This Greek yogurt market report offers a detailed competitive outlook of the market, including market share analysis and company profiles of key participants. The report incorporates various market analyses such as SWOT analysis, Porter’s Five Forces, and industry value chain analysis. Additionally, the report discusses research and development activities, along with the growing demand for new products and applications.
Comprehensive profiles of major industry players are provided, offering insights into global and regional markets and examining variations in industry growth across different regions. This Greek yogurt market report highlights the potential impact on the industry and profiles leading market suppliers. These key players compete on factors such as pricing, quality, technology, and reputation.
The market is forecasted to demonstrate impressive growth, likely surpassing previous records in terms of value with a remarkable CAGR during the estimated period. This report also includes extensive primary research and detailed qualitative and quantitative analysis by industry experts and key opinion leaders to provide deeper insights into the market.
Data Bridge Market Research analyzes that the greek yogurt market was valued at USD 9.22 billion in 2023 and is expected to reach the value of USD 19.86 billion by 2031, at a CAGR of 11.05% during the forecast period of 2024-2031.
Definition
Greek yoghurt, also known as yoghurt cheese or sack yoghurt, is made by straining curd and separating it from the liquid whey. Compared to regular curd, the straining process makes the yoghurt thicker and creamier. Greek yoghurt has a high protein, calcium, and vitamin-B content, probiotic properties and a low carbohydrate content.
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Key Growth Drivers:
Rising popularity of low-fat and weight management products
One of the key factors driving the market is a shift in consumer health consciousness and dietary preferences toward healthy and nutrient-rich food products. Greek yoghurt has grown in popularity among consumers as the consumption of fat-free and weight-management products has increased. Greek yoghurt is widely used in the meal preparation and as a sweet snack mixed with fruits in countries such as the United States, Mexico, and Canada.
The report emphasizes the participation of key entities, notably:
- Hansen Holding A/S (Denmark)
- Yakult Honsha Co., Ltd (Japan)
- Nestlé (Switzerland)
- DuPont (U.S.)
- MORINAGA & CO., L.T.D. (Japan)
- BioGaia AB (Sweden)
- Protexin (U.K.)
- Daflorn Probiotics U.K. (U.K.)
- DANONE (France)
- Yakult U.S.A. Inc. (US)
- Deerland Enzymes, Inc. (U.S.)
- UAS Laboratories (U.S.)
- Goerlich Pharma GmbH (Germany)
- SANZYME BIOLOGICS PVT. LTD. (India)
- DSM (Netherlands)
- NutraScience Labs (U.S.)
- Kerry Group plc (Ireland)
- Lallemand Inc. (Canada)
- Lonza (Switzerland)
- Winclove Probiotics (Netherlands)
- Probi (Sweden)
Key Market Perspectives:
- Thorough examination of prevailing market tendencies
- Updates on the latest product advancements and innovations
- Greek yogurt marketCompound Annual Growth Rate (CAGR) for both historic and forecasted years
- Strategies and activities of prominent players and brands in the field
- Insights into the industry landscape for emerging participants
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Key Market Segmentation
Product (Full-Fat Greek Yogurt, De-Fat Greek Yogurt, Fat-Free Greek Yogurt), Flavor (Unflavored, Vanilla, Strawberry, Blueberry, Raspberry, Blends, Others), Category (Organic, Conventional), Application (Children, Adults)
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