Global Yogurt Market is Predicted to be Worth US$ 139.1 Billion, Growing at a CAGR of 10.0% Over the Forecast Period (2021-2028)

-


Yogurt is a dairy product that is made by bacteria fermenting milk. These bacteria are known as yogurt cultures, and they are made from streptococcus thermophiles and Lactobacillus bulgaricus bacterium cultures. Yogurt is a popular fermented milk product that is gaining popularity as a healthy diet since it aids in weight loss and improves digestive system efficiency.

Recent Developments

Kerry, a taste and nutrition firm, said in June 2020 that it will expand its nutritional plant protein line, which will broaden the company's breadth of proteins for food and beverages, including but not limited to yogurt and other dairy products. AYO Almondmilk Yogurt, supposedly enlivened with organic strawberries, blueberries, peaches, and organic Madagascar Vanilla was launched by AYO FOODS, LLC in 2020, offering a smooth, clean flavor and likely the only almond milk yogurt available on the Yogurt Market. In the United States, the first Icelandic-style yogurt will be available in 2019. Siggi's, which has been owned by Groupe Lactalis since 2018, has produced a plant-based yogurt with a high nutritional value made from a proprietary blend of coconut, macadamia, and pea protein.

In terms of value, Asia Pacific dominated the global Yogurt Market in 2020, accounting for 33.5 percent of the market, followed by Western Europe and MEA, respectively. Yogurt Market consumption is increasing in Asia-Pacific as a result of its probiotic range of products, as well as its capacity to promote metabolism, improve digestion, and support the immune system. Yogurt can also be eaten as a dessert. It comes in a variety of flavors, including fruit yoghurt, organic yoghurt, and drinkable yoghurt, all of which are highly accepted by customers.

Market Drivers

The market is being driven by the versatility of yogurt and the availability of Yogurt in many forms. Yogurt is commonly used in a variety of meals, from breakfast to lunch to dinner. Furthermore, it is available in a variety of flavours, including plain, flavored, and toppings, all of which contribute to the yogurt's market expansion. Furthermore, yoghurt use is not restricted to specific meals or consumers. Another important element driving Yogurt Market expansion over the predicted period is this.

Comments

Post a Comment

Popular posts from this blog

Intravenous Fluid Therapy is the Fastest Growing Segment Fueling the Growth of Intravenous Solutions Market

-
Image
Intravenous Solutions Market The global Intravenous Solutions Market is estimated to be valued at US$ 577,228 bn or Million in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Intravenous solutions are fluids administered through a vein via a needle or catheter. They are often used to provide essential nutrients, medications, or fluids to patients. Common uses include rehydration, correcting electrolyte imbalances, and ensuring nutrition is delivered for patients who cannot eat or absorb nutrients through the digestive system. Market key trends: One of the major trends in the intravenous solutions market is the increasing use of intravenous fluid therapy. Intravenous fluid therapy involves the administration of aqueous solutions containing electrolytes, sugars, and medications through an intravenous catheter. It is widely used for rehydration, maintenance of f
Read more

Security Robot Market to Reach US$ 11.8 Billion by 2022

-
Image
Security Robot Market The Global Security Robot Market is estimated to be valued at US$ 11.8 billion in 2022 and is expected to exhibit a CAGR of 12.87% over the forecast period 2022 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Security robots are rapidly gaining traction due to their ability to enhance security and surveillance in various industries. These robots offer advantages such as round-the-clock monitoring, real-time video monitoring, and quick response to potential threats. The increasing need for advanced security measures to prevent theft, vandalism, and unauthorized access is driving the demand for security robots. These robots are widely used in industries such as retail, healthcare, transportation, and manufacturing to ensure the safety of assets and individuals. The market is expected to witness significant growth due to the rising security concerns and advancements in robotic technologies. Market Key Trends: One ke
Read more

Smart Light or Lightning Control Market Estimated to Reach US$ 21.03 Billion by 2023

-
Image
Smart Light or Lighting Control Market Market Overview: The global Smart Light or Lighting Control Market is estimated to be valued at US$ 21.03 billion in 2023 and is expected to exhibit a CAGR of 22.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Smart light or lightning control systems enable users to control and monitor the lighting fixtures remotely to improve energy efficiency and convenience. These systems offer advantages such as reduced energy consumption, improved security, customizable lighting solutions, and enhanced ambiance. The growing need for energy-efficient lighting solutions, especially in commercial buildings, residential spaces, and industrial sectors, is driving the demand for smart light or lightning control systems. Market Key Trends: One key trend observed in the Smart Light or Lightning Control Market is the increasing integration of artificial intelligence (AI) and Internet of Things (IoT) te
Read more