The global frozen yogurt market size valued at US$ 1.81 Billion in 2024 and is anticipated to increase at US$ 2.38 Billion by 2032, with a growing CAGR 3.50% of in the next six years.
Expanded purchaser inclination for non-dairy, low-calorie, high-protein, and more beneficial sweets is the essential factor driving the market. The rising prominence of low-fat frozen yogurt and the presentation of sound item variations with an assortment of flavors is probably going to give various choices to buyers who are searching for a sound option for frozen pastries.
Numerous buyers are progressively searching for advantageous frozen sweet-based bites, which convey medical advantages, taste great, and offer a healthy eating experience. Change in dessert utilization conduct has offered rise to frozen yogurt deals all over the globe. Probiotics found in frozen yogurt, which help absorption, excellence, and thinning, have pulled in frozen yogurt purchasers. In the United States, most shoppers select frozen pastries, for example, desserts and frozen yogurts, as feast substitutions. Further, furious ways of life, combined with well-being and health concerns, are driving these changes.
The United States holds a huge offer in North America, wherein there is a noteworthy move in purchaser inclinations from dairy-based frozen yogurt to non-dairy-based frozen yogurt items, particularly among high-salary customers. Makers with high shopper bits of knowledge, capacities, and top-tier item improvement skills are pulling in more buyers through inventive item portfolios. The nearness of frozen yogurt in various flavors offered by both neighborhoods, just as significant players, with promising medical advantages and excellent flavor understanding, is likewise driving the deals of frozen yogurt in the nation.
Customers are more well being cognizant nowadays, they will, in general, devour treats that are low in fat and have an insignificant measure of sugar, and frozen yogurt turns into the best option in contrast to unfortunate sweets as frozen yogurts satisfy both the prerequisites of shoppers and these variables are required to drive the market of frozen yogurt. Another factor that is foreseen to help the deals of frozen yogurt is the dissemination of these items through online channels, as online retailers offer a wide assortment of frozen yogurt. In addition, online stores offer frozen yogurt with rewarding offers or coupons. Every one of these advantages is relied upon to go about as a positive variable driving the development of the worldwide frozen yogurt market over the gauge time frame. The frozen yogurt market is likewise determined by the affection for reviving dessert electives by the children. Children are inclined toward chilled pastries in the late spring seasons, and frozen yogurt is an ideal solution to their requests. By and by, the utilization of normal flavors and the presentation of veggie lover frozen yogurt in various flavors can make high-income open doors for players in the objective market.
frozen yogurt contains probiotic microorganisms that are valuable for human well-being. It additionally contains supplements that help to improve bone well-being. frozen yogurt contains fewer calories than dessert. These are a portion of the components expected to help the development of the worldwide frozen yogurt market sooner rather than later.
The expanding entrance of composed players guarantees an exceptionally serious market situation and results in the dispatch of an expanding assortment of frozen yogurts, which is required to help, by and large, the development of frozen yogurt all-inclusive to a considerable degree over the gauge time frame. In any case, high utilization of frozen yogurt containing fats can adversely influence the strength of people, which is a factor that may hamper the development of the worldwide frozen yogurt market.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2032 |
Base Year |
2023 |
Forecast Period |
2024 to 2032 |
CAGR |
3.50% |
Segments Covered |
By Fat Content, Type, Flavour, Distribution Channel, And Region |
Various Analyses Covered |
Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Menchie's Frozen Yogurt Company, Pinkberry, Honey Hill Farms, Scott Brothers Dairy, Red Mango, Inc., Yogurtland Inc., Gujarat Cooperative Milk Marketing Federation Ltd., TCBY, and Nestle |
The fat segment has been gaining attention in the past few years with the increasing prevalence of various diseases and the trend towards following healthier diet options, especially in both developed and emerging countries. Eating tasty and different flavored yogurt is the latest trend in urban cities where it is highly nutritional with no or less fat according to the preference. This factor is boosting the growth rate of the market to an extent. Key companies are making various strategies to launch frozen yogurt in different flavors with eventually fewer preservatives or additives, which is likely to enhance the growth rate of the market.
The low fat segment also holds the prominent revenue share of the market. Rising awareness over the importance of taking low-calorie food products eventually to avoid the risk of various health diseases is attributed to enhancing the growth rate of this segment.
Sugar-free frozen yogurt is gaining a lot of attention from health-conscious people, and it is completely safe for even diabetic patients. Therefore, the popularity of sugar-free frozen yogurt is holding new opportunities in recent times. The launch of typical sweet flavor yogurt by top brands has also attracted wide consumers in recent times, which has also fueled the growth rate of this segment.
Regular frozen yogurt has a prominent share of the market. These products are similar to ice cream but made from yogurt with some additional flavors for taste and texture, eventually with fewer calories than ice cream. Particularly, the increasing use of this product in many ways, like in smoothies or as a top-up on cookies, is eventually creating space for new opportunities for regular frozen yogurt in many countries.
The chocolate segment is leading with the highest share of the market. Many people’s favorite flavors would always be chocolate, even among kids, which is why the demand for chocolate frozen yogurt is still increasing tremendously. This is likely to steadily elevate the growth opportunities for the market in the coming years.
Fruit-flavored frozen yogurt seems to be a less calorie product, and it is optioned as a healthier alternative to many of the other products that are quietly high in calories and not very good for obesity or diabetic patients. The interest in desserts eventually in a healthy perspective is attributed to enhancing the growth rate of the market.
Online store channels are hitting the highest CAGR in the last two years with the rising number of people using food delivery applications that are feasible on mobile. These applications allow users to order the desired products that will be delivered to their doorstep. In fact, the e-commerce platform is reshaping the food and beverage industry to the next level. All these factors are attributed to enhancing the growth rate of the market.
The land broadening of the market for frozen yogurt is given by North America, Latin America, the Middle East and Africa, Western Europe, Eastern Europe, and the Asia Pacific. A significant piece of the overall industry for frozen yogurt is held by North America. The rise in usage of spices upmarket growth in this area. In Europe, the frozen yogurt market is getting well known at an exceptionally quick rate attributable to its expanded interest in the countries, for example, the U.K., France, and Germany. Asia Pacific area is similarly estimated to register a decent market development in the foreseen years.
General Mills Inc., Danone, Unilever, and Nestle are a portion of the organizations driving the frozen yogurt market. Significant players have concentrated on the drawn-out procedures, including item and flavor advancement, as the market request is moving toward new flavors. The opposition among the players is high as there are numerous suppliers for frozen yogurt. Makers working in this market are continually occupied with broad R&D exercises, so as to create normal and more secure items, as opposed to manufactured items.
Major Key Players in the global frozen yogurt market are Menchie's Frozen Yogurt Company, Pinkberry, Honey Hill Farms, Scott Brothers Dairy, Red Mango, Inc., Yogurtland Inc., Gujarat Cooperative Milk Marketing Federation Ltd., TCBY, and Nestle
By Fat Content
By Type
By Flavour
By Distribution Channel
By Region
Frequently Asked Questions
Some current trends include the rise of self-serve frozen yogurt shops, the incorporation of probiotics and functional ingredients for added health benefits, and the expansion of dairy-free and vegan options to cater to dietary preferences and restrictions.
Popular flavors include classic options like vanilla, chocolate, and strawberry and more unique flavors like cake batter, cookies and cream, and salted caramel.
Frozen yogurt typically has a lower fat content than ice cream because it's made with yogurt rather than cream. It also contains live bacterial cultures, which are beneficial for gut health.
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