
Asia Pacific Frozen Yogurt Market Size, Share & Industry Trends Analysis Report By Flavor (Chocolate, Strawberry, Mango, Pineapple and Others), By Nature (Conventional and Organic), By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Frozen Yogurt Market would witness market growth of 5.5% CAGR during the forecast period (2022-2028).
Hydrocolloids, non-fat solids, emulsifiers, sweeteners, and fat substitutes are all included in mixes of ice cream for frozen yogurt. Low-calorie frozen yogurt is generally created by adding soluble dietary fibers and isomalt, which is beneficial for consumer health. The addition of inulin, polydextrose, and isomalt improves viscosity, lowers caloric density, and slows the melting of the yogurt while also increasing nutritional value.
In addition, the inclusion of a probiotic culture further improves the perceived health advantages since certain health benefits, like enhanced control of infections of intestines, lactose consumption, and anticancer activity may result from adding probiotics such as B. longum and L. acidophilus to frozen yogurt. In the past few years, non-dairy frozen yogurt desserts have been gaining popularity among consumers, especially millennials, and this development is anticipated to last for the duration of the forecast.
Two important elements driving demand for frozen yogurt created without dairy are growing commercialization and customers' rising preference for plant-based products. In addition, strong market prospects will be aided by rapid technical advancement, new raw material sources, and industry-evolving flavor and texture challenges.
The nation's production capacities and consumer income brackets are rising. Customers are, therefore, willing to pay higher prices for these treats. Chain stores from other nations are expanding significantly and are penetrating the Chinese market. The Chinese consumer values variety and seeks out novel purchasing occasions. International brands can capitalize on genuine opportunities by creating original designs, offering services in novel ways, and rethinking concepts. To provide the clients with the best possible arrangement, careful consideration and appropriate research must be given to coloring, texture, freezing, and packing.
The China market dominated the Asia Pacific Frozen Yogurt Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,136.2 million by 2028. The Japan market is estimated to grow a CAGR of 4.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.2% during (2022 - 2028).
Based on Flavor, the market is segmented into Chocolate, Strawberry, Mango, Pineapple and Others. Based on Nature, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into Supermarket / Hypermarket, Specialist Retailers, Online Stores, Convenience Stores and Others. 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 Frozen Yogurt Market is Projected to reach USD 13.8 Billion by 2028, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lactalis Group, General Mills, Inc., Nestle S.A., Saputo, Inc., Britannia Industries Limited (Wadia group), Danone S.A. (Sofina Group), DuPont de Nemours, Inc., Arla Foods, Inc., Yakult Honsha Co., Ltd., and Menchie's Group, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Flavor
- Chocolate
- Strawberry
- Mango
- Pineapple
- Others
By Nature
- Conventional
- Organic
By Distribution Channel
- Supermarket / Hypermarket
- Specialist Retailers
- Online Stores
- Convenience Stores
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Lactalis Group
- General Mills, Inc.
- Nestle S.A.
- Saputo, Inc.
- Britannia Industries Limited (Wadia group)
- Danone S.A. (Sofina Group)
- DuPont de Nemours, Inc.
- Arla Foods, Inc.
- Yakult Honsha Co., Ltd.
- Menchie's Group, Inc.
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Related Reports:
Global Frozen Yogurt Market Report 2022-2028
North America Frozen Yogurt Market Report 2022-2028