Market Size of United States Frozen Yogurt Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.69 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Frozen Yogurt Market Analysis
The United States Frozen Yogurt Market is projected to register a CAGR of 3.69% during the study period (2020-2025).
- Changes in lifestyle, increased expenditure on food and beverages, and increasing preference for sweet indulgence are the factors driving the market for frozen yogurt, as manufacturers are expanding their product portfolios with rich texture, exotic flavors, and premium assortments.
- Moreover, there is a rise in health-conscious consumers, which in turn, has boosted the demand for frozen yogurt, as it has various health benefits, like improved digestion, enhanced immune function, and reduced risk of several diseases, including obesity.
- The opportunity also leads to the increasing popularity of low-fat frozen yogurt. The introduction of innovative varieties of yogurt in a range of flavors and regional tastes is expected to lay out numerous options.
US Frozen Yogurt Industry Segmentation
The United States frozen yogurt market is segmented by product type into dairy-based frozen yogurt and non-dairy frozen yogurt. By distribution channel, the scope includes supermarkets/hypermarkets, convenience stores, specialty stores, and other distribution channels.
United States Frozen Yogurt Market Size Summary
The United States frozen yogurt market is experiencing growth driven by lifestyle changes, increased spending on food and beverages, and a rising preference for sweet indulgences. Manufacturers are expanding their product offerings to include rich textures, exotic flavors, and premium assortments, catering to the growing demand from health-conscious consumers. Frozen yogurt is gaining popularity due to its health benefits, such as improved digestion and enhanced immune function, which appeal to those seeking healthier dessert options. The market is also seeing a surge in demand for low-fat and innovative yogurt varieties, offering a wide range of flavors and regional tastes to attract a diverse consumer base.
The increasing lactose intolerant population in the United States is contributing to the rising demand for dairy-free frozen yogurt, as more consumers shift towards plant-based diets. This trend is supported by the growing availability and awareness of non-dairy alternatives like almond, coconut, and soy-based frozen yogurts. Additionally, there is a growing emphasis on sustainable and eco-friendly packaging solutions, with companies like Moyo Frozen Yogurt adopting compostable materials to reduce environmental impact. The market is consolidated, with major players such as Unilever, Dairy Farmers of America Inc., Danone, and Wells Enterprise Inc. holding significant shares and continuously innovating to attract consumers through diverse product offerings and advanced production technologies.
United States Frozen 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 By Category
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2.1.1 Dairy-based Frozen Yogurt
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2.1.2 Non-dairy Frozen Yogurt
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2.2 By Application
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2.2.1 Supermarket/Hypermarkets
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2.2.2 Convenience Stores
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2.2.3 Specialty Stores
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2.2.4 Other Distribution Channels
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United States Frozen Yogurt Market Size FAQs
What is the current United States Frozen Yogurt Market size?
The United States Frozen Yogurt Market is projected to register a CAGR of 3.69% during the forecast period (2024-2029)
Who are the key players in United States Frozen Yogurt Market?
Unilever , Danone SA, Dairy Farmers of America Inc. , Wells Enterprises Inc. and Lactalis are the major companies operating in the United States Frozen Yogurt Market.
