Organic yogurt is consumed on a large scale across the globe. The main reason for the rise in consumption of organic yogurt is the increasing awareness about its benefits associated with health. Moreover, it is available in various forms and reaches the end consumer via different distribution channels, such as specialty stores, online stores, grocery stores etc. It supports human health in different ways. It enhances digestion, reduces the chances of type 2 diabetes, helps improve bone density, assists in preventing osteoporosis, reduces the chances of colorectal cancer, assists in weight loss and bad fat loss, normalizes moods, improves immune system of the body and possess a high potential in reducing chronic pain and supports brain functions. These various benefits of organic yogurt have tapped the population worldwide, triggering in higher consumption of organic yogurt.
Transparency Market Research has come up with an intriguing research study on organic yogurt and has crafted all insights in a systematic manner in its new publication titled “Organic Yogurt Market: Forecast, Analysis, Trends and Competition Track – Global Review 2017-2022”. This fact based research report covers various aspects influencing the growth of the market. According to the research, the global organic yogurt market is anticipated to witness an exponential growth throughout the period of assessment to register a CAGR of 13.1% to reflect a high market valuation by the end of the assessment year.
4 Key Insights on Global Organic Yogurt Market
The global organic yogurt market is segmented on the basis of product type, by distribution channel, by form and by region.
- By region, Europe is expected to be highly lucrative for organic yogurt market. The Europe organic yogurt market is poised to reach a market value of about US$ 4.9 Bn by the end of 2022. This region is marked by several yogurt manufacturers owing to favorable conditions and supported by innovations
- By distribution channel, the specialty stores segment is projected to be the fastest growing segment and is also the largest with respect to market value. This segment is poised to gain a high BPS by the end of 2022
- In the form category, the spoonable yogurt segment dominated the market in 2017 and is expected to continue cementing its dominance during the period of assessment. In 2017, this segment reflected a high market share of 64.2% and is estimated toreach a valuation of about US$ 10.5 Bn by the end of 2022
- By product type, plain yogurt segment is the largest in terms of value share. However, the growth of the flavored yogurt segment is expected to show a remarkable increase and is poised to reach a CAGR of 16.6% during 2017-2022 period of assessment
Key Players Involved in the Global Organic Yogurt Market
The comprehensive research report on organic yogurt market covers detailed analysis on the key players. Weighted SWOT analysis, key financials, product development and innovations, product portfolio and company overview of key players like BJ's Wholesale Club, Whole Foods Market Inc., Stonyfield Farm, Inc., Safeway Inc., Purity Foods, Inc., Kroger Co., Horizon Organic Holding Corp., Wallaby Yogurt Company, Inc., Ben & Jerry's Homemade Inc., and Aurora Organic Dairy is included in this research study.