Yogurt market growth at 10.0% CAGR by 2026: Research Study by harsh143 · November 30 Devin Singletary Youth Jersey , 2018
The global yogurt market is expected to increase at an above average CAGR over the forecast period. The global yogurt market was valued above US$ 89.6 Bn in 2016, and is projected to increase at a CAGR of 10.0%, reaching a market value of US$ 232.1 Bn by the end of forecast period 2016-2026. The global yogurt market is anticipated to represent incremental opportunity of US$ 142.5 Bn between 2016 and 2026. In terms of volume, the global yogurt market is estimated to reach 37,139.2 KT by 2016 end and is anticipated to increase to 91,790.7 KT by 2026 Cody Ford Youth Jersey , over the forecast period. Middle East & Africa (MEA) is the fastest growing region and is expected to exhibit promising growth in the global yogurt market, registering a volume CAGR of 10.5% over the forecast period. Driven by the consumption growth of yogurt due to health benefits, the MEA yogurt market is expected to witness a sustainable growth rate over the coming years. Turkey and Kenya are likely to provide substantial opportunities in the global yogurt market over the coming years.
Report For Sample with Table of Contents@ Continuous innovation and new product development is the key to success in the yogurt business. Yogurt is nowadays considered as a part of 鈥楧aily Diet鈥?and there is a surge in its demand due to health benefits. The aforementioned factors are expected to boost the demand of yogurt in near future.
Performance analysis of yogurt type segment
On the basis of type, yogurt market is segmented into fruit, regularplain, low fat & fat free and flavoured. Flavoured segment is projected to account for a major share of the global yogurt market. Owing to the availability of wide range of flavours and mouth-watering flavours Ed Oliver Youth Jersey , flavoured segment is expected to gain significant BPS in the global yogurt market between 2016 & 2026. In 2016, flavoured segment dominated the global market with 52.2% revenue share, followed by regularplain and low fat & fat free segments holding 21.2% and 15.2% shares respectively.
Flavoured segment will continue to expand at a CAGR of 10.1% over the given period to reach a market value of about US$ 122.7 Bn by the end of 2026. The demand for flavoured segment is expected to be driven, by regional markets such as Middle East & Africa, Asia Pacific Excluding Japan (APEJ) and Western Europe owing to rise in awareness among the customers regarding health issues. On the other hand regularplain segment is estimated to exhibit a steady growth rate through the forecast period and is anticipated to expand at a CAGR of 9.6% in terms of value over the forecast period. Fruit segment, expanding at a CAGR of 9.8% Zay Jones Youth Jersey , is expected to represent 11.0% share of the total incremental opportunity created between 2016 and 2026.
Request For Report Discount@ Market analysis of yogurt type segment
Fruit:聽Fruit segment is expected to reach a market value of more than US$ 25.9 Bn by 2026 end.
RegularPlain:聽RegularPlain segment was estimated to be valued at over US$ 19.0 Bn by 2016 end and is projected to expand at a CAGR of 9.6% over the foreseen period to reach a value of US$ 47.4 Bn by 2026 end.
Low Fat & Fat Free: Low Fat & Fat Free segment is expected to reach a market value of US$ 36.1 Bn by 2026 end
Flavoured:聽Flavoured segment is expected to hold major shares throughout the forecast period, accounting for more than 53% share of the total incremental opportunity created between years 2016 and 2026.
Competitive Landscape
Major players reported in the study of global yogurt market include, General Mills, Inc., Nestle SA, Danone Tre'Davious White Youth Jersey , Yakult Honsha Co., Ltd., Ultima Foods Inc., Chobani, LLC, Sodiaal Tremaine Edmunds Youth Jersey , Muller UK & Ireland Group LLP, Kraft Foods Group, Inc., Rainy Lanes Dairy Foods Ltd., Parmalat S.p.A., Juhayna Food Industries Josh Allen Youth Jersey , Clover S.A. (Pty) Ltd., Chi Limited, Brookside Dairy Limited, Sameer Agriculture & Livestock Limited, Lausanne Dairies (Pty) Ltd., Jesa Farm Dairy Ltd. When you have built your first house or commercial building Jim Kelly Youth Jersey , paint it inside. It is because many people get attracted by the color and how they are applied. Today, homeowners need to invest a lot of money in using interior painters as they know what to do. To make the rooms look different, hiring an interior painting company Laguna Niguel CA is something you must plan from the start.
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20.01.2020 04:41
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