Drinkable Yogurt Market Size and Share

Drinkable Yogurt Market (2026 - 2031)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Drinkable Yogurt Market Analysis by Mordor Intelligence

The drinkable yogurt market size reached USD 51.26 billion in 2026 and is projected to hit USD 71.28 billion by 2031, advancing at a 6.28% CAGR. This growth rests on rising health awareness, accelerating channel diversification, and steady product innovation. Premium, low-sugar formulations that comply with front-of-package rules are securing shelf visibility, while precision-fermented plant alternatives are redefining competitive boundaries. Large dairy conglomerates still dominate, yet regional specialists and start-ups are winning share by pairing strain-specific probiotics with sustainable packaging. Regulatory tightening in the United States, Canada, and the United Kingdom is forcing reformulation, but it is also reinforcing consumer trust, which lifts category velocity. Volatile raw-milk prices and tightening retailer margins have widened the gap between cost-efficient manufacturers and lagging incumbents, spurring plant-based entrants to leverage lower commodity exposure.

Key Report Takeaways

  • By product type, Dairy-Based captured 81.25% of drinkable yogurt market share in 2025, while Plant-Based is forecast to expand at a 7.89% CAGR through 2031.
  • By packaging type, PET Bottles led with 44.58% revenue share in 2025; Pouches & Sachets are projected to grow at an 8.28% CAGR to 2031.
  • By distribution channel, Off-Trade accounted for 38.27% of the drinkable yogurt market size in 2025 and On-Trade is advancing at a 9.68% CAGR through 2031.
  • By geography, Europe held 35.68% share of the drinkable yogurt market in 2025, whereas Asia-Pacific is rising at a 9.28% CAGR to 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Product Type: Plant Alternatives Accelerate Against Dairy incumbents

Dairy-Based lines captured 81.25% of the drinkable yogurt market share in 2025, reflecting entrenched consumer trust and optimized supply chains. Plant-Based offerings, however, are forecast to post a 7.89% CAGR as lactose intolerance, vegan lifestyles, and lower environmental footprints draw incremental shoppers. The drinkable yogurt market size for plant variants is set to widen sharply as precision-fermented fats replicate dairy mouthfeel, letting oat formulations bridge taste gaps. R&D alliances, such as Fonterra with Nourish Ingredients, lower the cost of replicating creamy texture, which supports margin parity with dairy. Plant SKUs now fortify with calcium and vitamin D to secure “healthy” claim compliance, improving shelf parity and clinical credibility.

Traditional dairy manufacturers counter by expanding Greek-style, high-protein drinkables that deliver 15–20 grams of protein per serving, appealing to sports-nutrition users. Repositioned full-fat lines satisfy keto followers, while low-fat options retain mainstream volume. Hybrid recipes blending milk with plant bases shorten ingredient lists and manage cost volatility. The drinkable yogurt industry thus sees a race between dairy incumbents leveraging culture expertise and plant innovators banking on sustainability narratives.

Drinkable Yogurt Market: Market Share by Product Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Packaging Type: Pouches Gain Momentum as Sustainability Message Resonates

PET Bottles maintained 44.58% share in 2025, prized for resealability and clear walls that showcase texture. Yet Pouches & Sachets are growing at an 8.28% CAGR because they reduce plastic tonnage and suit grab-and-go use. The drinkable yogurt market size for pouches remains smaller than bottles, but is expanding in Asia’s commuter corridors. Recyclable board cartons, recently adopted by Yoplait, slash pack volume by 50% and use 78% plant-based materials, illustrating capex commitment toward retailer packaging mandates.

HDPE’s opacity guards light-sensitive probiotics, attracting premium SKUs that tout live-culture counts on front labels. Regulatory font-size rules under the U.S. proposal favor larger display panels, nudging brands toward mid-sized packs to retain visual clarity. Sustainability certifications are rapidly becoming table stakes, amplifying competitive advantage for vertically integrated firms with in-house packaging engineers.

