Global Dairy Dessert and Yogurt Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Ice Cream, Frozen Yogurt, Custard, Pudding, and Others.By Flavor;
Chocolate, Strawberry, Vanilla, Caramel, and Others.By Packaging Material;
Glass, Plastic, and Paper.By Distribution Channel;
Online Retail, Supermarket/Hypermarket, Specialty Stores, Departmental Stores, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Dairy Dessert and Yogurt Market (USD Million), 2021 - 2031
In the year 2024, the Global Dairy Dessert and Yogurt Market was valued at USD 94570.30 million. The size of this market is expected to increase to USD 124448.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.
The global dairy dessert and yogurt market is characterized by a diverse range of products that cater to varying consumer preferences and dietary needs across the world. Dairy desserts encompass a wide spectrum of indulgent treats, including puddings, custards, creams, and frozen dairy desserts, known for their rich textures and creamy flavors. These desserts are enjoyed both as standalone treats and as accompaniments to meals, offering consumers a delightful experience with every bite. Yogurt, on the other hand, is celebrated for its probiotic benefits and versatility, available in various forms such as regular yogurt, Greek yogurt, and flavored yogurt with fruit or other additives.
The market for dairy desserts and yogurt is segmented based on product types and consumer preferences. Dairy desserts include traditional favorites like puddings and custards, which are often consumed for their comforting textures and rich flavors. Frozen dairy desserts, including ice creams and frozen yogurts, appeal to consumers seeking refreshing treats, especially during warm weather or as desserts after meals. In contrast, yogurt has carved out a niche as a health-conscious option, prized for its probiotic properties that promote digestive health and overall well-being.
Geographically, the market for dairy desserts and yogurt exhibits varied growth patterns across different regions. North America and Europe dominate the market, driven by high consumption rates and a strong preference for dairy-based desserts and yogurt varieties. These regions are characterized by extensive product innovation and a wide range of offerings catering to diverse consumer tastes. In contrast, the Asia Pacific region is witnessing rapid market expansion fueled by changing dietary habits, urbanization, and increasing consumer awareness of the health benefits associated with yogurt consumption. Latin America, the Middle East, and Africa are also emerging markets where economic development and shifting consumer preferences are driving the demand for dairy desserts and yogurt products.
The global dairy dessert and yogurt market is poised for continued growth and innovation, driven by evolving consumer preferences, health trends promoting probiotic-rich foods, and the expanding availability of diverse product offerings. As consumer awareness about nutrition and dietary choices continues to rise, manufacturers are expected to focus on product differentiation, quality improvements, and expanding their market reach to capitalize on emerging opportunities in both established and developing markets.
Global Dairy Dessert and Yogurt Market Recent Developments
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In September 2024, Lactalis, in partnership with Sodiaal, acquired General Mills' yogurt business in North America, which includes well-known brands such as Yoplait and Liberté, marking a major expansion in the North American yogurt market
- In May 2023, Müller Yogurt and Desserts reintroduced retro flavors of its Müller Corner range, bringing back popular products like Mississippi Mud Pie-inspired yogurt
Segment Analysis
The Global Dairy Dessert and Yogurt Market is anticipated to witness substantial growth from 2024 to 2030, driven by a wide range of product offerings and evolving consumer preferences. The market is segmented by type into ice cream, frozen yogurt, custard, pudding, and other dairy desserts. Ice cream and frozen yogurt are popular choices due to their refreshing nature and wide flavor variety, appealing to consumers of all ages. Custards and puddings, known for their rich and creamy textures, remain staple desserts across various cultures, offering indulgence and comfort.
Flavor segmentation within the market reveals consumer inclinations towards traditional and innovative tastes. Chocolate, strawberry, vanilla, and caramel flavors dominate the market, catering to classic preferences. However, there is also a growing demand for unique and exotic flavors, reflecting adventurous consumer tastes and the desire for new experiences. This diverse flavor portfolio allows manufacturers to target a broad audience, enhancing market reach and consumer satisfaction.
The market is also segmented by packaging material, including glass, plastic, and paper. Each packaging type has its own set of advantages and applications. Glass packaging is favored for its premium appeal and recyclability, often used for high-end dairy desserts and yogurts. Plastic packaging, known for its versatility and cost-effectiveness, is widely used for a variety of dairy products. Paper packaging is gaining traction due to its eco-friendly nature, aligning with the increasing consumer demand for sustainable packaging solutions.
