Market Size of United States Frozen Yogurt Industry
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.