Europe Yogurt Market Size, Growth, Industry, Revenue | 2031
Europe Yogurt Market Size, Growth, Industry, Revenue | 2031
Segments - Europe Yogurt Market by Categories (Dairy-based and Non Dairy-based), Types (Plain Yogurt and Flavored Yogurt), Distribution Channels (Hypermarkets/Supermarkets, Convenience Stores, Online Retail and Other Distribution Channels), By Europe (The UK, Germany, Italy, France, the Netherlands, and Rest of Europe) - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031
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| Report ID :FB-2618
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| 211 Pages
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Report Description
Europe Yogurt Market Outlook 2031:
The Europe yogurt market size was valued at USD 33.16 Billion in 2022 and is projected to reach USD 53.83 Billion by 2031, expanding at a CAGR of 5.53% during the forecast period 2023 - 2031. The growth of the market is attributed to increasing number of companies attempting to experiment with various flavor combinations in order to meet the growing demand for innovation in yogurt products.
Yogurt is frequently sweetened or flavored and is made by hybridizing and fermenting sterile milk. It can be found in beverages, snacks, convenience foods, desserts, high-protein diet drinks, and a variety of other products. The variety, awareness, and affordability of new and creative yoghurt flavors in the market are the result of the ever-increasing product demand in the market.
The availability of varied tastes is boosting demand for yoghurt products. Traditional yoghurt manufacturers use artificial sweeteners such as aspartame, which has been linked to brain tumors and neurological disorders. The low price and extensive availability has increased the demand for regular yoghurt. They are widely accessible on shop shelves in various distribution channels.
Yogurt Market Trends, Drivers, Restraints and Opportunities
- The presence of variety of flavors in yogurt products is estimated to influence the market growth.
- Increasing public awareness of the health benefits is positively influencing the growth of the market.
- Yogurt additives and artificial ingredients, as well as the use of harmful hormones in dairy cows can restrain the growth of the yoghurt market.
- Growing demand for yoghurt in developing countries, driven by increasing disposable income and health awareness, is expected to provide numerous opportunities for the development of the Europe yoghurt market.
Scope of the Yogurt Market Report
The report on the Europe yogurt market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Europe Yogurt Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Categories (Dairy-based and Non Dairy-based), Types (Plain Yogurt and Flavored Yogurt), Distribution Channels (Hypermarkets/Supermarkets, Convenience Stores, Online Retail and Other Distribution Channels) |
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Geographical Scope |
The UK, Germany, Italy, France, the Netherlands, and Rest of Europe |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
General Mills Inc.; Danone SA; Chobani LLC; Nestlé S.A.; and Yakult |
Europe Yogurt Market Segment Insights
Non dairy-based segment is projected to expand at a considerable CAGR
On the basis of categories, the market is segregated into dairy-based, and non-dairy-based yogurt. the non-dairy-based segment is projected to expand at a considerable CAGR during the forecast period. High demand for lactose-free yoghurt among lactose-intolerant consumers is driving the market segment growth.
Flavored yogurt segment predicted to account for a significant market share
Based on types, the Europe yogurt market is divided into plain yogurt and flavored yogurt. The flavored yogurt segment is estimated to account for a significant market share during the forecast period. Increasing availability of flavored yoghurt, particularly in emerging markets, is projected to play a significant role in supporting the development of the frozen dessert industry.
Online retail segment is expected to exhibit a high CAGR
In terms of distribution channels, the Europe yogurt market is divided into hypermarkets/supermarkets, convenience stores, online retail, and others. The online retail segment is expected to grow at a rapid pace during the forecast period. Rapid growth of the e-commerce industry and presence of well-managed inventory systems are driving the growth of the market segment.
Germany is anticipated to constitute a key market share
Based on regions, the market is categorized as the UK, Germany, Italy, France, the Netherlands, and Rest of Europe. Germany is expected to constitute a key share of the market during the projected period. Emerging sectors, such as plant-based yoghurt and yoghurt drinks, are expanding in the country's market.
Segments
The Europe yogurt market has been segmented on the basis of
Categories
- Dairy-based
- Non-Dairy-based
Types
- Plain Yogurt
- Flavored Yogurt
Distribution Channels
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Retail
- Others
Geography
- The UK
- Germany
- Italy
- France
- Netherlands
- Rest of Europe
Key players
- General Mills Inc.
- Danone SA
- Chobani LLC
- Nestlé S.A.
- Yakult
Competitive Landscape
Key players competing in the Europe yogurt market are General Mills Inc.; Danone SA; Chobani LLC; Nestlé S.A.; and Yakult.
The market is very competitive in nature owing to the presence of major players. Companies are engaging in launching new product line and increasing their production capacity to expand their market share.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. Yogurt Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Yogurt Market - Supply Chain
4.5. Global Yogurt Market Forecast
4.5.1. Yogurt Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Yogurt Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Yogurt Market Absolute $ Opportunity
5. Global 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. 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 Yogurt Demand Share Forecast, 2019-2026
6. North America 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 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 Yogurt Demand Share Forecast, 2019-2026
7. Latin America 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 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 Yogurt Demand Share Forecast, 2019-2026
8. Europe 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 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 Yogurt Demand Share Forecast, 2019-2026
9. Asia Pacific 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 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 Yogurt Demand Share Forecast, 2019-2026
10. Middle East & Africa 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 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 Yogurt Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Yogurt Market: Market Share Analysis
11.2. Yogurt Distributors and Customers
11.3. Yogurt Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
Methodology
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