Published on : Nov 15, 2017
Albany, New York, November 15, 2017: A new report published to the vast repository of Market Research Hub (MRH), projects that the global organic yogurt market to ride on a striking CAGR of 13.1% during the forecast period, 2017 to 2022. Also, global sales of organic yogurt are estimated to bring in roughly US$ 15.5 Bn revenues by 2022-end. Manufacturers of organic yogurt have started focusing on using various techniques and methods to increase the shelf life of the product and minimizing the risk of contamination.
The research study is titled as “Organic Yogurt Market - Global Industry Analysis, Share, Size, Growth, Trends and Forecast 2017 - 2022” includes vital forecast projections of five years down the line which can give a realistic picture of the global organic yogurt market. For a clear understanding, important regions across the globe are covered along with the latest trends, developments, drivers, restraints and challenges impacting the growth of the market across various geographies. Regions covered in the study are Latin America, Japan, Europe, North America, APEJ and MEA.
Interest in organic dairy products is growing along with an increasing popularity of organic foods. One of them is organic yogurt, which is a good source of fats, proteins, vitamins, carbohydrates as well as numerous minerals. Presently, organic yogurt considered as a superfood owing to its huge health-related benefits, that is why became a preferable product among health-conscious consumers. It enhances digestion, reduces the chances of type 2 diabetes, helps improve bone density, assists in preventing osteoporosis, reduces the chances of colorectal cancer, assists in weight loss and bad fat loss, normalizes moods, improves the immune system. These various benefits of organic yogurt have tapped the population worldwide, triggering in higher consumption of organic yogurt.
Key Highlights of the study
As per the findings, the growing health awareness amongst consumers is driving the growth of this market. Analyst also finds that organic yogurt is starting to take over the field of yogurts in not only the health food stores but the larger grocery chains as well. It is for this reason that many of the larger brands of dairy products are starting to adopt the organic ways for their new line up of products.
The research has been further segmented on the basis of region, distribution channel, and product type. This analysis presents future projection for the period of five years has been covered which includes forecasts on every segment of the organic yogurt market, which are as follows-
- Europe is expected to be highly lucrative for organic yogurt market, due to presence of several yogurt manufacturers.
- Spoonable yogurt is highly preferred by consumers. The spoonable yogurt segment is expected to reflect a robust CAGR of 14.4% to reach a significant market value by 2022 end.
- In terms of product type, plain yogurt holds maximum share, whereas the growth of the flavored yogurt segment is expected to show a remarkable increase in the coming years.
Moving further, manufacturers involved in the organic yogurt are assessed. They are Aurora Organic Dairy, Wallaby Yogurt Company, Inc., BJ's Wholesale Club, Safeway Inc., Ben & Jerrys Homemade Holdings, Inc., Stonyfield Farm, Inc., Horizon Organic Holding Corp., Whole Foods Market Inc., Kroger Co. and Purity Foods, Inc. Their key financials, company overview, SWOT analysis, key developments, innovations, geographical spread and strategies are studies and have been skilfully constructed in this comprehensive research report.
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