Market Overview:
The global citrus yogurt market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy and nutritious food products, especially among millennials. Additionally, the increasing penetration of supermarkets and hypermarkets, along with online retail channels, is also propelling the growth of this market. On the basis of type, dairy-based citrus yogurt is expected to account for a larger share in terms of revenue in 2018 as compared to non-dairy based citrus yogurt. However, non-dairy based citrus yogurt is projected to register a higher CAGR during the forecast period as it offers various health benefits over dairy-based variants such as lactose intolerance and cholesterol levels control. On the basis of application, restaurant segment accounted for majority share in terms revenue generated in 2017; however convenience store segment is projected grow at highest CAGR over next few years owing growing trend among consumers towards on-the go food options .
Product Definition:
Citrus yogurt is a type of yogurt that is made with citrus fruits. It has a tart, acidic flavor and is often used as a topping for desserts or breakfast foods.
Dairy:
Dairy is the secretion of milk from mammary glands through lactation. The dairy industry includes the production as well as processing of various types of milk and related products such as cheese, butter, cream, yogurt, etc.
Non-Dairy:
Non-dairy is a term used for products that are not derived from milk. These products include plant-based milk alternatives such as soy, almond, coconut and hemp. The global non-dairy market is expected to witness significant growth over the forecast period owing to increasing health consciousness among consumers and rising vegan population across the globe.
Soy dominated the global non-dairy product market in 2015 followed by almond and coconut due to high demand in Asia Pacific region.
Application Insights:
The restaurant segment held the largest share of over 70.0% in 2017. Over the past few years, there has been a significant increase in demand for fresh and healthy food products across various restaurants, including fast food joints and casual dining restaurants. As a result, yogurt is being incorporated as an ingredient in many different dishes to provide nutrition benefits along with taste and texture improvements. Furthermore, increasing health awareness among consumers is driving the application of citrus yogurt due to its ability to promote weight loss as well as improve digestive health without any negative side effects.
The hypermarket/supermarket segment is expected witness substantial growth over the forecast period owing to growing consumer preference for convenient shopping options that offer quality products at affordable prices coupled with rising disposable income levels across developing countries such as India & China.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for a share of more than 30%. The region is expected to continue its dominance over the forecast period. Europe has been witnessing increasing demand for dairy-free products, which is likely to benefit industry growth. Moreover, rising awareness regarding health and fitness among millennials will drive product demand further.
Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing to growing consumer awareness about healthy food products along with increasing per capita income in emerging economies such as China and India. Furthermore, changing lifestyles of consumers coupled with rising disposable income will boost product sales over the next eight years time frame.
Growth Factors:
- Increasing demand for healthy and nutritious food products.
- Rising awareness about the health benefits of citrus fruits.
- Growing popularity of yogurt as a healthy snack option among consumers.
- Innovative product offerings by manufacturers to cater to the changing preferences of consumers.
- Expansion of distribution channels for citrus yogurt products to reach a wider audience
Scope Of The Report
Report Attributes
Report Details
Report Title
Citrus Yogurt Market Research Report
By Type
Dairy, Non-Dairy
By Application
Restaurant, Hypermarket/Supermarket, Convenience Store, Online Retail, Others
By Companies
General Mills Inc, The Hain Celestial Group Inc, Nestle S.A., Daiya Foods Inc, Chobani LLC, Forager Project LLC, Kite Hill
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Citrus Yogurt Market Report Segments:
The global Citrus Yogurt market is segmented on the basis of:
Types
Dairy, Non-Dairy
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
Restaurant, Hypermarket/Supermarket, Convenience Store, Online Retail, Others
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:
- General Mills Inc
- The Hain Celestial Group Inc
- Nestle S.A.
- Daiya Foods Inc
- Chobani LLC
- Forager Project LLC
- Kite Hill
Highlights of The Citrus 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:
- Dairy
- Non-Dairy
- By Application:
- Restaurant
- Hypermarket/Supermarket
- Convenience Store
- Online Retail
- Others
- 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 Citrus 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
- Business Expansion Strategies
- 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?
Citrus yogurt is a type of yogurt that contains citrus flavors. It can be made with any type of citrus, including lemons, limes, oranges, and grapefruit.
Some of the key players operating in the citrus yogurt market are General Mills Inc, The Hain Celestial Group Inc, Nestle S.A., Daiya Foods Inc, Chobani LLC, Forager Project LLC, Kite Hill.
The citrus yogurt market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Citrus Yogurt Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Citrus Yogurt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Citrus Yogurt Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Citrus Yogurt Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Citrus Yogurt Market Size & Forecast, 2018-2028
4.5.1 Citrus Yogurt Market Size and Y-o-Y Growth
4.5.2 Citrus Yogurt Market Absolute $ Opportunity
Chapter 5 Global Citrus Yogurt Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Citrus Yogurt Market Size Forecast by Type
5.2.1 Dairy
5.2.2 Non-Dairy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Citrus Yogurt Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Citrus Yogurt Market Size Forecast by Applications
6.2.1 Restaurant
6.2.2 Hypermarket/Supermarket
6.2.3 Convenience Store
6.2.4 Online Retail
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Citrus Yogurt Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Citrus Yogurt Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Citrus Yogurt Analysis and Forecast
9.1 Introduction
9.2 North America Citrus Yogurt Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Citrus Yogurt Market Size Forecast by Type
9.6.1 Dairy
9.6.2 Non-Dairy
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Citrus Yogurt Market Size Forecast by Applications
9.10.1 Restaurant
9.10.2 Hypermarket/Supermarket
9.10.3 Convenience Store
9.10.4 Online Retail
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Citrus Yogurt Analysis and Forecast
10.1 Introduction
10.2 Europe Citrus Yogurt Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Citrus Yogurt Market Size Forecast by Type
10.6.1 Dairy
10.6.2 Non-Dairy
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Citrus Yogurt Market Size Forecast by Applications
10.10.1 Restaurant
10.10.2 Hypermarket/Supermarket
10.10.3 Convenience Store
10.10.4 Online Retail
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Citrus Yogurt Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Citrus Yogurt Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Citrus Yogurt Market Size Forecast by Type
11.6.1 Dairy
11.6.2 Non-Dairy
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Citrus Yogurt Market Size Forecast by Applications
11.10.1 Restaurant
11.10.2 Hypermarket/Supermarket
11.10.3 Convenience Store
11.10.4 Online Retail
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Citrus Yogurt Analysis and Forecast
12.1 Introduction
12.2 Latin America Citrus Yogurt Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Citrus Yogurt Market Size Forecast by Type
12.6.1 Dairy
12.6.2 Non-Dairy
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Citrus Yogurt Market Size Forecast by Applications
12.10.1 Restaurant
12.10.2 Hypermarket/Supermarket
12.10.3 Convenience Store
12.10.4 Online Retail
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Citrus Yogurt Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Citrus Yogurt Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Citrus Yogurt Market Size Forecast by Type
13.6.1 Dairy
13.6.2 Non-Dairy
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Citrus Yogurt Market Size Forecast by Applications
13.10.1 Restaurant
13.10.2 Hypermarket/Supermarket
13.10.3 Convenience Store
13.10.4 Online Retail
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Citrus Yogurt Market: Competitive Dashboard
14.2 Global Citrus Yogurt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Mills Inc
14.3.2 The Hain Celestial Group Inc
14.3.3 Nestle S.A.
14.3.4 Daiya Foods Inc
14.3.5 Chobani LLC
14.3.6 Forager Project LLC
14.3.7 Kite Hill
