Chocolate Drinkable Yogurt Market Forecast and CAGR
According to the latest research by Transparency Market Research, the chocolate drinkable yogurt market is set to witness significant growth during 2021-2031. The demand for chocolate drinkable yogurt is expected to increase owing to continuous research and innovation to develop new flavors of yogurt with probiotic combinations that help to decrease gas, constipation, bloating, help to regulate the digestive system, and other internal health problems.
Yogurt is a good source of calcium, zinc, iodine, phosphorus, potassium, protein, riboflavin - vitamin B2, pantothenic acid vitamin B12, and vitamin B5. Drinkable yogurt is a probiotics product that helps to increase metabolism and maintain gut health. Drinkable yogurt is taken by the consumers in breakfast and meals as a healthy beverage.
What is Driving Demand for Chocolate Drinkable Yogurt?
Consumption of a chocolate drinkable yogurt will show positive growth in retail households and the foodservice sector as consumers are adding it to their diet as a healthy beverage.
Demand increases due to growing demand for convenient foods, rapid urbanization, increasing per capita income of the middle - class population, increasing demand for healthy snack products as consumers are concerned about their health.
Chocolate drinkable yogurt is a healthy alternative to chocolate desserts like mousse, or chocolate pudding. Chocolate yogurt contains less fat and carbohydrates as compared to chocolate pudding and mousse.
Demand arises for the chocolate drinking yogurt as consumers are inclined towards the convenience food items that also provide nutritional values to the body. Changing healthy lifestyles due to busy lifestyles provides the growth opportunity for chocolate yogurt. Chocolate yogurt contains phosphorus and calcium that help to strengthen the bone. It also contains pantothenic acid known as vitamin B5 that helps to reduce the fat and help to regulate body function smoothly. It is beneficial for the people who are suffering from the obesity or overweight.
North American Demand Outlook for Chocolate Drinkable Yogurt
In the North American market demand is rising for health-based products like probiotics among the young generation consumers as they are much more concerned about their health. Chocolate yogurt helps to maintain gut health and helps to boost the immune. Growing consumers interest towards the natural organic beverages that contain probiotics and provides nutritional values to the body.
The preference of the younger generation is shifting towards the consumption of high proteins and low calorie beverage will provide the growth opportunity to the product.
European Market Demand Outlook for Chocolate Drinkable Yogurt
Chocolate yogurt is a probiotic product that is highly consumed by consumers due to the presence of nutritional and health benefits.
Due to the high proliferation of digestive disorders in the European market shows the significant growth for chocolate yogurt as it is beneficial for digestive problems. Demand will rise in the region due to an increase in awareness about the benefits of yogurt-like it provides calcium and contains bacteria that fight constipation and diarrhoea. It also helps to boost the immune system of the body.
Asia Pacific Demand Outlook for Chocolate Drinkable Yogurt
In the Asia Pacific region, demand for chocolate yogurt is increasing at a significant rate due to the rise in consumption of chocolate yogurt by the consumer countries like Japan, Australia, China, and India. Chocolate yogurt is taken as a healthy natural beverage as compared to other sweet drinks.
In the Asia Pacific region, demand rises due to change in eating habits, increase demand for consumption of ready to eat food items, rapid urbanization along increasing spending on healthy food items. Growing awareness regarding the benefits of yogurt consumption will provide the opportunity for chocolate yogurt.
What is the effect of Covid-19 on Chocolate Drinkable Yogurt?
Due to COVD-19 a massive disruptions were observed in supply chains, logistics, global economy, and quality life of people. In the food and beverage industry the unpredicted disruption in the service sector and global food supply chain due to lockdown were imposed by the government of every country.
The impact of COVID-19 in beverage sector impacted as the consumers are having split thoughts in their mind that, taking outside foods are safe or not which will hinder the market for the businesses like bars and restaurants that leads to slow down the growth of the chocolate drinkable yogurt. Consumer’s also avoiding to spend on the processed or convenience food owing to health concern.
At present, the situation is quite normal people are showing their interest to spend on convenience foods. Foodservice industry also establishing a strong position for itself that will drive the market for drinking chocolate yogurt.
Who are some of the Key Manufacturers in the Chocolate Drinkable Yogurt?
Chobani Inc., General Mills, So Delicious Dairy Free, Kiwikiss, LLC, Stonyfield organic, Yogen Früz, Dairy Foods, Barry Callebaut, Nomadic dairy, Fairfield Dairy, Brown Cow Farm, Muller Co., and others.
- Chocolate whole milk yogurt drink
- Chocolate & cream blended yogurt drink
By End Use
- Foodservice industry
By Distribution Channel
- Business to Business
- Business to Consumer
- Convenience stores
- Specialty Stores
- Online Retail
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
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Chocolate Drinkable Yogurt Market Report Highlights:
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