Yogurt Market to Grow with a CAGR of 6.8% through 2030
The
yogurt market is expanding rapidly, fueled by rising health consciousness,
probiotic awareness, product innovations, and growing demand for convenient,
protein-rich, and sustainable options across diverse consumer segments.
According to
TechSci Research report, “Yogurt Market - Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the global yogurt market was valued at USD 127.86 Billion in 2024 and is expected
to reach USD 189.75 Billion by 2030 with a CAGR of 6.8% during the forecast
period. The global yogurt market is evolving within a dynamic environment
shaped by powerful growth drivers and pressing challenges. On one hand,
increasing consumer focus on balanced diets and the integration of yogurt into
daily eating habits beyond breakfast is expanding its role as a versatile food
choice. The surge in awareness around microbiome health and the role of
probiotics in improving immunity and overall wellness has further strengthened
yogurt’s positioning as a functional food, encouraging both regular consumption
and product experimentation. At the same time, innovations in texture, hybrid
formulations, and cultural fusion products are broadening yogurt’s appeal
across diverse consumer segments. However, the industry also faces obstacles
that temper growth momentum. Rising input costs from dairy supply fluctuations
put pressure on manufacturers to balance affordability with profitability,
while logistical issues such as refrigeration needs continue to complicate
distribution in regions with weaker infrastructure.
Moreover,
increasing competition from dairy-free and plant-based substitutes challenges
traditional yogurt brands to differentiate themselves while addressing shifting
consumer values around sustainability, ethics, and wellness. Environmental
concerns around packaging waste and regulatory scrutiny on product labeling
also require significant investment in compliance and eco-friendly solutions.
These intersecting forces are pushing the industry toward continuous
innovation, efficient supply chain management, and stronger sustainability
initiatives. Despite these hurdles, the yogurt market outlook remains positive,
as its adaptability and ability to align with evolving consumer expectations
make it one of the most resilient and opportunity-rich categories in the global
food and beverage sector.
Browse over xx
market data Figures spread through xx Pages and an in-depth TOC on
"Global Yogurt Market.”
The Yogurt Market
is segmented into type, form, packaging, sales channel and region.
Based
on sale channel, Supermarkets and hypermarkets dominate the distribution of
yogurt, benefiting from their wide product assortments, frequent promotional
campaigns, and ability to cater to impulse as well as planned purchases. These
outlets remain the leading channel, particularly in developed and urban markets
where large-scale retail infrastructure is well established. However, the
fastest-growing sales channel is online retail, fueled by the global boom in
e-commerce, digital payments, and doorstep delivery services. Online platforms
provide consumers with unparalleled convenience, subscription options, and
access to a broader range of yogurt brands and niche products not always
available in physical stores. Additionally, digital marketing, influencer
promotions, and targeted advertisements have amplified yogurt sales through
e-commerce platforms, especially among younger and tech-savvy consumers.
Convenience stores also remain important, catering to on-the-go consumption and
impulse buying in densely populated urban settings. Departmental stores and
other specialty outlets contribute to premium yogurt sales, offering organic,
artisanal, or plant-based variants. Ultimately, while supermarkets and
hypermarkets hold the largest share, online channels are redefining yogurt distribution
and emerging as the fastest-growing outlet, reshaping how consumers discover
and purchase yogurt products.
Based
on region, Asia-Pacific is the fastest-growing region in the global yogurt
market, fueled by rising health consciousness, increasing disposable incomes,
and rapid urbanization. Countries like China, India, and Japan are witnessing
surging demand for yogurt as a healthier alternative to traditional snacks and
desserts. Yogurt drinks, in particular, are extremely popular across the region
due to their convenience and suitability for on-the-go lifestyles. The growing
influence of Western dietary habits and strong e-commerce penetration further
drive growth. Asia-Pacific’s diverse consumer base and untapped potential make
it the most dynamic and promising regional market.
Major companies
operating in the global yogurt market are:
- Danone S.A.
- Gujarat Cooperative Milk Marketing Federation
- General Mills Inc.
- Parmalat S.p.A
- Dairy Farmers of America, Inc.
- Juhayna Food Industries
- Chobani LLC.
- Nestlé S.A.
- Britannia Industries Ltd.
- Arla Foods Group.
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“A
major trend transforming the yogurt industry is the rapid rise of plant-based
and non-dairy yogurt alternatives. With the increasing prevalence of lactose
intolerance, growing vegan populations, and heightened awareness around
sustainability, consumers are actively exploring dairy-free options. Yogurts
made from almond, soy, oat, coconut, and cashew bases are gaining traction due
to their perceived health benefits, lower environmental impact, and alignment
with ethical consumption habits. These products are no longer niche offerings;
they have entered mainstream retail channels and are being adopted by a wide
spectrum of consumers seeking variety or attempting to reduce dairy intake.
Beyond dietary restrictions, plant-based yogurts are often positioned as
lifestyle products that resonate with environmentally conscious and younger
demographics. Companies are investing heavily in improving taste, texture, and
nutrient content to match or surpass traditional dairy yogurts, fortifying them
with probiotics, calcium, and proteins to enhance their appeal. As the
plant-based movement continues to gain momentum globally, this trend is
expected to not only diversify product portfolios but also redefine category
competition, driving further innovation in ingredients and manufacturing
processes”, said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
Yogurt Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Flavored,
Unflavored), By Form (Conventional Yogurt, Greek Yogurt, Set Yogurt, Frozen
Yogurt, Yogurt Drinks, Others), By Packaging (Tetra
Packs, Bottles, Other), By Sales Channel (Supermarkets/Hypermarkets,
Convenience Stores, Departmental Stores, Online, Others ), By Region, & Competition, 2020-2030F”,
has evaluated the future growth potential of global yogurt market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global yogurt market.
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