-flavored frozen yogurt, rising awareness regarding its health benefits, and a growing number of consumers choosing frozen yogurt over ice cream are the key factors driving the frozen yogurt market.

Frozen yogurt, also known as Froyo, is a frozen dessert made with a mixture of yogurt and other dairy or non-dairy products.

North America dominates the global frozen yogurt market.

The Dannon Company Inc.; Kemps LLC; Ben & Jerry’s Homemade, Inc.; General Mills; Yasso Greek Yogurt; Yogurtland Franchising, Inc.; Hormel Foods Corporation; Sugar Creek Foods International, Inc. (Honey Hill Farms); Red Mango FC, LLC; and others are some of the key players in the global frozen yogurt market.