By Distribution Channel: On-Trade Drives Premiumization and Brand Experience

Off-Trade still delivers 38.27% of category revenue, yet growth favors On-Trade, whose 9.68% CAGR through 2031 mirrors consumer willingness to pay for experiential consumption. Cafés integrate 250 milliliter yogurt shots into breakfast bundles, while quick-service restaurants upsell blend-to-order smoothie bases. The drinkable yogurt market size generated by On-Trade remains smaller than grocery volume, but its higher margins influence product design. Coca-Cola’s Fairlife performance confirmed that foodservice partners drive double-digit gains without promotional discounts.

Within Off-Trade, supermarkets face share leakage to convenience stores and e-commerce. Online subscription programs provide 15% discounts on recurring orders and feed shopper data back to manufacturers, enabling targeted promotions. Cold-chain costs, however, erode e-commerce margins, so only scale brands maintain profitable direct-to-consumer models. Manufacturers with limited budgets prioritize off-trade volume via distributors, then layer in selective On-Trade placements to build premium equity.

Drinkable Yogurt Market: Market Share by Distribution Channels
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

Geography Analysis

Europe retained 35.68% of the drinkable yogurt market revenue in 2025, buoyed by France, Germany, and the Netherlands, where yogurt consumption anchors breakfast routines. The EU’s positive list for health claims offers regulatory clarity yet imposes multi-year timelines that advantage incumbents with dedicated regulatory teams. UK advertising curbs on sweetened yogurts, effective October 2025, pressed brands to remove added sugars or risk media blackout. Eastern European countries, with rising disposable incomes and expanding cold chains, exhibit faster growth than Western peers, signaling a shift in regional volume mix.

Asia-Pacific is forecast to grow at 9.28% CAGR through 2031 on the back of rising incomes, urban migration, and nutrition-focused government programs. China’s 6.5% milk output rise in 2023 has fed domestic processing capacity, while India’s urban households now allocate nearly 40% of spending to food, elevating dairy uptake. Japan’s senior demographics support fortified drinkables targeting bone health, and Australia shows high per-capita volumes, albeit slower unit growth. Cold-chain infrastructure gaps persist in rural zones, yet are narrowing as public-private partnerships fund refrigerated logistics.

North America remains a consolidation arena. Chobani’s USD 1.2 billion Rome, New York plant underscores scale economics, whereas General Mills’ USD 2.1 billion yogurt divestiture signals strategic retreat from a low-margin category. Canada’s symbol mandate, kicking in January 2026, fuels a wave of lower-sugar reformulations[3]Source: Health Canada, “Front-of-Package Nutrition Symbol Labelling Guide,” canada.ca. South America and the Middle East-Africa trail on affordability and logistics, yet urban centers such as São Paulo and Riyadh show rising probiotic awareness, hinting at long-term upside once cold-chain coverage broadens.

Drinkable Yogurt Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

The drinkable yogurt market exhibits low concentration. Multinationals like Danone, Lactalis, Yili, and Mengniu leverage vertical integration to manage raw-milk volatility and streamline compliance. Danone’s expansion at Minster, Ohio, raises milk procurement by 60%, reflecting the capital intensity needed to sustain national distribution. Simultaneously, Danone purchased a majority stake in Kate Farms to bolster plant-based capabilities, indicating that scale players hedge dairy dependence.

Emerging disruptors center on sustainability and format innovation. Chobani secured USD 1 billion in equity to fund a 1.4 million-square-foot plant that will push beyond Greek yogurt into plant variants. Precision-fermentation alliances, such as Fonterra with Nourish Ingredients, allow incumbents to embed dairy-mimicking fats in plant bases, narrowing sensory gaps and safeguarding share. Digital direct-to-consumer models offer data-rich feedback loops, but high cold-chain costs mean only brands with premium price points and repeat-purchase logic, such as subscription bundles, sustain profitability.

