Low-Fat Yogurt Market Size Projected To $28.2 Billion By 2025 With CAGR 10.4% | Top market players are General Mills, Inc.; Danone, Inc.; & Nestle S.A.: Grand View Research, Inc.

February 26 11:25 2020
Low-Fat Yogurt Market Size Projected To $28.2 Billion By 2025 With CAGR 10.4% | Top market players are General Mills, Inc.; Danone, Inc.; & Nestle S.A.: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a new report by Grand View Research, Inc. The global low-fat yogurt market size was worth USD 11.65 billion in 2016. Increasing production of low-fat dairy items coupled with various health benefits associated with the consumption of yogurt is expected to boost the industry demand. Technological advancements and rising process automation in the industry are also anticipated to propel the industry growth.

The global low-fat yogurt market is anticipated to reach USD 28.2 billion by 2025, according to a new report by Grand View Research, Inc. Various health benefits associated with the consumption of low-fat dairy products and the rise in production of organic flavored products are expected to boost the industry growth.

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U.S. low-fat yogurt market revenue by origin, 2014 – 2025 (USD Billion)

U.S. low-fat yogurt market

Players operating in the industry are investing in research and development activities to innovate new products and gain a competitive edge over their competitors. These players are adopting process automation to increase the production rate and reduce overall production cost of the product.

The global demand for organic dairy products is growing significantly as these products are prepared from natural sources. Additives, stabilizers, sweeteners, and flavors added during the production process are also obtained from natural sources. Probiotic bacteria are the most common beneficial cultures used for making yogurt.

Further key findings from the report suggest:

  • The global low-fat yogurt market was valued at USD 11.65 billion in 2016. The market is anticipated to reach USD 28.19 billion by 2025, while ascending at a CAGR of 10.4% from 2017 to 2025.

  • Organic low-fat yogurt segment dominated the overall industry in 2016, owing to various advantages of its consumption

  • Flavored yogurt was the largest segment type in 2016. The segment is also projected to be the fastest, ascending at a CAGR of 10.7% over the forecasted period.

  • Chocolate, vanilla, coffee, and mint are some of the common flavors added to the product for improving the odor, taste, and texture of the end product

  • Asia Pacific region is expected to be the fastest growing region and hold over 21% of the overall market by 2025. The region is projected to grow at a CAGR of 11.4% over the forecast period.

  • The industry is highly competitive in nature with the presence of several players

  • Some of the key market players are General Mills, Inc.; Danone, Inc.; Nestle S.A.; Rainy Lanes Dairy Foods Ltd.; Springfield Creamery (Nancy’s); Jalna Dairy Foods; Gopala; Wallaby Yogurt Company; Byrne Dairy; and Tillamook Dairy Co-Op.

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Global low-fat yogurt market revenue by type, 2016 (%)

Global low-fat yogurt market

These bacteria help in balancing the friendly bacteria found in the human digestive tract, which improve immune system of the body. Streptococcus thermophilus is a commonly used lactic acid probiotic bacterium for producing yogurt, which helps in regulating the functioning of digestive tract and the immune system response. Furthermore, maintaining proper gut health helps improve the overall immunity.

Access complete Low-Fat Yogurt Market Report By Grand View research, Inc.

Grand View Research has segmented the global low-fat yogurt market into basis of origin, type, and region:

 Low-fat Yogurt Origin Outlook (Revenue, USD Million; 2014 – 2025)

  • Non-Organic Low-Fat Yogurt

  • Organic Low-Fat Yogurt

 Low-fat Yogurt Type Outlook (Revenue, USD Million; 2014 – 2025)

  • Flavored

  • Fruit

  • Plain

 Low-fat Yogurt Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America

    • U.S.

  • Europe

    • France

    • UK

  • Asia Pacific

    • India

    • China

    • Japan

  • Central & South America

    • Brazil

  • Middle East & Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research Guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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