Key Takeaways
- The global yogurt market was valued at USD 92.17 billion in 2022 and is expected to grow at a CAGR of 7.8% from 2023 to 2030 reaching USD 156.3 billion.
- In 2023, the U.S. yogurt market size reached approximately USD 9.5 billion, with a projected CAGR of 5.2% through 2028.
- Europe's yogurt market accounted for 35% of the global share in 2022, valued at over USD 32 billion.
- The United States produced 2.8 billion pounds of yogurt in 2022.
- India leads global yogurt production with 65 million metric tons annually as of 2023.
- Turkey produced 1.2 million tons of yogurt in 2022.
- The U.S. per capita yogurt consumption reached 13.6 pounds in 2022.
- In Greece, annual per capita yogurt consumption is 25 kg.
- China's yogurt consumption grew 8% to 3.8 kg per capita in 2023.
- U.S. yogurt exports reached 50,000 metric tons in 2022.
- Netherlands exported 450,000 tons of yogurt globally in 2023.
- New Zealand's yogurt exports valued at NZD 200 million in 2022.
- 42% of yogurt innovations focus on plant-based alternatives in 2023.
- 55% of new yogurt launches in U.S. are high-protein since 2020.
- Probiotic strains in 70% of European yogurt products by 2023.
The global yogurt market is large and growing, driven by innovative products and diverse regional demand.
Consumption and Demand
- The U.S. per capita yogurt consumption reached 13.6 pounds in 2022.
- In Greece, annual per capita yogurt consumption is 25 kg.
- China's yogurt consumption grew 8% to 3.8 kg per capita in 2023.
- U.K. consumers ate 15.2 kg of yogurt per capita in 2022.
- 45% of U.S. adults consume yogurt weekly as of 2023 survey.
- India's per capita yogurt consumption is 30 kg annually, mostly homemade.
- French yogurt intake averages 18 kg per person yearly.
- 62% of millennials prefer Greek yogurt in U.S. polls 2023.
- Australia's per capita consumption hit 14.5 kg in 2022.
- Turkey's yogurt demand per capita 40 kg in 2023.
- 35% increase in low-sugar yogurt purchases in Europe 2022-2023.
- Canada's yogurt consumption volume 5.2 kg per capita 2022.
- 70% of Brazilian consumers buy yogurt monthly.
- Japan's yogurt consumption per capita 4.5 kg in 2023.
- 52% of U.S. kids under 12 eat yogurt daily.
- Germany's per capita yogurt intake 12.8 kg annually.
- Plant-based yogurt consumption up 28% in U.S. 2023.
- Mexico's average yogurt consumption 3 kg per capita 2022.
- 40% of UK sales from flavored yogurt varieties.
- Russia's per capita yogurt consumption 6.2 kg in 2023.
- 65% of women in surveys prefer probiotic yogurt.
- South Korea's yogurt intake per capita 5.1 kg 2022.
- Italy's annual yogurt consumption averages 10 kg per person.
- 75% of Greek consumers eat yogurt daily.
- U.S. yogurt sales through supermarkets 68% of total volume 2023.
- Iran's yogurt consumption per capita 15 kg yearly.
- 30% rise in online yogurt purchases in Europe 2023.
- Poland's per capita yogurt consumption 8.5 kg in 2022.
- Egypt consumers average 4 kg yogurt per capita annually.
Consumption and Demand Interpretation
Market Size and Growth
- The global yogurt market was valued at USD 92.17 billion in 2022 and is expected to grow at a CAGR of 7.8% from 2023 to 2030 reaching USD 156.3 billion.
- In 2023, the U.S. yogurt market size reached approximately USD 9.5 billion, with a projected CAGR of 5.2% through 2028.
- Europe's yogurt market accounted for 35% of the global share in 2022, valued at over USD 32 billion.
- The plant-based yogurt segment is forecasted to grow at a CAGR of 12.5% from 2023 to 2030, driven by vegan trends.
- India's yogurt market (dahi and related) was worth INR 1.2 trillion in 2023, growing at 8% annually.
