The Asia Pacific Flavored Yogurt Market would witness market growth of 7.6% CAGR during the forecast period (2021-2027).
Consumers highly prefer to purchase flavored yogurts from supermarkets/hypermarkets in bulk volumes. Therefore, due to the strong presence of independent supermarkets/hypermarkets and chains in developed countries. The growing penetration of the independent supermarkets/hypermarkets in emerging countries has led to a higher share in the flavored yogurt market. Owing to the increasing necessity for convenience and a busy lifestyle, nowadays the consumers are inclined to purchase food products including flavored yogurts through e-commerce channels. This will result in the highest growth rate of e-commerce segment over the forecast period.
The Asia Pacific would showcase significant growth in the flavored yogurt market during the forecast period. The increasing popularity of flavored yogurt as a substitute option for ice cream and desserts in restaurants and hotels is becoming a new trend in emerging countries like India and China. The living standard of people in China is continuously improving, and they are becoming more health-conscious. Yogurt being natural and pure is a good source of nutrients and it fulfils the need of a health-conscious group of consumers.
The demand for flavored yogurt is continuously increasing in developing nations. The rising disposable income and new flavors of yogurt offered by key players are the main contributing factors for the growth of flavored yogurt in this region. Moreover, the rising awareness about health among consumers is anticipated to drive the regional flavored yogurt market. The outbreak of the COVID-19, an infectious disease caused by the SARS-CoV-2 virus has been challenging for almost every sector. COVID-19 pandemic leads to a massive increase in online grocery delivery. In initial phase of lockdown, supermarkets and grocery stores across Asian counties were remained closed. There is a growing presence of online delivery companies like Grofers, Big Basket, and Amazon in India. These companies are offering numerous products in fresh dairy products and have a quick delivery system. Moreover, the demand for various types of yogurts including fat-free, low fat, non-dairy-based, and organic has been increased in recent years among Indian consumers.
The Supermarket market dominated the Malaysia Flavored Yogurt Market by Distribution Channel 2020, thereby, achieving a market value of $508.2 million by 2027. The Convenience Stores market is estimated to grow at a CAGR of 11.6% during (2021 - 2027). Additionally, The Online market is expected to witness highest CAGR of 12.9% during (2021 - 2027).
Based on Flavor Type, the market is segmented into Strawberry, Vanilla, Blueberry, Peach and Others. Based on Distribution Channel, the market is segmented into Supermarket, Convenience Stores, Online and Other. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Flavored Yogurt Market is Projected to reach USD 58.4 Billion by 2027, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Mills, Inc., Danone S.A., Nestle S.A., Fonterra Co-operative Group Limited, Lactalis Group, Arla Foods Amba, Fage International S.A., Chobani LLC, China Mengniu Dairy Company Limited, and Yili Group.
Scope of the Study
Market Segments Covered in the Report:
By Flavor Type
- Strawberry
- Vanilla
- Blueberry
- Peach
- Others
By Distribution Channel
- Supermarket
- Convenience Stores
- Online
- Other
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- General Mills, Inc.
- Danone S.A.
- Nestle S.A.
- Fonterra Co-operative Group Limited
- Lactalis Group
- Arla Foods Amba
- Fage International S.A.
