Asia-Pacific Yogurt Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 47.67 Billion |
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Market Size (2029) | USD 63.96 Billion |
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Largest Share by Distribution Channel | Off-Trade |
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CAGR (2024 - 2029) | 6.05 % |
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Largest Share by Country | China |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Yogurt Market Analysis
The Asia-Pacific Yogurt Market size is estimated at 47.67 billion USD in 2024, and is expected to reach 63.96 billion USD by 2029, growing at a CAGR of 6.05% during the forecast period (2024-2029).
47.67 Billion
Market Size in 2024 (USD)
63.96 Billion
Market Size in 2029 (USD)
4.99 %
CAGR (2017-2023)
6.05 %
CAGR (2024-2029)
Largest Market by Country
50.39 %
value share, China, 2023
The rising demand for value added and sustainable dairy products along with the rising lactose intolerant population in the country is largely captivating the segmental growth.
Largest Market by Distribution Channel
99.26 %
value share, Off-Trade, 2023
Consumer preference for these channels is driven by seasonal offers, discounts on bulk purchases, and access to diversified products through a dedicated section of dairy products.
Largest Market by Country
12.24 %
Projected CAGR, India, 2024-2029
The wider acceptance for yogurt to be lighter and more refreshing product and it's consideration as relatively healthier snack is largely driving the consumer acceptance in India
Fastest-growing Market by Distribution Channel
6.08 %
Projected CAGR, Off-Trade, 2024-2029
The technological advancements making freedom to browse digital catalogs without any hurry in a priceless way is driving off-trade retail channels through Online stores.
Leading Market Player
16.25 %
market share, Inner Mongolia Yili Industrial Group Co. Ltd, 2022
Inner Mongolia Yili Industrial Group Co. Ltd has gained a competitive edge over other players due to its extensive product portfolio with wider brand presence, along with its strategic moves toward innovation.
Strong presence of supermarkets and convenience stores further boosting the yogurt sales
- In APAC, yogurt is consumed mainly through off-trade channels and is expected to witness a growth of 10.68% in 2023 over 2022. The growth can be attributed to the easy availability of a wide range of yogurts across retail foodservice channels. Among distribution channels, the off-trade segment dominates the Asia-Pacific yogurt market, with the supermarkets and hypermarkets sub-segment accounting for the highest share of 61.43% in the off-trade segment by value. The sub-segment accounting for the highest share is attributed to the strong penetration of popular chains such as Maruetsu, Aldi, Big Bazaar, Woolworths Group, and Aeon Retail, which provide a wide selection of dairy products, including a wide range of yogurt varieties that are both imported and made locally.
- In the Asia-Pacific region, consumers prefer away-from-home yogurt consumption as a go-to convenience food. Yogurt sales through the on-trade channel are anticipated to grow by USD 350.94 million in 2025, up from USD 288.52 million in 2021. The growth in the segment is attributed to increasing out-of-home consumption preferences. As of 2021, Indian consumers were eating out nearly seven times a month, and over 80% of the respondents stated that they would prefer affordable casual dining options and fast-service restaurants to eat out.
- E-commerce is the fastest-growing channel for yogurt sales in the non-store retailing category in Asia-Pacific. The segment held a share of 4.81% in 2022 in the region. In 2020, 54% of Chinese customers preferred e-commerce for purchasing food products, including dairy. Group buying, live streaming, and discounts are all marketing campaigns being used to attract consumers toward e-commerce. In China, the popular e-commerce chains for yogurt sales include Tmall Global, JD Worldwide, and Pinduoduo.
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High production of raw milk and rising consumer preference for quality dairy products are key market drivers in the region
- India and China are the region's major markets, followed by New Zealand and Japan. India and China collectively accounted for a 65.25% share of yogurt volume sales across the region in 2022. Yogurt is an ancient food and has been part of the daily diet for thousands of years across different regional countries. The key driving factors are the high production of raw milk, rising consumer preference for quality dairy products, and adequate industry regulations to facilitate the manufacturing and trading of dairy products.
- The Government of India has permitted 100% FDI (Foreign Direct Investment) through the automatic route for food processing. The dairy industry records substantial FDIs, constituting about 40% of FDIs in the Indian food industry. India is also one of the largest yogurt-consuming countries, as it is the key component of many Indian cuisines.
- Yogurt is the most widely consumed dairy product after milk in Japanese households and accounted for a 35% share of total dairy sales in 2022. The market growth in the country is attributed to the advancement of dairy farms. In Japan, dairy farms with 200 or more cows increased by 10% in 2022. The average yard population of Japanese dairy farms reached 103 heads in 2022, recording a 5% Y-o-Y growth over 2021.