- The Greek yogurt sub-market in North America expanded by 4.1% in volume terms in 2022.
- Global yogurt production volume reached 14.5 million metric tons in 2022.
- China's yogurt market revenue hit CNY 150 billion in 2023, with 6.5% YoY growth.
- The organic yogurt market globally is projected to reach USD 15 billion by 2027 at 9.2% CAGR.
- U.S. yogurt sales volume increased by 2.3% to 2.4 billion pounds in 2022.
- Brazil's yogurt market grew 7% in value to BRL 5.2 billion in 2023.
- The low-fat yogurt segment held 42% market share globally in 2023.
- Australia's yogurt market value stood at AUD 1.1 billion in 2022, up 5.8%.
- Middle East yogurt market expected to grow at 6.7% CAGR to 2028.
- Flavored yogurt category dominated with 55% global share in 2023.
- Japan's yogurt market revenue was JPY 400 billion in 2023, CAGR 3.2%.
- The premium yogurt segment grew 10% globally in 2022.
- Turkey's yogurt market valued at USD 2.8 billion in 2023.
- Global yogurt market CAGR projected at 8.1% for 2024-2032.
- Canada's yogurt market reached CAD 1.2 billion in 2022, up 4.5%.
- Probiotic yogurt sub-market to grow at 9.5% CAGR to 2030.
- Mexico's yogurt consumption market valued at USD 1.5 billion in 2023.
- The stirred yogurt type held 60% volume share in 2022 globally.
- South Korea yogurt market at KRW 1.8 trillion in 2023.
- U.K. yogurt market grew to GBP 1.4 billion in 2022.
- Global high-protein yogurt market to hit USD 4.2 billion by 2027.
- Russia's yogurt production market value USD 3.1 billion in 2023.
- Plant-based alternatives captured 15% of yogurt market in 2023.
- Germany's yogurt market revenue EUR 2.5 billion in 2022.
- Asia-Pacific yogurt market CAGR 9.3% forecasted to 2030.
Market Size and Growth Interpretation
Production and Supply
- The United States produced 2.8 billion pounds of yogurt in 2022.
- India leads global yogurt production with 65 million metric tons annually as of 2023.
- Turkey produced 1.2 million tons of yogurt in 2022.
- China's yogurt production volume was 4.5 million tons in 2023.
- EU-27 yogurt production reached 3.1 million tons in 2022.
- Argentina's yogurt output was 250,000 tons in 2023.
- U.S. Greek-style yogurt production hit 1.1 billion pounds in 2022.
- Iran's annual yogurt production stands at 1.8 million tons in 2023.
- Australia's yogurt manufacturing output was 120,000 tons in 2022.
- Brazil produced 450,000 metric tons of yogurt in 2023.
- 70% of U.S. yogurt production uses cow's milk sourced domestically.
- Greece produced 85,000 tons of yogurt, mainly strained, in 2022.
- Canada's yogurt production volume was 150,000 tons in 2023.
- 40% of global yogurt production is fermented using Lactobacillus bulgaricus and Streptococcus thermophilus.
- Mexico's yogurt production reached 200,000 tons in 2022.
- New Zealand exported raw materials for 50,000 tons equivalent yogurt production in 2023.
- France leads EU yogurt production with 450,000 tons in 2022.
- Pakistan's informal yogurt production estimated at 10 million tons yearly.
- Germany's yogurt plants produced 380,000 tons in 2023.
- 25% of yogurt production in India is now pasteurized.
- U.K. yogurt production totaled 220,000 tons in 2022.
- Bulgaria's yogurt output was 45,000 tons in 2023.
- Japan's yogurt production volume 250,000 tons in 2022.
- South Africa's yogurt production at 80,000 tons annually.
- 60% of U.S. production is conventional vs. organic yogurt.
- Denmark produced 120,000 tons of yogurt in 2023.
- Egypt's yogurt production estimated 500,000 tons in 2022.
- Poland's yogurt output grew to 200,000 tons in 2023.
- 15% of global supply chain disruptions affected yogurt production in 2022.
