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PUBLISHER: IMARC | PRODUCT CODE: 1308176

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PUBLISHER: IMARC | PRODUCT CODE: 1308176

Low-Fat Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Market Overview:

The global low-fat yogurt market size reached US$ 20.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.28% during 2023-2028.

Low-fat yogurt is prepared by fermenting low-fat or skim milk. It is low in calories and rich in calcium, potassium, and probiotics, which aids in maintaining bone and tooth health and the proper functioning of muscles and nerves. It also helps regulate the balance of electrolytes in the body, improve digestion and respiratory function, and offer resistance to diseases. At present, there is a rise in the popularity of low-calorie food products, which is catalyzing the demand for low-fat yogurt across the globe.

Low-Fat Yogurt Market Trends:

There is presently a considerable increase in the consumption of functional fermented dairy food products with improved nutritional qualities worldwide. This, coupled with the rising health consciousness among individuals, represents one of the key factors propelling the growth of the market. Moreover, excessive intake of dietary fat can cause disorders, such as obesity and cardiovascular diseases (CVDs). In line with this, low-fat yogurts are considered ideal dietary products for lactose intolerant people, particularly young children and the elderly population. Besides this, different methods are being used to improve the characteristics of low-fat yogurt, such as the inclusion of whey protein, utilization of suitable starter strains, enhanced total solids content, and thickeners. In addition, current dietary guidelines in numerous countries recommend low fat and sugar dairy products on account of obesity-related concerns. Key market players are financing research and development (R&D) activities to introduce unique flavors. They are also investing in promotional campaigns to generate brand awareness and increase their yearly revenue. Apart from this, low-fat yogurt can be used as a substitute for mayonnaise, cream, and sour cream in desserts and other dishes. This, in confluence with the burgeoning food and beverage (F&B) industry, is strengthening the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global low-fat yogurt market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, nature and distribution channel.

Breakup by Type:

Flavored

Cherry

Strawberry

Mango

Others

Unflavored

Breakup by Nature:

Organic

Conventional

Breakup by Distribution Channel:

Supermarkets and Hypermarkets

Convenience Stores

Specialty Stores

Online Stores

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Chobani LLC, CP-Meiji Company Ltd., Danone S.A., Fage International S.A., General Mills Inc., Juhayna Food Industries, Lausanne Dairies, Muller UK & Ireland Group, Nestle S.A., Parmalat S.p.A. (Lactalis American Group Inc) and Tillamook.

Key Questions Answered in This Report

  • 1. What was the size of the global low-fat yogurt market in 2022?
  • 2. What is the expected growth rate of the global low-fat yogurt market during 2023-2028?
  • 3. What are the key factors driving the global low-fat yogurt market?
  • 4. What has been the impact of COVID-19 on the global low-fat yogurt market?
  • 5. What is the breakup of the global low-fat yogurt market based on the type?
  • 6. What is the breakup of the global low-fat yogurt market based on the distribution channel?
  • 7. What are the key regions in the global low-fat yogurt market?
  • 8. Who are the key players/companies in the global low-fat yogurt market?
Product Code: SR112023A5555

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Low-Fat Yogurt Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Flavored
    • 6.1.1 Market Trends
    • 6.1.2 Key Segments
      • 6.1.2.1 Cherry
      • 6.1.2.2 Strawberry
      • 6.1.2.3 Mango
      • 6.1.2.4 Others
    • 6.1.3 Market Forecast
  • 6.2 Unflavored
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Nature

  • 7.1 Organic
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Conventional
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Distribution Channel

  • 8.1 Supermarkets and Hypermarkets
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Convenience Stores
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Specialty Stores
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Online Stores
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Chobani LLC
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 CP-Meiji Company Ltd.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 Danone S.A.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 Fage International S.A.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 General Mills Inc.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Juhayna Food Industries
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Lausanne Dairies
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Muller UK & Ireland Group
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Nestle S.A.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 Parmalat S.p.A. (Lactalis American Group Inc)
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 Tillamook
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
Product Code: SR112023A5555

List of Figures

  • Figure 1: Global: Low-Fat Yogurt Market: Major Drivers and Challenges
  • Figure 2: Global: Low-Fat Yogurt Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Low-Fat Yogurt Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Low-Fat Yogurt Market: Breakup by Type (in %), 2022
  • Figure 5: Global: Low-Fat Yogurt Market: Breakup by Nature (in %), 2022
  • Figure 6: Global: Low-Fat Yogurt Market: Breakup by Distribution Channel (in %), 2022
  • Figure 7: Global: Low-Fat Yogurt Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Low-Fat Yogurt (Flavored) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 9: Global: Low-Fat Yogurt (Flavored) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 10: Global: Low-Fat Yogurt (Unflavored) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Low-Fat Yogurt (Unflavored) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Low-Fat Yogurt (Organic) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Low-Fat Yogurt (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Low-Fat Yogurt (Conventional) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Low-Fat Yogurt (Conventional) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Low-Fat Yogurt (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Low-Fat Yogurt (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Low-Fat Yogurt (Convenience Stores) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Low-Fat Yogurt (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Low-Fat Yogurt (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Low-Fat Yogurt (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Low-Fat Yogurt (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Low-Fat Yogurt (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Low-Fat Yogurt (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Low-Fat Yogurt (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: North America: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: North America: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: United States: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: United States: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Canada: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Canada: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Asia-Pacific: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Asia-Pacific: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: China: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: China: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: Japan: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: Japan: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: India: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: India: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: South Korea: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: South Korea: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: Australia: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: Australia: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: Indonesia: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: Indonesia: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: Others: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: Others: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: Europe: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: Europe: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Germany: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Germany: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: France: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: France: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: United Kingdom: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: United Kingdom: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: Italy: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: Italy: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: Spain: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: Spain: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: Russia: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: Russia: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Others: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Others: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Latin America: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Latin America: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: Brazil: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: Brazil: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: Mexico: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: Mexico: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Others: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Others: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Middle East and Africa: Low-Fat Yogurt Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Middle East and Africa: Low-Fat Yogurt Market: Breakup by Country (in %), 2022
  • Figure 74: Middle East and Africa: Low-Fat Yogurt Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Global: Low-Fat Yogurt Industry: SWOT Analysis
  • Figure 76: Global: Low-Fat Yogurt Industry: Value Chain Analysis
  • Figure 77: Global: Low-Fat Yogurt Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Low-Fat Yogurt Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Low-Fat Yogurt Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 3: Global: Low-Fat Yogurt Market Forecast: Breakup by Nature (in Million US$), 2023-2028
  • Table 4: Global: Low-Fat Yogurt Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
  • Table 5: Global: Low-Fat Yogurt Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: Global: Low-Fat Yogurt Market: Competitive Structure
  • Table 7: Global: Low-Fat Yogurt Market: Key Players
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