Press Release

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.

 

Contact

Mr. Ken Mathews

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Tel: +1-646-360-1656

Email: [email protected]

Website: www.techsciresearch.com

Relevant Reports

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

Consumer Goods and Retail | Dec, 2023

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.

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