Market Overview:
The global dry yogurt market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to various factors such as rising awareness about the health benefits of consuming yogurt, increasing demand for healthy and convenient food options, and growing number of online retail platforms. The global dry yogurt market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into skimmed dry yogurt, semi-skimmed dry yogurt, and whole dry yogurt. On the basis of application, the market is segmented into traditional retail and online retail. The traditional retail segment dominates this market owing to higher consumer trust in brick-and-mortar stores over online stores for food products purchase decisions.
Product Definition:
Dry yogurt is a dairy product that has been reduced to a powder form. It is used as a food additive, flavoring agent, and thickener.
Skimmed Dry Yogurt:
Skimmed dry yogurt is a product that has had most of its water content removed through ultra-filtration or vacuum filtration. Skimmed dry yogurts are usually around 30% protein and 70% fat free. They contain all the essential ingredients to make a regular yogurt apart from the water content, which makes it an attractive option for consumers who are lactose intolerant or allergic to milk proteins.
Semi-skimmed Dry Yogurt:
Semi-skimmed dry yogurt is a type of yogurt that contains less than the standard amount of fat required to make it creamy. It has a lower fat content and therefore, is considered healthy for consumption. The product was first introduced in Europe and North America, where consumers were aware of its health benefits.
Application Insights:
The traditional retail segment dominated the global dry yogurt market in 2017, accounting for over 60.0% share of the overall revenue. The segment is expected to witness significant growth on account of rising consumer disposable income and changing lifestyle, especially in developing countries including India and China. Moreover, increasing penetration of supermarkets is expected to drive demand for various dairy products including dry yogurts over the forecast period as consumers prefer buying these products directly from stores due to their availability at economical prices compared to hypermarkets or supermarkets which sell them at higher costs.
Online retailing has gained significant traction across the globe owing to its convenience and ease coupled with economic pricing structure offered by e-retailers which attracts a large customer base looking out for daily use yogurts across various regions globally.
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 30.0% in 2017. The growth is attributed to the high consumption of dairy products, which are considered to be healthy and nutritious among the European consumers. Moreover, rising demand for lactose-free dairy products has been driving the regional market over the past few years.
Asia Pacific is expected to witness significant growth during forecast period owing to increasing awareness about yogurt as a health product and its benefits among millennials in countries such as India and China along with other South Asian economies such as Sri Lanka, Bangladesh, Pakistan, and Afghanistan. Furthermore, growing urbanization leading to an increase in disposable income will also support regional demand for yogurt during forecast period from 2018 to 2030 (Ref: Food & Agriculture Organization (FAO) World Agricultural Outlook (WEO) database).
Growth Factors:
- Increasing demand for healthy and nutritious food products.
- Rising awareness about the health benefits of consuming dry yogurt.
- Growing number of health-conscious consumers.
- Rapid urbanization and changing lifestyles in developing countries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dry Yogurt Market Research Report
By Type
Skimmed Dry Yogurt, Semi-skimmed Dry Yogurt, Whole Dry Yogurt
By Application
Traditional Retail, Online Retail
By Companies
Glanbia Nutritionals, Epi Ingredients, Ace International LLP, Almil AG, Kerry Inc., PreGel America, Inc., C.P. Ingredients Ltd., Bluegrass Dairy & Food, Inc., Dr. Suwelack, Armor Protéines, Prolactal GmbH, Bempresa Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Dry Yogurt Market Report Segments:
The global Dry Yogurt market is segmented on the basis of:
Types
Skimmed Dry Yogurt, Semi-skimmed Dry Yogurt, Whole Dry Yogurt
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Traditional Retail, Online Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Glanbia Nutritionals
- Epi Ingredients
- Ace International LLP
- Almil AG
- Kerry Inc.
- PreGel America, Inc.
- C.P. Ingredients Ltd.
- Bluegrass Dairy & Food, Inc.
- Dr. Suwelack
- Armor Protéines
- Prolactal GmbH
- Bempresa Ltd.
