About Dry Yogurt
The consumption of yogurt is consistently increasing year over year. Dry yogurt is a white-yellowish yogurt powder produced using milk or regular yogurt. It is produced either by adding starting cultures to the milk then drying the product or removing all the moisture from yogurt only until the remaining matter is dry and can easily be made into powder.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dry Yogurt market throughout the forecasted period. 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.
Glanbia Nutritionals, Inc. (United States), Ace International LLP (India), Kerry Group (Ireland), PreGel America, Inc. (United States), C.P. Ingredients Ltd. (Ireland), Bluegrass Dairy & Food, Inc. (United States), Dr. Otto Suwelack Nachf. GmbH & Co. KG (Germany), Armor Protéines S.A.S. (France), Prolactal GmbH (Austria) and Bempresa Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Schwarzwaldmilch GmbH (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Dry Yogurt market by Type (Skimmed Dry Yogurt, Semi-skimmed Dry Yogurt and Whole Dry Yogurt) and Region.
On the basis of geography, the market of Dry 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 Category, the sub-segment i.e. Dairy-based yogurt will boost the Dry Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Dry Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavour, the sub-segment i.e. Plain yogurt will boost the Dry Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Awareness about Health Benefits of the Yogurt among People
Market Growth Drivers:
Low Price and Widespread Availability of the Yogurt and Rise in the Disposable Income of the People
Challenges:
Allergies associated with Lactose
Restraints:
Added Harmful Additives in the Yogurt
Opportunities:
Growth In the Food Industry Worldwide and Rising Demand for Dairy-Based Products
Market Leaders and their expansionary development strategies
On 17th December 2020, CP Kelco has launched GENU Pectin YM-FP-2100, a clean-label-friendly ingredient that provides a medium-to-high viscosity in the fruited drinking yogurt and with ease of pumpability at the fruit prep stage.
In August 2023, Bharat Skyr & Doodh Products, a well-known brand among premium milk product manufacturers - Skyrrup, launched of lactose-free Greek Yogurt for yogurt lovers. With a protein content of 7.5 grams & made from A2 Cow Milk, Skyrrup’s Greek Yogurt not only provides essential nourishment but also delights the senses. Embodying wellness, Skyrrup skillfully merges protein power with amazing benefits, offering a delightful and convenient way to prioritize health.
Yogurts shall comply with all applicable Federal regulations including those contained in the Food and Drug Administration's Standard of Identity for Yogurt (21 CFR Part 131.200), Lowfat Yogurt (21 CFR Part 131.203) or Nonfat Yogurt (21 CFR Part 131.206).
Key Target Audience
Dry Yogurt Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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.