The North America Probiotic Yogurt Market is worth USD xx million in 2020 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2026. The North America Probiotic Yogurt market is developing at an exceptionally quick pace.
Yogurt is a semi-solid food which is made from milk that is fermented into creamy food having additional probiotics. It is also a source of balanced proteins, carbohydrates, vitamins, fats and minerals. Probiotic yogurt contains fatty acids, calcium, whey proteins, magnesium, potassium, zinc, vitamins, and enzymes which makes it healthy and fit for consumption. Probiotic yogurt increases micro-flora in the body which facilitates consumption of live bacteria.
Key Factors:
The significant drivers are health benefits associated with probiotic yogurt like healthy digestion, increase in bone density which prevent osteoporosis, weight loss, reduces cholesterol and lowers risk of diabetes. Also advertising by key players is increasing the demand. Use of probiotic yogurt in cosmetic industry is further boosting the industry.
Detailed Segmentation Analysis:
The North America Probiotic Yogurt market is segmented on the basis of raw material,application, distribution channel and region. Based on raw material the market is segmented into goat milk, sheep milk, cow milk and others. Due to nutrients and calcium contents cow milk is preferred over sheep milk and goat milk. Based on Application the market is segmented into Cosmetic Industry, Food Industry, and Other Applications. It is majorly used for cosmetic industry as probiotic yogurt contains vitamins and antioxidants which improve skin appearance. Based on Distribution channel the market is segmented into supermarket/ hypermarket, retail shops, online stores. Sales from Online stores has increased due to easy availability.
The North America market has been geographically segmented into segmented into US, Canada and Mexico. US has the largest demand followed by Canada.
Key Players Covered in this report:
Nestle SA, Mother Dairy Fruit & Vegetable Pvt. Ltd., Morinaga Milk Industry, Lifeway Foods Incorporation, Lancashire Farm, General Mills, Inc., Yakult Honsha Co., Ltd., Valio, Olympic Dairy, Danone and Danisco (Dupont) are the leaders in the North America Probiotic Yogurt market.
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