Rising awareness about consuming healthy food products is a factor likely to propel growth in the global yogurt market.
Fortune Business Insights recently announced a report, called “Yogurt Market Size", Share and Global Trend by Content Type (Fat-Free, Low Fat, Regular), Product Type (Greek Yogurt, Set Yogurt, Frozen Yogurt, Yogurt Drinks), Distribution Channel (Hypermarket and Supermarkets, Specialty Stores, Independent Retailers) and Geography Forecast till 2026.” Yogurt is known to offer many health benefits such as weight loss, low risk of diabetes, low risk of cholesterol cancer, and others.
The report classifies the global yogurt market in various segments.On the basis of region, the yogurt market in Asia Pacific is foreseen to witness impressive growth during the forecast period 2019-2026.
Nations such as India, China, and Japan are expected to generate high demand for yogurt owing to high demand for probiotics in these nations.
North America held a considerable share in the market in 2018.The regional market is anticipated to expand at a promising CAGR over the forecast period.
Moreover, launch of new products in the U.S. and Canada such as flavored yogurt and yogurt drink is expected to fuel the demand for yogurt.The Ministry of Agriculture and Agri-Food Canada states, in Canada between 1993 and 2012 the per capita yogurt consumption was increased remarkably.