GITNUX MARKETDATA REPORT 2024

Yogurt Drink Industry Statistics

The yogurt drink industry has been experiencing steady growth in recent years, with an increasing demand for healthier beverage options driving market expansion.

With sources from: transparencymarketresearch.com, business-standard.com, apnews.com, fortunebusinessinsights.com and many more

Statistic 1

The global yogurt drinks market was valued at $34.4 billion in 2019.

Statistic 2

The expected CAGR for the yogurt drinks market from 2020 to 2027 is 6.5%.

Statistic 3

Probiotic yogurt drinks are anticipated to register the fastest growth rate of 5.6% from 2020 to 2027.

Statistic 4

North America held the largest market share (32.52%) in the global yogurt drink sector in 2019.

Statistic 5

China is the largest consumer of yogurt drinks in the world.

Statistic 6

Danone is the company with the highest share in the global yogurt drinks market.

Statistic 7

The fruit-flavored yogurt drinks segment was the largest market share holder, accounting for over 46% of total market value in 2018.

Statistic 8

The demand for yogurt drinks is high amongst millennials, making up for 40% of the consumers.

Statistic 9

Supermarkets and Hypermarkets dominated the market with a share of over 58% in the yogurt drinks sector.

Statistic 10

Yogurt drinks are considered helpful for digestive health and hold the largest share in the clinical nutrition segment.

Statistic 11

Low fat and reduced-sugar yogurt drinks are expected to witness high growth rate in the near future due to changing consumer preferences.

Statistic 12

Organic yogurt drinks market is anticipated to grow by 12% in the next five years.

Statistic 13

The yogurt drinks market in Asia-Pacific region is expected to grow at a CAGR of 8.2% from 2020 to 2025.

Statistic 14

India is one of the fastest growing markets for yogurt drinks with a growth rate of 20% in 2019.

Statistic 15

The dairy alternative yogurt drinks market is projected to reach $3.5 billion by 2023.

Statistic 16

In U.S over 90% of households consume yogurt and yogurt drinks.

Statistic 17

Traditional yogurt drinks captured over 75% of the market share globally in 2019.

Statistic 18

Demand for Greek yogurt drinks is forecasted to grow by 7% between 2020 and 2027.

Statistic 19

The Middle East and Africa yogurt drinks market is projected to increase by 3.5% by 2023.

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In this post, we will explore key statistics and insights into the global yogurt drink industry. From market values and growth rates to consumer preferences and regional trends, the yogurt drinks market offers a fascinating landscape of data and opportunities. Join us as we delve into the latest statistics shaping the yogurt drink industry.

Statistic 1

"The global yogurt drinks market was valued at $34.4 billion in 2019."

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Statistic 2

"The expected CAGR for the yogurt drinks market from 2020 to 2027 is 6.5%."

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Statistic 3

"Probiotic yogurt drinks are anticipated to register the fastest growth rate of 5.6% from 2020 to 2027."

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Statistic 4

"North America held the largest market share (32.52%) in the global yogurt drink sector in 2019."

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Statistic 5

"China is the largest consumer of yogurt drinks in the world."

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Statistic 6

"Danone is the company with the highest share in the global yogurt drinks market."

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Statistic 7

"The fruit-flavored yogurt drinks segment was the largest market share holder, accounting for over 46% of total market value in 2018."

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Statistic 8

"The demand for yogurt drinks is high amongst millennials, making up for 40% of the consumers."

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Statistic 9

"Supermarkets and Hypermarkets dominated the market with a share of over 58% in the yogurt drinks sector."

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Statistic 10

"Yogurt drinks are considered helpful for digestive health and hold the largest share in the clinical nutrition segment."

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Statistic 11

"Low fat and reduced-sugar yogurt drinks are expected to witness high growth rate in the near future due to changing consumer preferences."

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Statistic 12

"Organic yogurt drinks market is anticipated to grow by 12% in the next five years."

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Statistic 13

"The yogurt drinks market in Asia-Pacific region is expected to grow at a CAGR of 8.2% from 2020 to 2025."

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Statistic 14

"India is one of the fastest growing markets for yogurt drinks with a growth rate of 20% in 2019."

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Statistic 15

"The dairy alternative yogurt drinks market is projected to reach $3.5 billion by 2023."

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Statistic 16

"In U.S over 90% of households consume yogurt and yogurt drinks."

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Statistic 17

"Traditional yogurt drinks captured over 75% of the market share globally in 2019."

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Statistic 18

"Demand for Greek yogurt drinks is forecasted to grow by 7% between 2020 and 2027."

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Statistic 19

"The Middle East and Africa yogurt drinks market is projected to increase by 3.5% by 2023."

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Interpretation

The statistics present a promising outlook for the global yogurt drinks market, with substantial growth expected in various segments such as probiotic yogurt drinks, fruit-flavored options, low-fat and reduced-sugar varieties, and organic alternatives. The market is driven by factors like consumer preferences for health-conscious products, particularly among millennials, and the increasing awareness of the digestive health benefits associated with yogurt drinks. Major players like Danone continue to lead in market share, while regions like Asia-Pacific and India are poised for significant expansion. The evolving landscape, including the rise of dairy alternatives and Greek yogurt drinks, highlights the dynamic nature of the industry and its potential for continued growth in the coming years.

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