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Report
Low-Fat Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-07-05 I 144 Pages I IMARC Group
Market Overview:
The global low-fat yogurt market size reached US$ 20.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.28% during 2023-2028.
Low-fat yogurt is prepared by fermenting low-fat or skim milk. It is low in calories and rich in calcium, potassium, and probiotics, which aids in maintaining bone and tooth health and the proper functioning of muscles and nerves. It also helps regulate the balance of electrolytes in the body, improve digestion and respiratory function, and offer resistance to diseases. At present, there is a rise in the popularity of low-calorie food products, which is catalyzing the demand for low-fat yogurt across the globe.
Low-Fat Yogurt Market Trends:
There is presently a considerable increase in the consumption of functional fermented dairy food products with improved nutritional qualities worldwide. This, coupled with the rising health consciousness among individuals, represents one of the key factors propelling the growth of the market. Moreover, excessive intake of dietary fat can cause disorders, such as obesity and cardiovascular diseases (CVDs). In line with this, low-fat yogurts are considered ideal dietary products for lactose intolerant people, particularly young children and the elderly population. Besides this, different methods are being used to improve the characteristics of low-fat yogurt, such as the inclusion of whey protein, utilization of suitable starter strains, enhanced total solids content, and thickeners. In addition, current dietary guidelines in numerous countries recommend low fat and sugar dairy products on account of obesity-related concerns. Key market players are financing research and development (R&D) activities to introduce unique flavors. They are also investing in promotional campaigns to generate brand awareness and increase their yearly revenue. Apart from this, low-fat yogurt can be used as a substitute for mayonnaise, cream, and sour cream in desserts and other dishes. This, in confluence with the burgeoning food and beverage (F&B) industry, is strengthening the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global low-fat yogurt market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, nature and distribution channel.
Breakup by Type:
Flavored
Cherry
Strawberry
Mango
Others
Unflavored
Breakup by Nature:
Organic
Conventional
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Chobani LLC, CP-Meiji Company Ltd., Danone S.A., Fage International S.A., General Mills Inc., Juhayna Food Industries, Lausanne Dairies, Muller UK & Ireland Group, Nestle S.A., Parmalat S.p.A. (Lactalis American Group Inc) and Tillamook.
Key Questions Answered in This Report
1. What was the size of the global low-fat yogurt market in 2022?
2. What is the expected growth rate of the global low-fat yogurt market during 2023-2028?
3. What are the key factors driving the global low-fat yogurt market?
4. What has been the impact of COVID-19 on the global low-fat yogurt market?
5. What is the breakup of the global low-fat yogurt market based on the type?
6. What is the breakup of the global low-fat yogurt market based on the distribution channel?
7. What are the key regions in the global low-fat yogurt market?
8. Who are the key players/companies in the global low-fat yogurt market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Low-Fat Yogurt Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Flavored
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Cherry
6.1.2.2 Strawberry
6.1.2.3 Mango
6.1.2.4 Others
6.1.3 Market Forecast
6.2 Unflavored
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Nature
7.1 Organic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Conventional
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Specialty Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Chobani LLC
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 CP-Meiji Company Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Danone S.A.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Fage International S.A.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 General Mills Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Juhayna Food Industries
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Lausanne Dairies
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Muller UK & Ireland Group
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Nestle S.A.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Parmalat S.p.A. (Lactalis American Group Inc)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Tillamook
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
Figure 1: Global: Low-Fat Yogurt Market: Major Drivers and Challenges
Figure 2: Global: Low-Fat Yogurt Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Low-Fat Yogurt Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Low-Fat Yogurt Market: Breakup by Type (in %), 2022
Figure 5: Global: Low-Fat Yogurt Market: Breakup by Nature (in %), 2022
Figure 6: Global: Low-Fat Yogurt Market: Breakup by Distribution Channel (in %), 2022
Figure 7: Global: Low-Fat Yogurt Market: Breakup by Region (in %), 2022
Figure 8: Global: Low-Fat Yogurt (Flavored) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Low-Fat Yogurt (Flavored) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Low-Fat Yogurt (Unflavored) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Low-Fat Yogurt (Unflavored) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Low-Fat Yogurt (Organic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Low-Fat Yogurt (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Low-Fat Yogurt (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Low-Fat Yogurt (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Low-Fat Yogurt (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Low-Fat Yogurt (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Low-Fat Yogurt (Convenience Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Low-Fat Yogurt (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Low-Fat Yogurt (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Low-Fat Yogurt (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Low-Fat Yogurt (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Low-Fat Yogurt (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Low-Fat Yogurt (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Low-Fat Yogurt (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: North America: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: North America: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: United States: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: United States: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Canada: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Canada: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Asia-Pacific: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Asia-Pacific: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: China: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: China: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Japan: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Japan: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: India: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: India: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: South Korea: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: South Korea: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Australia: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Australia: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Indonesia: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Indonesia: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Others: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Others: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Europe: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Europe: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Germany: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Germany: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: France: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: France: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: United Kingdom: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: United Kingdom: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Italy: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Italy: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Spain: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Spain: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Russia: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Russia: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Others: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Others: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Latin America: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Latin America: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Brazil: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Brazil: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Mexico: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Mexico: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Middle East and Africa: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Middle East and Africa: Low-Fat Yogurt Market: Breakup by Country (in %), 2022
Figure 74: Middle East and Africa: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Global: Low-Fat Yogurt Industry: SWOT Analysis
Figure 76: Global: Low-Fat Yogurt Industry: Value Chain Analysis
Figure 77: Global: Low-Fat Yogurt Industry: Porter's Five Forces Analysis
Table 1: Global: Low-Fat Yogurt Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Low-Fat Yogurt Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Low-Fat Yogurt Market Forecast: Breakup by Nature (in Million US$), 2023-2028
Table 4: Global: Low-Fat Yogurt Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 5: Global: Low-Fat Yogurt Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Low-Fat Yogurt Market: Competitive Structure
Table 7: Global: Low-Fat Yogurt Market: Key Players
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