The global frozen yogurt market size is prophesized to develop at a significant growth rate of 4.5 % from 2022 to 2027 to reach a market value of about USD 9.12 billion by the end of 2027.
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 yoghurt and the presentation of sound item variations with an assortment of flavours is probably going to give various choices to buyers who are searching for a sound option for frozen pastries.
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 over the globe. Probiotics found in frozen yogurt, which helps absorption, excellence, and thinning, has pulled in the frozen yogurt purchasers. In the United States, most of the shoppers select frozen pastries, for example, desserts and frozen yogurts as feast substitutions. Further, furious ways of life, combined with wellbeing and health concerns, are driving these changes.
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 flavours offered by both neighbourhoods, just as significant players, with promising medical advantages and excellent flavour understanding, is likewise driving the deals of frozen yogurt in the nation.
REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2021 – 2027 |
|
Base Year |
2021 |
|
Forecast Period |
2022 - 2027 |
|
CAGR |
4.5% |
|
Segments Covered |
By Fat content, Type, Flavour, Distribution Channel and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on 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, Yogurtland, Gujarat Cooperative Milk Marketing Federation, TCBY, Nestle and Others. |
Customers are more well being cognizant nowadays, they will, in general, devour treats that are low in fat and has 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 positive variables 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 elective by the children. Children incline toward chilled pastries in the late spring seasons and frozen yogurt is an ideal solution to their requests. Besides, expanding entrance of composed players guarantees an exceptionally serious market situation, and results in dispatch of an expanding assortment of frozen yogurts, which is required to help by and large development of frozen yogurt all-inclusive to a considerable degree over the gauge time frame.
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 wellbeing. It additionally contains supplements that help to improve bone wellbeing. 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.
In any case, high utilization of frozen yogurt containing fats can adversely influence the strength of people is a factor which may hamper the development of the worldwide frozen yogurt market. By and by, the utilization of normal flavours and presentation of veggie lover frozen yogurt in various flavours can make high-income open doors for players in the objective market.
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. The significant piece of the overall industry for the 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.
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 flavour advancement as the market request is moving toward new flavours. 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 Market:
Major Key Players in the Global Frozen Yogurt Market are
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 Fat Content
5.1.1 Low Fat
5.1.2 No Fat
5.1.3 Y-o-Y Growth Analysis, By Fat Content
5.1.4 Market Attractiveness Analysis, By Fat Content
5.1.5 Market Share Analysis, By Fat Content
5.2 Type
5.2.1 Regular Frozen Yogurt
5.2.2 Sugar Free Frozen Yogurt
5.2.3 Y-o-Y Growth Analysis, By Type
5.2.4 Market Attractiveness Analysis, By Type
5.2.5 Market Share Analysis, By Type
5.3 Flavour
5.3.1 Peach
5.3.2 Chocolate
5.3.3 Strawberry
5.3.4 Chocolate
5.3.5 Banana
5.3.6 Lemonade
5.3.7 Pineapple
5.3.8 Other Flavours
5.3.9 Y-o-Y Growth Analysis, By Flavour
5.3.10 Market Attractiveness Analysis, By Flavour
5.3.11 Market Share Analysis, By Flavour
5.4 Distribution Channels
5.4.1 Supermarkets and Hypermarkets
5.4.2 Speciality Stores
5.4.3 Online Stores
5.4.4 Grocery Stores
5.4.5 Other Distribution Channels
5.4.6 Y-o-Y Growth Analysis, By Distribution Channels
5.4.7 Market Attractiveness Analysis, By Distribution Channels
5.4.8 Market Share Analysis, By Distribution Channels
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 Fat Content
6.1.3.2 By Type
6.1.3.3 By Flavour
6.1.3.4 By Distribution Channels
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Fat Content
6.1.4.2 By Type
6.1.4.3 By Flavour
6.1.4.4 By Distribution Channels
6.1.5 Market Share Analysis
6.1.5.1 By Fat Content
6.1.5.2 By Type
6.1.5.3 By Flavour
6.1.5.4 By Distribution Channels
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
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 Menchie's Frozen Yogurt Company
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 Pinkberry
8.3 Honey Hill Farms
8.4 Scott Brothers Dairy
8.5 Red Mango, Inc.
8.6 Yogurtland Inc.
8.7 Gujarat Cooperative Milk Marketing Federation Ltd.
8.8 TCBY
8.9 Nestle
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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