Industry Background:
Yogurt is essentially a food product which is obtained after cultured fermentation of milk which can be either sourced from animal sources or plant based milk sources. Low sugar yogurt as the name suggests has reduced sugar or sucrose content compared to regular yogurt. The market of low sugar yogurt can be divided into 30% reduced sugar, 50% reduced sugar or sugar free products. They are even available in market in either in different flavorings or in plain flavor. Growing health consciousness has led people to demand for reduced sugar content food. Vegan based organic sugar free yogurt is expected to emerge as a major segment over the coming few years. Geographically, North America is the biggest market of the Low-sugar Yogurt.This growth is primarily driven by Growing Consciousness about Health
.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | -2027 |
Volume Unit | N |
Value Unit | Value (USD Million) |
Key Companies in Study | General Mills, Inc. (United States), Danone S.A. (France), Chobani (United States), Good Karma Foods Inc. (United States), Fage International S.A. (Luxembourg), Arla Foods (Denmark), Siggi's Dairy (United States), Nestle SA (Switzerland), Lactalis Group (France) and Forager Project (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Vegan Based Low Sugar Yogurt Market is rising in Popularity. Major Vendors, such as General Mills, Inc. (United States), Danone S.A. (France), Chobani (United States), Good Karma Foods Inc. (United States), Fage International S.A. (Luxembourg), Arla Foods (Denmark), Siggi's Dairy (United States), Nestle SA (Switzerland), Lactalis Group (France) and Forager Project (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In 2021, Chobani, a United States based company specialised in Yogurt manufacturing has announced launch of its New Greek Yogurt which essentially will be sugar free. This is keeping in mind the growing consumer preffernces for healthy and nutritious food options. The newly launched product which is completely sugar free, has only 60 calories per each serving, is made of complete natural ingredients, is lactose free and has rich probiotic content.
Market Drivers
- Growing Consciousness about Health
- Growth of the Processed Food Market
- Change in Consumer Taste Preferences due to Rapid Urbanisation
Market Trend
- Vegan Based Low Sugar Yogurt Market is rising in Popularity
Restraints
- Expensive Compared to Regular Dairy Based Plane Yogurt
Opportunities
Organic Offerings are expected to Rise in Popularity
Challenges
Less Awareness about the Benefit of the Product
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Low-sugar Yogurt Study Sheds Light on
The Low-sugar Yogurt Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Low-sugar Yogurt industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Low-sugar Yogurt industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.