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North America Low Fat Yogurt Market

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North America Low Fat Yogurt market is anticipated to grow at a 10.08% CAGR from 2016 to 2021 and it is estimated that the North America market was valued at USD 5.16 billion in 2016 and is relied upon to achieve USD 8.34 billion by 2021.
North America Low Fat Yogurt Market to Reach $8.34 Billion by 2021
North America Low Fat Yogurt market is anticipated to grow at a 10.08% CAGR from
2016 to 2021 and it is estimated that the North America market was valued at USD 5.16
billion in 2016 and is relied upon to achieve USD 8.34 billion by 2021.Low-fat yogurt is one
of the most frequently consumed yogurt product that is low in calories as well as contains
numerous beneficial nutrients as well as probiotics that help in improving the overall health
of the individual. Low-fat yogurt contains around twelve grams of protein in an eight-ounce
product which provides important amino acids necessary for sustaining muscle tissue.
Low-fat yogurt is frequently consumed by individuals who are suffering from diseases like
high blood pressure, diabetes or any heart-related problems and people who want to lose
weight. It contains 14 milligrams of cholesterol which is also considered an important part of
the low-fat diet. Low-fat yogurt is cheaper as compared to conventional yogurt. Probiotics
are the live bacteria that are beneficial for the body and are mostly found in low-fat yogurt.
Low-fat yogurt is a rich source of protein as compared to conventional yogurt. Low-fat
yogurt based food products do not have problems related to blood sugar level as compared
to their conventional counter parts.
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An increase in the consumer demand for low-fat yogurt and similar products owing to the
presence of fewer calories is a key driving factor of the low-fat yogurt market. Rising
opportunities in food and beverage industry is also another factor aiding the market growth.
Due to a rise in the number of Low-Fat Yogurt-based food products that provide low-calorie
content is consequently leading to an increase in the production of Low-Fat Yogurt. An
increase in the growth of low-fat yogurt availability in retail stores, online stores, and
supermarkets/hypermarkets are some of the other driving factors of the market.
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Market Segmentation
Origin
Introduction
Non-Organic
Organic
Y-o-Y Growth Analysis, By Origin
Market Attractiveness Analysis, By Origin
Market Share Analysis, By Origin
Type
Introduction
Flavored
Fruit
Plain
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
The North America market for Low Fat Yogurt is segmented into Origin and Type. On the
basis of Origin, it is segmented into Non-Organic and Organic. Non-organic low-fat yogurt is
made of artificial flavors, fruits, sweeteners, thickeners, additives, inactive cultures, and
stabilizers. Yogurt that is prepared from milk, but which does not adhere to the standards of
dairy farming practices set by the various governments globally is also classified as nonorganic. These products have a longer shelf life and are relatively cheaper as compared to
organic items. On the basis of type, it is segmented into Flavored, Fruit, and Plain. Flavored
segment held the largest share in this market segment. Chocolate, vanilla, coffee, and mint
are some of the common flavors added for refining the aroma, taste, and texture of the end
product. Numerous health benefits accompanying the consumption of organic flavored
items are expected to further aid the market growth.
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On the basis of geography, the market is analyzed under various regions namely U.S. and
Canada. North America held the largest share of the market in terms of revenue. The
demand for the product is mainly driven by the North America players present in Western
European countries. Favorable government regulations and removal of milk quota in the
European region are expected to boost the regional demand in the coming years. The North
American market is mainly driven by the rising consumption of low-fat dairy items in the
U.S. A large number of regional players is present in the U.S. These players are trying to
introduce new flavors to increase their market share.
Some of the major companies dominating the market are General Mills Inc., Danone Inc.,
Nestle S.A., Rainy Lanes Dairy Foods Ltd., Springfield Creamery, Jalna Dairy Foods,
Gopala, Wallaby Yogurt Company, Byrne Dairy and Tillamook Dairy Co-Op.
Scope of the Report:
•
Regional and country-level analysis and forecasts of the study market; providing
Insights on the major countries/regions in which this industry is blooming and to also
identify the regions that are still untapped
•
Segment-level analysis in terms of by Origin and Type along with market size
forecasts and estimations to detect key areas of industry growth in detail
•
Identification of key drivers, restraints, opportunities and challenges (DROC) in the
market and their impact on shifting market dynamics
•
Study of the effect of exogenous and endogenous factors that affect the North
America Market; which includes broadly demographic, economic and political,
among other macro-environmental factors presented in an extensive PESTLE
Analysis
•
Study the micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analyzing the level of competition
and business strategy development
•
A comprehensive list of key market players along with their product portfolio,
current strategic interests, key financial information, legal issues, SWOT analysis
and analyst overview to study and sustain the market environment
•
Competitive landscape analysis listing out the mergers, acquisitions,
collaborations in the field along with new product launches, comparative financial
studies and recent developments in the market by the major companies
•
An executive summary, abridging the entire report in such a way that decisionmaking personnel can rapidly become acquainted with background information,
concise analysis and main conclusions
•
Expertly devised analyst overview along with Investment opportunities to provide
both individuals and organizations a strong financial foothold in the market
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and corporate clients. Our analyst team comprises expert professionals in market research, who with
their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
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Bhargav
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