Spoonable Yogurt Market Size (2024 - 2029)

The spoonable yogurt market is experiencing growth driven by the increasing demand for convenient and nutritious food options. This market expansion is supported by the health benefits associated with fermented milk products, such as improved gut flora and the provision of essential nutrients like protein and calcium. The rising awareness of lifestyle-related health issues is further propelling the preference for healthier food choices, including low-fat yogurt, which is gaining popularity due to regulatory changes aimed at reducing fat content. These factors collectively contribute to the growth trajectory of the spoonable yogurt market.

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Market Size of Spoonable Yogurt Industry

spoonableyogurtmarket
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.20 %
Fastest Growing Market Europe
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Spoonable Yogurt Market Major Players

*Disclaimer: Major Players sorted in no particular order

Spoonable Yogurt Market Analysis

The Global Spoonable Yogurt Market is projected to register a CAGR of 5.2% during the forecast period, 2022-2027.

Since consuming fermented milk products offers numerous medical benefits, yogurt has been a staple of the human diet for many centuries. It is widely preferred by people all over the world because it contains important nutrients including protein, calcium, vitamins, and living culture, or probiotics, which help to improve the gut flora. Additionally, convenience foods with added nutrients are becoming more and more popular. Amongst them, spoonable yogurt is the most accepted since it is simple to scoop and consume as well as its smooth, glossy texture appeals to a wide range of new generations. Also, it is projected that the rising prevalence of lifestyle diseases including cardiovascular disease, obesity, and diabetes will fuel the demand for such healthy food items and boost the growth of the spoonable yogurt market.

Additionally, consumption of low-fat yogurt is rising globally due to the growing health risk among individuals. As a result, governments around the world are establishing rules on reduced fat content in all yogurt products. As an illustration, in July 2021 the United States Food and Drug Administration (FDA) regulated the standards of identification for zero fat and low-fat yogurt and make various changes to the standard of identity for yogurt. According to the regulations, low-fat yogurt must have between 0.5 and 2 % fat and at least 8.25 % milk solids.

Spoonable Yogurt Industry Segmentation

The bacterial fermentation of milk results in the creation of spoonable yogurt, thus, it is a processed dairy product. spoonable yogurt can be referred to as yogurt that can be scooped up and eaten straight away and is offered in semi-solid form. The global spoonable yogurt market (henceforth referred to as the market studied) is segmented by Source, category, flavor, distribution channel, and geography. By source, the market is segmented into dairy-based and non-dairy-based yogurt. By category, the market is segmented into organic and conventional. Based on distribution channels the market is segmented into hypermarkets/supermarkets, convenience stores, online retail stores, and other distribution channels. It provides an analysis of emerging and established economies across the world, comprising North America, Europe, South America, Asia-Pacific, the Middle East, and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).

By Source
Dairy
Non-Dairy
By Category
Organic
Conventional
By Distribution
Hypermarkets/Supermarkets
Convenience Store
Online Retail Channels
Other Distribution Channel
By Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Italy
Spain
Rest of the Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of south America
Middle East and Africa
South Africa
Saudi Arabia
Rest of Middle East and Africa
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Spoonable Yogurt Market Size Summary

The spoonable yogurt market is experiencing significant growth, driven by the increasing consumer preference for convenient and nutritious food options. This market is characterized by the popularity of yogurt as a staple food, offering essential nutrients like protein, calcium, and probiotics, which are beneficial for gut health. The rising awareness of lifestyle diseases such as cardiovascular issues, obesity, and diabetes is further propelling the demand for healthy food alternatives, including spoonable yogurt. The market is also witnessing a shift towards low-fat and plant-based yogurt products, influenced by health-conscious consumers and regulatory standards aimed at reducing fat content in dairy products. The introduction of innovative flavors and the growing trend of veganism are contributing to the expansion of the market, particularly in regions like Asia-Pacific, where lactose intolerance is prevalent.

The competitive landscape of the global spoonable yogurt market is marked by the presence of numerous national and international players, including Danone SA, Chobani LLC, General Mills Inc., Nestlé SA, and Arla Foods amba. These companies are leveraging strategies such as mergers, acquisitions, and product innovation to enhance their market presence and product offerings. The market is seeing a surge in the introduction of flavored and plant-based yogurts, catering to diverse consumer preferences. The trend towards exotic and tropical flavors, along with the launch of dairy-free options, is attracting a broad consumer base, including children and young adults. As a result, the spoonable yogurt market is poised for substantial growth, supported by evolving consumer tastes and dietary trends.

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Spoonable Yogurt Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porters Five Force Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Source

      1. 2.1.1 Dairy

      2. 2.1.2 Non-Dairy

    2. 2.2 By Category

      1. 2.2.1 Organic

      2. 2.2.2 Conventional

    3. 2.3 By Distribution

      1. 2.3.1 Hypermarkets/Supermarkets

      2. 2.3.2 Convenience Store

      3. 2.3.3 Online Retail Channels

      4. 2.3.4 Other Distribution Channel

    4. 2.4 By Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

        4. 2.4.1.4 Rest of North America

      2. 2.4.2 Europe

        1. 2.4.2.1 United Kingdom

        2. 2.4.2.2 Germany

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of the Europe

      3. 2.4.3 Asia Pacific

        1. 2.4.3.1 India

        2. 2.4.3.2 China

        3. 2.4.3.3 Japan

        4. 2.4.3.4 Australia

        5. 2.4.3.5 Rest of Asia Pacific

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of south America

      5. 2.4.5 Middle East and Africa

        1. 2.4.5.1 South Africa

        2. 2.4.5.2 Saudi Arabia

        3. 2.4.5.3 Rest of Middle East and Africa

Spoonable Yogurt Market Size FAQs

The Spoonable Yogurt Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)

Nestle SA , Chobani LLC, General Mills, Inc., Danone S.A. and Arla Foods amba are the major companies operating in the Spoonable Yogurt Market.

Spoonable Yogurt Report Snapshots

Spoonable Yogurt Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)