Yogurt
has emerged as a healthy snacking alternative and its benefits in the
daily diet have been gaining global prominence. Yogurt boosts the
immune system, helps combat diarrhea and constipation, and provides
calcium. Yogurt is also being consumed by young adults to induce
weight loss. These factors are significantly driving the global and
North America yogurt market.
In
2012, the value of the North America yogurt market was pegged at
US$7.3 bn according to a report published by Transparency Market
Research. Developing at a steady 8.20% CAGR from 2013 to 2019, this
market is anticipated to reach US$11.7 bn by 2019. This market is
driven by a number of factors including greater demand for dairy
products, higher disposable incomes, changing diets, and growing
population. The North America yogurt market is geographically divided
into the US, Canada, and Mexico.
Browse
full Yogurt
Market
report
at:http://www.transparencymarketresearch.com/yogurt-market.html
High
Potential in Expanding US Yogurt Market
Compared
to the per capita yogurt consumption in other countries, the US
market seems to be at an infancy stage. However, rising consumer
needs for convenience, nutrition, and taste, increasing competition,
and new product introductions are anticipated to remarkably boost the
yogurt market in the US, according to industry experts. One of the
latest product categories in this market is Greek yogurt, which has
given rise to a lot of activity and excitement in the yogurt segment.
Over the past few years, this product has witnessed tremendous growth
with players such as Chobani catering to the changing tastes of the
American consumer. The positive performance of the Greek yogurt
category has paved the way for many other international-styled
products such as Icelandic-style and Australian-style yogurts to
venture into the US yogurt market.
Canada
Yogurt Market to Record Strong Growth
Yogurt
and yogurt products, including spoonable and drinkable variants,
continue to witness strong growth in Canada. Yogurt forms one of the
most dynamic and rapidly developing segments in the dairy industry in
Canada. This market is characterized by variety and freshness of
product, which shapes consumer demand. Canada forms a highly
competitive and mature marketplace for yogurt, marked by realignment
of brand portfolio, divestitures, acquisitions, and entry of new
segments. Online grocery retail is also anticipated to grow in the
coming years, thanks to the development of the click-and-collect
model. The vendor landscape of the Canada yogurt market is led by
Danone Canada that like the US, is focusing on Greek yogurt.
Request
a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1043
Mexico
to Emerge as Next Big Yogurt Market
Even
though the US forms the largest yogurt market in North America,
Mexico is anticipated to emerge as a strong contender thanks to a
surging demand for dairy and dairy products. Improving diet choices,
increasing population, and rise in disposable incomes are the main
factors fueling the demand for yogurt in Mexico. This future yogurt
boom in the country is predicted to benefit Monterrey, Mexico-based
Sigma Alimentos, whose range of formats and flavors under the Yoplait
brand have attracted young consumers. The leading Yoplait products in
Mexico include Yoplait Placer products, Yoplait Disfruta
fruit-on-the-bottom varieties, and Yoplait Griego Greek-style yogurt.
Paris-based Groupe Danone is another major manufacturer catering to
the rising yogurt demand in Mexico with its drinkable varieties for
children.Some of the top players competing in the North America
yogurt market are Grupo Alpura, Groupe Danone S.A., Fage S.A.,
Chobani Inc., Nestle SA, and General Mills Inc.
Browse
the
Article
: http://www.transparencymarketresearch.com/article/yogurt-market.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.
Atil Chaudhari
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
No comments:
Post a Comment