Global Drinkable Yogurt Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Category;
Dairy-based yogurt and Non-dairy based yogurt.By Type;
Plain yogurt and Flavored yogurt.By Distribution Channel;
Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Drinkable Yogurt Market (USD Million), 2021 - 2031
In the year 2024, the Global Drinkable Yogurt Market was valued at USD 57,322.17 million. The size of this market is expected to increase to USD 84,834.54 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.
The global drinkable yogurt market has experienced significant expansion in recent years, driven by shifting consumer preferences towards healthier beverage options and the convenience of on-the-go nutrition. Drinkable yogurt, also known as yogurt smoothies or yogurt drinks, offers a convenient way to consume probiotics and essential nutrients, contributing to its popularity among health-conscious consumers.
One of the key drivers of growth in the drinkable yogurt market is its perceived health benefits. Yogurt is known for its probiotic content, which promotes gut health and digestion. As consumers increasingly prioritize health and wellness, drinkable yogurt serves as a convenient option that combines nutrition with hydration.
Another factor driving market expansion is the variety of flavors and formulations offered by manufacturers. Companies are innovating with different fruit flavors, low-sugar options, and fortified varieties that appeal to diverse consumer preferences. This product diversity helps in expanding market penetration across various demographic segments globally.
Geographically, the drinkable yogurt market is expanding across regions such as North America, Europe, Asia Pacific, and beyond. Emerging markets in Asia Pacific, Latin America, and the Middle East are witnessing rapid growth due to increasing disposable incomes, urbanization, and changing dietary habits.
Atrategic marketing initiatives and product innovations by key players in the dairy industry continue to fuel market growth. These efforts include promoting the nutritional benefits of drinkable yogurt through advertising campaigns and leveraging distribution networks to reach a wider consumer base.
The global drinkable yogurt market is poised for continued expansion driven by health trends, product innovation, expanding consumer demographics, and strategic market initiatives by industry players. This growth trajectory reflects a dynamic market responding to evolving consumer preferences for nutritious and convenient dairy-based beverages.
Global Drinkable Yogurt Market Recent Developments
-
In March 2018, Archway Food Group, with its brand Pillars, introduced drinkable Greek yogurt which contains probiotic live cultures as well as prebiotic fiber that boosts digestive health and is made up of stevia and non-GMO grass-fed cow milk that supports the natural claim.
-
In February 2019, Brainiac launched a line childrens’ yogurts product line. The initiative was taken to further expand the company’s product portfolio and make products available to a wider audience.
Segment Analysis
This report extensively covers different segments of Global Drinkable Yogurt Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
Global Drinkable Yogurt Segment Analysis
In this report, the Global Drinkable Yogurt Market has been segmented by Category, Type, Distribution Channel and Geography.
Global Drinkable Yogurt Market, Segmentation by Category
The Global Drinkable Yogurt Market has been segmented by Category into Dairy-based yogurt and Non-dairy based yogurt.
Dairy-based yogurt remains the predominant category within the market, leveraging the natural appeal of dairy products and their traditional association with probiotic benefits. This segment includes yogurt drinks made from cow's milk, often enriched with live cultures and fortified with vitamins and minerals to enhance nutritional value. Dairy-based drinkable yogurts are favored for their creamy texture and familiar taste, appealing to consumers seeking a wholesome dairy experience.
Non-dairy based yogurt represents a growing segment within the market, driven by increasing demand from lactose-intolerant individuals, vegans, and consumers looking for plant-based alternatives. These yogurts are typically made from sources like almond milk, soy milk, coconut milk, or oat milk, offering similar probiotic benefits as dairy-based options while catering to dietary restrictions and preferences. Manufacturers in this segment often innovate with flavors and formulations to enhance taste and nutritional profile, aiming to capture a broader market share.
Global Drinkable Yogurt Market, Segmentation by Type
The Global Drinkable Yogurt Market has been segmented by Type into Plain yogurt and Flavored yogurt.