Regulatory readiness increasingly separates winners. Early reformulators meet front-of-package limits and secure “healthy” icons, which win shelf facings and avoid advertising bans. Smaller labels without clinical data or capital for sugar reduction face de-listing or acquisition. Functional hybrids fortified with collagen or adaptogens remain a white space where nimble innovators can capture high-margin niches before conglomerates react.

Drinkable Yogurt Industry Leaders

  1. Danone Groupe SA

  2. Chobani, LLC.

  3. Morinaga Nutritional Foods, Inc.

  4. General Mills Inc.

  5. Yakult Honsha Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Drinkable Yogurt
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • August 2025: Danone North America introduced Oikos Fusion, a cultured dairy drink targeting GLP-1 medication users like those on Ozempic, to support muscle retention during weight loss. Each 7-oz lactose-free bottle delivers 23g complete protein via whey/leucine blend, 5g prebiotic fiber, vitamin D, B3, and B12, available in strawberry, mixed berry, and vanilla flavors
  • November 2024: LALA U.S. has introduced LALA Gold, a premium high-protein yogurt line available in drinkable (10 oz) and spoonable (5.3 oz) formats, targeting health-conscious consumers with no added sugar and real fruit flavors. Drinkable servings deliver 25g protein and 6g fiber.
  • October 2024: Chobani introduced its Chobani High Protein range, featuring Greek yogurt cups with 20g protein and drinks offering 15g, 20g, or 30g protein per serving—all lactose-free, no added sugar, and made with natural ingredients and real fruit.
  • July 2024: Morinaga Nutritional Foods Vietnam JSC launched Morinaga Zero Fat Drink Yogurt. Available in Less Sugar and Less Sugar Strawberry flavors, the product uses Japanese fermentation technology for a refreshing taste with no fat, low calories, and 10 billion LAC-Shield® probiotics per serving.

Table of Contents for Drinkable Yogurt Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Demand for Convenient, on-the-go Probiotic Snacks
    • 4.2.2 Rising Health Consciousness Drives Preference for Gut-Friendly Dairy
    • 4.2.3 Product Innovations like Plant-Based, Fortified, and Flavored Variants
    • 4.2.4 Marketing Emphasizing Digestive, Immune Benefits
    • 4.2.5 Aging Population Seeking Nutrient-Dense Options for Bone Health and Immunity Support
    • 4.2.6 Expansion of Retail Channels Including Supermarkets, Convenience Stores, and E-Commerce
  • 4.3 Market Restraints
    • 4.3.1 High Sugar Content in Flavored Variants Faces Regulatory Scrutiny
    • 4.3.2 Intense Competition from Smoothies, Kombucha, and Plant Milks
    • 4.3.3 Stringent Labeling Rules on Health Claims
    • 4.3.4 Premium Pricing Limits Penetration in Price-Sensitive Emerging Markets
  • 4.4 Supply Chain Analysis
  • 4.5 Regulatory Outlook
  • 4.6 Porter’s Five Forces
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECAST

