Global Yogurt Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Flavor;

Plain Yogurt and Flavored Yogurt.

By Distribution Channel;

Foodservice Channels, Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn704588930 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Yogurt Market (USD Million), 2021 - 2031

In the year 2024, the Global Yogurt Market was valued at USD 111,581.13 million. The size of this market is expected to increase to USD 161,240.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

The global yogurt market has experienced robust growth driven by increasing consumer awareness of its health benefits and versatility as a nutritious food option. Yogurt, known for its probiotic content that promotes digestive health, has evolved beyond traditional dairy-based products to include a wide array of formulations catering to diverse dietary preferences and lifestyles. This evolution has fueled its popularity as a convenient and accessible source of protein, calcium, and essential vitamins, appealing to health-conscious consumers globally.

One of the primary drivers of growth in the global yogurt market is the rising demand for functional foods that offer health benefits beyond basic nutrition. Probiotic yogurt, in particular, has gained traction due to its ability to improve gut health and strengthen the immune system. This trend aligns with broader consumer preferences for foods that support overall well-being and digestive wellness, driving innovation in yogurt formulations that incorporate different probiotic strains and health-enhancing ingredients.

The market has witnessed a surge in yogurt variants tailored to accommodate diverse dietary preferences, such as lactose-free, vegan, and gluten-free options. These products cater to consumers with specific dietary restrictions or preferences, expanding the market reach of yogurt beyond traditional demographics. Moreover, yogurt's versatility as a base ingredient in smoothies, desserts, and savory dishes has contributed to its appeal across culinary cultures worldwide, fostering creativity and innovation in product development.

North America and Europe lead the global yogurt market, supported by established consumer preferences for yogurt as a healthy snack or meal component. These regions benefit from well-developed dairy industries, strong retail networks, and robust consumer education on the nutritional benefits of yogurt consumption. In contrast, Asia-Pacific and Latin America are emerging markets witnessing rapid adoption of yogurt due to increasing disposable incomes, urbanization, and a growing inclination towards Western dietary habits that include yogurt as a staple food item.

The global yogurt market is poised for continued expansion driven by ongoing innovations in product formulation, packaging, and distribution channels. Manufacturers are focusing on enhancing product diversity, improving shelf life, and meeting sustainability goals to align with consumer expectations and regulatory standards. As consumer awareness of yogurt's health benefits grows and dietary preferences evolve, the market landscape for yogurt is expected to remain dynamic, offering ample opportunities for growth and market differentiation among industry stakeholders.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Flavor
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Yogurt Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing consumer awareness of health benefits associated with yogurt consumption
        2. Growing demand for convenient and nutritious snack options
        3. Expansion of yogurt product lines to include diverse flavors and formulations
        4. Rising popularity of yogurt as a versatile ingredient in culinary applications
      2. Restraints
        1. Competition from alternative dairy and non-dairy products like plant-based yogurts
        2. Fluctuations in raw material prices, such as milk and fruit for flavored yogurts
        3. Regulatory challenges related to food safety and labeling requirements
        4. Economic uncertainties impacting consumer spending on premium yogurt products
      3. Opportunities
        1. Innovation in probiotic yogurt formulations targeting digestive health
        2. Expansion into emerging markets with increasing health consciousness
        3. Development of yogurt products catering to lactose-free and vegan dietary preferences
        4. Strategic partnerships with retailers and food service providers to expand market reach
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Yogurt Market, By Flavor, 2021 - 2031 (USD Million)
      1. Plain Yogurt
      2. Flavored Yogurt
    2. Global Yogurt Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Foodservice Channels
      2. Supermarkets/Hypermarkets
      3. Convenience Stores
      4. Online Retail Stores
      5. Other
    3. Global Yogurt Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. General Mills
      2. Nestle SA
      3. Chobani LLC
      4. Danone SA
      5. Grupo LALA
      6. China Mengniu Dairy Company Limited
      7. Hain Celestial Group
      8. Fonterra Co-operative Group
      9. FAGE USA Dairy Industry
  7. Analyst Views
  8. Future Outlook of the Market