No-Added-Sugar Drinkable Yogurt Market Forecast and CAGR
According to the latest research by Transparency Market Research, the No-Added-Sugar Drinkable market is set to witness significant growth during 2021-2031. Demand for No-Added-Sugar Drinkable yogurt has increased in the pandemic situation, with the growing awareness among the consumers about the nutritional benefits as no sugar will prevent the consumer from harmful diseases such as diabetes, obesity, weight gain, and even heart diseases. With the increase in obesity, cause increase in heart disease. People are getting more aware and conscious about their health which causes increase in popularity or demand of no-added-sugar drinkable yogurt in the market and during the pandemic the market demand were constant.
What is Driving Demand for No-Added-Sugar Drinkable Yogurt?
A considerable amount of sugar is added to yogurt to enhance the taste, which can lead to health problems such as diabetes, weight gain, dangerous inflammation, and heart illnesses. According to the National Centre for Biotechnology Information (NCBI), most of the population is prone to lactose intolerance globally. This leads to an increase in lactose-free products or no-added-sugar products or sugar-free products. With the increase in awareness among the consumer, the customer is shifting towards no-added-sugar drinkable yogurt from normal flavored yogurt which tends to generate more demand for no-added-sugar drainable yogurt. No-Added-Sugar Drinkable Yogurt comes with the same nutrition content and similar taste with almost no sugar content making the product similar to normal yogurt with more benefits.
Asia Pacific Demand Outlook for No-Added-Sugar Drinkable Yogurt
Asia Pacific demand tends to increase with the change in demand for healthy and costly food and beverages, growing western culture in consumer diets can be observed in the region.
As a result of its health benefits, in China, yogurt is more popular than milk. As China's population suffers from heart disease, obesity, high blood pressure, high cholestrol and type two diabetes, the demand for sugar-free products is on the rise. Here no-added sugar drinkable yogurt gets an advantage as yogurt is one of the preferred drinks and with no added sugar increases advanced nutrition value and it can be treated as a slimming agent and helps to improve immunity in children. Moreover replacing foods containing a lot of sugar with a healthier alternative can help a person acquire all of the vitamins and minerals they need without gaining weight. Weight loss may also be a benefit.
Europe Demand Outlook for No-Added-Sugar Drinkable Yogurt
Europe is one of the dominant markets for no-added-sugar drinkable yogurt and is self-sufficient in dairy products as it is the hub for dairy giants like Fage International, Yeo Valley and other dairy giant . And these Dairy giants constantly working and launching a new product to fulfil customer needs for a no-sugar or lactose-free product at a low cost.
The demand for no-added-sugar yogurt is due to innovation done by companies in yogurt and the benefits form yogurt like it reduces the risk of type two diabetes, prevention, and treatment of osteoporosis, prevention of colon cancer, healthy digestion, reduction of bad cholesterol, and others. No-added sugar comes with a wide variety of flavors makes it the preferred product among diet-concise people or customers suffering from obesity as obesity is among the popular decease people suffering from in Europe.
Who are some of the Key Manufacturers in the No-Added-Sugar Drinkable Yogurt Market
The key player in the no-added-sugar drinkable yogurt are as follows:
- Yili Group
- Mengniu Dairy
- Junlebao Lechun
- SIMPLE LOVE
- Bright Dairy
- Fage International
- Yeo Valley
- Forager Products
- And others
Based on distribution channel, the market can be divided into the following:
- Supermarket and hypermarket
- Online market
- Offline market convince store
- And others
Based on category, the market can be divided into the following:
- Organic no-added sugar yogurt
- Inorganic no-added sugar yogurt
Based on product type, the market can be divided into the following:
- Plain Sugar-free yogurt
- Frozen Sugar-free yogurt
- Stirred Sugar-free Yogurt
Based on regional, the market can be divided into the following:
- North America
- United America
- And rest of Europe
- And others Asia-pacific countries
- Middle east and Africa
- Saudi Arabia
- South Africa
- And rest of middle east & Africa countries
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.