Europe Frozen Yogurt Market was worth USD xx billion in 2021 and anticipated to be developing at a CAGR of xx%, to arrive at USD xx billion by 2026. Frozen yogurt is a sweet that is produced by refrigerating normal yogurt. It is usually tarter than ice cream and has lower fat. It might contain live or dynamic microorganisms.
Frozen yogurt belongs to the category of frozen desserts, made from plain yogurt and sometimes other dairy products. Frozen yogurt consists of milk solids, artificial sweetener, milk fat, and culture medium. Frozen yogurt is also called frogurt. Frozen yogurt in the current days is utilized a various food and beverage items like ice cream and served in a wide scope of styles and flavors. A ton of organizations permit customers the alternative of adding a few toppings, from bananas to strawberries, or requesting their frozen yogurt in cones or in cups. Certain organizations produce sugar-free flavours too. Frozen yogurt made by different chains is tarter and comparable in taste to the original formulation, though different organizations focus on setting up their frozen yogurt taste like ice-cream. Frozen yogurt has a tarrier taste than ice cream and is low in fat because it uses milk instead of cream. Frozen yogurt is made by fermenting milk with the help of bacteria such as Streptococcus thermophilus and Lactobacillus bulgaricus. It is a normal soft cream, but very different from ice cream. It is also called light low-fat ice cream. Unlike regular yogurt, frozen yogurt is not regulated by the FDI. There is a misconception that frozen yogurt is a probiotic, but this is not always true. Frozen yogurt may or may not have live active bacterial cultures. Frozen yogurt contains plant additives such as guar gum and carrageenan and animal gelatin to stabilize the yogurt and reduce the crystallization of the yogurt when stored at low temperatures. Frozen yogurt is also made from non-dairy products, including almond milk and soy milk. Frozen yogurt is commonly used as a frozen dessert that contains calcium, potassium, and protein.
The Europe Frozen Yogurt market is driven by factors like low fat as compared to the conventional desserts, improving distribution channels, expanding infiltration of players and inclination of children for frozen yogurt among others. Besides, a wide range of flavors are additionally being accessible in the market which is driving the development. Buyers are more health conscious now-a-days, they tend to consume desserts that are low in fat and has minimal amount of sugar, and frozen yogurt becomes the best substitute to unhealthy desserts as frozen yogurts fulfil both the pre-requisites of consumers, and these factors are expected to develop the market of frozen yogurt in Europe. Besides, increasing penetration of organized key market manufacturers ensures a highly competitive market scenario, and results in launch of an increasing varieties of frozen yogurts, which is anticipated to grow the overall development of the European frozen yogurt business to a great extent over the outlook period. Another factor that is expected to increase Europe Frozen Yogurt sales is the distribution of these products through online channels, as online retailers offer a variety of frozen yogurt. Additionally, online stores offer frozen yogurt with favorable deals or coupons. All of these benefits combined are expected to act as positive factors driving the growth of the Europe Frozen Yogurt market during the forecast period. Additionally, increased penetration from organized players will ensure a highly competitive market scenario and launch a variety of frozen yogurts, which is expected to significantly drive the overall growth of frozen yogurt around the region during the forecast period. The growing popularity of low-fat and sugar yogurt among the adult population is another factor driving the growth of the Europe Frozen Yogurt market. Frozen yogurt contains low levels of lactose, and what lactose-intolerant people can consume is a factor driving the growth of the Europe Frozen Yogurt market. Frozen yogurt contains probiotic bacteria that are beneficial to human health. It also contains nutrients that can help improve bone health. Frozen yogurt contains fewer calories than ice cream. These are several factors that are expected to support the growth of the Europe Frozen Yogurt market in the near future. The frozen yogurt market is also driven by children's love of refreshing ice cream alternatives. Children prefer cold desserts during the summer months, and frozen yogurt is the perfect answer to their needs, thus increasing the Europe Frozen Yogurt market growth.
High consumption of fat-containing frozen yogurt can negatively affect individual health, which is a factor that may hamper the growth of the Europe Frozen Yogurt market. However, the use of natural flavors and the introduction of vegan frozen yogurt in a variety of flavors can create great income opportunities for players in Europe Frozen Yogurt markets.
The Europe Frozen Yogurt market is divided based on fat substance into low fat and no fat.
Based on type, the market is separated into regular frozen yogurt and sugar free frozen yogurt.
By flavor, the market is classified into peach, chocolate, strawberry, chocolate, banana, lemonade, pineapple and different flavors.
Based on distribution channels, the market is partitioned into supermarkets and hypermarkets, speciality stores, online stores, supermarkets and other distribution channels. In this portion, speciality stores is relied upon to have the biggest share which is trailed by supermarkets and hypermarkets.
Geographically the Europe Frozen Yogurt Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. Europe has the second biggest market for frozen yogurt by share. Germany frozen yogurt market and France frozen yogurt market occupy the largest portion in Europe. Emerging segments such as vegetable frozen yogurt and yogurt drinks are showing growth in the country's frozen yogurt market. The growing popularity of dairy substitutes in the United Kingdom has led to the rapid growth of frozen yogurt. As a result, the main market players are launching more frozen yogurts than the previous year. The Netherlands frozen yogurt market and Norway frozen yogurt market have smaller share in terms of revenue but have the highest CAGRs in Europe. Factors, for example, rising disposable cashflow and medical advantages offered by frozen yogurt are supposed to drive the market development in this continent.
As the impacts of coronavirus are being witnessed across the world, food and beverage industry records one of its all-time low revenues due to the reduced demand and disturbances in supply chain and sales. The increasing trend of work from home has pushed consumers away from outside food and establishments like hotels, restaurants, cafes, etc. As out of home has truly produced the most elevated edge, this will have quick effect on the F&B though a few providers are hoping to moderate this by redirecting their provisions to retail locations. The increasing consumer demand for healthy alternatives to improve immunity is likely to act negatively for frozen yogurt business for some time. When the circumstance starts to normalize, out-of-home activities will start developing again, which will support the sales in frozen yogurt industry. With a financial depression approaching, food and drink revenues are likely to decrease. Food and refreshment organizations have to return to their sourcing strategies, rationalize their product ranges, and evaluate the flexibility of their supply chains just as their course to market channels. E-commerce and distribution networks should be upgraded and smoothed out. Considering the effect of changing raw material costs and different expenses to serve as well as ways to upgrade demand, organizations will be compelled to return to their evaluation and marketing procedures.
Key Players in the Market:
Major Key Players in the Europe Frozen Yogurt Market are
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