The global low-fat yogurt market is anticipated to
reach USD 28.2 billion by 2025. Various health benefits associated with the
consumption of low-fat dairy products and the rise in production of organic
flavored products are expected to boost the industry growth.
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Players operating in the industry are investing in
research and development activities to innovate new products and gain a
competitive edge over their competitors. These players are adopting process
automation to increase the production rate and reduce overall production cost
of the product.
The global demand for organic dairy products is
growing significantly as these products are prepared from natural sources.
Additives, stabilizers, sweeteners, and flavors added during the production
process are also obtained from natural sources. Probiotic bacteria are the most
common beneficial cultures used for making yogurt.
These bacteria help in balancing the friendly
bacteria found in the human digestive tract, which improve immune system of the
body. Streptococcus thermophilus is a commonly used lactic acid probiotic
bacterium for producing yogurt, which helps in regulating the functioning of
digestive tract and the immune system response. Furthermore, maintaining proper
gut health helps improve the overall immunity.
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Further
key findings from the report suggest :
- The global low-fat yogurt market was valued at USD 11.65 billion in 2016. The market is anticipated to reach USD 28.19 billion by 2025, while ascending at a CAGR of 10.4% from 2017 to 2025.
- Organic low-fat yogurt segment dominated the overall industry in 2016, owing to various advantages of its consumption
- Flavored yogurt was the largest segment type in 2016. The segment is also projected to be the fastest, ascending at a CAGR of 10.7% over the forecasted period.
- Chocolate, vanilla, coffee, and mint are some of the common flavors added to the product for improving the odor, taste, and texture of the end product
- Asia Pacific region is expected to be the fastest growing region and hold over 21% of the overall market by 2025. The region is projected to grow at a CAGR of 11.4% over the forecast period.
- The industry is highly competitive in nature with the presence of several players
- Some of the key market players are General Mills, Inc.; Danone, Inc.; Nestle S.A.; Rainy Lanes Dairy Foods Ltd.; Springfield Creamery (Nancy's); Jalna Dairy Foods; Gopala; Wallaby Yogurt Company; Byrne Dairy; and Tillamook Dairy Co-Op.
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Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
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