- China is the fastest-growing yogurt market in Asia-Pacific. In China, yogurt sales value is anticipated to record a CAGR of 15.0% during the forecast period to reach a value of USD 73,009.32 million by the end of 2029. Fruit-flavored yogurts, such as strawberry, raspberry, and blueberry, are widely preferred among Chinese consumers.
Asia-Pacific Yogurt Market Trends
Improved health benefits of yogurt products emerge as major factors driving consumption
- Yogurt consumption has been on the rise due to its numerous health benefits. Considered a protein-rich food source, yogurt improves metabolism, making it an ideal choice for individuals aiming to burn more calories throughout the day. In addition to aiding weight loss, yogurt also promotes the growth of beneficial gut bacteria. Consequently, the demand for unflavored yogurt continues to surge across various regions.
- In India, yogurt, known as curd, holds a prominent place in the daily routines of the population, often consumed as part of meals or refreshments. Similarly, yogurt consumption in Australia has witnessed significant growth over the past decade, as it is widely recognized as a healthy snack option. From 2023 to 2024, the per capita consumption of yogurt in India is expected to increase by 5.16%, while in Australia, it saw a growth of 1.2% during the same period.
- China displays a strong inclination toward lactose-free yogurt. More than 92% of the Chinese population experiences allergic reactions to lactose found in dairy products, resulting in discomforts like flatulence and diarrhea. Yogurt products, through fermentation, effectively break down a large portion of lactose, greatly reducing the likelihood of allergic reactions.
- The demand for yogurt-based recipes from cafes and restaurants has been steadily increasing, further driving the market growth. This trend is particularly evident in Southeast Asia, where the food service industry has experienced significant expansion, with foreign food chains strategically expanding their presence. The influx of inbound tourists has also contributed to this growth, with around 11.15 million arrivals recorded in 2022, marking a substantial increase compared to previous years.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- An upward trend in dairy farming across Asia with growing disruptors in production and distribution
Asia-Pacific Yogurt Industry Overview
The Asia-Pacific Yogurt Market is moderately consolidated, with the top five companies occupying 42.44%. The major players in this market are China Mengniu Dairy Company Ltd, Gujarat Co-operative Milk Marketing Federation Ltd, Inner Mongolia Yili Industrial Group Co. Ltd, Meiji Dairies Corporation and Yakult Honsha Co. Ltd (sorted alphabetically).
Asia-Pacific Yogurt Market Leaders
China Mengniu Dairy Company Ltd
Gujarat Co-operative Milk Marketing Federation Ltd
Inner Mongolia Yili Industrial Group Co. Ltd
Meiji Dairies Corporation
Yakult Honsha Co. Ltd
Other important companies include Bulla Dairy Foods, Danone SA, FAGE International SA, Nestlé SA.
*Disclaimer: Major Players sorted in alphabetical order.
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Asia-Pacific Yogurt Market News
- July 2022: Amul announced an investment of USD 60 million to build a new dairy plant in Rajkot to expand its production capabilities across milk, yogurt, and buttermilk products.
- September 2021: Bulla Dairy Foods launched its Australian Style Yogurt in 100g cups through food service distributors.
- July 2021: Miss Fresh partnered with China Mengniu Dairy to offer the full range of Mengniu's 70 high-quality dairy products to bring more nutritious and healthy choices to the MissFresh app and WeChat Mini Program users.
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We provide a comprehensive and exhaustive set of data pointers for global, regional, and country-level metrics that illustrate the fundamentals of the dairy industry. With the help of 45+ free charts, clients can access in-depth market analysis based on per capita consumption numbers and production data of raw materials for dairy, through granular-level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on dairy, categories of dairy products, product types, etc., are available in the form of comprehensive reports as well as excel based data worksheets.
Asia-Pacific Yogurt Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Per Capita Consumption
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4.2 Raw Material/commodity Production
- 4.2.1 Milk
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4.3 Regulatory Framework
- 4.3.1 Australia
- 4.3.2 China
- 4.3.3 India
- 4.3.4 Japan
- 4.3.5 South Korea
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 Product Type
- 5.1.1 Flavored Yogurt
- 5.1.2 Unflavored Yogurt
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5.2 Distribution Channel
- 5.2.1 Off-Trade
- 5.2.1.1 By Sub Distribution Channels
- 5.2.1.1.1 Convenience Stores
- 5.2.1.1.2 Online Retail
- 5.2.1.1.3 Specialist Retailers
- 5.2.1.1.4 Supermarkets and Hypermarkets
- 5.2.1.1.5 Others (Warehouse clubs, gas stations, etc.)
