High Protein Yogurt Market: Overview
High protein yogurt has hit the yogurt market to meet the various nutritional requirements and sensory characteristics for consumers. Yogurt is general is a repository of probiotics that is immensely useful in gut microbiome. Growing trend of flavored yogurt is a key trend boosting the market. The advent of array of products has expanded the avenue in dairy aisle. Greek yogurt gathered steam as nutritionist-backed picks to get the double the amount of protein than traditional yogurt or macromolecules and micro molecules. A number of yogurt cultures have come to the fore to get the required texture and creaminess and tart flavor. Over the years, the high protein yogurt market has seen an array of varieties in terms of the addition of fresh fruits and other nutritious items such as almonds.
Some of the target consumer segments in the high protein yogurt market are sports person, youngsters, and body builders.
High Protein Yogurt Market: Key Trends
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The growing role of yogurt consumption as a part of nutritional intervention in managing protein deficiency is a key trend in the high protein yogurt market. Consumption of high protein yogurt is bolstering the growth of the market. The growing development of live probiotic cultures has expanded the avenue in the high protein yogurt market. The role of yogurt in improving intestinal health is boosting the market. Some of the key types of high protein yogurt are Swiss-style and set-style yogurt.
The growing popularity of plant-based protein has also boosted the prospects in the high protein yogurt market. A key momentum to the demand comes from the growing lactose-intolerant people who are seeking new choices in the high protein yogurt market. The growing number of vegan people who wean on high-protein diets is also boosting the growth of the high protein yogurt market.
High Protein Yogurt Market: Competitive Development Analysis and Key Developments
Companies are coming out with new flavors, sometimes which are exotic as well as contain different nutrient profile in order to attract consumers. They are also keen on incorporating non-dairy milk, such as coconut milk, almond milk, soy milk, and rice milk. A growing number of players are venturing into organically certified high-protein yogurt. Additionally, kosher-certified are also gathering popularity. Rise in demand for low-fat and low-sugar snacks has also opened new revenue streams in the high protein yogurt market. Top players are jostling to come out with such options particularly by offering unsweetened options.
Some of the key players in the high protein yogurt market are Epi Ingredients, Maple Hill Creamery, Traders Port Creamery, GROUPE DANONE, Stonyfield Farm, Inc., FAGE International S.A., and Chobani LLC.
The report on the high protein yogurt market presents a comprehensive insights into the key growth dynamics, various undercurrents that might affect the dynamics in near future, and the emerging competitive dynamics.
High Protein Yogurt Market: Regional Assessment
Some of the key distribution channels that players will be leveraging to reach potential consumers are stores specialty stores, retail, convenience stores, online, and supermarket. These channels are increasingly being becoming prominent in North America and Europe. Europe has emerged as a highly lucrative market. Wide array of options in the high protein yogurt market have fueled the prospects in the Europe high-protein yogurt market.
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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
- 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.