Global Low Fat Yogurt Market was valued US$11.90 Bn in 2017 and is expected to reach US$28.40 Bn by 2026, at a CAGR of 11.49% during a forecast period.
The global low-fat yogurt market is segmented by non-organic and organic. By type Low-Fat Yogurt Market is divided into Flavoured, Fruit, and Plain Low-Fat Yogurt Market.
The report covers analysis, market forecast and competitive landscape of the industry by region. Regions are segmented by North America, Europe, Middle East & Africa, Asia Pacific, and Latin America.
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Non-Organic and Organic derived under origin segment. Products contain artificial stabilizers, additives, thickeners, fruits, and sweeteners comes under non-organic segment. In terms of non-organic, Yogurt is prepared from milk that does not follow the standards of dairy farming practices set by the various governments or FDA. These products have a longer shelf life and are relatively cheaper as compared to organic items. Non-organic products prepared from artificial sources cause various health problems. In terms of type, low-fat yogurt is available in the stores, including flavored, fruit, and plain. Some of the common flavors added for improving the aroma, taste, and texture of the end product i.e. chocolate, vanilla, and coffee. Some of the fruit flavored low-fat yogurt types available in stores include strawberry, apple, mango, cherry, blueberry, peach, and banana. Asia Pacific region is expected to be the fast-growing region during the forecast period. North America has developed as the dominant region in global low-fat yogurt market followed by Latin America.
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Major factors which are boosting the organic low-fat yogurt market for Increasing alertness about the consumption of synthetic and conventional products coupled with rising health problems associated with their consumption such as blood pressure, diabetes, Crohn’s disease, and many others.
A major drawback for the growth of the low-fat yogurt market is non-organic food because it comes under the artificial stabilizers, additives, and sweeteners. Therefore major challenge of low-fat yogurt market is rising health concerns and increasing awareness regarding the consumption of non-organic dairy items.
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Some of the key players in the low-fat yogurt market are Wallaby Yogurt Company, Byrne Dairy, Jalna Dairy Foods, Rainy Lanes Dairy Foods Ltd., Danone Inc., General Mills Inc., Nestlé, NANCY’S, Gopala, Tillamook, and more.
Scope of Global Low-Fat Yogurt Market:
Global Low-Fat Yogurt Market, by Origin
Non-Organic
Organic
Global Low-Fat Yogurt Market, by Type:
Flavoured
Fruit
Plain
Global Low-Fat Yogurt Market, by Region
North America
Europe
Middle East & Africa
Asia Pacific
Latin America
Key players operated in Global Low-Fat Yogurt Market:
Wallaby Yogurt Company
Byrne Dairy
Jalna Dairy Foods
Rainy Lanes Dairy Foods Ltd.
Danone Inc.
General Mills Inc.
Nestlé, NANCY’S
Gopala
Tillamook
Others.