Tuesday, 6 April 2021

United States Yogurt Market to be Valued USD7636.99 Million by 2026

 Increasing product offerings, rising disposable income, increasing health concerns, to aid the growth of United States Yogurt Market through 2026.


According to TechSci Research report, United States Yogurt Market By Type (Non-Flavored Flavored), By Fat Content, (Regular, Low Fat, Fat-Free), By Form (Conventional Yogurt, Set Yogurt, Greek Yogurt, Frozen Yogurt, Yogurt Drinks and Others), By Packaging (Pouches, Plastic Bottles, Tetra Packs and Others), By Distribution Channel (Convenience Stores, Independent Small Grocers, Supermarket/Hypermarket, Online Channel), By Region, Competition, Forecast & Opportunities, 2026”,United States Yogurt Market is projected to reach more than USD7636.99 million by 2026 in the value terms. The growth of Yogurt market in the United States is propelled by factors such as increasing migrants in the country including Hispanics and Asian population, which are one of the reasons for the increasing desire for different flavors in yogurt segment such as vanilla, blueberry, peach, strawberry, coconut, cranberry, pineapple, etc. In addition, due to the increasing incidence of lactose intolerance in Americans and growing culture of veganism in the United States are other major factors driving the growth of the market. Furthermore, consumers in the United States are highly concerned about their gut health and believe in including yogurt (which is a probiotic) as a regular part of their meal. Besides, domestic, and international producers are focusing on the varieties of yogurt according to consumer preferences, which will further act as the driving force in the United States Yogurt Market in the forecast period as well.

Browse 26 Figures spread through 70 Pages and an in-depth TOC on  United States Yogurt Market”.

https://www.techsciresearch.com/report/united-states-yogurt-market/7330.html

Based on the type, United States Yogurt Market is segmented into flavored and non-flavored yogurt types. In the base year, 2020 flavored type yogurt held the largest market share in the United States Yogurt Market with the approximate 87% market share in the overall yogurt market, due to the increasing preference for different flavors in the yogurt segment. Additionally, companies operating in the yogurt market are enhancing their product offering in the flavored yogurt segment in order to attract more consumers. Major companies operating in the yogurt market in the United States include General Mills Inc., Danone, Inc, Stonyfield Farm, Inc., Chobani, LLC., FAGE USA Dairy Industry, Inc. including other domestic and international players.

Furthermore, based on the fat content, yogurt market in the United States is segmented into three segments including regular, low fat, fat-free yogurt. In the base year, 2020 regular type yogurt held the largest market share of around 60%, in the yogurt market in the United States. However, low fat and fat-free yogurt segments are expected to grow with high CAGR in the forecast period, due to the increasing adoption of these yogurt types and widening preferences of the young consumers towards low fat and fat-free yogurt, due to lifestyle changes and increasing awareness and benefits of consuming low fat and fat-free yogurt. Also, based on the form the United States Yogurt Market is segmented into conventional yogurt, set yogurt, greek yogurt, frozen yogurt, yogurt drinks and others. From all the given segments yogurt drinks segment holds the largest market share in the United States Yogurt Market due to various flavored offerd by the companies in this segment and their easy availability in supermarket shelves. The yogurt drinks segment would continue to hold the largest market share in the United States Yogurt Market in the forecast period as well.

Based on the regional segmentation United States Yogurt Market is segmented into South, West, Mid-West, North East. From all the given regions, South region holds the largest market share in the United States Yogurt Market due to its larger population and GDP and would continue to do so in the forecast period as well.

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“United States Yogurt Market due to its diversified demographics is a very attractive market, especially for the companies who are operating in the dairy business. Additionally, American consumers’ choices are varying from the rest of the world and they are open to various experiments when it comes to the taste.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

United States Yogurt Market, By Type (Non-Flavored, Flavored), By Fat Content, (Regular, Low Fat, Fat-Free), By Form (Conventional Yogurt, Set Yogurt, Greek Yogurt, Frozen Yogurt, Yogurt Drinks and Others), By Packaging (Pouches, Plastic Bottles, Tetra Packs and Others), By Distribution Channel (Convenience Stores, Independent Small Grocers, Supermarket/Hypermarket, Online Channel), By Region, Competition, Forecast & Opportunities, 2026 has evaluated the future growth potential of United States Yogurt Market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the United States Yogurt Market.

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TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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