Global Greek Yogurt Market Outlook, by Cost Structure, Production & Demand Rate and Growth Forecast till 2022

Rockville, US, 2018-Nov-20 — /EPR Network/ — Greek yogurt also known as strained yogurt is made using an extra step or process that drains out excess water and lactose, resulting into a rich, creamy and nutrient-packed yogurt. Greek yogurt contains less sugar, higher protein as compared to regular yogurt. Satisfying customer need for health, taste and convenience, Greek yogurt is being increasingly used in bakery products, health drinks, etc.

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According to the latest report by Fact.MR, the global Greek yogurt market is expected to witness robust growth, registering 7.6% CAGR during 2017-2022. Considered as a healthier substitute for regular yogurt, Greek yogurt is high in protein, hence the demand for Greek yogurt is increasing. Manufacturers are also offering a variety of flavors to enhance the taste and are also mixing low-sugar, high-fiber cereal to make the Greek yogurt more filling and high in nutrients. Following are the few insights on the future of the global Greek yogurt market.

6 Forecast Highlights on Global Greek Yogurt Market

• 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.
• 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.
• 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.
• Compared to bottled Greek yogurt, the Greek yogurt available in cups and tubs is expected to be highly preferred by consumers. Greek yogurt in cups and tubs is estimated to account for nearly three-fifth of the revenue share by 2017 end.
• Sales of Greek yogurt through modern trade is expected to witness impressive growth. Towards the end of 2022, Modern trade is projected to reach close to US$ 3,400 million value. Meanwhile, speciality stores are also expected to experience robust growth during the forecast period, 2017-2022.
• Conventional Greek yogurt is estimated to account for more than two-third of the revenue share by the end of 2017. The conventional Greek yogurt is projected to create an incremental opportunity of over US$ 1,500 million during 2017-2022.

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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.

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.

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.

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
   2.6. Pricing Analysis
   2.7. Raw Material Sourcing Strategy and Analysis
   2.8. List of Distributors
   2.9. Key Participants Market Presence (Intensity Map) By Region
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
4. Global Greek Yogurt Market Analysis and Forecast By Package Type
   4.1. Global Greek Yogurt Market Size and Forecast By Package Type, 2012-2022
   4.1.1. Cups and Tubs Greek Yogurt Market Size and Forecast, 2012-2022
   4.1.1.1. Revenue (US$ Mn) Comparison, By Region
   4.1.1.2. Market Share Comparison, By Region
   4.1.1.3. Y-o-Y growth Comparison, By Region
   4.1.2. Bottles Greek Yogurt Market Size and Forecast, 2012-2022
   4.1.2.1. Revenue (US$ Mn) Comparison, By Region

Continued……………..

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