US Frozen Yogurt Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.69 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Frozen Yogurt Market Analysis
The United States Frozen Yogurt Market is projected to register a CAGR of 3.69% during the study period (2020-2025).
- Changes in lifestyle, increased expenditure on food and beverages, and increasing preference for sweet indulgence are the factors driving the market for frozen yogurt, as manufacturers are expanding their product portfolios with rich texture, exotic flavors, and premium assortments.
- Moreover, there is a rise in health-conscious consumers, which in turn, has boosted the demand for frozen yogurt, as it has various health benefits, like improved digestion, enhanced immune function, and reduced risk of several diseases, including obesity.
- The opportunity also leads to the increasing popularity of low-fat frozen yogurt. The introduction of innovative varieties of yogurt in a range of flavors and regional tastes is expected to lay out numerous options.
US Frozen Yogurt Market Trends
This section covers the major market trends shaping the US Frozen Yogurt Market according to our research experts:
Growing Demand for Non-Dairy Frozen Yogurt
The demand for dairy-free frozen yogurt is increasing due to the increasing lactose intolerant population across the country. It was noted that more than a quarter of the US population is lactose intolerant. Such consumers choose plant-based foods due to health issues. People across the country are increasingly shifting from dairy to non-dairy products because of the increased availability and knowledge of these products and the increasing number of people becoming allergic to dairy products or altering their dietary habits into vegan eating habits. Therefore, this factor drives the demand for non-dairy frozen yogurt consisting of almonds, coconuts, and soy.
Sustainable Packaging Trends Driving the Market
In United States, there is a rise in demand for sustainable/eco-friendly packaging for various packaged food products. Sustainable packaging not only plays an important role in increasing the shelf life of the products but also reduces the adverse effect on the environment. For instance, Moyo Frozen Yogurt will revitalize its packaging strategies with foopaktm Bio Natura compostable paperboard. Moyo Frozen Yogurt will source its sustainable packaging, including cups and paper goods, to serve frozen yogurt, from APP's strategic partner, Paptech. These types of packaging are expected to gain popularity across the United States.
US Frozen Yogurt Industry Overview
The market studied is consolidated with the major four players, namely Unilever, Dairy Farmers of America Inc., Danone, and Wells Enterprise Inc., occupying a significant share. The players are introducing more offerings to grab the consumer attraction, in terms of product ingredients and pricings. Moreover, players, such as HP Hood LLC, are expanding their production units with the latest technology intact in their production units to increase their production of various kinds of yogurts manufactured by the company.
US Frozen Yogurt Market Leaders
Unilever
Danone SA
Dairy Farmers of America Inc.
Wells Enterprises Inc.
Lactalis
*Disclaimer: Major Players sorted in no particular order
US Frozen Yogurt Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Category
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5.1.1 Dairy-based Frozen Yogurt
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5.1.2 Non-dairy Frozen Yogurt
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5.2 By Application
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5.2.1 Supermarket/Hypermarkets
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5.2.2 Convenience Stores
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5.2.3 Specialty Stores
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5.2.4 Other Distribution Channels
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Key Strategies Adopted
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Danone SA
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6.4.2 Dairy Farmers of America Inc.
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6.4.3 Unilever
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6.4.4 General Mills Inc.
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6.4.5 HP Hood LLC
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6.4.6 Prairie Farms Dairy Inc.
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6.4.7 Lactalis
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6.4.8 Wells Enterprise
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
US Frozen Yogurt Industry Segmentation
The United States frozen yogurt market is segmented by product type into dairy-based frozen yogurt and non-dairy frozen yogurt. By distribution channel, the scope includes supermarkets/hypermarkets, convenience stores, specialty stores, and other distribution channels.
US Frozen Yogurt Market Research FAQs
What is the current United States Frozen Yogurt Market size?
The United States Frozen Yogurt Market is projected to register a CAGR of 3.69% during the forecast period (2024-2029)
Who are the key players in United States Frozen Yogurt Market?
Unilever , Danone SA, Dairy Farmers of America Inc. , Wells Enterprises Inc. and Lactalis are the major companies operating in the United States Frozen Yogurt Market.
What years does this United States Frozen Yogurt Market cover?
The report covers the United States Frozen Yogurt Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Frozen Yogurt Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
US Frozen Yogurt Industry Report
Statistics for the 2024 US Frozen Yogurt market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. US Frozen Yogurt analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
