Market Size of Europe Yogurt Industry
| Study Period | 2018 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2018 - 2022 |
| CAGR | 3.20 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Yogurt Market Analysis
The Europe Yogurt Market is projected to register a CAGR of 3.2% over the next five years.
The market witnessed significant growth due to a rise in health consciousness among Europeans. This encouraged them to opt for yogurt, as it has various health benefits, like improved digestion, enhanced immune function, and a reduced risk of many diseases, including obesity. The addition of yogurt to meal plans is one of those factors contributing to the market growth. The demand for yogurt is fuelled by the availability of numerous flavors growing consumer indulgence in exotic flavors, and significant investments by manufacturers. This prompts manufacturers to develop products with innovative flavors to cater to the growing demand.
Additionally, with the growing trend of veganism across Europe, the demand for non-dairy-based yogurt products is anticipated to grow faster. Owing to the ample retail space and convenient conventional services, supermarkets/ hypermarkets remain one of the most preferred points of sale for yogurt. With the widespread concerns around the region regarding consuming probiotic or prebiotic yogurt, several wellness brands, such as Activia and Actimel, offered drinking yogurt and spoonable yogurt in exotic fruit flavors. As per the data of the Department of Health and Social Care, the United Kingdom government has set regulations that restrict the placement of products in grocery or any retail shelves or any e-commerce store along with that promoting products or drinks which are high in salt, sugar and fat, salt or those are less healthy in an open forum. This government statement has bound various yogurt manufacturers to produce dairy or non-dairy less sugar and cleanly labeled yogurt products in the United Kingdom market.
Europe Yogurt Industry Segmentation
Yogurt is a food produced by the bacterial fermentation of milk. The Europe yogurt market is segmented by category, type, distribution channel, and geography. Based on the category the market is segmented into dairy-based and non-dairy-based yogurt. Based on type, the market is segmented into plain and flavored yogurt. Based on distribution channels, the market is segmented into hypermarkets/supermarkets, convenience stores, online retail channels, and other distribution channels. Based on geography, the market is segmented into Spain, the United Kingdom, Germany, France, Italy, Russia, and the Rest of Europe. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| Type | |
| Plain Yogurt | |
| Flavored Yogurt |
| Category | |
| Dairy | |
| Non- Dairy |
| Distribution Channel | |
| Hypermarket/Supermarket | |
| Convenience Stores | |
| Online Retail Stores | |
| Other Distribution Channels |
| Geography | |
| United Kingdom | |
| Germany | |
| Spain | |
| France | |
| Russia | |
| Italy | |
| Rest of Europe |
Europe Yogurt Market Size Summary
The Europe yogurt market is experiencing steady growth, driven by increasing health consciousness among consumers who are opting for yogurt due to its numerous health benefits, such as improved digestion and enhanced immune function. The market is characterized by a diverse range of flavors and innovative product offerings, spurred by significant investments from manufacturers. The trend towards veganism is also contributing to the market's expansion, with a growing demand for non-dairy yogurt products. Supermarkets and hypermarkets remain the preferred retail channels for yogurt sales, supported by wellness brands offering probiotic-rich options. Regulatory measures in countries like the United Kingdom are encouraging the production of healthier yogurt variants with reduced sugar content, further shaping the market landscape.
Germany and France lead the European yogurt market in terms of revenue, with Germany being the largest producer. The German market is witnessing robust growth, fueled by a shift towards yogurt-based drinks and plant-based alternatives, reflecting the country's increasing awareness of health and wellness. Greek yogurt is particularly popular among German consumers, who are adopting healthier eating habits. The competitive landscape is dominated by major players such as Danone, Nestle, and Arla Foods, who are continuously innovating to meet evolving consumer preferences. Recent developments include the launch of new yogurt brands and products with enhanced nutritional benefits, underscoring the market's dynamic nature and the ongoing demand for both traditional and innovative yogurt offerings.
Europe Yogurt Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Plain Yogurt
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2.1.2 Flavored Yogurt
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2.2 Category
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2.2.1 Dairy
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2.2.2 Non- Dairy
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2.3 Distribution Channel
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2.3.1 Hypermarket/Supermarket
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2.3.2 Convenience Stores
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2.3.3 Online Retail Stores
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2.3.4 Other Distribution Channels
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2.4 Geography
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2.4.1 United Kingdom
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2.4.2 Germany
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2.4.3 Spain
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2.4.4 France
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2.4.5 Russia
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2.4.6 Italy
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2.4.7 Rest of Europe
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Europe Yogurt Market Size FAQs
What is the current Europe Yogurt Market size?
The Europe Yogurt Market is projected to register a CAGR of 3.20% during the forecast period (2024-2029)
Who are the key players in Europe Yogurt Market?
General Mills Inc., Danone SA, Nestlé S.A., Arla Foods amba and Friesland Campina are the major companies operating in the Europe Yogurt Market.