Plain yogurt remains a cornerstone of the market, valued for its natural taste and versatility. Often marketed as a base for personalized additions like fruits, nuts, or sweeteners, plain yogurt appeals to health-conscious consumers seeking simplicity and control over their nutritional intake. It typically retains the probiotic benefits associated with yogurt while offering a neutral taste profile that can be customized to individual preferences.
Flavored yogurt represents a dynamic segment characterized by a wide range of flavors and sweetened varieties. These yogurts are enriched with fruit purees, syrups, or flavorings to enhance taste and appeal to consumers seeking indulgent or unique flavor experiences. Flavored drinkable yogurts cater to a broader demographic, including children and consumers looking for convenient yet satisfying snack options.
Global Drinkable Yogurt Market, Segmentation by Distribution Channel
The Global Drinkable Yogurt Market has been segmented by Distribution Channel into Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores and Others.
Supermarkets/Hypermarkets constitute a significant distribution channel for drinkable yogurt, offering a wide range of brands and flavors in one convenient location. These retail giants leverage their extensive shelf space and promotional activities to attract consumers seeking variety and competitive pricing. Supermarkets and hypermarkets are crucial for reaching mass-market consumers who prioritize convenience and product availability.
Convenience Stores play a vital role in the drinkable yogurt market by providing quick access to single-serve options and snacks for on-the-go consumers. These stores emphasize convenience and impulse purchases, stocking a selection of popular yogurt brands and flavors that cater to busy lifestyles. Convenience stores often capitalize on their strategic locations and extended operating hours to capture spontaneous purchases.
Specialty Stores cater to niche markets within the drinkable yogurt segment, offering curated selections of premium or specialized yogurt products. These stores focus on quality, uniqueness, and often emphasize organic, probiotic-rich, or artisanal yogurt varieties. Specialty stores attract discerning consumers who prioritize health benefits, unique flavors, or specific dietary preferences. Online Stores represent a rapidly growing distribution channel for drinkable yogurt, driven by increasing consumer preference for e-commerce convenience and home delivery options. Online platforms provide a vast assortment of yogurt products, personalized recommendations, and subscription services that appeal to tech-savvy consumers seeking convenience and customization in their shopping experience.
Global Drinkable Yogurt Market, Segmentation by Geography
In this report, the Global Drinkable Yogurt Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Drinkable Yogurt Market Share (%), by Geographical Region, 2024
North America holds a significant share in the global drinkable yogurt market, driven by widespread consumer awareness of health benefits associated with yogurt consumption. The region's market growth is fueled by innovations in flavors, packaging, and formulations that cater to evolving consumer preferences for convenient, nutritious dairy-based beverages. Additionally, the presence of major dairy companies and robust distribution networks further supports market expansion in this region. Europe represents another prominent market for drinkable yogurt, characterized by a strong tradition of dairy consumption and increasing demand for probiotic-rich products. Consumers in Europe favor yogurt as a versatile snack or breakfast option, contributing to steady market growth. Product diversification, including organic and lactose-free options, continues to drive consumer interest and market expansion across various European countries.
Asia Pacific is emerging as a rapidly growing region in the drinkable yogurt market, fueled by rising disposable incomes, urbanization, and changing dietary preferences. Countries like China, Japan, and India are witnessing increased consumption of dairy products, including yogurt, driven by health-conscious consumers seeking functional foods. Manufacturers are introducing localized flavors and packaging innovations to cater to diverse tastes and lifestyles, further boosting market growth in the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Drinkable Yogurt Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities
Drivers
- Health and Wellness Trends
- Convenience and Portability
-
Product Innovation: Manufacturers in the drinkable yogurt market are actively responding to consumer preferences by introducing a variety of innovations aimed at broadening their consumer base. One key area of innovation involves the development of new flavors and formulations. By offering a diverse range of flavors such as fruit blends, exotic flavors, and seasonal varieties, manufacturers cater to different taste preferences and attract a wider audience. This approach not only enhances product appeal but also encourages repeat purchases as consumers seek novel taste experiences.
There is a growing demand for healthier options among consumers, prompting manufacturers to develop formulations that meet specific dietary needs. This includes low-fat and fat-free varieties to appeal to health-conscious individuals looking to reduce their calorie intake without compromising on taste or nutritional value. Lactose-free options are also gaining traction, catering to lactose-intolerant consumers who seek dairy products that are easier to digest.
