Market Size of South America Yogurt Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.45 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Yogurt Market Analysis
The South American yogurt market is expected to registera CAGR of 5.45%, during the forecast period 2020- 2025.
- The dietof Americans is a great concern and that is leading the consumers to shift towardprobiotic products. The South American market is not as developed as Europe in terms of yogurt. It is worrisome that the American diet is imbalanced and by taking three layers of low fat and fat-free dairy can create a healthier lifestyle.
- Dannon was one of the first one to open its store in South America and to explore new ways of America’s population to experience yogurt. Many European brands like Ehrmann are coming to the market and will be bringing innovative products to excite the consumers.