Global Yogurt Market Growth 2019-2024

Yogurt is a dairy product which produced by milk via fermentation process. Cow's milk is most commonly used to make yogurt even the world as a whole. At the same time some yogurt is made by the milk from water buffalo, goats, ewes, mares, camels, yaks or cow's milk. The bacteria used to make yogurt are known as "yogurt cultures". Fermentation of lactose by these bacteria produces lactic acid, which acts on milk protein to give yogurt its texture and characteristic tang. Yogurt not only keeps the nutriments which contained in the milk, but produce some new nutriments like VB1, VB2, VB6, VB12 and others.
First, the yogurt industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products are mainly from America and EU.
In the world wide, giant manufactures mainly distribute in American and Europe. Europe has a long history and unshakable status in this industry, especially in Western Europe where people yogurt consumption is higher than other regions in the world. As to France, Danone has become the global leader. In Germany, it is Müller Group that leads the technology development. In China, the manufacturers focus in Neimenggu, Shanghai and Zhejiang province.
Second, many company have several plants, usually close to aimed consumption market. There are international companies set up factories in USA too, like Danone and Müller Group. Some company usually take a joint venture enter into aim market, like Danone who take their advantage merge with Mengniu, whom key market is in China.

According to this study, over the next five years the Yogurt market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 81800 million by 2024, from US$ 64600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Yogurt business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Yogurt market by product type, application, key manufacturers and key regions and countries.

This study considers the Yogurt value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Regular Yogurt
Fat-free Yogurt
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Children Yogurt
Adult Yogurt
Old People Yogurt

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Danone
Unternehmensgruppe Theo Müller
Mengniu Dairy
Yili
General Mills
Lactalis
Meiji
Chobani
Bright Dairy & Food
Nestlé
Fage International
Grupo Lala
Schreiber Foods
Junlebao Dairy
SanCor
Arla Foods
Yeo Valley

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Yogurt consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Yogurt market by identifying its various subsegments.
Focuses on the key global Yogurt manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Yogurt with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Yogurt submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.