This Greek yogurt market report provides a detailed competitive analysis, including market share breakdowns and company profiles of key industry players. It utilizes various analytical frameworks such as SWOT analysis, Porter’s Five Forces, and industry value chain analysis to offer a comprehensive view of the market landscape. The report also highlights ongoing research and development activities, as well as the increasing demand for new products and applications in the Greek yogurt sector.

Forecasts indicate strong growth for the Greek yogurt market, with expectations of surpassing previous records in terms of market value, driven by a robust compound annual growth rate (CAGR) during the forecast period. The report also features extensive primary research, along with qualitative and quantitative analyses from industry experts and key opinion leaders, providing deeper insights into market dynamics and trends.

Data Bridge Market Research analyzes that the greek yogurt market was valued at USD 9.22 billion in 2023 and is expected to reach the value of USD 19.86 billion by 2031, at a CAGR of 11.05% during the forecast period of 2024-2031.

Definition

Greek yoghurt, also known as yoghurt cheese or sack yoghurt, is made by straining curd and separating it from the liquid whey. Compared to regular curd, the straining process makes the yoghurt thicker and creamier. Greek yoghurt has a high protein, calcium, and vitamin-B content, probiotic properties and a low carbohydrate content.

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Key Growth Drivers:

Rising popularity of low-fat and weight management products

One of the key factors driving the market is a shift in consumer health consciousness and dietary preferences toward healthy and nutrient-rich food products. Greek yoghurt has grown in popularity among consumers as the consumption of fat-free and weight-management products has increased. Greek yoghurt is widely used in the meal preparation and as a sweet snack mixed with fruits in countries such as the United States, Mexico, and Canada.

The report emphasizes the participation of key entities, notably:

  • Hansen Holding A/S (Denmark)
  • Yakult Honsha Co., Ltd (Japan)
  • Nestlé (Switzerland)
  • DuPont (U.S.)
  • MORINAGA & CO., L.T.D. (Japan)
  • BioGaia AB (Sweden)
  • Protexin (U.K.)
  • Daflorn Probiotics U.K. (U.K.)
  • DANONE (France)
  • Yakult U.S.A. Inc. (US)
  • Deerland Enzymes, Inc. (U.S.)
  • UAS Laboratories (U.S.)
  • Goerlich Pharma GmbH (Germany)
  • SANZYME BIOLOGICS PVT. LTD. (India)
  • DSM (Netherlands)
  • NutraScience Labs (U.S.)
  • Kerry Group plc (Ireland)
  • Lallemand Inc. (Canada)
  • Lonza (Switzerland)
  • Winclove Probiotics (Netherlands)
  • Probi (Sweden)


Key Market Perspectives:

  • Thorough examination of prevailing market tendencies
  • Updates on the latest product advancements and innovations
  • Greek yogurt marketCompound Annual Growth Rate (CAGR) for both historic and forecasted years
  • Strategies and activities of prominent players and brands in the field
  • Insights into the industry landscape for emerging participants

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Key Market Segmentation

Product (Full-Fat Greek Yogurt, De-Fat Greek Yogurt, Fat-Free Greek Yogurt), Flavor (Unflavored, Vanilla, Strawberry, Blueberry, Raspberry, Blends, Others), Category (Organic, Conventional), Application (Children, Adults)

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