Production and Supply Interpretation
Trade and Exports
- U.S. yogurt exports reached 50,000 metric tons in 2022.
- Netherlands exported 450,000 tons of yogurt globally in 2023.
- New Zealand's yogurt exports valued at NZD 200 million in 2022.
- Germany's yogurt exports totaled 180,000 tons in 2023.
- U.S. imported 120,000 tons of yogurt mainly from Canada in 2022.
- Turkey exported yogurt worth USD 150 million in 2023.
- Denmark's yogurt exports to Asia grew 15% in 2022.
- France exported 250,000 tons of yogurt in 2023.
- India's yogurt exports minimal at 5,000 tons but growing 10% YoY.
- Belgium's yogurt re-exports reached 300,000 tons in 2022.
- China's yogurt imports from New Zealand 20,000 tons in 2023.
- Poland exported 90,000 tons of yogurt to EU neighbors in 2022.
- Australia's yogurt exports to Southeast Asia USD 50 million.
- Greece shipped 40,000 tons of strained yogurt abroad in 2023.
- Canada's yogurt exports to U.S. 80,000 tons in 2022.
- Iran's yogurt exports to Middle East 30,000 tons yearly.
- Ireland's yogurt trade surplus USD 100 million in 2023.
- Mexico imported 15,000 tons of premium yogurt in 2022.
- Sweden exported 50,000 tons of organic yogurt in 2023.
- Bulgaria's yogurt exports grew 12% to 25,000 tons in 2022.
- U.K. yogurt imports from EU post-Brexit 100,000 tons.
- Argentina exported 10,000 tons of yogurt to neighbors.
- Finland's yogurt exports valued EUR 40 million in 2023.
- Japan's yogurt imports totaled 5,000 tons in 2022.
- South Africa's yogurt exports to Africa 8,000 tons.
- 60% of global yogurt trade is intra-EU.
- Russia's yogurt imports banned, domestic supply 95%.
- Austria exported 35,000 tons of yogurt in 2023.
- Brazil's yogurt exports to Mercosur 12,000 tons.
- 25% tariff on U.S. yogurt exports to China affects 10,000 tons.
- Norway imported 20,000 tons of yogurt despite high domestic prices.
- Spain's yogurt exports reached 120,000 tons in 2022.
Trade and Exports Interpretation
Trends and Innovations
- 42% of yogurt innovations focus on plant-based alternatives in 2023.
- 55% of new yogurt launches in U.S. are high-protein since 2020.
- Probiotic strains in 70% of European yogurt products by 2023.
- Plant-based yogurt launches up 300% globally 2018-2023.
- 65% consumer preference shift to low-sugar yogurts in surveys.
- Greek-style yogurt now 40% of U.S. category volume.
- 28% of yogurts feature functional ingredients like collagen in 2023.
- Sustainable packaging in 35% new yogurt products Europe.
- Layered yogurt pouches grew 15% in sales 2022-2023.
- 50% rise in kids' yogurt with no added sugar launches.
- AI-optimized fermentation cuts production time 20% in pilots.
- 75% of Gen Z seek mood-boosting probiotics in yogurt.
- Drinkable yogurt segment CAGR 10% to 2030.
- 40% yogurts now fortified with vitamin D in North America.
- E-commerce yogurt sales up 45% post-pandemic.
- 60% premiumization with artisanal flavors in launches.
- Ketogenic yogurt variants emerged in 25% new products 2023.
- 32% growth in frozen yogurt innovations globally.
- Personalized yogurt via apps in 10% urban markets.
- 80% reduction in lactose via enzyme tech in new lines.
- Multicultural flavors like mango lassi in 20% U.S. launches.
- 55% of yogurts recyclable packaging by 2025 commitment.
- Gaming-integrated yogurt marketing reaches 15M users.
- 45% uptick in ayurvedic herb-infused yogurts India.
- Blockchain traceability in 30% premium yogurt brands.
- Mood-enhancing adaptogens in 18% new yogurt formulas.
- Spoonable vs drinkable split 55-45% in innovations.
Trends and Innovations Interpretation
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