Global Frozen Yogurt Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Fat Content (Low Fat And No Fat), Type (Regular Frozen Yogurt And Sugar Free Frozen Yogurt), Flavour (Peach, Chocolate, Strawberry, Chocolate, Banana, Lemonade, Pineapple And Other Flavours), Distribution Channels (Supermarkets And Hypermarkets, Speciality Stores, Online Stores, Grocery Stores And Other Distribution Channels), And Region (North America, Europe, APAC, Latin America, Middle East And Africa) – Industry Analysis From 2024 To 2029

Updated On: January, 2024
ID: 3651
Pages: 175

Global Frozen Yogurt Market Size (2024 to 2029)

The global frozen yogurt market size valued at US$ 1.81 Billion in 2024 and is anticipated to increase at US$ 2.15 Billion by 2029, with a growing CAGR 3.50% of in the next six years.

Expanded purchaser inclination for non-dairy, low-calorie, high-protein, and more beneficial sweets is the essential factor driving the market. The rising prominence of low-fat frozen yogurt and the presentation of sound item variations with an assortment of flavors is probably going to give various choices to buyers who are searching for a sound option for frozen pastries.

MARKET TRENDS

Expanding Consumption of Frozen Yogurt Across the Globe

Numerous buyers are progressively searching for advantageous frozen sweet-based bites, which convey medical advantages, taste great, and offer a healthy eating experience. Change in dessert utilization conduct has offered rise to frozen yogurt deals all over the globe. Probiotics found in frozen yogurt, which help absorption, excellence, and thinning, have pulled in frozen yogurt purchasers. In the United States, most shoppers select frozen pastries, for example, desserts and frozen yogurts, as feast substitutions. Further, furious ways of life, combined with well-being and health concerns, are driving these changes.

North America Continues to Dominate the Global Frozen Yogurt Market

The United States holds a huge offer in North America, wherein there is a noteworthy move in purchaser inclinations from dairy-based frozen yogurt to non-dairy-based frozen yogurt items, particularly among high-salary customers. Makers with high shopper bits of knowledge, capacities, and top-tier item improvement skills are pulling in more buyers through inventive item portfolios. The nearness of frozen yogurt in various flavors offered by both neighborhoods, just as significant players, with promising medical advantages and excellent flavor understanding, is likewise driving the deals of frozen yogurt in the nation.

MARKET DRIVERS 

Customers are more well being cognizant nowadays, they will, in general, devour treats that are low in fat and have an insignificant measure of sugar, and frozen yogurt turns into the best option in contrast to unfortunate sweets as frozen yogurts satisfy both the prerequisites of shoppers and these variables are required to drive the market of frozen yogurt. Another factor that is foreseen to help the deals of frozen yogurt is the dissemination of these items through online channels, as online retailers offer a wide assortment of frozen yogurt. In addition, online stores offer frozen yogurt with rewarding offers or coupons. Every one of these advantages is relied upon to go about as a positive variable driving the development of the worldwide frozen yogurt market over the gauge time frame. The frozen yogurt market is likewise determined by the affection for reviving dessert electives by the children. Children are inclined toward chilled pastries in the late spring seasons, and frozen yogurt is an ideal solution to their requests. By and by, the utilization of normal flavors and the presentation of veggie lover frozen yogurt in various flavors can make high-income open doors for players in the objective market.

Frozen yogurt contains low degrees of lactose and can be devoured by lactose intolerance is a factor pushing the development of the objective market.

frozen yogurt contains probiotic microorganisms that are valuable for human well-being. It additionally contains supplements that help to improve bone well-being. frozen yogurt contains fewer calories than dessert. These are a portion of the components expected to help the development of the worldwide frozen yogurt market sooner rather than later.