Distribution channels play a critical role in the accessibility and availability of dairy desserts and yogurt. Supermarkets and hypermarkets dominate the distribution landscape, providing a wide array of products under one roof. Specialty stores and departmental stores offer curated selections, catering to niche markets and specific consumer needs. Online retail is rapidly growing, driven by the convenience of home delivery and the expanding digital marketplace. This multi-channel distribution approach ensures that dairy desserts and yogurts reach a diverse consumer base across different regions.
Geographically, the market exhibits varied growth patterns. North America and Europe are mature markets with high consumption rates and a strong presence of established brands. These regions are characterized by product innovation and a wide range of offerings to meet diverse consumer preferences. The Asia Pacific region is experiencing rapid growth, fueled by urbanization, increasing disposable incomes, and changing dietary habits. Latin America, the Middle East, and Africa are emerging markets where economic development and evolving consumer tastes are driving the demand for dairy desserts and yogurt products. As global consumer preferences and dietary habits continue to evolve, the Global Dairy Dessert and Yogurt Market is poised for continued expansion and innovation.
Global Dairy Dessert and Yogurt Segment Analysis
In this report, the Global Dairy Dessert and Yogurt Market has been segmented by Type, Flavor, Packaging Material, Distribution Channel and Geography.
Global Dairy Dessert and Yogurt Market , Segmentation by Type
The Global Dairy Dessert and Yogurt Market has been segmented by Type into Ice Cream, Frozen Yogurt, Custard, Pudding and Others.
The Global Dairy Dessert and Yogurt Market is anticipated to witness substantial growth from 2024 to 2030, driven by a diverse range of product offerings and evolving consumer preferences. The market is segmented by type into ice cream, frozen yogurt, custard, pudding, and other dairy desserts. Ice cream and frozen yogurt are particularly popular due to their refreshing nature and wide variety of flavors, making them appealing to consumers of all ages. These frozen treats continue to be a favorite, especially during warm seasons, and their market growth is bolstered by constant innovation in flavor and texture.
Custards and puddings, known for their rich and creamy textures, remain staple desserts across various cultures, providing indulgence and comfort. These desserts cater to traditional tastes and are often associated with home-cooked meals and festive occasions. The market for these products is sustained by their enduring popularity and the introduction of new, convenient packaging formats that make them easier to consume on-the-go. The inclusion of other dairy desserts in the market segmentation highlights the broadening spectrum of dairy-based treats that cater to diverse consumer tastes and preferences, contributing to the overall market expansion.
Global Dairy Dessert and Yogurt Market , Segmentation by Flavor
The Global Dairy Dessert and Yogurt Market has been segmented by Flavor into Chocolate, Strawberry, Vanilla, Caramel and Others.
Flavor segmentation within the Global Dairy Dessert and Yogurt Market reveals a balanced inclination towards both traditional and innovative tastes. Classic flavors such as chocolate, strawberry, vanilla, and caramel continue to dominate the market, catering to consumers' nostalgic preferences and timeless favorites. These flavors are staples in the industry, consistently driving sales due to their widespread popularity and familiarity. Their presence in various products ensures that manufacturers meet the consistent demand from a large, loyal consumer base.
However, the market is also witnessing a growing demand for unique and exotic flavors, reflecting adventurous consumer tastes and a desire for new culinary experiences. Flavors like matcha, lavender, and tropical fruit blends are increasingly being introduced, appealing to consumers seeking novelty and differentiation. This diverse flavor portfolio allows manufacturers to target a broader audience, including those looking for something beyond the ordinary. By offering a mix of traditional and innovative flavors, the market can enhance its reach and cater to the evolving tastes of consumers, driving further growth and consumer satisfaction.
Global Dairy Dessert and Yogurt Market , Segmentation by Packaging Material
The Global Dairy Dessert and Yogurt Market has been segmented by Packaging Material into Glass, Plastic and Paper.
The Global Dairy Dessert and Yogurt Market is also segmented by packaging material, including glass, plastic, and paper, each offering unique benefits and applications. Glass packaging is favored for its premium appeal and recyclability, often used for high-end dairy desserts and yogurts. It provides a sense of luxury and quality, making it an attractive choice for products positioned in the upscale market segment. Glass is also valued for its ability to preserve the freshness and flavor of dairy products, adding to its desirability among discerning consumers.
Plastic packaging, known for its versatility and cost-effectiveness, is widely used across a variety of dairy products. Its lightweight and durable nature make it suitable for mass production and distribution, ensuring product safety and convenience. However, the environmental impact of plastic has led to a shift towards more sustainable options. In response to this, paper packaging is gaining traction due to its eco-friendly attributes. Consumers are increasingly prioritizing sustainability, and paper packaging aligns with this demand, offering a renewable and biodegradable alternative. This trend is particularly strong among environmentally conscious consumers, pushing manufacturers to adopt more sustainable packaging solutions to meet market expectations.
