The Global Yogurts Market was worth USD 35.6 billion in 2016 and estimated to be growing at a CAGR of 3.21%, to reach USD 41.69 billion by 2021.

Hyderabad, India -- (SBWire) -- 03/02/2018 --Yogurt is a dairy product made by fermentation of milk by microorganism treatment. The bacteria in the presence of milk which produces a carboxylic acid. The carboxylic acid produced by the microorganisms reacts with milk particles to impart the feel and style of yogurts. Dairy product is mostly made from milk because it is instantly offered all across the globe. Non-dairy yogurts also are gaining quality among shoppers. Non-dairy yogurts are prepared from non-dairy sources such as plant oils. Soy oil is the most important source of non-dairy yogurts. However, dairy-based yogurts form the most important class of yogurts and have steady demand amongst shoppers.

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The global Yogurts Market is estimated to have a value of USD 31.6 billion in 2016. With a CAGR of 3.21%, the market size is expected to grow rapidly to cross USD 41.69 billion by 2022. Changing client preferences relating to the consumption of organic, tasty, and healthy dairy farm food are expected to drive the market.

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Some of the Fresh Dairy products include soured milk, recent cream, and milk-based desserts. Sweden produces over 245 thousand loads of food and alternative soured milk product per annum. In Denmark, the amount of yogurt made in 2015 was 82 thousand tons. That year, European country made 559.8 thousand loads of food. Its neighbor, Belgium, factory made roughly 55 million liters of yogurt.
A wide variety of delicacies can be prepared from yoghurt throughout the planet. In India, yoghurt is made from curd which is locally known as dahi. Dadiah may be a special yoghurt prepared from hard bamboo tubes in island regions. In Iran, yoghurt is employed as a dish for any or all meals in their culinary art. Matsoni may be a standard yoghurt in Russia and Caucasus regions that is believed to contribute to longevity and high life among the individuals. Additionally, to being employed in foods, it is utilized in regions like India and China as a cosmetic by mixing it with honey.

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North America is dominating the Global Yogurts Market in the past few years due to the rising demand for yogurts in this region which is followed by Europe and the Asia Pacific. Meanwhile, Asia Pacific is anticipated to grow with the high CAGR in the forecast period.

The major market contributors for the global Yogurts Market are Danone Groupe SA, Ultima Foods Inc, Chobani Inc., Sodiaal S.A, NESTLÉ SA, General Mills, and Kraft Foods Group, Inc, Yakult Honsha Co., Ltd among others.

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