About Low-sugar Yogurt
Yogurt is essentially a food product which is obtained after cultured fermentation of milk which can be either sourced from animal sources or plant based milk sources. Low sugar yogurt as the name suggests has reduced sugar or sucrose content compared to regular yogurt. The market of low sugar yogurt can be divided into 30% reduced sugar, 50% reduced sugar or sugar free products. They are even available in market in either in different flavorings or in plain flavor. Growing health consciousness has led people to demand for reduced sugar content food. Vegan based organic sugar free yogurt is expected to emerge as a major segment over the coming few years. Geographically, North America is the biggest market of the Low-sugar Yogurt.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Low-sugar Yogurt market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Low-sugar Yogurt Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
General Mills, Inc. (United States), Danone S.A. (France), Chobani (United States), Good Karma Foods Inc. (United States), Fage International S.A. (Luxembourg), Arla Foods (Denmark), Siggi's Dairy (United States), Nestle SA (Switzerland), Lactalis Group (France) and Forager Project (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are COYO Pty Ltd. (Australia), Yeo Valley (United Kingdom) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Low-sugar Yogurt market by Type (30% Less Sugar, 50% Less Sugar, Sugar Free and Others) and Region.
On the basis of geography, the market of Low-sugar Yogurt has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online {E-Commerce Stores} will boost the Low-sugar Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering , the sub-segment i.e. Flavored {Strawberry, Vanilla, Blueberry and Others} will boost the Low-sugar Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Vegan Based will boost the Low-sugar Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Vegan Based Low Sugar Yogurt Market is rising in Popularity
Market Growth Drivers:
Growing Consciousness about Health, Growth of the Processed Food Market and Change in Consumer Taste Preferences due to Rapid Urbanisation
Challenges:
Less Awareness about the Benefit of the Product
Restraints:
Expensive Compared to Regular Dairy Based Plane Yogurt
Opportunities:
Organic Offerings are expected to Rise in Popularity
Market Leaders and their expansionary development strategies
In 2021, Chobani, a United States based company specialised in Yogurt manufacturing has announced launch of its New Greek Yogurt which essentially will be sugar free. This is keeping in mind the growing consumer preffernces for healthy and nutritious food options. The newly launched product which is completely sugar free, has only 60 calories per each serving, is made of complete natural ingredients, is lactose free and has rich probiotic content.
Key Target Audience
Low-sugar Yogurt Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.