LAMEA Frozen Yogurt Market

LAMEA 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

Report Id: KBV-13884 Publication Date: February-2023 Number of Pages: 87
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Market Report Description

The Latin America, Middle East and Africa Frozen Yogurt Market would witness market growth of 7.8% CAGR during the forecast period (2022-2028).

Customers are increasingly looking for low-cost therapeutic frozen sweet snacks that nevertheless taste good and encourage healthy eating. The international growth in the selling of frozen yogurt is the outcome of this shift in dessert consumption habits. By restoring the proper balance of the beneficial bacteria in people's digestive systems and luring those with a sweet tooth, probiotics in frozen yogurt also aid in weight loss.

The industry is seeing a current trend that is quickly gaining traction: the blending of uncommon or unusual flavors with frozen yogurt. Low-fat and low-sugar frozen yogurt has become increasingly well-liked since it was introduced because of its superior taste and lower sugar content compared to traditional yogurt. Frozen yogurt market share is probably going to rise throughout the course of the projection year due to the wide range of choices and flavors available, including chocolate frozen yogurt, vegan frozen yogurt, and many more.

Yogurt is regarded as a staple cuisine in several Middle Eastern nations. The comparatively hot temperature of the region also makes yogurt an apt food. As a result, there is a huge demand for frozen yogurts in the region. In Africa, the number of people concerned about their health is rising quickly. Similarly, people in the Caribbean are exploring dairy-free substitutes as veganism spreads there. As a result, there is a significant demand for soy-based frozen yogurt. Additionally, people in Latin America are requesting a variety of low-fat frozen yogurt as a meal replacement due to the major threat that rising obesity poses. This supports the growth of the regional market.

The Brazil market dominated the LAMEA Frozen Yogurt Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $256.8 million by 2028. The Argentina market is exhibiting a CAGR of 8.4% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 7.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Frozen Yogurt Market is Predict to reach $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

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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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