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”.
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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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