Global Dairy Dessert and Yogurt Market , Segmentation by Distribution Channel
The Global Dairy Dessert and Yogurt Market has been segmented by Distribution Channel into Online Retail, Supermarket/Hypermarket, Specialty Stores, Departmental Stores and Others.
Distribution channels play a critical role in the accessibility and availability of dairy desserts and yogurt, significantly influencing market dynamics. Supermarkets and hypermarkets dominate the distribution landscape by offering a wide array of products under one roof, ensuring convenience and variety for consumers. These large retail outlets provide extensive product visibility and cater to a broad customer base, making them essential for reaching mass markets. Specialty stores and departmental stores, on the other hand, offer curated selections that cater to niche markets and specific consumer needs. These stores focus on high-quality, unique, or premium products, attracting customers seeking specialized or artisanal dairy desserts and yogurts.
The online retail segment is experiencing rapid growth, driven by the convenience of home delivery and the expanding digital marketplace. E-commerce platforms offer consumers the ease of browsing and purchasing products from the comfort of their homes, often with the added benefit of exclusive online deals and a wider selection. The rise of online grocery shopping has particularly boosted the sales of dairy desserts and yogurts, as consumers increasingly prefer the convenience of digital shopping. This multi-channel distribution approach ensures that dairy desserts and yogurts reach a diverse consumer base across different regions, accommodating various shopping preferences and enhancing market penetration.
Global Dairy Dessert and Yogurt Market, Segmentation by Geography
In this report, the Global Dairy Dessert and Yogurt Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Dairy Dessert and Yogurt Market Share (%), by Geographical Region, 2024
Geographically, the Global Dairy Dessert and Yogurt Market exhibits varied growth patterns influenced by regional economic conditions, consumer preferences, and market maturity. North America and Europe stand out as mature markets characterized by high consumption rates and the presence of established brands that continually innovate to cater to diverse consumer tastes. These regions benefit from advanced distribution networks and a strong focus on product development, offering a wide range of dairy desserts and yogurt products that appeal to health-conscious and indulgence-seeking consumers alike.
In contrast, the Asia Pacific region is experiencing rapid market growth, driven by urbanization, rising disposable incomes, and changing dietary habits that favor the inclusion of dairy-based products. This region presents significant opportunities for market expansion as consumers increasingly seek convenient and nutritious food options. Similarly, Latin America, the Middle East, and Africa are emerging markets where economic development and evolving consumer preferences are fueling demand for dairy desserts and yogurt products. These regions are witnessing a gradual shift towards more diversified and sophisticated diets, supported by expanding retail infrastructure and increasing awareness of the nutritional benefits of dairy products. As global dietary habits continue to evolve, the Global Dairy Dessert and Yogurt Market is well-positioned for ongoing growth and innovation, addressing the dynamic needs of consumers worldwide.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Dairy Dessert and Yogurt Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Health and Wellness Trends
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Product Innovation and Variety-Product innovation and variety are key drivers in many industries, serving as a critical means for companies to meet the evolving needs and preferences of consumers. Innovation involves introducing new or significantly improved products, while variety refers to offering diverse options to cater to a broad range of customer tastes and requirements. Together, they help businesses differentiate themselves in competitive markets, attract new customers, and retain existing ones by offering solutions that stand out in terms of functionality, design, and usability.
The importance of product innovation and variety lies in their ability to address dynamic market demands. For instance, technological advancements, changing lifestyles, and increased consumer awareness often necessitate the development of innovative products. Simultaneously, providing a variety of options ensures that customers with different needs, budgets, or preferences can find suitable solutions within a company’s offerings. This approach not only enhances customer satisfaction but also strengthens brand loyalty by fostering a perception of adaptability and responsiveness to consumer trends.
From a business perspective, investing in product innovation and variety can lead to increased revenue streams and market share. Companies that consistently innovate and expand their product lines can capitalize on emerging trends and establish themselves as industry leaders. Additionally, this strategy allows businesses to mitigate risks by diversifying their product portfolio, reducing dependence on any single offering. In summary, product innovation and variety are powerful tools that enable companies to stay competitive, meet customer expectations, and drive sustainable growth Increasing awareness of health and wellness is driving the demand for dairy desserts and yogurts rich in probiotics, vitamins, and other essential nutrients. Consumers are increasingly opting for products that offer both indulgence and health benefits, such as Greek yogurt, low-fat dairy desserts, and products fortified with additional nutrients.
