Asia Pacific Yogurts Market was worth USD 7.58 billion in 2021 and estimated to be growing at a CAGR of 3.48%, to reach USD 9 billion by 2026.
Market Overview:
Yogurt is a food product which is made from bacterial fermentation of milk. The bacteria which are used in preparing yogurt are called yogurt cultures. Action of bacteria on lactose present in milk produces lactic acid, which gives yogurt its characteristic taste. Most commonly, milk obtained from cow is used in making yogurt.
A wide range of delicacies are prepared from yogurt throughout the world. In India, a unique yogurt called dahi is prepared which is known for its characteristic taste. Dadiah is a special kind of yogurt prepared from fermented bamboo tubes in Sumatra region. In Iran, yogurt is used as a side dish to all meals in their cuisine. Matsoni is a popular yogurt in Russia and Caucasus regions, which is believed to contribute to longevity and high life expectancy among the people. In addition to being used in foods, it is used in regions like India and Pakistan as a cosmetic by mixing yogurt and honey.
Drivers:
The Asia Pacific Yogurts market is driven by factors like rising disposable incomes, changing dietary styles of people, rising availability of yogurt in developing regions of the world and growing awareness about wide range of health benefits such as immunity boost, relieving constipation and diarrhea offered by yogurt among others.
Asia Pacific Yogurts Market Segmentation Analysis:
The Asia Pacific Yogurts market is divided on the basis of product type into Icelandic yogurt, Australian yogurt, traditional yogurt, greek yogurt, kids yogurt, non-dairy yogurt and other yogurts. On the basis of packaged containers, the market is divided into yogurt tubs, yogurt cups, yogurt pouches and yogurt bottles.
Region Analysis:
The Asia Pacific Yogurts market is divided based on geography into India, China, Japan, Australia and other parts in the region. Asia Pacific has the third largest market for yogurts in the world by share and is also the fastest growing market. Within Asia Pacific region, China is expected to have the largest share. Factors such as rising disposable income and increasing awareness about the health benefits offered by yogurt is expected to drive the market growth in the region.
Key Players in the Market:
Major key players in the Asia Pacific Yogurts Market are
Some of the major players in the market include 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.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product Type
5.1.1 Icelandic Yogurt
5.1.2 Australian Yogurt
5.1.3 Traditional Yogurt
5.1.4 Greek Yogurt
5.1.5 Kids Yogurt
5.1.6 Non-Dairy Yogurt
5.1.7 Other Yogurts
5.1.8 Y-o-Y Growth Analysis, By Product Type
5.1.9 Market Attractiveness Analysis, By Product Type
5.1.10 Market Share Analysis, By Product Type
5.2 Packaged Containers
5.2.1 Yogurt Tubs
5.2.2 Yogurt Cups
5.2.3 Yogurt Pouches
5.2.4 Yogurt Bottles
5.2.5 Y-o-Y Growth Analysis, By Packaged Containers
5.2.6 Market Attractiveness Analysis, By Packaged Containers
5.2.7 Market Share Analysis, By Packaged Containers
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Product Type
6.1.3.2 By Packaged Containers
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Product Type
6.1.4.2 By Packaged Containers
6.1.5 Market Share Analysis
6.1.4.1 By Product Type
6.1.4.2 By Packaged Containers
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Danone Groupe SA
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Ultima Foods Inc
8.3 Chobani Inc.
8.4 Sodiaal S.A
8.5 NESTLÉ SA
8.6 General Mills
8.7 Kraft Foods Group, Inc
8.8 Yakult Honsha Co.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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