The latest research study “Low-Fat Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global low-fat yogurt market reached a value of US$ 17.81 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 33.56 Billion by 2027, exhibiting a CAGR of 10.70% during 2022-2027.
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Low-fat yogurt is prepared from partially skim milk or low-fat milk. It is one of the most ancient fermented foods. It is a rich source of nutrients, such as calcium, zinc, potassium, and vitamins B, D and B12. As a result, it assists in the proper functioning of muscles and nerves, and maintaining tooth and bone health. It also aids in balancing electrolytes in the body, improving respiratory functions and digestion.
COVID-19Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Low-Fat Yogurt Market Trends and Drivers:
One of the primary factors driving the market is the increasing health consciousness among the masses and the rising consumption of functional fermented dairy products. Additionally, low-fat yogurt is used as an alternative for cream, mayonnaise and sour cream in desserts, which is propelling the market.
Besides this, side effects of dietary fat, such as cardiovascular diseases (CVDs) and obesity, have encouraged the intake of low-fat yogurt among individuals. Furthermore, low-fat yogurt is ideal for individuals with lactose intolerance, especially young children and the elderly. Moreover, various procedures are utilized to enhance the product quality, such as the inclusion of whey protein, improved total solids content, usage of suitable starter strains and thickness.
In line with this, various nations have several dietary guidelines which recommend low sugar and fat dairy products due to the growing obesity-related concerns. Other growth-inducing factors include extensive investment in research and development activities, expanding food and beverage sector, and rising promotional campaigns to spread brand awareness.
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|Low-Fat Yogurt Market Report Scope|
|Market size value in 2021||US$ 17.81 Billion|
|Market forecast in 2027||US$ 33.56 Billion|
|Growth Rate||CAGR of 10.70% from 2022 to 2027|
|Base year for estimation||2021|
Global Low-Fat Yogurt Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Binderholz GmbH, Dongwha Enterprise, EGGER Group, Evergreen Fibreboard Berhad, Georgia-Pacific LLC (Koch Industries Inc.), Green River Holding Co. Ltd., Kastamonu Entegre, Louisiana-Pacific Corporation, Sonae Arauco, Starbank Panel Products Ltd., West Fraser Timber Co. Ltd. and Weyerhaeuser Company.
The report has segmented the market on the basis of region, type, nature and distribution channel.
Breakup by Type:
Breakup by Nature:
Market Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
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
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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