Highlights of The Dry Yogurt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Skimmed Dry Yogurt
- Semi-skimmed Dry Yogurt
- Whole Dry Yogurt
- By Application:
- Traditional Retail
- Online Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dry Yogurt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dry yogurt is a type of yogurt that does not contain any added water or milk. It is made by dehydrating the milk until it becomes a powder, which is then mixed with other ingredients and formed into balls or bars.
Some of the major companies in the dry yogurt market are Glanbia Nutritionals, Epi Ingredients, Ace International LLP, Almil AG, Kerry Inc., PreGel America, Inc., C.P. Ingredients Ltd., Bluegrass Dairy & Food, Inc., Dr. Suwelack, Armor ProtƒÂ©ines, Prolactal GmbH, Bempresa Ltd..
The dry yogurt market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dry Yogurt Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dry Yogurt Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dry Yogurt Market - Supply Chain
4.5. Global Dry Yogurt Market Forecast
4.5.1. Dry Yogurt Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dry Yogurt Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dry Yogurt Market Absolute $ Opportunity
5. Global Dry Yogurt Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Dry Yogurt Market Size and Volume Forecast by Type
5.3.1. Skimmed Dry Yogurt
5.3.2. Semi-skimmed Dry Yogurt
5.3.3. Whole Dry Yogurt
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dry Yogurt Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Dry Yogurt Market Size and Volume Forecast by Application
6.3.1. Traditional Retail
6.3.2. Online Retail
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dry Yogurt Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Dry Yogurt Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Dry Yogurt Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Dry Yogurt Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Dry Yogurt Demand Share Forecast, 2019-2026
9. North America Dry Yogurt Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Dry Yogurt Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Dry Yogurt Market Size and Volume Forecast by Application
9.4.1. Traditional Retail
9.4.2. Online Retail
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dry Yogurt Market Size and Volume Forecast by Type
9.7.1. Skimmed Dry Yogurt
9.7.2. Semi-skimmed Dry Yogurt
9.7.3. Whole Dry Yogurt
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Dry Yogurt Demand Share Forecast, 2019-2026
10. Latin America Dry Yogurt Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Dry Yogurt Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Dry Yogurt Market Size and Volume Forecast by Application
10.4.1. Traditional Retail
10.4.2. Online Retail
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dry Yogurt Market Size and Volume Forecast by Type
10.7.1. Skimmed Dry Yogurt
10.7.2. Semi-skimmed Dry Yogurt
10.7.3. Whole Dry Yogurt
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Dry Yogurt Demand Share Forecast, 2019-2026
11. Europe Dry Yogurt Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Dry Yogurt Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Dry Yogurt Market Size and Volume Forecast by Application
11.4.1. Traditional Retail
11.4.2. Online Retail
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dry Yogurt Market Size and Volume Forecast by Type
11.7.1. Skimmed Dry Yogurt
11.7.2. Semi-skimmed Dry Yogurt
11.7.3. Whole Dry Yogurt
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.1.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dry Yogurt Demand Share, 2019-2026
12. Asia Pacific Dry Yogurt Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Dry Yogurt Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Dry Yogurt Market Size and Volume Forecast by Application
12.4.1. Traditional Retail
12.4.2. Online Retail
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dry Yogurt Market Size and Volume Forecast by Type
12.7.1. Skimmed Dry Yogurt
12.7.2. Semi-skimmed Dry Yogurt
12.7.3. Whole Dry Yogurt
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Dry Yogurt Demand Share, 2019-2026
13. Middle East & Africa Dry Yogurt Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Dry Yogurt Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Dry Yogurt Market Size and Volume Forecast by Application
13.4.1. Traditional Retail
13.4.2. Online Retail
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dry Yogurt Market Size and Volume Forecast by Type
13.7.1. Skimmed Dry Yogurt
13.7.2. Semi-skimmed Dry Yogurt
13.7.3. Whole Dry Yogurt
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Dry Yogurt Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dry Yogurt Market: Market Share Analysis
14.2. Dry Yogurt Distributors and Customers
14.3. Dry Yogurt Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Glanbia Nutritionals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Epi Ingredients
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ace International LLP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Almil AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kerry Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PreGel America, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. C.P. Ingredients Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bluegrass Dairy & Food, Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dr. Suwelack
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Armor Protéines
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Prolactal GmbH
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bempresa Ltd.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
