Report Ocean introduces a fresh report examining the Global Low Fat Yogurt Market, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Obtain a comprehensive report on the Global Low Fat Yogurt Market, which includes a full table of contents, over 200 tables and figures, and charts. The report provides precise information on the market before and after the COVID-19 outbreak, segmented by region.
Global Low Fat Yogurt Market is valued at approximately USD 17.81 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10.70% over the forecast period 2022-2029.
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Low Fat Yogurt is made with skimmed milk which contains low-fat content. Low-fat yogurt is considered a rich source of protein and its consumption promotes weight loss. Moreover, low-fat yogurt provides amino acids which are essential to build and maintain muscle tissue. A container of low-fat yogurt contains only 3.5 grams of fat and just 14 milligrams of cholesterol. The increasing number of overweight people and growing demand for low-fat dairy products as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The rapid growth in the number of obese individuals owing to sedentary lifestyles and increasing consumption of junk food is contributing to the growth of the Global Low Fat Yogurt Market. For instance, according to the World Obesity Organization estimates – as of 2019, globally more than 2 billion adults were estimated as overweight, and out of those 650 million were affected by obesity, which represents 39% of adults aged 18 or over. Furthermore, as per projections, more than 2.7 billion adults would be overweight, and over 1 billion would be affected by obesity by 2025. Also, the increasing demand for packaged food products and rising number of health-conscious individuals would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Low-Fat Yogurt and increasing incidences of lactose intolerance stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Low Fat Yogurt Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the growing consumption of low-fat dairy products as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising number of obese individuals, growing consumption of packaged food items, coupled with increasing number of health-conscious individuals in the region.
Major market players included in this report are:
- General Mills Inc.
- Danone, Inc.
- Nestle S.A.
- Rainy Lanes Dairy Foods Ltd.
- Springfield Creamery (Nancy’s)
- Jalna Dairy Foods
- Gopala
- Wallaby Yogurt Company
- Byrne Dairy
- Tillamook Dairy Co-Op.
Recent Developments in the Market:
In January 2019, Danone North America launched its new yogurt line in the USA. The first, product named Two Good Greek Lowfat Yogurt, is a dairy products line that combines low calories and reduced sugar content. Moreover, the second is Good Plants, a dairy-free, probiotic yogurt alternative, made with almond milk.
In August 2020, Oregon, USA based Tillamook launched a new range of low-fat yogurt named Tillamook creamery collection. This new range would be available in six flavor combinations and would be free from artificial sweeteners, flavors, and preservatives. The different flavor combinations would be Oregon Strawberry paired with Plain; Northwest Raspberry paired with Blackberry; Oregon Blueberry paired with Vanilla; California Peach paired with Plain; Dark Cherry paired with Plain; and Vanilla Bean paired with Plain.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Origin
Non-Organic
Organic
By Type
Flavored
Fruit
Plain
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Reasons to Consider Purchasing the Low Fat Yogurt Market Report:
Comprehensive Market Insights: Delve into the depths of the Low Fat Yogurt Market Report to gain an all-encompassing and meticulous analysis of the market landscape. Uncover details such as market size, share, trends, and growth catalysts, which provide invaluable perspectives on both the present market scenario and its promising future prospects.
Reliable Projections: Rely on the report’s dependable forecasts and projections, which are underpinned by rigorous research methodologies, insights into industry expenditures, and assessments of market expansion rates. These foresights empower businesses to make well-informed decisions and chart out effective strategies for the times ahead.
In-depth Competition Analysis: Equip yourself with an extensive evaluation of key market players, their array of products, and the strategies they employ. This comprehensive understanding arms businesses with the knowledge needed to not only comprehend their rivals but also to craft strategies that position them ahead in the dynamic market arena.
Clear Market Scope and Segmentation: Gain clarity on the broad expanse of the market through the report’s clear delineation of market scope. With detailed insights into diverse market segments and their growth potential, businesses can discern and capitalize on opportunities that align with their objectives.
Insightful Regional Examination: Assess the market’s performance across different regions, enabling enterprises to pinpoint lucrative markets and tailor their approaches accordingly. With region-specific insights, businesses can adapt strategies that resonate with the unique dynamics of each area.
Evaluation of Industry Technology: Grasp the pulse of technological progress within the Low Fat Yogurt market. The report dissects cutting-edge advancements and trends, providing businesses with a window into emerging technologies that have the potential to reshape the industry.
Dynamics of Supply and Demand: Acquire a profound comprehension of supply-demand dynamics. This understanding empowers businesses to optimize production, distribution, and inventory management processes, resulting in enhanced operational efficiency.
Informed Investment Decision Making: Leverage the report’s critical information and data-driven insights to facilitate informed investment choices within the Low Fat Yogurt market. Equipped with this knowledge, businesses can confidently allocate resources to avenues with the greatest potential for returns.
Unveiling Long-Term Growth Avenues: Through the scrutiny of trends and growth stimulants, the report illuminates the enduring opportunities the Low Fat Yogurt market holds. By identifying these sustainable growth prospects, businesses are poised to set a course for lasting success.
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