About Frozen Yogurt
Frozen Yogurt is one of the fastest selling frozen desserts in stores and has become everybody’s favorite paths when it comes to escaping glooms of obesity. These frozen yogurts are majorly made by some dairy and non- dairy products and yogurt. These also contain some live and bacterial cultures and provides protein, calcium and gives health benefits to consumers. Frozen yogurt is rich in nutrients with less sugar and comes in different flavors, which gives a choice to the consumer to consume it in the way they want. The Increasing availability of flavors and high demand for frozen yogurt with low sugar content is driving the market for frozen yogurt.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market for yogurt is highly fragmented. The manufacturers compete for innovation, distribution, and pricing of frozen yogurt. The increased adoption of taste has triggered the demand among youngsters, which encourages companies to innovate new product variants. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Frozen 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.
Yogen Fruz (Canada), Pinkberry (United States), Red Mango (United States), TCBY (United States), Llaollao (Spain), Ben & Jerry's (United States), Orange Leaf (United States), Auburn Dairy (United States), Wallaby Yogurt (United States) and Menchie’s Frozen Yogurt (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 Yogurtland Franchising. Inc. (United States), Nestlé (Switzerland), EasiYo (New Zealand), Arla Food (Denmark), Emmi Group (Switzerland), Yakult Honsha Co., Ltd. (Japan) and Müller (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Frozen Yogurt market by Type (Plain Frozen Yogurt and Flavored Frozen Yogurt), Application (Minor (age<18), Young Man (18-30), Young Woman (18-30), Middle-Aged Person (30-50) and Senior (age>50)) and Region.
On the basis of geography, the market of Frozen 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 Flavour Type, the sub-segment i.e. Chocolate will boost the Frozen Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fat content, the sub-segment i.e. Low fat (2%-0.5%) will boost the Frozen Yogurt market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adopting the Popularity of Dairy-Free Frozen Yogurt and Rapid Urbanization and Changing Lifestyle
Market Growth Drivers:
Increasing Awareness of Health Benefits of Yogurt, Strong Consumer Interest in Eating Healthier Desserts Globally and Rising Demand of Low- Calorie and Healthier Frozen Desserts
Challenges:
Maintaining Texture and PH level in Fragmentation Process and Complexity for a Finished Package for Frozen Yogurts
Restraints:
Growing Competition From Other Food Service Brands and International Quality Standards and Regulations for Frozen Yogurt
Opportunities:
Health Awareness and Related Campaign and Customer Indulge in Inexpensive Luxury During Low Times
Market Leaders and their expansionary development strategies
In June 2023, Unilever announced that it has entered into an agreement to acquire Yasso Holdings, Inc., a premium frozen Greek yogurt brand in the United States.
In 2018, Arla a global leader in natural whey ingredients for products in a range of categories launched a new range of yogurt. It offered various flavor as Blueberry, Raspberry, Pineapple & Passion fruit and Strawberry.
FDA regulating packaged milk and dairy in the United States including yogurt. It has some specific rules including how much moisture and milk fat they must contain, and what aging times are required. European Food Safety Authority (EFSA) determines the lactose intolerance can be alleviated by ingesting live yogurt cultures (lactobacilli) that are able to digest the lactose in other dairy products. EFSA enabled yogurt manufacturer to use a health claim on the product label.
Key Target Audience
Frozen Yogurt manufacturers, suppliers, and processors, Frozen Yogurt Traders & retailers, Government agencies, Universities and industry bodies, End users 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.