Overview of Greek Yogurt Market with Trends, Opportunities & Competition Tracking till 2022

Posted on 2018-05-17 by Mark Hub in Food & Beverage // 0 Comments

Fact.MR

Dublin 2, Ireland, 2018-May-17 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of greek yogurt market. The study is titled as “Greek Yogurt Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global greek yogurt market.

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According to a study by Fact.MR, the global market for Greek yogurt is estimated to reach US$ 7,618.4 million revenues by the end of 2022. The market is expected to witness a healthy growth due to the increasing consumption of Greek yogurt packed with probiotics which fights various health issues and boost the immune system. Manufacturers of Greek yogurt have started focusing on using various techniques and methods to increase the shelf life of the product and minimizing the risk of contamination.

3 Forecast Highlights on Global Greek Yogurt Market

1. North America is expected to dominate the global market for Greek yogurt during the forecast period, 2017-2022. Towards the end of 2022, the North America Greek yogurt market is projected to reach close to US$ 2,800 million revenues.

2. Europe is expected to be the second-largest market for Greek yogurt. Owing to the increasing use of Greek yogurt as a substitute for cream cheese, butter, and sour cream has increased its application in different food products, emerging as one of the factors driving the Greek yogurt market in Europe.

3. Spoonable Greek yogurt is estimated to bring in nearly US$ 5,600 million revenue towards the end of 2022. The spoonable Greek yogurt is projected to account for nearly three-fourth of the revenue share by the end of 2017.

High Sales through Modern Trade

Accounting for more than two-fifth of the revenue share by the end of 2017, modern trade is expected to emerge as one of the most lucrative sales channels in the Greek yogurt market. Modern trade is projected to create an incremental opportunity of more than US$ 900 million during 2017-2022.

Conventional Greek Yogurt to Witness Robust Growth

Conventional Greek yogurt is estimated to reach nearly US$ 5,200 million value by 2022 end. Experiencing impressive growth, conventional Greek yogurt is projected to account for more than two-third of the revenue share by the end of 2017.

Spoonable Greek Yogurt- Highly Preferred Product

Compared to the drinkable Greek Yogurt, spoonable Greek yogurt is expected to emerge as one of the most preferred Greek yogurt product. Spoonable Greek yogurt is expected to witness impressive growth, surpassing US$ 5,500 million revenue by the end of 2022. Meanwhile, drinkable Greek yogurt is projected to create an incremental opportunity of over US$ 600 million during the forecast period, 2017-2022.

Greek Yogurt in Cups and Tubs to Gain Maximum Revenue Share

Greek yogurt in cups and tubs is projected to account for more than two-third revenue share by the end of 2017. Cups and tubs Greek yogurt packages are estimated to reach nearly US$ 5,000 million revenue by 2022 end. Meanwhile, Greek yogurt in bottles is also expected to experience robust growth during the forecast period.

Competition Tracking

The report provides detailed profile of the companies that are expected to remain active in the expansion of global Greek yogurt market through 2022, which include General Mills, Inc., Danone, Nestlé S.A., Cabot Corporation, The Hain Celestial Group, Inc., Trader Joe’s Company, Chobani, LLC, FAGE International S.A., Wallaby Yogurt Company, Inc., and Vivartia Holding S.A.

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Table of Content:

1. Global Greek Yogurt Market – Executive Summary

2. Global Greek Yogurt Market Overview
2.1. Introduction
2.1.1. Global Greek Yogurt Market Taxonomy
2.1.2. Global Greek Yogurt Market Definition
2.2. Global Greek Yogurt Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Greek Yogurt Market Y-o-Y Growth
2.3. Global Greek Yogurt Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
3. Global Greek Yogurt Market Analysis and Forecast By Product Type
3.1. Global Greek Yogurt Market Size and Forecast By Product Type, 2012-2022
3.1.1. Spoonable Greek Yogurt Greek Yogurt Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Drinkable Greek Yogurt Greek Yogurt Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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