Low Fat Yogurt Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Low Fat Yogurt Market 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.
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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.
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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
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our Low Fat Yogurt Market Report is divided into several chapters to provide readers with a comprehensive understanding of the market.
Chapter 1 includes the scope of the report, research methodology, and other relevant information regarding the report’s contents.
Chapter 2 provides an executive summary, including the global Low Fat Yogurt market size, sales and revenue, and compound annual growth rate (CAGR). It also includes the Low Fat Yogurt market size by region, type, and application, historical data from 2018 to 2023, and a forecast until 2030.
Chapter 3 focuses on Low Fat Yogurt market sales, revenue, average price, global market share, and industry ranking by company from 2018 to 2023.
Chapter 4 presents global Low Fat Yogurt Market sales and revenue by region and country. It provides country-specific data and market value analysis for regions including the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America, and the Middle East and Africa.
Chapters 5 through 8 delve deeper into the market, focusing on sales segments by country and type for each region including the Americas, APAC, Europe, and the Middle East and Africa.
Chapter 9 analyzes current market trends, market forecasts, opportunities, and economic trends that may affect the future of the marketplace.
Chapter 10 examines the manufacturing cost structure analysis of the market.
Chapter 11 explores sales channels, distributors, and customers.
Chapter 12 presents a world forecast review for geographic regions.
Chapter 13 analyzes key players in the market.
Chapter 14 provides research findings and a conclusion.
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