The Latin America, Middle East and Africa Flavored Yogurt Market would witness market growth of 9.5% CAGR during the forecast period (2021-2027).
Yogurt is a good source of various essential nutrients such as calcium, potassium, protein, phosphorus, and vitamins. In recent years, the increasing awareness about the health benefits of yogurt has fueled the growth & demand of the flavored yogurt market in the last few years. The benefits of yogurt accrediting with the constitution of important vitamins, creamy, pulp-laced, and sugar-free content. It positively impacts the digestive mechanism. It is also appropriate for fortification to improve the nutritional value of yogurt.
Different flavors are added to enhance the taste and appearance of the product. Consumers are inclined more towards the consumption of convenience food products due to their busy lifestyles. Therefore, the nutritional properties and the availability of a range of flavors have resulted in the high demand for flavored yogurt. All these factors are expected to drive the market for flavored yogurt over the forecast period.
Various countries of the Middle East have the culture to consider yogurt as a staple food. For making yogurt, heated milk is inoculated with bacteria like Lactobacillus bulgaricus and Streptococcus thermophiles. It is rich in nutrients including protein and calcium.
The increasing acceptance of healthy food items, increasing disposable income, and diversified restaurant industry are the driving factors of the flavored yogurt market. The market players in flavored yogurt are adopting various strategies to increase profitability and acquire a strong market position. The number of health-conscious people is rapidly increasing in Africa. All these factors are expected to drive the growth of the flavored yogurt market during the forecast period.
The Strawberry market dominated the South Africa Flavored Yogurt Market by Flavor Type 2020, thereby, achieving a market value of $243.4 million by 2027. The Vanilla market is exhibiting a CAGR of 10% during (2021 - 2027). The Blueberry market is showcasing a CAGR of 10.7% during (2021 - 2027). Additionally, The Peach market is expected to witness highest CAGR of 11.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Flavored Yogurt Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Flavored Yogurt Market, by Flavor Type
1.4.2 LAMEA Flavored Yogurt Market, by Distribution Channel
1.4.3 LAMEA 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. LAMEA Flavored Yogurt Market by Distribution Channel
4.1 LAMEA Flavored Yogurt Supermarket Market by Country
4.2 LAMEA Flavored Yogurt Convenience Stores Market by Country
4.3 LAMEA Flavored Yogurt Online Market by Country
4.4 LAMEA Other Flavored Yogurt Market by Country
Chapter 5. LAMEA Flavored Yogurt Market by Flavor Type
5.1 LAMEA Strawberry Flavored Yogurt Market by Country
5.2 LAMEA Vanilla Flavored Yogurt Market by Country
5.3 LAMEA Blueberry Flavored Yogurt Market by Country
5.4 LAMEA Peach Flavored Yogurt Market by Country
5.5 LAMEA Others Flavored Yogurt Market by Country
Chapter 6. LAMEA Flavored Yogurt Market by Country
6.1 Brazil Flavored Yogurt Market
6.1.1 Brazil Flavored Yogurt Market by Distribution Channel
6.1.2 Brazil Flavored Yogurt Market by Flavor Type
6.2 Argentina Flavored Yogurt Market
6.2.1 Argentina Flavored Yogurt Market by Distribution Channel
6.2.2 Argentina Flavored Yogurt Market by Flavor Type
6.3 UAE Flavored Yogurt Market
6.3.1 UAE Flavored Yogurt Market by Distribution Channel
6.3.2 UAE Flavored Yogurt Market by Flavor Type
6.4 Saudi Arabia Flavored Yogurt Market
6.4.1 Saudi Arabia Flavored Yogurt Market by Distribution Channel
6.4.2 Saudi Arabia Flavored Yogurt Market by Flavor Type
6.5 South Africa Flavored Yogurt Market
6.5.1 South Africa Flavored Yogurt Market by Distribution Channel
6.5.2 South Africa Flavored Yogurt Market by Flavor Type
6.6 Nigeria Flavored Yogurt Market
6.6.1 Nigeria Flavored Yogurt Market by Distribution Channel
6.6.2 Nigeria Flavored Yogurt Market by Flavor Type
6.7 Rest of LAMEA Flavored Yogurt Market
6.7.1 Rest of LAMEA Flavored Yogurt Market by Distribution Channel
6.7.2 Rest of LAMEA 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 LAMEA Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 7 LAMEA Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 8 LAMEA Flavored Yogurt Supermarket Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Flavored Yogurt Supermarket Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Flavored Yogurt Convenience Stores Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Flavored Yogurt Convenience Stores Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Flavored Yogurt Online Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Flavored Yogurt Online Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Other Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Other Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 17 LAMEA Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 18 LAMEA Strawberry Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Strawberry Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Vanilla Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Vanilla Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Blueberry Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Blueberry Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Peach Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Peach Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Others Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Others Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Flavored Yogurt Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Flavored Yogurt Market by Country, 2021 - 2027, USD Million
TABLE 30 Brazil Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 31 Brazil Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 32 Brazil Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 33 Brazil Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 34 Brazil Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 35 Brazil Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 36 Argentina Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 37 Argentina Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 38 Argentina Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 39 Argentina Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 40 Argentina Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 41 Argentina Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 42 UAE Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 43 UAE Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 44 UAE Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 45 UAE Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 46 UAE Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 47 UAE Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 48 Saudi Arabia Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 49 Saudi Arabia Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 50 Saudi Arabia Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 51 Saudi Arabia Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 52 Saudi Arabia Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 53 Saudi Arabia Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 54 South Africa Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 55 South Africa Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 56 South Africa Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 57 South Africa Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 58 South Africa Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 59 South Africa Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 60 Nigeria Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 61 Nigeria Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 62 Nigeria Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 63 Nigeria Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 64 Nigeria Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 65 Nigeria Flavored Yogurt Market by Flavor Type, 2021 - 2027, USD Million
TABLE 66 Rest of LAMEA Flavored Yogurt Market, 2017 - 2020, USD Million
TABLE 67 Rest of LAMEA Flavored Yogurt Market, 2021 - 2027, USD Million
TABLE 68 Rest of LAMEA Flavored Yogurt Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 69 Rest of LAMEA Flavored Yogurt Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 70 Rest of LAMEA Flavored Yogurt Market by Flavor Type, 2017 - 2020, USD Million
TABLE 71 Rest of LAMEA 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