MARKET RESTRAINTS

The expanding entrance of composed players guarantees an exceptionally serious market situation and results in the dispatch of an expanding assortment of frozen yogurts, which is required to help, by and large, the development of frozen yogurt all-inclusive to a considerable degree over the gauge time frame. In any case, high utilization of frozen yogurt containing fats can adversely influence the strength of people, which is a factor that may hamper the development of the worldwide frozen yogurt market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

3.50%

Segments Covered

By Fat Content, Type, Flavour, Distribution Channel, And Region

Various Analyses Covered

Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Menchie's Frozen Yogurt Company, Pinkberry, Honey Hill Farms, Scott Brothers Dairy, Red Mango, Inc., Yogurtland Inc., Gujarat Cooperative Milk Marketing Federation Ltd., TCBY, and Nestle 

 

REGIONAL ANALYSIS

The land broadening of the market for frozen yogurt is given by North America, Latin America, the Middle East and Africa, Western Europe, Eastern Europe, and the Asia Pacific. A significant piece of the overall industry for frozen yogurt is held by North America. The rise in usage of spices upmarket growth in this area. In Europe, the frozen yogurt market is getting well known at an exceptionally quick rate attributable to its expanded interest in the countries, for example, the U.K., France, and Germany. Asia Pacific area is similarly estimated to register a decent market development in the foreseen years.

COMPETITIVE LANDSCAPE

General Mills Inc., Danone, Unilever, and Nestle are a portion of the organizations driving the frozen yogurt market. Significant players have concentrated on the drawn-out procedures, including item and flavor advancement, as the market request is moving toward new flavors. The opposition among the players is high as there are numerous suppliers for frozen yogurt. Makers working in this market are continually occupied with broad R&D exercises, so as to create normal and more secure items, as opposed to manufactured items.

KEY PLAYERS IN THE GLOBAL FROZEN YOGURT MARKET

Major Key Players in the global frozen yogurt market are Menchie's Frozen Yogurt Company, Pinkberry, Honey Hill Farms, Scott Brothers Dairy, Red Mango, Inc., Yogurtland Inc., Gujarat Cooperative Milk Marketing Federation Ltd., TCBY, and Nestle 

RECENT HAPPENINGS IN THE MARKET

  • Danone is stirring up yogurt class: The organization hopes to reevaluate the classification with new item suggestions.
  • Ben and Jerry's Goes Greek with New Line of Greek Frozen Yogurt
  • The first frozen yogurt brand is offering an arrangement for veterans and current military individuals to respect their administration Broomfield, CO (Restaurant News Release) TCBY.    

DETAILED SEGMENTATION OF GLOBAL FROZEN YOGURT MARKET INCLUDED IN THIS REPORT   

This research report on the global frozen yogurt market has been segmented and sub-segmented based on fat content, type, flavor, distribution channel, & region.    

By Fat Content

  • Low Fat    
  • No Fat     

By Type

  • Regular Frozen Yogurt       
  • Sugar-Free Frozen Yogurt

By Flavour

  • Peach       
  • Chocolate
  • Strawberry             
  • Chocolate
  • Banana    
  • Lemonade              
  • Pineapple               
  • Other Flavours   

By Distribution Channel

  • Supermarkets and Hypermarkets
  • Speciality Stores  
  • Online Stores        
  • Grocery Stores     
  • Other Distribution Channels 

By Region 

  • North America 
  • Europe 
  • Asia Pacific 
  • Latin America 
  • Middle East and Africa 

         

 

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Frequently Asked Questions

1. What are some trends in the frozen yogurt market?

Some current trends include the rise of self-serve frozen yogurt shops, the incorporation of probiotics and functional ingredients for added health benefits, and the expansion of dairy-free and vegan options to cater to dietary preferences and restrictions.

2. What are some popular flavors of frozen yogurt?

Popular flavors include classic options like vanilla, chocolate, and strawberry and more unique flavors like cake batter, cookies and cream, and salted caramel.

3. How is frozen yogurt different from ice cream?

Frozen yogurt typically has a lower fat content than ice cream because it's made with yogurt rather than cream. It also contains live bacterial cultures, which are beneficial for gut health.

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