- 5.2.2 On-Trade
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5.3 Country
- 5.3.1 Australia
- 5.3.2 China
- 5.3.3 India
- 5.3.4 Indonesia
- 5.3.5 Japan
- 5.3.6 Malaysia
- 5.3.7 New Zealand
- 5.3.8 Pakistan
- 5.3.9 South Korea
- 5.3.10 Rest of Asia Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 Bulla Dairy Foods
- 6.4.2 China Mengniu Dairy Company Ltd
- 6.4.3 Danone SA
- 6.4.4 FAGE International SA
- 6.4.5 Gujarat Co-operative Milk Marketing Federation Ltd
- 6.4.6 Inner Mongolia Yili Industrial Group Co. Ltd
- 6.4.7 Meiji Dairies Corporation
- 6.4.8 Nestlé SA
- 6.4.9 Yakult Honsha Co. Ltd
7. KEY STRATEGIC QUESTIONS FOR DAIRY AND DAIRY ALTERNATIVE CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- PER CAPITA CONSUMPTION OF YOGURT, KG, ASIA-PACIFIC, 2017 - 2029
- Figure 2:
- PRODUCTION OF MILK, METRIC TONNES, ASIA-PACIFIC, 2017 - 2021
- Figure 3:
- VOLUME OF YOGURT, METRIC TONNES, BY ASIA-PACIFIC, 2017 - 2029
- Figure 4:
- VALUE OF YOGURT, USD MN, BY ASIA-PACIFIC, 2017 - 2029
- Figure 5:
- VOLUME OF YOGURT MARKET BY PRODUCT TYPE, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 6:
- VALUE OF YOGURT MARKET BY PRODUCT TYPE, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 7:
- VOLUME SHARE OF YOGURT MARKET BY PRODUCT TYPE, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 8:
- VALUE SHARE OF YOGURT MARKET BY PRODUCT TYPE, %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 9:
- VOLUME OF FLAVORED YOGURT MARKET, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 10:
- VALUE OF FLAVORED YOGURT MARKET, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 11:
- VALUE SHARE OF FLAVORED YOGURT MARKET, BY DISTRIBUTION CHANNEL , %, ASIA-PACIFIC, 2022 VS 2029
- Figure 12:
- VOLUME OF UNFLAVORED YOGURT MARKET, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 13:
- VALUE OF UNFLAVORED YOGURT MARKET, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 14:
- VALUE SHARE OF UNFLAVORED YOGURT MARKET, BY DISTRIBUTION CHANNEL , %, ASIA-PACIFIC, 2022 VS 2029
- Figure 15:
- VOLUME OF YOGURT MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 16:
- VALUE OF YOGURT MARKET BY DISTRIBUTION CHANNEL, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 17:
- VOLUME SHARE OF YOGURT MARKET, BY DISTRIBUTION CHANNEL , %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 18:
- VALUE SHARE OF YOGURT MARKET, BY DISTRIBUTION CHANNEL , %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 19:
- VOLUME OF YOGURT MARKET BY SUB DISTRIBUTION CHANNELS, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 20:
- VALUE OF YOGURT MARKET BY SUB DISTRIBUTION CHANNELS, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 21:
- VOLUME SHARE OF YOGURT MARKET, BY SUB DISTRIBUTION CHANNELS , %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 22:
- VALUE SHARE OF YOGURT MARKET, BY SUB DISTRIBUTION CHANNELS , %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 23:
- VOLUME OF YOGURT MARKET SOLD VIA CONVENIENCE STORES, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 24:
- VALUE OF YOGURT MARKET SOLD VIA CONVENIENCE STORES, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 25:
- VALUE SHARE OF YOGURT MARKET, SOLD VIA CONVENIENCE STORES, BY CATEGORY , %, ASIA-PACIFIC, 2022 VS 2029
- Figure 26:
- VOLUME OF YOGURT MARKET SOLD VIA ONLINE RETAIL, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 27:
- VALUE OF YOGURT MARKET SOLD VIA ONLINE RETAIL, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 28:
- VALUE SHARE OF YOGURT MARKET, SOLD VIA ONLINE RETAIL, BY CATEGORY , %, ASIA-PACIFIC, 2022 VS 2029
- Figure 29:
- VOLUME OF YOGURT MARKET SOLD VIA SPECIALIST RETAILERS, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 30:
- VALUE OF YOGURT MARKET SOLD VIA SPECIALIST RETAILERS, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 31:
- VALUE SHARE OF YOGURT MARKET, SOLD VIA SPECIALIST RETAILERS, BY CATEGORY , %, ASIA-PACIFIC, 2022 VS 2029
- Figure 32:
- VOLUME OF YOGURT MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 33:
- VALUE OF YOGURT MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 34:
- VALUE SHARE OF YOGURT MARKET, SOLD VIA SUPERMARKETS AND HYPERMARKETS, BY CATEGORY , %, ASIA-PACIFIC, 2022 VS 2029
- Figure 35:
- VOLUME OF YOGURT MARKET SOLD VIA OTHERS (WAREHOUSE CLUBS, GAS STATIONS, ETC.), METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 36:
- VALUE OF YOGURT MARKET SOLD VIA OTHERS (WAREHOUSE CLUBS, GAS STATIONS, ETC.), USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 37:
- VALUE SHARE OF YOGURT MARKET, SOLD VIA OTHERS (WAREHOUSE CLUBS, GAS STATIONS, ETC.), BY CATEGORY , %, ASIA-PACIFIC, 2022 VS 2029
- Figure 38:
- VOLUME OF YOGURT MARKET SOLD VIA ON-TRADE, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 39:
- VALUE OF YOGURT MARKET SOLD VIA ON-TRADE, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 40:
- VALUE SHARE OF YOGURT MARKET, SOLD VIA ON-TRADE, BY CATEGORY , %, ASIA-PACIFIC, 2022 VS 2029
- Figure 41:
- VOLUME OF YOGURT MARKET BY COUNTRY, METRIC TONNES, ASIA-PACIFIC, 2017 - 2029
- Figure 42:
- VALUE OF YOGURT MARKET BY COUNTRY, USD MN, ASIA-PACIFIC, 2017 - 2029
- Figure 43:
- VOLUME SHARE OF YOGURT MARKET, BY COUNTRY , %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 44:
- VALUE SHARE OF YOGURT MARKET, BY COUNTRY , %, ASIA-PACIFIC, 2017 VS 2023 VS 2029
- Figure 45:
- VOLUME OF YOGURT MARKET, METRIC TONNES, AUSTRALIA, 2017 - 2029
- Figure 46:
- VALUE OF YOGURT MARKET, USD MN, AUSTRALIA, 2017 - 2029
- Figure 47:
- VALUE SHARE OF YOGURT MARKET, BY PRODUCT TYPE , %, AUSTRALIA, ASIA-PACIFIC, 2022 VS 2029
- Figure 48:
- VOLUME OF YOGURT MARKET, METRIC TONNES, CHINA, 2017 - 2029
- Figure 49:
- VALUE OF YOGURT MARKET, USD MN, CHINA, 2017 - 2029
- Figure 50:
- VALUE SHARE OF YOGURT MARKET, BY PRODUCT TYPE , %, CHINA, ASIA-PACIFIC, 2022 VS 2029
- Figure 51:
- VOLUME OF YOGURT MARKET, METRIC TONNES, INDIA, 2017 - 2029
- Figure 52:
- VALUE OF YOGURT MARKET, USD MN, INDIA, 2017 - 2029
- Figure 53:
- VALUE SHARE OF YOGURT MARKET, BY PRODUCT TYPE , %, INDIA, ASIA-PACIFIC, 2022 VS 2029
- Figure 54:
- VOLUME OF YOGURT MARKET, METRIC TONNES, INDONESIA, 2017 - 2029
- Figure 55:
- VALUE OF YOGURT MARKET, USD MN, INDONESIA, 2017 - 2029
- Figure 56:
- VALUE SHARE OF YOGURT MARKET, BY PRODUCT TYPE , %, INDONESIA, ASIA-PACIFIC, 2022 VS 2029
- Figure 57:
- VOLUME OF YOGURT MARKET, METRIC TONNES, JAPAN, 2017 - 2029
- Figure 58:
- VALUE OF YOGURT MARKET, USD MN, JAPAN, 2017 - 2029
- Figure 59:
- VALUE SHARE OF YOGURT MARKET, BY PRODUCT TYPE , %, JAPAN, ASIA-PACIFIC, 2022 VS 2029
- Figure 60:
- VOLUME OF YOGURT MARKET, METRIC TONNES, MALAYSIA, 2017 - 2029
- Figure 61:
- VALUE OF YOGURT MARKET, USD MN, MALAYSIA, 2017 - 2029
- Figure 62:
- VALUE SHARE OF YOGURT MARKET, BY PRODUCT TYPE , %, MALAYSIA, ASIA-PACIFIC, 2022 VS 2029
- Figure 63:
- VOLUME OF YOGURT MARKET, METRIC TONNES, NEW ZEALAND, 2017 - 2029
- Figure 64:
- VALUE OF YOGURT MARKET, USD MN, NEW ZEALAND, 2017 - 2029
- Figure 65:
- VALUE SHARE OF YOGURT MARKET, BY PRODUCT TYPE , %, NEW ZEALAND, ASIA-PACIFIC, 2022 VS 2029
- Figure 66:
- VOLUME OF YOGURT MARKET, METRIC TONNES, PAKISTAN, 2017 - 2029
- Figure 67:
- VALUE OF YOGURT MARKET, USD MN, PAKISTAN, 2017 - 2029
- Figure 68:
- VALUE SHARE OF YOGURT MARKET, BY PRODUCT TYPE , %, PAKISTAN, ASIA-PACIFIC, 2022 VS 2029
- Figure 69:
- VOLUME OF YOGURT MARKET, METRIC TONNES, SOUTH KOREA, 2017 - 2029
- Figure 70:
- VALUE OF YOGURT MARKET, USD MN, SOUTH KOREA, 2017 - 2029
- Figure 71:
- VALUE SHARE OF YOGURT MARKET, BY PRODUCT TYPE , %, SOUTH KOREA, ASIA-PACIFIC, 2022 VS 2029
- Figure 72:
- VOLUME OF YOGURT MARKET, METRIC TONNES, REST OF ASIA PACIFIC, 2017 - 2029
- Figure 73:
- VALUE OF YOGURT MARKET, USD MN, REST OF ASIA PACIFIC, 2017 - 2029
- Figure 74:
- VALUE SHARE OF YOGURT MARKET, BY PRODUCT TYPE , %, REST OF ASIA PACIFIC, ASIA-PACIFIC, 2022 VS 2029
- Figure 75:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, ASIA-PACIFIC, 2017 - 2029
- Figure 76:
- MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2017 - 2029
- Figure 77:
- VALUE SHARE OF MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
Asia-Pacific Yogurt Industry Segmentation
Flavored Yogurt, Unflavored Yogurt are covered as segments by Product Type. Off-Trade, On-Trade are covered as segments by Distribution Channel. Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, South Korea are covered as segments by Country.
- In APAC, yogurt is consumed mainly through off-trade channels and is expected to witness a growth of 10.68% in 2023 over 2022. The growth can be attributed to the easy availability of a wide range of yogurts across retail foodservice channels. Among distribution channels, the off-trade segment dominates the Asia-Pacific yogurt market, with the supermarkets and hypermarkets sub-segment accounting for the highest share of 61.43% in the off-trade segment by value. The sub-segment accounting for the highest share is attributed to the strong penetration of popular chains such as Maruetsu, Aldi, Big Bazaar, Woolworths Group, and Aeon Retail, which provide a wide selection of dairy products, including a wide range of yogurt varieties that are both imported and made locally.
- In the Asia-Pacific region, consumers prefer away-from-home yogurt consumption as a go-to convenience food. Yogurt sales through the on-trade channel are anticipated to grow by USD 350.94 million in 2025, up from USD 288.52 million in 2021. The growth in the segment is attributed to increasing out-of-home consumption preferences. As of 2021, Indian consumers were eating out nearly seven times a month, and over 80% of the respondents stated that they would prefer affordable casual dining options and fast-service restaurants to eat out.
- E-commerce is the fastest-growing channel for yogurt sales in the non-store retailing category in Asia-Pacific. The segment held a share of 4.81% in 2022 in the region. In 2020, 54% of Chinese customers preferred e-commerce for purchasing food products, including dairy. Group buying, live streaming, and discounts are all marketing campaigns being used to attract consumers toward e-commerce. In China, the popular e-commerce chains for yogurt sales include Tmall Global, JD Worldwide, and Pinduoduo.
| Product Type | Flavored Yogurt | ||
| Unflavored Yogurt | |||
| Distribution Channel | Off-Trade | By Sub Distribution Channels | Convenience Stores |
| Online Retail | |||
| Specialist Retailers | |||
| Supermarkets and Hypermarkets | |||
| Others (Warehouse clubs, gas stations, etc.) | |||
| Distribution Channel | On-Trade | ||
| Country | Australia | ||
| China | |||
| India | |||
| Indonesia | |||
| Japan | |||
| Malaysia | |||
| New Zealand | |||
| Pakistan | |||
| South Korea | |||
| Rest of Asia Pacific |
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Market Definition
- Butter - Butter is a yellow-to-white solid emulsion of fat globules, water, and inorganic salts produced by churning the cream from cows’ milk
- Dairy - Dairy product include milk and any of the foods made from milk, including butter, cheese, ice cream, yogurt, and condensed and dried milk.
