Market Size of Fruit Yogurt Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Fruit Yogurt Market Analysis
The fruit yogurt market is projected to grow at a CAGR of 7.0% during the forecast period (2020 - 2025).
- The demand for fruit yogurt is fueled by the availability of numerous flavors, and growing consumer indulgence for exotic flavors, coupled with significant investments by manufacturers. This prompts the manufacturers to develop products with innovative flavors to cater to the surging demand.
- Globally, with the growing trend of veganism has to the demand for non-dairy-based yogurt products, thus, the segment is anticipated to grow at a faster rate. Owing to the large retail space and convenient conventional services, supermarkets/ hypermarkets remain as one of the most preferred points of sale for fruit yogurt.
- The global fruit yogurt market is highly competitive with the presence of various global and regional players, including several private label brands. However, the major players operating in the market are Danone, General Mills, Chobani, and Nestle, among others.
