Frozen Yogurt Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Frozen Yogurt Market covers analysis By Type (Dairy-Based and Non-Dairy Based), Category (Full-Fat, Fat-Free, and Low-Fat), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

  • Report Code : TIPRE00005095
  • Category : Food and Beverages
  • No. of Pages : 150
Buy Now

Frozen Yogurt Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Buy Now

Analyst Perspective 

The global frozen yogurt market is expected to register a CAGR of 5.7%. The increasing awareness of the importance of a healthy diet is driving the frozen yogurt market. Intensified competition, consumer preference, and evolving market trends are significant challenges that may hamper the frozen yogurt market's growth. Innovation and product differentiation, emphasis on health and wellness, and enhanced consumer experience are growth-driven opportunities for the frozen yogurt market.

Market Overview

Frozen yogurt is a dairy frozen treat, rich in calcium, potassium, and protein, produced through the fermentation of milk with bacteria like lactobacillus bulgaricus and streptococcus thermophilus. A growing demand for natural label claims drives the market. With changing consumer habits, there's a preference for healthy, tasty, organic, and low-calorie dairy products. Yogurt with non-fat or low-fat flavors is gaining traction due to the rising demand for low-calorie options. Flavored frozen yogurt is attracting consumers for its probiotics, promoting digestion, appearance, and taste. Beyond cups and cones, frozen yogurt expands into bars, popsicles, and blended smoothie formats, catering to different tastes and consumption occasions. Increased spending power in developing economies contributes to the growing popularity of premium and innovative frozen options.

 

Market Drivers

  • Health and wellness

Consumers are increasingly seeking healthier alternatives to traditional desserts. frozen yogurt, particularly low-fat and fat-free options, can be perceived as healthier than ice cream due to its association with live cultures and protein content. The growing demand for lactose-free and vegan products is driving the expansion of non-dairy frozen yogurt alternatives made with almond, oat, or soy milk, catering to individuals with dietary restrictions. Adding superfoods, probiotics, and other functional ingredients to frozen yogurt enhances its perceived health benefits, attracting health-conscious consumers looking for nutritional value.

  • Convenience and customization

Lifestyles are fueling the demand for convenient and portable frozen treats. frozen yogurt shops and self-serve stations offer quick and customizable options perfect for on-the-go consumption. The ability to personalize frozen yogurt with toppings, mix-ins, and sauces satisfies individual preferences and dietary needs, creating a more interactive and engaging experience for consumers.

 

Market Segmentation

The global frozen yogurt market is segmented based on type, category, and distribution channel. The global frozen yogurt market is segmented based on type into dairy based and non-dairy based. The frozen yogurt market is segmented based on category into full-fat, fat-free, and low-fat. Based on distribution channels, it is supermarkets and hypermarkets, specialty stores, online retail, and others.

Regional Analysis

The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives information on an overview and forecast of the global frozen yogurt market based on several segments. It also provides market size and forecast estimates from 2020 to 2030 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The frozen yogurt market by region is also sub-segmented by respective countries and segments. The frozen yogurt market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.

The report analyses factors affecting the frozen yogurt market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting the frozen yogurt market in these regions.

Key Players

The reports cover vital organic and inorganic growth strategy developments in the frozen yogurt market. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities observed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the development of the business and customer base of market players. The market players in the frozen yogurt market are anticipated to have lucrative growth opportunities with the increasing demand for healthy products globally.

The report includes key companies' profiles, SWOT analysis, and frozen yogurt market strategies. The report also focuses on leading market players with information including components and services offered, company profiles, financial information for the last three years, and critical development in the past five years.

Below is a list of companies engaged in the frozen yogurt market.

 

  • Danone
  • Frosty Boy
  • General Mills
  • Honey Hill Farms
  • Kemps
  • Chr Hansen Holdings
  • Red Mango
  • Scott Brothers Diary
  • Daflorn Probiotics
  • Yakul Honsha
REGIONAL FRAMEWORK

Frozen Yogurt Market Report Analysis

Frozen Yogurt Market

  • CAGR (2023 - 2031)
    5.7%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Danone
  • Frosty Boy
  • General Mills Inc.
  • Honey Hill Farms
  • Kemps LLC
  • Nestle SA
  • Red Mango, LLC
  • Scott Brothers Dairy
  • Unilever
  • Wells Enterprises

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Type
  • Dairy-Based and Non-Dairy Based
By Category
  • Full-Fat
  • Fat-Free
  • Low-Fat
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

Frozen Yogurt Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) 5.7%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Dairy-Based and Non-Dairy Based
By Category
  • Full-Fat
  • Fat-Free
  • Low-Fat
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Danone
  • Frosty Boy
  • General Mills Inc.
  • Honey Hill Farms
  • Kemps LLC
  • Nestle SA
  • Red Mango, LLC
  • Scott Brothers Dairy
  • Unilever
  • Wells Enterprises
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    1. Danone
    2. Frosty Boy
    3. General Mills Inc.
    4. Honey Hill Farms
    5. Kemps LLC
    6. Nestle SA
    7. Red Mango, LLC
    8. Scott Brothers Dairy
    9. Unilever
    10. Wells Enterprises

    Trends and growth analysis reports related to Food and Beverages : READ MORE..