IMARC Group, a leading market research company, has recently releases report titled “Low-Fat Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global low-fat yogurt market share, size, growth, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Low-fat yogurt is produced through the fermentation of milk by specific bacterial cultures, primarily Lactobacillus bulgaricus and Streptococcus thermophilus. It maintains a creamy consistency due to its fermentation process. It contains live beneficial bacteria like probiotics, which can promote digestive health. It is packed with essential nutrients, such as calcium, vitamin D, and potassium. It can be part of a calorie-controlled diet, helping with weight management due to its lower fat content. It is also packed with probiotics that aid digestion and support a healthy gut microbiome. It is a versatile ingredient in cooking and can be used in sweet and savory dishes. It is incorporated into marinades for tenderizing and flavoring meats and poultry.

The global low-fat yogurt market size reached US$ 20.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.28% during 2023-2028.

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What are the growth prospects and trends in the low-fat yogurt industry?

 

The ongoing global emphasis on healthier lifestyles and the importance of maintaining a balanced diet represents one of the primary factors propelling the market growth. Additionally, the growing awareness of the health benefits associated with low-fat yogurt, including its role in weight management and digestive health due to its probiotic content. Apart from this, the rising trend towards vegetarian and vegan diets is promoting the development of plant-based, low-fat yogurt alternatives.

These products cater to individuals with dairy allergies or lactose intolerance. Furthermore, low-fat yogurt manufacturers are introducing innovative flavors, textures, and functional ingredients, such as added fiber or antioxidants, to cater to diverse tastes and dietary preferences. Moreover, the expansion of modern retail formats, including supermarkets, hypermarkets, and convenience stores, is facilitating the accessibility of low-fat yogurt products to a wider consumer base. Besides this, the rising aging global population across the globe is driving the demand for products that support bone health and digestive function.

In addition, various leading brands are investing in marketing strategies, such as celebrity endorsements and advertisements through social media platforms, which are positively influencing the market. Furthermore, the availability of low-fat yogurt in convenient and portable packaging formats, such as yogurt cups, pouches, and single-serving containers, is attracting a wider consumer base.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

  • Flavored
    • Cherry
    • Strawberry
    • Mango
    • Others
  • Unflavored

Breakup by Nature:

  • Organic
  • Conventional

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Chobani LLC
  • CP-Meiji Company Ltd.
  • Danone S.A.
  • Fage International S.A.
  • General Mills Inc.
  • Juhayna Food Industries
  • Lausanne Dairies
  • Muller UK Ireland Group
  • Nestlé S.A.
  • Parmalat S.p.A. (Lactalis American Group Inc)
  • Tillamook

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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