  • 5.1 By Product Type
    • 5.1.1 Dairy-Based Drinkable Yogurt
    • 5.1.2 Plant-Based Drinkable Yogurt
  • 5.2 By Packaging Type
    • 5.2.1 PET Bottles
    • 5.2.2 HDPE Bottles
    • 5.2.3 Cartons
    • 5.2.4 Pouches and Sachets
  • 5.3 By Distribution Channel
    • 5.3.1 On-Trade
    • 5.3.2 Off-Trade
    • 5.3.2.1 Supermarkets and Hypermarkets
    • 5.3.2.2 Convenience and Drug Stores
    • 5.3.2.3 Online Retail Channels
    • 5.3.2.4 Other Channels
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.1.4 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Russia
    • 5.4.2.7 Netherlands
    • 5.4.2.8 Belgium
    • 5.4.2.9 Poland
    • 5.4.2.10 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 India
    • 5.4.3.2 China
    • 5.4.3.3 Japan
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 South Africa
    • 5.4.5.2 Saudi Arabia
    • 5.4.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Ranking Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials (if available), Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Danone S.A.
    • 6.4.2 Yakult Honsha Co., Ltd.
    • 6.4.3 Lactalis Nestlé Produits Frais
    • 6.4.4 Chobani LLC
    • 6.4.5 Inner Mongolia Yili Industrial Group
    • 6.4.6 China Mengniu Dairy Co., Ltd.
    • 6.4.7 General Mills Inc. (Yoplait)
    • 6.4.8 Fonterra Co-operative Group Ltd.
    • 6.4.9 Müller UK and Ireland Group
    • 6.4.10 Arla Foods amba
    • 6.4.11 The Coca-Cola Company (Fairlife)
    • 6.4.12 PepsiCo, Inc. (Kevita)
    • 6.4.13 FrieslandCampina N.V.
    • 6.4.14 Meiji Holdings Co., Ltd.
    • 6.4.15 Saputo Inc.
    • 6.4.16 Siggi’s Dairy
    • 6.4.17 Parmalat S.p.A.
    • 6.4.18 Yeo Valley Group
    • 6.4.19 Mother Dairy Fruit and Vegetable Pvt. Ltd.
    • 6.4.20 Valio Ltd.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Drinkable Yogurt Market Report Scope

The global drinkable yogurt market has been segmented by category into dairy-based and non-dairy based; by type into plain and flavored yogurt; and by distribution into hypermarket/supermarket, convenience stores, specialty stores, online channel and others. Also, the study provides an analysis of the drinkable yogurtmarket in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Product Type
Dairy-Based Drinkable Yogurt
Plant-Based Drinkable Yogurt
By Packaging Type
PET Bottles
HDPE Bottles
Cartons
Pouches and Sachets
By Distribution Channel
On-Trade
Off-TradeSupermarkets and Hypermarkets
Convenience and Drug Stores
Online Retail Channels
Other Channels
By Geography
North AmericaUnited States
Canada
Mexico
Rest of North America
EuropeGermany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Belgium
Poland
Rest of Europe
Asia-PacificIndia
China
Japan
Australia
South Korea
Rest of Asia-Pacific
South AmericaBrazil
Argentina
Rest of South America
Middle East and AfricaSouth Africa
Saudi Arabia
Rest of Middle East and Africa
By Product TypeDairy-Based Drinkable Yogurt
Plant-Based Drinkable Yogurt
By Packaging TypePET Bottles
HDPE Bottles
Cartons
Pouches and Sachets
By Distribution ChannelOn-Trade
Off-TradeSupermarkets and Hypermarkets
Convenience and Drug Stores
Online Retail Channels
Other Channels
By GeographyNorth AmericaUnited States
Canada
Mexico
Rest of North America
EuropeGermany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Belgium
Poland
Rest of Europe
Asia-PacificIndia
China
Japan
Australia
South Korea
Rest of Asia-Pacific
South AmericaBrazil
Argentina
Rest of South America
Middle East and AfricaSouth Africa
Saudi Arabia
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the projected value of the drinkable yogurt market by 2031?

The category is expected to reach USD 71.28 billion by 2031 at a 6.28% CAGR.

Which segment of drinkable yogurt holds the largest 2025 market share?

Dairy-Based formulations led with 81.25% of drinkable yogurt market share in 2025.

Which packaging format will grow fastest through 2031?

Pouches & Sachets are forecast to register the highest CAGR at 8.28%.

Why is Asia-Pacific considered the growth engine for drinkable yogurt?

Rising disposable incomes, urbanization, and nutrition programs push Asia-Pacific to a 9.28% CAGR.

Page last updated on:

Drinkable Yogurt Market Report Snapshots