Greek Yogurt Market Size, Growth Strategies, Trends, Anakysis and Forecast 2024-2032

According to IMARC Group latest report titled “Greek Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on greek yogurt market forecast. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global greek yogurt market size reached US$ 9.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.4 Billion by 2032, exhibiting a growth rate (CAGR) of 6.63% during 2024-2032.

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Greek Yogurt Market Overview:

Greek yogurt is a type of yogurt that undergoes a straining process to remove whey, resulting in a thicker, creamier texture compared to regular yogurt. This yogurt variant is characterized by its high protein content, lower carbohydrate content, and tangy flavor profile. The working mechanism of Greek yogurt production involves fermenting milk with live bacterial cultures, followed by straining the yogurt to remove excess liquid, leaving behind a concentrated yogurt product. Greek yogurt possesses properties such as versatility, as it can be consumed on its own or used as an ingredient in various culinary applications such as dips, dressings, and desserts. The advantages of Greek yogurt include its nutritional profile, with higher protein content promoting satiety and muscle recovery, as well as its probiotic benefits for digestive health.

Greek Yogurt Market Trends:

The global market is experiencing substantial growth majorly driven by the increasing consumer focus on health and wellness. Coupled with this, the recognition of Greek yogurt as a nutritious and protein-rich food option, is driving market expansion. In addition to this, the growing demand for convenient and portable snack options among busy urban consumers is fueling the popularity of single-serve Greek yogurt cups and pouches. Moreover, the rising trend of plant-based and dairy-free diets is driving the demand for alternative options such as almond-based or coconut-based Greek yogurt, expanding the market reach.

Furthermore, the endorsement of Greek yogurt by health and fitness influencers, as well as its inclusion in weight management and fitness programs, is boosting consumer awareness and driving consumption. Additionally, the expansion of distribution channels, including supermarkets, specialty stores, and online retailers, is improving accessibility and driving sales growth. Besides this, product innovation and flavor diversification, such as the introduction of savory and exotic fruit-flavored Greek yogurt variants, are attracting new consumer segments and driving market expansion. Moreover, the adoption of sustainable and eco-friendly packaging solutions by Greek yogurt manufacturers is resonating with environmentally-conscious consumers and contributing to market growth.

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Competitive Landscape:

The report also examines the competitive landscape within the market and offers comprehensive profiles of major key players. Some key players include:

• Chobani LLC,

• Stonyfield Farm, Inc,

• Fage International S.A.,

• General Mills, Inc.,

• Dannon,

• Alpina Foods,

• Auburn Dairy,

• Delta Food (Vivartia),

• EasiYo,

• Ehrmann,

• Emmi Group,

• Glenisk,

• Kalypso Farms Dairy,

• Kri Kri,

• Mevgal,

Greek Yogurt Market Segmentation:

Our report has categorized the market based on product type, flavor and distribution channel.

 Breakup by Product Type:

• Regular Greek Yogurt

• Non-Fat Greek Yogurt

Breakup by Flavor:

• Flavored

• Unflavored

Breakup by Distribution Channel:

• Hypermarkets and Supermarkets

• Specialty Stores

• Convenience Stores

• Independent Retailers

• Online

• Others 

Breakup by Region:

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• Latin America

Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

About US:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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