- Chobani LLC
- China Mengniu Dairy Company Limited
- Yili Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Flavored Yogurt Market, by Flavor Type
1.4.2 Asia Pacific Flavored Yogurt Market, by Distribution Channel
1.4.3 Asia Pacific Flavored Yogurt Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, May – 2021, Jun) Leading Players
Chapter 4. Asia Pacific Flavored Yogurt Market by Distribution Channel
4.1 Asia Pacific Flavored Yogurt Supermarket Market by Country
4.2 Asia Pacific Flavored Yogurt Convenience Stores Market by Country
4.3 Asia Pacific Flavored Yogurt Online Market by Country
4.4 Asia Pacific Other Flavored Yogurt Market by Country
Chapter 5. Asia Pacific Flavored Yogurt Market by Flavor Type
5.1 Asia Pacific Strawberry Flavored Yogurt Market by Country
5.2 Asia Pacific Vanilla Flavored Yogurt Market by Country
5.3 Asia Pacific Blueberry Flavored Yogurt Market by Country
5.4 Asia Pacific Peach Flavored Yogurt Market by Country
5.5 Asia Pacific Others Flavored Yogurt Market by Country
Chapter 6. Asia Pacific Flavored Yogurt Market by Country
6.1 China Flavored Yogurt Market
6.1.1 China Flavored Yogurt Market by Distribution Channel
6.1.2 China Flavored Yogurt Market by Flavor Type
6.2 Japan Flavored Yogurt Market
6.2.1 Japan Flavored Yogurt Market by Distribution Channel
6.2.2 Japan Flavored Yogurt Market by Flavor Type
6.3 India Flavored Yogurt Market
6.3.1 India Flavored Yogurt Market by Distribution Channel
6.3.2 India Flavored Yogurt Market by Flavor Type
6.4 South Korea Flavored Yogurt Market
6.4.1 South Korea Flavored Yogurt Market by Distribution Channel
6.4.2 South Korea Flavored Yogurt Market by Flavor Type
6.5 Singapore Flavored Yogurt Market
6.5.1 Singapore Flavored Yogurt Market by Distribution Channel
6.5.2 Singapore Flavored Yogurt Market by Flavor Type
6.6 Malaysia Flavored Yogurt Market
6.6.1 Malaysia Flavored Yogurt Market by Distribution Channel
6.6.2 Malaysia Flavored Yogurt Market by Flavor Type
6.7 Rest of Asia Pacific Flavored Yogurt Market
6.7.1 Rest of Asia Pacific Flavored Yogurt Market by Distribution Channel
6.7.2 Rest of Asia Pacific Flavored Yogurt Market by Flavor Type
Chapter 7. Company Profiles
7.1 General Mills, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.2 Danone S.A.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Partnerships, Collaborations, and Agreements:
7.3 Nestle S.A.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Fonterra Co-operative Group Limited
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 Lactalis Group
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Acquisition and Mergers:
7.5.2.2 Partnerships, Collaborations, and Agreements:
7.6 Arla Foods Amba
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.7 Fage International S.A.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.8 Chobani LLC
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.8.2.2 Partnerships, Collaborations, and Agreements:
7.9 China Mengniu Dairy Company Limited
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.10. Yili Group
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Product Launches and Product Expansions:
7.10.2.2 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Flavored Yogurt Market
TABLE 4 Product Launches And Product Expansions– Flavored Yogurt Market
TABLE 5 Acquisition and Mergers– Flavored Yogurt Market
TABLE 6 Asia Pacific Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Flavored Yogurt Supermarket Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Flavored Yogurt Supermarket Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Flavored Yogurt Convenience Stores Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Flavored Yogurt Convenience Stores Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Flavored Yogurt Online Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Flavored Yogurt Online Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Other Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Other Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Strawberry Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Strawberry Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Vanilla Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Vanilla Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Blueberry Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Blueberry Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Peach Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Peach Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Others Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Others Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 30 China Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 31 China Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 32 China Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 33 China Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 34 China Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 35 China Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 36 Japan Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 37 Japan Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 38 Japan Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 39 Japan Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 40 Japan Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 41 Japan Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 42 India Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 43 India Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 44 India Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 45 India Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 46 India Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 47 India Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 48 South Korea Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 49 South Korea Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 50 South Korea Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 51 South Korea Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 52 South Korea Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 53 South Korea Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 54 Singapore Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 55 Singapore Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 56 Singapore Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 57 Singapore Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 58 Singapore Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 59 Singapore Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 60 Malaysia Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 61 Malaysia Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 62 Malaysia Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 63 Malaysia Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 64 Malaysia Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 65 Malaysia Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 66 Rest of Asia Pacific Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 67 Rest of Asia Pacific Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 68 Rest of Asia Pacific Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 69 Rest of Asia Pacific Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 70 Rest of Asia Pacific Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 71 Rest of Asia Pacific Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 72 Key Information – General Mills, Inc.
TABLE 73 Key information – Danone S.A.
TABLE 74 Key Information – Nestle S.A.
TABLE 75 key information – Fonterra Co-operative Group Limited
TABLE 76 Key Information –Lactalis Group
TABLE 77 Key Information – Arla Foods Amba
TABLE 78 key information – Fage International S.A.
TABLE 79 key information – Chobani LLC
TABLE 80 key information – China Mengniu Dairy Company Limited
TABLE 81 key information – Yili Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, May – 2021, Jun) Leading Players
FIG 5 Recent strategies and developments: Danone S.A.
FIG 6 Recent strategies and developments: Lactalis Group
FIG 7 Recent strategies and developments: Chobani LLC
FIG 8 Recent strategies and developments: Yili Group