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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.

Key Segments

By Flavor

  • Chocolate whole milk yogurt drink
  • Chocolate & cream blended yogurt drink
  • Others

By End Use

  • Foodservice industry
  • Retail/Households

By Distribution Channel

  • Business to Business
  • Business to Consumer
    • Hypermarkets/Supermarkets
    • Convenience stores
    • Specialty Stores
    • Online Retail

By Region

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Chocolate Drinkable Yogurt Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Chocolate Drinkable Yogurt Market