About Froyo
Froyo is the frozen yogurt which is made with yogurt and other dairy and non-dairy products. It contains the same contains the same basic ingredients as ice cream, and live bacterial cultures. The frozen yogurt contains low fat and tarter than ice cream. It differs from ice milk and soft serve. Moreover, the froyo is service in various flavors and styles. However, it has sugar-free and fat-free alternatives. The shops offer various types of toppings such as fruit, nuts, and others. Frozen yogurt is not regulated by the FDA but regulated by United states such as California.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.2% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Froyo 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.
Yogen Fruz (Canada), Menchie's (United States), Pinkberry (United States), Red Mango (United States), TCBY (United States), Yogurtland (United States), Llaollao (Spain), Perfectime (United States), Ben & Jerry's (United States), orange leaf (United States) and Yogiboost (Sweden) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Froyo market by Type (Plain Frozen Yogurt and Flavoured Frozen Yogurt) and Region.
On the basis of geography, the market of Froyo 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. Conventional will boost the Froyo market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Content, the sub-segment i.e. Full-Fat will boost the Froyo 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. Online will boost the Froyo market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Changing Lifestyle of Consumers
Market Growth Drivers:
Increasing Disposable Income in Emerging Economies and Benefits Such as Less Fat and Sugar
Challenges:
Stiff Competition Among the Major Players
Restraints:
Availability of Alternative Options
Opportunities:
Increasing Population Which is Health Conscious and Avoids the Desserts that Contain Sugar and Increasing Popularity of Froyo Among Children
Market Leaders and their expansionary development strategies
In February 2023, 16 Handles and Ketnipz are joining forces to bring a new frozen yogurt flavor and an exclusive merchandise drop in honor of “Palentine’s” Day. Additionally, the brands will partner for a limited pop-up retail experience
In January 2020, Yogurtland has launched new vegan flavour in frozen yogurt which is Salted Chocolate Soufflé. It wanted to expand roster to provide a range of innovative flavours that cater to a variety of guests and dietary lifestyles.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others
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.