Global Greek Yogurt Market to Grow at a CAGR of 8.85% During the Period 2017-2021; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Greek Yogurt Market 2017 - 2021” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 11/07/2017 --Report forecast the global greek yogurt market to grow at a CAGR of 8.85% during the period 2017-2021.
The thick and creamy consistency along with many health benefits have made the Greek yogurt quite popular in recent years. Vendors market Greek yogurt as a natural food that offers nutritional value and as a healthy snack that can be consumed at any time of the day, either with meals or as a meal replacement. Health claims like higher protein content but relatively lower fat and sugar contents than conventional yogurt have enhanced the popularity of Greek yogurt. Since, this yogurt variety is manufactured by the repeated straining of the regular yogurt, most of the lactose (sugar) is eliminated.
The report covers the present scenario and the growth prospects of the global greek yogurt market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, one driver in the market is increasing utilization of Greek yogurt in various food and beverage products. In developed markets (the Americas and Western Europe), familiar ingredients are being marketed as a unique selling proposition (USP) of the products, as many consumers might be attracted to the product based on its familiarity. Consumers look for proper labeling on their purchases. They read and analyze nutrition values before making an informed purchase. They also look out for cleaner and better ingredients. With the increasing popularity of Greek yogurt due to its nutritional benefits, many food and beverage (F&B) product manufacturers have started to use this yogurt variety as an ingredient in their product offering.
Further, the report states that one challenge in the market is availability of other yogurt varieties. The availability of different yogurt varieties in the market is one of the hard-hitting challenges for the growth of the Greek yogurt market. For example, goat milk yogurt; labneh; sheep milk yogurt; soy yogurt; and other yogurt drinks (like kefir and lassi) are popular among consumers worldwide. Also, a newer variety of frozen yogurt is increasingly becoming popular among consumers in North America and Europe. Frozen yogurt is made from enriched milk that comprises fat-soluble vitamin A and D.
Global Greek Yogurt Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global greek yogurt market: Chobani, Dannon, FAGE, and General Mills.
Other Prominent Vendors in the market are: Alpina Foods, Auburn Dairy, Brown Cow (Stonyfield Farm), Delta Food (Vivartia), EasiYo, EHRMANN, Emmi Group, Glenisk, Kalypso Farms Dairy, KRI KRI, MEVGAL, Müller UK & Ireland, OLYMPUS, Skotidakis, Sun Valley Dairy, Wallaby Yogurt Co, and Yeo Valley.
Market driver
- Increasing utilization of Greek yogurt in various food and beverage products
- For a full, detailed list, view our report
Market challenge
- Availability of other yogurt varieties
- For a full, detailed list, view our report
Market trend
- Demand for fusion of flavors in Greek yogurt
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 76 pages "Global Greek Yogurt Market 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by manufacturing process, Market segmentation by distribution channel, Geographical segmentation, Key leading countries, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
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