Frozen yogurt finds versatile applications as a delectable dessert and snack. Its creamy texture and diverse flavors make it a popular treat, enjoyed standalone or as a base for toppings. The probiotics present offer potential digestive benefits. As a lower-calorie option compared to ice cream, it suits health-conscious individuals. Frozen yogurt's adaptability extends to various culinary creations, blending well in smoothie or parfaits. Its enticing taste, potential health advantages, and culinary flexibility contribute to its widespread appeal and consumer preferences.
According to Data Bridge Market Research, the Global Frozen Yogurt Market accounted for USD 7.93 billion in 2021 and is expected to reach USD 10.75 billion by 2029. The market is expected to grow with a CAGR of 5.8% in the forecast period of 2022 to 2029.
“Growing preference for low-fat desserts boosts the market’s growth”
The growing preference for low-fat desserts significantly propels the expansion of the frozen yogurt market. As health-conscious consumers seek indulgent treats with reduced fat content, frozen yogurt gains traction. Its creamy texture and variety of flavors make it an appealing alternative to traditional high-fat desserts. This aligns with changing dietary habits and the pursuit of healthier options, driving innovation in frozen yogurt offerings and stimulating market growth within the dessert and snack segment.
What restraints the growth of the global frozen yogurt market?
“High sugar content restraints the market’s growth”
The frozen yogurt market's growth is constrained by mounting concerns over high sugar content. As consumers increasingly prioritize health-conscious choices, the high sugar levels in some frozen yogurt varieties deter potential buyers. The focus on reducing sugar intake and promoting healthier alternatives challenges the market's expansion. Frozen yogurt manufacturers must adapt by offering low-sugar options and highlighting nutritional benefits to address consumer apprehensions and ensure sustained market growth.
Segmentation: Global Frozen Yogurt Market
The global frozen yogurt market is segmented on the basis of category, flavour, product type, and distribution channel.
- On the basis of category, the frozen yogurt market is segmented into conventional, lactose free.
- On the basis of flavour, the frozen yogurt market is segmented into mango, chocolate, strawberry, banana, others.
- On the basis of product type, the frozen yogurt market is segmented into full-fat, fat-free, low-fat.
- On the basis of distribution channel, the frozen yogurt market is segmented into store-based, non-store based.
Regional Insights: North America is leading the growth of Global Frozen Yogurt Market
North America dominates the frozen yoghurt market and will continue to do so during the forecast period due to changing consumer preferences favoring non-dairy frozen yogurt over dairy-based options. Additionally, propelled by product innovations, substantial disposable income, and a wide array of frozen yogurt flavors, the market is poised for accelerated growth in this area.
Recent developments
- In 2021, Yasso launched a fresh range of Greek yogurt bites called "Yasso Poppables," available in coffee, sea salt caramel, vanilla bean, and mint flavors. These frozen Greek yogurt bites are coated with dark chocolate and adorned with quinoa crunch toppings. These delectable treats are currently accessible at select retail outlets, including supermarkets.
- In 2021, Yogurtland is set to introduce its inaugural oat milk-based vegan frozen yogurt flavor, "Plant-Based Cinnamon Oatmeal Cookie, across select locations. This release follows the successful launch of "Plant-Based Salted Chocolate Soufflé" in January 2020, and the subsequent relaunch of the coconut milk-based flavor, catering to consumer preferences and demand for innovative frozen yogurt options.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-frozen-yogurt-market
The Prominent Key Players Operating in the Global Frozen Yogurt Market Include:
- Chr. Hansen Holding A/S (Denmark)
- Yakult Honsha Co., Ltd (Japan)
- Nestlé (Switzerland)
- DuPont (U.S.)
- MORINAGA & CO., LTD (Japan)
- BioGaia AB (Sweden)
- Protexin (U.K.)
- Daflorn Probiotics UK (U.K.)
- DANONE (France)
- Yakult U.S.A. Inc. (U.S.)
- Deerland Enzymes, Inc. (U.S.)
- UAS Laboratories (U.S.)
- Goerlich Pharma GmbH (Germany)
- SANZYME BIOLOGICS PVT. LTD. (India)
- DSM (Netherlands)
- NutraScience Labs (U.S.)
- Kerry Group plc (Ireland)
- Lallemand Inc. (Canada)
- Lonza (Switzerland)
- Winclove Probiotics (Netherlands)
- Probi (Sweden)
Above are the key players covered in the report, to know about more and exhaustive list of global frozen yogurt market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Frozen Yogurt Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
