Now Available Greek Yogurt Market Forecast And Growth 2022

According to a study by Fact.MR, the global market for Greek yogurt is estimated to reach US$ 7,618.4 million revenues by the end of 2022. The market is expected to witness a healthy growth due to the increasing consumption of Greek yogurt packed with probiotics which fights various health issues and boost the immune system. Manufacturers of Greek yogurt have started focusing on using various techniques and methods to increase the shelf life of the product and minimizing the risk of contamination.

High in calcium, potassium, and probiotics, Greek yogurt is being consumed on a large scale as a substitute for sour cream, mayonnaise, cream cheese and butter. Although consumers prefer the plain, fat-free and low-fat version of Greek yogurt, manufacturers are experimenting with new flavors, while still offering clean label and healthy ingredient. Manufacturers are also focusing on producing dried Greek yogurt powder to expand its application in other products such as soups, sauces, smoothies, protein shakes, etc., thereby offering an opportunity to various food and beverage manufacturers to add Greek yogurt to their products, and eliminating the risk of handling fresh yogurt products.

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Competition Tracking

The report provides detailed profile of the companies that are expected to remain active in the expansion of global Greek yogurt market through 2022, which include General Mills, Inc., Danone, Nestlé S.A., Cabot Corporation, The Hain Celestial Group, Inc., Trader Joe’s Company, Chobani, LLC, FAGE International S.A., Wallaby Yogurt Company, Inc., and Vivartia Holding S.A.

Spoonable Greek Yogurt- Highly Preferred Product

Compared to the drinkable Greek Yogurt, spoonable Greek yogurt is expected to emerge as one of the most preferred Greek yogurt product. Spoonable Greek yogurt is expected to witness impressive growth, surpassing US$ 5,500 million revenue by the end of 2022. Meanwhile, drinkable Greek yogurt is projected to create an incremental opportunity of over US$ 600 million during the forecast period, 2017-2022.

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Greek Yogurt in Cups and Tubs to Gain Maximum Revenue Share

Greek yogurt in cups and tubs is projected to account for more than two-third revenue share by the end of 2017. Cups and tubs Greek yogurt packages are estimated to reach nearly US$ 5,000 million revenue by 2022 end. Meanwhile, Greek yogurt in bottles is also expected to experience robust growth during the forecast period.

High Sales through Modern Trade

Accounting for more than two-fifth of the revenue share by the end of 2017, modern trade is expected to emerge as one of the most lucrative sales channels in the Greek yogurt market. Modern trade is projected to create an incremental opportunity of more than US$ 900 million during 2017-2022.

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Conventional Greek Yogurt to Witness Robust Growth

Conventional Greek yogurt is estimated to reach nearly US$ 5,200 million value by 2022 end. Experiencing impressive growth, conventional Greek yogurt is projected to account for more than two-third of the revenue share by the end of 2017.

Table of COntents COvered in this report are:

1. Global Greek Yogurt Market – Executive Summary

2. Global Greek Yogurt Market Overview
2.1. Introduction
2.1.1. Global Greek Yogurt Market Taxonomy
2.1.2. Global Greek Yogurt Market Definition
2.2. Global Greek Yogurt Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Greek Yogurt Market Y-o-Y Growth
2.3. Global Greek Yogurt Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

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3. Global Greek Yogurt Market Analysis and Forecast By Product Type 
3.1. Global Greek Yogurt Market Size and Forecast By Product Type, 2012-2022
3.1.1. Spoonable Greek Yogurt Greek Yogurt Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Drinkable Greek Yogurt Greek Yogurt Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

4. Global Greek Yogurt Market Analysis and Forecast By Package Type 
4.1. Global Greek Yogurt Market Size and Forecast By Package Type, 2012-2022
4.1.1. Cups and Tubs Greek Yogurt Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Bottles Greek Yogurt Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Others Greek Yogurt Market Size and Forecast, 2012-2022
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region

5. Global Greek Yogurt Market Analysis and Forecast By Sales Channel 
5.1. Global Greek Yogurt Market Size and Forecast By Sales Channel, 2012-2022
5.1.1. Modern Trade Greek Yogurt Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region
5.1.2. Speciality Store Greek Yogurt Market Size and Forecast, 2012-2022
5.1.2.1. Revenue (US$ Mn) Comparison, By Region
5.1.2.2. Market Share Comparison, By Region
5.1.2.3. Y-o-Y growth Comparison, By Region
5.1.3. Convenience Store Greek Yogurt Market Size and Forecast, 2012-2022
5.1.3.1. Revenue (US$ Mn) Comparison, By Region
5.1.3.2. Market Share Comparison, By Region
5.1.3.3. Y-o-Y growth Comparison, By Region
5.1.4. Online Retailers Greek Yogurt Market Size and Forecast, 2012-2022
5.1.4.1. Revenue (US$ Mn) Comparison, By Region
5.1.4.2. Market Share Comparison, By Region
5.1.4.3. Y-o-Y growth Comparison, By Region
5.1.5. Others Greek Yogurt Market Size and Forecast, 2012-2022
5.1.5.1. Revenue (US$ Mn) Comparison, By Region
5.1.5.2. Market Share Comparison, By Region
5.1.5.3. Y-o-Y growth Comparison, By Region

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Sneha Varghes

Sneha Varghese is an experienced food & beverage consultant. She covers the latest trends and analysis impacting the food & beverages industry, informing and educating audiences through her writing.

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