Restraints:
- Lactose Intolerance and Dietary Restrictions
- Fluctuating Raw Material Prices- Fluctuating raw material prices are a significant restraint for industries that rely heavily on specific inputs for production. These fluctuations often stem from unpredictable factors such as geopolitical tensions, natural disasters, currency exchange rate volatility, and changes in supply and demand dynamics. For instance, industries dependent on metals, chemicals, or agricultural commodities may face steep price variations, making it challenging to forecast costs and plan budgets effectively. Such unpredictability can disrupt production schedules and hinder a company's ability to meet market demand reliably.
Additionally, fluctuating raw material prices can significantly impact profit margins, especially for businesses that operate on tight budgets or rely on bulk procurement. When raw material costs rise unexpectedly, companies may struggle to pass the increased costs onto consumers without losing their competitive edge. Conversely, during periods of declining raw material prices, firms may experience inventory devaluation, leading to financial losses. These dynamics often force companies to adopt strategic measures like hedging, long-term supplier contracts, or diversifying their raw material sources, which add complexity to operations.
From a broader perspective, this restraint not only affects individual businesses but also has ripple effects on entire supply chains and industries. Manufacturers may delay or reduce production, leading to supply shortages and price hikes for finished goods. Additionally, uncertainty in raw material pricing can deter investments in certain sectors, especially for startups or companies exploring innovative but resource-intensive technologies. Addressing this challenge requires collaborative efforts, including enhanced transparency in pricing, efficient resource management, and robust government policies to stabilize critical commodity markets.
Opportunities
- Expansion into Emerging Markets
- Sustainable and Eco-Friendly Packaging- The growing demand for sustainable and eco-friendly packaging presents a significant opportunity for businesses across industries. With increasing awareness of environmental issues, consumers are actively seeking products that align with their values, including reduced carbon footprints and waste. Companies that adopt sustainable packaging can differentiate themselves, appeal to environmentally conscious customers, and potentially charge premium prices. Furthermore, eco-friendly packaging can enhance brand loyalty as customers prioritize supporting businesses that demonstrate responsibility towards the planet.
Regulatory support is also driving the transition towards sustainable packaging, creating a favorable market environment. Governments worldwide are implementing stricter regulations to curb plastic waste and promote recyclability, pushing businesses to innovate and adopt sustainable practices. Companies that proactively embrace such packaging solutions can gain a competitive edge, securing partnerships with retailers and distributors who prioritize sustainability in their supply chains. Compliance with these standards also mitigates risks of penalties, ensuring smoother operations.
Finally, sustainable packaging offers technological and design innovation opportunities, encouraging businesses to invest in new materials and methods. Biodegradable materials, reusable packaging, and minimalist designs are gaining traction as cost-effective and eco-friendly alternatives. By investing in R&D for such solutions, businesses can achieve long-term cost savings and operational efficiencies. As the global focus on sustainability intensifies, companies embracing this trend will not only improve their environmental impact but also position themselves as pioneers in a rapidly evolving market.
Competitive Landscape Analysis
Key players in Global Dairy Dessert and Yogurt Market include:
- Unilever
- Nestl
- Dunkin' Brands
- Kahala Brands
- Berkshire Hathaway
- Kemps
- Menchie's
- ConAgra Foods
- Dannon
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Flavor
- Market Snapshot, By Packaging Material
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Dairy Dessert and Yogurt Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Health and Wellness Trends
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Product Innovation and Variety
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- Restraints
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Lactose Intolerance and Dietary Restrictions
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Fluctuating Raw Material Prices
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- Opportunities
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Expansion into Emerging Markets
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Sustainable and Eco-Friendly Packaging
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Dairy Dessert and Yogurt Market, By Type, 2021 - 2031 (USD Million)
- Ice Cream
- Frozen Yogurt
- Custard
- Pudding
- Others
- Global Dairy Dessert and Yogurt Market, By Flavor, 2021 - 2031 (USD Million)
- Chocolate
- Strawberry
- Vanilla
- Caramel
- Others
- Global Dairy Dessert and Yogurt Market, By Packaging Material, 2021 - 2031 (USD Million)
- Glass
- Plastic
- Paper
- Global Dairy Dessert and Yogurt Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Online Retail
- Supermarket/Hypermarket
- Specialty Stores
- Departmental Stores
- Others
- Global Dairy Dessert and Yogurt Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Dairy Dessert and Yogurt Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Unilever
- Nestlé
- Dunkin Brands
- Kahala Brands
- Berkshire Hathaway
- Kemps
- Menchie's
- ConAgra Foods
- Dannon
- Company Profiles
- Analyst Views
- Future Outlook of the Market