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Yoghurt Market size is driven by increasing awareness for health benefits from dietary consumption of product along with application in dairy products and food & beverages sector. <br><br>Get more details @ https://goo.gl/hk7Xu9
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Yoghurt Market Analysis, Share, Price Trend & Industry Report, 2024 : Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
Regional Analysis of Yoghurt Market : • North America led by the U.S. is anticipated to be the key contributor in yoghurt market due to high consumption of the product and growth of dairy industry in this region. Though, this region is predicted to be a potential market for set type of dairy product due to adoption of advanced technology, large scale dairy operations and diversification of product. Increasing investments from small and big players, as they diversified the product by packaging and making methods has given a significant impact on yoghurt market. • Asia Pacific, led by China is expected to dominate the yoghurt market followed by India due to the population growth and high consumption of the product for its better taste and nutritional values. Furthermore, Japan is anticipated to show a substantial growth for the product owing to expansion of food & beverage industry in this region, this will fuel the product market in upcoming years.
Application Analysis of Yoghurt Market : • Yoghurt Market size is driven by increasing awareness for health benefits from dietary consumption of product along with application in dairy products and food & beverages sector. Demographic & income trend coupled with shifting consumer eating preference is anticipated to propel the product growth in forecast time frame. • The product is related to dairy food industry. As it is processed by bacterial fermentation of the cow milk however goat, sheep and buffalo milk are also suitable. Basically, the product is consumed as a dessert or used in various recipes include raita, lassi and soup. Adoption of product by the consumers due to the availability of therapeutic & high nutritional value includes vitamin B12 and D, protein, minerals in the product are the key driving factors for yoghurt market growth.
Competitive Market Share of Yoghurt Market : • Key players in yogurt industry include Ultima Foods, Sodiaal, Nestle, Chobani Inc., General Mills, and Kraft Foods Group, Inc., Red Mango, TCBY, Yogurtland and Menchie’s. Some other notable players include Danone Groupe SA, Yakult Honsha, SweetFrog, Stonyfield Farm and FAGE International. • The yoghurt market is characterized by numerous acquisitions & mergers to expand its productivity. For instance, in July 2016, Danone group had announced proposed acquisition of White Wave for around USD 10 billion, this deal will combine the world’s largest organic yoghurt brands named as stony field. This in turn is likely to fuel the yoghurt market in the U.S. region.
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