Global Skim Yogurt Market Overview:
The yogurt prepared by bacterial fermentation of low-fat or non-fat milk is referred to as skim yogurt. Low-fat yogurt contains between 2% to 0.5% milkfat, while non-fat yogurt contains less than 0.5% milkfat. Skim yogurt may have additional sweeteners, flavorings, cultures, stabilizers added to it. Skim yogurt has gained popularity since it promotes weight management and reduces the risk of heart diseases. It is considered as an excellent ready-to-eat snack by weight-conscious people owing to its high nutrient content. Yogurt can be consumed by people who are lactose intolerant. As snacking has become the universal eating habit, consumers are increasingly looking for healthy, convenient alternatives. This will pose an opportunity for skim yogurt in the convenience foods category.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | General Mills (United States), Nestle (Switzerland), FAGE (United Kingdom), Danone (France), Ultima Foods Inc. (Canada), Chobani (United States), Emmi Group (Switzerland), Muller UK & Ireland Group LLP (United Kingdom), Kraft Heinz Company (United States) and Rainy Lanes Dairy Foods (United Kingdom) |
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 |
Growth Drivers
- Rising Health Consciousness Worldwide
- Increasing Demand for Ready-To-Eat Food Products
Roadblocks
- Harmful Ingredients and Additives in Yogurt
- Stringent Government Regulations Regarding Food Products
Opportunities
- Rising Obesity Rates May Boost the Market
- Rising Health Consciousness among Millennials Who Eat Meals On-The-Go
- Availability of Numerous Distribution Channels
Competitive Landscape:
Some of the key players profiled in the report are General Mills (United States), Nestle (Switzerland), FAGE (United Kingdom), Danone (France), Ultima Foods Inc. (Canada), Chobani (United States), Emmi Group (Switzerland), Muller UK & Ireland Group LLP (United Kingdom), Kraft Heinz Company (United States) and Rainy Lanes Dairy Foods (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Wallaby Yogurt Co LLC (United States), Cabot (United States), The Icelandic Milk and Skyr Corporation (United States) and BSA SA (France). Analyst at AMA Research see United States Vendors to retain maximum share of Global Skim Yogurt market by 2027. Considering Market by Fat Content, the sub-segment i.e. Low-Fat will boost the Skim Yogurt market. Considering Market by Pack Size, the sub-segment i.e. 100g to 500g will boost the Skim Yogurt market. Considering Market by Distribution Channels, the sub-segment i.e. Online will boost the Skim Yogurt market.
“According to the United States Department of Agriculture (USDA), composition requirements apply to the yogurt prior to the addition of bulky flavoring ingredients for yogurt is C Fat – not less than 3.25 percent, C Milk Solids Not Fat – not less than 8.25 percent. For Low-fat Yogurt, C Fat – not less than 0.5 percent or more than 2 percent, C Milk Solids Not Fat – not less than 8.25 percent. For Nonfat Yogurt, Fat – not more than 0.5 percent, and Milk Solids Not Fat – not less than 8.25 percent.”
What Can be Explored with the Skim Yogurt Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Skim Yogurt Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Skim Yogurt
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Skim Yogurt market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Skim Yogurt market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Skim Yogurt Manufacturer, Skim Yogurt Traders/Distributors/Suppliers, Skim Yogurt Raw Material Supplier, Regulatory & Government Bodies, Skim Yogurt Downstream Vendors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.