Probiotic Yogurt Market will reach at a CAGR of 6.86% During 2019-2029 | Future Market Insights

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Probiotic Yogurt Market will reach at a CAGR of
6.86 During 2019-2029 Future Market Insights

• March 2020

Report Id REP-GB-3259 Published On
03-May-2019 Category Food and Beverages
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Probiotic Yogurt Market Analysis
Probiotic yogurt sales closed in on US 20
billion in 2018, which are likely to increase at
a healthy pace over the coming years. A new
research intelligence report of Future Market
Insights (FMI) envisages over 6 Y-o-Y growth in
the probiotic yogurt market revenues, in 2019.
Spoonable probiotic yogurt continues to attract
more than 3/4th of total revenues, when compared
to drinkable probiotic yogurt products. Increasin
g being perceived as a healthy snack owing to the
presence of a balanced source of proteins,
carbohydrates, fats, minerals, and vitamins,
probiotic yogurt is enjoying billowing sales
prominently because of the gut-friendly flora
that plays a crucial role in healthy digestion.
The rich nutritional profile of probiotic yogurt
prominently supports weight loss, blood sugar and
cholesterol regulation, and bone density
improvement.
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Probiotic Yogurt Market Analysis
While these health benefits continue to elevate
the scope of penetration for probiotic yogurt and
similar products, the widespread availability in
a multitude of flavors is currently among the
most significant factors boosting probiotic
yogurt sales in the market. Innovations such as
mix fruit yogurt, and high-fiber or high-protein
yogurt are likely to further translate into
increase in the popularity of probiotic yogurt
among health-conscious population. Sales of
Plant-based Probiotic Yogurt to Proliferate A
majority of probiotic yogurt consumption is
animal-based, according to the report. However,
with the trends of vegetarianism and veganism
significantly influencing sales of various FB
products, it is highly likely that the sales of
probiotic yogurt will remain impacted by these
trends. The report suggests that the demand for
plant-based probiotic yogurt will rise in
forthcoming years, on the back of robust
popularity of animal-based probiotic yogurt.
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Probiotic Yogurt Market Analysis
According to Genetics Home Reference, after
infancy, around 65 of the global human
population has a decreased ability to digest
lactose, which is a more commonplace condition
across East Asia and Western Africa. Key players
in the probiotic yogurt market are thus focusing
on developing plant-based probiotic yogurt
products to capture the expanding
lactose-intolerant as well as vegan
population. RD to Remain Key Focus Area for
Manufacturers In the backdrop of intense
competition among leading players active in the
probiotic yogurt industry, some of the key
companies are focusing their strategies to align
with the current market trends. The worldwide
vegan population has showcased 4X expansion over
2012-2017, which reflects a strong rate of growth
in the trend of veganism. Augmenting investments
in research and development of innovative vegan
probiotic yogurt will be thus an important
strategy adopted by manufacturers, according to
FMI's study.
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Probiotic Yogurt Market Analysis
Low-Sugar Low-Fat Products to Attract Wider
Consumer Base With the increase in
health-awareness among consumers, there has been
a significant change in the lifestyle and
consumption patterns. Consumers are demanding
product insights and specifications to keep a
track of their calorie intake. Moreover, the
preference low-sugar and low-/no fat products is
increasing. At the same time, compromise on the
taste. Thus, key market players are trying to
develop low fat and zero fat probiotic yogurt in
a variety of different flavors to enlarge their
customer base. FMI's analysis indicates that
besides Europe and North America, the probiotic
yogurt market in China has also been
demonstrating impressive growth scenario over the
recent past. Whereas, the evolving dietary
patterns and rising consumer proclivity for
nutritionally rich food products is highly likely
to account for the strong demand growth outlook
estimated for the Asia Pacific region.
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Probiotic Yogurt Market Analysis

• Source Link https//www.prnewswire.com/news-relea
  ses/probiotic-yogurt-market-will-exhibit-a-steady-
  6-86-cagr-through-2029---future-market-insights-30
  0844075.html
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• About Us
• Future Market Insights (FMI) is a leading market
  intelligence and consulting firm. We deliver
  syndicated research reports, custom research
  reports and consulting services which are
  personalized in nature. FMI delivers a complete
  packaged solution, which combines current market
  intelligence, statistical anecdotes, technology
  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
  market trends.

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Probiotic Yogurt Market Analysis
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