Global Yogurt Makers Market to Grow with a CAGR of 9.23% through 2028
Increasing popularity of homemade
yogurt, growing health consciousness, and the desire for nutritious and
customizable food options. are factors driving the global yogurt makers market
in the forecast period 2024-2028.
According to the TechSci Research report,
“Yogurt Makers Market – Global Industry
Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F”,
the Global Yogurt Makers Market stood at USD1.17 billion in 2022 and is
anticipated to grow with a CAGR of 9.23% in the forecast period, 2024-2028. The
yogurt maker market has witnessed significant growth and transformation in
recent years, driven by changing consumer preferences, health-conscious
lifestyles, and the growing popularity of homemade yogurt.
The yogurt maker market is undergoing a
remarkable transformation driven by evolving consumer preferences, a focus on
health and wellness, convenience, technological advancements, and
diversification. As consumers increasingly seek healthier and customized food
options, yogurt makers are positioned as a key appliance in modern kitchens.
The integration of smart features, energy-efficient technologies, and the
diversification of product offerings are likely to propel the market further.
Additionally, the global yogurt maker market is also influenced by regional
variations in taste preferences and dietary habits, contributing to its dynamic
nature.
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The demand for yogurt makers is expected
to increase due to the global demand for yogurt consumption. Furthermore,
increased development for yogurt makers in the global market for modified
yogurt products such as flavored yogurt and plant-based yogurt, as well as
significant marketing and promotional strategies adopted by global players,
will propel the yogurt market during the forecast period.
Increased awareness of the benefits of
probiotics for digestive health has boosted yogurt consumption. Homemade
yogurt, with live cultures, offers a convenient way to incorporate probiotics
into the diet. Many consumers prefer locally sourced and artisanal products,
and homemade yogurt falls within this category. It allows individuals to
support local dairy farmers and small-scale producers. The globalization of
food culture has introduced consumers to various yogurt types, such as Greek,
Icelandic, or Indian yogurt. Homemade yogurt recipes from different cultures
have gained popularity, leading to increased demand for yogurt and
yogurt-making tools. Yogurt makers equipped with smart technology, timers, and
convenient features have made yogurt preparation even easier, attracting consumers
looking for convenience in their daily routines.
Dietary trends that promote low-carb or
high-fat diets often include yogurt as a suitable option. Homemade yogurt can
be tailored to fit specific dietary plans.
Thus, the rising popularity of homemade
yogurt and the increasing demand for yogurt in the market are driven by a
combination of health-consciousness, customization, cost savings,
sustainability, and cultural influences. Additionally, technological
advancements and the desire for control over ingredients contribute to the
growing preference for homemade yogurt among consumers. As these trends
continue to evolve, the yogurt market is likely to see sustained growth and
innovation in response to consumer demand.
The global yogurt makers market is segmented
based on type, product type, sales channel and region.
Based on type, the market is segmented
into manual and electric yogurt makers. Electric yogurt makers are the more
popular type, accounting for a larger share of the market. They are more convenient
to use and offer a wider range of features, such as digital controls and
multiple fermentation settings.
By region, the market is segmented into
North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. Asia Pacific is the leading market for yogurt makers, followed by North
America and Europe. The growth of the market in Asia Pacific is driven by the
increasing popularity of yogurt in the region, as well as the growing health
consciousness of consumers.
Major companies operating in the global yogurt
makers market are:
- Dash Greek
- Vita Clay
- Cuisinart
Electronic
- Koninklijke
Philips N.V.
- Gourmia
- TTK Prestige
Ltd
- Donvier
Yogurt
- Euro Cuisine
Inc.
- Ningbo Hippo
Electrical Appliance
- Joyoung Co.,
Ltd
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“The yogurt maker market is experiencing
robust growth driven by health-conscious consumers seeking nutritious,
customizable yogurt options. Technological advancements have made yogurt making
more convenient, and sustainability concerns are also influencing consumer
choices. However, market saturation and competition from commercial brands pose
challenges. Overall, the yogurt maker market continues to expand, offering
consumers a convenient and healthy way to enjoy homemade yogurt.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Yogurt Makers Market By Type (Fully-automatic, Semi-automatic), By Product
Type (Single Container, Multi Container), By Sales Channel (Hypermarket/Supermarket,
Convenience Stores, Specialty Stores, Online, Others), By Region, By Competition Forecast &
Opportunities, 2018-2028F, has evaluated the future growth
potential of the yogurt makers market globally and provides statistics and
information on market structure, size, share, and future growth. The report
provides cutting-edge market intelligence and helps decision-makers to make sound
investment decisions. Besides, the report also identifies the emerging trends
along with essential drivers, challenges, and opportunities present in the
market of yogurt makers globally.
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