The global low-fat yogurt market is anticipated to reach USD
28.2 billion by 2025, according to a new report by Grand View Research, Inc.
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.
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.
U.S. low-fat yogurt market revenue by origin, 2014 - 2025
(USD Billion)
Browse full research
report on Low-Fat Yogurt Market: http://www.grandviewresearch.com/industry-analysis/low-fat-yogurt-market
Further Key Findings From the Study 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.
Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-low-fat-yogurt-market
About Grand View Research,
Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including technology,
chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com
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