North America Flavored Yogurt Market By Flavor Type (Strawberry, Vanilla, Blueberry, Peach and Others), By Distribution Channel (Supermarket, Convenience Stores, Online and Other), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The North America Flavored Yogurt Market would witness market growth of 7.3% CAGR during the forecast period (2021-2027).
In order to manufacture flavored yogurt, the different flavors are added to the fermented milk with containing well-defined and viable bacteria. It creates a condensed product that has an extended shelf life. Flavored yogurt is available in several forms in the market including frozen, drinkable, set, and Greek. Flavors, fruits, and sweeteners are also added to the yogurt that helps in improving the taste, aroma, and consistency.
Furthermore, there is a wide variety of yogurts that are available in the market including flavored yogurt which is enriched with probiotics. It helps in improving digestive health by decreasing the common gastrointestinal disorders symptoms like bloating, diarrhea, and constipation. The flavored yogurt including probiotics, vitamins, and minerals, are helpful in the prevention of illness & boost immunity. It also plays a major role in improving bone health and thus, reduces the risk of osteoporosis. In addition, yogurt is very beneficial for heart health as it is beneficial in maintaining blood pressure at optimum level and increases the amount of good HDL cholesterol in the blood. The above-mentioned health benefits of yogurt are expected to boost the flavored yogurt market during the forecast period.
The US market dominated the North America Flavored Yogurt Online Market by Country 2020, thereby, achieving a market value of $1,045.6 million by 2027. The Canada market is experiencing a CAGR of 11.4% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 10.5% 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 U.S., Mexico, Canada, and Rest of North America.
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
By Distribution Channel
- Convenience Stores
- Rest of North America
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
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