Restraints
- Price Sensitivity
- Perishability and Shelf Life
-
Competitive Market Landscape: The intense competition within the global drinkable yogurt market poses significant challenges, particularly in terms of pricing strategies and profitability. As numerous global and regional players vie for market share, competition often escalates into price wars where companies may lower prices aggressively to attract cost-conscious consumers. While this can stimulate short-term sales and market penetration, it also erodes profit margins for manufacturers and threatens long-term sustainability. Reduced profit margins limit resources available for research and development, marketing efforts, and innovation, which are critical for maintaining competitive edge and driving sustainable growth in the market.
Price wars can create a commoditization effect where consumers perceive drinkable yogurt products as interchangeable based primarily on price rather than quality or brand differentiation. This commoditization undermines brand loyalty and reduces consumer willingness to pay premium prices for differentiated products. Consequently, companies must carefully balance competitive pricing with maintaining perceived product value and brand equity to avoid compromising long-term profitability and market positioning. Effective differentiation through unique product offerings, superior quality, nutritional benefits, and strong brand image becomes essential in mitigating the adverse effects of intense price competition and sustaining growth in the competitive drinkable yogurt market landscape.
Opportunities
- Expansion in Emerging Markets
- Health and Wellness Positioning
-
Digital Marketing and E-commerce: Leveraging digital platforms and e-commerce channels presents significant opportunities for drinkable yogurt manufacturers to strengthen consumer engagement and expand market reach in today's digital age. By establishing a robust online presence, companies can directly interact with consumers, educate them about product benefits, and build brand loyalty through targeted digital marketing campaigns. Social media platforms, for instance, enable brands to engage with a diverse audience, share nutritional information, and respond promptly to consumer queries and feedback, fostering a more personalized and interactive brand experience.
E-commerce channels offer unparalleled convenience for consumers to purchase drinkable yogurt products anytime and anywhere. The ability to browse through a wide range of product offerings, read reviews, and compare prices online enhances consumer decision-making processes. For manufacturers, e-commerce provides a direct sales channel that bypasses traditional retail distribution channels, thereby reducing dependence on intermediaries and potentially increasing profit margins. Additionally, digital platforms facilitate data analytics and consumer insights, enabling companies to tailor marketing strategies, product offerings, and promotional campaigns based on real-time market trends and consumer preferences. By strategically leveraging digital platforms and e-commerce channels, drinkable yogurt manufacturers can not only enhance consumer engagement and brand visibility but also drive sales growth and capture new market opportunities in a digitally-driven marketplace.
Competitive Landscape Analysis
Key players in Global Drinkable Yogurt Market include
- Danone Groupe SA
- Chobani, LLC.
- Morinaga Nutritional Foods, Inc.
- General Mills Inc.
- Pillars Yogurt
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 Category
- Market Snapshot, By Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Drinkable Yogurt Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Health and Wellness Trends
- Convenience and Portability
- Product Innovation
- Restraints
- Price Sensitivity
- Perishability and Shelf Life
- Competitive Market Landscape
- Opportunities
- Expansion in Emerging Markets
- Health and Wellness Positioning
- Digital Marketing and E-commerce
- 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 Drinkable Yogurt Market, By Category, 2023 - 2033 (USD Million)
- Dairy-based yogurt
- Non-dairy based yogurt
- Global Drinkable Yogurt Market, By Type, 2023 - 2033 (USD Million)
- Plain yogurt
- Flavored yogurt
- Global Drinkable Yogurt Market, By Distribution Channel, 2023 - 2033 (USD Million)
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
- Global Drinkable Yogurt Market, By Geography, 2023 - 2033 (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 Drinkable Yogurt Market, By Category, 2023 - 2033 (USD Million)
- Competitive Landscape
- Company Profiles
- Danone Groupe SA
- Chobani, LLC.
- Morinaga Nutritional Foods, Inc.
- General Mills Inc.
- Pillars Yogurt
- Company Profiles
- Analyst Views
- Future Outlook of the Market