- Frozen Desserts - Frozen dairy dessert means and includes products containing milk or cream and other ingredients which are frozen or semi-frozen prior to consumption, such as ice milk or sherbet, including frozen dairy desserts for special dietary purposes, and sorbet
- Sour Milk Drinks - Sour milk is thick, curdled milk, with a sour taste, obtained from the fermentation of milk. Sour milk drinks such as kefir, laban, buttermilk have been considered in the study
| Keyword | Definition |
|---|---|
| Cultured Butter | Cultured butter is prepared by having the raw butter go through chemical processing and has been added with certain emulsifiers and foreign ingredients. |
| Uncultured Butter | This type of butter is one which has not been processed in any way |
| Natural Cheese | The type of cheese in its most natural form. It is made from natural and simple products and ingredients, including fresh and natural salts, natural colors, enzymes, and high-quality milk. |
| Processed Cheese | Processed cheese undergoes the same processes as natural cheese; however, it requires more steps and many different forms of ingredients. Making processed cheese involves melting natural cheese, emulsifying it, and adding preservatives and other artificial ingredients or colorings. |
| Single Cream | Single cream contains around 18% fat. It’s a single layer of cream that appears over boiled milk. |
| Double Cream | Double cream contains 48% fat, more than double the amount of fat of single cream. It’s heavier and thicker than single cream |
| Whipping Cream | This has a much higher fat percentage than single cream (36%). Used to top cakes, pies, and puddings and as a thickener for sauces, soups, and fillings. |
| Frozen Desserts | Desserts that are meant to be eaten in frozen condition. E.g., sherbets, sorbets, frozen yogurts |
| UHT Milk (Ultra-high temperature milk) | Milk heated at a very high temperature. Ultra-high-temperature processing (UHT) of milk involves heating for 1–8 sec at 135–154°C. which kills the spore-forming pathogenic microorganism, resulting in a product with a shelf-life of several months. |
| Non-dairy butter/Plant-based butter | Butter made from plant-derived oil such as coconut, palm, etc. |
| Non-dairy Yogurt | Yogurt made from typically made from nuts, like almonds, cashews, coconuts, and even other foods like soybeans, plantains, oats, and peas |
| On-trade | It refers to restaurants, QSRs, and bars. |
| Off-trade | It refers to supermarkets, hypermarkets, on-line channels, etc. |
| Neufchatel cheese | One of the oldest kinds of cheese in France. It is a soft, slightly crumbly, mold-ripened, bloomy-rind cheese made in the Neufchâtel-en-Bray region of Normandy. |
| Flexitarian | It refers to a consumer preferring a semi-vegetarian diet, that is centered on plant foods with limited or occasional inclusion of meat. |
| Lactose Intolerance | Lactose intolerance is a reaction in digestive system to lactose, the sugar in milk. It causes uncomfortable symptoms in response to the consumption of dairy products. |
| Cream Cheese | Cream cheese is a soft and creamy fresh cheese with a tangy taste made from milk and cream. |
| Sorbets | Sorbet is a frozen dessert made using ice combined with fruit juice, fruit purée, or other ingredients, such as wine, liqueur, or honey. |
| Sherbet | Sherbet is a sweetened frozen dessert made with fruit and some sort of dairy product such as milk or cream. |
| Shelf stable | Foods that can be safely stored at room temperature, or "on the shelf," for at least one year and do not have to be cooked or refrigerated to eat safely. |
| DSD | Direct Store Delivery is the process in supply chain management wherein the product is delivered from manufacturing plant directly to the retailer. |
| OU Kosher | Orthodox Union Kosher is a kosher certification agency based in New York City. |
| Gelato | Gelato is a frozen creamy dessert made with milk, heavy cream and sugar. |
| Grass-fed Cows | Grass-fed cows are allowed to graze in pastures, where they eat a variety of grasses and clover. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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