Global Fat Free Yogurts Market Overview:
Fat free yogurt is made from the non-fat milk which contains high percentage of milk sugar. Then artificial and natural flavors are added along with some preservatives and coloring. Also as compared to other yogurt, the fat free yogurts are thicker, creamier in texture as the liquid whey is strained out. In addition, it consists of probiotic cultures and is lower in lactose. However, this type of yogurt is high in protein. Hence, this is preferred by heath conscious individuals who are fueling the market.
As per latest study released by AMA Research, the Global Fat Free Yogurts market is expected to see growth rate of 5.0%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Consumption of Healthier Diet
Market Growth Drivers:
Increasing Health Consciousness among the Consumers and Benefits Such as High Content of Protein and Low Fat
Challenges:
Genetically Modified Organisms Used for Manufacturing Fat Free Yogurt
Restraints:
Availability of Alternative Products may hamper the Market
Opportunities:
Increasing Health Issues Such as Obesity is leading to Consumption of Foods Such as Fat Free Yogurt and Growing Promotional Activities is Boosting the Market
Competitive Landscape:
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.
Some of the key players profiled in the report are General Mills (United States), Nestle SA (Switzerland), Danone (France), Kraft Foods Group (United States), Yakult Honsha (Japan), Ultima Foods (Canada), Chobani, LLC (United States), Sodiaal (United States), Muller (United Kingdom) and Rainy Lanes Dairy Foods (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Parmalat S.p.A (Italy), Juhayna Food Industries (Egypt), Clover S.A. (Pty) Ltd (South Africa), Chi Limited (United States), Brookside Dairy Limited (Kenya) and Sameer Agriculture & Livestock Limited (Kenya). Analyst at AMA Research see United States Vendors to retain maximum share of Global Fat Free Yogurts market by 2030. Considering Market by Origin, the sub-segment i.e. Non-Organic will boost the Fat Free Yogurts market. Considering Market by Packaging, the sub-segment i.e. Glass will boost the Fat Free Yogurts market. Considering Market by Distribution channel, the sub-segment i.e. Online Retail will boost the Fat Free Yogurts market.
Latest Market Insights:
In 2017, Danone, a French multinational food products company, merged its North American yogurt business with WhiteWave Foods, an American company that produces plant-based foods and dairy alternatives, to create a new company called DanoneWave.
In 2021, Chobani, an American yogurt company, partnered with KIND North America, a snack bar company, to launch a line of yogurt bars made with Chobani yogurt and KIND snacks ingredients.
What Can be Explored with the Fat Free Yogurts Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Fat Free Yogurts Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Fat Free Yogurts
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fat Free Yogurts market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fat Free Yogurts market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Raw material suppliers, Government associations, Research organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.